Top crypto tweets of the day US regional bank stocks are in free fall today
US Regional Bank Stocks Today:
— The Kobeissi Letter (@KobeissiLetter) May 2, 2023
1. PacWest, $PACW: -30%
2. Western Alliance, $WAL: -25%
3. Metropolitan Bank, $MCB: -21%
4. HomeStreet, $HMST: -15%
5. Zions Bank, $ZION: -10%
6. KeyCorp, $KEY: -7%
7. HarborOne, $HONE: -6%
8. Citizens Financial, $CFG: -5%
The worst part?…
PEPE price analysis
As predicted, $pepe is currently in wave 4. This will take a few days to sort out.
— davie satoshi (@NFTdavie) May 2, 2023
Wave 4's are usually see-saw triangle patterns with a 15-38% correction but other patterns can occur. Thats why they are hard to read due to all the fake outs.
Just hold tight. NFA
🐸 1/3 pic.twitter.com/qS7B7vDr6q
If this is truly a Major Wave 4, then I expect a few days of this up and down pattern.
— davie satoshi (@NFTdavie) May 2, 2023
Some $pepe holders will sell to lock in some gains while others buy in on the dip due to FOMO.
I expect a strong wave 5 to happen mid to late week if this pattern holds.
🐸2/3
Please support me by liking, following or retweeting. Thanks to all the kind DM's I've been receiving lately. It's good to see so many people have benefited from my EW charts.
— davie satoshi (@NFTdavie) May 2, 2023
As a reminder, this is a memecoin and is extremely volatile. NFA so gamble responsibly.
🐸3/3
MicroStrategy may be running into trouble
Not looking good for $MSTR who now confirms they are over extended and cannot cover their own debt interest.
— Adam Cochran (adamscochran.eth) (@adamscochran) May 1, 2023
Have suggested that even sales of BTC may be on the table to service debt. https://t.co/onmWMiTL7G
Fwiw people are worried about the COIN trade credits – this is normal for large exchange clients if you’ve got an ACH or wire incoming from a client that you can confirm, but hasn’t landed in your primary bank account, then you often front the credits.
— Adam Cochran (adamscochran.eth) (@adamscochran) May 1, 2023
Microstrategy says they won't have enough cash to pay expenses. May have to sell Bitcoin but have other options.
— Shire | BritishHODL=SCAMMER(PINNED POST) (@ShireH0DL) May 1, 2023
Looks like a good bottom signal at some point if people start freaking out. pic.twitter.com/ttQTjJZgNo
BTC spiked to $56k on Bitfinex today
The price of the Bitfinex BTC-USDT perpetual contract suddenly soared to $56,500 today, and then quickly returned to the normal price. Probably due to lack of depth. https://t.co/YfNkV96foL pic.twitter.com/cuDVP7M8oJ
— Wu Blockchain (@WuBlockchain) May 2, 2023
PacWest Bancorp $PACW has paused trading
PacWest Bancorp $PACW has paused trading! After falling over 30% in a short time period 📉 pic.twitter.com/D7Hr6vMTue
— CryptoSavingExpert ® (@CryptoSavingExp) May 2, 2023
Coinbase debuts its derivative exchange
Today Coinbase launched Coinbase International Exchange @CoinbaseIntExch and will begin by offering BTC & ETH perpetual futures settled in USDC with up to 5x leverage to institutional clients in eligible jurisdictions outside of the U.S.https://t.co/OzhbgJlZ2K
— Coinbase 🛡️📞 (@coinbase) May 2, 2023
2/ As a global company, we’re working hard to help update the financial system by building trusted products that expand the utility & adoption of crypto because we believe crypto & blockchain technology have the ability to increase economic freedom & opportunity around the world.
— Coinbase 🛡️📞 (@coinbase) May 2, 2023
Binance said it was being attacked by ChatGPT’s false information
Binance said it was being attacked by ChatGPT false information, Default (GPT-3.5) used a fake Forbes report link and Linkedin links to refer to CZ as an employee of the Chinese state-owned company PetroChina in the 1990s. But the other two models of ChatGPT gave the correct… pic.twitter.com/ZNuAVgGb7a
— Wu Blockchain (@WuBlockchain) May 2, 2023
Memecoin season?
JUST IN: $PEPE entered top 100 on https://t.co/k4aUfne70j after hitting new all time high $0.00000107 pic.twitter.com/pyIXgrq1sn
— CoinGecko (@coingecko) May 1, 2023
Sotheby’s launches secondary nft marketplace
Sotheby’s Metaverse Marketplace :
— Michael Bouhanna (@michaelbouhanna) May 1, 2023
– Artists first
– Fully on chain
– 2.5% fee
– Artist’s royalties enforced at the marketplace’s smart contract level
– highly curated
– Aggregator of 1/1s cross marketplaces
– Content focus
– Defend and promote artists above just offering for… pic.twitter.com/IpfD5TpjRB
De-dollarization movement is still ongoing
JUST IN: 🇸🇾 Syria calls to abandon the US dollar for global transactions and adopt Chinese Yuan.
— Watcher.Guru (@WatcherGuru) May 1, 2023
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