Survival Has Come Into Style

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Most digital (and traditional) assets are still against the ropes in this exceedingly unfriendly macroeconomic environment. The US Federal Reserve (the Fed) continues to raise rates in increments – 75bps and 50bps – that we haven’t seen since 1994 and 2000 respectively. The war in Ukraine rages on, inadvertently causing food and energy crises around the globe. And once safe currencies like the Japanese yen are now trading like stablecoins that have lost their peg. Q2 2022 hedge fund letters, conferences and more Fear Grips The MarketAs one of these investors, the following line from teen pop s…

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