Daily Vol ed. 2025-04-01 🦉
Got to the first liquidation area targeted from yesterday, but still some left.
Personally was targeting exiting longs around 85, but got stopped out on the wick while asleep and ended up with too many shorts too early. Not happy with my execution.
👉 Aggressive risk management is just as bad as aggressive directional bets.
- Liberation Day less than a day away, and the media machine keeps spewing out more info about it; now tariffs are maximum ‘caps’.
- Now I’m thinking short relief and then risk off again into Friday NFP. We'll see if this makes high lows or equal lows on SPX. Fridays have been risk off for everyone, so leaning on staying bearish macro.
- On the relief of liberation day we might get the opportunity to take out the 86k area. Will add TP longs here.
- Orderbook is a bit skewed towards asks for both spot and futures, so will need a push from SPX or GME.
All in all, continuing to be bearish until proven otherwise and leaving room for a liquidity grab towards 86k
Positioning : Knocked out of my entries due to the SL yesterday, so fighting to get back into comfy positions.
- Long BTC into 86k
- Hold ENA ETH and others for short leg
- ENA thesis : https://t.co/NwVYRQ6ShJ
- Barbell long SOL?(or Fartcoin)
· Interesting accumulation into 4th and 7th unlocks
This could be an interesting long after the the dates
Positives
- Macro looks like tariff news is mostly digested
- GME Convertible Note
· $1.4b CN announced on 26th is now FILLED
Not sure if they bought BTC yet. Just conjecture.
Negatives
- Jolts came in slightly weaker adding to growth fears
- NFP and Unemployment on Friday will be important to the market.
- Orderbooks looking bearish
- LT option skews negative. ie bear szn
Ciao 😉
🕹️Currently trading mostly on @Lighter_xyz
Closed beta. Early. Points. ZK-tech. 300% apy LP-Vaults. Backed by big names.
Use link to join the party. DM for access as I'm running short on codes. Only serious players apply.
📈 Crypto markets have taken an unexpected turn under the Trump Administration, with Bitcoin dipping from over $100,000 to the mid-80,000s. Investors hoped for regulatory boosts, but macroeconomic uncertainties and tariffs have linked crypto more closely with traditional assets.
- Gold is shining as the safe haven, up 18% this year, while Bitcoin's future as "digital gold" remains debated.
- Tariffs could weaken the dollar's dominance, potentially boosting Bitcoin's appeal.
- Upcoming U.S. tariff announcements might shift market dynamics.
What are your thoughts on Bitcoin's role as a global monetary asset? Share in the comments!
**News Flash: North Korean Tech Workers Target Global Blockchain Firms**
North Korean tech workers are expanding their infiltration into blockchain firms outside the US, according to Google's Threat Intelligence Group. With increased scrutiny in the US, these workers are targeting companies in the UK and Europe, posing as legitimate remote employees. They have been linked to projects involving Solana and Anchor smart contracts, among others.
These activities raise concerns about espionage and data theft. The US has responded with indictments and sanctions against those involved in fraudulent IT schemes. Crypto founders report heightened hacking attempts, highlighting the ongoing threat.
Alabama Senator Tommy Tuberville is making a bullish move by reintroducing his "Financial Freedoms Act" to allow Americans to add crypto to their 401(k) retirement plans. After two previous failed attempts, this is a major step forward for crypto investors. The bill aims to remove regulatory hurdles, making it easier for people to invest in crypto and potentially boosting the retirement savings game. With crypto-friendly policies gaining momentum, this move aligns with Trump’s pro-crypto agenda, signaling strong potential for crypto to become a mainstream asset class. If passed, this could open the floodgates for institutional crypto adoption, making it a game-changer for long-term market growth. Plus, with key political figures backing the push, the bullish momentum is real. Stay tuned for what’s next as crypto eyes are on Washington!
**Coinbase: 3, States: 0, SEC: 🤷♂️**
- Kentucky has joined Vermont and South Carolina in dropping its lawsuit against Coinbase's staking rewards program. This leaves seven states still in the legal ring with the crypto giant.
- The SEC, once a fierce opponent, has also backed off, leaving many wondering if it's time for a new playbook.
- Kentucky's move follows its governor's signing of a "Bitcoin Rights" bill, hinting at a more crypto-friendly future.
- With the SEC's Crypto Task Force now in play, the crypto world is watching for the next plot twist. Stay tuned!
Kentucky has dropped its lawsuit against Coinbase over its staking rewards program, joining Vermont and South Carolina in ending legal actions against the exchange. This move follows the SEC's decision to drop its lawsuit against Coinbase last month. However, seven states, including Alabama and California, continue their legal battles, alleging securities law breaches. Kentucky's decision comes shortly after Governor Andy Beshear signed a "Bitcoin Rights" bill, protecting crypto self-custody. The SEC's policy shift includes forming a Crypto Task Force to engage with the industry.
VanEck Files for BNB ETF in Delaware — Major Move for Crypto ETFs
American investment manager VanEck has just filed to create a trust entity for a proposed BNB ETF in Delaware, marking a huge step in the growing crypto ETF space. This filing is the first attempt to launch a Binance Coin (BNB) ETF specifically targeting the US market.
While BNB-related products like the 21Shares Binance BNB ETP exist, they aren’t US-based ETFs. This makes VanEck's move groundbreaking, positioning BNB alongside Bitcoin, Ether, Solana, and Avalanche, with VanEck already successfully launching spot ETFs for Bitcoin and Ether last year.
The VanEck BNB ETF will track the price of BNB, currently the 5th largest crypto asset by market cap. With BNB trading at around $608, this ETF is set to be a major player in the market, following VanEck's impressive track record with crypto ETFs.
This filing solidifies VanEck’s position as a key player in the crypto ETF space, having already led with Bitcoin and Ether ETFs and even filing for Solana and AVAX ETFs. With $115 billion in client assets globally, VanEck is pushing forward with a vision to expand crypto ETF offerings in the US. Keep an eye on this, as BNB's potential ETF could be a game changer in the space!
🚀 Bullish Alert – Crypto ETFs are gaining momentum, and with VanEck leading the charge, expect more eyes on BNB!
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Down, Down, Down! 📉🔽
There’s no monitoring list on these coins.
There’s no delisting news.
People are saying this is because of Nasdaq’s opening — really? Then tell me, since when can #NASDAQ affect meme coins?
And when did meme coins become such strong, serious projects that they move with Nasdaq?
Okay, forget it — most of them aren’t even memes anymore.
So, what’s the excuse now?
$DEXE $LEVER $ACT #Alpha2.0ProjectEvaluation
{spot}(ACTUSDT)
{spot}(LEVERUSDT)
{spot}(DEXEUSDT)
✨ Binance Megadrop KernelDAO $KERNEL
Kernel DAO là nền tảng restaking trên BNB Chain, cho phép người dùng stake token BNB hoặc các token LST để kiếm lợi nhuận, đạt top 5 TVL trên BNB Chain.
Dự án huy động thành công 10 triệu USD vòng Strategic, từ những quỹ đầu tư nổi tiếng như Binance Labs, Bankless Ventures, SCB Limited…
➡️Thông tin $KERNEL:
- Tổng cung: 1,000,000,000 KERNEL
- Phần thưởng Megadrop: 40,000,000 KERNEL
- Lưu thông: 162,317,496 KERNEL
- Điều kiện: Lock $BNB và làm Quest
- Chi tiết: https://www.binance.com/en/support/announcement/detail/fcb0aca70fe7458197d653f63117d8ff
🔶 Đăng ký tài khoản Binance: https://accounts.binance.com/register?ref=154833354
Nhằm chuẩn bị cho các sự kiện Megadrop trong tương lai, Binance đã cập nhật các tỷ lệ APR và giới hạn đăng ký tối đa cho mỗi người dùng. Anh em check nhé!
💰 Theo dõi các kênh Social Media của Binance Việt Nam:
🚀 Twitter: https://x.com/binance_vietnam
✈️ Telegram: http://t.me/BinanceVietnamese
#Binance #Megadrop #KERNEL
Binance has just released the results of a preliminary investigation into the recent sharp price drop of low-market-cap tokens, with ACT being the most prominent. Specifically, Binance stated:
Three VIP users sold ACT tokens worth approximately 514,000 USDT on the Binance trading platform.
A non-VIP user transferred a large amount of ACT into their account and continued selling ACT tokens valued at around 540,000 USDT.
According to Binance, this action caused a significant drop in the price of ACT, resulting in the liquidation of futures positions for some users. The incident also led to a price drop in other low-market-cap tokens. Binance is currently conducting further investigation to determine the causes of other price fluctuations and has not found any accounts that made significant profits from this event.
Binance emphasized that the supply of ACT tokens had already been fully circulated in the market, so they cannot intervene in users' trading behavior. However, the exchange has committed to continuing to monitor the situation and provide updates when new developments arise.
To mitigate risks, Binance has reduced the leverage for the ACTUSDT USDⓈ-M futures pair and confirmed that no abnormalities occurred during the adjustment process.
Binance also called on market makers to participate in the platform’s market-making program to increase liquidity and advised users to implement proper risk management measures when trading digital assets.
On April 1, many small-cap altcoins on Binance suddenly dropped sharply by 20% to 60%, including ACT, DEXE, KAVA, DF, UFT, HIPPO, LUMIA, HMSTR, and QUICK. Among them, ACT was the biggest loser, dropping by 60%.
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AAVE Whale Offloads Another 29,000 Tokens—Is It Time to #short ?
A major $AAVE whale, 0xd28, just deposited another 29,000 AAVE ($2.75M) to FalconX, continuing a selling spree that has seen 59,001 AAVE ($9.76M) deposited in the last 17 hours at an average price of $165.5.
With only 8,425 #AAVE ($1.38M) left, this whale has already realized $11.9M in profits, with a total gain of $12.3M (+85%).
address: 0xd282232463d50d54ccbccf0edc5c7562ae47c1e7
Short sellers, are you watching?