Over the past three days, the U.S. government has transferred nearly 18,000 #BTC to Coinbase Prime, worth around $1.54 billion in total. Bitcoin plunged in a sudden wick early this morning, and altcoins were hit even harder. Liquidations across the crypto market reached $1.1 billion in 24 hours. It reminded me of 2023, when Grayscale’s selling spooked me into clearing out my holdings. But thinking about it the other way, the U.S. has been pushing crypto forward for years—why would it suddenly turn around and crash its own market? There must be some kind of plan. So far, there’s been no official explanation; they’re just leaving retail investors to interpret it themselves and imagine the worst, shaking out those who aren’t committed.
There’s also been some good news for BERA today. Before, if you wanted to move assets into Berachain, you had to shuffle them between various CEXs and DEXs, which was a hassle once you added up the fees and slippage. Now it’s integrated with RHEA, so tokens from dozens of chains can be bridged and swapped in one go. Moving assets in and out is now much more efficient, making things a lot easier whether you’re a retail investor entering the market or rebalancing funds. Give it a try.
Lastly, about this #CRCLB : it looks like it’s bounced off the bottom. It didn’t fall much even when Bitcoin crashed last night, and I’ll keep buying more going forward. This time, I’ll stop buying once it reaches 90. I hope everyone thinks long term and doesn’t let market manipulators lead them by the nose. $CRCLB
There’s also been some good news for BERA today. Before, if you wanted to move assets into Berachain, you had to shuffle them between various CEXs and DEXs, which was a hassle once you added up the fees and slippage. Now it’s integrated with RHEA, so tokens from dozens of chains can be bridged and swapped in one go. Moving assets in and out is now much more efficient, making things a lot easier whether you’re a retail investor entering the market or rebalancing funds. Give it a try.
Lastly, about this #CRCLB : it looks like it’s bounced off the bottom. It didn’t fall much even when Bitcoin crashed last night, and I’ll keep buying more going forward. This time, I’ll stop buying once it reaches 90. I hope everyone thinks long term and doesn’t let market manipulators lead them by the nose. $CRCLB