Re: Traders joking (Memes, Jokes & anything funny to pass time between trades)

4333
People have fun with BABYDOGE (there are many different versions of BABYDOGE).
People have created an astronomical number of coins.
There are a lot of zeros from the right in its price.
She gives you a headache, no one needs her.
But! Its creators said it's worth 700 billion dollars. (this is half the capitalization of bitcoin!!!)
It's simple! You are a multi-billionaire.


Someone made 700 billion dollars for themselves in a few days.
And you count fractals on M1 :)


Re: Traders joking (Memes, Jokes & anything funny to pass time between trades)

4337
Exclusive: The reasons for Bitcoin's sharp decline in November

November is considered a fairly favorable period for the cryptocurrency market. However, bitcoin has shown a sharp decline this year, consolidating below the psychologically important $90,000 mark. Jan Pinchuk, Deputy Head of the WhiteBird Stock Trading Department, shared his opinion on the possible causes of this situation.

According to the expert, the prerequisites for the development of a bearish trend began to form in August. The bottom line is that the flagship of the crypto market is traditionally dependent on the level of global liquidity. It grows steadily during the period of its expansion and stagnates when it decreases. Since about the middle of August, the increase in liquidity in the global market has slowed down, and then it began to decline altogether.

All this resulted in problems with dollar liquidity in the US repo market, which manifested themselves at the end of October and resulted in a sharp increase in the SOFR rate relative to IORB. SOFR is a rate on secured overnight repos secured by government bonds. In simple terms, this indicator reflects the value of dollar liquidity. As for the IORB, this is the rate on banks' reserves. This indicator can be considered a certain percentage that the Fed pays to credit institutions for funds in correspondent accounts.

If SOFR increases sharply with respect to IORB, then this can be considered a clear signal that there is a shortage of dollar liquidity.
And it is during this period that bitcoin often experiences a lot of pressure. But then the situation began to develop in an even more negative way. The alarming signals from the Fed's representatives, combined with inflated valuations on the stock market, have become a favorable environment for the decline of high-risk assets. As a result, the Nasdaq index fell by 9%, and bitcoin lost 25% in November.

Crypto.ru
CoinEx