Crypto Chronicles:Table of Wolves

1-Arthur Hayes: Bitcoin may surge as Chinese investors hedge against yuan drop

Bitcoin has been a significant market in China, where individuals have been purchasing it as a hedge against the yuan. During the year 2013, Bitcoin gained popularity in China as a result of concerns over the People's Bank of China's potential to relax monetary policy. When compared to the current value of 7.31, the yuan was 6.12 per dollar.

The yuan was devalued by roughly three percent in a single day by the central bank in August of 2015 in an effort to stimulate exports and GDP. By November, the price of bitcoin had moved from $200 to $500. These illustrations illustrate how changes in monetary policy may have an effect on the demand for bitcoin.

Besides Bitcoin, Chinese investors have access to a variety of different inflation hedges. Due to the fact that the price of gold has been steadily increasing throughout the year, a lot of people are purchasing it. In addition, the lack of clarity in the law and the stringent regulations may discourage a large number of average people from acquiring Bitcoin.

2-After optimistic Ripple announcement, XRP develops doji, gains soon fade

With a twenty percent increase from this week's low, Ripple tested the important resistance level of two dollars. It is still 43 percent below the top for this year.

A prediction made by Standard Chartered that XRP would go from $2 to $12 in four years was the first significant piece of XRP news. The value of Ripple on the market would increase from $113 billion to roughly $600 billion if supply stayed unchanged.

Ripple's increasing impact on SWIFT-dominated international financial transactions was seen by analysts. Ripple draws attention to the fact that their solution is open, quick, and inexpensive. On average, a SWIFT transaction would cost between $20 and $50, but Ripple transactions will cost less than $1. Compared to Ripple transactions, which are instantaneous, SWIFT transfers take a lengthier amount of time.

The Chief Executive Officer of Ripple, Brad Garlingouse, said in a recent interview that the SEC lawsuit was resolved with further ties with American companies. Throughout the whole of the case, the majority of these businesses chose to ignore Ripple and instead formed partnerships with global organizations.

The development of Ripple's stablecoin was also brought to the attention of Standard Chartered. A market value of about $300 million is associated with RLUSD. Since last week, Ripple has expanded its payment network to include RLUSD.

An other significant event was the purchase of Hidden Road by Ripple for a total of $1.25 billion. It is anticipated that Ripple would expand its institutional reach with the acquisition of Hidden Road's clients.

3-One of the worst traders in history may be Michael Saylor

Melker lowered Saylor's trading abilities in order to emphasize the fact that he was unable to accurately time the market. Let's begin with the most important item.

Since April 8th, Strategy has around 528 thousand bitcoins. Melker discovered that twenty percent of Strategy's massive Bitcoin purchases were made at prices that were higher than ninety thousand dollars. On the other hand, the average price over the course of four and a half years was sixty-seven thousand dollars, which is just ten thousand dollars lower than the current price.

Saylor, according to Melker, only bought dips on three of the nine Bitcoin transactions that took place in 2025, while the other transactions were high. Additionally, Melker notes that Saylor made a buy of "only" 130 bitcoins in one of these three occasions of minor BTC purchase, which is far lower than his typical purchase of thousands of bitcoins. In this instance, strategy did not save much.

All of this suggests Saylor is a novice when it comes to buying more Bitcoin. Strategy's investment may not have grown as much as expected in 4.5+ years. Bitcoins are acquired by growing Strategy's debt, thus Saylor may look dumb.

References

https://crypto.news/xrp-price-forms-doji-after-bullish-ripple-news-gains-to-be-short-lived/

https://crypto.news/the-wolf-of-all-streets-saylor-one-of-the-worst-traders/

https://crypto.news/arthur-hayes-bitcoin-may-surge-as-chinese-investors-hedge-against-yuan-drop/