FTX about to dump HUGE amounts of SOLANA and alts - Crypto Consulting Institute
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solana
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FTX about to dump HUGE amounts of SOLANA and alts

It’s time for your Monday Market Update, where we bring you the latest breaking news that’s making waves in the financial world. Grab your coffee and let’s dive right in!

🌐 Altcoin Alert: If you’re holding onto Solana, this one’s for you. Altcoins are currently weathering a bit of a storm, and we’ve got some news that could add fuel to the fire. Brace yourselves, because FTX is gearing up to liquidate a whopping $3.4 billion worth of crypto assets. Now, before you panic, it’s essential to clarify that they won’t be doing this all at once. They plan to liquidate about $200 million per week. Solana, with a hefty $685 million locked away in their vault, happens to be their largest holding, alongside a mixed bag of other assets.

🔒 But here’s the catch: A significant chunk of Solana’s stash is locked up until 2028, so not all of it can be dumped into the market. Nevertheless, if you’re a Solana investor, it’s time to keep a close eye on things, as we might see some short-term turbulence.

🕵️ Twitter Hack Alert: In a bizarre turn of events, Vitalik Buterin’s Twitter account fell victim to a hack, and already a staggering $691,000 has been scammed from unsuspecting followers. Please, folks, exercise utmost caution when you see even verified accounts with blue checkmarks posting anything out of the ordinary or offering you unbelievable freebies. It’s a massive scam alert out there, and we don’t want you to be a victim.

🪙 Bitcoin’s Steady Ride: Now, switching gears to the big daddy of cryptocurrencies – Bitcoin. In case you’ve been wondering, it’s been rather uneventful lately. Nothing much has changed on the Bitcoin front. If you’re looking to manage your risk, consider cutting back around the $25,000 mark and keep an eye out for those sweet buying opportunities as we dip below $24,000, possibly down to $20,000. Anything below that? Well, it’s a steal! Alternatively, if you’re feeling patient, just hang tight and wait for the market to bounce back above $27,500, surpassing those crucial macro moving averages.

There you have it, folks! Keep your wits about you, stay informed, and remember, the crypto market can be a wild ride. Make sure your investments are in line with your risk tolerance, and let’s navigate these market waves together. 🚀💰 #MondayMarketUpdate #CryptoNews #InvestWisely

bitcoin
Bitcoin (BTC) $ 64,699.33
ethereum
Ethereum (ETH) $ 3,094.97
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 561.22
solana
Solana (SOL) $ 146.51
usd-coin
USDC (USDC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 3,091.96
xrp
XRP (XRP) $ 0.499173
the-open-network
Toncoin (TON) $ 6.41
dogecoin
Dogecoin (DOGE) $ 0.152307

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I am Joe, CEO and Founder of Crypto Consulting Institute, Australia's top-rated crypto education company. With my passion for finance and years of stock market experience, I have helped thousands of investors transition to sophisticated investors using my proven 5 Pillar Investment System. Our team has created over $55 million in profits to date, and we continue to grow.

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I am Joe, CEO and Founder of Crypto Consulting Institute, Australia's top-rated crypto education company. With my passion for finance and years of stock market experience, I have helped thousands of investors transition to sophisticated investors using my proven 5 Pillar Investment System. Our team has created over $55 million in profits to date, and we continue to grow.

My alternative thinking and education in cryptocurrencies since 2014 allowed me to quit my day job and follow my passion of investing and helping others achieve financial freedom. With my success, I have been featured on NASDAQ, Channel Ten, Channel Nine, and Dollars With Sense TV, as well as speaking at global events such as Barclays Bank in London and the Bitcoin and Blockchain Fair.

Recently, I was headhunted by Tradesmith, a US-based investment technology company tracking over $30 billion in clients' invested capital. I now help traditional investors safely invest in the digital asset economy. My success and expertise in the industry speak for themselves, and I am dedicated to continuing to help others achieve their financial goals.

Hear What Our Clients Are Saying

Zero knowledge of cryptocurrencies? This man became a millionaire. Anything is possible with the right education in place!

Mark went from having zero knowledge of cryptocurrencies to turning $150k into $3Million in 4 months, whilst recovering from an illness!

The bank wouldn't give him a home loan even though he was working 2 jobs! Until CCI entered, and give the right strategy.

Adrian hits his first $1M in crypto within 3 months of working with us!

Well 10 days after we shot this, he hit his second million. And now just 16 months later, he has surpassed $15 MILLION USD!

For most people, this level of returns are unfathomable.

We simply gave him the tools and crypto strategies and Adrian ran with it!

I am not suggesting that all of our clients are performing on this level.

CCI simply demonstrating that we are incredible at helping people achieve their full potential.

Age doesn't MATTER! - A 72 Year Old Crushes It In Crypto

Some people think crypto is too ‘difficult’…

Well Peter completely dismissed that though and transitioned a large holding of his stock portfolio to gain exposure to this revolutionary asset class.

In this video Peter outlines how his portfolio exploded!

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I am Joe, CEO and Founder of Crypto Consulting Institute, Australia's top-rated crypto education company. With my passion for finance and years of stock market experience, I have helped thousands of investors transition to sophisticated investors using my proven 5 Pillar Investment System. Our team has created over $55 million in profits to date, and we continue to grow.

My alternative thinking and education in cryptocurrencies since 2014 allowed me to quit my day job and follow my passion of investing and helping others achieve financial freedom. With my success, I have been featured on NASDAQ, Channel Ten, Channel Nine, and Dollars With Sense TV, as well as speaking at global events such as Barclays Bank in London and the Bitcoin and Blockchain Fair.

Recently, I was headhunted by Tradesmith, a US-based investment technology company tracking over $30 billion in clients' invested capital. I now help traditional investors safely invest in the digital asset economy. My success and expertise in the industry speak for themselves, and I am dedicated to continuing to help others achieve their financial goals.

Hear What Our Clients Are Saying

Zero knowledge of cryptocurrencies? This man became a millionaire. Anything is possible with the right education in place!

Mark went from having zero knowledge of cryptocurrencies to turning $150k into $3Million in 4 months, whilst recovering from an illness!

The bank wouldn't give him a home loan even though he was working 2 jobs! Until CCI entered, and give the right strategy.

Adrian hits his first $1M in crypto within 3 months of working with us!

Well 10 days after we shot this, he hit his second million. And now just 16 months later, he has surpassed $15 MILLION USD!

For most people, this level of returns are unfathomable.

We simply gave him the tools and crypto strategies and Adrian ran with it!

I am not suggesting that all of our clients are performing on this level.

CCI simply demonstrating that we are incredible at helping people achieve their full potential.

Age doesn't MATTER! - A 72 Year Old Crushes It In Crypto

Some people think crypto is too ‘difficult’…

Well Peter completely dismissed that though and transitioned a large holding of his stock portfolio to gain exposure to this revolutionary asset class.

In this video Peter outlines how his portfolio exploded!