Playa Hermosa, Costa Rica 🇨🇷😎 #costarica #bitcoin

vibes

👀 what else does he know

#Bitcoin is the solution 📈😎

It was awesome meeting everyone and chatting #bitcoin. Looking forward to more events with fellow DMV Bitcoiners 😎 View quoted note →

Holloway 🙀😳🤯 #UFC300

Everytime the salary hits 😂😏🤩 #bitcoin #btc #yolo #hodl

#fed #interest #ratecuts

Peace and Prayers to Palestine 🇵🇸 #palestine

The drawdown triggered the largest leverage washout in a month, liquidating some $850 million of leveraged derivatives trading positions across all digital assets, CoinGlass data shows. Some $770 million of those positions were longs betting on rising prices, caught off-guard by the sudden decline. The dip occurred as stock markets sank during the U.S trading session amid rising fears of broadening conflict in the Middle East, as U.S. authorities warned that Iran could prepare to launch a significant attack on Israel. Digital asset investment firm Ryze Labs, formerly Sino Global Capital, said in a Friday commentary to anticipate some "short-term market softness" for crypto assets due to the upcoming tax season. However, it maintained a more constructive long-term outlook, expecting relief for the asset class as policymakers will slow quantitative tightening and potentially adjust monetary policy to facilitate U.S. government debt rollovers.

Iran just sent drones at Israel, currently en route, so multiple countries in the region are closing airspace, announcing states of emergency, preparing airspace defense systems, etc. Most financial markets are closed, so crypto is basically the only place with liquidity for the market to express its view on whether this will result in serious damage and geopolitical escalation. Bitcoin sharply down from $66k to $62k on the headlines, most other cryptos down more. Paxos Gold (a gold-backed stablecoin) had a huge spike from $2400 to $3000 but it is coming down now. Leveraged liquidations can distort the initial magnitude here.

Everytime I see a dip or pullback my mind always brings me to this quote. 📈#investing#bitcoin#btc

Work like it’s up to you, Pray like it’s up to God.

Today was my first time meeting up w DMV Bitcoiners. It was awesome! Met a bunch of cool people in the local crypto space. Definitely not my last event i’ll be attending with them :)