The Strait of Hormuz was hit by another explosion in the early hours. A tanker caught fire east of the strait, and at least 10 supertankers turned around and left Fujairah. Brent topped $106. You'd think the safe-haven narrative for $BTC would take off in a situation like this, but the price barely moved. That shows the market isn't worried about inflation right now—it's worried about liquidity.
Chip stocks crashed during last night's Asian session, dragging the crypto market down with them and triggering liquidations of over $800 million in leveraged positions. The wildest part: SanDisk perp liquidations exceeded $XRP 's. There are really a lot of people trading U.S. stock perps on Binance.
Institutions, meanwhile, haven't been idle. Interactive Brokers (IBKR) has officially launched $ETH staking, letting clients stake directly from their U.S. stock accounts and earn yield. A traditional brokerage opening up a legitimate channel for ETH is worth more than any amount of hype.
Here's my take: geopolitical tensions won't cause a major crash in the short term. The real landmine is AI credit debt. CoreWeave's spreads hit 1,000 bps for the first time, and Oracle bonds are already trading at junk prices. If things really blow up over there, $BTC won't be spared either. Keep your positions light tonight.
NFA DYOR
#比特币 #以太坊 #加密货币 #地缘政治 #BTC
Chip stocks crashed during last night's Asian session, dragging the crypto market down with them and triggering liquidations of over $800 million in leveraged positions. The wildest part: SanDisk perp liquidations exceeded $XRP 's. There are really a lot of people trading U.S. stock perps on Binance.
Institutions, meanwhile, haven't been idle. Interactive Brokers (IBKR) has officially launched $ETH staking, letting clients stake directly from their U.S. stock accounts and earn yield. A traditional brokerage opening up a legitimate channel for ETH is worth more than any amount of hype.
Here's my take: geopolitical tensions won't cause a major crash in the short term. The real landmine is AI credit debt. CoreWeave's spreads hit 1,000 bps for the first time, and Oracle bonds are already trading at junk prices. If things really blow up over there, $BTC won't be spared either. Keep your positions light tonight.
NFA DYOR
#比特币 #以太坊 #加密货币 #地缘政治 #BTC