NUGGETS OF ALPHA
Due to the SEC X account hack, Bitcoin swung $2,800 in 18 minutes
The Vaneck CEO confirmed the spot BTC ETF is approved, formal WED and will begin trading THURS
Bitcoin is up 11% year-to-date despite the volatility
Elon Musk’s X is set to launch peer-to-peer payments in 2024 - TRADFI is in trouble
Global liquidity contracted to the tune of about $20B last week.
Yesterday, the crypto and financial media world was abuzz due to a tweet indicating that the SEC had approved the Bitcoin ETF with a list of all the approved submissions. The market did not react until minutes later...
Now, imagine that you simultaneously put in a bunch of shorts at 100x leverage to tank the market all because of the negligence of the SEC in securing its X account. This is shocking and an embarrassment for the U.S. Securities and Exchange Commission.
Bitcoin swung $2,800 in 18 minutes. If you were leveraged long, you made
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