Power Crypto Club

2023-03-14 19:31:53 #Alts Market Quick Update

Alts Total Market Capitalization (excluding $BTC) has recovered its $100 billions over the weekend, which is a good sign that investors are back in the Alts market. Ouvert / Commentaire

2023-03-14 19:23:14 #Ethereum Quick Update

Nice price structure that could boost this 3rd extended impulsive wave.... Ouvert / Commentaire

2023-03-14 19:13:35 #Bitcoin Quick Update

Not much to say, except that $BTC has jumped almost +35% since last Friday with 3 strong green daily candles, that broke $25k resistance and hit $26,370, while most experts and media were talking about the "End of the World" for the cryptosphere. Ouvert / Commentaire

2023-03-12 10:28:04 The fundamentals were stronger than the spread of FUD on social media.

Panicked people sold $USDC at 0.83 last night, RIP. Ouvert / Commentaire

2023-03-11 05:48:45 BREAKING NEWS
Circle’s $USDC Endured $1B of Net Redemptions Since Silicon Valley Bank's Shutdown

TA Graph: $USDT vs $USDC

$USDC is now depegged at $0.982

Binance temporarily suspends auto-
conversion of $USDC to $BUSD,citing market conditions and high inflows.

Some people are starting to move into Tether

President and CEO of collapsed Silicon Valley Bank Greg Becker was a Class A director at the San Francisco Federal Reserve, Reuters reports.

Nearly 50% of all venture capital-backed startups in the US had exposure to Silicon Valley Bank $SIVB.

https://www.coindesk.com/markets/2023/03/11/circles-usdc-endured-1b-of-net-redemptions-since-silicon-valley-banks-shutdown/ Ouvert / Commentaire

2023-03-11 05:19:30 "$SIVB still cheap at $320"
- Jim Cramer 10-Feb-2023 on CNBC

CNBC's Jim Cramer urged viewers to buy Silicon Valley Bank stock last month at $320, but his prediction was completely wrong when the price of $SIVB plunged dramatically to reach $106.

Update: Today, the bank was closed by California regulators, making it the 2nd largest banking failure in US history. Ouvert / Commentaire

2023-03-11 03:12:02 #Bitcoin is a Shining City in Cyberspace. Ouvert / Commentaire

2023-03-10 16:05:00 #Alts Market Quick Update

Alts Total Market Capitalization (excluding $BTC) has lost $100 billion since its last high, and is now retesting the previous broken resistance of the "Adam & Even" double bottom, with most certainly a strong rebound from there. Here too, wait and see. Ouvert / Commentaire

2023-03-10 16:02:29 #Bitcoin Quick Update

$BTC after being rejected again at $25k resistance, is now back in its range, exactly in the middle of the neutral zone between the 32.8% and 61.8% Fibonacci retracement levels, so nothing to do for the moment if not wait.

$BTC is now oscillating into a 270-day mature accumulation range which is the longest formed range since 2017, and demonstrating the inevitable evolution of its price structure to best approach those of traditional stock market assets, with more stability and less volatility as requested by institutional investors. Ouvert / Commentaire

2023-03-08 07:37:04 Binance US gets green light to buy Voyager Digital Assets

Voyager’s restructuring plan is moving ahead eight months after the crypto lender filed for bankruptcy, and after FTX offered to buy Voyager's platform in a bankruptcy auction, but the proposed acquisition fell apart when FTX imploded in last November .

When I repeat to you that we are not at the end of our surprises in this affair #FTX #SBF #BINANCE #CZ

https://decrypt.co/122942/binance-us-cleared-acquire-voyager-digital-assets-sec Ouvert / Commentaire