Thread:
1/25
Some sources suggesting that $TRX may be under investigation by US regulators & have US exposure (related to Bittorrent and Poloniex) stemming from recent court filings in New York
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1/25
Some sources suggesting that $TRX may be under investigation by US regulators & have US exposure (related to Bittorrent and Poloniex) stemming from recent court filings in New York
— read more
Bitcoin dropped 16% yesterday and most of the selling pressure came from Asia.
- South Korea's Bithumb saw a $100m deposit, which is unusually big.
- $BTC recovered strongly as U.S. came online, Coinbase premium re-emerged.
The market is WAY less overleveraged now.
Why is it still dropping?
There's still high selling pressure coming from Asia during the Asia session.
Many stacked sell orders at $34.3k, $33k, whale cluster support at $29.3k.
Basically, chop city, no clear direction. Be ware. — link
- South Korea's Bithumb saw a $100m deposit, which is unusually big.
- $BTC recovered strongly as U.S. came online, Coinbase premium re-emerged.
The market is WAY less overleveraged now.
Why is it still dropping?
There's still high selling pressure coming from Asia during the Asia session.
Many stacked sell orders at $34.3k, $33k, whale cluster support at $29.3k.
Basically, chop city, no clear direction. Be ware. — link