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Meanwhile, the realm of on-chain RWAs dances above the $20 billion threshold on April 9, led chiefly by tokenized private credit, which took home $12.7 billion of total value. Forsooth, the numbers do tell a story! 📊💸
Now, some wise sages predict that, as Bitcoin languishes in a daze, RWAs might leap to a $50 billion pinnacle by the end of 2025. Oh, the temptation! How alluring liquidity can be! 💦
Tariffs: The Puppet Strings of a Bargaining Game 🎭
Yet, do not despair; analysts at Bitfinex remind us that the tariff increases may be but fleeting shadows in a grand negotiating tableau. “Stay calm!” they say. “This is just a game to get folks to lower the tariffs on good ol’ American goods.”
Raoul Pal, the oracle of Global Macro Investor, posits that the entire charade may be mere posturing for an elusive agreement with China. How deliciously dramatic! The tone of negotiations, they say, may very well dictate the fate of risk assets— cryptos once again peering over the edge of the chasm of fate, with a 70% chance of bouncing back by June 2025. Hold onto your hats! 🎩
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2025-04-10 17:41