Memo of Trade for Yesterday Dear Journal: October 10th , 2023 Trade Trade position: SHORT /SELL Gain: $ 446 Lessons: Bias is critical for figuring out the trade direction, understanding the market bias/sentiments can help reinforce one's position and shut out doubts. I was able to return stronger from yesterday's loss by leveraging on the market bias, even though LQTY has a strong upward sentiment, the general market sentiment supported a sell, this provided the lever for a short position on an over-bought token like $LQTY. #90days50to5000Challenge #TradeChallenge. #Memos
đš DONT MISS IT đšđđ„BREAKING MORNING NEWS đ đš đđ„Check belowđ„đEther Drops 1.9% to 7-Month Low as Crypto Buckles Further Following Inflation Data. ETH dropped to its lowest price since March, while most cryptocurrencies struggled as risk-off sentiment took over markets following a slightly hotter-than-expected inflation report and surging rates.đčđCelsius (CEL) Move 653 Million Tokens to a New Wallet: To What End? Decentralized lending project Celsius (CEL) has transferred a substantial amount of its holdings to a new wallet. Cam Crews, who is a developer, made it known that CEL tokens were not the only cryptocurrencies involved in the movement.đčđReal Estate-Backed US Dollar Stablecoin Built on Polygon Loses 47% of Its Value After Suffering Serious Depeg. A stablecoin built on layer-2 scaling solution Polygon (MATIC) and backed by real estate assets has lost nearly half of its value after depegging from the US dollar (USD).đčđChina has unveiled an industrial park in the Luohu district of Shenzhen, solely dedicated to the development of the digital yuan ecosystem. This monumental move comes as the central bank digital currency (CBDC), also termed e-CNY, witnesses continuous evolution.đčđTrader Joeâs grocery store files trademark lawsuit against Trader Joe DEX. The claims include allegations of federal trademark infringement and dilution, with Trader Joe allegedly capitalizing on the storeâs âname, goodwill, and brand recognition.âđčDont forget to follow #CryptoTalks for more BREAKING NEWS đžđ„
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đš DONT MISS IT đš đđ„BREAKING MORNING NEWS đ đš đ đ„Check belowđ„ đEther Drops 1.9% to 7-Month Low as Crypto Buckles Further Following Inflation Data. ETH dropped to its lowest price since March, while most cryptocurrencies struggled as risk-off sentiment took over markets following a slightly hotter-than-expected inflation report and surging rates.đč đCelsius (CEL) Move 653 Million Tokens to a New Wallet: To What End? Decentralized lending project Celsius (CEL) has transferred a substantial amount of its holdings to a new wallet. Cam Crews, who is a developer, made it known that CEL tokens were not the only cryptocurrencies involved in the movement.đč đReal Estate-Backed US Dollar Stablecoin Built on Polygon Loses 47% of Its Value After Suffering Serious Depeg. A stablecoin built on layer-2 scaling solution Polygon (MATIC) and backed by real estate assets has lost nearly half of its value after depegging from the US dollar (USD).đč đChina has unveiled an industrial park in the Luohu district of Shenzhen, solely dedicated to the development of the digital yuan ecosystem. This monumental move comes as the central bank digital currency (CBDC), also termed e-CNY, witnesses continuous evolution.đč đTrader Joeâs grocery store files trademark lawsuit against Trader Joe DEX. The claims include allegations of federal trademark infringement and dilution, with Trader Joe allegedly capitalizing on the storeâs âname, goodwill, and brand recognition.âđč
Dont forget to follow #CryptoTalks for more BREAKING NEWS đžđ„
đš DONT MISS IT đšđđ„BREAKING MORNING NEWS đ đš đđ„Check belowđ„đEther Drops 1.9% to 7-Month Low as Crypto Buckles Further Following Inflation Data. ETH dropped to its lowest price since March, while most cryptocurrencies struggled as risk-off sentiment took over markets following a slightly hotter-than-expected inflation report and surging rates.đčđCelsius (CEL) Move 653 Million Tokens to a New Wallet: To What End? Decentralized lending project Celsius (CEL) has transferred a substantial amount of its holdings to a new wallet. Cam Crews, who is a developer, made it known that CEL tokens were not the only cryptocurrencies involved in the movement.đčđReal Estate-Backed US Dollar Stablecoin Built on Polygon Loses 47% of Its Value After Suffering Serious Depeg. A stablecoin built on layer-2 scaling solution Polygon (MATIC) and backed by real estate assets has lost nearly half of its value after depegging from the US dollar (USD).đčđChina has unveiled an industrial park in the Luohu district of Shenzhen, solely dedicated to the development of the digital yuan ecosystem. This monumental move comes as the central bank digital currency (CBDC), also termed e-CNY, witnesses continuous evolution.đčđTrader Joeâs grocery store files trademark lawsuit against Trader Joe DEX. The claims include allegations of federal trademark infringement and dilution, with Trader Joe allegedly capitalizing on the storeâs âname, goodwill, and brand recognition.âđčDont forget to follow #CryptoTalks for more BREAKING NEWS đžđ„
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đš DONT MISS IT đš đđ„BREAKING MORNING NEWS đ đš đ đ„Check belowđ„ đEther Drops 1.9% to 7-Month Low as Crypto Buckles Further Following Inflation Data. ETH dropped to its lowest price since March, while most cryptocurrencies struggled as risk-off sentiment took over markets following a slightly hotter-than-expected inflation report and surging rates.đč đCelsius (CEL) Move 653 Million Tokens to a New Wallet: To What End? Decentralized lending project Celsius (CEL) has transferred a substantial amount of its holdings to a new wallet. Cam Crews, who is a developer, made it known that CEL tokens were not the only cryptocurrencies involved in the movement.đč đReal Estate-Backed US Dollar Stablecoin Built on Polygon Loses 47% of Its Value After Suffering Serious Depeg. A stablecoin built on layer-2 scaling solution Polygon (MATIC) and backed by real estate assets has lost nearly half of its value after depegging from the US dollar (USD).đč đChina has unveiled an industrial park in the Luohu district of Shenzhen, solely dedicated to the development of the digital yuan ecosystem. This monumental move comes as the central bank digital currency (CBDC), also termed e-CNY, witnesses continuous evolution.đč đTrader Joeâs grocery store files trademark lawsuit against Trader Joe DEX. The claims include allegations of federal trademark infringement and dilution, with Trader Joe allegedly capitalizing on the storeâs âname, goodwill, and brand recognition.âđč
Dont forget to follow #CryptoTalks for more BREAKING NEWS đžđ„
Binance Will Support the aelf (ELF) Network Upgrade
Fellow Binancians, Binance will support the aelf (ELF) network upgrade. This will take place at the block height of 175,663,892, or approximately at 2023-10-17 10:00 (UTC). Deposits and withdrawals of token(s) on the aforementioned network will be suspended approximately starting from 2023-10-17 09:00 (UTC). Please note: The trading of token(s) on the aforementioned network will not be impacted.Binance will handle all technical requirements involved for all users.Deposits and withdrawals for token(s) on the aforementioned network will be reopened once the upgraded network is deemed to be stable. No further announcement will be posted.Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail. For more information, please refer to the announcement from the project team. Thanks for your support! Binance Team 2023-10-13