The Bitcoin (BTC) indicator indicates the accumulation of speculative froth in the market, which is often a recipe for a leverage drain and a sudden price drop. The relationship between implied returns, or the annual spread between one-month futures prices and spot market prices, and the implied - or expected - volatility caused by one-month options has more than doubled this year to about 0.34, according to data tracked by STS Digital, a cryptocurrency structuring and trading solutions company. Our Social Networks : X.com Telegram Facebook Instagram Visit our New product where we discuss crypto world :
Coinshares (weekly report on financial flows in crypto products):(26/02/2024) inflows into crypto products continue = +$598 million per week #BTC the lion's share of the inflow came from crypto products focused on BTC = +$569.5 million #ETH influx of ETH-focused crypto products = +$16.8 million inflow into short BTC funds = +$3.9 million Our Social Networks : X.com Telegram Facebook Instagram Visit our New product where we discuss crypto world :
Demand in the Asian market is growing. Over the past week, there has been a significant shift in sentiment and demand for Bitcoin in both the US and Asian markets. Our Social Networks : X.com Telegram Facebook Instagram Visit our New product where we discuss crypto world :
User Gas404 reported that the deposits of Tornado Cash users are at risk due to the introduction of malicious code into the server part of the protocol. He explained that the code was hidden behind one of the management proposals. According to Gas404, one deposit has already been stolen using this bug. Our Social Networks : X.com Telegram Facebook Instagram Visit our New product where we discuss crypto world :
MicroStrategy purchased another 3,000 BTC for approximately $155 million. The average purchase price was $51,813. Today the company holds 193K bitcoins Our Social Networks : X.com Telegram Facebook Instagram Visit our New product where we discuss crypto world :
Frax Finance is considering a proposal that would allow the protocol to share revenue with veFXS stakers. The proposal must be voted on by the community. The developers admitted that they decided to follow the example of Uniswap. Our Social Networks : X.com Telegram Facebook Instagram Visit our New product where we discuss crypto world :
Broker OANDA has launched its crypto asset trading platform in the UK. The platform was named OANDA Crypto. Previously, OANDA acquired a majority stake in the Coinpass exchange, which was registered by the FCA. Our Social Networks : X.com Telegram Facebook Instagram Visit our New product where we discuss crypto world :
Some users complained that the Aleo private blockchain mistakenly sent them verification data of people unknown to them (selfies and documents). Aleo developers confirmed that 10 participants of the Learn & Earn hackathon were subject to KYC disclosure. Our Social Networks : X.com Telegram Facebook Instagram Visit our New product where we discuss crypto world :
Unknown people hacked MicroStrategy's X (Twitter) account and posted a phishing link to the MSTR token. According to ZachXBT, the scammers managed to steal about $440K. Our Social Networks : X.com Telegram Facebook Instagram Visit our New product where we discuss crypto world :
▪️#BTC – $53 418 +3.9%. ▪️🔼 - #FLR , #MNT , #THETA , #GALA ▪️🔽 - #AR , #WLD , #HTX , #PLS ▪️BTC #dominance - 52.63%. ▪️ #Altseason index 67 ▪️Greed of #investors 77 Our Social Networks : X.com Telegram Facebook Instagram Visit our New product where we discuss crypto world :
Bitcoin held in funds has reached an all-time high. Higher than even the peak of the 2021 mania and now approaching 1 million BTC Our Social Networks : X.com Telegram Facebook Instagram Visit our New product where we discuss crypto world :
Huge announcement from Apollo this morning: "The current AI bubble is bigger than the tech bubble of the 1990s." Essentially, Apollo simply said that the Dot-com bubble was just a precursor to what we have now. They note that the Forward P/E ratio for the top 10 tech stocks is now ~40x. Compared to 2000, the peak of the dot-com bubble, the Forward P/E ratio for the top 10 tech stocks was ~26x. This is also significantly higher than the peak values of ~23x observed in 1990 and ~26x observed in 1995. Meanwhile, the S&P 500 as a whole has a Forward P/E ratio of ~22x, below levels seen in 2010 and 2015. Are we in the biggest bubble of all time? Our Social Networks : X.com Telegram Facebook Instagram Visit our New product where we discuss crypto world :
