BITCOIN UPDATE: $76K / $78K RELIEF PUMP OR FURTHER DOWNSIDE? ⚠️🚨
If we talk about Bitcoin’s current situation, BTC touched $72,700 today.
At the moment, almost all the available news and market developments are indicating a bearish trend. However, whenever the market becomes extremely bearish and an excessive number of short or long positions are opened, we often see sudden fake pumps or dumps, regardless of the news, simply to liquidate traders and grab liquidity.
My current focus is on the...
After the open: the 10-year yield broke above 5% (5.01%) and the selling spread to almost everything.
→ A China espionage controversy knocked Nvidia down 6.4% to $167.2
→ GE Vernova down 7.1%, Marvell down 1.9%, Russell 2000 down 1.2%; gold also down 2.8%
→ VIX at 20.7
I think with rates at 5%, companies with pricing power will hold up, and the ones that can't pass costs on to customers will get crushed. Worst case: if the 10-year closes above 5%, the selling carries into tomorrow; I'm on my scr...
Wall Street just put real money behind its own stablecoin.
Goldman Sachs, Citi, Santander and Deutsche Bank have committed around $270M to fund a joint venture that will issue a US dollar stablecoin, per Bloomberg. The funding covers five years of operations. The venture builds on a consortium of 21 financial institutions that announced the plan in September, targeting a launch in the first half of 2027, with a euro version to follow.
This is no longer a crypto-native experiment. The world's b...
$ZEC 20% of rally coming or… 🫰🎀
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ZEC is facing intense bearish pressure, having plunged from nearly $1,200 to $1,087 in a brutal rejection that erased recent gains. The price is now rapidly approaching the crucial psychological $1,000 support level, a decisive threshold that could either offer buyers a chance for a strong reaction and fight back or, if it fails, trigger a deeper correction.
#ZEC #Cash #Confusion
{spot}(ZECUSDT)
Binance is applying enhanced compliance measures following FinCEN’s designation of MEXC as a Primary Money Laundering Concern.
Effective immediately, users should not send funds to, receive funds from, or otherwise transact through Binance involving MEXC, MEXC Global, MEXC affiliates or related entities. Requests to send funds to MEXC addresses will be rejected.
Any direct or indirect transaction involving these entities will be subject to further review. Impacted funds and accounts may be tem...