📈Ithaca Protocol Market Update
► Coinbase is launching CFTC-regulated 24/7 BTC/ETH perpetual contracts, which is a much bigger development than it already is. No more weekend ‘thin market tricks.’
► The ETH/BTC ratio is at just 6-week highs, in case the temptation to fade sets in.
► Unexpected escalation between India and Pakistan; this is uncharted territory between nuclear-armed states.
► All eyes on the Geneva US/China trade talks, with the pain trade now becoming the consensus and considered ‘too cute’; the race between inevitably bad hard data and policy response (and administration put) is on; recession pricing in markets has receded.