80130
Cryptopunk🤙 My telegram channel is only for entertainment purposes, no financial advice. Contact: @danieltraders
#BTC has established support around 16k$☝️
It's no doubt market is bearish, but do not short into support😉
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It took us approx 560 days for the cycle low to be in after Mt. Gox insolvency☝️
Now we have FTX bankruptcy: If we aplly the same time period, then we will have a cycle low somewhere around Halving date.
#BTC
Tether begins freezing FTX USDT at the request of Law enforcement
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At least it's good to see Binance is well backed💰
Binance's balance:
BTC(~475K BTC)
ETH(~4.8M ETH)
USDT(~17.6B USDT)
BUSD(~21.7B BUSD)
USDC(~601M USDC)
BNB(~58M BNB).
It's only majors tokens they have!
JUST IN: FTX CEO Sam Bankman-Fried says without more capital, bankruptcy is likely
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#FTT Update
At this point you understand why 22$ support was so important☝️
Dumped to below 5$ once the one got lost🛩
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#BTC
We have another bearish narrative with FTX & Alameda potential insolvency☝️
Let's see if it drives price downside
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The chief security officer of Kraken says that they know the identity of the person who moved $600M out of FTX last night 👀
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🧐DeCrypt: Binance still owns 5% of total supply of #FTT (60 000 000$)
- According to Decrypt, Binance sold only few amount of its FTT, before announced the refuse of acquiring FTX.
- Based on Etherscan, wallet which Binance FTX tokens were transferred to, still contains 17 000 000 FTT, which currently costs 60 000 000$. Binance holds 5% of total supply of FTT.
📍Seems CZ was not even selling and was not going to acquire FTX - good spectacle. We are going to see much interesting ahead!
Stocks, Gold, Bitcoin and the Euro after the CPI report:
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#BTC
We just have a bearing flag breakout on weekly💁♂️
🐻
BREAKING: Binance walks away from FTX deal, WSJ reports
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CoinDesk: Binance is highly unlikely to go through with its proposed acquisition of FTX after less than a day of reviewing the company, according to a person familiar with the matter.
Source
More and more people stop staking $SOL 🤨
Now 49,619,880 $SOL ($982M) will hit the market after 20 hours
#BTC
Local support is lost and now we are going to hit swing lows📉
Invalidation for the setup is cross back above the green support.
#FTT
It's all about 22$ support level👀
📍Holds the one and we are good. Break below will trigger a leg downside
#BNB vs. #FTT
CEO of Binance announced that they will liquidate any remaining FTT on their books during a few months
Link
#ALGO/USDT broke out of inverse Head & Shoulders on daily🔥
So far +12% profited😎
More to come!
#GRT/USDT is now testing the confluence of top of falling wedge + ichi cloud resistance zone☝️
Bullish if we able to break out📈