June 11 News
-10E programmed, an interesting experiment has minted out and went all the way up to .3, but then dropped back below .1 (When the price is dropping in a 10-minute interval, royalties are set to 69%, all newly listed nfts (floor) are burned in intervals (Average sales in the 10 minute period < Average sales in the 10 previous minute period) When the price is increasing in a 10-minute interval), royalties set back to 9%
-Pabloslol seem to bounce back after a botter that had minted hundreds was continuously creating a sell pressure was revealed yesterday. ( a lesson the risk of free mints)
-troll-town seems to be recovering a bit as well, with it’s fp going up to .17E
-The Aswaang Tribe that minted 2 days ago seem to be able to hold a decent fp at .25E pre-reveal
-Treasury Secretary Janet Yellen Issues Serious Crypto Warning As Sudden Price Crash Hits Bitcoin, Ethereum, BNB, Solana, Cardano And XRP https://www.forbes.com/sites/billybambrough/2022/06/11/treasury-secretary-janet-yellen-issues-serious-crypto-warning-as-sudden-price-crash-hits-bitcoin-ethereum-bnb-solana-cardano-and-xrp/?sh=47e0b6a72d37
-Market check: Dow falls 500+ points, Nasdaq in the red https://finance.yahoo.com/video/market-check-dow-falls-500-141214669.html
-ETH update: Critical support $1700 has been broken Expecting a short term relief rally around $1697- $1803 resistance levels to liquidate/stop hunt previous short positions and follow BTC up. Expect a crash on monday, where whales will most likely take profit and setup bigger shorts. Next formal support level is previous ATH = $1442.
Bitcoin, ethereum and other major cryptocurrencies have fallen sharply as a fresh crypto crash weighs on the troubled market…
Yahoo Finance’s Jared Blikre breaks down how markets opened on Friday.
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