š„ 5 big stories this afternoon: Story #2 could change FILās supply curve
Guys, the marketās asleep, but the news isnāt.
Here are 5 things you need to know todayāeach one bigger than the last.
ā STRK surges 40%, breaks above $0.10 to hit a new high for the year
According to Bitget market data, STRK has gained more than 40% in the past 24 hours, climbing above 0.1 USDT. Lookonchain also reported that a trader opened a new wallet yesterday and went 3x long on STRK, making $1.05 million in unrealized profit in a dayāsomeoneās already made a killing. $STRK
ā” Countdown: 3 days until FILās major supply event
On October 14, Filecoinās six-year genesis token vesting period officially ends. According to data from The Defiant cited by Foresight, FILās annualized new supply is expected to fall by about 77% afterward. Selling pressure from new miners is set to drop off a cliffāyou know what that means. $FIL
ā¢ Trouble at Ledger: hardware wallets reportedly tampered with
Ledger Support has officially confirmed that an unauthorized hardware implant was found in a userās device. Distributor CryptoBilis has stopped selling the hardware wallets. A hardware wallet isnāt an absolute guarantee of safety, so make sure you buy from an authorized source.
ā£ ETHās danger zone is below $2,392; BTC bears are in trouble above $86,493
According to ChainCatcher liquidation data, if ETH falls below $2,392, cumulative liquidation intensity for long positions across major CEXs would reach $475 million. If BTC breaks above $86,493, cumulative liquidation intensity for short positions would reach $608 million. BTC is currently around $83,000 and ETH around $2,500 (prices checked live at 13:43)āneither level has been hit, so the short-term market is caught in the middle.
ā¤ Fear & Greed Index at 61: the market is still in āgreedā territory
According to Alternative.me, the index fell to 61 today. Prices havenāt moved, but sentiment has already cooled.
One last question: Do you think this FIL supply gap is already priced in, or will the bullish impact only kick in after the 14th? Let me know in the comments.
#å åÆ蓧åø #ęÆē¹åø #Ethereum
Guys, the marketās asleep, but the news isnāt.
Here are 5 things you need to know todayāeach one bigger than the last.
ā STRK surges 40%, breaks above $0.10 to hit a new high for the year
According to Bitget market data, STRK has gained more than 40% in the past 24 hours, climbing above 0.1 USDT. Lookonchain also reported that a trader opened a new wallet yesterday and went 3x long on STRK, making $1.05 million in unrealized profit in a dayāsomeoneās already made a killing. $STRK
ā” Countdown: 3 days until FILās major supply event
On October 14, Filecoinās six-year genesis token vesting period officially ends. According to data from The Defiant cited by Foresight, FILās annualized new supply is expected to fall by about 77% afterward. Selling pressure from new miners is set to drop off a cliffāyou know what that means. $FIL
ā¢ Trouble at Ledger: hardware wallets reportedly tampered with
Ledger Support has officially confirmed that an unauthorized hardware implant was found in a userās device. Distributor CryptoBilis has stopped selling the hardware wallets. A hardware wallet isnāt an absolute guarantee of safety, so make sure you buy from an authorized source.
ā£ ETHās danger zone is below $2,392; BTC bears are in trouble above $86,493
According to ChainCatcher liquidation data, if ETH falls below $2,392, cumulative liquidation intensity for long positions across major CEXs would reach $475 million. If BTC breaks above $86,493, cumulative liquidation intensity for short positions would reach $608 million. BTC is currently around $83,000 and ETH around $2,500 (prices checked live at 13:43)āneither level has been hit, so the short-term market is caught in the middle.
ā¤ Fear & Greed Index at 61: the market is still in āgreedā territory
According to Alternative.me, the index fell to 61 today. Prices havenāt moved, but sentiment has already cooled.
One last question: Do you think this FIL supply gap is already priced in, or will the bullish impact only kick in after the 14th? Let me know in the comments.
#å åÆ蓧åø #ęÆē¹åø #Ethereum