Thanks for your feedback on today’s issue. Sounds like we had an off day, and we’re sorry it wasn’t up to par. We appreciate your input and hope you’ll give us another shot in our next issue.
We’ll see you there!
Thanks for your feedback on today’s issue. Sounds like we had an off day, and we’re sorry it wasn’t up to par. We appreciate your input and hope you’ll give us another shot in our next issue.
We’ll see you there!
Cardano’s DeFi ecosystem is set to receive a significant boost with the integration of Spectrum Finance, a cross-chain decentralized exchange (DEX). π§
We go live on #Cardano on 24th Jul 2023. pic.twitter.com/IYIIjAV82W
The Good
We’re revisiting the NZDCAD pair from a few weeks ago.Β
Bitcoin’s hash rate has been on a tear, with a staggering 600% increase in just two years. π²
The hash rate, which measures the processing power of $BTC‘s network, has been on a steady upward trajectory, indicating a robust and healthy network. This increase is a testament to the growing number of miners joining the network, despite the market’s volatility.
Relative Rotation Graphs (RRG) help us visualize how a currency or sector performs compared to a benchmark – in this case, the U.S. Dollar Index (DXY). Think of the four colored sectors as stages in a race:
Leading Quadrant (green) – You’re a champ! π You’re ahead of everyone else, and the crowd is cheering. But watch out; you might be overdoing it.
Weakening Quadrant (yellow) – You’re slowing down π and losing your lead. Maybe you’re a bit demoralized because your biggest fan didn’t show up. You’re now in the middle of the pack.
Lagging Quadrant (red) – Disaster strikes! π± You’re injured, exhausted, or just made a big mistake. You’re now in last place, and it’s a sad scene.
Improving Quadrant (blue) – Time for a comeback! πͺ Your motivation returns, the music swells, and you’re picking up speed. You’re back in the middle, catching up with the leaders.