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André Dragosch, PhD | Bitcoin & Macro
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Sooo Metaplanet just bought more
BTC
than Strategy this week.
#BTC
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André Dragosch, PhD | Bitcoin & Macro
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Interesting chart: Maybe a key reason for the lacklustre demand for US Treasuries? FX-hedged US Treasury yields for major foreign investors from Europe or Japan are mostly below zero. Better to invest into domestic govt bonds.
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71% of bitcoin supply is deemed "illiquid" by @glassnode That's it. That's the tweet.
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Me looking at the huge pile of government debt but still relieved after remembering that I own bitcoin.
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NOTE: Twenty One's recent BTC purchases put into perspective -- They casually swept off almost 10% of existing bitcoin exchange balances on @bitfinex with their most recent purchases. This is not a supply shock - it's a demand shock.
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If you see a ₿ it means you don't have enough bitcoin.
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