I don't understand why the short position is higher but the long is flying like that #REEF/USDT I'm so bored with life, so evil, I just want to get my capital back
#economics 1. Hedge funds, asset managers and other participants in the futures market were bearish on the US dollar in the week ending August 27, the latest data from the US Commodity Futures Trading Commission (CFTC) showed. 2. The last time the dollar was a net seller was in February, when traders were early in predicting six interest rate cuts by 2024. The US dollar fell 1.6% in August, its biggest monthly decline this year.
3. Traders pushed the dollar and U.S. Treasury yields lower on expectations that the Federal Reserve will cut interest rates by at least 25 basis points in September. Fed officials have made clear their intention to start cutting rates for the first time since 2020. Swap traders are now pricing in a full percentage point rate cut by the Fed this year. $BTC $ETH
Changpeng Zhao Banned From Binance for Life Binance has issued a lifetime ban on founder Changpeng Zhao (CZ), barring him from supervising the company, Richard Teng, the current CEO of the worldâs largest cryptocurrency exchange, confirmed to Axios. Zhao is currently serving a four-month prison sentence in the United States for money laundering and sanctions violations and is scheduled to be released in late September. The indictment by the US Department of Justice does not include a permanent ban on Zhaoâs involvement; the original restriction was only scheduled for three years. Despite the ban, Zhao remains a major shareholder of Binance but will not formally serve on the board. After pleading guilty in April, Zhao announced his intention to step down as CEO of Binance and instead focus on investing in blockchain technology, AI, and biotechnology.$BNB
Top Countries by Bitcoin Holdings đ đșđž United States: 213,246 BTC đšđł China: 190,000 BTC đŹđ§ United Kingdom: 61,000 BTC đșđŠ Ukraine: 46,351 BTC đžđ» El Salvador: 5,800 BTC đ§đč Bhutan: 621 BTC đ»đȘ Venezuela: 240 BTC Does your country hold any #Bitcoin? đŹ $BTC $ETH
The previous wave Aizen invited everyone to buy $OP at 1.5$ and x3, currently $OP is 1.3$. The project team also clearly showed their point of view and ambition not to stop at L2, having few VCs to back them can be considered an advantage, when 2 out of 4 VCs have 2 top servers a16z and Paradigm so we can easily unify our will and drive the chart very beautifully together. $OP in the big TF is having a good reaction in Daily and Weekly support, the upcoming accumulation sw here is a good price zone for everyone to pursue Super Chain Aizen will start to gradually collect $OP in this price zone and wait for time to answer đŠ
đ„Evening News 9/5/2024đ„ 1.#TrumpFamily's#DeFiProject Backs US-Pegged Stablecoin as Global Payment Solution 2. Crypto Scam App Angel Drainer Upgrades, Deploys Over 300 Malicious#DAppsin 4 Days 3.#FedOrders Cease and Desist from#TexasBank for Providing Services to Crypto Companies 4.#RobinhoodReaches $3.9 Million Settlement for Blocking Crypto Withdrawals
đ„Noon News September 5, 2024đ„ 1. The market has slightly recovered, creating conditions for Altcoins to breathe 2.#BitcoinETFis negative 37 million USD,#EthereumETFis also negative 37 million USD. Grayscale is still selling steadily despite cooling down 3. DePIN project -#Grassannounced tokenomics and is about to#airdropto users 4. Japan is considering taxing cryptocurrencies as financial assets instead of counting them as income. 5. New York has asked two investment funds that invested in #Uniswap, a16z and Union Square Ventures, to provide information about this DEX. 6. Restaking protocol#EigenLayerhas just announced information about rewards for the Stakedrop program season 2. $ETH $BTC
Important crypto news for busy people 09/02 - 09/05!
1. TON price plummets, Coinmarketcap incident and TON Founder safety still no news. - On September 3, the price of $TON suddenly dropped from ~$5 to $0.3 according to Coinmarketcap data, but fortunately this was just a technical error. However, after the incident, the price of $TON continued to decrease gradually and according to current data, the price of $TON is fluctuating around $4.5 with a market capitalization of more than 11 billion dollars. - Many people asked Richard if he should buy the bottom of $TON yet. According to Richard's experience, after the news of interest rates, the financial market will fluctuate a lot. It is likely that we will receive another big dump, so if you want to buy and hold $TON, please wait patiently after the FED announces interest rates (September 18).
Ahead of the Fed's interest rate cut, expected on September 17-18, market sentiment is quite 50/50. Currently, there is still no clear trend established and large investors are waiting for an official signal from the Fed's decision to determine where the money will flow, so this period will easily have liquidity sweeps with candles poking up and down, killing long and short very annoyingly Safe strategy at this time for those who trade futures: - Reduce Vol, this is an effective way to protect your account in an unclear trend. Going with large vol at times like this can easily ruin your account - If you trade, you need to focus on strict risk management. Setting a reasonable stop loss and only trading at important resistance and support zones is a key factor to avoid being caught up in short-term liquidity sweeps. - Observing open interest and funding rate will help you better understand market psychology, cash flow and potential price fluctuations$BTC $ETH
đ„Noon News September 4, 2024đ„ 1.#BTCplummets to 56k, causing $200 million to be liquidated in the past 24 hours 2.#BitcoinETFminus $288 million,#EthereumETFminus $47 million 3. In addition to the crypto market, the financial market also erased about $1.1 trillion in value in the past 24 hours 4. Matter Labs cuts 16% of its staff as operations on#ZKsynclose steam 5.#Ripplewill add #Ethereum-compatible smart contracts to its ledger #XRPâ 6. Penpie protocolâa protocol on#Pendlehas had $27 million of customer funds withdrawn $BTC $ETH
According to data from Bitcoinist, as of August 31, 2024, a large amount of Bitcoin has not been moved in more than 5 years, accounting for 30.7% of the total supply. This shows that the long-term Bitcoin holders (diamond hands) community continues to hold their position, despite market volatility. Also according to a recent article by IntoTheBlock, a market data analysis platform, discussed the trend of Bitcoin that has not moved in more than 5 years. This supply is made up of Unspent Transaction Outputs (UTXOs) that have passed the 5-year mark.
Wishing you all a happy 2/9 holiday đ»đłđ»đłđ»đł Richard's analysis seems to be on the right track đđ»đł Some investment funds and hedge funds are "fearful" before the interest rate. Here, Richard always reminds you to view, gives a specific DCA schedule and also does not encourage you to use leverage at this time. See you all after the holiday đ»đł $BTC $ETH
If you have little money, play little, don't be greedy and lose money. Just keep playing little by little. $FLOKI , I feel that from now until Monday, it will go up, but I don't know how much it will go up. You guys are LONG, pay attention and watch. When you sleep, you must close the order to avoid losing capital. Thanks everyone.
Tomorrow morning closes monthly candle Monday closes weekly candle Every year the market welcomes National Day in red This is a period of strong market fluctuations Take a break, Netflix and chill, guys âïž Wishing you all a wonderful holiday with your family and loved ones. After the holiday, punch hard đ $BTC $ETH
#news Telegram Owns $400 Million in Digital Assets Telegram founder Pavel Durov was indicted by a French court this week on charges that Telegramâs tools and services facilitated illegal activities. Telegram, which is popular with many in the cryptocurrency community, held $400 million in digital assets at the end of 2023. A report from the Financial Times, citing Telegramâs 2023 financial statements, shows that a large portion of the messaging appâs revenue comes from digital asset-related activities, listed under the categories âintegrated walletsâ and âsale of collectibles.â $TON $NOT
The market is really annoying, all day altcoin and $BTC sw are at support to lure long-term buyers At night, the news comes out, pump and dump, sweep both ends, then close the green candle and dump as if there was never a separation Looking over, $LQTY was licked by the positive sl and dumped, I feel sad, it must be green soon, 1 win 2 lose guys, recently living too cowardly, the market is not stable đŠ Temporarily, tonight, don't catch the bottom of Altcoin, don't block the ship, wait for Altcoin to reset the selling pressure, all the big frame support is broken, blocking the ship, the possibility of going quite far $BTC
đ„Noon News August 30, 2024 đ„ 1.#BitcoinETFminus 72 million USD,#EthereumETF2 million USD 2. Last night, Donald#Trumpdeclared to make the United States the center of the cryptocurrency field if he wins the election for the "hot seat" of the White House. 3.#Elon_Muskand his electric car company#Teslajust won the lawsuit accusing them of manipulating the price of #Dogecoin, causing losses of up to 258 billion USD. 4. Trump's 4th#NFTcollection sold for more than 2 million USD after only 1 day of launch 5. Crypto(dot)com launched a seamless deposit and withdrawal service supported by Standard Chartered bank. $BTC $ETH