$BTW is weak but I’m not calling a major crash yet ...
BTW pushed into the $1.49 area, sellers stepped in & price has now slipped back below $1.43. The 15M structure is starting to look weaker.
I’m watching $1.42–$1.44 closely now.
If BTW retests that area and gets rejected again, the next target profits on my chart are $1.36, then $1.30 and $1.20.
The bigger 4H & daily trend still looks bullish though, so I’m treating this as a possible short-term flush but not a confirmed full trend reversal or crash...
A strong move back above $1.49 with good volume will invalidate my trade setup
Would you treat this as a short-term flush or Crash?
Sharing my own market plan not financial advice...
Tokenized Stocks Are Taking Over The RWA Narrative 🫢
The tokenized RWA market has crossed $34B, but the really interesting part is what’s happening with tokenized stocks... Dune found tokenized stocks grew more than 2,000%, with active holders crossing 1 million 🥂
Even crazier, tokenized equities were only around 8% of RWA value but generated about 93% of August spot trading volume 🧐
Stocks are slowly moving into the onchain world with 24/7 access and blockchain settlement
THORChain Refused to Block the $388M Bitget Hacker 😳 Defending Crypto or Enabling Hackers?
Here’s what happened behind the scenes 👇
Right Now Bitget was hit by a security breach on Sept 24, with the total affected assets later revised to around $387.5M. But Bitget also said it would fully cover the financial impact of the incident, protecting users from losses caused by the breach. The attacker then started moving part of the stolen funds through different routes, including THORChain.
Bitget CEO Gracy Chen asked THORChain to block the addresses linked to the hacker, but THORChain refused, saying its emergency controls are meant to protect the protocol as a whole rather than selectively block specific wallets.
And while that debate is happening, the money is still moving. Around 2,390 $ETH was swapped into 75.2 $BTC through THORChain across 27 successful swaps, worth roughly $6.3M.
That’s where things get interesting for DeFi. If everyone knows the funds are stolen, should a permissionless protocol still process them? Or does blocking specific wallets defeat the idea of permissionless infrastructure?