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8.02 All in Morning Report:
The result of playing like this is that you have to close your long positions before going to bed, brothers. Otherwise, when you wake up, the price will have reverted, and your position will be gone 😂.
1. $BTC is influenced by the US stock market, breaking below 115000 to find support below. The CME gap has been filled, and with liquidity exhausted over the weekend, let's see the wild speculation.
2. $ETH couldn't hold strong, and in the end, it was brought down by the big brother;
3. $SOL followed the market trend and performed the weakest, especially in the case of a collective major pullback of the BONK series, it dropped all at once;
4. The three major U.S. stock indices fell sharply, with Amazon's market value evaporating by more than $200 billion;
5. Trump accused of falsifying employment data, demanding the replacement of the Labor Statistics Bureau Director and the Federal Reserve Chairman;
Trump threatened to "replace Powell in a second," but later stated that he is very likely to remain in office;
6. Metaplanet plans to issue up to 55.5 billion yen preferred shares to increase its holdings in Bitcoin;
Is Japan's MicroStrategy starting to take the lead?
7. CurveDAO members proposed to stop expanding to more Layer 2, questioning the disproportion between returns and development investment;
Did all the money go to buying villas?
8. Mizuho: Rising distribution costs weaken USDC profit margins, Circle's valuation may be overstated;
9. Trump stated that he has ordered the deployment of two nuclear submarines due to provocative remarks from the Russian side.
10. Grayscale announced that the dividend distribution period for BTCC and BPI has been adjusted to once every two weeks.
11. The Bitcoin mining company supported by the Trump family is about to go public;
It's really great that the listed company is going public.
12. Bo Hines, Executive Director of Trump's Digital Asset Advisory Committee, stated that Trump will launch a Bitcoin reserve plan "as soon as possible";
Is $SBR coming soon?
13. Federal Reserve's Harker: The employment report is "disappointing," but that does not mean rates should be cut this week;
14. The GENIUS Act still has ambiguities regarding the regulatory standards for overseas issuers.
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I can only say that if you don't follow through decisively, then don't follow at all. I finished my long positions at the highest point, leaving us a few fools holding the bag🤣.
#Bitcoin # Ethereum #Solana # CryptoNews