Published in Coinmonks·6 hours ago1st Celestial Empire + 3rd Rome = ?The relations between the “Celestial Empire” and Russia, which is twice the size of China (9.6 million km²) but has only one-tenth its population (1.4 million) and GDP (19.9 trillion), have always been quite complicated, to say the least. On the one hand, the history of Sino-Russia relations consists of…Bitcoin3 min readBitcoin3 min read
Published in Coinmonks·4 days agoSVET Markets Weekly Update (March 13–18, 2023)Week 11 provided an epic illustration of everything that is wrong with CeFi, crowned by empty rhetoric that scapegoats technological entrepreneurs and cryptocurrencies. It is very encouraging to see that BTC added 31 percent, going from 20455 to 26834, despite the growing rejections of innovations from part of elderly politicians…Bictoin6 min readBictoin6 min read
Published in Coinmonks·Mar 15SVB “Squeeze”The situation with SVB is a direct result of the Federal Reserve’s reckless policy of hiking rates at a historically unprecedented speed. As the inter-bank rate increased, Treasuries, municipal bonds, and mortgage-backed securities that SVB held on its balance sheet, totaling over $117 billion USD (with total assets of $205.2…Bitcoin3 min readBitcoin3 min read
Published in Coinmonks·Mar 12Macro and CryptoI do not have a crystal ball, of course. Nonetheless, it looks like we won’t have the “simple fundamental trend” in both the macroeconomics and in the crypto industry for quite some time in the future. On the surface, the macroeconomic situation we have gotten ourselves into is reminiscent of…Bitcoin4 min readBitcoin4 min read
Published in Coinmonks·Mar 10SVET Markets Weekly Update (March 6–10, 2023)Week 10 was characterized by the slogan ‘Fundamentals against the Fed,’ with Powell pivoting on the spot and threatening markets with longer and heavier rate burdens. Ironically, during the same week, both the banking and political systems sent him early warning messages, delivered by two unlikely companions — Elizabeth Warren…Bitcoin5 min readBitcoin5 min read
Published in Coinmonks·Mar 6SVET Markets Weekly Update (Feb 27 — March 3, 2023)Week 9, which was characterized by neutral to, questionably, positive fundamentals, was not much different from the previous one for both stock and crypto traders on the volatility side. …Bitcoin4 min readBitcoin4 min read
Feb 24SVET Markets Weekly Update (Feb 21–24, 2023)Week 8 turned out to be volatile and bearish-leaning, as expected. NASDAQ reduced by -2.1 percent (opening at 11640 and closing at 11394), and BTC slipped by -4.7 percent (opening at 24272 and closing at 23127). …Bitcoin5 min readBitcoin5 min read
Published in Coinmonks·Feb 18SVET Markets Weekly Update (Feb 13–17, 2023)Week 8 developed as anticipated on the NASDAQ side, with the opening at 11,759 and closing at 11,787. Traders found themselves in a state of indecision due to contradictory fundamentals. …Bitcoin5 min readBitcoin5 min read
Published in Coinmonks·Feb 11SVET Markets Weekly Update (Feb 6–10, 2023)This week, NASDAQ saw a decline of 1.5 percent with its opening value of 11904 and closing of 11718. Meanwhile, BTC decreased by 5.3 percent from its opening of 22932 five days ago to its closing of 21724. …Bitcoin5 min readBitcoin5 min read
Published in Coinmonks·Feb 9The Cost of a China-US Conflict.What is the estimated cost of a non-nuclear war between China and the United States? During World War 2, the size of military expenditure in the US federal budget was significant. In 1940, prior to the US entering the war, military spending was approximately 1.9 billion dollars, which was approximately…Bictoin3 min readBictoin3 min read
