President Trump provides an update on his 8 PM ET deadline for Iran tonight.
President Trump says:
1. The US is preparing to carry out "heavy strikes" against Iran if his 8 PM deadline is not met tonight
2. If negotiations with Iran make progress today and something
President Trump says:
1. The US is preparing to carry out "heavy strikes" against Iran if his 8 PM deadline is not met tonight
2. If negotiations with Iran make progress today and something
Bullish sentiment is emerging in the Bitcoin options market, with call options at an exercise price of $80,000 becoming the most concentrated betting target. Data shows that the notional open interest of $80,000 call options expiring at the end of June on the Deribit platform has surpassed $1.6 billion, leading all exercise prices. Meanwhile, the rise in implied volatility (IV) indicates that traders are pricing in significant price fluctuations.
Bitcoin Loss Addresses Hit New High
According to Glassnode, the number of BTC addresses in loss has surpassed 13M, marking a new cycle high.
This reflects widespread unrealized losses across the market, increasing the risk of:
* Panic-driven selling
* Overhead supply on rebounds
Key to watch:
If these holders start exiting, sell pressure could accelerate.
According to Glassnode, the number of BTC addresses in loss has surpassed 13M, marking a new cycle high.
This reflects widespread unrealized losses across the market, increasing the risk of:
* Panic-driven selling
* Overhead supply on rebounds
Key to watch:
If these holders start exiting, sell pressure could accelerate.
Forwarded from CGMW (orbitant)
Goldman jumping into the bitcoin ETF game.. with a filing for a Bitcoin Premium Income ETF
Forwarded from CGMW (orbitant)
WTI crude oil futures plummeted 9% during the day and are now trading at $82.96/barrel
Forwarded from CGMW (orbitant)
Bloomberg: SpaceX IPO expected to price in the week of June 15
ProtoCall (Official)
Btc (W) - probably bottoming
Btc (D) - Possible breakout from downtrend... Strategy is in profit now.
The short term bias is bullish while BTC holds above 72.3k, but price is now at a decision point. Break and close above 79.1k, and bulls likely stay in control for a move toward 81.9k. Fail here, and this could turn into another resistance rejection inside a broader recovery rather than a full breakout.
The short term bias is bullish while BTC holds above 72.3k, but price is now at a decision point. Break and close above 79.1k, and bulls likely stay in control for a move toward 81.9k. Fail here, and this could turn into another resistance rejection inside a broader recovery rather than a full breakout.
X says its cashtag trading pilot for stocks & crypto generated an estimated $1,000,000,000 in volume since launching this week.
ETH (D) - looks better in the short term and bulls have room to push while price holds above roughly 2.15k to 2.20k. Still, this is not a full trend reversal yet. A clean break above 2.72k would strengthen the recovery case and open the path toward 3k to 3.35k. If rejected here, ETH could slip back into range and retest the lower support zone.
The chart shows a major head and shoulders style breakdown already played out, with the neckline region around 3k now acting as overhead resistance. After the sharp selloff into the 1.7k to 1.9k area, ETH found support and bounced well, which makes the current zone around 2.34k to 2.44k important. Price is now trying to push through the lower resistance box, and if it can hold above that area, the next magnet is the upper box around 2.72k.
The chart shows a major head and shoulders style breakdown already played out, with the neckline region around 3k now acting as overhead resistance. After the sharp selloff into the 1.7k to 1.9k area, ETH found support and bounced well, which makes the current zone around 2.34k to 2.44k important. Price is now trying to push through the lower resistance box, and if it can hold above that area, the next magnet is the upper box around 2.72k.
Forwarded from CGMW (orbitant)
What just happened?
Yesterday, at 8:45 AM ET, Iran's Foreign Minister Araghchi announced that the Strait of Hormuz was "completely open" for all commercial vessels.
At 9:06 AM ET, President Trump thanked Iran for reopening the Strait.
Then, at 10:20 AM ET, Trump said Iran and the US were working together to remove all mines from the Strait of Hormuz.
Between 10:40 AM ET and 12:00 PM ET, President Trump said Iran agreed to "never close the Strait again" and to "suspend its nuclear program indefinitely."
Suddenly, at 6:14 PM ET, Iran's Speaker of the Parliament said Trump made "seven claims in one hour, all seven of which were false."
Now, Iran has CLOSED the Strait of Hormuz again and oil tankers are being struck.
What just happened behind the scenes?
Yesterday, at 8:45 AM ET, Iran's Foreign Minister Araghchi announced that the Strait of Hormuz was "completely open" for all commercial vessels.
At 9:06 AM ET, President Trump thanked Iran for reopening the Strait.
Then, at 10:20 AM ET, Trump said Iran and the US were working together to remove all mines from the Strait of Hormuz.
Between 10:40 AM ET and 12:00 PM ET, President Trump said Iran agreed to "never close the Strait again" and to "suspend its nuclear program indefinitely."
Suddenly, at 6:14 PM ET, Iran's Speaker of the Parliament said Trump made "seven claims in one hour, all seven of which were false."
Now, Iran has CLOSED the Strait of Hormuz again and oil tankers are being struck.
What just happened behind the scenes?
❤1
Forwarded from CGMW (orbitant)
The rsETH hack is so damaging because of how deeply integrated it is across DeFi.
91% of all lending protocols are seeing outflows simultaneously.
Here's the outflows over the past 24 hours:
1. Aave $4,920M –25.4%
2. Morpho V1 $608M –8.5%
3. Maple $1.7B $183M –10.7%
4. Tydro $246M $97M –39.6%
5. Fluid Lending $84M –11.4%
6. Jupiter Lend $72M –7.9%
7. Kamino Lend $71M –4.4%
8. Euler V2 $468M $50M –10.6%
9. JustLend $3.6B $41M –1.1%
There is a systemic risk off move happening for DeFi right now.
91% of all lending protocols are seeing outflows simultaneously.
Here's the outflows over the past 24 hours:
1. Aave $4,920M –25.4%
2. Morpho V1 $608M –8.5%
3. Maple $1.7B $183M –10.7%
4. Tydro $246M $97M –39.6%
5. Fluid Lending $84M –11.4%
6. Jupiter Lend $72M –7.9%
7. Kamino Lend $71M –4.4%
8. Euler V2 $468M $50M –10.6%
9. JustLend $3.6B $41M –1.1%
There is a systemic risk off move happening for DeFi right now.
Aave TVL down $8.45B in 48 hours to $17.9B.
DeFi total dropped from $99.5B to $86.3B in two days. Aave accounts for 64% of that decline.
The largest lending protocol just lost the equivalent of a major L1 ecosystem in under a week.
DeFi total dropped from $99.5B to $86.3B in two days. Aave accounts for 64% of that decline.
The largest lending protocol just lost the equivalent of a major L1 ecosystem in under a week.