China could approve additional $1.4 trillion in debt to boost economy next week

Very interesting take here. China’s struggling economy needs additional liquidity. A boost of that size could have positive effects for risk assets, including cryptocurrencies.

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Do you think this boost could really support cryptocurrencies as risk assets?

I think it’s another option. Their stock market has seen some nice rallies. But too much into a single asset class can be dangerous. Real estate isn’t what it used to be. Crypto is on the ascendancy given all the advancements in creating investment vehicles for the non-crypto bros here in the US (already in Europe) to get exposure to bitcoin and Ethereum indirectly.

And now with the Trump win and potential tariffs, I think the crypto markets are primed for a big move up.

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It’ll be interesting to see how tariffs and policy changes shape the market

Here’s some news from Italy

Italian lawmakers urge government to scale back crypto, web tax plans

https://www.reuters.com/world/europe/italian-lawmakers-urge-government-scale-back-crypto-web-tax-plans-2024-11-19/