Moonbags Markets

The U.S. SEC today announced that the Commission has filed a joint stipulation with Coinbase Inc. and Coinbase Global Inc. to dismiss the ongoing civil enforcement action against the two entities. — link

🇺🇸👀 FOX: The SEC's Cryptocurrency Working Group is preparing to hold a series of roundtables with industry participants titled "Spring Sprint Toward Crypto Clarity." The first of five scheduled roundtables will take place on March 21 at the SEC's Washington, D.C. office.

CME Group to launch Solana (SOL) futures on March 17 — link

There will likely be revisions to this plan if I see changing data

1. The bear market is here. By bear market, I mean algos will go into shorting pops mode and whales will unload their coins. But I still think there is alot of money to be made. It won't be like your typical straight down bear because alot of coins are already down bad to the extreme. 2. There will be an exit bounce in the coming weeks to months. Don't expect new highs but it's not impossible. Alts will likely perform alot better than BTC and some may pump extremely hard. 3. The market will begin pricing in even tighter conditions soon. Feels like 2022 to me. 4. Everything will be reversed when they announce bitcoin or crypto purchases for the Sovereign Wealth Fund or Crypto reserve. We may decouple from stocks at this point. Depending on when this is announced, we either get an echo bubble before new lows or straight up for a golden bull run. 5. If you're gonna stay in, I suggest either buying massive dips and selling on bounces, mostly driven by news. If you're good enough, you can try shorting but most aren't good enough to do this. 6. I'm giving you the harsh reality of this market.

Lots of clowns on CT out there that suddenly flipped bearish yesterday when I've been giving dire warnings for months Would be a shame if we suddenly had a massive alt season Crazy but that is still in the cards and very soon Not trying to give you hopium but I sincerely want it to happen now to shut these fucking clowns up

Range broken as expected Daily close will tell you everything

Pretty solid chance we lose the bottom of the range tonight How it reacts to this move will be telling If we wick off of it and move up, think we begin our final move up If it is a small dead cat bounce, we are cooked imo

💳🤝 MetaMask announces the launch of their own crypto debit card Mastercard.

🚨BREAKING: Large holders are buying $ETH AGGRESSIVELY🔥💥

Bybit offers 10% bounty to anyone who assists in recovering funds from $1.4 billion hack — link | tl;dr

Bybit starts buying ETH. The suspected Bybit address (0x2E...1b77) received 100 million USDT from 0xEC...B5E76 10 hours ago, and transferred 50 million USD to the OTC addresses of Galaxy Digital and FalconX respectively 7 hours ago, purchasing a total of 36,900 ETH, and deposited it into Bybit 1 hour ago. — link

Hearing that lazarus can just dump eth over a long period of time for btc Well yeah but that would take years and years

So Bybit borrowed 1.5b of eth from various places to pay back users This means there will be 1.5b + interest of extra buy pressure on Eth somewhere down the line in order to close their "short" position This is assuming Lazarus can't sell their hacked Eth which seems to be the case How is this bearish for ETH?

JUST IN: 🇰🇵 North Korea's Lazarus Group behind Bybit's $1.4 billion hack, ZachXBT reports. @WatcherGuru

🔴 #BTC Liquidated Long: $2.86M at $95813.84

BYBIT FOUNDER

🐦 Archer: tweet from 0xFinish 🔥 #1 ⋅ 18m ago 💬 41 🔁 45 ❤️ 210 👀 58K ♻️ ℹ️ ✨

Someone or some exchange or some protocol just got giga hacked