10 hours ago
💬 Trump says US crypto startups will "go through hell" if he is not elected.
At the World Liberty Financial launch event, Donald Trump criticized the SEC's approach to crypto regulation.
“If we don’t win the election, those people who were under investigation and are free as birds right now and the people who weren’t being looked at in the crypto world, they’re going to live in hell – because it starts the day after the election if they win.”
https://decrypt.co/249741/...
At the World Liberty Financial launch event, Donald Trump criticized the SEC's approach to crypto regulation.
“If we don’t win the election, those people who were under investigation and are free as birds right now and the people who weren’t being looked at in the crypto world, they’re going to live in hell – because it starts the day after the election if they win.”
https://decrypt.co/249741/...
Trump Says US Crypto Startups 'Will Be Living in Hell' If He's Not Elected - Decrypt
At the launch event for World Liberty Financial, Donald Trump slammed the SEC's approach to crypto regulation under Gary Gensler.
https://decrypt.co/249741/trump-says-us-crypto-startups-living-hell-not-elected
1 day ago
$POPDOG is speaker at
gotbit_io (https://x.com/gotbit_io) mega space with all these legend projects . Come support! 🐶🎤
https://x.com/gotbit_io/st...
gotbit_io (https://x.com/gotbit_io) mega space with all these legend projects . Come support! 🐶🎤
https://x.com/gotbit_io/st...
5 days ago
Daily Memecoin Recap - September 12
Decent volume today as $sol starts to pick up
$420k + In LP Rewards
$dev -> hit $16 .7m
- Launch by ChartFuMonkey
- He's taking a more transparent angle to the launch
- Promises to disclose all supply allocations to KOLs
- Over $400k in rewards have been distributed to the top 50 holders pre bond
Usher Gets Hacked
$usher -> hit $1 .9m
$usher -> hit $416k
-
Usher got sim swapped, a bunch of fake usher coins came out on pumpfun
Solana's Pepe
$lumi -> hit $1 .59m
$lumio -> hit $1 .41m
- Posted by solana
, good narrative
Murad's Final Pick
$spx -> $7m to $19 .2m (2.74x), on eth
- MustStopMurad posts his final cult on his top 10 highest meme conviction list
- Murad has 2.8% of supply
- Price instantly pumped following his tweet
Moonshot Launches
$tmn -> hit $350k , Trumpmoon
$clique -> hit $337k , $25k in LP Rewards
Hyped Launches
$woofie -> $167k to $1 .64m (9.8x), dog meme
$dwolf -> hit $3 .49m, "Dark Wolf"
$towd -> hit $262k , toad meme
Fwog Art
$luci -> $8m , $99k in LP Rewards, launched on moonshotdotcc
$bwull -> hit $697k , $fwog + bull
$holi -> hit $240k
Slow Cooks
$abcde -> $840k to $4 .37m (5.2x), was going straight up for the past few weeks, seeing more of it on the timeline
$autism -> $389k to $1m (2.57x), launched on July 16, ATH $7 .3m
$gm -> $93k to $402k (4.3x), cat meme, launched 2 months ago, pushed today
More Plays
$moodeng -> $200k to $959k (4.8x), baby hippo
$fc -> hit $757k , Fishcopter, fish + helicopter, CTO, good volume
$stacy -> hit $600k , $giga stacy
$zaboo -> hit $483k , Zaboomafoo
$minmori -> hit $369k , dog meme, posted by gireumee
$cc -> hit $267k , "CubCat"
I'm personally a fan of this moonshot meta w/ LP rewards. Will be interesting to see how if they're able to update the top 50 holders post merge
Lock in🔒
Decent volume today as $sol starts to pick up
$420k + In LP Rewards
$dev -> hit $16 .7m
- Launch by ChartFuMonkey
- He's taking a more transparent angle to the launch
- Promises to disclose all supply allocations to KOLs
- Over $400k in rewards have been distributed to the top 50 holders pre bond
Usher Gets Hacked
$usher -> hit $1 .9m
$usher -> hit $416k
-
Usher got sim swapped, a bunch of fake usher coins came out on pumpfun
Solana's Pepe
$lumi -> hit $1 .59m
$lumio -> hit $1 .41m
- Posted by solana
, good narrative
Murad's Final Pick
$spx -> $7m to $19 .2m (2.74x), on eth
- MustStopMurad posts his final cult on his top 10 highest meme conviction list
- Murad has 2.8% of supply
- Price instantly pumped following his tweet
Moonshot Launches
$tmn -> hit $350k , Trumpmoon
$clique -> hit $337k , $25k in LP Rewards
Hyped Launches
$woofie -> $167k to $1 .64m (9.8x), dog meme
$dwolf -> hit $3 .49m, "Dark Wolf"
$towd -> hit $262k , toad meme
Fwog Art
$luci -> $8m , $99k in LP Rewards, launched on moonshotdotcc
$bwull -> hit $697k , $fwog + bull
$holi -> hit $240k
Slow Cooks
$abcde -> $840k to $4 .37m (5.2x), was going straight up for the past few weeks, seeing more of it on the timeline
$autism -> $389k to $1m (2.57x), launched on July 16, ATH $7 .3m
$gm -> $93k to $402k (4.3x), cat meme, launched 2 months ago, pushed today
More Plays
$moodeng -> $200k to $959k (4.8x), baby hippo
$fc -> hit $757k , Fishcopter, fish + helicopter, CTO, good volume
$stacy -> hit $600k , $giga stacy
$zaboo -> hit $483k , Zaboomafoo
$minmori -> hit $369k , dog meme, posted by gireumee
$cc -> hit $267k , "CubCat"
I'm personally a fan of this moonshot meta w/ LP rewards. Will be interesting to see how if they're able to update the top 50 holders post merge
Lock in🔒
6 days ago
Donald Trump's odds for winning the 2024 presidential election dropped to 49% during the 🇺🇸US presidential debate.
Via: BET on DRIFT
Via: BET on DRIFT
6 days ago
Crypto markets have suffered noticeable pullbacks following September 10’s highly anticipated presidential debate.
In the wake of self-proclaimed ‘Crypto President’ Donald Trump’s performance, scales have tipped in favor of Kamala Harris, with prediction markets illustrating renewed support for the Democrats.
Crypto Markets Tumble as Republican Confidence Wanes
The presidential debate had a resounding effect on the digital asset market. Following the event, $SOL price has dropped 5.1%, sliding from September 10’s high of $137 .9 to currently trade hands at $130 .84.
Beyond asset prices, CoinMarketCap’s Crypto Fear & Greed Index also dropped from a neutral 46.72 to a fearful ranking of 31.6.
The crypto market’s slide is expected to be due to the wider industry’s assumption that a Trump presidency will be favorable for the blockchain industry.
Commentators argue that Trump’s pro-crypto stance will greatly benefit the sector, with many analysts proposing that the approval of a spot SOL ETF hinges on a Republican victory. Meanwhile, some Solana community members expressed that regardless of who emerges triumphant in November, it will make little difference.
Over the past four years, the Biden administration has loomed large over the crypto industry. Gary Gensler and the S.E.C. (Securities and Exchanges Commission) have been widely criticized by the crypto community for their regulation-by-enforcement approach, which has seen the agency hand out a litany of lawsuits to crypto businesses throughout its time in office.
Volume Spikes on Drift Protocol’s Prediction Market
While Trump and Harris clashed heads on camera, traders took their chance to hit the prediction markets. Drift Protocol’s BET platform, a marketplace enabling users to trade the outcomes of real-world events, enjoyed an impressive surge of trading volume during the debate.
According to Dune Analytics, Drift Protocol’s BET protocol witnessed over $851k in daily trading volume. While falling short of market leader PolyMarket’s $14M daily volume, BET’s dramatic volume spike represented a 1,287% increase over the previous day’s trading.
According to BET’s dedicated market, Trump’s chances of winning the presidential election dropped from 54.2% to 49.5% since the debate began.
$TREMP Down, $KAMA Up
Finally, the landmark debate sent waves of volatility through Solana’s PolitiFi memecoin economy.
Unfortunately for $TREMP holders, crypto markets rejected the Presidential hopeful’s debate performance. $TREMP price crumbled under increased selling pressure, plunging 28% from.19 to currently exchange hands at.135, based on Step Finance data.
Meanwhile, the Kamala Harris-inspired $KAMA saw renewed support. $KAMA surged over 34%, rising from 0.007 to currently trade at.0094. Despite $KAMA’s superior performance, the memecoin still has a smaller market cap ($8.3M) than its PolitiFi rival $TREMP ($14.2M).
In the wake of self-proclaimed ‘Crypto President’ Donald Trump’s performance, scales have tipped in favor of Kamala Harris, with prediction markets illustrating renewed support for the Democrats.
Crypto Markets Tumble as Republican Confidence Wanes
The presidential debate had a resounding effect on the digital asset market. Following the event, $SOL price has dropped 5.1%, sliding from September 10’s high of $137 .9 to currently trade hands at $130 .84.
Beyond asset prices, CoinMarketCap’s Crypto Fear & Greed Index also dropped from a neutral 46.72 to a fearful ranking of 31.6.
The crypto market’s slide is expected to be due to the wider industry’s assumption that a Trump presidency will be favorable for the blockchain industry.
Commentators argue that Trump’s pro-crypto stance will greatly benefit the sector, with many analysts proposing that the approval of a spot SOL ETF hinges on a Republican victory. Meanwhile, some Solana community members expressed that regardless of who emerges triumphant in November, it will make little difference.
Over the past four years, the Biden administration has loomed large over the crypto industry. Gary Gensler and the S.E.C. (Securities and Exchanges Commission) have been widely criticized by the crypto community for their regulation-by-enforcement approach, which has seen the agency hand out a litany of lawsuits to crypto businesses throughout its time in office.
Volume Spikes on Drift Protocol’s Prediction Market
While Trump and Harris clashed heads on camera, traders took their chance to hit the prediction markets. Drift Protocol’s BET platform, a marketplace enabling users to trade the outcomes of real-world events, enjoyed an impressive surge of trading volume during the debate.
According to Dune Analytics, Drift Protocol’s BET protocol witnessed over $851k in daily trading volume. While falling short of market leader PolyMarket’s $14M daily volume, BET’s dramatic volume spike represented a 1,287% increase over the previous day’s trading.
According to BET’s dedicated market, Trump’s chances of winning the presidential election dropped from 54.2% to 49.5% since the debate began.
$TREMP Down, $KAMA Up
Finally, the landmark debate sent waves of volatility through Solana’s PolitiFi memecoin economy.
Unfortunately for $TREMP holders, crypto markets rejected the Presidential hopeful’s debate performance. $TREMP price crumbled under increased selling pressure, plunging 28% from.19 to currently exchange hands at.135, based on Step Finance data.
Meanwhile, the Kamala Harris-inspired $KAMA saw renewed support. $KAMA surged over 34%, rising from 0.007 to currently trade at.0094. Despite $KAMA’s superior performance, the memecoin still has a smaller market cap ($8.3M) than its PolitiFi rival $TREMP ($14.2M).
11 days ago
📈 Bitcoin has failed to reclaim the important $60k support area in recent days ❌
With additional selling pressure from disappointing US economic numbers, the price dipped further below $55k today.
The analysis is simple here, BTC remains in its 6-month range and accumulation continues with very likely an imminent retest of the bottom of the pattern in yellow towards $49k -$50k.
Will we have a final retest of the bottom of the pattern before the bullish explosion with around $90k by the end of the year? This is the scenario I favor after a halving that is moving further and further away and a very long accumulation that is making some lose patience and hope 😴
The technical side is not so bad, however the economic context will have to follow, because unfortunately the crypto market remains very sensitive to it.
We have been patient, and we will have to remain so for a few more weeks, but let's not give up 💪
With additional selling pressure from disappointing US economic numbers, the price dipped further below $55k today.
The analysis is simple here, BTC remains in its 6-month range and accumulation continues with very likely an imminent retest of the bottom of the pattern in yellow towards $49k -$50k.
Will we have a final retest of the bottom of the pattern before the bullish explosion with around $90k by the end of the year? This is the scenario I favor after a halving that is moving further and further away and a very long accumulation that is making some lose patience and hope 😴
The technical side is not so bad, however the economic context will have to follow, because unfortunately the crypto market remains very sensitive to it.
We have been patient, and we will have to remain so for a few more weeks, but let's not give up 💪
12 days ago
🟡 Globees officially launches the first vacation rental platform on the blockchain, with first accommodations available across the world and many more to come 🔥
Thanks to blockchain technology, its staking program and its eco-responsible charter, this RWA project aims to revolutionize the way we book trips ☀️
https://x.com/globees_proj...
Thanks to blockchain technology, its staking program and its eco-responsible charter, this RWA project aims to revolutionize the way we book trips ☀️
https://x.com/globees_proj...
13 days ago
#Bitcoin We are following the same trend as the previous bullruns.
Today is day 137 after the halving.
👉 Bullrun of Era 2 (2016/2017), the multiple was at 4.49.
👉 Bullrun of Era 3 (2020/2021), it was at 3.31.
👉 Bullrun of era 4 (2024/2025), it is at 3.58.
Today is day 137 after the halving.
👉 Bullrun of Era 2 (2016/2017), the multiple was at 4.49.
👉 Bullrun of Era 3 (2020/2021), it was at 3.31.
👉 Bullrun of era 4 (2024/2025), it is at 3.58.
14 days ago
Daily Memecoin Recap - September 3
Opportunities are everywhere
Monkey Pox
$pox -> $20m to $71m (3.55x)
- Community & team are continuously grinding
- Steadily moving upwards since launch
- Nice concept & art
First Memecoin On Moonkebiz
$sick -> hit $6 .9m
- Launched on moonkebiz
- "First stake-to-meme protocol on Solana"
Hyped Launch
$korat -> hit $12m
- This launch has been in the works for a couple weeks
- Huge pump on launch, then continuous dumps
- Went from $12m to $3k market cap within 2 hours
Crypto Twitter Memes
$ultra -> $112k to $1 .85m (16.5x), "UltramanGodzillaNebulaM78", viral meme on CT
$look -> $434k to $1 .44m (3.3x)
$sweg69 -> hit $511k , "milleniumsweghunter69", good website with a Yu-Gi-Oh card generator
$bagfag -> hit $359k , "Baguette smoking a Faguette"
Fwog Betas
$pogchi -> hit $384k , "Pepefwogmichi", $pepe + $michi + $fwog
$gowilla -> hit $222k , $fwog + gorilla
Utility
$sae -> hit $493k , "Shill and earn", shill tokens, share them on Twitter, earn 3% referral fees for each trade
$pumprep -> hit $207k , tracks the quality of token developers to help prevent rug-pulls
Other Cooks
$mpig -> $929k to $2 .6m (2.8x), launched on dexscreener's moonshot
$luv -> $30k to $291k (9.7x), cat meme
$jetski -> hit $1 .83m
$mope -> hit $1 .7m, dev rugged, current CTO
$johnny -> hit $340k , cute puppy meme
Focus on preserving capital in such market conditions
Opportunities are everywhere
Monkey Pox
$pox -> $20m to $71m (3.55x)
- Community & team are continuously grinding
- Steadily moving upwards since launch
- Nice concept & art
First Memecoin On Moonkebiz
$sick -> hit $6 .9m
- Launched on moonkebiz
- "First stake-to-meme protocol on Solana"
Hyped Launch
$korat -> hit $12m
- This launch has been in the works for a couple weeks
- Huge pump on launch, then continuous dumps
- Went from $12m to $3k market cap within 2 hours
Crypto Twitter Memes
$ultra -> $112k to $1 .85m (16.5x), "UltramanGodzillaNebulaM78", viral meme on CT
$look -> $434k to $1 .44m (3.3x)
$sweg69 -> hit $511k , "milleniumsweghunter69", good website with a Yu-Gi-Oh card generator
$bagfag -> hit $359k , "Baguette smoking a Faguette"
Fwog Betas
$pogchi -> hit $384k , "Pepefwogmichi", $pepe + $michi + $fwog
$gowilla -> hit $222k , $fwog + gorilla
Utility
$sae -> hit $493k , "Shill and earn", shill tokens, share them on Twitter, earn 3% referral fees for each trade
$pumprep -> hit $207k , tracks the quality of token developers to help prevent rug-pulls
Other Cooks
$mpig -> $929k to $2 .6m (2.8x), launched on dexscreener's moonshot
$luv -> $30k to $291k (9.7x), cat meme
$jetski -> hit $1 .83m
$mope -> hit $1 .7m, dev rugged, current CTO
$johnny -> hit $340k , cute puppy meme
Focus on preserving capital in such market conditions
15 days ago
🚨 Events expected in September:
👉 September 10: Debate between Donald Trump and Kamala Harris.
👉 September 18: FED decisions on interest rates.
👉 September 18-19: TOKEN2049 crypto event in Singapore.
👉 September 10: Debate between Donald Trump and Kamala Harris.
👉 September 18: FED decisions on interest rates.
👉 September 18-19: TOKEN2049 crypto event in Singapore.
15 days ago
Continuing to defy the expectations of the wider crypto market, Solana has outperformed digital asset rivals like Bitcoin ($BTC) and Ethereum ($ETH).
During a forgettable week for crypto markets, Solana has bucked the bearish trend, enjoying positive inflows amidst a sea of red.
SOL LEADS WEEKLY INFLOWS ACROSS TOP DIGITAL ASSETS
While much of the crypto market succumbed to bearish forces last week, Solana showed plenty of resilience. According to CoinShares data, Solana digital asset products attracted over $7 .6M in net inflows, outperforming both Bitcoin (-$319M) and Layer 1 rival Ethereum (-$5.7M).
However, despite positive inflows in digital asset products, $SOL price suffered a significant decline. Over the past week, Solana has dropped 15.45%, sliding from $157 .2 to currently exchange hands at $132 .91, based on Step Finance data.
In this sense, Solana has underperformed both $BTC and $ETH , which lost 7.5% and 7.3% respectively over the same period.
The diverging trends highlight a curious dynamic. Despite Solana suffering a more significant price drop than both $BTC and $ETH , institutional inflows for Solana-based digital asset products were positive.
Solana’s favorable performance suggests higher demand from institutional investors and traders, who are taking advantage of turbulent market conditions to establish positions heading into Q4.
Alternatively, the comparatively smaller range of Solana-based products allows for a reduced sample size, which could skew results. The abundance and accessibility of Bitcoin and Ethereum ETFs mean that these assets are likely to witness more consistent trading behavior.
MONTHLY STABLECOIN INFLOWS INCREASE BY 21%
Beyond positive digital asset product inflows, the Solana network also enjoyed increased stablecoin flows.
Having continually grown throughout 2024, Solana’s monthly stablecoin inflows increased by 21%, rising from $371M in July to $449M in August.
The growth indicates a growing desire for greater liquidity onchain. The trend is further supported by an increase in the total value of bridged assets arriving on the Solana network.
According to data provided by deBridge and Artemis, over $345M worth of assets were bridged to Solana from alternative chains, a 23% increase from the $280M bridged in July. August’s bridge traffic included over $279M from Ethereum, the industry’s largest Layer 1 network.
The inflow of capital suggests that investors and traders could be eager to establish positions in both Solana’s thriving DeFi scene and the ecosystem’s native tokens. With increased liquidity arriving onchain, network participants hope that the Solana ecosystem can maintain its bullish trajectory in Q4.
During a forgettable week for crypto markets, Solana has bucked the bearish trend, enjoying positive inflows amidst a sea of red.
SOL LEADS WEEKLY INFLOWS ACROSS TOP DIGITAL ASSETS
While much of the crypto market succumbed to bearish forces last week, Solana showed plenty of resilience. According to CoinShares data, Solana digital asset products attracted over $7 .6M in net inflows, outperforming both Bitcoin (-$319M) and Layer 1 rival Ethereum (-$5.7M).
However, despite positive inflows in digital asset products, $SOL price suffered a significant decline. Over the past week, Solana has dropped 15.45%, sliding from $157 .2 to currently exchange hands at $132 .91, based on Step Finance data.
In this sense, Solana has underperformed both $BTC and $ETH , which lost 7.5% and 7.3% respectively over the same period.
The diverging trends highlight a curious dynamic. Despite Solana suffering a more significant price drop than both $BTC and $ETH , institutional inflows for Solana-based digital asset products were positive.
Solana’s favorable performance suggests higher demand from institutional investors and traders, who are taking advantage of turbulent market conditions to establish positions heading into Q4.
Alternatively, the comparatively smaller range of Solana-based products allows for a reduced sample size, which could skew results. The abundance and accessibility of Bitcoin and Ethereum ETFs mean that these assets are likely to witness more consistent trading behavior.
MONTHLY STABLECOIN INFLOWS INCREASE BY 21%
Beyond positive digital asset product inflows, the Solana network also enjoyed increased stablecoin flows.
Having continually grown throughout 2024, Solana’s monthly stablecoin inflows increased by 21%, rising from $371M in July to $449M in August.
The growth indicates a growing desire for greater liquidity onchain. The trend is further supported by an increase in the total value of bridged assets arriving on the Solana network.
According to data provided by deBridge and Artemis, over $345M worth of assets were bridged to Solana from alternative chains, a 23% increase from the $280M bridged in July. August’s bridge traffic included over $279M from Ethereum, the industry’s largest Layer 1 network.
The inflow of capital suggests that investors and traders could be eager to establish positions in both Solana’s thriving DeFi scene and the ecosystem’s native tokens. With increased liquidity arriving onchain, network participants hope that the Solana ecosystem can maintain its bullish trajectory in Q4.
23 days ago
💬 Justin Sun proposes a DAO to help free Pavel Durov and pledges a million dollars to its creation.
“We should show the unity of the cryptocurrency industry by organizing a DAO #FreePavel to help Telegram founder Pavel Durov legally gain freedom.”
“I will donate $1 million if it is created in a decentralized way with enough community support.”
https://x.com/justinsuntro...
“We should show the unity of the cryptocurrency industry by organizing a DAO #FreePavel to help Telegram founder Pavel Durov legally gain freedom.”
“I will donate $1 million if it is created in a decentralized way with enough community support.”
https://x.com/justinsuntro...
25 days ago
#Bitcoin Many were talking about bull trap when we retested the 61k.
Result: we are at 63k.
Graphically and psychologically, there was NOTHING bearish.
When you see the so called top traders saying "I'm selling" at 49k, it's because the manipulation to eliminate weak hands has worked.
Result: we are at 63k.
Graphically and psychologically, there was NOTHING bearish.
When you see the so called top traders saying "I'm selling" at 49k, it's because the manipulation to eliminate weak hands has worked.
26 days ago
💊 Noland Arbaugh, the first man to receive the Neuralink implant, shares his internet browser, one of the tabs of which is a PumpDotFun page
https://x.com/moddedquad/s...
https://x.com/moddedquad/s...
29 days ago
⚠️ ATTENTION: Cardano #ADA has just FALLEN BELOW the Top 10 cryptocurrencies by market capitalization after correcting 25% in the last month!!️ 👀
29 days ago
❌ According to @zachxbt , a suspicious transfer was made by a potential victim for 4,064 BTC, or $238 million.
Funds were quickly transferred to ThorChain, eXch, Kucoin, ChangeNow, Railgun, Avalanche Bridge
https://x.com/zachxbt/stat...
Funds were quickly transferred to ThorChain, eXch, Kucoin, ChangeNow, Railgun, Avalanche Bridge
https://x.com/zachxbt/stat...
1 month ago
BridgeFinance airdrop checker is now live.
👉Total of 491,000 users eligible for the Airdrop.
👉The top 10% from the points leaderboard will receive 76% of the total airdrop allocation.
👉6% of the total DBR supply is allocated for Season 1 participants.
👉Total of 491,000 users eligible for the Airdrop.
👉The top 10% from the points leaderboard will receive 76% of the total airdrop allocation.
👉6% of the total DBR supply is allocated for Season 1 participants.
1 month ago
(E)
GM! $ROCKY mc 8 million, called here https://bullverse.io/threa... on 5 million. I'll wait 10 million, but if you want, you can sell it.
m3k1 on BullVerse
I bought some $ROCKY (mc 5 million) and $SEND (mc 3.5 million) to hold them. Let's see what will happen 😋 $ROCKY - BVG3BJH4ghUPJT9mCi7JbziNwx3dqRTzgo9x5poGpump $SEND - SENDd
https://bullverse.io/thread/6494
1 month ago
👻 A "Ghost Month" for #Bitcoin ?
In Asian culture, a "ghost month" is a period associated with bad luck, and this year it runs from August 4 to September 2, according to the Chinese lunar calendar.
Historically, Bitcoin has always demonstrated negative returns during this particular period.
The recent 20% flash crash to $49 ,000 seems to confirm the recurring trend since 2017
https://cointelegraph.com/...
In Asian culture, a "ghost month" is a period associated with bad luck, and this year it runs from August 4 to September 2, according to the Chinese lunar calendar.
Historically, Bitcoin has always demonstrated negative returns during this particular period.
The recent 20% flash crash to $49 ,000 seems to confirm the recurring trend since 2017
https://cointelegraph.com/...
1 month ago
📊 Weekly Outlook August 5-9:
Fears of global recession, US markets slip over weakening economic data 📉 #GlobalRecession #USMarkets
😬 News/Sentiment:
• Fears of global recession
• US markets slip over weakening economic data
• Pessimism over Middle east tensions
• Rumors of Jump Trading shutting down crypto operations
• 78% probability of 50bps cut in September 📉
• BofA believe employment numbers are over exaggerated
• Sahm rule triggered; 10/11 chance of recession in 4 months 📊
• Poor earnings, negative revisions and general pessimist outlook for earning season
• Harris' recent success in polls having negative impact on cryptos
• Yen-dollar carry trades unwinding, negatively affecting global markets 📉 #YenDollar #CarryTrades
📅 Events This Week (cont.):
•Tue: AUD: Interest rate decision and monetary policy statement, US: Fed GDP now #AUDRate #FedeGDP
•Wed: US: Consumer Credit report
•Thu: India: Interest rate Decision, US: Jobless claims, Fed Balance Sheet #ConsumerCredit #IndiaRate
😬 Risk Appetite:
• AAII sentiment: 7% off 1 year bullish high (as of last week)
• Market fear/greed = 19
• Market breadth = fear
• Put/call = extreme fear
• Junk bond vs investment grade = extreme fear
• Crypto fear/greed = 26
•High yield bond prem. = 3.72%
📊 Market Breadth:
• Percentage of $SPX stocks above 200D MA: = 55% (Decrease from last week)
• Percentage of $SPX stocks above 50D MA: = 49% (Decrease from last week)
• Percentage of $SPX stocks above 20D MA: = 30% (decrease from last week)
• NASDAQ new highs - new lows = -90
• SPY 52 week highs - 52 week lows =-291
• SPY New highs - New lows = Monthly 44 ; Weekly 4
Fed rate monitor tool = 95% probability of 25bps cut next meeting, 78% chance of 50bps (September 18th)
Fears of global recession, US markets slip over weakening economic data 📉 #GlobalRecession #USMarkets
😬 News/Sentiment:
• Fears of global recession
• US markets slip over weakening economic data
• Pessimism over Middle east tensions
• Rumors of Jump Trading shutting down crypto operations
• 78% probability of 50bps cut in September 📉
• BofA believe employment numbers are over exaggerated
• Sahm rule triggered; 10/11 chance of recession in 4 months 📊
• Poor earnings, negative revisions and general pessimist outlook for earning season
• Harris' recent success in polls having negative impact on cryptos
• Yen-dollar carry trades unwinding, negatively affecting global markets 📉 #YenDollar #CarryTrades
📅 Events This Week (cont.):
•Tue: AUD: Interest rate decision and monetary policy statement, US: Fed GDP now #AUDRate #FedeGDP
•Wed: US: Consumer Credit report
•Thu: India: Interest rate Decision, US: Jobless claims, Fed Balance Sheet #ConsumerCredit #IndiaRate
😬 Risk Appetite:
• AAII sentiment: 7% off 1 year bullish high (as of last week)
• Market fear/greed = 19
• Market breadth = fear
• Put/call = extreme fear
• Junk bond vs investment grade = extreme fear
• Crypto fear/greed = 26
•High yield bond prem. = 3.72%
📊 Market Breadth:
• Percentage of $SPX stocks above 200D MA: = 55% (Decrease from last week)
• Percentage of $SPX stocks above 50D MA: = 49% (Decrease from last week)
• Percentage of $SPX stocks above 20D MA: = 30% (decrease from last week)
• NASDAQ new highs - new lows = -90
• SPY 52 week highs - 52 week lows =-291
• SPY New highs - New lows = Monthly 44 ; Weekly 4
Fed rate monitor tool = 95% probability of 25bps cut next meeting, 78% chance of 50bps (September 18th)
1 month ago
#Bitcoin rebounded very well, going from 49k to 56k following the drop.
However, there is no point in rushing, 49k is probably not the bottom
As a reminder, Iran has not yet taken action
The carry trade operations on the yen are not over… there are still 40 to 50% left according to JP Morgan. It remains, also on this point, very unstable. We could have a new shock
However, there is no point in rushing, 49k is probably not the bottom
As a reminder, Iran has not yet taken action
The carry trade operations on the yen are not over… there are still 40 to 50% left according to JP Morgan. It remains, also on this point, very unstable. We could have a new shock
1 month 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.
2 months ago
🗳️ ApeCoin launches DAO vote to create a BAYC-themed hotel in central Bangkok, Thailand 🇹🇭
The project would bring together numerous advantages:
🔹 50% of the revenue from themed rooms (APE, BAYC, Otherside etc) will be received by the ApeCoin DAO for one year.
🔹 Hotel rooms and bars will accept ApeCoin as payment.
🔹 A big exhibition of the Yuga Labs ecosystem.
🔹 Organize events for ApeCoin members every two months.
🔹 Members of the APE community will be able to use the rooftop for events free of charge.
Total amount requested from the ApeCoin Ecosystem Fund = 410,000 APE, or approximately $300 ,000
https://snapshot.org/#/ape...
The project would bring together numerous advantages:
🔹 50% of the revenue from themed rooms (APE, BAYC, Otherside etc) will be received by the ApeCoin DAO for one year.
🔹 Hotel rooms and bars will accept ApeCoin as payment.
🔹 A big exhibition of the Yuga Labs ecosystem.
🔹 Organize events for ApeCoin members every two months.
🔹 Members of the APE community will be able to use the rooftop for events free of charge.
Total amount requested from the ApeCoin Ecosystem Fund = 410,000 APE, or approximately $300 ,000
https://snapshot.org/#/ape...
2 months ago
🇸🇻 El Salvador proposes to use #Bitcoin to trade with Russia 🇷🇺
The aim is to strengthen economic ties and its global influence.
“We have calculation difficulties because the official currency of El Salvador is the American dollar. As an alternative, El Salvador proposes using cryptocurrencies in commercial operations »
says Alexander Ilyukhin, first secretary of the Russian Embassy in Nicaragua.
https://iz.ru/1733028/ekat...
The aim is to strengthen economic ties and its global influence.
“We have calculation difficulties because the official currency of El Salvador is the American dollar. As an alternative, El Salvador proposes using cryptocurrencies in commercial operations »
says Alexander Ilyukhin, first secretary of the Russian Embassy in Nicaragua.
https://iz.ru/1733028/ekat...
2 months ago
🔓 Nearly $1 .5 billion in tokens will be released in August, including $609 million in XRP.
🔹 Avalanche: $268 million
🔹 Wormhole: $180 .5 million
🔹 Sui: $50 million
🔹 dYdX: $11 million
🔹 ZetaChain: $34 .5 million
🔹 ImmutableX: $49 million
🔹 Aptos: $80 million
🔹 The Sandbox: $69 million
🔹 Starkent: $35 million
🔹 Arbitrum: $67 million
🔹 Avalanche: $268 million
🔹 Wormhole: $180 .5 million
🔹 Sui: $50 million
🔹 dYdX: $11 million
🔹 ZetaChain: $34 .5 million
🔹 ImmutableX: $49 million
🔹 Aptos: $80 million
🔹 The Sandbox: $69 million
🔹 Starkent: $35 million
🔹 Arbitrum: $67 million