Rotation into #Crypto Equities Accelerates
Investors are piling into crypto-related stocks over tokens:
โข Circleโs IPO jumped 124%, signaling strong demand for stablecoin exposure.
โข Robinhood rallied 25% after announcing tokenized stocks and its own blockchain.
$7.1B in BTC Shorts at Risk
Over $7.1 billion worth of Bitcoin short positions are set to be liquidated if BTC hits $120,000.
Thatโs a massive liquidation wall โ and a serious threat for bears.
If momentum continues, it could trigger a powerful short squeeze
UK Bond Yields Surge as Fiscal Concerns Hammer the Pound
The British pound dropped over 1 cent in an hour as markets react to a sharp selloff in UK bonds.
โข 30-year gilt yields spiked +21 bps to 5.44%
โข 10-year yields rose +20 bps, 2-year +9.6 bps
7 year Anniversary with MEXC.
Thanks to everyone who is using mexc.
The 2nd largest exchange in volume
Mexc team was so kind to send me out a thankyou gift.
โผ๏ธWhen Russia invaded Ukraine, Putin called the conflict a "special military operation." On Thursday, he publicly acknowledged the conflict as a "war" for the first time. The apparent reversal prompted criticism from Russians who were prosecuted for calling it a war.
#Russian