Cointelegraph
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The Future of Money
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Cointelegraph
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395K subscribers
Cointelegraph
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NEW: Chicago's Metropolitan Capital Bank & Trust was this year's first bank to fail.
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TOM LEE: "BitMine well positioned as ethereum $ETH is the future of finance"
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NOW: US Treasury sanctions Iran-linked crypto exchanges, crossing into crypto for the first time.
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REKT: Over $400M in longs were liquidated in the past 4 hours.
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PAIN: Bitcoin just dropped below $79K.
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NOW: The Total Crypto Market lost $140B in just 4 hours.
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HUGE: Cango mined 108 $BTC this week.
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REKT: $BTC lost $8k in 2 days.
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MOVE: Abraxas Capital sent 2,038 $BTC to Kraken.
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MASSIVE: Tether has more gold than most central banks.
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HUGE: U.S. Bitcoin miners are powering down as a brutal winter storm sends electricity costs soaring and hash rates plunging.
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MARKET: $BTC needs to add $10,000 to liquidated $5B in longs.
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UPDATE: $BTC hits the 'Fire Sale' zone for the first time since December 2023.
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MASSIVE: The Stablecoin Market Cap added $87B in the past year.
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UPDATE: BitMineโs ETH treasury is $6B underwater as leverage snaps and liquidity vanishes.
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CZ: "Now is the best time to educate people about crypto."
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UPDATE: The US Government still holds over 328K Bitcoin while China and the UK only have 194K and 61K respectively.
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MARKET: Yesterday saw the highest single-day liquidations since October 10th.
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MARKET: This is now ETH's 3rd worst Q1.
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