Alan Trader

Trading Forex, Gold, BTC, PropFirm. Invest Stock.
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[Alan Trader @HiAlanTrader]

Which crypto exchanges can you use?
1⃣Binance: https://t.co/PManPcndvu
2⃣OKX: https://t.co/VVKSVVbaQt
3⃣Mexc: https://t.co/rFoEoPRJV4

[Alan Trader @HiAlanTrader]

US ETF Flows (Oct 12 - Oct 13):

BTC: -$65.40M
ETH: -$85.40M
SOL: -$699.83K
XRP: $0
ZEC: -$1.66M
HYPE: -$2.35M
LINK: +$1.18M
BNB: $0
NEAR: +$3.98M
HBAR: $0
AVAX: $0
TRX: $0
DOGE: -$399.46K
LTC: $0
DOT: +$727.70K

[Alan Trader @HiAlanTrader]

The last time the Winklevoss brothers made major headlines with a crypto ETF filing was when they submitted their application for a Bitcoin ETF in 2013, a time when Bitcoin was trading around just $100

[Alan Trader @HiAlanTrader]

The Winklevoss twins (Gemini) have filed to launch a Zcash ETF.

Cypherpunk Technologies ($CYPH) has been selected as the “Zcash Ecosystem Partner” to jointly support, develop, and promote the Zcash ecosystem alongside cypherpunk values.

[Alan Trader @HiAlanTrader]

The ETF filing indicates that Winklevoss Capital Fund has expressed interest in purchasing up to $100 million in shares of the fund.

[Alan Trader @HiAlanTrader]

First National Bank,one of South Africa's major banks, has enabled Bitcoin investment for its customers through a partnership with the VALR exchange.

This feature integrates crypto trading directly into the banking platform,which currently serves nearly 9 million retail clients.

[Alan Trader @HiAlanTrader]

The service initially supports USD for a select group of institutional clients, with plans to expand to additional client segments and fiat currencies.

[Alan Trader @HiAlanTrader]

Payward, the company behind the Kraken exchange, has partnered with Singapore Gulf Bank (SGB) to enable 24/7 fiat deposits and settlement for institutional clients.

[Alan Trader @HiAlanTrader]

SGB Net bridges this gap by allowing clients to deposit USD into Payward and deploy funds immediately for trading, eliminating the wait for regular banking hours.

[Alan Trader @HiAlanTrader]

A key friction point in the market is that while crypto trades around the clock, traditional banking rails typically process settlements only during business hours and working days.

[Alan Trader @HiAlanTrader]

The company temporarily held cash following the sale to demonstrate sufficient liquidity to meet interest-bearing debt obligations before re-accumulating Bitcoin. The cash reserves were not used to service or pay down the debt itself.

[Alan Trader @HiAlanTrader]

Metaplanet increased its Bitcoin holdings by 1,000 BTC in Q3, bringing its total treasury to 44,000 BTC, valued at approximately $3.8 billion.

Metaplanet sold 10,000 BTC at an average price of ~$79,000, before repurchasing 11,000 BTC at an average price of ~$86,200.

[Alan Trader @HiAlanTrader]

Bond yields and oil prices will remain the market's primary focus throughout the week.

[Alan Trader @HiAlanTrader]

There are few major events scheduled for this week. The minutes from the Fed's September meeting will be released on Wednesday.

The probability of a Fed rate hike at the end of this month has dropped sharply, currently standing at around 20%.

[Alan Trader @HiAlanTrader]

The force will be led by Jay Clayton, former SEC Chairman and current Director of National Intelligence. The group will collaborate with AI companies, critical infrastructure providers, consumer advocates, and other organizations while reporting directly to the President.

[Alan Trader @HiAlanTrader]

President Trump announces the creation of the “Super Intelligence Force” to coordinate US government AI policy and maintain its leadership in the global AI race.

[Alan Trader @HiAlanTrader]

Michael Saylor hints at another upcoming BTC purchase

[Alan Trader @HiAlanTrader]

Futures markets have opened; current situation:

Stock Futures: Green
Gold Futures: Green
Crude Oil Futures: Flat
BTC: VERY green

[Alan Trader @HiAlanTrader]

Absa becomes the first bank in Africa to offer institutional Bitcoin and crypto custody services

[Alan Trader @HiAlanTrader]

Blast previously attracted over $2 billion in total value locked (TVL) prior to its mainnet launch in February 2024.

[Alan Trader @HiAlanTrader]

Blast, the Ethereum Layer 2 network, announces shutdown due to operational costs exceeding revenue

Blast is requesting users to withdraw their assets to the Ethereum mainnet.
👇

[Alan Trader @HiAlanTrader]

Users can perform direct withdrawals via the Blast interface until October 26. Beyond this deadline, any remaining assets will stay on the network, but users will be required to interact directly with Blast's bridge contracts on Ethereum to initiate withdrawals.