It seems that in a sea of red, some of the only green lights out there appears to be SAND. I find this quite interesting as it ties into the news flash that I did last week (see above). As I mentioned in that, there is speculation currently that Adidas could be building something exciting in the Sandbox ecosystem. As I mentioned in that newsflash, this could...
Bitcoin What we're seeing is the creation of lower highs and lower lows which denominates a bearish market structure. This is in disagreement to what we're seeing from the total mcap but it is not something we'll ignore. The market is asking for caution at these levels. Anyone who's overexposed to the market should tread very caref Bitcoin What we're seeing is...
Can you spot the difference in minting patterns? USDT - Systematic, precise and always an exact figure USDC - Randomised, reflecting the imbalances in demand from day-to-day market volatility USDC’s minting is what you would expect from issuance based on demand. USDT? Suspicious
70% of BTC’s volume is courtesy of #USDT 100% of USDT’s supply is considerably unbacked, unstable and 100% unaudited. BTC’s being inflated by thin air, backed with thin air. Most exchanges are unbanked and liquid in thin air, not fiat. Is nobody concerned about this?
1 Tether issued is supposedly backed by 1 USD made as payment to Tether. For every $1 deposited into a Tether account, a correlating 1USDT is minted. If this is the case, why do Tether’s cash reserves account for less than 4% of their total backing?