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The_Eagle100
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GERMAN ECONOMIC DATA 🚨 Not good Eurozone heading for Deflation. What will the ECB do? Print like hell to cause inflation.... clown world

GERMAN ECONOMIC DATA 🚨

Not good

Eurozone heading for Deflation.

What will the ECB do?

Print like hell to cause inflation.... clown world

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The_Eagle100
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Bitcoin Forecast for the week - ETF Flows Will Return GBTC zero outflow - a VERY good sign to start the week My Bitcoin theory this week: 1) 13f's got a lot of attention 2) Will trigger some institutional FOMO 3) $GBTC bleed will continue to slow (never saw $GBTC Vol 16% of $IBIT) 4) Positive ETF week 5) Most non ETF cohorts will go back to stacking! Let's go!
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Hi Team About 10 days from now we face a significant event in the cryptocurrency world is the large Pyth Network (PYTH) token unlock, scheduled for May 20, 2024. This unlock will release 2.13 billion PYTH tokens, which is more than half of the total supply. The current market price of PYTH tokens suggests that this unlock will be worth approximately $1.24 billion. This event is notable not just for the massive amount of tokens being unlocked but also for the potential impact it could have on the market. I did say I would hold for a year unless something dramatic changes, well this is one of those events. Since I was always underweight SCS Token I decided to Swap my PYTH into SCS https://jup.ag/swap/PYTH-SCS Sometimes tokens do not fall after a large unlock, but often they do. I plan to rebuy back into PYTH as I believe it is the LINK killer.... but will be out of the position for now. PYTH was sold at 0.48 cents SCS was purchased at .011 cents. It seemed to hit solid support and I believe this one has solid upside.
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$ETH is inflationary again!🚨🚨🚨 The deflationary narrative was fun while it lasted! Get ready for some good old-fashioned inflation #Ethereum #Inflation
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What happens if China Buys BTC? China's Money Supply Explosion Dwarfs US While the US money supply growth has been noteworthy, it pales in comparison to China's recent surge. Since March, China has increased its money supply by a staggering $5.4 trillion. To put this into perspective, China's money supply now stands at a level 81% larger than that of the United States.
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Who's Spending, Who's Not! Per the chart, it shows you who is spending and who is not. The highest-earning 20% of people in the US now account for a huge 40% of all consumer spending. On the other hand, the lowest-earning 20% of people only account for 9% of consumer spending. Even if you add up the bottom 40% of incomes in the US, they still only account for 22% of consumer spending, compared to 61% for the top 40%.
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