opened a short here @ 30700

this price action looks weird to me to have blasted through without retracements which is a bit unhealthy imo

also i believe it’s just a lot of fomo traders joining in the longs on the way up hence price keeps pushing higher

this is in addition to institutions filing for spot BTC in succession (well timed don’t you think? almost as if theyre trying to pump prices)

build a jenga tower too tall without foundations and it’ll collapse

invalidation around 31500 it’s pretty good RR anyw

might be wrong on this but i’ll take my chances

JUST IN: 🇺🇸 FED Chair Jerome Powell says "crypto appears to have staying power as an asset class."

@WatcherGuru

interport finance x layerzero

allows seamless interchain and single-chain transactions

you can swap eth from arb to usdc on poly etc.

https://hackernoon.com/interchain-transactions-powered-by-layerzero-made-possible-by-interport-finance

Following the recent elation in #Bitcoin  price action, market participants locked in a non-trivial $537M in profit, the second largest profit taking event over the last year.

https://twitter.com/glassnode/status/1671799891075424256?s=21&t=KGT9vePb3h_IgOzklDCC5A

“Excitement turned to concern as it sets in that I’ll never own enough Bitcoin and time to front run institutions is running out”

me 🧍🏽

https://twitter.com/wclementeiii/status/1671220839667073038?s=21&t=KGT9vePb3h_IgOzklDCC5A

another wyckoff analysis on higher tf

https://twitter.com/el_crypto_prof/status/1671535863656861698?s=21&t=KGT9vePb3h_IgOzklDCC5A

is it possible for applications to be more valuable than the infra?

fat protocol, thin app thesis

covered before here: https://news.1rj.ru/str/cryptomumbles/2156

https://twitter.com/santiagoroel/status/1670877271337365511?s=20

Algorand sees its largest reduction in block time on a percentage basis after its upgrade today, intended to make app development faster, easily accessible and more cost-efficient.

https://twitter.com/CoinDesk/status/1671866147807940610?s=20

stops to entry, letting it run risk free

ideally 28k to be revisited

minted ZORA's free nft

https://twitter.com/ETH_Daily/status/1671783455464587266?s=20

IMF admits that banning crypto won’t work

https://www.cryptopolitan.com/imf-admits-banning-crypto-wont-work/

“Some additional context on why this is a big deal:

SAP is the world’s largest provider of Enterprise Application Software, counting 99/100 of the world’s largest companies as customers. Their customers generate 87% of total global commerce equating to approx. $46T annually.”

https://twitter.com/peterschroederr/status/1671879037906726915?s=46&t=

By @ apes_prologue on Twitter

Level Finance passed a $20m strategic investment proposal

https://twitter.com/Level__Finance/status/1671852412431216641?s=20

last one for argent xplorer

https://twitter.com/argentHQ/status/1672193793666297856?s=20

Investment banking fees in Singapore down 25% to US$401.8 million in H1 2023: Refinitiv
https://www.businesstimes.com.sg/companies-markets/banking-finance/investment-banking-fees-singapore-down-25-us4018-million-h1-2023