Crypto thread

POWELL: INCOMING INFLATION DATA HAVE BEEN HIGHER THAN EXPECTED

Closed short here for small profit. 

how do you short coins?  Shorts are only allowed on bitcoin?

@spottie2935

 need an exchange that allows it.... kraken / ftxus / binance etc.

If you’re in the US futures on KuCoin is your best bet. Plenty of liquidity on BTC or ETH. They offer like 30 alts with less liquidity or use a vpn to make an account at the regular Binance or regular FTX. 

Amazing that Powell thinks once the US creates a digital currency crypto and stable coins won’t be needed. 

They have no idea that it’s a political and governance issue. They think it’s a technical issue. 

Morons. 

Thanks gents 

Alameda buying $FTT here at $26 

I’m trying be patient and not in anything at the moment but I could be wrong 

he tweets a lot lol

Bought some here 

BTC $30,600 

ATOM $10.10 

DOT $11.43 

LINK $14.55 

under 30k. headed to 25k?

XRP 0.53  ADDING

Now I don’t think is a good time to buy any cryptos at all until u see BTC at $25k or lower and ETH at $1600 or lower in price.

FTX closes $900 million funding round at an $18 billion valuation

https://www.theblockcrypto.com/post/112014/ftx-900-billion-funding-round

What do you like about XRP? 

Some of the investors 

@sequoia, @paradigm, @RibbitCapital, @thomabravo, @insightpartners, @SoftBank_Group, @ThirdPointLLC, @lightspeedvp, @bondcap, @coinbase, @sinoglobalcap, @multicoincap, @ptj_official, @vaneck_us, @circlepay 

Curious what your thoughts are on this from Blockfolio (FTX). 

“Earn up to 8% APY on all your fiat and crypto.

Bitcoin? 8%.
Ethereum? 8%.
Dollars? 8%
Solana? 8%
Dogecoin? 8%.

Simply by opting in and keeping your funds in your Blockfolio account, you’ll be eligible to earn up to 8% APY. Refreshing, isn’t it?” 

https://twitter.com/blockfolio/status/1417497465574539277?s=21

President of FTX: 

“How this works:
-earn 8% APY on first $10k, 5% APY on everything above that
-you can earn on any fiat or crypto
-yield is rewarded hourly and you can withdraw at any time
-available in every FTX US and FTX jurisdiction
-available on @blockfolio app for now, more to come later” 

https://twitter.com/brett_ftxus/status/1417578618243387392?s=21

I don’t think this bull run is over, there is just too many big companies and quality investors dumping money into the space at the moment. 

Trying to time this dip perfectly is probably impossible. Is this it? Will it go to $25k? $20k? Lower? I’m not really sure. But I believe at some point in the next 6-12 months it will be much higher than it currently is. 

@I_Need_A_Detox

 Elon sure hopes you’re right. And I would never bet against him. Curious to see Tesla earnings report next week

Goldman Sachs says 15% of family offices in a recent survey are already invested in crypto and another 45% want to get in

https://www.bloomberg.com/news/articles/2021-07-21/bitcoin-btc-where-rich-family-offices-are-investing-goldman-survey-shows

Elon is my guy again 

https://twitter.com/elonmusk/status/1417949699835764738?s=21

Bitcoin is up with low volume. 

Putting 50% in USDT.