Crypto.com is getting hella close to launching single-stock futures stateside rn, fr.

Single Stock Futures Greenlight In The US 🦇

CEO Kris Marszalek just spilled that the squad is fully authorized to roll these out via OG.com, their CFTC approved prediction market spot that dropped back in February. They are grinding with the SEC and CFTC on the whole US rollout. These contracts tie straight to single stock prices so traders can bet on moves without grabbing the actual shares. The SEC filing from September 16 locked in under the 1934 Act rules.

More Platforms Chasing The Same DeFi Dream 💀

Crypto.com is not flying solo here tho, Kalshi is pushing for similar perpetual futures approval and eyeing like 60 contracts on big names such as Tesla, Apple and Nvidia with a 100 billion market cap filter. Coinbase also jumped in with their own SEC filings for domestic single stock perps while chatting up both regulators. This whole scene screams newer platforms crashing the traditional finance party.

Robinhood Tie Up Fuels Prediction Market Hype 🌙

This news hits right after Robinhood expanded their collab with Crypto.com and OG.com, routing football contracts over starting September 8. As part of the deal Robinhood grabs equity in both at a valuation matching that Citadel $20 billion round. Prediction markets are popping off and this crew is riding the wave.

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Just another echo from the void by iconofsin.eth 💖

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ZEC just crashed through the charts like a total boss rn, pumping double digits in 24 hours to kiss 1400 before easing back to 1330. 🌑 This privacy coin’s on fire and leaving bears shook af.

ZEC’s Steam Train Energy Takes Over 💀

Zcash keeps stunning everyone after smashing a fresh 10-year high with a ridiculous 2500% moon over the past year. The governance vote to slash block time from 75 to 25 seconds is probably the spark here 🖤 faster confirmations and solid transaction vibes without touching the halving plans. X user Crypto Patel dropped the tea on that upgrade. Analysts are all vibes that bulls aren’t giving up control anytime soon tho. Altcoin Sherpa pointed out no big dip to 1000 happened so ZEC might be fueling up for 1500-2000 next. Crypto Bitlord chimed in saying this coin moves like a steam train and a massive explosion’s coming past 2000 😈. The pump wrecked some overconfident shorts too. One trader flipped long to short on 767.2 ZEC worth 1 million only to get wrecked instantly. Garret Jin’s now staring at over 26 million paper losses on his 37760 ZEC short worth 51.5 million with liq at 2631.

Maybe Time to Chill Before the Next Leg? 🚀

A couple signals hint at possible cool off incoming. Exchange inflows are beating outflows lately so some holders might be dumping on CEXes for quick sells 📉. ZEC’s RSI sitting just over 70 screams overbought zone rn and ripe for a breather 🔥. Still feels like more upside ahead if the momentum holds tho 🌸.

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Just another echo from the void by iconofsin.eth 💖

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Bitcoin just soaked up that fresh macro hit like a total boss without breaking its post-breakout glow fr 🖤. The Federal Reserve bumped its target rate up by 25 basis points to 4.00% on Wednesday which beefed up the dollar and shoved Treasury yields higher 😈. Even with that vibe usually bad for risk stuff BTC is chilling around $76.7K tho buyers aint snatched full control yet 🌙.

Bitcoin Daily Chart Dive 🦇

On the daily Bitcoin stays stuck in a lil correction after getting rejected at that big $80.5K-$82.3K resistance zone 💀. Price slid down slow from the September high but the drop stayed pretty tame with BTC still way above the key $72K-$74K support spot 🔮. This toughness shines extra after the Fed move cuz it didnt trigger some instant breakdown instead BTC just sits consolidating above its main breakout zone ⚰️. The Fed hints show inflation stuck high and policy staying restrictive so macro heat aint gone completely 🕸️. The daily RSI cooled off hard from overbought levels and now hovers near neutral 50 which means the bullish energy reset instead of flipping super bearish 📉.

As long as that $72K-$74K support holds the bigger bullish setup stays solid. A push back above $80K could spotlight the $80.5K-$82.3K resistance again. But a slip under $72K might reveal moving averages near $68K-$70K then the $66K-$67K zone.

4 Hour Chart Breakdown 🌹

The 4 hour view shows a sharper short term downtrend with Bitcoin trapped in a descending channel full of lower highs and lows since hitting $82.3K 🦇. Price just tested the channel bottom near $74K-$75K then bounced toward $76.7K 🔮. The 4 hour RSI popped from near oversold and headed back to neutral 50 so immediate sell pressure eased up 💀. Still BTC lingers below the channel top around $78K-$79K. Breaking above that line would signal the correction maybe ending and open a run at the $80.5K-$82.3K zone 😈. A fresh rejection and break under the channel would point back to the $72K-$74K support with the 0.5 Fibonacci at $72.5K holding firm while lower spots sit at $70.2K $68.6K and $66.9K 📉.

Sentiment Check With Coinbase Premium 🦇

The Coinbase Premium Index tracks how Bitcoin prices differ between Coinbase and other big exchanges showing US buying or selling pressure 🌙. The latest read sits near -0.08 so its deep in negative turf which means Bitcoin trades at a discount on Coinbase hinting US spot demand looks weak and sells outweigh buys 💀. The index dipped back negative after flirting positive earlier in September so that $76K-$77K resilience aint backed by strong Coinbase flows rn 😈. While BTC handled the Fed hike without a big technical break the negative premium screams caution. Seeing the index stay above zero plus a 4 hour channel breakout would confirm spot buyers returning and maybe setup another shot at the $80K-$82.3K resistance 🖤.

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Just another echo from the void by iconofsin.eth 💖

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Hey fr, XRP open interest on the major derivatives platforms has crashed about 23% in under a month, sitting at roughly $871 million now from $1.128 billion back in late August. 🖤 That wipeout chopped close to $257 million off outstanding positions and screams traders closing out leverage from the summer pump instead of new shorts piling in, especially after a rough regulatory week. 💀

XRP Bags Getting Unloaded Mid Dip 😭

CryptoQuant contributor Arab Chain noted that Binance drove a ton of the drop, with open positions sliding to $423 million from $558 million in August. Bybit eased to about $291 million from $379 million while OKX ticked down to $107 million from $125 million. 📉 Lower open interest does not scream ongoing bearish vibes tho, it just means less derivatives exposure and traders repositioning rn. ✨ The shift lines up with XRP eating an 8% hit in the 24 hours after the Senate failed to push the CLARITY Act on September 15. 🚀 It slid from around $1.46 toward $1.27 with cumulative volume delta hitting negative 10.5 million. 👀 The latest CoinGecko data shows XRP chilling near $1.30 after basically flat 24 hours yet down nearly 7% over seven days and 5.5% in the last 14 days even while up over 30% in one month. Trading volume sits at about $3.6 billion after falling 39% from the prior day. 🌑

Weekly Support Getting Squeezed Hard 📉

Analyst ChartNerd posted on X that XRP is hugging its weekly 20 EMA at $1.29 right now. A weekly close above could spark a rebound but below opens the door to more pullback. On September 10 he flagged $1.29 as the first spot to watch after rejection at the 50-period moving average. That level stings because the selloff killed an earlier bullish setup eyeing $1.70-$1.78 yet the loss of $1.34 shifted focus toward $1.26 per analyst Diana. The $1.24-$1.26 zone is under the microscope now with $1.14 to $1.10 and then $1.00 next if support cracks. The derivatives cooldown also trails XRP earlier 70% surge where 85 fresh wallets holding at least 1 million XRP popped up just two days before the August 17-21 run. ✨

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Just another echo from the void by iconofsin.eth 💖

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