March 12 2020 crypto industry almost collapsed
March 13 2023 crypto industry is set for a rebirth
March 13 2023 crypto industry is set for a rebirth
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The BTC-USDC trading pair on Binance Spiked to $50,000 at around 7:00 this morning
Alpha
Another Big Week Ahead (with the release of CPI and Core CPI data) Next Week macro and Unlocks Calender. 13/17 | 2023
macro and Unlocks Calender pinned; Save!!
Be careful with current pricing, as the recent movement of $ETH has been led by the market makers and smart funds due to large swaps and buying of $ETH stemming from concerns about the risk of $USDC stablecoin.
Meanwhile, regional banks are down in pre-market trading, the S&P 500 is down 1.5%, and the VIX is up 9.5%
Meanwhile, regional banks are down in pre-market trading, the S&P 500 is down 1.5%, and the VIX is up 9.5%
About $VIX
VIX, or the CBOE Volatility Index, is a measure of the expected volatility of the S&P 500 index over the next 30 days. It is sometimes referred to as the "fear index" because it tends to rise during times of market uncertainty and panic.
The important part :
A VIX reading below 20 indicates a relatively calm market, while a reading above 30 suggests high volatility and potentially turbulent market conditions. A reading above 40 is considered very high and indicates extreme market turbulence and panic.
Current $VIX trading > $30
VIX, or the CBOE Volatility Index, is a measure of the expected volatility of the S&P 500 index over the next 30 days. It is sometimes referred to as the "fear index" because it tends to rise during times of market uncertainty and panic.
The important part :
A VIX reading below 20 indicates a relatively calm market, while a reading above 30 suggests high volatility and potentially turbulent market conditions. A reading above 40 is considered very high and indicates extreme market turbulence and panic.
Current $VIX trading > $30
Currently, 19 banks are being halted from trading on Nasdaq.
Unlike Bitcoin, which cannot be halted
Unlike Bitcoin, which cannot be halted
BITMEX Engine Suspension - All trading halted / Cancel Only mode
https://status.bitmex.com/incidents/yxq42jd155lw
https://status.bitmex.com/incidents/yxq42jd155lw
Bitmex
Engine Suspension - All trading halted / Cancel Only mode
BitMEX's Status Page - Engine Suspension - All trading halted / Cancel Only mode.
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Banks are down/halted; while crypto is up/live 24/7..
This is precisely why Bitcoin was built
This is precisely why Bitcoin was built