UST Resumes Spiral After Quiet Day Orbiting 90 Cents
TerraUSD fell below $0.90 late Tuesday after 12 hours of relatively stable price action. Original Source
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Quiet
America’s Quiet Default
While not as dramatic as the Nixon shock, the Biden sanction was just as genuine a default. U.S. Treasurys in the post-1971 era were the global risk-free asset, used by friends and enemies alike to reliably store value. Rug-pulling the Russians, even if warranted, introduced for the first time genuine
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Bitcoin Whales Were Active on Coinbase Amidst a Quiet Holiday Week
But following the big buys, both large buy and sell orders for bitcoin were placed on Coinbase right before the expiry of bitcoin’s options contract on Dec. 31. On Jan. 1, on the other hand, sell orders with more than five bitcoin dominated Coinbase’s BTC/USD trading pair volume. These large
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