Thony Alvarez

😱 70 million dollars in 60 seconds

On April 9, a trader invested 2.5 million dollars in SPY options that expired the same day. The options were purchased at 1:01 p.m., and Trump announced the suspension of tariffs for 90 days at 1:30 p.m.

SPY immediately rose and the option price jumped from $0.85 to $25, generating a profit of $70 million (28x) for the informant.

Trump's golf buddy? 😏⛳️

🤯 Threw away 3.8 million dollars

Ellie Hart was cleaning the house and threw away some old things, including tangled cables and a USB drive where her husband had stored Bitcoin purchased in 2013, which is now worth 3.8 million dollars.

🥹 As Ellie said: "He didn't yell at me or blame me... but the silence said it all."

Most likely, her husband really thought it was a joke, but Ellie made it very clear that old USB drives have no place in the house 🙅‍♂️

❗️ The U.S. market is losing trillions of dollars.

Apple's shares fell by 8.3%, causing the company to lose nearly 255 billion dollars in value, according to Clash Report.

Nike's shares also fell by 13%, reaching their lowest level since November 2017.

⚡️ US Cryptocurrency Audit

👀 This week, on April 5th, the audit of the US government's cryptocurrency reserves will be completed and the report will be available.

What will this reveal?

▪️It will immediately become clear what cryptocurrency the government holds. In addition to BTC, the list may include XRP, SOL, and other coins. The estimated amount of BTC in reserve is 200k; soon we will know the exact figure.

▪️The most positive outcome is a list that includes more than 1 position (not just BTC).

▪️Large companies and "industry whales" have recently been buying and only talking about bitcoins, but everything could change drastically.)

😱 The bull market has ended

The CEO of CryptoQuant claims that all on-chain metrics point to a bear cycle. He forecasts 6 to 12 months of bear market or sideways movement.

But well, we are still waiting for our altseason.🫡🚀

⚡️ Pavel Durov left France and traveled to Dubai with court approval, reports AFP.

🩸 Bitcoin has just recorded the largest weekly price drop in history, forming a red candle of $ 13.561.

⚠️ The U.S. stock market is also in trouble

U.S. media is increasingly filled with headlines about an economic recession.

We all remember the saying: “When the United States sneezes, the rest of the world coughs a lung,” right? 🫠

‼️ Bitcoin has fallen below $80,000

🔽 Monday = Market Drop

The last Mondays have started with liquidations and new lows for altcoins.

Liquidations in the last 24 hours:
▪️ Shorts – $90.7 million
▪️ Long positions: $525.7 million

During the night, BTC fell below $80,000 again, ETH is trading around $2,000, and SOL fell below $130 again 😒

🇺🇸 Trump organized his first summit on cryptocurrencies and the most important thing he said:

🧐 Never sell $BTC.

At the event, everyone thanked Trump and praised his efforts:

There was also talk about the creation of a cryptocurrency reserve, tax modifications, and cryptocurrency regulations, and of course, the classic phrase: “The United States is the world capital of cryptocurrencies.”

The United States understands that China is on its heels: the race for leadership in the new financial world has begun.

📰 The main thing that people were expecting to hear at the event (specific token names, tax benefits) was never mentioned.

💪 Trump's speech yesterday thankfully did not cause a new market collapse. Little by little, a wave of positivity begins:

▪️Senator Lummis tweeted:
The golden age of the United States has just begun.

▫️Today there could be a compromise on tariffs. Make peace, make peace and fight no more).

▪️CZ showed his respect for Buterin:
Cryptocurrency would not have reached such proportions without Vitalik's contribution.

😊 The most notable of all is the White House Crypto Summit on March 7. We are crossing our fingers for a new wave of growth after the summit; there are already suggestions that Trump will talk about the Bitcoin reserve strategy at this event.

‼️ 🇨🇳 China's response to the U.S.:

"If the United States wants a war (whether tariff, trade, or of any other kind), we are willing to fight to the end."

💥 March will be the month of cryptocurrencies – Eleanor Terrett, FOX journalist:

🟣 March 6: The CFTC will hold a forum with company executives to discuss tokenized assets and stablecoins.
🟣 March 7: The White House will host a summit on cryptocurrencies with Donald Trump.
🟣 March 10 to 14: The Senate Banking Committee will vote on the stablecoin bill.
🟣 March 21: The SEC will hold the first of five roundtables on cryptocurrencies.

Are you ready?

🚫 Binance removes USDT pairs from its list

On March 31, Binance will remove trading pairs with USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC, and PAXG as they do not comply with MiCA regulations.

💱 Only USDC and EURI will remain, so EU users will need to convert their stablecoins into these assets.

The recent decision by President Donald Trump to cancel the licenses that allowed the export of Venezuelan oil to the United States, effective March 1, 2025, will have a significant impact on the Venezuelan economy.

Impact on the Venezuelan economy:
• Reduction of oil revenues: The export of oil to the United States, primarily facilitated through Chevron, represented a crucial source of foreign currency for Venezuela. The suspension of these licenses implies an immediate decrease in national income, affecting the government's ability to finance social programs and maintain economic stability.
• Decrease in oil production: Collaboration with companies like Chevron not only allowed for exports but also for the maintenance and development of Venezuelan oil infrastructure. Without the participation of these companies, production is likely to decline due to a lack of investment and technology.
• Shortage of foreign currency: Oil sales are the main source of foreign currency for Venezuela. With the reduction in exports, the country will face a limited availability of foreign currency, which may hinder the import of essential goods and exacerbate inflation.

Reactions and political context:
• Justification of the measure: President Trump argued that the cancellation is due to "irregularities in the past Venezuelan elections" and the "alleged slowness of Caracas to meet the agreed commitments" related to the repatriation of irregular migrants.
• Response from the Venezuelan government: Venezuela's Vice President, Delcy Rodríguez, described the decision as "inexplicable" and suggested that this action harms both Venezuela and the United States.

The annulment of the export licenses for oil to the United States represents a considerable challenge for the Venezuelan economy, affecting its revenues, production, and financial stability.

☄️ The market capitalization of cryptocurrencies has fallen to $2.78 trillion, the same level as in November 2021, which preceded the so-called cryptocurrency winter.

However, the decline has mainly affected altcoins, while Bitcoin's position has not been as impacted.

🩸 Is the market entering a bearish phase?

A "Death Cross" pattern is forming in ETH, indicating a possible downward trend.

🫠 A similar situation is observed in BNB, SOL, LINK, and DOGE.

Get ready, things could get even scarier!✊

⚠️ SOL dropped below $157 🌡

Market maker Wintermute withdrew a large amount of SOL from Binance in the last 4 hours. This triggered the drop.

Do you know anything?😱