Crypto Maxx

I received a light and lovely box from binance on the occasion of the ninth anniversary, 9Y

Thank you for your kind gesture ❤️❤️❤️

#BinanceTurns9

Nvidia shares reached an all-time high of $243 for the first time in history. If you had invested $10,000 in
Nvidia
at the height of the market crisis in 2002, you would have about $43 million today.

The Financial Times reported that Elon Musk’s SpaceX is in talks to raise $40 billion in debt to buy Nvidia chips.

The financing could include $10 billion in bank loans and $30 billion in investment-grade debt, led by Apollo.

🇮🇳The Reserve Bank of India raised interest rates by 25 basis points to 5.50%, its first rate hike since February 2023.

Bitcoin price drops by more than $2,000 in 20 minutes, as $400 million worth of leveraged long positions are liquidated in less than an hour.
$BTC #bitcoin

The S&P 500 has reached a record $71.3 trillion, up 24% from its low on March 30.

The U.S. stock market is now worth more than $82 trillion—over **7.5 times the value of China’s market and 28 times that of Germany’s. Asset owners are reaping the gains.

Altcoins represent the biggest opportunity available right now.

Since 2021, most retail investors have lost money by holding altcoins, as these coins have done nothing but move sideways.

But that doesn't change the fact that altcoins are currently undervalued.

The U.S. stock market is worth $77 trillion.
Gold is worth $30 trillion.
Bitcoin is worth $1.72 trillion.
Other altcoins are worth just $235 billion.

A small shift in liquidity toward altcoins could be enough to send them soaring, just as it did in 2017 and 2021.

Bitcoin returned 225% over three years, compared with 109% for the Nasdaq. However, excluding Bitcoin’s five best trading days reduces its return to 95%.

$BTC

The U.S. Commodity Futures Trading Commission (CFTC) proposes new rules for cryptocurrencies, allowing trading firms to choose between submitting to federal oversight and offering margin trading services to retail customers.

Traders on the Kalshi platform see a 20% chance of an economic recession next year.

The Nasdaq 100 is now up more than 150% since Michael Burry warned investors to sell stocks in January 2023.

It closed today at a record high of 31,076, marking its second consecutive record close.

NVIDIA $NVDA officially closed at its all-time high, and is approaching the $6 trillion level.

The company's shares rose 2.2% today, closing at $239.11, after reaching a record high of $240.10.

The U.S. bond market is sounding an alarm that cannot be ignored.

The 20-year Treasury yield has reached 5.735%, while the 30-year Treasury yield has climbed to nearly 5.7%. Both are at their highest levels in about 24 years.

The 10-year Treasury yield has also reached 5.34%, its highest level in 24 years.

Long-term bond yields have risen by more than 100 basis points since early March, driven by rising inflation, mounting debt, and geopolitical risks, pushing borrowing costs higher.

The S&P 500 remains near record highs, supported by AI-driven trading, but pressure is beginning to spread.

Mortgage rates are rising, real estate activity is weakening, and credit spreads have begun to widen.

Stock prices are stable for now.

Strategy Inc. kicks off its “Uptober” campaign by purchasing $28.7 million worth of Bitcoin, adding 334 Bitcoin at an average price of $85,839.

#bitcoin #Stratgey

Record Japanese 30-year bond yields reached a new high of 4.235%, as the Bank of Japan said that sales of bonds related to artificial intelligence are contributing to higher long-term interest rates.

This is the highest level since Japan began selling 30-year bonds in 1999, and it first surpassed 4% in May.

The record came as traders were waiting for a speech by Prime Minister Sanaye Takayichi to parliament, according to Reuters.

Nvidia company $NVDA achieves a new record level, surpassing a market value of $5.72 trillion.

The price of Bitcoin fell from $87,000 to below $84,000 within hours, resulting in losses of nearly $600 million in trades.
Since then, the price of Bitcoin has stabilized around $84,800.

Quick Notes on Bitcoin:

Closed the month up 6.33%, following a clear rebound from the monthly MA 50.

On the monthly timeframe, the Stochastic RSI is moving positively out of oversold zones, and the current pattern resembles the bottoms of previous cycles that preceded strong breakouts.

The last low was at $57,748 (-54%). It was less deep than the lows of 2015 (-86%), 2018 (-84%), and 2022 (-78%), reflecting relative strength.

Support: the monthly MA 50 around $85,000. Holding above it keeps the outlook positive.

#BTC $BTC

The hacker who stole $3.8 million from NEAR Intents returned every dollar.

Less than 24 hours after the alleged attacker’s identity was publicly revealed and given 48 hours to return the funds, the attacker sent the full amount of $3.8 million.

The hacker also left a message on the blockchain, admitting he “made a mistake,” thanking the team for handling the return respectfully, and urging NEAR to use bug bounties instead.
$NEAR