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➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
✍️ Post with #Bitcoin
6.8 Million Dollar Short Opened on Altcoin, Price Suddenly Rose Over 2x! - Coin Bulletin
An investor opened a large short position worth 6.8 million dollars on the JellyJelly token (JELLY). This transaction serves as an example of investors taking positions against market volatility.
An important movement occurred in the cryptocurrency market. With HyperLiquid Vault, an investor opened a short position worth $6.8 million using 3x leverage on the JellyJelly token. The leveraged trading strategy can make these types of trades high-risk and profitable. However, the liquidation level of this position is quite close, creating a situation that investors should pay attention to.
The investor's short position came after JellyJelly's recent price movements. In a short time, **JellyJelly, which gained a value of %114.34, had experienced a drop of %45.06 before the rise. Such sudden price movements create opportunities for traders, but also carry significant risks.
The JellyJelly Market is Changing Rapidly
The JellyJelly token stands out with high trading volume, especially on decentralized exchanges like Raydium. This token has become one of the most actively traded pairs with a trading volume of 8.78 million dollars in the last 24 hours. This situation increases the interest of investors and traders in JellyJelly.
HyperLiquid Vault is a feature offered by HyperLiquid, a decentralized finance (DeFi) platform. This system operates as a type of "liquidity pool" that enables users to engage in high-leverage trading.