the daily degen 🦍(09aug23)
handle.fi daily trooper update
todays markets
market news
moody’s cuts ratings of 10 U.S. banks and puts some big names on downgrade watch.
fed starts new program to oversee crypto activity in U.S. banks.
DeFi gets a ‘SEAL’ team as white hat hackers, auditors join forces.
blockchain.com obtains major payment institution license in Singapore.
novogratz goes 'Tubthumping' with Chumbawamba, says crypto can't stay knocked down.
payPal stablecoin threatens basic crypto tenets, but also poses upside.
around the twitterverse…or AKA X
ETF’s, a matter of when, not if…?
…meanwhile, US FED clarification re #stablecoins..
and, TRON’s Justin Sun continues to swing $$$ around…
trade ideas
trade: short WTI/ USD
OIL has had a strong bounce from lows of ~66. now finding itself at strong resistance ~82.75: which has capped prices for the entirety of 2023. this has set up a possible prime short for range traders which could be played down to the bottom of the range. if price does breakout to the upside then stop loss above the range high would make sense, cutting for a small loss and attractive RR.
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