WE JUST SAW THE LARGEST HACK IN CRYPTO HISTORY.
$5.6 BILLION just flowed out of Binance wallets across multiple blockchains.
Bitcoin suddenly dropped -$2,000 on the news and dropped below $79k, triggering a brutal $$600 million in long liquidations.
$80 billion erased from crypto in 15 minutes.
Tether and Circle acted fast and froze at least $2.316 billion in stablecoins.
CZ assures that user funds are safe, and will be fully covered. Binance says its investigation is still ongoing.
Bitcoin is now recovering.
$5.6 BILLION just flowed out of Binance wallets across multiple blockchains.
Bitcoin suddenly dropped -$2,000 on the news and dropped below $79k, triggering a brutal $$600 million in long liquidations.
$80 billion erased from crypto in 15 minutes.
Tether and Circle acted fast and froze at least $2.316 billion in stablecoins.
CZ assures that user funds are safe, and will be fully covered. Binance says its investigation is still ongoing.
Bitcoin is now recovering.
β€62π’16π12π₯7π€―5π3π1
Stop panic selling over the Binance hack.
Almost $3 billion is already frozen.
The real loss will be $1-2 billion.
CZβs net worth: $100 billion.
Binance annual revenue: $16 billion.
They can easily cover all user funds.
Almost $3 billion is already frozen.
The real loss will be $1-2 billion.
CZβs net worth: $100 billion.
Binance annual revenue: $16 billion.
They can easily cover all user funds.
β€57π€―7π7π€5π2π₯°1π1
π¨ BREAKING π¨
NORTH KOREA'S TRADERTRAITOR
(A LAZARUS GROUP UNIT) IS
RESPONSIBLE FOR THE $6.3 BILLION
BINANCE HACK, THE BIGGEST
CRYPTO HEIST IN HISTORY.
NORTH KOREA'S TRADERTRAITOR
(A LAZARUS GROUP UNIT) IS
RESPONSIBLE FOR THE $6.3 BILLION
BINANCE HACK, THE BIGGEST
CRYPTO HEIST IN HISTORY.
π€―50π±19β€14π7π₯5π5π¨βπ»4π€2π1π1
We saw how Bitcoin reacted to the Bybit hack in 2025. Now, with the massive Binance hack, all eyes are on how BTC reacts this time.
FEB. 21, 2025: $1.5B Bybit hack
-BTC dropped around 3.5% after the news.
-Price rejected the 50-day moving average (DMA 50) and continued lower.
-Two days later, Trumpβs tariff comments added more pressure to global markets.
-BTC eventually found support around the DMA 200 near $80K and recovered.
OCT. 29, 2026 : $6.3B BINANCE hack with $3B frozen.
-This time, BTC dropped around 5.5%.
Once again, BTC rejected the DMA 50, near $82K, before breaking below the $79K support.
But thereβs another problem.
GLOBAL MARKETS ARE ALSO WEAK
Nasdaq 100: ~-2%
$GOOGL -13%
$AMZN -7%
$INTC -22%
And oil is trading above $100 which adds even more pressure to risk assets like crypto.
The interesting part is that both major exchange hacks saw BTC reject the DMA 50.
In the Bybit event, BTC eventually retested the DMA 200.
Today, the DMA 200 sits around $73K. If global weakness continues, a retest of $73K is possible.
BULLISH RECOVERY:
If BTC can reclaim and hold the $82K DMA 50, short-term confidence could return.
$82K = reclaim zone
$79K = key support
$73K = DMA 200 / deeper support
FEB. 21, 2025: $1.5B Bybit hack
-BTC dropped around 3.5% after the news.
-Price rejected the 50-day moving average (DMA 50) and continued lower.
-Two days later, Trumpβs tariff comments added more pressure to global markets.
-BTC eventually found support around the DMA 200 near $80K and recovered.
OCT. 29, 2026 : $6.3B BINANCE hack with $3B frozen.
-This time, BTC dropped around 5.5%.
Once again, BTC rejected the DMA 50, near $82K, before breaking below the $79K support.
But thereβs another problem.
GLOBAL MARKETS ARE ALSO WEAK
Nasdaq 100: ~-2%
$GOOGL -13%
$AMZN -7%
$INTC -22%
And oil is trading above $100 which adds even more pressure to risk assets like crypto.
The interesting part is that both major exchange hacks saw BTC reject the DMA 50.
In the Bybit event, BTC eventually retested the DMA 200.
Today, the DMA 200 sits around $73K. If global weakness continues, a retest of $73K is possible.
BULLISH RECOVERY:
If BTC can reclaim and hold the $82K DMA 50, short-term confidence could return.
$82K = reclaim zone
$79K = key support
$73K = DMA 200 / deeper support
β€31π’8π3π₯3π±1π€©1π1π1π1
We just witnessed one of the biggest financial heists in history, yet Bitcoin is holding up well with just a 4-5% dip.
Binance helped prevent a domino effect across the crypto industry by setting aside $6.34 BILLION in company funds to cover the losses.
Thatβs why the overall market impact hasn't been as bad as many expected.
Thankfully, weβre not seeing another FTX situation.
Binance helped prevent a domino effect across the crypto industry by setting aside $6.34 BILLION in company funds to cover the losses.
Thatβs why the overall market impact hasn't been as bad as many expected.
Thankfully, weβre not seeing another FTX situation.
π₯47β€13π’8π7π6π3π±1
BLOODY FRIDAY IS HAPPENING.
Everything is crashing at the same time today, as nearly $3 Trillion has been wiped out.
STOCKS: US, Japan, Korea, Turkey, China, and Taiwan stock indexes have erased $1.7 Trillion from their market value today.
PRECIOUS METALS: Gold and Silver have crashed to new yearly lows, wiping out $1.07 Trillion.
CRYPTO: The crypto market has wiped out almost $140 Billion today after Binance's hack.
BONDS: US bond yields are rising today, which means bonds are selling off.
And here's the most shocking part.
There's not a single news headline that can crash everything at once, but global markets are still dumping like crazy.
I think this is panic selling before US midterms, as everyone is expecting a renewed US-Iran war.
Everything is crashing at the same time today, as nearly $3 Trillion has been wiped out.
STOCKS: US, Japan, Korea, Turkey, China, and Taiwan stock indexes have erased $1.7 Trillion from their market value today.
PRECIOUS METALS: Gold and Silver have crashed to new yearly lows, wiping out $1.07 Trillion.
CRYPTO: The crypto market has wiped out almost $140 Billion today after Binance's hack.
BONDS: US bond yields are rising today, which means bonds are selling off.
And here's the most shocking part.
There's not a single news headline that can crash everything at once, but global markets are still dumping like crazy.
I think this is panic selling before US midterms, as everyone is expecting a renewed US-Iran war.
β€43π€13π₯°4π3π3π2π₯2π’2π2π±1
π©ΈBLACK FRIDAY
$1.7 TRILLION wiped out from US stocks today as AI stocks collapse.
$100,000,000,000 wiped out from crypto since Binance suffered the biggest heist in human history.
$1.7 TRILLION wiped out from US stocks today as AI stocks collapse.
$100,000,000,000 wiped out from crypto since Binance suffered the biggest heist in human history.
β€42π13π₯5π4π1
π¨BREAKINGπ¨
πΊπΈ PRESIDENT TRUMP SAYS HE IS LOOKING AT THE BINANCE HACK AFTER NORTH KOREA'S LAZARUS GROUP STOLE $6.36 BILLION.
πΊπΈ PRESIDENT TRUMP SAYS HE IS LOOKING AT THE BINANCE HACK AFTER NORTH KOREA'S LAZARUS GROUP STOLE $6.36 BILLION.
β€60π±19π15π₯10π3π1
18 years ago today, a stranger changed money forever.
On October 31, 2008, Satoshi Nakamoto sent a 9-page paper to a cryptography mailing list with an idea and a name nobody had heard before: "Bitcoin: A Peer-to-Peer Electronic Cash System."
Two months later, Satoshi mined the very first block and hid a London Times headline inside of it about banks on the brink of a second bailout. Days after, the first transaction on Bitcoin took place, with 10 BTC moving from Satoshi to Hal Finney.
By 2010, Bitcoin was real enough that Laszlo Hanyecz traded 10,000 of them for two pizzas.
Since then, $BTC has grown far beyond what anyone could have imagined, even without its creator.
It survived four halvings, became legal tender in El Salvador, Wall Street got spot ETFs, the US government created a Strategic Bitcoin Reserve, and in October 2025, it touched an all-time high of $126,198.
Happy 18th Birthday, Bitcoin! ππ§‘
On October 31, 2008, Satoshi Nakamoto sent a 9-page paper to a cryptography mailing list with an idea and a name nobody had heard before: "Bitcoin: A Peer-to-Peer Electronic Cash System."
Two months later, Satoshi mined the very first block and hid a London Times headline inside of it about banks on the brink of a second bailout. Days after, the first transaction on Bitcoin took place, with 10 BTC moving from Satoshi to Hal Finney.
By 2010, Bitcoin was real enough that Laszlo Hanyecz traded 10,000 of them for two pizzas.
Since then, $BTC has grown far beyond what anyone could have imagined, even without its creator.
It survived four halvings, became legal tender in El Salvador, Wall Street got spot ETFs, the US government created a Strategic Bitcoin Reserve, and in October 2025, it touched an all-time high of $126,198.
Happy 18th Birthday, Bitcoin! ππ§‘
π₯57β€37π₯°5π³5π2π¨βπ»2π1
Bitcoin dropped from the daily MA 50 near $82,000 back below $77,000, and the Binance hack added pressure with over $1.3 billion in longs wiped in 24 hours.
Oil's above $100 and big tech earnings disappointed, so risk assets are bleeding everywhere.
Here's where I'm watching:
1. Weekly MA 50: $75,800
2. Daily MA 200: $73,150
I think we test these before any real bounce.
If you missed July, this could be your second chance.
Next major event is the Nov 3 midterms, with markets pricing lower GOP odds.
Oil's above $100 and big tech earnings disappointed, so risk assets are bleeding everywhere.
Here's where I'm watching:
1. Weekly MA 50: $75,800
2. Daily MA 200: $73,150
I think we test these before any real bounce.
If you missed July, this could be your second chance.
Next major event is the Nov 3 midterms, with markets pricing lower GOP odds.
π23π€―7β€6π5π±3π₯1
Ash Crypto
Which Altcoin should I analyze next?
$XRP is currently trading within the weekly range of $0.99β$1.50.
After reclaiming the 1W MA200 in August, XRP has now lost it again.
To avoid further selling pressure, XRP needs to reclaim and close the weekly candle above the $1.32 key level.
Resistance: $1.50
Support: $0.99
After reclaiming the 1W MA200 in August, XRP has now lost it again.
To avoid further selling pressure, XRP needs to reclaim and close the weekly candle above the $1.32 key level.
Resistance: $1.50
Support: $0.99
π₯17β€13π7