Beginner Why long-term crypto holders borrow against assets instead of selling A strategic guide to liquidity management, capital preservation, and the real tradeoff between selling and borrowing crypto Open guide 
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The Fed has capitulated – daily swap lines introduced as Bitcoin feeds off liquidity
Weekly USD swap line operations with the Fed will now become daily experience for five of the main central banks.
Quick Take
- The fed and five central banks have just announced to enhance liquidity via USD swap lines.
- The other five central banks are the Bank of England, the Bank of Canada, the European Central bank, the Swiss National Bank, and the Bank of Japan.
- Swap line operations with the fed will now be daily instead of weekly
- Distressed banks can now get liquidity (dollars) from the fed daily.
- The result is balance sheet expansion — billions if not trillions of liquidity incoming in the short-medium term.
