5 months ago
Gm
Lots of violent protests and riots in Venezuela last weeks since Maduro won election
Very dangerous atm :/
Going to get worse also
Lots of violent protests and riots in Venezuela last weeks since Maduro won election
Very dangerous atm :/
Going to get worse also
5 months ago
(E)
🚨 The crypto market IS COLLAPSING! 🚨
The cryptocurrency market has just suffered a brutal SHOCK, billions of dollars have evaporated in a few hours.
Traditional markets are also affected by panic.
What is really happening?
First, let's take a look at the alarming numbers:
💸 400 billion capitalization gone
💸 More than a billion dollars in positions liquidated in a few hours, including 901 million long positions pulverized.
💸 Bitcoin fell by 20%, Ethereum by 34%, and altcoins were not spared: Solana fell by 24%, XRP by almost 21%, memecoins like DOGE and SHIB fell by 25%. 29%.
But that's just the tip of the iceberg.
The reasons for this debacle are multiple and interconnected:
💥 The Japanese "carry trade" is collapsing: The yen has soared by 10% in just 3 weeks, pushing investors to massively sell their assets to repay their debts in yen.
This situation was exacerbated by the decision of the Bank of Japan to raise its rates to 0.25%, the highest level since 2008.
💥 Traditional markets in panic: The Nikkei collapsed 12.4%, its biggest historical fall since “Black Monday” in 1987.
This shock wave spread to the American markets, with Nasdaq futures falling by 6% and those of the S&P 500 by 3%.
💥 Massive sales from major players: Jump Trading liquidated $300 million worth of Ethereum in 10 days.
Additionally, two other major players contributed to the selling pressure: the distribution of Mt. Gox's Bitcoins to creditors ($9 billion worth) and the sale of BTC by the German government.
💥 A tense global context: The assassination of the Hamas leader by Israel has exacerbated tensions in the Middle East, Western countries are asking their nationals to leave Lebanon...
This geopolitical instability, coupled with political uncertainties in the United States and fears of recession, has created a climate of risk aversion.
This perfect storm shows how vulnerable the crypto market remains to external shocks.
It also highlights the growing interconnection between cryptocurrencies and traditional financial markets.
Stay vigilant, this extreme volatility could well continue in the days to come!
The cryptocurrency market has just suffered a brutal SHOCK, billions of dollars have evaporated in a few hours.
Traditional markets are also affected by panic.
What is really happening?
First, let's take a look at the alarming numbers:
💸 400 billion capitalization gone
💸 More than a billion dollars in positions liquidated in a few hours, including 901 million long positions pulverized.
💸 Bitcoin fell by 20%, Ethereum by 34%, and altcoins were not spared: Solana fell by 24%, XRP by almost 21%, memecoins like DOGE and SHIB fell by 25%. 29%.
But that's just the tip of the iceberg.
The reasons for this debacle are multiple and interconnected:
💥 The Japanese "carry trade" is collapsing: The yen has soared by 10% in just 3 weeks, pushing investors to massively sell their assets to repay their debts in yen.
This situation was exacerbated by the decision of the Bank of Japan to raise its rates to 0.25%, the highest level since 2008.
💥 Traditional markets in panic: The Nikkei collapsed 12.4%, its biggest historical fall since “Black Monday” in 1987.
This shock wave spread to the American markets, with Nasdaq futures falling by 6% and those of the S&P 500 by 3%.
💥 Massive sales from major players: Jump Trading liquidated $300 million worth of Ethereum in 10 days.
Additionally, two other major players contributed to the selling pressure: the distribution of Mt. Gox's Bitcoins to creditors ($9 billion worth) and the sale of BTC by the German government.
💥 A tense global context: The assassination of the Hamas leader by Israel has exacerbated tensions in the Middle East, Western countries are asking their nationals to leave Lebanon...
This geopolitical instability, coupled with political uncertainties in the United States and fears of recession, has created a climate of risk aversion.
This perfect storm shows how vulnerable the crypto market remains to external shocks.
It also highlights the growing interconnection between cryptocurrencies and traditional financial markets.
Stay vigilant, this extreme volatility could well continue in the days to come!
5 months ago
Hi all,just wrote yesterday about the market sentiment index,today BTC dropped to $49 .999999$
People are panicking, personally I am not panicking, you can't connect your whole life with the market, don't forget that you are still surrounded by a lot of interesting things. Take a vacation and have a rest.
People are panicking, personally I am not panicking, you can't connect your whole life with the market, don't forget that you are still surrounded by a lot of interesting things. Take a vacation and have a rest.
5 months ago
🔻 Bitcoin falls below $50 ,000 before rising above $52 ,000.
This move results in the liquidation of over $1 billion in positions over the past 24 hours.
https://www.coinglass.com/...
This move results in the liquidation of over $1 billion in positions over the past 24 hours.
https://www.coinglass.com/...
5 months ago
5 months ago
🐋 An unidentified whale #Solana withdrew $120 million from $SOL from validators and transferred the tokens to Coinbase Prime since July 16.
In total, more than 1 million $SOL from several validators, including Cogent Crypto, Block Logic and LunaNova, were transferred.
It is currently impossible to determine who is the owner of this address.
https://solscan.io/account...
In total, more than 1 million $SOL from several validators, including Cogent Crypto, Block Logic and LunaNova, were transferred.
It is currently impossible to determine who is the owner of this address.
https://solscan.io/account...
5 months ago
If you feel bad about this -30% from the top, tell yourself that on August 1, 2024, Microstrategy bought 169 Bitcoin at an average price of $67 ,500!
This represents a temporary loss of approximately $3 million.
But I don't think they have the slightest concern since their objective is long-term accumulation. They bought much lower and also higher, that's the goal of DCA!
This represents a temporary loss of approximately $3 million.
But I don't think they have the slightest concern since their objective is long-term accumulation. They bought much lower and also higher, that's the goal of DCA!
5 months ago
In less than half an hour you have the macro data of the US Services PMI 🇺🇸 , an indicator of the current performance of the services sector in the country ‼️👀
It is not a very important indicator, but it could give volatility if it is very different than expected (51 points) 🤔
It is not a very important indicator, but it could give volatility if it is very different than expected (51 points) 🤔
5 months ago
🚨 BlackRock's Bitcoin spot ETF exceeds $1 .55 billion in volume in its first hour today
Sponsored by
Kitten Haimer
1 month ago
Kitten Haimer
Discover the World of Kitten Haimer
