📉 Short Sellers Retreating
CryptoQuant reports a steady decline in the cumulative volume of bearish taker orders on exchanges. 👀
This suggests that short sellers are gradually leaving the market, potentially indicating growing optimism or reduced bearish pressure. 🚫🐻
Could this be a sign of a market shift? 🤔🚀
CryptoQuant reports a steady decline in the cumulative volume of bearish taker orders on exchanges. 👀
This suggests that short sellers are gradually leaving the market, potentially indicating growing optimism or reduced bearish pressure. 🚫🐻
Could this be a sign of a market shift? 🤔🚀
Thomas John Sfraga, known as "TJ Stone," was sentenced to 45 months in prison for defrauding investors of over $2M through fake real estate and crypto schemes. He used fictitious companies to lure victims and misused funds for personal expenses. Authorities continue cracking down on crypto-related fraud.
Please open Telegram to view this post
VIEW IN TELEGRAM
Analysts highlight the BCMI index—currently below 0.5—as a sign of market hesitation. With no signs of overheating yet, BTC faces two paths: a healthy pullback within the bull trend or an early shift into a bear phase, breaking from historical cycles.
Please open Telegram to view this post
VIEW IN TELEGRAM
🎉 Ethena x MEXC Crypto Wednesday – Trade $ENA Futures, Enjoy 0 Fees & $10,000 Prize! 🎉
🏆 Rewards Allocation:
🌟 New Users' Sign up Bonus: 100 lucky winners, 20 USDT each!
🌟 New Users' Trading Bonus: 50 lucky winners, 200 $ENA each!
🌟 Existing Users' Trading Bonus: 100 lucky winners, 100 $ENA each!
🎯 How to participate:
1️⃣ Sign up here if you're new to MEXC 👉 HERE
2️⃣ Trade $ENA futures with 0 fees on MEXC 👉 HERE
3️⃣ Share your $ENA futures trading PnL in the comment below 👉 HERE
4️⃣ Complete tasks and register via gleam to be eligible 👉 HERE
⏳ Event Duration: March 26th - March 29th, 10:00 AM UTC
🔗 Join the Ethena vibe to grab a share from the $1,000,000 prize pool 👉 HERE
#CommunityWednesday #ENA #Futures
🏆 Rewards Allocation:
🌟 New Users' Sign up Bonus: 100 lucky winners, 20 USDT each!
🌟 New Users' Trading Bonus: 50 lucky winners, 200 $ENA each!
🌟 Existing Users' Trading Bonus: 100 lucky winners, 100 $ENA each!
🎯 How to participate:
1️⃣ Sign up here if you're new to MEXC 👉 HERE
2️⃣ Trade $ENA futures with 0 fees on MEXC 👉 HERE
3️⃣ Share your $ENA futures trading PnL in the comment below 👉 HERE
4️⃣ Complete tasks and register via gleam to be eligible 👉 HERE
⏳ Event Duration: March 26th - March 29th, 10:00 AM UTC
🔗 Join the Ethena vibe to grab a share from the $1,000,000 prize pool 👉 HERE
#CommunityWednesday #ENA #Futures
Crypto Speak: Honeypot
A “honeypot” in crypto is a trap for unscrupulous investors.
Usually, it is a smart contract or a project in which you can invest money but cannot withdraw it.
For example, people who love investing in shitcoins can easily fall into a honeypot. You can buy a shitcoin on a DEX when its price starts pumping; however, if it grows by 100x, you’ll notice that you can’t sell it, with the DEX indicating a “smart contract error.”
A “honeypot” in crypto is a trap for unscrupulous investors.
Usually, it is a smart contract or a project in which you can invest money but cannot withdraw it.
For example, people who love investing in shitcoins can easily fall into a honeypot. You can buy a shitcoin on a DEX when its price starts pumping; however, if it grows by 100x, you’ll notice that you can’t sell it, with the DEX indicating a “smart contract error.”
🚨 Arthur Hayes on BTC Correction
📉 Bitcoin Dipped to $80K, Now at $82K – More Downside Ahead?
🤔"An ugly start to the week..." — Arthur Hayes warns that Bitcoin could retest $78K, and if it fails, $75K is next.
With a large options open interest (OI) between $70K-$75K, a drop into this range could trigger high volatility. Buckle up! 🎢
📉 Bitcoin Dipped to $80K, Now at $82K – More Downside Ahead?
🤔"An ugly start to the week..." — Arthur Hayes warns that Bitcoin could retest $78K, and if it fails, $75K is next.
With a large options open interest (OI) between $70K-$75K, a drop into this range could trigger high volatility. Buckle up! 🎢
Binance has launched “Vote to List” and “Vote to Delist”, allowing users to choose which tokens get listed or removed. The exchange pledged not to profit from listings, will disclose project marketing expenses, and distribute listing budget tokens via airdrops. This initiative aims to increase transparency and user involvement in Binance’s listing process.
Please open Telegram to view this post
VIEW IN TELEGRAM
Thomas John Sfraga, known as "TJ Stone," was sentenced to 45 months in prison for defrauding investors of over $2M through fake real estate and crypto schemes. He used fictitious companies to lure victims and misused funds for personal expenses. Authorities continue cracking down on crypto-related fraud.
Please open Telegram to view this post
VIEW IN TELEGRAM
📉 ETH Hits 5-Year Low Against BTC (0.02193) 😨
Ethereum has fallen to a 5-year low against Bitcoin, dropping by 39% in the year following the halving. The last time ETH lagged behind BTC by such a margin was in Q3 2019, when it hit 0.0164 (-46%).
This decline highlights the ongoing pressure ETH faces compared to Bitcoin, raising questions about the future dynamics between the two leading cryptocurrencies. 🤔
Ethereum has fallen to a 5-year low against Bitcoin, dropping by 39% in the year following the halving. The last time ETH lagged behind BTC by such a margin was in Q3 2019, when it hit 0.0164 (-46%).
This decline highlights the ongoing pressure ETH faces compared to Bitcoin, raising questions about the future dynamics between the two leading cryptocurrencies. 🤔
Crypto speak: JOMO
This is the direct opposite of FOMO, fear of missing out. JOMO stands for “joy of missing out,” which is when you rejoice in the possibility of missing out.
It sounds paradoxical, but zen crypto enthusiasts know this feeling: When everyone gives in to suspect FUD and FOMO, which eventually leads to poor decisions, a person with JOMO looks on with a smile from the sidelines and stays on course with a sense of control.
And, of course, afterwards, they get even more pleasure when they see that the crowd was wrong and lost money (classic schadenfreude). After all, most decisions made under the influence of FOMO and FUD turn out to be harmful and ineffective.
This is the direct opposite of FOMO, fear of missing out. JOMO stands for “joy of missing out,” which is when you rejoice in the possibility of missing out.
It sounds paradoxical, but zen crypto enthusiasts know this feeling: When everyone gives in to suspect FUD and FOMO, which eventually leads to poor decisions, a person with JOMO looks on with a smile from the sidelines and stays on course with a sense of control.
And, of course, afterwards, they get even more pleasure when they see that the crowd was wrong and lost money (classic schadenfreude). After all, most decisions made under the influence of FOMO and FUD turn out to be harmful and ineffective.
Investors are ignoring the risks and continuing to put more into bitcoin than planned, analysts at JPMorgan report.
Please open Telegram to view this post
VIEW IN TELEGRAM
The recently listed spot bitcoin exchange-traded funds in the United States continue to vacuum up bitcoins — now holding roughly 4% of the entire 21 million supply. Yesterday, total net inflows into U.S.-listed spot bitcoin ETFs were $472.6 million, according to data from BitMEX Research. At the same time, Fidelity's FBTC spot bitcoin ETF saw a record single-day net inflow of $473.4 million.
Source
Please open Telegram to view this post
VIEW IN TELEGRAM
Over the past 24 hours, 197,853 traders were liquidated, the total amount of liquidations is ~ $657.03 million😱
The largest single liquidation order occurred on Binance -💲 BTC/USDT worth $8.23M
The largest single liquidation order occurred on Binance -
Please open Telegram to view this post
VIEW IN TELEGRAM
BlackRock is hosting the Institutional Digital Assets Summit tomorrow.
Their💰 Bitcoin ETF is the best performing ETF in 2024, and their only listed digital asset product.
It's basically going to be a Bitcoin sales conference for institutions... 😎 🚀
Their
It's basically going to be a Bitcoin sales conference for institutions... 😎 🚀
Please open Telegram to view this post
VIEW IN TELEGRAM