CrashOak (crashoak)

Today's News Brief 😉 🤓 The founder of BlockTower announced that the SEC has launched investigations into some venture funds — Read more here 🤓 Justin Sun has offered to buy all the remaining bitcoins from the German government — Read more here 🤓 Bittensor was hacked for $8 million — Read more here 🤓 According to LTP, the most liquid exchanges in the market are Binance, Kraken, Coinbase, and OKX

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📉 Over $290 million have been liquidated in the past 24 hours

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📉Bitcoin has hit a low of $56,500, opening the way to $51,700. 😢Altcoins are experiencing a deeper correction than in previous trends. I anticipate more negative news to pressure spot holders into selling. The focus is now on spot purchases rather than futures. 🦠In my view, this situation resembles the COVID-induced dump before the last bull run. 😅I still expect altseason in the first half of 2025. However, I believe the market will see a significant recovery by the end of this year. What do you think? Will Bitcoin drop to $51.7k?

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