Why RFK’s idea of a Bitcoin-backed dollar is a monetary mirage
Why RFK’s idea of a Bitcoin-backed dollar is a monetary mirageCryptoSlate dives deep into RFK Jr.'s proposal to partially back the U.S. dollar with Bitcoin to explore its (un)feasibility.
Happy α Sunday 💪⛓️🚀Our Sunday newsletter is dedicated to the recent content from CryptoSlate Alpha, the web3 membership designed to empower you with cutting-edge insights and expert knowledge. Built on top of Access Protocol, Alpha is incredibly easy to join — you only need a Solana self-custody wallet and a small amount of ACS tokens to stake, which will grant you access to all research and reports. For more information, see more about CryptoSlate Alpha. α Weekly Report
Why RFK’s idea of a Bitcoin-backed dollar is a monetary mirageCryptoSlate dives deep into RFK Jr.'s proposal to partially back the U.S. dollar with Bitcoin to explore its (un)feasibility. α Weekly ResearchRising unrealized profits indicate a more optimistic Bitcoin marketBitcoin's growing NUPL has spent the majority of the year above the critical 0.25 ratio, indicating the market's growing optimism when it comes to Bitcoin's performance in the short-term. The Bitcoin futures contangoThe difference between the Bitcoin's spot price and the price of futures contracts that expire in 3 months is a valuable, but often overlooked indicator of market sentiment. α Top Insights
More α ResearchAn indecisive options market keeps Bitcoin flatBitcoin's future remains uncertain as divided derivatives market keeps BTC in a tight trading range. Sideways SOPR: A prelude to Bitcoin’s next big move?Discover how Bitcoin's SOPR data reveals potential for next significant price rally. Bitcoin miner revenue stabilizes as Inscriptions demand wanesThe normalization of miner revenue and the decrease in transaction fees suggest that the market has adjusted to the Inscriptions phenomenon.
|
Older messages
FTX planned to buy island of Nauru and build bunker in case of mass human extinction
Saturday, July 22, 2023
Current management called FTX members' past activities "misguided" and "dystopian."
NFT of Jack Dorsey’s first tweet, originally purchased for $2.9M, is worth less than $4 in today’s market
Friday, July 21, 2023
Crypto entrepreneur Sina Estavi's effort to sell the NFT since 2022 has been futile as the once-booming market fizzles.
Terraform Labs appoints Chris Amani as CEO to replace Do Kwon
Thursday, July 20, 2023
The firm behind TerraUSD and Luna has selected Chris Amani as its next leader.
Do Kwon, Sam Bankman-Fried, and Elon Musk among the high-profile crypto wallet bounties on Arkham’s Intel Exchange
Wednesday, July 19, 2023
The three individuals account for about $8000 of the total on-site bounties.
Ripple eyes US bank partnerships following SEC victory, as XRP volume surpasses Bitcoin
Tuesday, July 18, 2023
Ripple believes the legal clarity provided by its recent win against SEC could open doors for institutional interest in XRP.
You Might Also Like
Trump could put billions into US Bitcoin reserve without Congress approval
Friday, November 15, 2024
David Bailey suggests over $10 billion could be put into a reserve before needing to get Congress to approve funding. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
NFT & Gaming Weekly - 📈 OpenSea is set to undergo a revamp; McDonald's announced a collaboration with NFT brand D…
Friday, November 15, 2024
OpenSea is set to undergo a significant revamp. McDonald's announced a collaboration with NFT brand Doodles. Lamborghini launches Fast ForWorld Revuelto NFT mint. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
WuBlockchain Weekly: Bitcoin Market Cap Surpasses Silver, U.S. Advances Initiative to Include Bitcoin in Strategic…
Friday, November 15, 2024
As Bitcoin approaches $90000, its market capitalization has reached $1.751 trillion, surpassing silver's $1.734 trillion, placing it eighth among global assets by market value. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈 Solana outshines Ethereum with 123 million active addresses in October; Ethereum launches …
Friday, November 15, 2024
Solana outshines Ethereum with 123 million active addresses in October. Ethereum launches Mekong testnet to preview Pectra upgrade. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈 Solana outshines Ethereum with 123 million active addresses in October; Ethereum launches …
Friday, November 15, 2024
Solana outshines Ethereum with 123 million active addresses in October. Ethereum launches Mekong testnet to preview Pectra upgrade. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Interview with Qiao Wang: How to invest in PUMPFUN to get at least 1,000 times? Alliance's ultra-early stage inves…
Friday, November 15, 2024
In this interview, Qiao Wang, Alliance's co-founder and well-known crypto industry investor, shared his investment strategy in the Crypto field. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin breaks yet another all-time high, now testing $92,000
Friday, November 15, 2024
Global digital market cap reaches $3.02 trillion as Bitcoin dominates, up 117% YTD. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Welcome to the next era of Flipside
Friday, November 15, 2024
It's an upgrade we've all been waiting for. We've got a fresh look to reflect our business. Check it out now and explore the new look The instruments to measure blockchain growth have
Interview with Binance Chief Compliance Officer, Noah Perlman
Friday, November 15, 2024
Previously Noah Perlman worked for the cryptocurrency exchange Gemini as the Chief Compliance Officer and then as the Chief Operating Officer. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Reminder: Donald Trump Secures Victory As Ripple CEO Demands SEC Chair Be Replaced
Friday, November 15, 2024
We bring you the top stories in crypto every week! Stories like... Monday Nov 11, 2024 Sign Up Your Weekly Update On All Things Crypto TL;DR Donald Trump Secures Victory As Ripple CEO Demands SEC Chair