SoftQuant

07:56

SoftQuant

Like many other asset prices in crypto Shib has been forming a baseline for a while This is a powerful structure that can create fierce movement either way. Look to bitcoin in 2018. Bitcoin did fall there then by roughly 50%. Value cut in half. This is potentially in play for many assets forming a baseline. If the trend stays green then the move out of this...

08:01

SoftQuant

Paypal launches PYUSD This does not mean it will get adoption just because Paypal wants it to. There may be regulatory hurdles incoming just as we saw with Libra and Diem for FB // Meta. This is now a clear trend though where larger traditional companies are seeing the immense upside in their own stablecoin products. I dont think this trend is going to die out....

12:01

SoftQuant

SEC wants to crack down on crypto market This is a means to control the flow of money. Every nation across time does not want to see their money flow out of their 'bloc'. If Binance continues to be a behemoth in the new finance space whilst CZ is in China.. this will continued to be perceived as a threat. I dont have extra information into Binance but regardless...

08:51

SoftQuant

Will DOGE be added to X ? Elon has been very public about his like of DOGE. He almost couldnt have been more vocal about his thoughts on currencies. He has even gone on places like SNL to get across his opinion. Almost like forward guidance. DOGE can offer a lot of positives for X and Elon. What can DOGE do for Elon ? Digital platforms want to create or...

09:34

SoftQuant

News of blackrock and traditional finance filings for bitcoin have been taken as if they'll be a simple clean process to success. Perhaps it will be smooth sailing. I do think theres a decent chance for it to be a rockier road than many are currently thinking. This gives time for the process to influence btc and crypto prices in the meantime. Should a...