Long-term Investors HODL as Potential Catalysts Approach
Sep 29, 2021
• 13
Min Read
Key Takeaways
China FUD causes crypto markets to sell-off for the second week in a row. We take a deeper dive to understand the broader implications (or lack thereof) of the most recent regulatory crackdown announced by Beijing.Leverage and funding rates are trending lower, signaling uncertainty among short-term market participants.Despite recent volatility, HODLers continue to accumulate bitcoins, leading to an increasingly illiquid bitcoin supply.The Lightning Network allows Bitcoin to gain adoption as a global currency while saving consumers and merchants billions in annual costs.Seasonal tr...