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3.4 Years
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just another MF
✨ Want $2? Just visit my profile and open the pinned post — congrats to all winners! 💚
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WALRUS
#walrus is changing the way data storage works for AI.
Built on the Sui network,$WAL is a decentralized protocol designed to handle the large datasets that modern AI systems depend on. Data stored on Walrus is verifiable, secure, and owned by its users — and for the first time, data providers can earn value directly from it. The WAL token sits at the center of the system, powering payments, staking, and governance.
As AI adoption accelerates into 2026, Walrus introduces a new kind of on-chain data market. It allows AI builders and data owners to interact in a transparent, trust-minimized environment that traditional storage systems simply don’t offer.
At the technical level, Walrus uses erasure coding. In simple terms, data is split into multiple pieces, combined with recovery information, and distributed across many nodes. Even if some pieces are lost, the system can fully restore the data. WAL tokens incentivize node operators, ensuring performance and reliability even under heavy data demand.
Walrus also runs on a delegation staking model. WAL holders support nodes by staking tokens, which increases both network security and individual influence. Stakers participate in governance decisions and earn a share of storage fees, creating strong incentives for honest behavior and long-term reliability.
Storage payments are made in WAL, measured precisely using smaller units called FROST. Users pay upfront for storage duration and capacity, making costs clear and predictable — a critical feature for AI teams planning long-term projects.
A simple way to view Walrus is as a self-sustaining system: data is securely stored, nodes maintain availability, and stakers align incentives across the network. An AI researcher can upload training data, lock in access with WAL, and rely on the network to keep that data available, resilient, and protected at all times.
Walrus isn’t just storing data — it’s building the foundation for how AI data markets can work in a decentralized world.
#WriteToEarnUpgrade
$WAL
Built on the Sui network,$WAL is a decentralized protocol designed to handle the large datasets that modern AI systems depend on. Data stored on Walrus is verifiable, secure, and owned by its users — and for the first time, data providers can earn value directly from it. The WAL token sits at the center of the system, powering payments, staking, and governance.
As AI adoption accelerates into 2026, Walrus introduces a new kind of on-chain data market. It allows AI builders and data owners to interact in a transparent, trust-minimized environment that traditional storage systems simply don’t offer.
At the technical level, Walrus uses erasure coding. In simple terms, data is split into multiple pieces, combined with recovery information, and distributed across many nodes. Even if some pieces are lost, the system can fully restore the data. WAL tokens incentivize node operators, ensuring performance and reliability even under heavy data demand.
Walrus also runs on a delegation staking model. WAL holders support nodes by staking tokens, which increases both network security and individual influence. Stakers participate in governance decisions and earn a share of storage fees, creating strong incentives for honest behavior and long-term reliability.
Storage payments are made in WAL, measured precisely using smaller units called FROST. Users pay upfront for storage duration and capacity, making costs clear and predictable — a critical feature for AI teams planning long-term projects.
A simple way to view Walrus is as a self-sustaining system: data is securely stored, nodes maintain availability, and stakers align incentives across the network. An AI researcher can upload training data, lock in access with WAL, and rely on the network to keep that data available, resilient, and protected at all times.
Walrus isn’t just storing data — it’s building the foundation for how AI data markets can work in a decentralized world.
#WriteToEarnUpgrade
$WAL
TRON
$TRX has been on my radar for the past two weeks, and the price action is becoming very clear.
The chart shows strong upward momentum, the kind that usually follows a completed accumulation phase. This structure is not random — it signals a transition from buildup into expansion.
Price continues to hold firmly above its base, which opens the door for another sharp upward move. Momentum is building steadily, and when it picks up speed, the move can unfold quickly.
There’s no need to chase price. Let the trend develop and stay disciplined in execution.
$TRX
The chart shows strong upward momentum, the kind that usually follows a completed accumulation phase. This structure is not random — it signals a transition from buildup into expansion.
Price continues to hold firmly above its base, which opens the door for another sharp upward move. Momentum is building steadily, and when it picks up speed, the move can unfold quickly.
There’s no need to chase price. Let the trend develop and stay disciplined in execution.
$TRX
$XAG buyers are actively building positions around current levels, with a longer-term focus toward the $100 area.
Price continues to hold above the main demand zone, with no clear breakdown. Market structure shows that selling pressure is being absorbed, and every pullback is met with quick buying interest — a constructive sign.
Momentum is gradually turning upward. If this base remains intact, a reversal move becomes increasingly likely.
There is no need to rush into trades here. Patience, confirmation, and proper risk management remain key.
#MarketRebound #WriteToEarnUpgrade
Price continues to hold above the main demand zone, with no clear breakdown. Market structure shows that selling pressure is being absorbed, and every pullback is met with quick buying interest — a constructive sign.
Momentum is gradually turning upward. If this base remains intact, a reversal move becomes increasingly likely.
There is no need to rush into trades here. Patience, confirmation, and proper risk management remain key.
#MarketRebound #WriteToEarnUpgrade
$RIVER is showing early signs of a renewed upward move from its recent lows.
The price respected the demand zone cleanly, with strong buyer interest stepping in. On the 1-hour timeframe, a bullish engulfing candle confirms a change in momentum.
This move goes beyond a simple bounce. Market structure is beginning to shift to the upside, while selling pressure is being absorbed gradually with each candle.
As long as price remains above key support, further upside remains valid. The move toward the $30 level is back in view.
Momentum is improving — stay disciplined and manage risk carefully.
#MarketRebound #StrategyBTCPurchase
The price respected the demand zone cleanly, with strong buyer interest stepping in. On the 1-hour timeframe, a bullish engulfing candle confirms a change in momentum.
This move goes beyond a simple bounce. Market structure is beginning to shift to the upside, while selling pressure is being absorbed gradually with each candle.
As long as price remains above key support, further upside remains valid. The move toward the $30 level is back in view.
Momentum is improving — stay disciplined and manage risk carefully.
#MarketRebound #StrategyBTCPurchase
#solana is currently showing mixed signals in the market. The price did not break below the $144 level in a clear and decisive way, which means the bearish setup is not confirmed.
$SOL Strong support is still in place, and this removes the short-term case for short positions.
What we are seeing now is hesitation in price movement, not a clear move downward.
At this stage, entering short trades is not justified. The smarter approach is to stay patient and allow the market to reveal a clear direction before taking action.
In uncertain zones like this, discipline matters more than speed.
$SOL
#followupformore #Solana
$SOL Strong support is still in place, and this removes the short-term case for short positions.
What we are seeing now is hesitation in price movement, not a clear move downward.
At this stage, entering short trades is not justified. The smarter approach is to stay patient and allow the market to reveal a clear direction before taking action.
In uncertain zones like this, discipline matters more than speed.
$SOL
#followupformore #Solana
c'mon let's begin then please guys follow up for follow back
Binance Square Official
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$SUI Network Downtime: When Silence Hits Harder Than Speed
Sui’s recent downtime wasn’t just a technical pause — it was a trust test.
For a network known for speed and innovation, even a short outage feels loud. frozed users waiting, and uncertainty spread fast. In crypto, when market goes bearish, people don’t just ask what'schanging — panic if are funds safe.
The real issue wasn’t the downtime itself. It was the silence around it. In fast-moving ecosystems, unclear communication creates more panic than bugs ever could. By the time explanations arrive, sentiment often has already turned.
Outages happen. Every young blockchain goes through them. What separates strong networks from shaky ones is how clearly they respond when things go wrong.
Next Move for $SUI
:💬
Own the moment. And outline what changes next.now will do more for confidence than perfect uptime later.
#Write2Earn #MarketRebound #SUI🔥
Sui’s recent downtime wasn’t just a technical pause — it was a trust test.
For a network known for speed and innovation, even a short outage feels loud. frozed users waiting, and uncertainty spread fast. In crypto, when market goes bearish, people don’t just ask what'schanging — panic if are funds safe.
The real issue wasn’t the downtime itself. It was the silence around it. In fast-moving ecosystems, unclear communication creates more panic than bugs ever could. By the time explanations arrive, sentiment often has already turned.
Outages happen. Every young blockchain goes through them. What separates strong networks from shaky ones is how clearly they respond when things go wrong.
Next Move for $SUI
:💬
Own the moment. And outline what changes next.now will do more for confidence than perfect uptime later.
#Write2Earn #MarketRebound #SUI🔥
Whatcha think
$PEPE Holders About To Make Millions.
Watching out
🚨 FISCAL SHOCK INCOMING? Why Tomorrow Could Change Everything! 📉⚠️
Attention Traders! 👋
Something massive is brewing in the macro world, and the market might not be ready for it. We are looking at a potential Fiscal Shock Event that could shake bonds, stocks, and even Crypto.
The Supreme Court is about to rule on the current tariffs. If they are ruled illegal (current probability is high at 76%), we aren't just looking at a policy change—we are looking at a massive revenue hole in the Treasury.
Why this isn't "Bullish":
Fiscal Gap: Nuking tariffs instantly wipes out billions in annualized revenue ($350bn at the moment).
Refund Chaos: Imagine the legal fights for refunds and emergency debt issuance to cover the gap.
Liquidity Drain: When reality hits, big players often pull liquidity from everywhere—Stocks, Bonds, and Crypto—to find safety.
The Historical Cycle:
Looking at the long-term cycles (1926-2026), we are currently in a zone marked as "Time to Sell Stocks and values of all kinds." History repeats itself, and the charts are screaming caution.
My Advice:
Don't get caught as exit liquidity. Be careful, manage your risks, and keep a close eye on the Treasury’s next move.
💬 What’s your move? Are you De-risking or Buying the dip? Let’s talk below! 👇
$DASH $ZEN $IP
Attention Traders! 👋
Something massive is brewing in the macro world, and the market might not be ready for it. We are looking at a potential Fiscal Shock Event that could shake bonds, stocks, and even Crypto.
The Supreme Court is about to rule on the current tariffs. If they are ruled illegal (current probability is high at 76%), we aren't just looking at a policy change—we are looking at a massive revenue hole in the Treasury.
Why this isn't "Bullish":
Fiscal Gap: Nuking tariffs instantly wipes out billions in annualized revenue ($350bn at the moment).
Refund Chaos: Imagine the legal fights for refunds and emergency debt issuance to cover the gap.
Liquidity Drain: When reality hits, big players often pull liquidity from everywhere—Stocks, Bonds, and Crypto—to find safety.
The Historical Cycle:
Looking at the long-term cycles (1926-2026), we are currently in a zone marked as "Time to Sell Stocks and values of all kinds." History repeats itself, and the charts are screaming caution.
My Advice:
Don't get caught as exit liquidity. Be careful, manage your risks, and keep a close eye on the Treasury’s next move.
💬 What’s your move? Are you De-risking or Buying the dip? Let’s talk below! 👇
$DASH $ZEN $IP
See original
Strange idea
🔥💵You can earn free $16 USDT daily?
💲🤑
No trading, no investment, no deposit just simple work. I am not joking, read this
Binance has Write to Earn.
You just need to post and stay active.
How to do it:
1 Make your Binance Square profile
2 Post 3-5 times in a day
3 Comment, like and use hashtags
You can earn $10 to $30 per day if you are active daily.
If you keep working, $15 per day is also possible.
Why Binance pays this?
Because they want more people to use Binance Square and share crypto posts.
Tips to earn faster:
Post about trending coins
Share memes and simple charts
Reply to other users and stay active
#BinanceSquareTalks #WriteToEarnUpgrade
💲🤑
No trading, no investment, no deposit just simple work. I am not joking, read this
Binance has Write to Earn.
You just need to post and stay active.
How to do it:
1 Make your Binance Square profile
2 Post 3-5 times in a day
3 Comment, like and use hashtags
You can earn $10 to $30 per day if you are active daily.
If you keep working, $15 per day is also possible.
Why Binance pays this?
Because they want more people to use Binance Square and share crypto posts.
Tips to earn faster:
Post about trending coins
Share memes and simple charts
Reply to other users and stay active
#BinanceSquareTalks #WriteToEarnUpgrade
INSIDE THE CRYPTO DOWNTURN: WHAT’S REALLY DRIVING THE BEAR MARKET
The global cryptocurrency market has entered another period of prolonged decline, marked by thinning liquidity, heightened regulatory pressure, and a noticeable shift in investor sentiment. While market cycles are common in digital assets, analysts say the current downturn highlights deeper structural tensions that are reshaping the industry.
In recent weeks, major tokens have posted double-digit drops as trading volume retreats across leading exchanges. Market data shows a sharp reduction in leveraged positions, a sign that traders are actively reducing risk exposure. According to several research firms, this behavior typically signals that confidence in short-term recovery is low.
Economic conditions outside the crypto ecosystem are also playing a significant role. Higher global interest rates continue to pull capital toward traditional safe-yield instruments, reducing the flow of speculative investment that once fueled rapid crypto growth. At the same time, geopolitical uncertainty has prompted governments to tighten oversight on digital assets, further unsettling markets.
“Crypto doesn’t exist in a vacuum. It reacts to global pressure points much faster than most asset classes,” said one analyst at a London-based fintech firm. “When risk appetite collapses, cryptocurrencies feel it immediately.”
Social sentiment—long considered one of the strongest drivers of crypto performance—has also shifted. Platforms that once amplified bullish narratives are now dominated by pessimistic commentary, rumors of project failures, and warnings from prominent traders. This feedback loop has historically accelerated market sell-offs.
$BTC
$ETH
The global cryptocurrency market has entered another period of prolonged decline, marked by thinning liquidity, heightened regulatory pressure, and a noticeable shift in investor sentiment. While market cycles are common in digital assets, analysts say the current downturn highlights deeper structural tensions that are reshaping the industry.
In recent weeks, major tokens have posted double-digit drops as trading volume retreats across leading exchanges. Market data shows a sharp reduction in leveraged positions, a sign that traders are actively reducing risk exposure. According to several research firms, this behavior typically signals that confidence in short-term recovery is low.
Economic conditions outside the crypto ecosystem are also playing a significant role. Higher global interest rates continue to pull capital toward traditional safe-yield instruments, reducing the flow of speculative investment that once fueled rapid crypto growth. At the same time, geopolitical uncertainty has prompted governments to tighten oversight on digital assets, further unsettling markets.
“Crypto doesn’t exist in a vacuum. It reacts to global pressure points much faster than most asset classes,” said one analyst at a London-based fintech firm. “When risk appetite collapses, cryptocurrencies feel it immediately.”
Social sentiment—long considered one of the strongest drivers of crypto performance—has also shifted. Platforms that once amplified bullish narratives are now dominated by pessimistic commentary, rumors of project failures, and warnings from prominent traders. This feedback loop has historically accelerated market sell-offs.
$BTC
$ETH
“American Bitcoin” to Start Nasdaq Trading in September
American Bitcoin—a mining firm backed by Eric Trump and Donald Trump Jr.—will begin trading on Nasdaq under ticker ABTC in early September via a merger with Gryphon Digital Mining. The Trump sons and investor Hut 8 will control 98% of the entity post-merger. $BTC
#Write2Earn
American Bitcoin—a mining firm backed by Eric Trump and Donald Trump Jr.—will begin trading on Nasdaq under ticker ABTC in early September via a merger with Gryphon Digital Mining. The Trump sons and investor Hut 8 will control 98% of the entity post-merger. $BTC
#Write2Earn
Trump-Linked Crypto Expansion: $6.4 Billion Cronos Strategy
Trump Media Group, in partnership with Crypto.com and Yorkville Acquisition, unveiled a $6.42 billion digital asset treasury plan focused on the Cronos token (CRO). The strategy includes $1B in CRO, $200M in cash, $220M in warrants, and a $5B credit line. Cronos has surged 115% this week amid the announcement. $TRUMP
Trump Media Group, in partnership with Crypto.com and Yorkville Acquisition, unveiled a $6.42 billion digital asset treasury plan focused on the Cronos token (CRO). The strategy includes $1B in CRO, $200M in cash, $220M in warrants, and a $5B credit line. Cronos has surged 115% this week amid the announcement. $TRUMP
#BinanceLaunchpool
Introducing Notcoin (NOT) on Binance Launchpool! Farm NOT by Staking BNB and FDUSD
IMPORTANT: Binance will be the first platform to list the token mentioned herein, with trade starting at 2024-05-16 12:00 (UTC). Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds!#NotcoinLaunchpool
Introducing Notcoin (NOT) on Binance Launchpool! Farm NOT by Staking BNB and FDUSD
IMPORTANT: Binance will be the first platform to list the token mentioned herein, with trade starting at 2024-05-16 12:00 (UTC). Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds!#NotcoinLaunchpool
"AI messes with Crypto Morning News" 2024/3/26
1. 🔬You can pay attention to opportunities
Starknet ecological project SithSwap will launch the public sale of token SITH on March 27
2. ❇️DeFi
a. New items in the past day
Hercules V3 --- Dexes (Metis, 230万)
Sanctum Validator LSTs --- Liquid Staking (Solana, 1045万)
Munchables --- Farm (Blast, 9147万)
Sanctum Infinity --- Dexes (Solana, 3520万)
Javsphere --- Yield (Multi-Chain, 1019万)
Yield Wars --- Farm (Ethereum, 11.91 million)
Switcheo Finance --- Dexes (Ethereum, 287万)
3F Mutual --- Insurance (Ethereum, 6.89 million)
Euclid Finance --- Liquid Restaking (Ethereum, 277万)
TokenStore --- Dexes (Ethereum, 2.34 million)
b. Project list
Project list: TVL > 5m & (7 days new | 24h TVL change > 10%)
c. Related projects
ether.fi Liquid TVL exceeds US$100 million, plans to launch US dollar market neutral vault
Ethereum liquidity re-pledge protocol TVL exceeded US$6.6 billion, with Renzo TVL increasing by 151% monthly
Frax Singularity Roadmap: fee switch, L3s launching on Fraxtal & launch of $frxBTC
Hercules launches on Metis
Head of Aave Strategy: The first round of Merit is about to end, and GHO and stkGHO snapshots will be taken in a few hours
OLAS is live on Optimism
Pike Finance launches Pike Purple, a Monad-based cross-ecological liquidity solution
MIMSwap is live
Merlin Chain ecological DeFi project Mineral completed pre-sale and raised 150 BTC
Synthetix passed two proposals to support Perps V3 on Base to add SNX, SOL, WIF and W
3. 🌏Macro
The London Stock Exchange has announced that it will accept listing applications for Bitcoin and Ethereum cryptocurrency exchange-traded funds (ETNs) from April 8, 2024, with plans to launch trading on May 28
Last week, digital asset investment products had a net outflow of US$942 million, ending a seven-week inflow trend.
The largest ETH option on Deribit today was a large purchase of 6,000 ETH and 3,000 put options at the end of April.
HashKey Group: As a licensed custodian, it is cooperating with 10 brokers to prepare spot ETFs.
FOLLOW FOR MORE INFO
#BTC
1. 🔬You can pay attention to opportunities
Starknet ecological project SithSwap will launch the public sale of token SITH on March 27
2. ❇️DeFi
a. New items in the past day
Hercules V3 --- Dexes (Metis, 230万)
Sanctum Validator LSTs --- Liquid Staking (Solana, 1045万)
Munchables --- Farm (Blast, 9147万)
Sanctum Infinity --- Dexes (Solana, 3520万)
Javsphere --- Yield (Multi-Chain, 1019万)
Yield Wars --- Farm (Ethereum, 11.91 million)
Switcheo Finance --- Dexes (Ethereum, 287万)
3F Mutual --- Insurance (Ethereum, 6.89 million)
Euclid Finance --- Liquid Restaking (Ethereum, 277万)
TokenStore --- Dexes (Ethereum, 2.34 million)
b. Project list
Project list: TVL > 5m & (7 days new | 24h TVL change > 10%)
c. Related projects
ether.fi Liquid TVL exceeds US$100 million, plans to launch US dollar market neutral vault
Ethereum liquidity re-pledge protocol TVL exceeded US$6.6 billion, with Renzo TVL increasing by 151% monthly
Frax Singularity Roadmap: fee switch, L3s launching on Fraxtal & launch of $frxBTC
Hercules launches on Metis
Head of Aave Strategy: The first round of Merit is about to end, and GHO and stkGHO snapshots will be taken in a few hours
OLAS is live on Optimism
Pike Finance launches Pike Purple, a Monad-based cross-ecological liquidity solution
MIMSwap is live
Merlin Chain ecological DeFi project Mineral completed pre-sale and raised 150 BTC
Synthetix passed two proposals to support Perps V3 on Base to add SNX, SOL, WIF and W
3. 🌏Macro
The London Stock Exchange has announced that it will accept listing applications for Bitcoin and Ethereum cryptocurrency exchange-traded funds (ETNs) from April 8, 2024, with plans to launch trading on May 28
Last week, digital asset investment products had a net outflow of US$942 million, ending a seven-week inflow trend.
The largest ETH option on Deribit today was a large purchase of 6,000 ETH and 3,000 put options at the end of April.
HashKey Group: As a licensed custodian, it is cooperating with 10 brokers to prepare spot ETFs.
FOLLOW FOR MORE INFO
#BTC
Why Terra Classic (LUNC) and USTC Prices Soared
The recent surge in prices of Terra Classic (LUNC) and USTC follows the release of Do Kwon, a co-founder of Terraform Labs, by the Supreme Court of Montenegro, leading to postponed extradition requests. Despite Terraform Labs and Kwon cutting ties with #TerraClassic , the tokens experienced significant gains.
LUNC saw a 20% increase, reaching $0.000155, with trading volume up by 200%. $USTC also climbed 12% to briefly hit $0.0301, maintaining a 3.51% increase. Market analysis shows a surge in futures open interest for $LUNC , although some traders are now liquidating positions.
Upcoming upgrades like IBC-Hooks aim to enhance #TerraLunaClassic 's functionality and security. Genuine Labs plans crucial updates, including an upgrade to #Cosmos SDK 0.47, within 8 weeks. These developments, alongside increased interest from developers, signal optimism, but caution is advised due to the inherent volatility of cryptocurrency markets.
#galacoin #ICP #LUNC✅
The recent surge in prices of Terra Classic (LUNC) and USTC follows the release of Do Kwon, a co-founder of Terraform Labs, by the Supreme Court of Montenegro, leading to postponed extradition requests. Despite Terraform Labs and Kwon cutting ties with #TerraClassic , the tokens experienced significant gains.
LUNC saw a 20% increase, reaching $0.000155, with trading volume up by 200%. $USTC also climbed 12% to briefly hit $0.0301, maintaining a 3.51% increase. Market analysis shows a surge in futures open interest for $LUNC , although some traders are now liquidating positions.
Upcoming upgrades like IBC-Hooks aim to enhance #TerraLunaClassic 's functionality and security. Genuine Labs plans crucial updates, including an upgrade to #Cosmos SDK 0.47, within 8 weeks. These developments, alongside increased interest from developers, signal optimism, but caution is advised due to the inherent volatility of cryptocurrency markets.
#galacoin #ICP #LUNC✅
Crypto Market Rises as BlackRock Enters Asset Tokenisation and Central Bank Easing Cycle Begins
According to CoinDesk, the cryptocurrency market experienced a boost during the Asia trading day, with traders reacting positively to BlackRock's entry into asset tokenisation and the start of the global central bank easing cycle. Bitcoin, the largest digital asset, traded at $67,300, a 4.9% increase on a 24-hour basis, while ether traded 4.7% higher above $3,400. The CoinDesk 20, a measure of the most liquid cryptocurrencies, was up around 5% at the time of reporting.
CryptoQuant analyst Bradley Park attributes the gains to the market's response to BlackRock's fund targeting tokenized products on Ethereum called BUIDL. Shorts betting against bitcoin and ether are experiencing significant losses. Data from CoinGlass reveals that over $100 million in leveraged futures positions have been liquidated in the last 24 hours, with around $60 million in short BTC positions and $42.8 million in short ether positions.
Additionally, BTC may be up as selling pressure from the Grayscale Bitcoin Trust has slowed. Analysts suggest that Genesis' sale of shares is a reason for the increase in GBTC outflow. Macro factors continue to align bullishly, with the Swiss National Bank unexpectedly cutting the benchmark interest rate last week, initiating a global easing cycle. The Central Bank of Mexico also cut rates, and the Federal Reserve, the European Central Bank, and the Bank of England laid the groundwork for liquidity easing in the coming months.
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According to CoinDesk, the cryptocurrency market experienced a boost during the Asia trading day, with traders reacting positively to BlackRock's entry into asset tokenisation and the start of the global central bank easing cycle. Bitcoin, the largest digital asset, traded at $67,300, a 4.9% increase on a 24-hour basis, while ether traded 4.7% higher above $3,400. The CoinDesk 20, a measure of the most liquid cryptocurrencies, was up around 5% at the time of reporting.
CryptoQuant analyst Bradley Park attributes the gains to the market's response to BlackRock's fund targeting tokenized products on Ethereum called BUIDL. Shorts betting against bitcoin and ether are experiencing significant losses. Data from CoinGlass reveals that over $100 million in leveraged futures positions have been liquidated in the last 24 hours, with around $60 million in short BTC positions and $42.8 million in short ether positions.
Additionally, BTC may be up as selling pressure from the Grayscale Bitcoin Trust has slowed. Analysts suggest that Genesis' sale of shares is a reason for the increase in GBTC outflow. Macro factors continue to align bullishly, with the Swiss National Bank unexpectedly cutting the benchmark interest rate last week, initiating a global easing cycle. The Central Bank of Mexico also cut rates, and the Federal Reserve, the European Central Bank, and the Bank of England laid the groundwork for liquidity easing in the coming months.
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