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Athame
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$BLUR , the native governance token of Blur, NFT Market Place, Aggregator and Platform, price fell 10% from 0.68 to 0.59 in an hour , after it grew since Binance Listing.
Is it a dip? or reversal?!
#BLURUSDT
#DIP
#fell
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#TradingTypes101 Based on holding period and frequency, there are various trading styles: * Scalping : aiming to profit from tiny price movements, often holding positions for seconds or minutes. Scalpers execute numerous trades a day. * Day Trading (or Intraday Trading): Traders open and close all their positions within the same trading day. They aim to capitalize on short-term price fluctuations. * Swing Trading: This style involves holding positions for a few days to a few weeks, aiming to capture "swings" or short-to-medium term price movements within a trend. * Position Trading: This is a long-term strategy where traders hold positions for weeks, months, or even years. Traders focus on major market trends and fundamental analysis rather than daily price fluctuations. There are different ways to participate in price movements, and can break down to: 💸 Spot Trading : Exchange of assets with its current market price. When you buy and sell in the spot market, you're directly acquiring or selling underlying assets. No leverage involved, so low risk. 💸 Margin Trading : Margin Trading involves borrowing funds, so you can open positions larger than your capital would permit. You have to put up a portion of the trade's value as collateral and makes leverage from it. It magnifies both potential gains and losses, and it is possible to loss more than your initial investment (or available deposit), which can lead to liquidation. Traders typically have to pay interest on the borrowed funds. Leverage creates risk. 💸 Futures : Futures contracts standardized agreements to buy or sell a specific quantity of asset at a predetermined price on a future date. They are called derivative because their values are derived from an underlying asset. Future contracts are used by producers to hedge against risk and by speculators to profit from future price movements . 💸 Options : Options contracts are derivatives that give the buyer the right, but not the obligation, to buy or sell an underlying asset at a specified price on or before a specific date.
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Crypto Update : 10th June 2025 $BTC briefly crossed the $110,200 mark today, and is currently traded around $109,400 and its market cap is around $2.17 trillions. $ETH also rose 4.8% to $2,713 and its dominance in the Crypto market rose to 9.5%. The overall Crypto market capitalization reached $3.41 trillions with Bitcoin dominating 63.6%. Positive market sentiment prevails, fueled by increasing institutional demand for cryptocurrency investment products. 👍 Bitcoin spot ETFs recorded net inflows of $386.2 million, and Ethereum ETFs attracted $53 million, indicating growing investor interest. Key Developments and Interesting Trends 💸 Société Générale launched its US dollar stablecoin, USDCV, on Ethereum and Solana, with BNY Mellon as custodian, aiming for a global rollout in trading and settlement. 💸 South Korea is moving to legalize stablecoins with a new crypto bill, aiming to boost Crypto market growth. 💸 Ripple committed an additional $5 million towards crypto research in the Asia-Pacific region. 💸 Gemini has confidentially filed for a US IPO, signaling continued institutional interest in the crypto space. 💸 New research from the Algorand Foundation challenges Total Value Locked (TVL) as a metric, suggesting it can be too easily gamified. $ALGO 💸 AfriBit Africa introduced Bitcoin to Africa's largest slum, Kibera in Kenya, aims for financial inclusion. 💸 The UK is set to end its ban on retail investors buying crypto exchange-traded notes. 👍 💸 Paraguay's president denied claims that Bitcoin will become legal tender in the country. 👎 CMC Altcoin Season Index : 28 Fear and Greed Index : 60 (Greed) 👍
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#MarketUpdate #Ethereum Ethereum $ETH prices are showing strong bullish signals following Nasdaq-listed SharpLink Gaming’s announcement to establish a $425 million Ethereum treasury. SharpLink revealed plans to raise capital through a private investment in public equity (PIPE), purchasing approximately 69.1 million shares at $6.15 each. This move makes SharpLink the first Nasdaq-listed company to build a strategic Ethereum reserve, similar to MicroStrategy’s successful Bitcoin treasury strategy that generated over $8.2 billion in gains in 2025. Former Ethereum developer Eric Conner highlighted that SharpLink’s move could create a “public ETH proxy” allowing funds that can’t hold tokens directly to gain exposure. The acquisition of around 120,000 ETH—likely to be staked—could lead to “supply compression,” reducing circulating supply and potentially driving up ETH prices. This strategy also positions ETH as a “digital reserve collateral” on corporate balance sheets. Following SharpLink’s announcement, Ethereum futures markets surged. Open interest (OI) hit a new all-time high of $36.1 billion, increasing $3.5 billion in 24 hours.
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Giveaway on Square
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#TrumpTariffs After making a call with the president of the European Commission, Ursula von der Leyen, president Trump announced on his Truth Social in 25th May that he agreed to extend the deadline to July 9th . The EU has reaffirmed its commitment to a fair deal and is ready to move swiftly, but stated they need until July 9 to agree to a "good deal". While some tariffs were paused, a 25% levy on EU steel and aluminum remains in place. Trump's administration has imposed a "reciprocal" 10% baseline tariff on imports from nearly all US trading partners, with higher rates for some countries like China. * Analysts suggest that these tariffs have "roiled global markets, wiping out trillions in value, and leaving many businesses stumped on how to plan for the future amid the never-ending uncertainty." * The tariffs are projected to significantly increase federal tax revenues and reduce market income for US households. * There have been instances of "well-timed trades" by US officials before tariff announcements, raising ethical concerns. Mixed Impact on Cryptocurrency Market * When Trump announces or implements new tariffs, it creates uncertainty in global financial markets. This often leads to a "risk-off" environment where investors become more cautious and tend to sell off riskier assets, including cryptocurrencies like Bitcoin, Ethereum, and others. * For example, past announcements of tariffs on EU imports or Chinese goods have led to immediate price drops in Bitcoin and other major cryptos, along with declines in related crypto stocks. * The S&P 500 and other traditional markets often see volatility as well, and in high-stress situations, crypto can show a correlation with these markets, moving in tandem. * Some argue that if tariffs lead to erode trust in traditional financial systems, investors might turn to decentralized alternatives as a hedge against inflation or currency devaluation. But Bitcoin's high volatility makes many investors cautious about its reliability as a safe haven compared to traditional assets like gold.
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