теперь в этом чате будет чаще
ордера по имбалансам расставлены
играться буду 25 процентами депозита
не знаю спасет ли меня это - но нужно
ордера по имбалансам расставлены
играться буду 25 процентами депозита
не знаю спасет ли меня это - но нужно
❤4
Forwarded from Crypto Narratives
Basically sold $200M worth of MSTR shares, and then used $100M to buy BTC and $100M to top up the USD reserve
Almost as if they hadn't done anything tbh
Almost as if they hadn't done anything tbh
Сейчас посмотрю, что реально фиксировалось по проекту за эту неделю: git-коммиты, документы, marketing/wedding материалы и свежие отчётные файлы. Потом соберу честную картину: что можно включить в weekly report, какие часы выглядят нормально, и что ещё можно быстро доделать без натягивания совы на глобус.
Forwarded from Frens Market Feeds
Spot Bitcoin ETFs See $696M Net Outflow on June 25, Extending Outflow Streak to Six Days
On June 25 (ET), spot Bitcoin ETFs recorded a total net outflow of $696 million, marking six consecutive days of net outflows. Spot Ethereum ETFs recorded a total net outflow of $81.8651 million, also marking six consecutive days of net outflows. — link
On June 25 (ET), spot Bitcoin ETFs recorded a total net outflow of $696 million, marking six consecutive days of net outflows. Spot Ethereum ETFs recorded a total net outflow of $81.8651 million, also marking six consecutive days of net outflows. — link
Forwarded from Crypto Narratives
The reason STRC is arguably a flawed instrument is also the reason it was able to attract $7bn in 3 months
By having a pref that is supposed to trade at $100 and with a "variable" but extremely slow adjusting yield (set by Saylor and not directly by the market forces), Strategy has been able to gather a ton of volume and demand to an instrument that didn't have a clear equilibrium level at $100, but was 'forced' there
The other prefs are much better designed assets because the market sets their yield instantly by repricing them. Saylor was able to get $7bn of 'inorganic' inflows in STRC that he wouldn't have gotten in STRF for example, because the price of STRF would have automatically gotten pushed down way more than STRC and its artificial peg at $100
Now the market has to absorb all of this 'excessive leverage' that has been taken by Strategy, one way or another. It's interesting to notice how incredibly ruthless the market is, Saylor took two stupid decisions in a row (buying $2bn of BTC at the highs with the STRC money and then retiring the converts with the USD reserve), and the reaction has been immediate: $MSTR has dumped -55% in what's been just a bit more than a month.
By having a pref that is supposed to trade at $100 and with a "variable" but extremely slow adjusting yield (set by Saylor and not directly by the market forces), Strategy has been able to gather a ton of volume and demand to an instrument that didn't have a clear equilibrium level at $100, but was 'forced' there
The other prefs are much better designed assets because the market sets their yield instantly by repricing them. Saylor was able to get $7bn of 'inorganic' inflows in STRC that he wouldn't have gotten in STRF for example, because the price of STRF would have automatically gotten pushed down way more than STRC and its artificial peg at $100
Now the market has to absorb all of this 'excessive leverage' that has been taken by Strategy, one way or another. It's interesting to notice how incredibly ruthless the market is, Saylor took two stupid decisions in a row (buying $2bn of BTC at the highs with the STRC money and then retiring the converts with the USD reserve), and the reaction has been immediate: $MSTR has dumped -55% in what's been just a bit more than a month.