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https://x.com/SharpeLabs/status/1828078864595034203?t=2q0hHLZszcIoZBLgCx8ugA&s=35
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This sell off might be the Eth foundation selling on Kraken
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⚡️French authorities reveal charges against Pavel Durov
Among them:
-Complicity in administration of an online platform allowing for an illegal transaction
-Refusal to give up, at the request of the authorities, information or documents necessary for the realization off law enforcement action
-Complicity in possession of child pornographic images
-Complicity in acquisition, transporting, possession, or distribution of illegal drugs
-Involvement in money laundering offences
-Providing illegal cryptological services (communications privacy)
#Durov #France - Boost
Market today:
Global markets - dove-ish
Crypto - bullish (correction in play)
Significant events upcoming- hopeful of rate cuts and JPN rates expected to go up, both in Mid September
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Today's Events:
- $TON Rumored French Statement on Arrest
- $ORDER Airdrop Claim & Staking
- $DYDX Relaunch of Incentives Program
- $DOGS Spot Listings (Binance, Gate, MEXC etc.)
- $ORDER Spot Listings (KuCoin, Gate, MEXC etc.)
- $SUNDOG Bybit Futures Listing
- $GNO Pay Reward Fund Launch
News and Narratives:
- $TON CEO was arrested Saturday in France, EU said it's an isolated investigation
- $MKR DAO set to offer optional MKR conversions for new governance token
- $FET Launched Innovation Lab with $10M fund for startups
- $ICX Balanced integrated with $SUI mainnet, will add token as Network Owned Liquidity
- $BTC Miners are reportedly struggling with power costs and lowered margins
- $STX Confirmed the awaited Nakamoto upgrade will start this week
- $BDX Announced the Hermes Hardfork, scheduled for September
- $ETH Vitalik plans a day focused on AI at upcoming Devcon in Bangkok
- $MATIC - $AVAX -$ZK Discord servers have been hacked, leading to token losses
- $META Reportedly stopped working on its next generation VR headset
- $SHIBA Marketing lead announced plans to launch a DAO
- $EURI Binance announced the spot listing scheduled for August 28
General News:
- BingX Became latest CEX to launch pre-market futures
- FTX US Trustee objected to the FTX payout plan, citing legal concerns
- Kraken Judge in California ruled that SEC lawsuit can move forward
There is no logical reason why it should. As close as it getse to giving it logic is that EVERYBODY believes it will be filled and everybody stops buying until it comes back down
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Yeah that is true. Could see us revist these levels for sure
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That is hokis-pokis. It only feels like it always gets filled because stonks and crypto prices range
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There is a pretty big gap 😄 But I guess it does not have to fill.
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Pretty sure things will moon if they lower rates.
We have to watch the JPN rates too, from memory, the 17 of Sep
Market likely to have another green week and probably stay green up until mid September. I was expecting more of a correction but maybe not
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Oil prices have gone up, Japan won’t cut rates, if anything we might see another reverse carry trade dump.
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BRICS: Payments in Chinese Yuan Surpasses the US Dollar by 2.5%
https://watcher.guru/news/brics-payments-in-chinese-yuan-surpasses-the-us-dollar-by-2-5
I was expecting a correction but instead we will likely stay green
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We might even fill it next year when the bull market ends
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think we might have a bit of a dump today when US market opens.
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That's what I was thinking and that's pretty certain for mid September. It is only .25% most likely but hopefully gets markets excited
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Think they'll be a correction after the interest rate lowering?
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Yeah well it is true I guess. Too me all politicians are idiots. And if you want proof of that just look at the world.
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