P2P Merchant Status + P2P API + PricePulseBot = more profit
🟢 P2P Merchant Status + P2P API + PricePulseBot = more profit. In P2P, speed and list position are everything. While one merchant updates the price manually, another is already higher up, grabbing customers' attention and getting more orders. That's why automation in P2P is no longer an 'extra feature,' but a standard working tool. PricePulseBot helps the merchant manage pricing through settings: • calculate the average market price;
Arthur Hayes warns: the crypto market is under threat! ⚠️💥
January 20, 2025, the day of Donald Trump's inauguration, could be a nightmare for cryptocurrencies, according to former BitMEX CEO Arthur Hayes. He predicts a massive sell-off that could shake the market. 😱📉
Why is that? Arthur is confident that political instability and economic uncertainty could seriously damage investor confidence. In addition, he doubts the idea of a national Bitcoin reserve, calling it a "difficult task." 🏦❌
But what does this mean for us?
1️⃣ Prepare for volatility. 📊 2️⃣ Think through your strategies. 🤔 3️⃣ Remember that panic is not a trader's friend! 💡
Could this be another opportunity for smart investors? 🤷♂️ As always, time will tell.
What do you think of Hayes' predictions? Share your opinion in the comments! 💬👇
🔴 Binance says its $6.34 billion hack began with a fake job interview. 🔍 The report describes a five-month campaign: a counterfeit installer in June, a staged recruitment process in September, and funds withdrawn on October 29. Binance says it froze or intercepted about $2.85 billion and replenished 98% of the affected tokens. The FBI attributes the attack to North Korea, which denies it.
Has this report changed how your team vets job offers or software downloads? 👇
🟠 The CFTC says perpetual futures on individual stocks can now be listed on regulated U.S. exchanges 🏛️ They have been recognized as approved securities futures products, but exchanges need registrations with both the CFTC and SEC. No exchange, contract, or launch date was named, and CME’s lawsuit over the previous approval of Kalshi’s perp is still pending.
Does access to regulated U.S. stock perpetual futures change your view of offshore versus onshore derivatives platforms? 👇
🔴 BlackRock isn’t selling Bitcoin. Its clients are. 🔍 IBIT recorded net outflows of $405.3 million on November 2, its largest since June 26, according to Farside. Redemptions force the fund to release coins, while overall flows into US spot Bitcoin ETFs were negative $398.6 million, with only Fidelity’s FBTC recording inflows.
Do ETF flow reports affect how you set P2P prices or manage inventory? 👇
🟠 Binance has restored withdrawals for dozens more tokens on Ethereum and Solana ⚡ This step is part of a phased resumption of operations following the $6.3 billion hack on October 29, as outlined in the exchange’s recovery announcement on November 3. Users and P2P sellers moving funds on these networks are directly affected.
Have the resumed Ethereum and Solana withdrawals changed how you move funds or manage your P2P orders? 👇
🟠 Bitcoin entered November right at $76,000, the average cost basis for short-term holders. According to BeInCrypto and Glassnode, the Binance hack pushed it to a six-week low of $76,275, triggered $1.58B in liquidations, and October closed 7% lower. Users withdrew around $2B within three hours of withdrawals resuming on November 1. ⚡
Did the Binance hack and late-October volatility change how you manage exchange balances or the size of your P2P orders? 👇
🔴 Mercado Bitcoin, a Brazilian exchange, suspended deposits and withdrawals after wallets on at least 10 networks were drained, with around $40 million withdrawn, according to CoinDesk. 🔍 This happened a few days after reports of a $6.3 billion hack at Binance, although no connection between the incidents has been established. Users in Brazil cannot move funds while the suspension is in effect.
If your local exchange freezes withdrawals, how would that change your approach to P2P settlements? 👇
🟠 A busy macro week is ahead 👀 The U.S. midterm elections are on Tuesday, followed by rate decisions from Australia, Sweden, and the UK, then Friday’s jobs report, with economists surveyed by Dow Jones expecting 55,000 new jobs. This comes after Binance’s record-breaking $6.3 billion hack, which sent Bitcoin to a six-week low on Friday, according to BeInCrypto.
Which event this week matters most to your P2P business: the midterm elections, central bank rates, or the jobs report? 👇
🔴 Binance said it recorded net outflows of $3.64 billion in the first nine and a half hours after withdrawals resumed, or 2.1% of its assets. 🔍 A Decrypt headline also reports that the FBI accused North Korea of hacking the exchange for $6 billion. No further details were available in the excerpt.
If you use Binance for P2P, how has the resumption of withdrawals affected your workflow? 👇
🟠 Binance reports net outflows of $5.8 billion after some services resumed following a record-breaking hack 🔍. The exchange says withdrawals surged when services resumed, but have since slowed. It compares this figure with approximately $171 billion in customer assets, calling the outflow only a small part of the total.
Has the speed of withdrawals from Binance affected how you manage your balances or P2P orders? 👇
🔴 Bitcoin ETFs recorded outflows totaling $643.2 million on Friday, in the first full trading session after reports of a $6.4 billion hack at Binance, according to Decrypt. 👀 October ended with net outflows of approximately $516 million for the funds, putting the exchange’s security breach and ETF flows in the same context.
Has the Binance hack changed your approach to storing funds on exchanges? 👇
🟠 Should the industry strengthen on-chain tracking and speed up asset freezes, even if this creates more problems for ordinary users, or is that a price traders shouldn’t have to pay?
🔴 The FBI attributed the record $6.3 billion hack linked to Binance to North Korea. 🔍 The agency is also asking private companies to help block the further laundering of stolen digital assets—a request directed at exchanges and other crypto service providers.
How does your team screen incoming funds for links to stolen or sanctioned assets? 👇