Futures Millionaires Club

HSBC blocks the purchase of cryptocurrencies with credit cards

HSBC has banned the purchase of cryptocurrencies with credit cards, Twitter users began to massively report.

At the same time, the bank does not restrict crypto-purchases through debit cards. This decision is dictated by FCA legislation.

Binance Futures has announced that it will launch CKB futures.

39% of Ethereum supply is held by whales compared to Bitcoin's 11%

Market strategist Michael Wilkerson believes US inflation could rise to 12% by year-end despite predictions of decrease.

$BUSD have been being burned in a large scale and still going on for sometime, 2.27B has been burned in last week.

Since beginning of Feb, 30% total value of BUSD has been gone(estimated 5B BUSD)

, $USDC and $TUSD stablecoins are getting the most advantages

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📈Market Overview

Bitcoin 16% price gain between Feb. 13 and Feb. 16 practically extinguished the bears' expectation for a monthly options expiry below $21,500. As a result of the abrupt rally, these bearish bets are unlikely to pay off, especially since the expiry occurs on Feb. 24. However, bulls were not counting on the strong price rejection at $25,200 on Feb. 21, and this reduces their odds of securing a $480 million profit in this month’s BTC options expiry.

The Top-10 cryptocurrencies are traded in red zone: Polygon -3.6%, Cardano -2.3%, XRPL -2.1%.

Market capitalization: $1.16T (-1.24%)
The BTC dominance: 39.70% (-1.02%)
Fear & Greed Index: 53 (Neutral)

👉 Top Gainers

Oddz Finance (ODDZ) +96.2%
Sonne Finance (SONNE) +78.6%
Taki (TAKI) +70.5%

👉 Top Losers

Defactor (FACTR) -41.9%
Camelot Token (GRAIL) -23.2%
DappRadar (RADAR) -22.4%

BTC Futures

Aggregated Volume — $40.9B
Aggregated Open Interest — $9.4B

Results of the day, February 23

🐦 Users report that Twitter Coin is preparing to launch - with certain profile settings, the "Coins" item may already be available.

🇧🇾 A trader from Grodno has been trading on crypto exchanges for more than a year and earned a good amount, after which he tried to cash out digital assets for $70,000, but got scammed.

🇺🇸 The US Department of Justice accused the creators of the Forsage crypto pyramid of organizing a fraudulent scheme for $340 million.

👥 USDC Circle issuer expects to increase staff by 15-25% by 2023. At the end of last year, the company had about 900 employees.

🧬 Coinbase is launching its own Layer-2 (L2) solution on Ethereum called "Base" - the blockchain will be built on top of the Optimism Stack.

🎸 Streaming service Spotify is testing a new service called "token-enabled playlists" that allows NFT holders to connect their wallets and listen to selected music.

⚖️ Ripple is willing to pay up to $250 million if the SEC publicly announces that all current and future XRP sales are non-securities transactions.

🇦🇺 Binance closed futures trading in Australia and liquidated the positions of many traders.

🇹🇼 The government of Taiwan has instructed lawmakers to formulate a regulatory framework for regulating cryptocurrencies by May 15, 2023.

1inch introduced RabbitHole update

DEX aggregator 1inch announced an update to the RabbitНole tool, which is designed to protect MetaMask users from sandwich attacks, a popular type of attack in the DeFi ecosystem.

Now the protection is extended not only to 1inch swaps, but also to liquidity providers Uniswap.

You can read more about it in the official announcement.

S&P500 continues its correction, the main support block is 3900-3930, the downtrend level is also close.

Many fear that BTC has already set a maximum and a collapse is brewing. I stick to the original plan. BTC can potentially correct the previous upward momentum to the 0.5-0.618 ($22860) zone and this will not break the upward structure.

Coinbase has launched its own L2 protocol for scaling Ethereum - Base. There will be no native token.

Base is developed on the open source Optimism (OP) stack. Great prospects open up for the OP project. There will be very large OP coin unlocks in 2023, don't rush to buy at the highs.

Layer 2 solutions (Matic, OP, IMX) help reduce Ethereum transaction fees and increase speed.

for $, in my understanding, there are no changes, everything is going according to plan. We went to test 21500 and made money on the long, twice.

The task of the bulls is to keep the level of 23800-23200 (highlighted in green on the chart), while we hold it, it is important to work from the long. We are waiting for the movement as indicated above, in the region of $ 28,000

If we consider the option of crossing as the completion of the 5th wave, then we should expect a correction to the area of ​​0.38 FIBO ($21,500). In this case, we will get a fairly short correction and continue to grow.
Area 0.5 according to FIBO ($20400) and 0.618 according to FIBO ($19200) we get a standard corrective movement.
If we consider a deep correction to 0.78 FIBO ($17,500), we can get a cascade of sales and a trip for liquidity below the loi ($15,500).

More info on my telegram channel

https://t.me/futuresbySatoshi

Such thoughts are on point. All good day!

Last two trade from our free signals on our telegram group yesterday.Join our daily routine and check our result one by one.

https://t.me/futuresbySatoshi

💸 Before filing for bankruptcy, FTX transferred $7.7 billion of assets from the Bahamian to the US divisions.

We previously reported that FTX sent confidential letters to politicians demanding that they return the ~$93M donations donated by Sam Bankman-Freed and other FTX executives by the end of February by the end of the month.

Daily signals and analytic news together on my telegram channel.
https://t.me/futuresbySatoshi