"Crypto Tsar" David Sacks sold assets worth $200,000,000, including BTC, ETH, SOL, and shares of Coinbase and Robinhood, to avoid conflicts of interest.
🇪🇸 Spanish banking giant BBVA has received approval from the local regulator to trade BTC and ETH — the bank has been seeking this decision since 2020.
CRYPTOQUANT ANALYSTS: ETHEREUM IS GOING THROUGH A DIFFICULT PERIOD.
The ratio of unrealized profits among large Ethereum holders has fallen to a level not seen since the previous 'bear' cycle, experts from CryptoQuant reported.
Analysts explained that the unrealized profits of large Ethereum holders, holding between 1,000 ETH and 10,000 ETH, have turned negative.
"Ethereum is currently going through a tough period. The ETH/BTC ratio continues to decline, and the market is facing intense FUD (fear, uncertainty, and doubt) and complicated price dynamics," the statement said.
According to experts, there is a decrease in the number of Google search queries related to Ethereum, which once again confirms the difficult situation for the second-largest cryptocurrency by market capitalization.
Despite the doubling of Ethereum's value, holders of the asset should not expect a resumption of the bullish trend in the near term, analysts concluded.
Earlier, researchers at Matrixport stated that the futures market is showing a sharp decline in open interest in Ethereum amid macroeconomic uncertainty.
🇺🇸 Donald Trump confirmed that the USA is imposing a 25% tariff on Canada and Mexico starting March 4, and from April 2, mutual tariffs will be applied to different countries.
Additionally, an extra 10% tariff will be introduced for China.
Although creditors are being repaid at the rate at the time of the FTX collapse in 2022, this bankruptcy can be considered the most profitable settlement in history.
BTC, ETH, SOL have grown significantly, which not only helped return funds to creditors, but also earned money for the liquidators.
❗️ Important: FTX users from Ukraine, Russia, China, Egypt and Nigeria are not yet eligible to receive payments from the exchange. FTX is looking for solutions.
The positive is that people will be able to get their money back, but they might not have received anything
📚 "Zone Trading" by Mark Douglas - all the most important in 5 minutes
The main problem of traders is the inability to manage themselves. This book is not about trading strategies, but about psychology, without which you cannot last long in the market.
The main thing:
▪️ The market does not owe anyone anything. Stop looking for justice in transactions or hoping that the market will "give back" to you what you have lost.
▪️ Create rules, do not rely on luck. Trading is a system where success is built on clearly defined principles.
▪️ Risk control is the key to success. Determine in advance how much you are willing to lose, and strictly adhere to this limit.
▪️ Emotions interfere with rationality. Fear of loss or euphoria from profit is what ruins even the strongest strategy 😟
▪️ Focusing on small things often leads to failure. Look at the market as a whole, and don't get lost in the noise and short-term trends.
Trading is not a fight with the market, it is a fight with yourself.
This book is a basic guide to psychology for every trader 💵
📚 "Zone Trading" by Mark Douglas - all the most important in 5 minutes
The main problem of traders is the inability to manage themselves. This book is not about trading strategies, but about psychology, without which you cannot last long in the market.
The main thing:
▪️ The market does not owe anyone anything. Stop looking for justice in transactions or hoping that the market will "give back" to you what you have lost.
▪️ Create rules, do not rely on luck. Trading is a system where success is built on clearly defined principles.
▪️ Risk control is the key to success. Determine in advance how much you are willing to lose, and strictly adhere to this limit.
▪️ Emotions interfere with rationality. Fear of loss or euphoria from profit is what ruins even the strongest strategy 😟
▪️ Focusing on small things often leads to failure. Look at the market as a whole, and don't get lost in the noise and short-term trends.
Trading is not a fight with the market, it is a fight with yourself.
This book is a basic guide to psychology for every trader 💵