Fin Tricks
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Welcome To Our Channel "Fin Tricks" This Public Channel is created for only Learning Purpose. Every Charts, Trade Ideas, Buy & Sell Levels and Updates are Provided For Learning Purpose Only. Kindly Contact your financial advisor before taking any trade.
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Bitcoin funding rates are turning negative again.
This usually signals rising short interest and cautious market sentiment after recent volatility.
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In just 1 week, petrol and diesel prices increased again, rising by around 90 paise per litre after a ₹3 hike.
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CRYPTO UPDATES:
-Michael Saylor's 'Strategy' buys 24,869 Bitcoin worth $2 billion.
-Tom Lee's Bitmine bought 71,672 Ethereum worth $153.6 Million last week. This brings their total holdings to 5.28 Million Ethereum, this is valued at $11.3 Billion..
-Bitcoin falls under $77,000
-President Trump moves to withdraw his $10 billion lawsuit against the IRS.
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⚠️ U.S. President Donald Trump has publicly warned Tehran that it must make progress in negotiations or face new consequences;
📰 Trump is expected to hold a meeting in the Situation Room on Tuesday with top national security advisers to discuss options for military action against the Islamic Republic;
🇨🇳 Industrial production in China rose 4.1% on an annual basis in April, against a forecast of 5.9% growth;
🏛 According to the FedWatch Tool, the probability of a Fed rate hike this year has risen to 55%.
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HUGE accumulation happening ↗️
Over the last 30 days, long-term holders reportedly added around 316,000 $BTC to their bags.
Big players are still accumulating quietly while the market keeps moving.
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Tom Lee’s BitMine now reportedly holds 5x more ETH than the second-largest Ethereum holding company.
Institutional accumulation around Ethereum continues accelerating as the ETH treasury narrative grows stronger. 🔥
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Over 100 billion dollars has been wiped from the crypto market in just 24 hours.
Rising macro pressure, liquidations, and risk-off sentiment are hitting the market hard. 📉
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BITCOIN UPDATE:
-Bitcoin was rejected at 200-Day EMA.. A retest at $76,700 is likely as 50-Day EMA acts as the next local support..
-keep an close eye on $77,500 - $78,100 zone because that's where huge liquidity is waiting to get wipped out..
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President Trump says he’s going to make a decision over the next few days on lifting the sanctions on Chinese oil companies that buy Iranian oil.
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India has capped duty-free gold imports at 100 kg per licence as authorities tighten control over jewellery-related imports.
The move is aimed at: • reducing misuse of import schemes
• controlling gold inflows
• managing trade and currency pressures
India continues increasing oversight on precious metal imports.
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The U.S Senate Banking Committee will officially vote on the CLARITY Act today at 10:30 AM ET (9 PM IST). One of the most important crypto votes in US history. Crypto market is highly volatile at that time of voting.
