Bankless

ROLLUP: Biden’s Crypto Executive Order | Sanctions & Commodities | Coinbase & MetaMask | Bear Watch?!

Mar 10, 2022
This discussion dives into the impact of Biden's executive order on cryptocurrencies, revealing market reactions and Ethereum's price drop amid Bitcoin's rise. The show also explores Ukraine's innovative use of crypto for military funding, the implications of sanctions on exchanges, and the evolving landscape of health insurance for self-sovereign workers. Additionally, insights into the latest innovations like Starknet and the Ledger Nano S Plus add depth, while strategies for navigating bear markets emphasize patience and smart decision-making.
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INSIGHT

ETH/BTC Ratio as Risk Indicator

  • The ETH/BTC ratio is a proxy for risk appetite in crypto.
  • A rising ratio indicates a bull market, while a declining ratio suggests bearish sentiment.
INSIGHT

Commodity Crisis and Recession Risk

  • High commodity prices, if sustained, can disrupt businesses and trigger recessions.
  • A 50% increase in crude oil prices has historically always triggered a recession.
ADVICE

Investing in Commodities

  • Consider holding commodities during times of uncertainty and chaos in the 2020s.
  • Digital commodities like ETH and BTC are different from physical commodities.
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