The president of BitMine, Tom Lee, suggested that the recent weakness in the cryptocurrency market may be related to one or more market makers facing a "hole" in their balances â a situation that would be attracting sharks in the market, interested in provoking massive liquidations to drive down the price of BTC.
Lee emphasized that this is a short-term pain, which does not change the long-term trajectory of Wall Street towards the ETH supercycle.
He also issued a warning: avoid leverage in the current environment is essential, given the high level of volatility.
Finally, Lee estimated that the market could start to recover within 6 to 8 weeks, after the â¨Thanksgiving.â¨
đľđĽ Fed lays the groundwork for a new wave of liquidity â.đĽ
The Federal Reserve is giving the clearest signals since 2020 that a new cycle of monetary easing is on the horizon. With the end of Quantitative Tightening (QT) already announced and interest rates on a downward trajectory, the global market begins to price in what many already call a 'pre-QE' â a movement that precedes the return of liquidity injection into the financial system.
And whenever the Fed changes the liquidity regime, nothing remains the same in the markets.
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đ§ What has changed now: QT has ended, and the Fed's rhetoric has shifted
The confirmation that the altcoin PORT3, listed on major global exchanges, was the target of a critical attack involving the unauthorized minting of 1 billion tokens. â¨The $PORT3 is currently traded on Bybit and Gate exchanges, and on MEXC, and is available on Binance Alpha, a pre-listing pool.â¨
According to on-chain data, an unknown attacker exploited a vulnerability in a smart contract of the protocol, allowing the creation of a massive amount of tokens 'out of nowhere' â equivalent to $13.07 million at the time of the attack.
đĽđ¤đĽEthena closes strategic partnership with Nunchi and expands presence in the Hyperliquid ecosystemđŚ
Ethena đŚ $ENA đŚ officially announces a new heavyweight partnership with the deployer Hyperliquid HIP-3X @nunchi, marking another decisive step in the expansion of its ecosystem within Hyperliquid.
Nunchi is building perpetual markets focused on yield, allowing users to express opinions and operate on RWA rates, dividends, ETH staking yield, and much more.
Now, part of this structure will be integrated directly with the Ethena universe.
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đ° Nunchiâs revenue will be redirected to Ethena â and a possible airdrop is on the radar.đ
đ¨đ§đ¨MicroStrategy May Be Excluded from Major Indices â JPMorgan Sounds Alarm.đ¨
đ Stock melts, decline surpasses Bitcoin đ$BTC the risk of forced exit could pressure billionsđ¸
MicroStrategy (NASDAQ: MSTR) has officially entered the risk radar for exclusion from major global indices, according to an alert issued by JPMorgan's strategy desk. The final decision by MSCI is scheduled for January 15, and the market is already reacting with strong pessimism.
Currently, the company's shares are trading at US$ 177.14, dangerously close to their 52-week low (US$ 181.73). Data from InvestingPro shows that the stock has suffered a decline of 10.57% just in the last week.
The director of the Federal Reserve, Stephan Miran, indicated on Friday that he would support a 25 basis point rate cut if his vote were the decisive factor, following what he described as "obviously dovish" economic data released on Thursday.
Speaking to Bloomberg TV, Miran emphasized that the Fed should be "dependent on forecasts, not dependent on data," noting that "the lack of data does not mean we do not have a forecast".
StarCrypToNewS
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â Pre-Opening of Wall Street â Futures Rise After Fed Signal for Interest Rate Cut in DecemberđŽ
U.S. futures markets opened higher this Friday, driven by comments from the president of the Federal Reserve Bank of New York, John Williams, which reinforced the concrete possibility of a new interest rate cut as early as December.â¨$BTC â¨$ETH â¨$BNB â¨
After a week marked by strong risk aversion, violent declines in the technology sector, and constant macroeconomic pressure, the Fed's signaling provided immediate relief to investors â even though the market remains fragile.
â Pre-Opening of Wall Street â Futures Rise After Fed Signal for Interest Rate Cut in DecemberđŽ
U.S. futures markets opened higher this Friday, driven by comments from the president of the Federal Reserve Bank of New York, John Williams, which reinforced the concrete possibility of a new interest rate cut as early as December.â¨$BTC â¨$ETH â¨$BNB â¨
After a week marked by strong risk aversion, violent declines in the technology sector, and constant macroeconomic pressure, the Fed's signaling provided immediate relief to investors â even though the market remains fragile.
âđ¸âLiquidations Reach $2 Billion â Bitcoin Sinks to $82,000 and Market Goes into Panicđ¸đ¸đ¸
The cryptocurrency market faces one of the most violent days of the year this Friday, with nearly $2 billion in leveraged positions liquidated in just 24 hours, according to data from CoinGlass.â$BTC â
Bitcoin plummeted to $82,000, its lowest value since April, dragging the global market down with it. The total market capitalization of cryptos fell to $2.82 trillion, marking the first drop below $3 trillion since spring.
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đ Capitulation and Liquidity Evaporating Analysts state that the session was marked by:
đşđ¸đ¤đ§đˇ Trump Eliminates 40% Tariffs on Beef and Coffee from Brazil.đ ââď¸
đ Measure eliminates surcharges and mandates reimbursement of taxes charged since 13/11 The President of the United States, Donald Trump, signed an executive order eliminating the 40% tariffs imposed on various Brazilian imports â including beef, coffee, oil, fruits, and aircraft parts.
The decision reverses part of the previously imposed 'tariff' and mandates that the US reimburse the taxes charged on Brazilian products since November 13.
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đŚ What changes for Brazil
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