Hedge funds continue to dump Big Tech.
According to Goldman Sachs, hedge funds sold off the second-largest amount of tech stocks in the last 5 years.
Only more was sold at the beginning of August 2024.
The main activity was focused on American tech giants — 75% of net sales.
Even in the early stages of the bear market in 2022, there was no such rapid exit from the sector.
Technology leads in losses this quarter: the Nasdaq 100 has fallen by 13% over the last 6 weeks.
PatternsHunter
According to Goldman Sachs, hedge funds sold off the second-largest amount of tech stocks in the last 5 years.
Only more was sold at the beginning of August 2024.
The main activity was focused on American tech giants — 75% of net sales.
Even in the early stages of the bear market in 2022, there was no such rapid exit from the sector.
Technology leads in losses this quarter: the Nasdaq 100 has fallen by 13% over the last 6 weeks.
PatternsHunter
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BNB Chain removed the gas fee.
Until June 30, transfers, withdrawals, and bridging of $FDUSD, $USDC, and $USDT in the BSC and opBNB networks — no fees.
PatternsHunter
Until June 30, transfers, withdrawals, and bridging of $FDUSD, $USDC, and $USDT in the BSC and opBNB networks — no fees.
PatternsHunter
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The US government has no plans for Dogecoin ($DOGE).
Musk denied rumors about the possible use of $DOGE at the state level.
He called Dogecoin "the people's crypto," but emphasized that this is not about serious initiatives.
PatternsHunter
Musk denied rumors about the possible use of $DOGE at the state level.
He called Dogecoin "the people's crypto," but emphasized that this is not about serious initiatives.
PatternsHunter
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A new day — a new ATH.
Since October 2023, gold has added $8.5 trillion to its market capitalization.
In the last 12 months, we have seen over 50 new historical highs.
PatternsHunter
Since October 2023, gold has added $8.5 trillion to its market capitalization.
In the last 12 months, we have seen over 50 new historical highs.
PatternsHunter
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Strategy bought 22,048 $BTC.
From March 24 to March 30, Michael Saylor's company purchased Bitcoin worth $1.92 billion at an average price of $86,969.
This is the largest $BTC purchase in the company's history.
Strategy (MicroStrategy) has 528,185 $BTC on its balance sheet.
PatternsHunter
From March 24 to March 30, Michael Saylor's company purchased Bitcoin worth $1.92 billion at an average price of $86,969.
This is the largest $BTC purchase in the company's history.
Strategy (MicroStrategy) has 528,185 $BTC on its balance sheet.
PatternsHunter
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Circle is preparing for an IPO in April.
The issuer of the stablecoin $USDC — the company Circle — has filed for an IPO in the USA and is relocating its headquarters to New York, at One World Trade Center.
PatternsHunter
The issuer of the stablecoin $USDC — the company Circle — has filed for an IPO in the USA and is relocating its headquarters to New York, at One World Trade Center.
PatternsHunter
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Tether purchased 8,888 $BTC.
At the border of quarters, Tether acquired 8,888 $BTC for a total of $735.04 million. This occurred either on the last day of Q1 or on the first day of Q2 — depending on the interpretation of the time zone.
The total volume of the company's Bitcoin reserves now amounts to 100,521 $BTC, which is equivalent to $8.29 billion.
Source:
intel.arkm.com/explorer/token…
PatternsHunter
At the border of quarters, Tether acquired 8,888 $BTC for a total of $735.04 million. This occurred either on the last day of Q1 or on the first day of Q2 — depending on the interpretation of the time zone.
The total volume of the company's Bitcoin reserves now amounts to 100,521 $BTC, which is equivalent to $8.29 billion.
Source:
intel.arkm.com/explorer/token…
PatternsHunter
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On April 5, the USA will publish the results of the digital asset audit.
This will be the first comprehensive report on the government's crypto reserves in history.
Current estimates suggest that the USA holds about 200,000 $BTC (approximately $16 billion). The audit is expected to clarify whether the government also owns $XRP, $SOL, $ADA, and other crypto assets.
PatternsHunter
This will be the first comprehensive report on the government's crypto reserves in history.
Current estimates suggest that the USA holds about 200,000 $BTC (approximately $16 billion). The audit is expected to clarify whether the government also owns $XRP, $SOL, $ADA, and other crypto assets.
PatternsHunter
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Americans may be allowed to invest retirement funds in crypto.
U.S. Senator Tommy Tuberville has reintroduced the Financial Freedom Act, which will allow Americans to invest retirement savings in cryptocurrency, including $BTC.
He referred to Trump as the "crypto president" and criticized the Biden administration for attempts to limit the financial freedom of citizens.
PatternsHunter
U.S. Senator Tommy Tuberville has reintroduced the Financial Freedom Act, which will allow Americans to invest retirement savings in cryptocurrency, including $BTC.
He referred to Trump as the "crypto president" and criticized the Biden administration for attempts to limit the financial freedom of citizens.
PatternsHunter
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Large players will buy quietly.
Binance is launching Spot Block Matching — a new feature for large OTC trades directly between traders, without the involvement of the order book.
Goal: Increase privacy, reduce slippage, and eliminate market impact.
Trading occurs through private settlement keys between the maker and the taker.
Applicable for large volumes. Entry is by whitelist through VIP support.
PatternsHunter
Binance is launching Spot Block Matching — a new feature for large OTC trades directly between traders, without the involvement of the order book.
Goal: Increase privacy, reduce slippage, and eliminate market impact.
Trading occurs through private settlement keys between the maker and the taker.
Applicable for large volumes. Entry is by whitelist through VIP support.
PatternsHunter
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The stablecoin $FDUSD has lost its peg to the dollar.
This led to a drop of 12% and a decrease in its market capitalization of more than $130 million at the moment.
PatternsHunter
This led to a drop of 12% and a decrease in its market capitalization of more than $130 million at the moment.
PatternsHunter
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Tokens at risk of delisting: Binance updated the tags.
The “monitoring” tag has been updated to include $ARDR, $BSW, $FLM, $LTO, $NKN, $PDA, $PERP, $VIB, $VOXEL, and $WING.
$JUP, $STRK, and $TON have been removed from the “Seed” tag.
Monitoring means checking for compliance with listing criteria, delisting is possible. Seed is a label for new, high-risk projects.
PatternsHunter
The “monitoring” tag has been updated to include $ARDR, $BSW, $FLM, $LTO, $NKN, $PDA, $PERP, $VIB, $VOXEL, and $WING.
$JUP, $STRK, and $TON have been removed from the “Seed” tag.
Monitoring means checking for compliance with listing criteria, delisting is possible. Seed is a label for new, high-risk projects.
PatternsHunter
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April 15 is an important day according to Hayes.
The market does not like "Liberation Day." If $BTC holds $76.5k until tax day in the USA — April 15, then we are saved.
PatternsHunter
The market does not like "Liberation Day." If $BTC holds $76.5k until tax day in the USA — April 15, then we are saved.
PatternsHunter
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CZ advises governments on crypto regulation.
Changpeng Zhao stated that he officially and unofficially helps several governments build crypto regulation and implement blockchain solutions to enhance efficiency.
According to him, blockchain goes beyond trading, and this work has a "deep meaning" for him.
PatternsHunter
Changpeng Zhao stated that he officially and unofficially helps several governments build crypto regulation and implement blockchain solutions to enhance efficiency.
According to him, blockchain goes beyond trading, and this work has a "deep meaning" for him.
PatternsHunter
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Trump on market reaction.
Everything is going very well.
The market will soon explode with growth.
Trump on March 6:
I do not watch the stock market.
PatternsHunter
Everything is going very well.
The market will soon explode with growth.
Trump on March 6:
I do not watch the stock market.
PatternsHunter
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Rates are good for $BTC.
Arthur Hayes:
Some of you are in a panic, while I LOVE rates. Here’s a bit of graphic pleasure to understand why.
Global imbalances will be eliminated, and pain will be masked by the printing press.
PatternsHunter
Arthur Hayes:
Some of you are in a panic, while I LOVE rates. Here’s a bit of graphic pleasure to understand why.
Global imbalances will be eliminated, and pain will be masked by the printing press.
PatternsHunter
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