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SOL price is in danger, read it if you have SOLANA 👇Today we will consider what prospects there may be for the SOL price Yesterday, 11/14/22, Solana's website published an extensive update on how much Solana Foundation is tied to FTX/Alameda. We will compress this information into a few paragraphs) Solana Foundation owns 1mn cash or equivalent in FTX accounts, noting that this is less than 1% of their capital. That is, we assume that the liquid capital of Solana Fondathion is +/- $100mn. - 3.24 million FTX Trading LTD ordinary shares - the value is close to zero. - 3.43 million FTT tokens - value at the time of writing +/- $7mn. - 134.54 million SRM tokens from DEX Project Serum, which Samuel Banckman-Fried created on the basis of Solana in 2020. - value +/- $37mn FTX and its cryptocurrency trading subsidiary Alameda Research (also co-founded by Bankman-Fried) have purchased more than 50.5 million SOL, which is currently valued at approximately $750 million. However, a significant portion of these SOLs is locked and have a monthly unlocking schedule that is scheduled until 2028. Solana Labs, the company that represents the founders and major contributors to the Solana network, has also sold over 7.56 million SOL (worth about $112 million) to Alameda Research. All these tokens will be unlocked for trading in 2025. Earlier, the CEO stated that Solana Labs was not affected by the FTX crash and has no assets on the exchange. But the market is not fooled , and Japanese candlesticks show the mood of market participants rather than indicators. The price of SOLUSDT fell by -57% over the past week, while the price of BTC or ETH fell by -20% Now the SOLUSD price has come to a very critical point. If Solana finds additional capital, it will probably try to push the SOL price at least to $40-50. That is, the blue scenario can be considered very positive and unlikely, analyzing the current realities. It is described above how closely SOLANA is related to FTX and its derivatives, so the price of SOL will react very strongly to any news related to FTX. Below $13 there is no liquidity for SOL and a drop to $2-4 is likely - this is a very pessimistic forecast, but in the current realities it is quite likely. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
24
LTC:Relief rally?Litecoin Intraday - We look to Buy at 54.03 (stop at 51.89) We are trading at oversold extremes. Bespoke support is located at 54.00. We look to buy dips. Our profit targets will be 59.38 and 60.38 Resistance: 59.00 / 61.00 / 63.50 Support: 57.00 / 55.50 / 54.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:LTCUSDLong
by VantageMarkets
The FTX Implosion (A brief overview)FTX Token (FTT) WAS a beloved cryptocurrency for traders with just under 30,000 total addresses holding the token. Sadly , over 3 years, grew to a market cap of over $3,000,000,000 USD. The FTX Token was proving itself useful for traders all around the world. HOWEVER..... FTX halted withdrawals following reports that it used customer funds on risky investments that left the crypto exchange in a deep hole. FTX has NOW filed for bankruptcy , which means anyone who can establish that the company owes them money will have to get in line to request repayment. How did it all unfold? - On 6th November; Binance CEO announced that he was selling his holdings of the FTX token (approx $530million worth). Alameda offered to buy the Binance CEO's share at $22 each, which saw the price fall slightly from $24 to $22. - 8th to 9th November; Binance went from announcing an intention to buy FTX (subject to due diligence) to stepping away from the deal, just hours of checking its accounts. Within the day, FTT cascaded from $22 to $2.36, as the SEC and CFTC begins its investigation of FTX and Alameda. - 12th November; Between $1 to $2 billion in funds from FTX customer accounts have gone missing, with messages indicating that FTX has been hacked. Currently - Bahamian regulators freeze assets of FTX. - Alameda is being wound down - FTX files for bankruptcy Unfortunately, this FTX implosion has reignited the call for more regulatory oversight in the crypto markets, to address the current systemic risks.
F
by JinDao_Tai
BTCUSD ( BITCOIN ) BTCUSD - By now the OVERALL CRYPTO SENTIMENT has become NEGATIVE with the collapse of FTX to BTCUSD. Therefore, BTCUSD is being SELL. - FUNDAMENTALLY THERE IS NO GOOD ENVIRONMENT FOR CRYPTO YET. But with the FED being NEUTRAL, CRYPTO can expect a good POSITIVE UP TREND in the future. - US CPI DATA has been released by now, it is a very NEGATIVE DATA. Due to this BTC went UP with USD being WEAK. You can further BTC UP to 20654 LEVEL in this CHANNEL. - If there is an UPSIDE BIAS in BTCUSD, 17950 LEVEL can be BUY in short term. Also, if the TREND LINE is BREAKED, 15632 LEVEL can be SELL in the near future. - The BTCUSD CHAT is currently showing a growth of 0.42%. BTCUSD PRICE MOVEMENT will definitely be determined on SNP500. Therefore, every NEWS that is POSITIVE for STOCKS is very good POSITIVE NEWS for BTCUSD.
BITSTAMP:BTCUSD
by benny_marshall
🔥BREAKING: Binance will delist all FTX pairs❗ Strange decision.🔥 Hi friends! Binance will delist all FTX trading pairs: FTT/BNB, FTT/BTC, FTT/ETH, FTT/USDT. It is a strange decision for Binance CEO, because the company still not delist Luna and Luna2(LUNC) which was scammed and haven't enough reserves to recover. Investors lose almost $40B in Luna and USDT. Only Binance exchange lose $1.6B invested money. ✅ The same situation with FTT (FTX token). FTX echange announced the bankruptcy and literally scamed and Binance will delist it. We don't already final amount of money what investors and Binance lost, but I think this numbers is really close. Previously, CZ said that Binance gad going to sell $580M in FTT. 📊 WHAT IS GOOD FOR BINANCE IN FTX CRASH❓ Binance become only BIGGEST exchange on the market, because FTX was it closest competitor. The most money from FTX flows into Binance. 🚩 At the last online meeting CZ said that if they could solve the problem of how people store their crypto in their wallets, it would be a big boost for DeFi and the entire crypto industry, for the mass adoption of crypto and that he would not mind if centralised exchanges ceased to exist❗ Also, importantly, he said that they are now very actively investing in DeFi. I have to add, that a lot Binance or related to Binance projects can copy TWT token chart and starts to grow. I leave here the list of most promises tokens for you: 🔥 BNB 🔥 TWT✅ 🔥 CAKE 🔥 LINK 🔥 1inch 🔥 XVS ✅ Traders, was it idea usefull for you? Which coins of Binance seems next gainers to you? Write your thoughts in the comment! 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
10
Is it Time to get Bullish?Man...what a crazy week last week. With the Elections, CPI and the drama with FTX, it was a rollercoaster for sure. The FTX story was something else. But you know, during recessions, entities get exposed. Same thing happened with Enron in the 2000 bubble, the banks in 2008-2009 and now crypto. As the famous Warren Buffett quote says: "A rising tide floats all boats....only when the tide goes out, you discover whos been swimming naked.". So let's recap a little what happened last week. I've been bearish the last few weeks and I had to be since we are in a bear market. With the Elections, FTX and the CPI report, the market was going to make a decision on the direction and the CPI report was what did it. With the gap up and 7% day on Thursday, it broke out of resistance and the downward trend line. The Dollar got crushed and bonds declined by 7%. That's mostly what fueled the rally. The market has been longing a reason to party because inflation peaked. Did they party to hard Thursday and Friday? Thursday, markets chugged 3 beers.Friday, took a shot of whiskey and said "I'm ready for more next week". So look, I know inflation is still at 7% and we still need a ways to get down to the Fed's 2% target. It's a tough pill to swallow if you were bearish. But, you gotta trade the markets in front of you. Especially if the charts are telling you to go bullish. Generally the week before Thanksgiving is a good week for the markets, just not sure how much higher we can go this week because the markets used up A LOT of energy Thursday and Friday. It needs to take a break. If the market wants to party the rest of this month, I don't see why it could crawl it's way to 4100 before the next CPI report. One thing to note is tomorrow's PPI report. If this report comes in hotter, everyone who bought last week might step back a little. So if that happens, this would pull back the markets. If it doesn't come in hot, then we might head higher at a slow pace the rest of the month. Plan for today: Going to sit on my hands today and wait for tomorrow. If PPI comes in hot and we get a big downward reaction in the markets, I'll watch the price action to see if this is a Bull pull back or not. Come Wednesday or Thursday, I'll see if there's a good entry for a bullish position. Be patient, stay disciplined, control your emotions and trade the market in front of you. Happy trading!
SP:SPX
by MMOTA_
Bitcoin update!For months I have been saying on here that the bottom is in for Bitcoin we will not see lower than 17.5k, the whole year I had been on point with every macro move until this week. I still believe that the bottom would have still been in if it wasn't for FTX black swan ,below you can have a look at that TA , which is now invalided . Everything was going perfectly like last cycles , with price , timing and movements until this black swan , Bitcoin would have rallied past 20k with the stock market no doubt. Its almost like were repeating the same thing that happened at the top , at the bottom. Cycle Top - A lot of indicators signaled the top here for the Bitcoin bull market and then we had the big crash , one of the main ones was the pi cycle. TA above shows how this was right on clue 3days before the top it signaled and crossed and 3 days later bang , it was the top for a while at least . Technical Top (Bull Trap) This move higher was weird from the start , we had only half of the Bitcoin addresses active during this period and then my whale manipulation alert flashed on that monthly . This indicator shows me that price is being pushed up by whales , which is not a good thing for price because its a setup for a top or crash after. In the TA above I speak about this , using on chain metrics you can see how price was pushed up by the few whales , there was no hype , no retail. Now fast forward a year and we find our selfs in the same situation at the bottom. Cycle Bottom - There so many indicators and signals that flashed the bottom you can check it out in the TA which I first linked. Technical Bottom (Bear Trap) - Using this model you can see we now at the green area that bottomed last cycle and we still above the white support which Bitcoin historically creates every cycle. The bottom of the green channel in this model currently sits at 11k , anything is possible at this moment so a move down to this area can happen but what i expect to happen is a close above this white line so hammer wick down to 11k and weekly close above 15k. So bottom line is at this moment I have no idea where this is going for the first time this year , prepare for impact is what im doing , orders set at 11.5k already on a exchange that hopefully is not going under lol , coinbase and we shall soon find out if the big players in the space are pulling off the same stunt as last November.
INDEX:BTCUSD
by Sporia
3
¿Bullish engulfing or bullish trap?Introduce Hello crypto community! We come from a busy week in the crypto world, and the sun is still overshadowed by various dark clouds and negative news. Remember, we have one of the highest weekly volumes ever in BTC history, a huge red weekly candle without much room for recovery. Remember that cryptosystems, even if they are more subject to speculation and the flow of smart money, first respond to the mathematical algorithms and codes that make them unique. Math never lies. If technically things don't rise and fundamentals don't help, the ideal recovery is far from happening. One big move, be it bearish or bullish, always leads to more moves slowly losing strength. We are just before the first movement Low. Fundamentals DXY started to recover this week, with the recovery slowing in major currencies, US500, commodities and cryptocurrency markets. The U.S. dollar index hitting the 109.3 level could lead to further losses in stocks. The bullish rally that started after favorable IPC data slowed. Also, we have retail sales data this week, more precisely on Wednesday, which will bring volatility to the market. Technical staff We have yet to reach support at 15.6k, we have bounced around 15.8k, found no buyers over the weekend and pulled a lot of money from exchanges due to the fear generated by FTX and its effects. If this level, which will now act as support, is not broken, we may face a partial recovery in price until the last confirmed resistance level is around 18.2k. around. Now, if we close above this level, the next resistance is at 19.2k, an area that the bears will defend. This is not investment advice, good trades and profits! !
by CRYPTONIA5
5
BTC:Still bearishBitcoin Intraday - We look to Sell a break of 15549 (stop at 15931) A break of the recent low at 15577 should result in a further move lower. Daily signals are bearish. There is no clear indication that the downward move is coming to an end. Our short term bias remains negative. Our profit targets will be 14606 and 14206 Resistance: 17000 / 17500 / 18100 Support: 16500 / 16000 / 15500 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:BTCUSDShort
by VantageMarkets
November 14 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to Glassnode, ETH balance on exchanges reached a 4-year low of 20,099,642.608 ETH. Bitcoin is down 3.64% over the last 24 hours and fell to an intraday low of $16,079.00. The largest cryptocurrency extended its losses during the weekend as the FTX exchange has recently announced bankruptcy after facing a massive liquidity crunch. Rumors about another major crypto exchange also facing a liquidity crunch have spread on Twitter. If more CeFi providers fail in the upcoming weeks, the results could be devastating for crypto investors. Today’s Cryptocurrency Headline DFPI Moves to Suspend BlockFi’s Lending License California Department of Financial Protection and Innovation (DFPI) announced that it will suspend the license of cryptocurrency lending platform BlockFi in the state for at least 30 days. The DFPI is investigating BlockFi’s compliance with the laws within the Commissioner’s jurisdiction, including the California Financing Law. The founder of BlockFi said on November 9 that all products are operating normally and the company is a business entity independent of FTX. Earlier this year, following the bankruptcy of Three Arrows Capital, BlockFi agreed to a potential acquisition deal with FTX, which provided BlockFi with a $400 million line of credit. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
What Could Be Happening Behind the Scenes Right NowMarket capitulation or flash crash isn't new and we should not be shocked about huge price dumps. One needs to embrace the worst case scenario and protect the portfolio or assets during such an event. Now, since the BTC price is still staying low, it could suggest the market participants are not ready to provide the liquidity so far. When the BTC price stays low for a long period, this can put more pressure on other investment houses who usually leverage their assets as much as 10-20x. Banks could afford to take such a large risk as they are backed by their central banks to bail out their loan collateral when the market tanks. However, there is no clear support structure for the crypto investment firms for an immediate bailout loan, so they may be forced to deleverage their loans by selling their remaining assets, especially during the quantitative tightening period now. Therefore, there could be more selling pressure in the near term imo. I am just preparing for the worst and staying calm during that period.
COINBASE:BTCUSD
by raamraj
WHERE IS THE BITCOIN BOTTOM?? IS IT ALREADY IN??So the FTX mess really destroyed the potential that crypto had to rally. The DXY broke down as we predicted hitting our third target on Friday, letting the stocks and currencies rally against the dollar. However, crypto was left out of this rally because of the FTX mess. So where is the next opportunity?? After not holding 19600 and breaking the 18500 support that we held for over a month, BTC looks to head lower and is in the middle of nowhere. - As long as we're below 18500- 19600 we are bearish until we reach 12200- 13000. THERE IS NOTHING IN BETWEEN, any long from here would be pure gambling and not a profitable strategy in the long run. \ WHAT TO DO? - Hold on to your money until a trade opportunity arises, which will either be a bullish edge at around 12k or a bearish edge between 18500-19600. Moreover, - We have massive support as shown around 12k. We also have the PCZ of a massive bullish sark around 11.2k, where we could wick to should we head to 12k.
COINBASE:BTCUSD
by SynergyTradingSetups
History of MT Gox Bankruptcy 2014 VS FTX Bankruptcy 2022let's imagine with the concept of a wild conspiracy theory and match the events that have occurred. In 2014 Mt.Gox was hacked and declared bankruptcy. This incident occurred after the bull run at that time and through a bearish season for several years. In 2022 the fairly large FTX exchange went bankrupt which occurred in a bearish season. all events in the light period have more or less the same pattern and why did the big event happen after the bullish season? Was this all pre-planned?
BITSTAMP:BTCUSDShort
by captvicky
4