🤯 Crypto Clash: $1.5 Billion Battle Heats Up!
Get ready for a wild ride! FTX is firing back at claims from Three Arrows Capital's liquidators, who want a whopping $1.53 billion. FTX is calling BS, saying 3AC's risky bets are to blame, not them. 💥
FTX claims 3AC's team made bad calls and shouldn't expect Binance users to cover their losses. They're disputing the account balance, too, saying the numbers are way off. According to FTX, the real available balance was much lower than claimed, and they even let 3AC withdraw $60 million!
FTX argues the only liquidation was $82 million to keep things balanced, and it actually helped 3AC! This crypto drama is getting intense, with a court date set for August. 📢
Stay tuned for the latest updates!
#FTX #ThreeArrowsCapital #CryptoDrama #Bankruptcy #DeFi
The Simplest Method to Trade Crypto (and Build Wealth Over Time)
Master these 10 basic rules, and you’ll steadily improve your trading game in the crypto market:
1. Watch for Pullbacks After Strong Trends
If a strong coin drops for 9 straight days from a high point, it could be a setup — keep an eye on it.
2. Take Profits After Quick Gains
If a coin pumps for 2 days in a row, it’s usually smart to trim your position.
3. Be Cautious After Big Moves
A coin that surges 7%+ in a day might pull back the next — wait and observe.
4. Don’t Chase Pumps
Always wait until a bull run cools off before entering a position.
5. Low Volatility = Warning Sign
If a coin trades flat for 3 days, monitor it another 3. No movement? Consider rotating out.
6. Respect Price Weakness
If a coin can’t recover its previous day’s level, exit quickly — don’t hesitate.
7. Ride Momentum, But Know When to Exit
If you see 2 days of gains, look to buy dips — often, day 5 is a good sell point in short-term trends.
8. Volume Is the Market’s Voice
Rising price + strong volume = potential breakout. But if volume spikes without price movement, it’s time to get out.
9. Trade in Uptrends Only
Uptrend coins give the best chances.
• 3-day MA up = short-term rally
• 30-day MA up = mid-term uptrend
• 80-day MA up = main trend starting
• 120-day MA up = long-term bullish trend
10. Small Capital? No Problem
Even small accounts can grow — but stay disciplined, follow your strategy, and never use borrowed money. Most importantly, crypto shouldn’t be your full-time hustle.
If you’re wondering why altcoins aren’t pumping, here’s your answer.
$BTC.D isn’t dropping. And until it does, altcoins won’t see a proper run.
For our portfolios to breathe, $BTC.D needs to cool off.
Otherwise, it’s the same old story, dominance stays up, and most altcoins bleed out or fade away slowly.
🚨 $DEXE /USDT Breakout Alert – Bullish Setup Forming
Current Price:
$8.858
24H Change:
+5.78%
Volume Spike:
1.03M DEXE traded in the last 24h
$8.52M in USDT volume
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Why This Trade?
$DEXE has bounced sharply from a local low of $4.97, reclaiming critical levels and forming strong bullish candles. The asset recently pushed toward $9.45 before pulling back and now appears to be building a base for another leg up.
The recovery and reclaim of support zones suggest renewed buyer interest. If $DEXE breaks above $9.10–$9.45, it could trigger a momentum surge.
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Trade Setup
Entry Zone: $8.75 – $8.95
Stop Loss: Below $8.10 (support from recent consolidation)
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Targets
Target 1: $9.45 – Recent local high
Target 2: $10.20 – Psychological level and historical resistance
Target 3: $11.00 – Potential bullish extension area
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Sentiment
Market interest is building with 65% sell-side pressure easing, and buyers starting to reclaim control. Despite past drawdowns (down ~30–50% over longer timeframes), short-term price structure looks bullish, especially on the 4H timeframe.
If volume sustains and DEXE clears resistance, a rapid move to double digits could follow.
🔔 Watch closely for breakout confirmation and volume spike.
✨ Speaker Spotlight: @BytesOfMan
Joey King is a senior full-stack developer at @Bitcoin_ABC, where he leads development on JavaScript toolkits and eCash products, including @CashtabWallet.
A mechanical engineer by training, Joey worked for 10 years at @ExxonMobil and @Samsung before transitioning to crypto full-time in 2017.
Catch him this October at Electronic Cash Conference in Barcelona 🇪🇸 — a premier gathering for builders, thinkers, and innovators in the crypto space.
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