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People on the timeline are capitulating on Bitcoin again, and I think this is the worst time in the last 12 months to do it. If the bears are right they protect very little from here, and if they're wrong they miss a lot of upside. The level I care about is a weekly close below $75,000, not a wic...
Midterm elections week starts with Bitcoin around $78,000. The odds now give Democrats a 73% chance of sweeping the House and Senate, and for stocks that history is fine: in the last 19 midterm years the S&P 500 averaged a 14.4% gain over the following year. The $40,000 Bitcoin targets come f...
The Fed held rates yesterday, and the December hike is already priced in at roughly 77% to 80% odds across CME FedWatch and the prediction markets. The real question is how many more hikes come next year, and right now that is close to a coin flip between one and two, with March the most likely m...
Binance lost $6.3 billion yesterday in the largest single theft by dollar amount on record, and it came from a compromised signing key, not the exchange's trading system. About $3 billion has already been frozen by Tether, Circle and other issuers, roughly $2.4 billion is still in the hacker's ha...
Injective co-founder and CEO Eric Chen wants Injective to be the place to trade any asset you can name: stocks, commodities, forex and crypto, from the biggest names to the most niche, on one chain. His goal: if you can find it on TradingView, you can trade it on Injective. Eric co-founded Inject...
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