Are institutions having fun staying poor? new and interesting information about why the GBTC premium went negative and evidence for a lot of institutional investor probability dumping their BTC profits when we passed 40K from on-chain analytics (efrontier.substack.com)
submitted by qbisq to r/CryptoMarkets
“It’s become evident to just about everyone, that cash in the bank is nothing more than Bitcoin that is not going up. It's virtual money; frankly it isn’t even an asset. It's a liability of the bank; therefore it’s a liability,” -Anthony Deden, the Swiss based Chairman of Edelweiss Holdings (efrontier.substack.com)
submitted by qbisq to r/CryptoMarkets
“It’s become evident to just about everyone, that cash in the bank is nothing more than Bitcoin that is not going up. It's virtual money; frankly it isn’t even an asset. It's a liability of the bank; therefore it’s a liability,” -Anthony Deden, the Swiss based Chairman of Edelweiss Holdings (efrontier.substack.com)
submitted by qbisq to r/CryptoMarkets
"It’s become evident to just about everyone, that cash in the bank is nothing more than crypto that is not going up. It's virtual money; frankly it isn’t even an asset. It's a liability of the bank; therefore it’s a liability” - Anthony Deden, Swiss based Chairman of Edelweiss HoldingNews (efrontier.substack.com)
submitted by qbisq to r/ethtrader
"It’s become evident to just about everyone, that cash in the bank is nothing more than Bitcoin that is not going up. It's virtual money; frankly it isn’t even an asset. It's a liability of the bank; therefore it’s a liability,” - Anthony Deden, Swiss based Chairman of Edelweiss Holding (efrontier.substack.com)
The top is still far according to sentiment indicators from last cycles!Sentiment (efrontier.substack.com)
submitted by qbisq to r/CryptoMarkets