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πΊπΈπ #macro USA: - According to FedWatch, the likelihood of a Fed rate cut by 50 b.p. in September it is now 69.5%; - Barkin from the Fed: - 114,000 jobs is still a βreasonableβ number; - a significant rate cut is typical only for a rapidly deteriorating economy.
πΊπΈπ The 10-year US Treasury yield falls to 3.73%, the lowest since June 2023. #macro
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π£ #BTC Robert Kiyosaki continues: In 1971, President Nixon took the dollar off the gold standard and the US Treasury and Federal Reserve Bank began counterfeiting money. Don't be a failure. Stop hoarding βfake money.β Get smart and save gold, silver and BTC.
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π£ #BTC Justin Sun: I am very optimistic about the development of BTC and very confident in its future. However, I would like to clarify that I did not purchase BTC at the $69,000 price level.
π£ Justin Sun: Rumors about the liquidation of our positions are not true. We rarely engage in leveraged trading strategies as we believe such trades do not provide significant benefit to the industry.
π€ CryptoAttack π¬π§
π£ Justin Sun: Rumors about the liquidation of our positions are not true. We rarely engage in leveraged trading strategies as we believe such trades do not provide significant benefit to the industry.
π΅οΈββοΈ Justin Sun's alleged address brought out 100 million #USDT from Aave and transferred it to HTX.
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π QCP: Bearish macroeconomic sentiment due to high unemployment has weighed on the cryptocurrency and increased expectations of a recession in the future. #macro
π―π΅π #macro Japan's stock market suffers its biggest losses since 1987. Japan's Topix and Nikkei 225 indexes fell more than 10%. Monday's decline followed Friday's rout, with U.S. stocks falling sharply as a much weaker-than-expected July jobs report raised fears the economy could fall into recession - CNBC
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π You are in the moment
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π₯ We answer your questions regarding the current market situation.
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πΊπΈπΏ #ETH Jump Trading may be selling ETH. They recently bought $410 million worth of wstETH, exchanged it for ETH and transferred it to CEX. So far they have exchanged 83,000 wstETH for 97,500 ETH since July 25th. Of these, the exchange received 66,000 ETHβ¦
π΅οΈββοΈ Jump Trading transferred 26 million #USDT to Binance in the last hour.
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π£ #BTC #ETF Peter Schiff: At $54,000, >70% of those who bought BTC-ETF are losing money. When BTC falls below $38,000, 100% of BTC-ETF buyers will be at a loss. This is when the real selling will begin as most BTC-ETF speculators will give up for good.
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π Report CoinShares on financial flows in crypto over the last week: Last week, investments in digital assets continued, with an influx of $245 million. #BTC - inflow of $519 million. Outflow in short positions is $1.9 million. #ETH - outflow of $285 million.
πͺπΊ #EU macro. Prominent inflation (PPI) (June):
- m/m: 0.5% (prog 0.1%; pre -0.2%)
- y/y: -3.2% (prog -3.3%; pred -4.2%)
- m/m: 0.5% (prog 0.1%; pre -0.2%)
- y/y: -3.2% (prog -3.3%; pred -4.2%)
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π£ Justin Sun: Rumors about the liquidation of our positions are not true. We rarely engage in leveraged trading strategies as we believe such trades do not provide significant benefit to the industry.
πΏπ #TRX Justin Sun continues: Don't worry! The industry has grown significantly over the past year, and these market fluctuations are not due to negative news. We must abandon the fad and continue to build. That's why we're creating a $1 billion fund to fight the flood, invest more and provide liquidity. Twitter #FUD
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πΏπ #TRX Justin Sun continues: Don't worry! The industry has grown significantly over the past year, and these market fluctuations are not due to negative news. We must abandon the fad and continue to build. That's why we're creating a $1 billion fund to fightβ¦
π΅οΈββοΈ Justin Sun lost ~$280 million due to ETH falling by 20%.
Since February 8, 2024, he has accumulated 377,590 ETH (estimated value: $1.15 billion) through 3 wallets. But ETH is now trading well below its average purchase price of $3,051.
Since February 8, 2024, he has accumulated 377,590 ETH (estimated value: $1.15 billion) through 3 wallets. But ETH is now trading well below its average purchase price of $3,051.
πΏπ #BNB CEO Binance: The recent sharp drop in the crypto market does not represent a long-term negative trend. Given the potential for Fed rate cuts and geopolitical volatility, there is still significant potential for market volatility.
π£ #ETH Vitalik Buterin: I think people will be surprised at how quickly "L2 compatibility issues" will cease to be an issue and we will have a smooth user experience across the entire ethereum ecosystem (including L1, rollups, validiums, even sidechains). I see a lot of energy and desire to make this happen.
π€ CryptoAttack π¬π§
π΅οΈββοΈ Justin Sun lost ~$280 million due to ETH falling by 20%. Since February 8, 2024, he has accumulated 377,590 ETH (estimated value: $1.15 billion) through 3 wallets. But ETH is now trading well below its average purchase price of $3,051.