oyiptong

oyiptong

Current market trends in this tumultuous market. I put in ABNB, which is a capital-light company, pitted to the S&P 500 and BTC, an "inflation-resistant" asset. While BTC's price compared to the USD is highly volatile, in the end, it is poised to become what it set out to be.

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During COVID-19, crypto-assets have been soaring. ETH has seen the explosion of DeFi on its platform. This chart tracks both of those crypto assets compared to the S&P500.

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Looks like the ETHE growth has taken a hit against ETH. Where's the premium? No buyers for ETHE on the OTC market?

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Looking at how GBTC and BTC moved over the xmas season, with Guggenheim placing $500M in GBTC, i.e. 18,057.22 BTC

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up 50%, down 25%

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Attempts to compare the price action on ETHE vs the asset it tracks, ETH

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the chart speaks for itself.

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ETH is on a tear!

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Comparison of top tech stocks vs S&P500

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looks like there's some kind of trend. the current prices will need to match the trend... given though, this chart is in log scale, so, if the exponential trend keeps up, we should be in for a ride