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Everything is going according to plan

Bitcoin loves money printer go brrr... Bitcoin has not broken through the $25k resistance, hopefully today or tomorrow

Prolly nothing...

¯\_(ツ)_/¯ Caitlyn Long has her own bank. Literally

The Fed's financing will be made available through the creation of a new Bank Term Funding Program (BTFP), offering loans of up to one year to banks, savings associations, and credit unions pledging U.S. Treasuries, agency debt and mortgage-backed securities, and other qualifying assets as...

Yes

HSBC overpaid for SVB UK HSBC (HSBA.L) said on Monday it is acquiring the UK subsidiary of stricken Silicon Valley Bank for 1 pound https://www.reuters.com/markets/deals/hsbc-says-it-has-acquired-silicon-valley-bank-uk-2023-03-13/

Buying bonds which are at historical low yields is not conservative even if they are "risk-free" Anyway, countries stopped buying US Treasuries so the Fed encouraged the banks to buy them Then last year, the Fed performed what we term in the cryptos ecosystem as a "rug-pull" when the Fed...

Today is 3/12/2023 and the cryptos bull market is back nfa

SVB and SBNY just got bailed out today. A reminder... Financial regulators said Sunday night depositors of the failed Silicon Valley Bank will have access to all of their money starting Monday, March 13, while announcing new facilities to backstop deposit withdrawals across the banking...

I love the Fed's action to bail out the banks. It is a great thing, and please I want to be clear that I am not being sarcastic This is the crypto assets forum and the Fed's action is extremely beneficial for us, NGU Everyone else who does not benefit from this... I'm sorry

Oh boy... in my world, unlimited money printing is bullish, not bearish The Fed and their cohorts just told you they will backstop all the banks, forget the FDIC $250k protection limits I'm sofa king bullish I just told you I predict bitcoin will hit $30k this coming week but most importantly...

Unlimited money for everyone, what could possibly go wrong?

I predict bitcoin hits $30k this coming week

Pandora's box has been opened. I do not think they can put the genie back in the bottle... The internet is a funny thing, this HTM stuff has propagated out there If you're one of the people that lost access to your funds last Friday, if you're one of the companies that missed payroll last...

I'm going to assume you're long and not short :rolleyes: When they did the bailout today letting everyone know that they will have full access to all their funds at SVB and SBNY and all the banks, do you not consider that as printing, money printer goes brrr? They can continue raising rates...

I believe if the Fed starts printing again and stops the QT and rate hikes that bitcoin will exceed $100k this year Not straight up, of course, with ups and downs, but yea, bull market in all markets You have a position or not yet?

Ok, I'm noticing a pattern... Silvergate, Silicon Valley Bank and now Signature Bank...

Some people on Discord were loading up on USDC at below 90 cents... Imagine buying US $ for more than 10% discount? US cbdc is not ready for a while... btw, holding USDC is much safer than holding your $ deposits at SVB, and you have access to USDC 24/7/365 unlike, well, you know