Two major crypto exchanges have frozen withdrawals. Kerrrash.
thanks, matt Damon.
Haha I know. It’s awesome isn’t it? Remember when they would tease us to have fun staying poor, adapt to the new future, OR be left out ? This is called a form of front running and would be illegal in regulated markets
crypto doesn’t have the fiat backing to cover its positions so they have no choice but to freeze as number drops…the whole thing is a fraud. (The fiat to pay out on the exchanges comes from new users)
Haha I know. It’s awesome isn’t it? Remember when they would tease us to have fun staying poor, adapt to the new future, OR be left out ? This is called a form of front running and would be illegal in regulated markets
crypto doesn’t have the fiat backing to cover its positions so they have no choice but to freeze as number drops…the whole thing is a fraud. (The fiat to pay out on the exchanges comes from new users)
The future is crunk….we’re going to The League……🥺
ROFL 🤣 didn’t something like 1 in 4 millennial/GenZ have retirement money in shtcoins?
CNBC advertising dollars made them write crud like this just 4-5mos ago
Bitcoin is down nearly 4% in the last 1 hour and 17% in last 24hrs
is it really a “store of value?”
they told me to HFSP/HFBP
Two major crypto exchanges have frozen withdrawals. Kerrrash.
thanks, matt Damon.
Binance has lifted the freeze and it was only for BTC, they didn't freeze all withdrawals like Celsius did. They have done this in the past while the market was hot too, it just sounds like their servers suck.
As the cryptocurrency market reaches all time high retail interest, exchange giant Binance has announced a temporary suspension of services for maintenance on its platform.
My best guess is that we wander around for a couple weeks, generally down, until June 30 when the PCE comes out. We’ll probably be up or down 3-4% on June 30.
I don’t think anyone living will see a period like this for bonds again. Investment quality corp bonds are down 20% in 6 months. That’s ridiculous.
My best guess is that we wander around for a couple weeks, generally down, until June 30 when the PCE comes out. We’ll probably be up or down 3-4% on June 30.
I don’t think anyone living will see a period like this for bonds again. Investment quality corp bonds are down 20% in 6 months. That’s ridiculous.
That’s what you get when politicians and bureaucrats do stupid stuff.
My best guess is that we wander around for a couple weeks, generally down, until June 30 when the PCE comes out. We’ll probably be up or down 3-4% on June 30.
I don’t think anyone living will see a period like this for bonds again. Investment quality corp bonds are down 20% in 6 months. That’s ridiculous.
and also end of 2Q rebalancing will move hundreds of billions into stocks over the next couple of weeks. that will help repair, if temporarily.