[Daily Web3 Morning Report📰-03/19] 🔻 📰Today's Headlines 1/Binance announces the launch of Binance Alpha 2.0, bridging the trading gap between CEX and DEX 2/FourMeme was hacked, affected users can apply for compensation 3/Ethereum L2 chain Ronin announces expansion into the DeFi space, becoming a consumer chain 4/Justin Sun: TRX is about to land on Solana 5/Nasdaq's decline has widened to 2.05%, cryptocurrency stocks' decline has narrowed, tech stocks' decline has widened
Both sides are in a standoff! One side is the whale and the other side is the liquidation team! BlockBeats news, on March 17, according to Hyperlnsight data, the 'Hyperliquid 50x whale' has again increased its margin by 5 million dollars just 1 minute ago, its 40x short position on BTC has turned from profit to loss, with a current floating loss of 2.14 million dollars, the nominal value of the current position is 381 million dollars, the opening price is 84,018.8 dollars, and the liquidation price has been raised from 85,504 to 86,593 dollars. And the recent surge was triggered by @Cbb0fe and his newly formed 'liquidation team' attempting to liquidate the HL whale. They initially had to reach 85,600 dollars to force the HL whale to liquidate, but after the whale noticed, he increased the collateral, raising it to 86,593 dollars!
Bitcoin Approaches All-Time High; Most Members of the Bank of Japan's Monetary Policy Committee Will Support a Rate Hike in January
On the eve of Trump's inauguration, the Dow Jones Industrial Average has seen its best weekly gain since the U.S. election, with Bitcoin approaching its all-time high, and most members of the Bank of Japan's Monetary Policy Committee will support a rate hike in January. 1. Important news on the 18th 1. This week, driven by two favorable inflation data releases and strong bank performance, Bitcoin's price surged and approached its all-time high. As Trump's inauguration date approaches, the market continues to focus on his policy direction, with U.S. stocks rising and the dollar strengthening. Trump may issue an executive order on cryptocurrencies, leading to a strong rise in Bitcoin. 2. Most members of the Bank of Japan's Monetary Policy Committee will support a rate hike in January. Some members remain cautious, hoping to finalize decisions after Trump's inauguration. The market widely expects the BOJ to raise rates again at the monetary policy meeting on the 24th, bringing Japan's policy rate up to 0.5%, a new high in 17 years. Factors such as increased wage growth, economic recovery, and the continued depreciation of the yen all provide favorable conditions for a rate hike. The yen rose nearly 1% this week, marking its best performance in over a month, with a brief surge past 155 to a one-month high on Friday.
Is this the spring of cottage industry coming? Trump plans to create a strategic reserve of US-created altcoins such as XRP and SOL Not just Bitcoin, Trump now plans to create a strategic reserve of altcoins .$SOL Just now, sol and xrp have started to take off $XRP
Bitcoin rebounds strongly after a sharp drop, the dollar reaps the world, Asian currencies defend, and the East Asia's strong stance boosts the Renminbi.
First, let's analyze the two main reasons for this significant drop. First, the non-farm payroll data released by the U.S. last Friday was a black swan, exceeding expectations and reigniting inflation risks in the U.S., delaying interest rate cuts to October, leading to a drastic drop in market sentiment. Second, the policy outlook during Trump's presidency continues to raise inflation concerns. Since the 2024 election date, the U.S. dollar has appreciated significantly, now surpassing the 110 mark. As the dollar and U.S. bond yields continue to rise, global assets have plummeted. Today, apart from Bitcoin, the Asia-Pacific market has faced a double hit in stocks and currencies, with the Asia-Pacific stock market declining across the board, and the exchange rates of the yen, won, and Indian rupee against the dollar have all fallen to multi-year lows. However, the Bank of East Asia has expressed a strong stance, indicating a firm prevention of risks from exchange rate overshooting. Both the exchange rate and stock market have stabilized, and the next step may be a significant sell-off of dollars and U.S. bonds to mitigate the impact of this wave of dollar appreciation.
Super Event Week, four major important events and data may trigger a black swan in the cryptocurrency market, please pay attention.
As follows: On the first, will Bank of Japan Governor Haruhiko Kuroda announce another interest rate hike during the last window period of the central bank meeting? On the second, the U.S. PPI will be released on Tuesday evening at 21:30. Last week's non-farm payrolls significantly exceeded expectations, eliminating the expectation of interest rate cuts. Now it all depends on whether the PPI data can salvage the current cryptocurrency market. On the third, the U.S. debt ceiling will expire. Even if the debt ceiling issue is resolved, the U.S. government will issue bonds, absorbing most of the funds in the market, leading to liquidity exhaustion in the cryptocurrency space. However, U.S. bank reserves have already fallen to the lower limit. If liquidity is released again with the debt ceiling, the Federal Reserve is likely to end its balance sheet reduction to rescue the market.
Non-farm payrolls exceeded expectations, the US is expected to cut interest rates in October, but the market rebounded
1. Important news on 11th 1. U.S. stocks and bonds plummeted on non-farm payrolls day, and U.S. stocks turned negative this year. The U.S. added 256,000 non-farm jobs in December, exceeding expectations by 165,000, and the unemployment rate fell to 4.1%, lower than expected and lower than 4.2% in November. Non-farm payrolls far exceeded expectations, and Federal Reserve officials collectively sounded hawkish. Coupled with market expectations that Trump might declare an economic emergency to introduce tariff policies, inflation concerns have been exacerbated. Analysts say that in recent months, with the improvement of the job market, the Fed's focus has completely shifted to inflation. Traders cut their bets on rate cuts, and swap traders expect the Fed to cut interest rates by a total of about 28 basis points this year, compared to around 38 basis points before the data was released. The market expects the next rate cut to come around October, rather than the previously predicted June.
Data is bearish, interest rate cut expectations are canceled, and Trump's 'new imperialism' remarks have caused market panic, leading to a significant drop. Last night, U.S. employment data was better than expected, and inflation in the service sector accelerated. In November, U.S. JOLTS job openings unexpectedly increased by 259,000 to 8.098 million. The ISM non-manufacturing PMI rose from 52.1 in November to 54.1, and the price index rose from 58.2 in November to 64.4, hitting an 11-month high, suggesting that inflationary pressures still exist. These two data points lowered market expectations for an interest rate cut, with the market expecting a more than 95% probability that the Federal Reserve will not cut rates in January, causing Bitcoin to drop significantly. Next, Trump announced several shocking plans during a one-hour press conference last night, which American media referred to as new imperialism. He stated that he does not commit to avoiding the use of military force to seize Greenland and the Panama Canal. If Denmark does not give Greenland, he will impose 'very high' tariffs on Denmark, using economic means to absorb Canada as part of the United States. A series of outrageous remarks caused market panic, leading to a significant drop. Senior political commentator Jonathan Chait analyzed that 'new Trump imperialism' has a strong 'performative' nature, aiming more to pressure allies through this kind of 'bluffing' approach and to cater to the ideas of a large number of ordinary voters.
Important Positive Summary! 1. The FTX bankruptcy plan officially takes effect on January 3. According to previously disclosed bankruptcy plan details, the first batch of compensation is expected to be paid within 60 days. Yesterday, FTX's compensation and BTC options led to a market surge, and the market has seen a reversal from bearish to bullish. It is still fluctuating; just buy on dips and follow us to layout. 2. The chairman of the Korean Exchange, Jeong Eun-bo, is expected to launch a cryptocurrency-based ETF this year. 3. MicroStrategy plans to raise $2 billion in the first quarter by issuing preferred stock to buy more BTC.
Tokens to be unlocked next week, come and see if your token is included!
Important news on December 30: The cryptocurrencies unlocking next week are as follows: 1.
will unlock approximately 64.19 million tokens on January 1 at 08:00, valued at approximately 270 million USD.
2. $ENA will unlock approximately 12.86 million tokens on January 1 at 15:00, valued at approximately 12.1 million USD. 3. $OP will unlock approximately 31.34 million tokens on December 31 at 08:00, valued at approximately 58.6 million USD. 4. $DYDY will unlock approximately 8.33 million tokens on January 1 at 08:00, valued at approximately 12.3 million USD. Important news
1. In the last 24 hours, 9335.34 BTC has flowed out of exchange wallets, in the last 7 days, 3335.07 BTC has flowed into exchange wallets, and in the last 30 days, 80989.21 BTC has flowed out of exchange wallets. Meanwhile, altcoins led by ETH have been actively bought by major players. BlackRock and Fidelity's spot Ethereum exchange-traded funds have bought a total of 101390 ETH this week. The weekly performance of BNB, SOL, and ETH is all in the green. If you want to invest, consider altcoins; this wave of altcoins might perform better than Bitcoin.
The upcoming positive factors are bound to lead to surges, are you ready?
Seize the last opportunity to get on board! 1. FTX's $16 billion repayment FTX's $16 billion repayment will begin on January 3rd and will be completed within 60 days, with $16 billion flowing into the market, signaling a comprehensive rebound in the cryptocurrency space. 2. Trump’s inauguration Trump's supportive stance may attract more traditional financial institutions and investors into the cryptocurrency market, bringing in significant capital inflow. For example, since Trump won the election, there has been a substantial influx of funds into the cryptocurrency market,...
3. Ethereum staking ETF The Ethereum staking feature is coming, which will increase attractiveness and lead to a surge in buying interest. Staking applications are highly likely to occur in January! Before the Christmas holiday, $131 million has already flowed into buying!
The people in my group are also very happy, right! What I tell everyone to buy are major artery currencies! BGB 1.5 entry - current price 5.7 Usual 0.34 entry - current price 1.38 COW 0.83 entry increased to 1.16 in 1 day BWB. 0.34 entry - current price 0.57 Isn't this definitely a financial group? Money comes like a strong wind! $COW $USUAL
The market has stabilized temporarily, opening long positions on Pepe
To get timely updates on the cryptocurrency market and seize market opportunities, you must watch: Important news on December 23: 1. The cautious policy outlook of the Federal Reserve has dampened optimism in the cryptocurrency market. On December 27, the largest options expiration event in cryptocurrency history will occur, which may exacerbate price volatility. 2. The U.S. House of Representatives has finally passed a short-term government spending bill with an overwhelming advantage of 366 votes in favor and 34 votes against. The funding duration has been extended from Friday night to mid-March next year. The latest bill is almost identical to the one that failed to pass in the House on Thursday, but it removed the section regarding the debt ceiling, which is the part that Trump had called for. Previously on Thursday, Trump stated that he wanted Congress to completely eliminate the debt ceiling, but subsequently, the new bill supported by Trump failed to pass, receiving 174 votes in favor and 235 votes against.
Timely updates on the cryptocurrency market are a must to gain an edge.
Important news on December 22: 1. Texas Congressman calls for the establishment of a Bitcoin reserve. Texas Congressman Giovanni Capriglione introduced a bill in December calling for the 'Lone Star State' to establish a Bitcoin reserve. The bill stipulates that Texas must hold Bitcoin for at least five years. According to the bill, the cryptocurrency must be stored in a cold wallet, meaning it must be kept on some device not connected to the internet, and these assets cannot be used for transactions outside of Texas. 2. This year's returns exceeded 76%! Amid the Bitcoin craze, cryptocurrency hedge funds are emerging. With Trump's victory in the U.S. elections, the market generally expects a friendly stance towards cryptocurrencies from the Trump administration. According to data, funds that adopted cryptocurrency strategies averaged a 46% increase in November, with year-to-date returns reaching 76%.
To keep up with timely updates on the cryptocurrency market and seize the first opportunity in the market, you must watch:
Important news on December 21: 1. Last night's PCE data was favorable, with the core PCE at only 0.1, down two points from last time's 0.3, indicating that the U.S. economy has no inflation, and traders are flocking to increase their predictions for interest rate cuts 2. Trump’s crypto project WLFI increased its holdings by 759 coins ETH, as monitored, with the market decline last night, the Trump crypto project World Liberty recently purchased ETH, WBTC, AAVE, LINK, ENA, and ONDO are all at a loss, with total losses reaching 6.15 million dollars. The largest loss is ETH, totaling 4.86 million dollars. However, with today's market rise, his assets have also quickly rebounded
PCE data will be released at 21:30, good news or bad news!
At 9:30 tonight, if it is lower than expectations, it will be good news! Once bad news comes, be careful of major injections! Reduce long positions when rebounding!
To stay updated on the crypto market and seize market opportunities, you must read:
Important news on December 20: The strong will remain strong$USUAL 1. The Trump family's crypto project WLFI spent 2.5 million USDC to purchase 722.2 ETH at an average price of 3561 USD each. 2. The number of initial jobless claims in the U.S. decreased significantly more than expected. Yesterday, the decline in initial jobless claims for the previous week was greater than expected, in line with the gradually cooling job market. As of the week ending December 14, initial jobless claims decreased. 22,000 people, seasonally adjusted to 220,000. 3. The Salvadoran government has established a strategic Bitcoin reserve, purchasing 11 Bitcoin worth 1.07 million USD yesterday for its strategic Bitcoin reserve.
To keep updated with the latest news in the cryptocurrency circle and grasp the market opportunities, you must read:
Important news on December 19: 1. Trump's plan to build a Bitcoin reserve may face resistance from the Federal Reserve. According to media reports on Thursday, Federal Reserve Chairman Powell said at a press conference after the monetary policy meeting that the Federal Reserve has no intention of participating in any government plan to hoard a large amount of Bitcoin. Powell pointed out: We are not allowed to hold Bitcoin. Such issues need to be considered by Congress. The Federal Reserve is not currently seeking relevant legal changes. Affected by this, the price of Bitcoin fell rapidly. 2. Trump family encryption project WLFI (World Liberty spent $250,000 USDC to buy 231,726 ENA and exchanged 103 cbBTC worth $10.36 million into WBTC. It currently holds 8,105 ETH, 103 cbBTC, 78,387 LINK, 6,137 AAVE, 741,687 ENA and 134,216
$USUAL This coin is really strong The spot price dropped to 0.6 in one second, and the selling pressure was completely eaten up in less than a few minutes! It has risen to 1.2. How exciting! Have you grasped this wealth code? Follow me to join the group friends