On June 11, the total net outflow of US Bitcoin spot ETFs was $200 million, the second consecutive day of outflow. Grayscale ETF GBTC had a single-day outflow of $121 million, and the total net asset value of Bitcoin spot ETFs fell below $60 billion, currently at $59.227 billion. — link
Читать полностью…Spot Buys coming in after all those controlled selling. These are first signs of reversal.
Читать полностью…🇨🇳 World's largest bank, ICBC, says Ethereum is providing technical power for the digital future, and it's a digital oil.
Читать полностью…Binance Labs announced that it has invested in Zircuit, a zero-knowledge rollup with AI-enabled sequencer-level security. Zircuit is a new Layer 2 (L2) network that introduces a novel approach to on-chain security. — link
Читать полностью…$BTC Came in surprise, market started Hedge mode just before US CPI and FOMC. Such moves comes in when there is low confidence for favourable numbers. Staying flat this week (No new trade entries) until macro numbers release and give us a clear trend direction.
Читать полностью…SEC Chair Gary Gensler says "#crypto exchanges are doing things the law would never allow NYSE or traditional exchanges to do."
Читать полностью…ETH ETF decision time. A rejection of ETF - entire market will bleed. An approval will send markets to next leg UP. Keep risk minimum and trade safe.
Читать полностью…$BTC at critical level. Bullish Line in sand at 68600 - reclaiming it will send it to ATH. Reject bull market is postponed for now and BTC will see lower prices (65-66k). coming weeks will show us the trend. Until then stay flat and don't overtrade. Adios family.
Читать полностью…After couple of hours, consistent spot bid flows and price bounced off 66k. Above 67.5k shorts will squeezed out.
We at MW Family are already positioned to Long side.
On June 10, the total net outflow of Bitcoin spot ETFs was $64.9318 million, the first net outflow after 19 consecutive days of net inflows. Grayscale ETF GBTC had a single-day outflow of $39.5366 million, Bitwise ETF BITB had a inflow of $7.5910 million, and BlackRock ETF IBIT had an inflow of $6.3433 million.
Читать полностью…Macro Update
$BTC still trading above Bullish LIS $70k. Two macro numbers to keep an eye out this week and next week are US Unemployment Claims and US CPI.
A lower than expected jobless claims report tonight and the CPI release next week might potentially be the trigger for a new all time high for BTC.
Long $ETH (Risky)
Entry: 3720
SL: 3626
Targets: 3835 - 3925 - 4400
Risky but if ETH is bullish, we should see new sets of flow coming in.