Bitcoin Faces Its True Test

Sep 27, 2023 | Chainletter |

The macro picture is as uncertain as it has been for some time, and markets look badly distorted. It’s an environment that will test bitcoin, but it will be transformational if it holds steady. In the broader crypto arena we see the first signs of price differentiation, suggesting the first shoots of spring after the crypto winter.

Technical analysis              Signs of life in a couple of smaller names
On-Chain                             Bitcoin fees turn up
Cryptoverse                        MakerDAO adjusts tokenomics, and a tale of hypocrisy
Macro                                  As the endgame approaches, bitcoin faces a true test
CryptoTutor                        Passive income part 2. Lending.

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