"Coinbase's debt is selling off into the stratosphere.
It yields 14.3% and climbing, which is 1.75x higher than the 8.1% most of America's junk corporations have to borrow at.
The market is saying that Coinbase is 620 bps riskier than junk."
- Joe Consorti
It yields 14.3% and climbing, which is 1.75x higher than the 8.1% most of America's junk corporations have to borrow at.
The market is saying that Coinbase is 620 bps riskier than junk."
- Joe Consorti
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Next couple of days will be anything but short of news so buckle up!
Oh and take your coins off of exchanges, please.
Oh and take your coins off of exchanges, please.
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๐ต๐ช Local businesses are growing in the small village of Quebrada Verde, Peru, thanks to a new #Bitcoin circular economy.
This community is isolated and excluded from the traditional financial system, but thankfully, Bitcoin solves this.
This community is isolated and excluded from the traditional financial system, but thankfully, Bitcoin solves this.
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"Of all combined exchanges, yesterday was the second largest #Bitcoin outflow, 15k #BTC.
Currently, 2.292M #BTC sit on exchanges, now only 8K BTC away from where we were at the start of the year but 60% higher in price.
Three consecutive days of outflows."
- James V. Straten
Currently, 2.292M #BTC sit on exchanges, now only 8K BTC away from where we were at the start of the year but 60% higher in price.
Three consecutive days of outflows."
- James V. Straten
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