β‘οΈ BTC Faces Key Level at $72,000 After Losing $92,800 Support
According to trader Ali Martinez, Bitcoin failed to hold $92,800, making $72,000 the next strong support level. πΌ
The next three days will be crucial, as positive economic data could push BTC back above $92K and squeeze the bears. So far, BTC has recovered from $86K to $89K, but hasnβt gained further momentum. π
Meanwhile, Bitcoin ETFs saw a record $1.01B outflow yesterday β a worrying sign amid continuous withdrawals in recent weeks. π€
According to trader Ali Martinez, Bitcoin failed to hold $92,800, making $72,000 the next strong support level. πΌ
The next three days will be crucial, as positive economic data could push BTC back above $92K and squeeze the bears. So far, BTC has recovered from $86K to $89K, but hasnβt gained further momentum. π
Meanwhile, Bitcoin ETFs saw a record $1.01B outflow yesterday β a worrying sign amid continuous withdrawals in recent weeks. π€
π9π’2π1
π Tron Removes Fees for USDT Transfers
Justin Sun has announced the launch of Gas Free, making USDT transfers on Tron completely free! π₯
With this feature, users wonβt need TRX to cover gas fees for USDT transactions. πΈ The rollout is expected within a week.
Justin Sun has announced the launch of Gas Free, making USDT transfers on Tron completely free! π₯
With this feature, users wonβt need TRX to cover gas fees for USDT transactions. πΈ The rollout is expected within a week.
π15β€8
π½ $1.7B in Losses for BTC Holders
Bitcoin investors realized $1.7 billion in losses as BTC tumbled, marking the biggest sell-off of 2025 π¬.
π€― A total of 79.3K BTC was sold at a lossβthe largest single-day realized loss since August 2024.
Are we in for more pain, or is this the last shakeout before a rebound? π€
Bitcoin investors realized $1.7 billion in losses as BTC tumbled, marking the biggest sell-off of 2025 π¬.
π€― A total of 79.3K BTC was sold at a lossβthe largest single-day realized loss since August 2024.
Are we in for more pain, or is this the last shakeout before a rebound? π€
π12β€3π±2π1
Bybit Launches Lazarus Hunt Season! π΅οΈββοΈ
π Bybit has launched a new bounty aggregator targeting the North Korean Lazarus group involved in money laundering activities. Bounty hunters can connect their wallets and earn a 5% reward for freezing funds tied to Lazarus hackers. π₯·
This initiative is open to everyone, including exchanges and mixers. Anyone aiding Lazarus in money laundering will be added to the βBad Guysβ list.
Bybit's CEO, Ben Zhou, stated:
π Read more
π Bybit has launched a new bounty aggregator targeting the North Korean Lazarus group involved in money laundering activities. Bounty hunters can connect their wallets and earn a 5% reward for freezing funds tied to Lazarus hackers. π₯·
This initiative is open to everyone, including exchanges and mixers. Anyone aiding Lazarus in money laundering will be added to the βBad Guysβ list.
Bybit's CEO, Ben Zhou, stated:
"We have assembled a team to monitor and update this site, and we wonβt stop until Lazarus and all the bad actors in this industry are eliminated."
π Read more
π12π5β€1π₯1
Could Strategy (MSTR) Go Bankrupt? π
Unlikely.
MSTR's debt stands at $8.2 billion, while its BTC holdings total $43.4 billion. This gives them a leverage ratio of 19%. π΅
With only $5 billion of BTC below the conversion price, the effective leverage ratio is even lower, around 11.5%.
For MSTR to become insolvent, BTC would need to drop 80-90% from its current priceβan unlikely scenario. π
Additionally, none of MSTR's debt is due until 2028, so the company's financial position remains stable. βοΈ
In short, bankruptcy is not a concern for now.
Unlikely.
MSTR's debt stands at $8.2 billion, while its BTC holdings total $43.4 billion. This gives them a leverage ratio of 19%. π΅
With only $5 billion of BTC below the conversion price, the effective leverage ratio is even lower, around 11.5%.
For MSTR to become insolvent, BTC would need to drop 80-90% from its current priceβan unlikely scenario. π
Additionally, none of MSTR's debt is due until 2028, so the company's financial position remains stable. βοΈ
In short, bankruptcy is not a concern for now.
β€11π€2π1
π How USD, Gold, and BTC Supply Changed Since 2020
πΈ The US dollar supply grew by 3.7% in 2024, increasing at an average rate of 6.8% annually since 2015.
π₯ Gold supply rose by 1.95% in 2024, with an annual increase of 2-3% since 1800.
π± Bitcoin's supply grew by 0.85% in 2024. Its issuance halves every 4 years, continuing until 2140.
πΈ The US dollar supply grew by 3.7% in 2024, increasing at an average rate of 6.8% annually since 2015.
π₯ Gold supply rose by 1.95% in 2024, with an annual increase of 2-3% since 1800.
π± Bitcoin's supply grew by 0.85% in 2024. Its issuance halves every 4 years, continuing until 2140.
π10π₯°1
π Bitcoin on the way to $80K?
BTC briefly dropped below $84,000, triggering massive liquidations.
π₯ $237M in LONG positions wiped out in just 1 hour, according to Coinglass.
Will the dip continue, or is a rebound coming? π€
BTC briefly dropped below $84,000, triggering massive liquidations.
π₯ $237M in LONG positions wiped out in just 1 hour, according to Coinglass.
Will the dip continue, or is a rebound coming? π€
π±11β€3π₯2π1π₯°1
π BTC Correction? Just Another Day in a Bull Cycle
CEO of CryptoQuant reminds us: 30% corrections are normal in a Bitcoin bull run. Back in 2021, BTC dropped 53% before hitting a new ATH. π€
π Lesson? Selling in panic = rookie mistake. The worst strategy is buying high & selling low. Have a plan, stay patient.
π° BTC dipped to $82K overnight but has already recovered to $86K.
CEO of CryptoQuant reminds us: 30% corrections are normal in a Bitcoin bull run. Back in 2021, BTC dropped 53% before hitting a new ATH. π€
π Lesson? Selling in panic = rookie mistake. The worst strategy is buying high & selling low. Have a plan, stay patient.
π° BTC dipped to $82K overnight but has already recovered to $86K.
π7β€2π1
π¨ Fear Takes Over Crypto Markets
After BTCβs drop to $82K, the Fear & Greed Index plunged to 10/100βits lowest level since 2022. Extreme fear dominates, signaling high market panic.
π The last time we saw such lows was June 2022, following the Terra crash and major fund liquidations.
π History shows extreme fear can be a buying opportunityβwill it play out the same way this time?
After BTCβs drop to $82K, the Fear & Greed Index plunged to 10/100βits lowest level since 2022. Extreme fear dominates, signaling high market panic.
π The last time we saw such lows was June 2022, following the Terra crash and major fund liquidations.
π History shows extreme fear can be a buying opportunityβwill it play out the same way this time?
π10β€2π¨1
π Bitcoin OversoldβRebound or More Pain?
For the first time since August 2024, Bitcoin ($BTC) has entered oversold territory. Last time, this triggered a 33% price surge!
π€ Will history repeat itself? Or is there more downside ahead?
π» Trader Ali Martinez previously predicted a drop to $70K after BTC lost $92K support.
For the first time since August 2024, Bitcoin ($BTC) has entered oversold territory. Last time, this triggered a 33% price surge!
π€ Will history repeat itself? Or is there more downside ahead?
π» Trader Ali Martinez previously predicted a drop to $70K after BTC lost $92K support.
π₯7β€1
π Bitcoin Still Tracks M2 Money Supply?
According to Joe Consorti, BTC has been following M2 money supply with a ~70-day lag since Sept 2023. π§
π If this correlation holds, Bitcoin could correct to $70K before staging a major rally.
π Patience might pay off!
According to Joe Consorti, BTC has been following M2 money supply with a ~70-day lag since Sept 2023. π§
π If this correlation holds, Bitcoin could correct to $70K before staging a major rally.
π Patience might pay off!
π6β€1
π₯· Hackers used a fake "GrassCall" meeting app to infect Web3 job seekers' devices with malware, draining their wallets.
π How it worked:
πΉ Fake job listings on LinkedIn & CryptoJobsList
πΉ "Interview" via Telegram with a fake CMO
πΉ Victims downloaded GrassCall, which stole their credentials & crypto
π° Cybercriminals made hundreds of thousands per victim before the scam was exposed.
π How it worked:
πΉ Fake job listings on LinkedIn & CryptoJobsList
πΉ "Interview" via Telegram with a fake CMO
πΉ Victims downloaded GrassCall, which stole their credentials & crypto
π° Cybercriminals made hundreds of thousands per victim before the scam was exposed.
π11πΎ1
Michael Saylor spoke at the House Financial Services Committee, discussing Bitcoin, digital assets, and the U.S.'s path to global crypto leadership. πΊπΈπ
π He presented a Digital Assets Framework aimed at clear regulations and a strong market structure.
π‘ Key takeaways:
πΉ Digital assets can drive frictionless payments & new capital access
πΉ The U.S. aims to lead the global crypto industry
πΉ Lawmakers plan to craft a legislative framework to support the sector
π Could this be a turning point for U.S. crypto policy?
π He presented a Digital Assets Framework aimed at clear regulations and a strong market structure.
π‘ Key takeaways:
πΉ Digital assets can drive frictionless payments & new capital access
πΉ The U.S. aims to lead the global crypto industry
πΉ Lawmakers plan to craft a legislative framework to support the sector
π Could this be a turning point for U.S. crypto policy?
π11
π Bitcoin Dipped to $78K but Recovered to $80K! π¨
Massive liquidations hit the marketβover $600M in long positions wiped out in the last 12 hours (Coinglass).
Meanwhile, Bitcoin ETFs continue to see outflows, with $3.27B withdrawn over the past 7 trading days (SosoValue). π«π°
Volatility remains highβstay cautious!
Massive liquidations hit the marketβover $600M in long positions wiped out in the last 12 hours (Coinglass).
Meanwhile, Bitcoin ETFs continue to see outflows, with $3.27B withdrawn over the past 7 trading days (SosoValue). π«π°
Volatility remains highβstay cautious!
π7β€1π€¨1
π Bitcoin Consolidation Ahead? π€
πΉ CryptoQuant CEO expects BTC to range between $75K-$100K until fresh liquidity enters the market. He remains bullish, saying 30% pullbacks are normal, but a drop significantly below $75K would challenge his outlook.
πΉ Meanwhile, Anthony Scaramucci predicts Bitcoin will hit $180K by year-end! π
It looks like market uncertainty is here to stay. π
πΉ CryptoQuant CEO expects BTC to range between $75K-$100K until fresh liquidity enters the market. He remains bullish, saying 30% pullbacks are normal, but a drop significantly below $75K would challenge his outlook.
πΉ Meanwhile, Anthony Scaramucci predicts Bitcoin will hit $180K by year-end! π
It looks like market uncertainty is here to stay. π
π4β€1
Crypto soothsayer
π¦ MetaMask announces the launch of its own Mastercard crypto debit card. π€
π¦ MetaMask Updates Logo & Launches Crypto Card Waitlist! π³
MetaMask refreshed its logo (donβt worry, the iconic fox is still there) and opened a waitlist for its new crypto card. Now, youβll be able to pay directly from your crypto balanceβjust like a regular card, but way cooler. π
Will this bring crypto payments to the masses? Time will tell! β³
MetaMask refreshed its logo (donβt worry, the iconic fox is still there) and opened a waitlist for its new crypto card. Now, youβll be able to pay directly from your crypto balanceβjust like a regular card, but way cooler. π
Will this bring crypto payments to the masses? Time will tell! β³
π7β€2
π Bitcoinβs Newbie Baptism! πΈ
74% of all realized BTC losses come from traders who bought just a month ago.
They call it the "Newbie Baptism"βbecause in crypto, you donβt make money unless you learn to HODL through the pain. ππ
Welcome to the clubβyour diamond hands are still in training! ππ₯
74% of all realized BTC losses come from traders who bought just a month ago.
They call it the "Newbie Baptism"βbecause in crypto, you donβt make money unless you learn to HODL through the pain. ππ
Welcome to the clubβyour diamond hands are still in training! ππ₯
π10β€1
π¬ CZ Encourages Crypto HODLers on Twitter! π
In a recent tweet, CZ (Binance CEO) shared some words of reassurance for struggling crypto enthusiasts:
βreferring to where the market is post-halving and after similar dips in past cycles. π§
His message? Stay calmβcrypto markets have seen these lows before and bounced back. π
Itβs all part of the cycleβhold on tight, the rideβs not over yet! ππ
In a recent tweet, CZ (Binance CEO) shared some words of reassurance for struggling crypto enthusiasts:
βI donβt know how to read charts, but weβre hereβ
βreferring to where the market is post-halving and after similar dips in past cycles. π§
His message? Stay calmβcrypto markets have seen these lows before and bounced back. π
Itβs all part of the cycleβhold on tight, the rideβs not over yet! ππ
β€8π3
π Bitcoin Sell-Off: A Classic Breakout and Retest Setup? π
π΅οΈββοΈ Analysts from CoinDesk suggest that Bitcoinβs recent drop could be part of a βbreakout and retestβ pattern, which historically leads to bigger rallies.
π Hereβs the idea: After breaking past resistance levels (like the $73,757 mark last November), Bitcoin may revisit that level for confirmation. If it holds, expect a potential bullish bounce and a new rally.
This pattern has worked beforeβjust look at Bitcoin's moves in 2020 and 2023. π
But beware: if the price fails to bounce, it could signal deeper declines. π§
Is this the start of another rally? Only time will tell. β³
π Read More on CoinDesk
π΅οΈββοΈ Analysts from CoinDesk suggest that Bitcoinβs recent drop could be part of a βbreakout and retestβ pattern, which historically leads to bigger rallies.
π Hereβs the idea: After breaking past resistance levels (like the $73,757 mark last November), Bitcoin may revisit that level for confirmation. If it holds, expect a potential bullish bounce and a new rally.
This pattern has worked beforeβjust look at Bitcoin's moves in 2020 and 2023. π
But beware: if the price fails to bounce, it could signal deeper declines. π§
Is this the start of another rally? Only time will tell. β³
π Read More on CoinDesk
π7π2
π BNB Chain and TRON Lead in USDT Use πΈ
BNB Chain and TRON continue to dominate the stablecoin game, with 6.97M and 6.78M active addresses using USDT monthly. π
In 3rd place, we have Polygon with 1.39M active addresses, beating Ethereum (1.08M). Looks like the big chains are still leading the pack when it comes to stablecoin adoption! π
Which chain do you use for USDT?
π - Tron
π₯ - BNB
π³ - Ethereum
β‘οΈ - Polygon
π - Ton
π - Other
BNB Chain and TRON continue to dominate the stablecoin game, with 6.97M and 6.78M active addresses using USDT monthly. π
In 3rd place, we have Polygon with 1.39M active addresses, beating Ethereum (1.08M). Looks like the big chains are still leading the pack when it comes to stablecoin adoption! π
Which chain do you use for USDT?
π - Tron
π₯ - BNB
π³ - Ethereum
β‘οΈ - Polygon
π - Ton
π - Other
β€5π5π₯2π€©1π1
π₯· Hackers Steal $480M in ETH from Bybit, Convert to Bitcoin!
Hackers behind the Bybit exchange attack have moved over 209,000 ETH (~$480M) into Bitcoin, with a large portion ($240M) swapped via ThorChain, a decentralized cross-chain protocol. βοΈ
Since the attack, more than 161,000 ETH (~$370M) have been transferred through 3,934 transactions. FBI and blockchain investigators blame North Korean hacker group Lazarus, known for laundering through DeFi protocols. π
The total stolen exceeds 400,000 ETH (~$1.4B at the time), though some funds were frozen. ThorChain saw record trading volumes of $737M, while validators tried to block transfers, but decentralization overruled their decisions. π€·
Bybit has offered a reward of 15% for help freezing or recovering the stolen funds.
Hackers behind the Bybit exchange attack have moved over 209,000 ETH (~$480M) into Bitcoin, with a large portion ($240M) swapped via ThorChain, a decentralized cross-chain protocol. βοΈ
Since the attack, more than 161,000 ETH (~$370M) have been transferred through 3,934 transactions. FBI and blockchain investigators blame North Korean hacker group Lazarus, known for laundering through DeFi protocols. π
The total stolen exceeds 400,000 ETH (~$1.4B at the time), though some funds were frozen. ThorChain saw record trading volumes of $737M, while validators tried to block transfers, but decentralization overruled their decisions. π€·
Bybit has offered a reward of 15% for help freezing or recovering the stolen funds.
π9πΎ2β€1