The exchange war has begun. The Binance CEO publicly dukes it out with the FTX co-founder as rumors of FTX and Alameda Research financial distress fly.
More announcements from public bitcoin miners on potential capitulation. Debt needs to be paid and cash is tight due to high hash rate and a low bitcoin price.
Miner capitulation is here. Core Scientific talks about potential bankruptcy, highlighting that cash resources will be depleted by the end of the year.
The bitcoin mining industry is under pressure as hash price reaches new lows, hash rate hits new all-time highs and the difficulty adjustment keeps going up.
Everyone is waiting for the next big breakout or breakdown before allocating again. Compressed historical volatility tells us that it’s right around the corner.
One of the most important factors in the market is liquidity. The global reduction in liquidity has sent asset classes to new lows and destroys wealth.
September’s CPI release comes in hot and sparks one of the most volatile days we’ve seen yet. The BM Pro team’s thoughts on where a bitcoin low price could be.
Central banks are trying to keep yields from exploding higher while they hike rates to fight inflation. Who will step in to buy bonds in current conditions?
WORLD CUP
