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ROLLUP: Memecoin Frenzy | BRC-20 Tokens | Brad Sherman
Bankless
Crypto Markets Need Liquidity
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This may be the apathy market I was talking about earlier. What is this showing us here? Yeah. So this is a graph of liquidity in the market, which is the blue line. And you can see some events that have happened recently. The bank failure was followed by a large decline in liquidity of finance in Bitcoin to tethered liquidity. Then followed by the finance CFTC charge and then also a finance bot fees increase are what's indicated here. But really it was the Silvergate bank. This is largely tradfi, the crypto banks as who call them, Gary Gensler called them the crypto banks. Even though we use crypto banks to call itCoinbase and Kraken.
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