Deflation

According to reports, according to ultra sound. money data, Ethereum\’s circulation has decreased by over 132100 units since its merger, and the current 7-day annualized deflation r

According to reports, according to ultra sound. money data, Ethereum\’s circulation has decreased by over 132100 units since its merger, and the current 7-day annualized deflation r

On March 17th, Arthur Hayes, the founder of BitMEX, wrote that the Federal Reserve’s Bank Term Financing Plan (BTFP) had undertaken quantitative easing of $4.4 trillion in another way, even exceeding the $4.189 trillion printed in response to the COVID crisis. Although the BTFP plan is mandated to last only one year, it will almost certainly be extended preventively. The Federal Reserve is expected to either start cutting interest rates at its upcoming March meeting or a severe recession in a few months will force it to turn. Since the outbreak of the banking crisis, the yield on two-year Treasury bills has fallen by more than 100 basis points. The market is crying out for deflation supported by the banking system, and the Federal Reserve will eventually listen to the market. In this banking crisis, cryptocurrency has once again proven to be a stinky, wasteful, smoke alarm for the legal tender driven Western financial system. Founder of BitMEX: BTFP plans…

According to the report, according to the Ultrasound. oney browser, at present, more than 2.9 million pieces have been destroyed in the Ethereum network, and t…