-
BTC 67,028.02 (-0.14%) -
ARS 1,107.40 (+0.63%) -
ETH 3,110.98 (-0.16%) -
SOL 177.97 (+2.22%) -
PEPE <0.01 (-0.63%) -
WIF 2.68 (+3.03%) -
BONK <0.01 (-5.64%) -
DOGE 0.15 (-2.04%) -
RUNE 6.94 (+3.03%) -
LINK 16.92 (+2.14%) -
FTM 0.84 (-6.53%) -
RNDR 10.31 (-1.77%) -
XRP 0.51 (-1.71%) -
BOME 0.01 (-1.77%) -
NEAR 8.07 (+1.96%) -
CREAM 76.01 (+32.45%) -
ENA 0.72 (-3.23%) -
ORDI 40.29 (-2.35%) -
PYTH 0.39 (-9.74%) -
FLOKI <0.01 (-3.74%) -
AVAX 36.26 (-2.11%) -
PEOPLE 0.04 (+0.05%) -
WLD 4.83 (-2.64%) -
ICP 12.68 (-3.74%) -
AR 48.85 (+3.28%) -
FIL 5.62 (-4.51%) -
BCH 486.40 (-1.32%) -
PENDLE 5.21 (+5.63%)
Rising M2 money supply will see crypto become Super Massive Black Hole Raoul Pal
Published: 2023-10-31
1. Main topic: Rising M2 Supply The article discusses the phenomenon of the rising M2 supply and its potential impact on global financial markets. M2 supply refers to the measure of money supply that includes cash,checking deposits,savings deposits,and other highly liquid assets. The author highlights the unprecedented increase in M2 supply as a result of government stimulus programs in response to the COVID-19 pandemic. This surge in money supply has raised concerns about potential inflationary pressures and the depreciation of fiat currencies. The author suggests that the rising M2 supply could further drive interest in cryptocurrencies as an alternative store of value.
2. Main topic: Crypto as a "Supermassive Black Hole" The article explores the author's analogy of cryptocurrencies as a "supermassive black hole" in the financial universe. The author argues that the increasing adoption and mainstream acceptance of cryptocurrencies,particularly Bitcoin,has created a gravity well that is attracting more investors and funds within the crypto space. This influx of capital is not only driving up the prices of cryptocurrencies but also engulfing traditional financial assets such as stocks,bonds,and gold. The author speculates that this trend could continue,further strengthening the position of cryptocurrencies as a dominant force in the global financial system.
3. Main topic: Raoul Pal's Insights The article prominently features the insights of Raoul Pal,a highly regarded macroeconomic strategist and founder of Real Vision Group. Pal believes that the current global economic landscape,characterized by rising debt levels and negative interest rates,presents a unique opportunity for cryptocurrencies. He argues that the traditional financial system is on the verge of a breakdown,and cryptocurrencies offer a viable alternative for preserving wealth in an uncertain future. Pal's analysis and predictions have gained significant attention,and his endorsement of cryptocurrencies adds to the credibility and legitimacy of the industry. Overall,the article delves into the rising M2 supply,the growing influence of cryptocurrencies,and Raoul Pal's perspectives on the future of finance. These three main topics offer valuable insights into the current state and potential trajectory of the global financial system,particularly within the context of the ongoing Bitcoin and cryptocurrency boom.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | BTC |
67,028.02 | 1,390,498,513.02 |
| 2 | ARS |
1,107.40 | 798,633,252.20 |
| 3 | ETH |
3,110.98 | 683,273,204.03 |
| 4 | SOL |
177.97 | 603,617,381.24 |
| 5 | PEPE |
<0.01 | 213,005,424.17 |
| 6 | WIF |
2.68 | 161,379,156.51 |
| 7 | BONK |
<0.01 | 126,415,207.31 |
| 8 | DOGE |
0.15 | 122,232,111.25 |
| 9 | RUNE |
6.94 | 98,511,417.74 |
| 10 | LINK |
16.92 | 95,020,338.27 |
| 11 | FTM |
0.84 | 77,150,461.57 |
| 12 | RNDR |
10.31 | 76,662,511.46 |
| 13 | XRP |
0.51 | 75,963,283.81 |
| 14 | BOME |
0.01 | 75,704,697.38 |
| 15 | NEAR |
8.07 | 74,850,972.42 |
| 16 | CREAM |
76.01 | 67,292,554.74 |
| 17 | ENA |
0.72 | 56,167,733.59 |
| 18 | ORDI |
40.29 | 54,298,445.90 |
| 19 | PYTH |
0.39 | 49,936,676.37 |
| 20 | FLOKI |
<0.01 | 48,811,469.19 |
| 21 | AVAX |
36.26 | 46,040,623.41 |
| 22 | PEOPLE |
0.04 | 44,685,942.56 |
| 23 | WLD |
4.83 | 39,521,657.71 |
| 24 | ICP |
12.68 | 36,507,482.21 |
| 25 | AR |
48.85 | 34,694,932.37 |
| 26 | FIL |
5.62 | 33,086,281.42 |
| 27 | BCH |
486.40 | 32,406,826.67 |
| 28 | PENDLE |
5.21 | 31,921,289.12 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 | CREAM |
76.01 | +32.45 |
| 2 |  FARM |
77.28 | +15.57 |
| 3 |  UNFI |
4.55 | +12.22 |
| 4 |  PHA |
0.20 | +9.68 |
| 5 |  BNX |
1.06 | +6.59 |
| 6 |  OOKI |
<0.01 | +5.72 |
| 7 | PENDLE |
5.21 | +5.63 |
| 8 | AR |
48.85 | +3.28 |
| 9 |  VIC |
0.45 | +3.26 |
| 10 | RUNE |
6.94 | +3.03 |
| 11 | WIF |
2.68 | +3.03 |
| 12 |  LDO |
1.77 | +2.49 |
| 13 |  BICO |
0.53 | +2.42 |
| 14 | SOL |
177.97 | +2.22 |
| 15 |  GNO |
307.40 | +2.16 |
| 16 | LINK |
16.92 | +2.14 |
| 17 |  THETA |
2.24 | +2.10 |
| 18 | NEAR |
8.07 | +1.96 |
| 19 |  ARK |
0.83 | +1.92 |
| 20 |  IRIS |
0.02 | +1.55 |
| 21 |  HIGH |
4.45 | +1.37 |
| 22 |  ARKM |
2.43 | +1.21 |
| 23 |  PAXG |
2,414.00 | +1.13 |
| 24 |  MANA |
0.44 | +0.80 |
| 25 |  CHR |
0.34 | +0.73 |
| 26 |  RAY |
1.90 | +0.68 |
| 27 |  INJ |
25.11 | +0.64 |
| 28 |  BEAMX |
0.03 | +0.59 |
| 29 |  FIRO |
1.70 | +0.47 |
| 30 |  REQ |
0.13 | +0.46 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 |  BLZ |
0.28 | -10.42 |
| 2 | PYTH |
0.39 | -9.74 |
| 3 |  CITY |
3.10 | -8.60 |
| 4 |  MANTA |
1.44 | -8.47 |
| 5 |  PORTAL |
0.73 | -7.85 |
| 6 |  DIA |
0.46 | -7.81 |
| 7 |  TNSR |
0.82 | -7.63 |
| 8 |  ACE |
4.50 | -7.38 |
| 9 |  SAGA |
2.03 | -7.35 |
| 10 |  ZRX |
0.55 | -7.15 |
| 11 |  BETA |
0.07 | -6.95 |
| 12 |  LSK |
1.74 | -6.94 |
| 13 | FTM |
0.84 | -6.53 |
| 14 |  TIA |
8.82 | -6.47 |
| 15 |  FOR |
0.02 | -6.05 |
| 16 |  OMNI |
13.81 | -5.99 |
| 17 |  ALCX |
23.66 | -5.78 |
| 18 |  AUCTION |
13.77 | -5.69 |
| 19 | BONK |
<0.01 | -5.64 |
| 20 |  PIXEL |
0.34 | -5.34 |
| 21 |  YGG |
0.86 | -5.18 |
| 22 |  REZ |
0.10 | -5.03 |
| 23 |  KSM |
29.11 | -4.96 |
| 24 |  XEC |
<0.01 | -4.96 |
| 25 |  DCR |
19.52 | -4.87 |
| 26 |  1000SATS |
<0.01 | -4.86 |
| 27 |  ACH |
0.03 | -4.85 |
| 28 |  XAI |
0.60 | -4.77 |
| 29 |  GALA |
0.04 | -4.61 |
| 30 |  MEME |
0.02 | -4.56 |
Bitcoin's Greed and Fear Index.
?70
Greed
Global CryptoCurrency News
?(See more news ...)
US news that has a significant impact on the market
| at | news | day | date | time |
|---|---|---|---|---|
| 1 | FOMC Member Bostic Speaks | Monday | 20-05-2024 | 12:30 |
| 2 | FOMC Member Bostic Speaks | Monday | 20-05-2024 | 13:45 |
| 3 | FOMC Member Waller Speaks | Monday | 20-05-2024 | 14:00 |
| 4 | FOMC Member Barr Speaks | Monday | 20-05-2024 | 14:00 |
| 5 | FOMC Member Jefferson Speaks | Monday | 20-05-2024 | 15:30 |
| 6 | FOMC Member Mester Speaks | Monday | 20-05-2024 | 19:00 |
| 7 | Treasury Sec Yellen Speaks | Tuesday | 21-05-2024 | 09:00 |
| 8 | FOMC Member Waller Speaks | Tuesday | 21-05-2024 | 14:00 |
| 9 | FOMC Member Barkin Speaks | Tuesday | 21-05-2024 | 14:00 |
| 10 | FOMC Member Williams Speaks | Tuesday | 21-05-2024 | 14:05 |
| 11 | FOMC Member Bostic Speaks | Tuesday | 21-05-2024 | 14:10 |
| 12 | FOMC Member Barr Speaks | Tuesday | 21-05-2024 | 16:45 |
| 13 | FOMC Member Mester Speaks | Wednesday | 22-05-2024 | 00:00 |
| 14 | Existing Home Sales | Wednesday | 22-05-2024 | 15:00 |
| 15 | Crude Oil Inventories | Wednesday | 22-05-2024 | 15:30 |
| 16 | FOMC Meeting Minutes | Wednesday | 22-05-2024 | 19:00 |
| 17 | Unemployment Claims | Thursday | 23-05-2024 | 13:30 |
| 18 | Flash Manufacturing PMI | Thursday | 23-05-2024 | 14:45 |
| 19 | Flash Services PMI | Thursday | 23-05-2024 | 14:45 |
| 20 | New Home Sales | Thursday | 23-05-2024 | 15:00 |
| 21 | Natural Gas Storage | Thursday | 23-05-2024 | 15:30 |
| 22 | FOMC Member Bostic Speaks | Thursday | 23-05-2024 | 20:00 |
| 23 | Core Durable Goods Orders m/m | Friday | 24-05-2024 | 13:30 |
| 24 | Durable Goods Orders m/m | Friday | 24-05-2024 | 13:30 |
| 25 | FOMC Member Waller Speaks | Friday | 24-05-2024 | 14:35 |
| 26 | Revised UoM Consumer Sentiment | Friday | 24-05-2024 | 15:00 |
| 27 | Revised UoM Inflation Expectations | Friday | 24-05-2024 | 15:00 |
