Independent thinking for complex markets and current events
Bitcoiners might wanna call Larry and Michael Breaks below 58k and a indiscriminate bloodbath begins. pic.twitter.com/QsxomdM6xi — The Great Martis (@great_martis) July 4, 2024 What happens tomorrow morning when Bitcoin ETFs open for trading and they gap down through stop losses? A: Those stop losses become market orders and Bitcoins get liquidated en masse. And …
CAUTION: Bitcoin has now broken back into its rising channel after spending 4 months above it Until the channel resistance is reclaimed, downside risk is elevated pic.twitter.com/joLSQk2hcA — Bravos Research (@bravosresearch) July 2, 2024
Bitcoin prices plunged overnight after now-defunct Bitcoin exchange Mt. Gox said it would begin distributing assets stolen from clients in a 2014 hack starting in July, after years of postponed deadlines. “The Rehabilitation Trustee has been preparing to make repayments in Bitcoin and Bitcoin Cash under the Rehabilitation Plan,” trustee Nobuaki Kobayashi said in a statement posted …
Is the US economy falling into a recession? US Q1 GDP growth was only 1.3%, below the 1st data reading of 1.6%. At the same time, Core PCE Price Inflation Index was 3.6%, acutely up from 2% in Q4 2023. This is the worst scenario for Fed.👇👇https://t.co/YKUIvPmqXt — Global Markets Investor (@GlobalMktObserv) June 23, 2024 …
The Winklevoss Twins endorsed Donald Trump for President and have each donated $1 million in Bitcoin to him. Will Zuck copy them this time? pic.twitter.com/IbqTJOgBDc — ALX 🇺🇸 (@alx) June 20, 2024 I just donated $1 million in bitcoin (15.47 BTC) to @realDonaldTrump and will be voting for him in November. Here’s why: Over the …
https://x.com/jsblokland/status/1790858643094614518
Good evening,#Bitcoin $63264.00 USD Who owns the most #Bitcoin ? pic.twitter.com/nt6rZTlwW7 — RRR (@rish55350) May 7, 2024
After 15 years Bitcoin has officially processed nearly as many transactions as the world needs in one day. In 2022, global credit card transactions were estimated to total 678 billion, or 1.86 billion per day. https://capitaloneshopping.com/research/number-of-credit-card-transactions/#:~:text=Highlights.,%2D10%20in%2Dstore%20purchases. Bitcoin costs (before recent halving) more than 100 CO2e per coin and emits more pollution than whole countries, yet over …
As Bitcoin’s price tumbles by over 22% from its peak, marking its descent into a bear market, investors face a stark reality check after a prolonged period of soaring values. With prices dipping below $60,000 for the first time since February and recording the most significant drop since November 2022, anticipation mounts for potential record …
Last night the introduction of Hong Kong-based Bitcoin ETFs was a disaster:https://t.co/mZddghUu3mThe six ETFs that commenced trading in Hong Kong on Tuesday fell far short of expectations, with a combined trading volume of just $11 million, a fraction of the expected $100… pic.twitter.com/hapwRJUe8p — Mac10 (@SuburbanDrone) April 30, 2024
https://twitter.com/FinanceLancelot/status/1785290433788027294 This is a waterfall pattern that happens before collapse. Good luck. pic.twitter.com/J4lye5yQnt — Financelot (@FinanceLancelot) April 30, 2024 Happy DTCC Ripple Effect Day! pic.twitter.com/q8sKKZ4lcC — Skulls & Bones & Dow Jones (@SkullsBonesDowJ) April 30, 2024
Bitcoin halving is an event programmed into the Bitcoin protocol that occurs approximately every four years. During a halving, the reward that miners receive for validating transactions and securing the Bitcoin network is cut in half. This reduction in mining rewards serves to control the inflation rate of Bitcoin and ensures that the total supply …
The first week of Bitcoin halving sent Bitcoin back below the prior all time high and below the 8 week moving average for the first time in six months. Despite record inflows. pic.twitter.com/Ulszds2gI8 — Mac10 (@SuburbanDrone) April 28, 2024
by 2ndSifter Saylor goes balls to the walls in this one with nearly 7 mentions per page. This company has more outstanding convertibles than a car dealership next to an army base, and probably thinks a sinking fund is just another name for the Titanic. The amount of cash they have on hand might be …
The Canadian Press Fri, April 19, 2024 at 7:07 a.m. EDT·6 min read NEW YORK (AP) — Sometime in the next few days or even hours, the “miners” who chisel bitcoins out of complex mathematics are going to take a 50% pay cut — effectively slicing new production of the world’s largest cryptocurrency in half. …
Imagine my surprise when I checked the futures this morning. Bitcoin halving in about 12 hours. https://finviz.com/futures.ashx “That is the only thing that has kept the doors open, so to speak, is the fact we are able to borrow an unlimited amount of money because we are the world reserve currency. Foreigners backing away from …
Like i have been saying for several years, I am not sure what Bitcoin is, but it’s NOT a substitute for gold. @GoldTelegraph_ https://t.co/GZ1qY09yTX — Frank Giustra (@Frank_Giustra) April 15, 2024 Fascinating chart of Bitcoin vs. Nasdaq 3x leverage. pic.twitter.com/VyvGxLY6j5 — Otavio (Tavi) Costa (@TaviCosta) April 16, 2024
This week's $BTC halving could result in Bitcoin miners sustaining annual losses of up to $10 billion pic.twitter.com/Dla29MP5Mv — Win Smart, CFA (@WinfieldSmart) April 16, 2024
Iran launches drones towards Israel. Price of Bitcoin collapses, while price of Gold spikes up. Turns out Bitcoin wasn’t much of a doomsday hedge, since you can’t use Bitcoins if the grid goes down. As we potentially head towards WWIII, Bitcoin crashes down, and Gold spikes up. https://coinmarketcap.com/currencies/bitcoin/ https://coinmarketcap.com/currencies/pax-gold/ I know from experience that when …
JUST IN 🚨: Fidelity now holds more than 150,000 Bitcoin $BTC worth over $10.2 billion https://t.co/FRsl8RBpiL pic.twitter.com/cmcmS9k6B4 — Barchart (@Barchart) April 9, 2024
🚨HSBC LAUNCHES DIGITAL GOLD The HSBC Gold Token is the first #digitalgold coin in the world launched by a bank for retail buyers. ✅ Gold tokens represent gold in bank’s vault ✅ Blockchain allows holders to more easily track #gold they own pic.twitter.com/OSU4jnD9wa — Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) March 27, 2024 HSBC’s …
Manufacturing is dying…inflation is broadening…and the kids are trading a coin called “Joe Boeden” https://t.co/j5rTZY0CMz pic.twitter.com/V7mwSuLUc0 — Will DeCotiis (@Will_DeCotiis) March 15, 2024 The latest data from the U.S. NY Empire State Manufacturing Index paints a grim picture, with March’s figures plummeting to -20.9, indicating a rapid decline in the sector. Every indicator spells trouble: …
When everyone is telling you that you are so smart for buying #bitcoin at $73,000 and insulting you for doing the opposite. You might be entering into a good contrarian trade. That said, as I told Mike Maloney in an interview decade ago, $BTC can turn into a massive pump job. — Peter Spina ⚒ …
Bitcoin’s record-breaking rally appears to be creating around 1,500 new “millionaire wallets” daily, per Bloomberg + Kaiko Research. — unusual_whales (@unusual_whales) March 13, 2024
During the first three months of 2024, crypto traders have been utterly transfixed by the drama of Bitcoin (CRYPTO: BTC) decisively smashing through its former all-time-high of $69,000. Now trading just north of $72,000, Bitcoin has the attention of all investors, who are wondering just how much higher it might go this year. The good …
SWEDEN’S top banking chief has branded Bitcoin as ‘pure speculation’ that doesn’t belong in the nation’s financial system. Speaking after a parliamentary hearing earlier today, Erik Thedeen, governor of Stockholm’s central bank, warned Swedes off investing in cryptocurrency. “I want as little Bitcoin as possible in the Swedish financial system,” he said. “It’s an instrument …
New high for Bitcoin today, but as we see the Tesla inspired high was slightly above the Gamestop high and this high is slightly above the Tesla high. Classic bull trap action. True to form, this Disney bubble is ending with an an asset class that doesn't physically exist being… pic.twitter.com/YbEeOMo5k0 — Mac10 (@SuburbanDrone) March …
