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IT Tech Crypto

On-chain analysis, alerts, sentiment and technical analysis. 💡🧠 Free of charge. ✅ 🚨Opinions are my own and are not financial advice. 💡🧠

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IT Tech (@IT_Tech_PL) on X

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GM. 💰 Bitcoin Fear and Greed Index is 25 — Extreme Fear
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IT Tech (@IT_Tech_PL)

🚨German government sold every single Bitcoin. ✅ Done Next 👉 Mt Gox. Quoting Arkham (@ArkhamIntel) BREAKING: The German Government is now out of Bitcoin. The German Government just sent 3846.05 BTC ($223.81M) to Flow Traders and 139Po (likely institutional deposit/OTC service). The German Government has 0 BTC ($0.00M) remaining.

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Sometimes…This is clown market 🤡 (I am pointing to the market reaction). https://fxtwitter.com/daancrypto/status/1811775878390509826?s=52
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Daan Crypto Trades (@DaanCrypto)

Brutal Price Action lol. Quoting Daan Crypto Trades (@DaanCrypto) Classic. Markets sweeping liquidity on the supposed good and bad numbers. In the end doing the opposite of what people expect it to do. Same on crypto but the stocks example is pretty brutal lol.

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CryptoQuant.com (@cryptoquant_com)

#Bitcoin traders face a tough market with negative margins at -17%, the lowest since the FTX collapse. Historically, such lows often precede price bottoms.

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IT Tech (@IT_Tech_PL)

Let's break down the top crypto social trends influencing the market: 1⃣ ETF ETFs are traded like stocks, influencing market sentiment. Peaks in interest often lead to price surges. 2⃣ CPI CPI measures inflation. Economic reports cause price movements, reflecting market reactions to inflation data. 3⃣ Inflation Rising inflation drives interest in crypto as a hedge, as seen in price and volume spikes during economic uncertainty. 4⃣ Memecoins Driven by internet memes, memecoins show high volatility. Social media hype causes sharp trading volume and price peaks. 5⃣ Liquid Staking and Restaking Staking assets in liquid form show consistent activity with peaks during major updates, influencing market interest. 6⃣ AI AI in crypto leads to periodic spikes in trading, driven by perceived innovation and potential. 7⃣ Bull Market Periods of rising prices and optimism, marked by high trading volumes and multiple peaks. 8⃣ SocialFi Combining social networking and DeFi, SocialFi discussions lead to significant…

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IT Tech (@IT_Tech_PL) on X

✅ The casino won, as usual. All areas were liquidated. Playing with leverage is not easy and often resembles gambling. It is worth considering whether trading with peace of mind in the spot market is better.

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Adam Cochran (adamscochran.eth) (@adamscochran)

As someone who has written multiple threads on HTX let me help you out: -HTX will lie to your about their PoR mechanics. -They constantly claim addresses on DefiLlama are “out of date” but make up reasons not to show new ones. -They treat Tron assets as native in their accounting but refuse to show the backing of the BTC. -They convert customer ETH to stETH on the backend and farm it until a customer redeems. -The USDT listed is all in stUSDT. USDT goes out of HTX into Suns accounts, gets redeemed and then he issues stUSDT. -He claims the underlying assets are in bonds, but has produced no credible proof. -He’s done the same with Poloniex and TrueUSD. -He then leverages on exchanges with his own funny money. -He uses funnelled money to pay his teams in China under fake corporate names. The companies are nearly always in the name of his mom Yiyiang Jiang or his dad Sun Weike, or his dads second wife Li Jinmei -One of these shell companies is Shenzhen Lanyu Network Technology Co. Ltd which has Yiying…

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IT Tech (@IT_Tech_PL)

✅ 5 days in a row of positive netflows to Bitcoin Spot ETFs. Quoting Spot On Chain (@spotonchain) 🚨 $BTC #ETF Net Inflow July 11, 2024: +$79M! • The net inflow remains positive for 5 consecutive days, but the volume has dropped below $100M. • #BlackRock (IBIT) saw the biggest inflow yesterday at $72.1M, followed by #Fidelity (FBTC) with a $32.7M inflow. • #Grayscale (GBTC) experienced an increased outflow of $37.7M (4.6x yesterday). Follow @spotonchain and check out the latest updates about #Bitcoin ETFs via

https://platform.spotonchain.ai/en/signal-details/bitcoin-etf-net-inflow-update-on-july-11-2024-143231

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