Now that we have spot #BitcoinEFTs
I can’t stop thinking about how huge financial institutions like JP Morgan and Goldman Sachs will manipulate the price of Bitcoin & ETH.
Tradfi: We know they won’t be able to help themselves due to greed. We’ve seen it happen many times before over the years. JPM “spoof trades” to influence market prices, fined ($920M),
https://www.cftc.gov/PressRoom/PressReleases/8260-20
or misleading toxic mortgages (fine $13B), Fannie & Freddie fines ($5.1 B), improper foreclosures ( fine $1.8B), JP Morgan's Fines To Date: A Brief History (JPM) - Dividend.com
to GS’s involvement in the 2007-2008 housing crash (fine $550M),
https://en.wikipedia.org/wiki/Goldman_Sachs_controversies
the 1MBD Malaysian sovereign wealth fund scandal (fined $2.9B), Office of Public Affairs | Goldman Sachs Charged in Foreign Bribery Case and Agrees to Pay Over $2.9 Billion | United States Department of Justice
and the investor protection violation ($75M) to name a few.
goldman-sachs | Violation Tracker
So, now that you’re trading with the big boys, here are a few things to keep in mind.
How large institutions like JPM and GS will manipulate the bitcoin price…
Market Positioning: These institutions could take significant positions in Bitcoin futures contracts, influencing overall market sentiment and potentially impacting spot prices.
Leverage: Through derivatives and leverage, large financial entities can amplify their impact on the market. This might involve taking leveraged positions in futures, affecting supply and demand dynamics.
Information Advantage: Institutions with extensive resources may have access to information that the broader market does not. This information advantage could be used strategically to inform trading decisions.
Liquidity Provision: By providing or withdrawing liquidity in the futures market, these institutions can influence pricing and market behavior.
Crypto traders, realize you’re now swimming with even bigger sharks. The best way to stay safe is to not use leverage when trading… as @Raoul Paul would say… #DFTU (iykyk). Don’t get greedy when trading, and just invest for the long term. It’s gonna be an exciting 2024-2025. Good luck! 🥂 #investing
NYT / Natalia
npub134…pyf3f
2024-01-12 22:36:11
Author Public Key
npub134knrcz09snac86m6c7speqlj9rl6g5ykuaz5aqaqpxupte0dz4qspyf3fPublished at
2024-01-12 22:36:11Event JSON
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"content": "Now that we have spot #BitcoinEFTs \nI can’t stop thinking about how huge financial institutions like JP Morgan and Goldman Sachs will manipulate the price of Bitcoin \u0026 ETH. \n\nTradfi: We know they won’t be able to help themselves due to greed. We’ve seen it happen many times before over the years. JPM “spoof trades” to influence market prices, fined ($920M), \nhttps://www.cftc.gov/PressRoom/PressReleases/8260-20 \nor misleading toxic mortgages (fine $13B), Fannie \u0026 Freddie fines ($5.1 B), improper foreclosures ( fine $1.8B), JP Morgan's Fines To Date: A Brief History (JPM) - Dividend.com\nto GS’s involvement in the 2007-2008 housing crash (fine $550M), \nhttps://en.wikipedia.org/wiki/Goldman_Sachs_controversies \nthe 1MBD Malaysian sovereign wealth fund scandal (fined $2.9B), Office of Public Affairs | Goldman Sachs Charged in Foreign Bribery Case and Agrees to Pay Over $2.9 Billion | United States Department of Justice\nand the investor protection violation ($75M) to name a few. \ngoldman-sachs | Violation Tracker\n\nSo, now that you’re trading with the big boys, here are a few things to keep in mind. \n\nHow large institutions like JPM and GS will manipulate the bitcoin price…\nMarket Positioning: These institutions could take significant positions in Bitcoin futures contracts, influencing overall market sentiment and potentially impacting spot prices.\n\nLeverage: Through derivatives and leverage, large financial entities can amplify their impact on the market. This might involve taking leveraged positions in futures, affecting supply and demand dynamics.\n\nInformation Advantage: Institutions with extensive resources may have access to information that the broader market does not. This information advantage could be used strategically to inform trading decisions.\n\nLiquidity Provision: By providing or withdrawing liquidity in the futures market, these institutions can influence pricing and market behavior.\n\nCrypto traders, realize you’re now swimming with even bigger sharks. The best way to stay safe is to not use leverage when trading… as @Raoul Paul would say… #DFTU (iykyk). Don’t get greedy when trading, and just invest for the long term. It’s gonna be an exciting 2024-2025. Good luck! 🥂 #investing",
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