DiveInDefi – Telegram
DiveInDefi
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Crypto, economics, TA & shitposting.

All my personal thoughts. I am not a financial advisor and all my posts are no financial advice! Do not take my words for your
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Forwarded from infinityhedge
CHINA TIGHTENS SCRUTINY OF RARE EARTH MAGNET EXPORT LICENSE APPLICATIONS; SCRUTINY IS SIMILAR TO APRIL, AT HEIGHT OF US-CHINA TRADE WAR – RTRS CITES SOURCES
DiveInDefi
Today matters
BTC retesting this zone.
Get concerned if we lose 109k.

Then there is a good chance we (partly) close the wick.
🇯🇵 #BTC The value of Metaplanet has fallen below its BTC reserves (-70% since June), signaling waning investor interest in digital asset treasury firms. bloomberg
If Saylor or other treasury firms are starting to get forced to sell we will have a big problem
I believe treasury firms can be the FTX and 3AC of this cycle.
DiveInDefi
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If they survive, they probably are a good buying sometime opportunity soon though. As I am not really bullish on BTC treasuries long-term, I personally would only use them for some quick flip tbh.
SPX futures down 1%, ETH down 8%. This is gross, especially after the market already is rekt since Friday
Forwarded from infinityhedge
*TRUMP: CONSIDERING TERMINATING BUSINESS WITH CHINA ON COOKING OIL AND OTHER TRADE ELEMENTS: TRUTH

Trump: I believe that China purposefully not buying our Soybeans, and causing difficulty for our Soybean Farmers, is an Economically Hostile Act. We are considering terminating business with China having to do with Cooking Oil, and other elements of Trade, as retribution.
Thank you
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If we get another major leg down to close the gap to 100k, I don't wanna imagine the alt market
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We are still in a support zone here, however, we couldn't continue to remain above the previous higher low.