New Binance Research data shows weekend stablecoin transfers averaging 76 billion dollars, or about 38 billion dollars per day. That is getting close to Visa's daily payment volumes. This is what a real 24/7 financial system looks like. Blockchain rails never close, and value can move across borders at any hour.
Binance keeps its top position in both spot and derivatives trading🏆
They capture 25.9 percent of global spot volume and 37 percent of derivatives volume this year. That works out to roughly four times the spot volume and twice the derivatives volume of the next biggest exchange. They also ranked number one in the CoinDesk Exchange Benchmark for market quality, thanks to the deepest liquidity, tightest spreads and lowest slippage. This edge is exactly why Binance can lead in newer areas like RWAs too.
STRATEGY is one of the main reasons BITCOIN has been underperforming compared to the traditional stock market. 🚨
Everyone loves the Saylor stacking narrative with over 847K BTC. But when you zoom out on the capital structure, the leverage game is way more complicated than the hype.
BITCOIN is sitting around $62.6K right now. That is below many of their recent average buy prices. The stock has traded near or even below the value of its Bitcoin holdings at times. There is also ongoing dilution from issuing more shares, which can drag the stock price down.
Honestly, it is hard to see $BTC pushing higher unless we get some positive news out of $MSTR
It seems like we might be getting close to the bottom there. $BTC often moves the opposite way when oil prices shift, and right now everything is pointing toward a possible capitulation in the market.
Just be careful with your trades and manage your risk.
Une fois que le $BTC passe sous la moyenne mobile sur 200 jours, cela finira par conduire à la capitulation. Nous l’avons vu la fois précédente.
OUI, il peut encore monter un peu à partir d’ici. Je pense que nous avons encore quelques jours à passer à la hausse. Mais cela redescendra aux alentours de 50k. À ce moment-là, je serai intéressé par l’ajout de davantage de positions spot. Pour l’instant, c’est une période de trading et de scalping.
We have some serious volatility coming today. The unemployment rate and Non Farm Payrolls data drop at 12:30 UTC.
Here is a simple breakdown of what to expect. If the unemployment rate comes in higher than expectations, it often leads to a big downside move. If it lands right on expectations, we might see sideways movement. If it comes in lower than expectations, that usually means an upside move.
Mark your calendar for 12:30 UTC today. This data can really shake up $BTC and the whole crypto market.
I’m expecting much lower from here around ~$54k. Unemployment rate data drops on July 2nd, and if it comes in higher than expected (4.3%), we’ll likely bleed down to those levels.
Personally, I’m forecasting 4.4%. But I’ll wait for the data to come out and volatility to cool off before getting more confident with my trades!
$BTC just dropped below $59k 🚨 I’m expecting a much deeper move, around ~$54k. Unemployment rate data comes out on July 2nd. If it prints higher than expected (forecast: 4.3%), we’ll bleed down to those levels!
La plupart des jetons crypto sont inflationnistes. Ils créent de nouvelles pièces régulièrement et diluent la valeur pour les détenteurs. C’est généralement acceptable quand la demande augmente, mais dans un marché baissier, cela devient un vrai casse-tête. $BNB fonctionne différemment. Il a une inflation négative car des brûlages trimestriels réduisent progressivement l’offre totale. Le nombre de pièces diminue au lieu d’augmenter. Cette rareté intégrée aide à protéger la valeur des détenteurs. Lors du prochain cycle haussier, cette diminution de l’offre, combinée à l’utilité de BNB, pourrait lui permettre de se démarquer.
Je ne comprends pas pourquoi on n’en parle pas davantage. Qu’en pensez-vous ?
$AVAX was one of my favorite altcoins. But its recent performance has been rough, just like most other coins. It already broke the long-term support around the $9 zone and is now trading even lower.🚨
If it loses the current $6 support, it could drop hard like $DOT did. That said, I still believe $AVAX has strong long-term potential. I think it has already capitulated, which makes this a good time to buy a small percentage of your total allocation
$BTC doesn't seem to have much liquidity left below 57K on the higher time frames. Without that fuel, there's really no strong reason for price to keep pushing lower right now. 🔔
If we tap into those levels though, it sets up a clean scalp long opportunity. That said, if 57K gets taken out anyway, even without liquidity sitting there, we could see a move down toward the 53K zone. This area is getting close to what might be a real capitulation point.
Core PCE and GDP data are dropping today. $BTC will react to these numbers for sure.
For GDP: If the data comes in right as forecasted, we should see some sideways movement. If it prints hotter than expected, that could spark an upside move. Otherwise, downside continuation looks likely.
Note that PCE & GDP are inversely correlated. For PCE, lower is better.
Binance has decided to withdraw its MiCA licence application in Greece and will pursue authorisation in another EU member state. They will announce the specific country publicly when they are ready.
Only users who are impacted will receive an email before July 1 with instructions. For everyone else, it is business as usual for now.