xuanling11Crypto Paycheck
Photo by Mario Gogh on UnsplashEmployees will receive their paycheck in the period as a reward for their work. However, the employer wants to pay less to employees so that they can have maximum profits. The tension between working and anti-working has increased ever since. TL;DR Nobody wants to work unless they can pay fairly. Fiat payment may not be sustainable to satisfy what workers can contribute if the employer continues paying less and gaining more from profits. Employees will want thei...
xuanling11Stablecoin Crisis
Stablecoin is in the crisis mode. The most reputable stablecoin USDC is depegged. It is all triggered by the traditional bank collapse - Silicon Valley Bank or SVB collapse. Why traditional bank collapse impacts crypto stablecoin? Let's sort this out and reveal how stablecoin operates. First, why SVB collapse? The short answer is overleveraged. SVB is one of the 20 largest commercial banking in the United States. Some even estimate the bank owned half of startup assets. Bank operated in ...
xuanling11The only way
Technology isn't always directly translate to what we desire it to become. For example, we wish social media to become a place to keep in touch of others but it created another whole new level of distrust and misinformation that spread like a Pandemic. Be careful of your wishes! Like AI we think they can bring up a new level of the game in the creative industry and possibly to replace writers like you and me, but can they? It seems they are very powerful to execute what we want them to, ...
xuanling11Crypto Paycheck
Photo by Mario Gogh on UnsplashEmployees will receive their paycheck in the period as a reward for their work. However, the employer wants to pay less to employees so that they can have maximum profits. The tension between working and anti-working has increased ever since. TL;DR Nobody wants to work unless they can pay fairly. Fiat payment may not be sustainable to satisfy what workers can contribute if the employer continues paying less and gaining more from profits. Employees will want thei...
xuanling11Stablecoin Crisis
Stablecoin is in the crisis mode. The most reputable stablecoin USDC is depegged. It is all triggered by the traditional bank collapse - Silicon Valley Bank or SVB collapse. Why traditional bank collapse impacts crypto stablecoin? Let's sort this out and reveal how stablecoin operates. First, why SVB collapse? The short answer is overleveraged. SVB is one of the 20 largest commercial banking in the United States. Some even estimate the bank owned half of startup assets. Bank operated in ...
xuanling11The only way
Technology isn't always directly translate to what we desire it to become. For example, we wish social media to become a place to keep in touch of others but it created another whole new level of distrust and misinformation that spread like a Pandemic. Be careful of your wishes! Like AI we think they can bring up a new level of the game in the creative industry and possibly to replace writers like you and me, but can they? It seems they are very powerful to execute what we want them to, ...
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The bullish trend is up and continuing? No so fast!
ChatGPT defined crypto whale is:
A crypto whale is a term used to describe a person or entity that holds a large amount of cryptocurrency. These individuals or entities can have a significant impact on the market due to their ability to buy or sell large amounts of coins at once. They are also known to have the ability to manipulate the market in their favor.
The market sentiment is too optimistic about the bullish trend, indicating that investors are trying to recover 2022 losses as much as possible before it is too late.
Since institutional investors are hoarding more cashes to prepare the worst, crypto seems work at the best.
However, whales are more cautious and unlikely to enter large positions until the economic indicators are clear.
The problem is that the market needs to include a critical point that the Fed still needs to do their increasing of the interest rate and dollar weakening is a short-term play.
The market will deteriorate faster than we expect to be. As a result, retail investors have to be very careful in managing their positions in crypto.
Whales are taking profits and patiently wait for another correction to come.
It will get worst before it gets better.
Photo by Todd Cravens on Unsplash
The bullish trend is up and continuing? No so fast!
ChatGPT defined crypto whale is:
A crypto whale is a term used to describe a person or entity that holds a large amount of cryptocurrency. These individuals or entities can have a significant impact on the market due to their ability to buy or sell large amounts of coins at once. They are also known to have the ability to manipulate the market in their favor.
The market sentiment is too optimistic about the bullish trend, indicating that investors are trying to recover 2022 losses as much as possible before it is too late.
Since institutional investors are hoarding more cashes to prepare the worst, crypto seems work at the best.
However, whales are more cautious and unlikely to enter large positions until the economic indicators are clear.
The problem is that the market needs to include a critical point that the Fed still needs to do their increasing of the interest rate and dollar weakening is a short-term play.
The market will deteriorate faster than we expect to be. As a result, retail investors have to be very careful in managing their positions in crypto.
Whales are taking profits and patiently wait for another correction to come.
It will get worst before it gets better.
Photo by Todd Cravens on Unsplash
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