The Macroeconomic Implications Of Evergrande For Risk Assets And Bitcoin
As Evergrande collapses, China is close to becoming a high-yield borrower. In this debt spiral, bitcoin is the best hedge for investors.
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As Evergrande collapses, China is close to becoming a high-yield borrower. In this debt spiral, bitcoin is the best hedge for investors.
Evergrande cannot be viewed correctly except in the context of the overarching economic situation in China.
Ethereum prices recovered on Sunday amid a market-wide upside correction while receiving an additional upside boost from a bullish JPMorgan & Chase report.
Today’s press release from People’s Bank Of China reiterates rules already imposed by the Chinese government. China has banned bitcoin and cryptocurrencies so many times that I’ve lost count. (h/t @JohnStCapital) pic.twitter.com/pIZm7FDBNk — Pomp ?? (@APompliano) September 24, 2021 People’s Bank of China (PBOC) released a summary of China’s cryptocurrency ban. It reiterates the fact […]
The post Did China Conveniently Ban Crypto Again On Options Expirations Day? appeared first on CryptosRus.
The crypto market retraced after Tether reports surfaced, indicating the stablecoin might hold Evergrande commercial papers (CP).
The crypto market cap is looking optimistic with a rise of over 6% in a day and its market cap almost back to $2 trillion.
Continue reading The Market Is Recovering, Again. But Why? at DailyCoin.com.
Read Thursday's breaking news in the daily digest!
AXS may form a death cross between its 20-day and 50-day exponential moving averages, despite the latest rebound.
The sharp bounce back in the Avalanche market still faces risks of exhaustion as the price forms a bearish wedge setup.
The crypto market retraced after reports surfaced that Evergrande could go under due to a $300 billion debt.
Continue reading Evergrande and Crypto: Just How Intertwined Are They? at DailyCoin.com.
Marty Bent, the co-founder of Bitcoin mining firm Great American Mining, is glad to be hodling Bitcoin as uncertainty hangs over the legacy financial system
China's Evergrande Real Estate Group has sparked a larger market sell off, potentially impacting the bitcoin price.
The collapse of Evergrande and Chinese real estate developers underscores the promise of bitcoin, an asset disconnected from the global system.
Read Tuesday's breaking news in the daily digest!
The fall down of the Chinese real estate giant Evergrande Group swept the entire cryptocurrency market. Evergrande’s financial crisis caused investors to worry about China’s catastrophic debt default, which caused panic selling in the market. (Read More)
The Crypto market slumped as fueled by the financial crises of China Evergrande.
(Read More)
Bitcoin was designed for a Financial Crisis. So far, it’s working well. The market has taken quite the beating today, and we are all used to it, no need to panic. Fears over economic calamity in China have taken the stock market and the crypto market down. Over $250 billion in value was wiped off […]
The post September Dips Historically Have Paved Way for Big Runs appeared first on CryptosRus.
Evergrande fears extending into crypto, but market showing some strength against global downturn fears. Covered: Market Down Then Up. Likelihood Of Rebound Continuing. Market Down Then Up. The crypto market is up slightly after falling over 10% in terms of global market cap. As of press time, the global market cap is in the 1.9 […]
The post Crypto Market Showing Signs Of Rebound Despite Evergrande Fears appeared first on CryptosRus.
An "interesting opening" for stocks promises a hectic day for Bitcoin traders.
Bitcoin has been leaving Coinbase’s wallets in 2021, while BTC exchange reserves on Binance tell a different story.
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