LBX have partnered with Argento Access to offer the first-ever Bitcoin-denominated bond to have been allocated an ISIN. Earn a passive income on your BTC with no exposure to fiat. DMR readers can claim a double first coupon!
ENQUIRE HERE
These people have had enough of their noisy neighbour Maurice, they are so fed up that they’re taking the rooster to court. In other bird-related news, vets thought they had discovered a new species when this brightly coloured creature came in, turns out it was just a seagull covered in curry sauce. And lastly, a woman who was caught licking ice cream and putting it back in the fridge could face 20 years in prison… that’ll teach her.
What a slow weekend; but at least bitcoin didn’t crash, right? Well, things might get wilder later this week. As bitcoin’s daily volatility is coming down to its 200-day average — something aligned with a decline in BitMEX’s daily usership — we might see some fast-paced action soon. Either north or south! The alternative is a slow summer decline — after all, bitcoin doesn’t like to rise in non-violent ways.
This means the only scenario you can risk being caught off-guard with is if aggressive buyers drive BTC price up again. Ideally towards a new parabolic advance, because this morning’s 5% pump won’t take us to the moon. Anyway, both a slow fall or a quick crash won’t bother anyone’s holidays — except if you’re a bear, of course. So, if you don’t buy Bitcoin’s seasonal affective disorder, check Skew Market’s data on how Q3 has always been, on average, the year’s worse quarter.
Meanwhile, what to do in such choppy conditions? First, check Josh’s BTC levels, showing the importance of breaking $12.3k before anything is declared. Then note that now the original cryptoasset has calmed down then maybe — just maybe — there will finally be some alternative opportunities elsewhere.
Here, we recommend researching more about Quantamental’s reminder about some mainnets which are launching soon and Larry Cermak’s note about a certain exchange token which might announce its next burn this week. Don’t forget the same project will unlock a large number of its tokens that were allocated to the team! Oh, and if you dabble in alts be ready for their respective parent companies to suffer Tron’s fate. While price hasn’t crashed much, yet, note the Crypto Panda reports its recent growth was caused by the ponzi scheme!
▪ Curious about LBX’s new Bitcoin bonds, created in partnership with Argento? Check CoinTelegraph’s coverage and this post by Phil Millo, CEO of Argento.
▪ Curious about the latest developments of Craig Wright’s court case? Decrypt’s Adriana Hamacher summarises the dreadful situation here. Hope it’s resolved soon.
▪ Curious about how the overall industry is adopting Ethereum? Tetranode shared a must-read thread on how the 2nd highest-valued blockchain is faring.
▪ Curious about the impact of high-frequency trading on the cryptosphere? CoinDesk’s Anna Baydakova explains the good and the bad sides of the practice.
“Satoshi built in a viral loop into the core protocol with the supply via hard cap and issuance (halvenings create supply shock). Speculative bubbles just require one primitive trait of humans: greed.
If Bitcoin’s value had stayed constant we would have never heard of it.”
