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Update yourself with the latest crypto news recap: 1) Argentina's President Javier Milei declares the closure of the Central Bank. 2) #Netflix invests $11 million in a film production company, resulting in a complete loss through stock options trading. 3) #SEC Commissioner endorses the approval of a Spot Bitcoin ETF. 4) #Binance CEO ChangPeng Zhao (CZ) is released on a $175 million bond and pleads guilty to violating criminal anti-money laundering requirements. 5) #SamAltman is rehired as OpenAI CEO. 6) #KyberSwap offers a 10% bounty to the attacker who made off with $50M. 7) Victory Securities, a #HongKong investment firm, secures a retail crypto trading license from the SFC. 8) State Bank of #India debuts a mobile app for the digital rupee on iOS and Android. 9) #Nansen, a crypto analytics platform, confronts a phishing attack using compromised emails for a fake 'Nansen Airdrop.' 10) Montenegrin court greenlights the extradition of #Terra founder Do Kwon to South Korea or the US. 11) #JPMorgan anticipates GBTC could witness outflows of at least $2.7 billion upon its ETF conversion. 12) #Singapore reinforces regulations for Digital Payment Token (DPT) service providers, focusing on conduct, access, and cyber risk management. 13) Raiffeisen Bank International aims to launch #cryptocurrency trading services for retail customers in Vienna by January 2024, in collaboration with Bitpanda. 14) #Zipmex exchange halts trading activities in Thailand. 15) #Coinbase stock price attains its highest value since May 2022. 16) #JustinSun Withdraws Liquidity from DeFi Sun.IO, Deposits Stablecoins into Binance. 17) Huang Licheng, also known as Brother Maji, deposits 3,000 ETH (approximately $6.22 million) into Blast. 18) #Chainlink announces that Chainlink Staking v0.2 will be launched in three days. 19) #Tether and #OKX announced the largest-ever freeze of USDT in history, worth around $225 million. 20) #Bitcoin hashrate hits 500EH/s for the first time. Be updated, be safe!
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🚩 Technical Analysis/Look-Ahead/Behavioral Insights: Our past Sunday reports accurately forecasted Bitcoin's price movements between $34,000 and $38,500. Recently, we've been shorting Bitcoin in the $38,000 to $38,500 range, benefiting from these positions. We partially closed positions expecting a rise from $36,000 to $38,500, then reopened shorts at $38,500, which were triggered last Friday. Currently, Bitcoin is oscillating between $38,500 resistance and the MA20. We're monitoring for either a breakout above $38,500 or a drop towards the $33,000 area. Our strategy remains the same: maintain shorts around $38,500 with a stop loss at entry, ready for either scenario. 🚨 Strategy Update: While Bitcoin hovers in this range, focus shifts to altcoins, which react differently to Bitcoin's price changes. Despite market fluctuations, we're holding onto our Bitcoin and altcoins purchased at lower prices. The plan is to keep shorts open at $38,500, balancing them with our spot holdings. Short-Term Outlook: Bearish on Bitcoin unless it breaks above $38,500. Watch out for the upcoming OPEC-JMMC meeting and Jerome Powell's speech, as these could significantly impact market volatility.
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Shortly, we will witness the fall of the greatest superpower imaginable, the USA, which has long ceased to be the country it claims to be. The year 2008 is about to replay. Soon, we will all feel the consequences of its actions. The rich get richer, the poor poorer, and the middle class will vanish. Soon, 95% of the world will be poor, forced to obey the remaining 5%. Bitcoin has the potential to make you part of that 5%. It may take a year or 15, but if we have it, it will be safe. #btctoday #safu #BTC #ETH #
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America, which is soon to go bankrupt, is kicking out in desperation. A short on America is approaching, and it will impact everyone. And now, they're trying it with Binance. #binance #SAFU🙏 #4
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During the #Kraken FUD, the following cryptocurrencies may not be secure: - Solana (SOL) - Cardano (ADA) - Polygon (MATIC) - Internet Computer (ICP) - Cosmos (ATOM) - Algorand (ALGO) - Sandbox (SAND) - Decentraland (MANA) - Chiliz (CHZ) #Kraken
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