Cena catchcoinCATCH

🗞️ Need to catch up on the news? Here's our top 10 from today: 🔸 DBS, Franklin Templeton and Ripple partner to launch trading and lending solutions powered by tokenized money market funds and $RLUSD stablecoin. 🔹 South Korea's BDACS launches the first KRW-backed stablecoin KRW1 on Avalanche. 🔸 The SEC approves the listing and trading of Grayscale Digital Large Cap Fund covering $BTC, $ETH, $XRP, $SOL and $ADA as well as p.m.-settled options on the Cboe Bitcoin U.S. ETF Index and the Mini-Cboe Bitcoin U.S. ETF Index. 🔹 The SEC has approved generic ETF standards, a move that could pave the way for digital asset ETFs. 🔸 The Federal Reserve signaled that it expects to deliver two more interest rate cuts later this year. 🔹 Fed reduces interest rates by 25bps. 🔸 $2 billion stablecoin inflow was recorded ahead of the Fed’s upcoming rate cut decision. 🔹 CME Group to launch options on Solana and XRP futures. 🔸 SBI Shinsei teams with Partior, DeCurret on tokenized cross-border settlement trial. 🔹 Forward Industries announces $4B share sale to boost $SOL strategy.

Some are asking if I am "back in". Nah, this is just an observation about changes in the order books- doesn't mean that I have a clear long setup to jump back into a trade- and there is no rush to do this either. When trading, we don't care about price except for how it defines our entries, invalidations, and risk/reward. There is no "fear of missing out", we make the same money on a trade at 1k as we do at 100k. So don't feel like you need to catch every single move- that is what our spot holdings are for.

If you want to catch the real move on $BTC. Wait till Asia session. The rest of NY is likely whipsaw till close.

Catch Galaxy’s Head of Lending @Game_Set_Max in a deep dive session alongside leaders from @CMEGroup, @FalconXGlobal & @MercadoBitcoin.