gm: Meet the Brain Behind Avalanche
gm from Decrypt
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Is the Fed Changing Its Mode?
I didn't understand just how much money can come in or out of the system based on an announcement from the Fed. So they tend to sell crypto off and keep their holdings in cash. They get a pretty sizable return, even if they hold it in treasuries, they get 4%. And so they tend to be off and have money on the sidelines. When the macro condition changes, I think it's going to be a nice bull run.
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