BTCUSDT Google Cloud today announced the launch of our new Blockchain RPC (Remote Procedure Call) service. Blockchain RPC is fully compatible with the Ethereum JSON-RPC standard, allowing developers to integrate it into their applications with a single line of code.
GOOGLBTCUSDTNDXSPX We will have a similar but bigger yen carry unwind soon. This bull cycle is rare because every previous bull cycle had low interest rates and the dollar was a trash against basket of currencies. We saw what happened last week: USD dropped 10% against the yen, and NDX fell 7%. However, they actually made gains in terms of yen valuation. Now that we see the economy slowing and the Fed cutting rates, with the dollar weakening, why are you so sure the same thing won’t happen again? The dollar is still too expensive against the Australian dollar, Canadian dollar, UK Pounds, Japanese yen, and Chinese yuan. Just few month ago, no one wanted to buy the US treasuries bonds because the US government had too much debts. Fiat currencies are not like stocks; they depend on real economies when directions are decided and pivots trends go for at least more than 6 months if not years.