Moonbags Markets

Nigeria Drops Tax Charges Against Binance Execs Two Binance execs have been dropped from tax evasion charges by a Nigerian agency but they still face a money laundering case.

But exercised alot of them for shares too

He sold them

🤔 #BTC Since the halving, Bitcoin mining costs have soared. On average, it now costs about $77,000 to mine a single BTC today. This spike in expenses has led to a wave of capitulation among BTC miners in the past month.

Want to see what TOTAL3 does here

Price just doing some back fills on Tuesday dump

Swiss regulator shutters crypto-linked FlowBank, begins bankruptcy process — link | tl;dr

🤔 CME Bitcoin Futures Net Short Positions Reach $1 Billion

This is full capitulation as long as the liquidations are complete and founder is holding a healthier supply I still think this is a dino project with no real good prospects

Price is now sub 2020 launch

Founder holding that many coins always made it dangerous

^ my thoughts on CRV from Aug 2023, continues to apply

from another source: The CRV token is in freefall. It's dropped by 19% in the last 3~ hours. Several positions by the Curve founder have already been liquidated, and more are potentially on their way. If you're using Inverse protocol (DOLA) you should be aware of your positions. Similarly if you're using crvUSD you may be indirectly affected. The worst case scenario (too early to tell) is a contagion effect on the broader Curve ecosystem - as CRV no longer makes sense as a bribing mechanism, Curve, Convex, Prisma, FXS, etc may be affected. I urge you to audit your portfolio for potential 2nd order effects of a CRV collapse though I hope we don't get there. You can observe one of Mitch's wallets here https://debank.com/profile/0x7a16ff8270133f063aab6c9977183d9e72835428/

Wtf