• Michael Saylor on a loss of more than 2B$ billion dollars due to Bitcoin
• Bitmine on a loss of more than 7B$ billion dollars due to Ethereum
• BlackRock sells Bitcoin
All of these are real headlines, but they are sensational and their effect on the market is an increase in fear among investors, whether small or large. The problem is that people will never be convinced that the time of fear is the time to buy, and the time of greed and rise is the time to sell.
When Bitcoin was above 120,000, everyone was optimistic; everyone was driven by greed; everyone was waiting for another strong rise, but what happened was the exact opposite.
And this is what is currently happening in this decline: the spread of negative headlines, and unfortunately, most people do not want to be convinced that there is no permanent decline. 👌
🚨🚨 The summary and the full truth behind the disaster of October 10 from STAR's perspective
The market crash on 10/10 was not a coincidence at all but rather the result of reckless marketing campaigns that led to the liquidation of tens of billions of dollars, and the CEO of the OKX platform bears full responsibility for the aggressive marketing campaigns that #Binance conducted.
What actually happened
Binance offered unrealistic returns of between 12% to 70% on USDe and promoted it as a regular stablecoin, but in reality, it was a high-risk hedge fund.
The problem and its causes:
• Users converted USDT/USDC to USDe • They used it as collateral to borrow more • They repeated the process »» insane leverage • The result was systemic risks accumulated throughout the entire market.
The collapse:
Any slight volatility was enough to burst the bubble; USDe lost its peg to the dollar with liquidations one after another and significant losses for investors, both large and small.
Message from the CEO of #OKX:
This is not an attack on competitors, but the field needs leaders who care about stability and transparency, not huge short-term returns.
Trump appoints Kevin Warsh as the new head of the American Federal Reserve
Trump: I have known Kevin for a long time and I am sure he will become one of the greatest Federal Reserve chairs, possibly the best ever.
Warsh will replace Jerome Powell in May after his term ends, and Warsh's background includes being a member of the Federal Reserve during the 2008 financial crisis.
However, Senate approval is still pending, and the situation is complicated due to investigations with Powell, which is why Senator Thom Tillis said he opposes any candidate for the Federal Reserve until the Justice Department completes its investigation with Powell.
🚨 The $AVAX project is experiencing an unusually strong influx of daily users 🚨
After the number of daily users was around 30,000, it suddenly jumped to over 600,000 users 😯
This was a few days ago and until now, 17 hours ago, the first ETF fund was announced to be launched on Nasdaq.
This news is very strong and has not affected the price of the currency due to market conditions, so keep an eye on it; I see it as a suitable speculation from these prices, and everyone should do their own research 👌
- Donald Trump : $TRUMP - Melania Trump : $MELANIA - Javier Milei : $LIBRA - Cuba Government : $CUBA - Ryan Fournier : $TIKTOK - Senator John Cornyn : $USA - Martin Shkreli : $DJT - Marco Feliciano : $BRAZIL - Eric Adams : $NYC
After seeing these results, are you in favor of a lenient management of cryptocurrencies or a strict one?
🚨🚨 The capital of Venezuela has been bombed and the Venezuelan president Nicolás Maduro and his wife have been arrested from the middle of their country in an American operation that took about an hour based on the trending news right now
Their arrest was announced through the account of American President Donald Trump on his platform Truth