373,189,770 #USDT transferred from unknown wallet to #Binance 🚨🚨 ETHENA's #USDe stablecoin has experienced almost $100 million in redemptions since Monday, according to The Block. 🚨🚨 TrumpCoin (DJT), launched by Martin Shkreli, crashes 92% in last four hours. 🇮🇳 India Government sends $87 million GST notice to Binance 🇯🇵 Japanese stock market rebounds following yesterday’s bloodbath that saw biggest daily losses since 1987. Key in...
Market Meltdown - What got us here? Initial Cracks Cracks in the markets were already showing 2 weeks back on the week of 23rd July. The catalyst that kicked off this meltdown started with two major stocks, Alphabet ($Alphabet-A (GOOGL.US)$) and$United Parcel Service (UPS.US)$. Alphabet announced its earnings and even though it beat expectations, the performance was nowhere near stellar compared to the previous quarter. This was taken as a signal that perhaps t...
soyabean89
Cui Nyonya Kueh
:
not sure I cry until eye cant see well...did author TLDR the % what are the odds of scenario A? I only ever heard of 九死一生. they always say time in the market is better than timing the market...and buy the bottom ..but the bottom keep becoming more bottom .and then even more bottom
Following the release of the US July unemployment rate last Friday, which was unexpectedly high at 4.3%, the highest in almost three years, the Sahm Rule signaling an economic recession was triggered. Panic ensued and the market plunged again on Friday, with the$CBOE Volatility S&P 500 Index (.VIX.US)$surging 60% at one time, the$Nasdaq Composite Index (.IXIC.US)$falling 2.43%, dropping over 10% ...
$Bitcoin (BTC.CC)$ As if it weren't raining, the crypto industry is once again facing its "darkest hour" - OKX market data shows that at around 2 p.m. today, the price of Bitcoin fell to US$48,934.8, and is now trading at around US$50,414, a 24-hour drop of nearly 15%; the price of Ethereum once fell below US$2,100 to US$2,084.69, and is now trading at around US$2,188, a 24-hour drop of more than 22%. ...
$Nikkei 225 (.N225.JP)$$TOPIX (.TOPIX.JP)$wow, vertical dive …in just a few days erased the entire year gain…very bearish sentiment in 🇯🇵🙈 Cash is 👑. This round could be a long wait for new setups
$Hang Seng Index (800000.HK)$不丢脸吗？ UPDATE: Japan’s Nikkei Crosses 41,000 Mark To Hit Fresh All-Time High Amid Mixed Asia Markets “Asia-Pacific markets were mixed on Friday, with Japan’s Nikkei 225 crossing the 41,000 mark and hitting fresh highs. The Nikkei gained 0.22%, extending its run from Thursday, but the broad-based Topix faltered and dipped from its record, sliding 0.15%. Japan’s household spending for May unexpectedly dipped 1.8% in real terms compared to the same period last year....
🚨🚨 ETHENA's #USDe stablecoin has experienced almost $100 million in redemptions since Monday, according to The Block.
🚨🚨 TrumpCoin (DJT), launched by Martin Shkreli, crashes 92% in last four hours.
🇮🇳 India Government sends $87 million GST notice to Binance
🇯🇵 Japanese stock market rebounds following yesterday’s bloodbath that saw biggest daily losses since 1987.
Key in...
Initial Cracks
Cracks in the markets were already showing 2 weeks back on the week of 23rd July. The catalyst that kicked off this meltdown started with two major stocks, Alphabet ( $Alphabet-A (GOOGL.US)$) and $United Parcel Service (UPS.US)$. Alphabet announced its earnings and even though it beat expectations, the performance was nowhere near stellar compared to the previous quarter. This was taken as a signal that perhaps t...
As if it weren't raining, the crypto industry is once again facing its "darkest hour" - OKX market data shows that at around 2 p.m. today, the price of Bitcoin fell to US$48,934.8, and is now trading at around US$50,414, a 24-hour drop of nearly 15%; the price of Ethereum once fell below US$2,100 to US$2,084.69, and is now trading at around US$2,188, a 24-hour drop of more than 22%.
...
The Nikkei 225 Index fell below the 33,000 handle, erasing YTD gains.
China:
CIRCUIT BREAKER TRIGGERED FOR TOPIX INDEX UNTIL 9:26:13AM JST, THE INDEX TUMBLED BY ABOUT 20% FROM JULY PEAKS.
NIKKEI 225 FELL BY 7% AT A TIME, ALSO ON TRACK TO BEAR MARKET.
MUFG SHARES FALL AS MUCH AS 21%, RECORD INTRADAY DECLINE.
$FTSE China A50 Index (.FTXIN9.GI)$ $Shenzhen Component Index (399001.SZ)$ $SSE Composite Index (800146.HK)$ $CBOE Volatility S&P 500 Index (.VIX.US)$ $Hang Seng Index (800000.HK)$ $Dow Jones Industrial Average (.DJI.US)$
Cash is 👑. This round could be a long wait for new setups
UPDATE: Japan’s Nikkei Crosses 41,000 Mark To Hit Fresh All-Time High Amid Mixed Asia Markets
“Asia-Pacific markets were mixed on Friday, with Japan’s Nikkei 225
crossing the 41,000 mark and hitting fresh highs.
The Nikkei gained 0.22%, extending its run from Thursday, but the broad-based Topix faltered and dipped from its record, sliding 0.15%.
Japan’s household spending for May unexpectedly dipped 1.8% in real terms compared to the same period last year....
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