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Central Banks Are Secretly Buying Bitcoin It might sound like a conspiracy, but central banks are almost certainly already buying Bitcoin. Here’s why: Hedging Against Their Own Policies Nearly all countries are up to their ears in debt. Since austerity measures are not politically acceptable, they must find other ways to manage that debt – and the easiest path is just to inflate it away! If you make the value of each dollar of debt worth less and less each year, it naturally becomes easier to find the money to pay it off. Here’s where central banks come in, and the game plan is simple: flood the economy with money to purposely cause inflation. In the United States, the Fed supposedly targets a 2% inflation rate, but in reality, they want the inflation rate to be as high as possible without causing political turmoil. Of course, central banks know all about inflation, which is why they try to minimize the amount of currency they hold in reserve. Instead, they opt for hard assets – ie. assets that don’t get devalued year after year. Gold is one such asset, and so are stocks, and even some kinds of bonds. Bitcoin is also an inflation-resistant asset, which is why central banks are probably scooping it up right now. Bitcoin as a Hedge Against Uncertainty The global economy is shaky, and as many investors turn to Bitcoin to hedge against financial instability, central banks are likely doing the same. Publicly, bankers may criticize Bitcoin, but privately they could be buying it to protect their reserves, particularly in countries seeking sanction-resistant assets. Bitcoin’s decentralized nature provides an escape from financial sanctions and offers a hedge against rising debts and inflation as trust in fiat currencies erodes. For central banks in geopolitically sensitive regions, accumulating Bitcoin could serve both as a safeguard against weakening traditional monetary systems and as a means to sidestep external pressures. #Bitcoin❗ #bitcoin☀️ #BTC☀ #CentralBanking
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free alpha : long
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This Week’s Crypto Gainers and Losers: Meme Tokens Outshine Bitcoin and Ethereum In the midst of a more optimistic crypto market, both bitcoin and ethereum have enjoyed steady growth, climbing by 3.13% and 3.61%, respectively, over the past week. Additionally, several other digital currencies experienced even more significant increases, with spx6900 (SPX) stealing the spotlight by skyrocketing 107.2%, making it the standout performer of the week. Crypto Market Climbs to $2.25 Trillion, SPX and Meme Tokens Shine With Triple to Double-Digit Gains On Monday, the total global market capitalization for all crypto assets hit $2.25 trillion, marking a 3.01% boost in the past 24 hours. Over the last week, many cryptocurrencies have rallied against the U.S. dollar, recovering from the previous week’s losses. Leading the charge this week was spx6900 (SPX), which shot up by a staggering 107.2%. Additionally, around two dozen coins posted impressive double-digit gains. Trailing SPX is the artificial intelligence (AI) powered meme token goatseus maximus (GOAT), which jumped 70.2% this week. The token reef (REEF) gained 50%, while baby doge coin (BABYDOGE) saw a rise of 45.31%. Also making waves, the book of meme (BOME) leaped by 39.71%, and dog go to the moon (DOG) followed closely with a 38.86% increase. Other notable performers include MOG, AXL, ZEC, BDX, and WLD. Outside of BTC, ETH, and stablecoins, the highest trading volumes of the week belonged to SOL, BNB, SUI, PEPE, XRP, DOGE, WIF, NEIRO, and APT. On the downside, only a handful of coins posted double-digit losses. The newly launched scroll (SCR) took the hardest hit, plummeting over 50%, while ftx token (FTT) dropped by 23.37%. Hamster kombat is still struggling, down 13.33% this week, followed by RLB, which fell 11.44%, and HNT, down 11.11%. The cryptocurrency market’s recent performance highlights renewed optimism, with top assets and standout tokens making impressive gains.
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Piyasalar kafiyeleri sever. Fraktallar bunun en güzel örnekleridir 2023 ve 2024 chop season online #bitcoin☀️
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Sorry guys I was wrong on this idea green box didnt hold the price and seller take the control. I accept the loss and close this position :/ $JTO
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لماذا يخسر الكثير من الناس المال في العملات المشفرة؟ الحقيقة التي تحتاج إلى سماعها!
cryptoo00
هذا هو مستر بيست #MrBeast
حيتان العرب Arabicwhales
هل يجب شراء العملات الرقمية أثناء انخفاض السوق؟ 👀🔥
MR YAHYA
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