🚨SANTOS / USDT : 4H
• The price is currently moving in an uptrend above the 50 Exponential Moving Average. It is forming an ascending triangle pattern, which suggests a potential continuation of the bullish trend and the formation of new highs.
• It's advisable to wait for the price to break out of the pattern and surpass the $5.22 level on the upside before considering a long position.
Buy : $5.22
TP : $6.97
SL : $4.33
• The price is currently moving in an uptrend above the 50 Exponential Moving Average. It is forming an ascending triangle pattern, which suggests a potential continuation of the bullish trend and the formation of new highs.
• It's advisable to wait for the price to break out of the pattern and surpass the $5.22 level on the upside before considering a long position.
Buy : $5.22
TP : $6.97
SL : $4.33
🚨 Breaking: OKX to Compensate Users After Shock 48% $OKB Flash Crash
Yesterday, $OKB mysteriously plunged -48% in minutes before recovering.
#OKX now pledges to reimburse abnormal liquidations.️
But questions remain about the crash’s trigger after dormant whales awakened...
➡️ 10 wallets laying inactive since receiving 176K $OKB in 2020 suddenly came and Sold.
➡️ Deposited their full stash onto #OKX exchange on Jan 16.
➡️ Then days later, $OKB crashes -48% in minutes.
Too coincidental?
Time will tell if these whales precipitated the plunge.️
For now, OKX aims to make users whole again within 72 hours.
But this highlights crypto’s risks.
➡️ As always, not your keys, not your coins.
The custody lesson endures.
#CryptoPatel
Yesterday, $OKB mysteriously plunged -48% in minutes before recovering.
#OKX now pledges to reimburse abnormal liquidations.️
But questions remain about the crash’s trigger after dormant whales awakened...
➡️ 10 wallets laying inactive since receiving 176K $OKB in 2020 suddenly came and Sold.
➡️ Deposited their full stash onto #OKX exchange on Jan 16.
➡️ Then days later, $OKB crashes -48% in minutes.
Too coincidental?
Time will tell if these whales precipitated the plunge.️
For now, OKX aims to make users whole again within 72 hours.
But this highlights crypto’s risks.
➡️ As always, not your keys, not your coins.
The custody lesson endures.
#CryptoPatel
Bitcoin Pricew update:
As of today, the Bitcoin price is $40,038.88, a change of 1.12% over the past 24 hours. The current Fear and Greed Index value is 48, indicating a sentiment of ‘Neutral’ in the market.
Bitcoin prices recently declined nearly 19% to $39,770 following the U.S. spot ETFs debut.
As of today, the Bitcoin price is $40,038.88, a change of 1.12% over the past 24 hours. The current Fear and Greed Index value is 48, indicating a sentiment of ‘Neutral’ in the market.
Bitcoin prices recently declined nearly 19% to $39,770 following the U.S. spot ETFs debut.
Crypto Patel
Bitcoin Spot ETF Flow - Day 8 As others have already reported, net outflow on day 8 of -$106m. Total flow from the ETFs after 8 day is an inflow of +$982.9m
As for the race, Blackrock still in the lead, total flow after 8 days:
1. Blackrock +$1,849.5m 🥇
2. Fidelity +$1,599.1m 🥈
3. Bitwise +$518.3m🥉
...
10. GBTC -$3,962.7m
1. Blackrock +$1,849.5m 🥇
2. Fidelity +$1,599.1m 🥈
3. Bitwise +$518.3m🥉
...
10. GBTC -$3,962.7m
Crypto Patel
As for the race, Blackrock still in the lead, total flow after 8 days: 1. Blackrock +$1,849.5m 🥇 2. Fidelity +$1,599.1m 🥈 3. Bitwise +$518.3m🥉 ... 10. GBTC -$3,962.7m
There have now been 4 net inflow days and 4 net outflow days, as the outflows from GBTC continue
The chart after day 8 is as follows.
The chart after day 8 is as follows.
Crypto Patel
There have now been 4 net inflow days and 4 net outflow days, as the outflows from GBTC continue The chart after day 8 is as follows.
Now all the data again, but in Bitcoin terms :
* Total inflow flow in 8 days of 21,362.5 BTC for all ETFs
* Total GBTC outflow in 8 days of 98,296 BTC
* Total inflow flow in 8 days of 21,362.5 BTC for all ETFs
* Total GBTC outflow in 8 days of 98,296 BTC
Crypto Patel
Now all the data again, but in Bitcoin terms : * Total inflow flow in 8 days of 21,362.5 BTC for all ETFs * Total GBTC outflow in 8 days of 98,296 BTC
Here is the race in Bitcoin terms. Pretty close between Balckrock and Fidelity at the top
Crypto Patel
Here is the race in Bitcoin terms. Pretty close between Balckrock and Fidelity at the top
Finally, here is the daily flow chart in BTC terms
🚨MAGIC / USDT : 1D
• The price is currently in an uptrend, forming higher highs (HHs) and higher lows (HLs) structure. After breaking out of the previous resistance, the price is now retracing and finding support at the previous resistance zone.
• We can expect the price to bounce back from this support and potentially test its previous swing high. It's advisable to wait for the price to test the support zone around the $0.8500 level and look for a bounce as confirmation before considering a long position.
Buy : $0.905
TP : $1.292
SL : $0.744
• The price is currently in an uptrend, forming higher highs (HHs) and higher lows (HLs) structure. After breaking out of the previous resistance, the price is now retracing and finding support at the previous resistance zone.
• We can expect the price to bounce back from this support and potentially test its previous swing high. It's advisable to wait for the price to test the support zone around the $0.8500 level and look for a bounce as confirmation before considering a long position.
Buy : $0.905
TP : $1.292
SL : $0.744
Grayscale deposited 14,487 $BTC($579M) to #Coinbase and 4,750 $BTC($189.8M) to new wallets again 20 mins ago.
#Grayscale has deposited 93,700 $BTC($3.85B) to #CoinbasePrime since the #ETF was passed.
#Grayscale has deposited 93,700 $BTC($3.85B) to #CoinbasePrime since the #ETF was passed.
World Indices :
SPX - 4,864.60 (0.29%)
Cryptocurrencies :
Bitcoin USD - 39,945.37 (2.81%)
Ethereum USD - 2,225.79 (1.21%)
Commodities :
Silver - 22.97 (2.24%)
Gold - 2,033.90 (0.4%)
Crude - 74.83 (0.62%)
SPX - 4,864.60 (0.29%)
Cryptocurrencies :
Bitcoin USD - 39,945.37 (2.81%)
Ethereum USD - 2,225.79 (1.21%)
Commodities :
Silver - 22.97 (2.24%)
Gold - 2,033.90 (0.4%)
Crude - 74.83 (0.62%)
The 2024 #Bitcoin Supply Crunch Cometh
In just 9 days of ETF trading:
🟢 ~1,20,000 $BTC bought by #ETFs
🟢 Grayscale sold ~1,00,000 BTC
🟢 27K mined/month today
🟢 13.5K to be mined post-halving
Simple math:
🟢 New ETF demand outweighs
🟢 Selling pressure &
🟢 Dilution from new supply
Once #Grayscale unwinding slows, brace for fireworks as hodlers like yours truly continue stacking sats.
With the trifecta of:
🟢 Surging institutional inflows
🟢 Decelerating miner selling
🟢 Plus supply shock from halving
2024 promises a supply-driven #BTC melt-up for the ages.
Stack sats & hold on tight!
In just 9 days of ETF trading:
🟢 ~1,20,000 $BTC bought by #ETFs
🟢 Grayscale sold ~1,00,000 BTC
🟢 27K mined/month today
🟢 13.5K to be mined post-halving
Simple math:
🟢 New ETF demand outweighs
🟢 Selling pressure &
🟢 Dilution from new supply
Once #Grayscale unwinding slows, brace for fireworks as hodlers like yours truly continue stacking sats.
With the trifecta of:
🟢 Surging institutional inflows
🟢 Decelerating miner selling
🟢 Plus supply shock from halving
2024 promises a supply-driven #BTC melt-up for the ages.
Stack sats & hold on tight!
Grayscale deposited $72,94,80,000 ( 18,237 $BTC ) to CoinbasePrime and 3952.541 #BTC ($158M) to new wallets.
#Grayscale has deposited ~100k+ BTC ( $4B ) to #CoinbasePrime since the #ETF was passed.
And currently holds ~515,649 #Bitcoin ( ~$20B )
#Grayscale has deposited ~100k+ BTC ( $4B ) to #CoinbasePrime since the #ETF was passed.
And currently holds ~515,649 #Bitcoin ( ~$20B )
🚨RVN / USDT : 4H
• The price is currently trading in a downtrend, while respecting 50 Exponential Moving Average (EMA) as resistance.
• It is anticipated that the price will retrace towards the resistance zone and potentially revert back from there to form a new low, as the price is likely to continue its downward trend.
• Therefore, it's advisable to wait for the retracement to the entry level before considering a short position.
Sell : $0.0183
TP : $0.0165
SL : $0.0196
• The price is currently trading in a downtrend, while respecting 50 Exponential Moving Average (EMA) as resistance.
• It is anticipated that the price will retrace towards the resistance zone and potentially revert back from there to form a new low, as the price is likely to continue its downward trend.
• Therefore, it's advisable to wait for the retracement to the entry level before considering a short position.
Sell : $0.0183
TP : $0.0165
SL : $0.0196
China in 2024 So Far:
1. China's biggest brokerage restricts short selling
2. China reportedly weighs a $280 billion stimulus package
3. China unexpectedly cuts reserve ratio for banks
4. China tells funds to stop shorting index futures
5. Hong Kong's stock index hits its lowest level in 2 decades on another side US Stocks Market Hitting Record HIGH
1. China's biggest brokerage restricts short selling
2. China reportedly weighs a $280 billion stimulus package
3. China unexpectedly cuts reserve ratio for banks
4. China tells funds to stop shorting index futures
5. Hong Kong's stock index hits its lowest level in 2 decades on another side US Stocks Market Hitting Record HIGH
Breaking News: Binance CEO Changpeng Zhao Facing Investigation
🔹 Allegations of a massive fraud scheme have surfaced, and CZ is seeking court permission for the 4th time to travel to the UAE, citing a family member's surgery.
🔹 Offering a staggering $4.5B in equity from Binance US as assurance, CZ's desperate attempts raise eyebrows. Is this a bold move or an admission of guilt?
🔹 The question remains:
Will he return if granted permission, or is this a calculated attempt to vanish?
The crypto world is on edge as the drama unfolds.
Stay tuned for updates.
🔹 Allegations of a massive fraud scheme have surfaced, and CZ is seeking court permission for the 4th time to travel to the UAE, citing a family member's surgery.
🔹 Offering a staggering $4.5B in equity from Binance US as assurance, CZ's desperate attempts raise eyebrows. Is this a bold move or an admission of guilt?
🔹 The question remains:
Will he return if granted permission, or is this a calculated attempt to vanish?
The crypto world is on edge as the drama unfolds.
Stay tuned for updates.
Celsius Surges with $661M ETH Deposits in 63 Days!
1️⃣ Celsius Network deposited 36,000 ETH (worth $80 million) to Coinbase, OKX, and FalconX within a 35-hour period.
2️⃣ The company has deposited a total of 298,760 ETH (around $661 million) to these platforms in just 63 days.
3️⃣ Currently, Celsius holds 522,029.60 ETH (equivalent to $1.157 billion) in its wallet.
The wallet address:
https://etherscan.io/address/0x41318419cfa25396b47a94896ffa2c77c6434040
1️⃣ Celsius Network deposited 36,000 ETH (worth $80 million) to Coinbase, OKX, and FalconX within a 35-hour period.
2️⃣ The company has deposited a total of 298,760 ETH (around $661 million) to these platforms in just 63 days.
3️⃣ Currently, Celsius holds 522,029.60 ETH (equivalent to $1.157 billion) in its wallet.
The wallet address:
https://etherscan.io/address/0x41318419cfa25396b47a94896ffa2c77c6434040