13 Jun: Bitcoin Bloodbath!

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- Unknown

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It's the great Crypto Crash Charlie Brown! The naysayers will put DC's PRIDE parade to shame as they will make the news circuits and say "WE TOLD YOU SO!!!" Yes, these are incredibly tough days and only in time will it make any sense. Can this be the capitulation event? I continue to see Analyst's sentiment that we could possibly see between $17K-$20K before the massacre is over.  

The Celsius collapse was definitely unexpected as the LUNA debacle. It is easy to lean into the FUD and begin the panic and it's understandable but it's key remain open, listen, and wait. Even in the midst of all the carnage, building continues so the game isn't over; IMHO. 

In addition, the FIGHT phase is definitely here as Binance has now delisted Litecoin which implemented MimbleWimble (Privacy features) and it doesn't signal a good sign but things will continue to get crazier before they get sane. This is the game we play, I've been in Crypto since 2011 and have seen 3 of these disastrous scenarios and I HODL because nothing fundamentally has changed about Bitcoin (NOT CRYPTO) and so, let's see where we go. Buckle up!  


  • Nexo Offers To Acquire Celsius Network’s Collateralized Loan Portfolio (EWN | TB | Decrypt | Cointelegraph | Coindesk | Blockworks)
  • Celsius Network Suspends All Withdrawals with Immediate Effect (BIC | Bitcoinist)
  • Tether: Celsius crisis has no impact on USDT reserves (Cointelegraph)
  • Crypto lender BlockFi cuts staff by 'roughly 20%' (TB | Blockworks)
  • Celsius rivals move to distance themselves from its staked ether woes (TB)
  • German fintech Nuri's bitcoin interest product affected by Celsius withdrawal freeze (TB)


  • Hawkish Fed Rhetoric Drives $102M in Crypto Product Outflows (BIC)
  • Binance resumes withdrawals as many retail crypto investors monitor exchanges (Cointelegraph | TDH)
  • A Third of Billionaires Around the World Have Direct or Indirect Exposure to Crypto: Report (TDH)
  • Silvergate Capital Could Benefit From Institutional Crypto Adoption, Wells Fargo Says (Coindesk)
  • Crypto Total Market Capitalization Under $1T after 10% Fall (Blockworks | Coindesk)
  • Mass Liquidations Hit Traders as Crypto Market Takes a Tumble (BIC)
  • In this together: Musk and Saylor down a combined $1.5B on Bitcoin buys (Cointelegraph)
  • Crypto winter survival guide: Community shares game plan for the bear market (Cointelegraph | Cointelegraph)
  • Jack Dorsey Presents Web5: Decentralized Web Based on Bitcoin Values (BIC)


  • Bitcoin Eyes $8,000 ‘Max Pain’ Price Level As 3-Day Chart Hints At March 2020 Crash Repeat (ZyCrypto)
  • Here’s the Bad News for Bitcoin: Capitulation Is Not Here Yet (Analysis) (CryptoPotato)
  • Bitcoin derivatives data shows no ‘bottom’ in sight as traders avoid leveraged long positions (Cointelegraph)
  • Bitcoin Long-Term Holders Realize March 2020-Like Losses As BTC Crashes (NewsBTC)
  • Bitcoin’s Relative Strength Index hits an all-time low; Did BTC just hit the bottom? (Finbold)
  • Bitcoin analysts are watching these BTC price levels as key trendline looms (Cointelegraph)
  • MicroStrategy’s Stock Plunges 20% Daily as Company’s BTC Position Down $1B (CryptoPotato | Blockworks)
  • El Salvador’s Reserves Tumble as Bitcoin Extends Losses (Blockworks)
  • Crypto Winter Has Arrived: Is It Time To Buy The Blood In Bitcoin? (Bitcoinist | NewsBTC)
  • Bitcoin Sees Lowest Ever Monthly RSI As BTC Dips Below $24K (CryptoPotato | Finbold | UToday | NewsBTC | BM)
  • Bitcoin slide leads to unrealized losses for prominent holders (TB)
  • Lowest weekly close since December 2020 — 5 things to know in Bitcoin this week (Cointelegraph)
  • Bitcoin passes $23.8K May low as crypto market cap drops under $1 trillion (Cointelegraph | CryptoPotato | Decrypt | Finbold | TBBIC)
  • Bitcoin price drops to lowest since May as Ethereum market trades at 18.4% loss (Cointelegraph)


  • Ethereum Drops Below $1500, Lowest Since January 2021 (BIC)
  • Over $521,000,000 in Crypto Liquidated in Just 24 Hours As Ethereum (ETH) Plummets to 14-Month Low (TDH)
  • Ethereum Flash Crash Sends Price Under $950 on Uniswap (Decrypt)
  • Ethereum Whales And Investors ‘Buying The Dip’ As “The Merge” FOMO Kicks In (ZyCrypto)
  • Ethereum price flash crashes to $950 on Uniswap as whale dumps 93K ETH (Cointelegraph)
  • How Much ETH Does Joe Lubin Hold? (Coindesk)
  • More Pain for Ethereum Price on Horizon as It Loses 28% over Weekend, Various Experts Suggest (UToday)
  • Ethereum price enters ‘oversold’ zone for the first time since November 2018 (Cointelegraph)
  • Ethereum's Dip to $1,150 May Cause Catastrophe on Lending Market, Here's How (UToday)


  • Ripple Executive Says Last Year and a Half Has Been Strongest Ever for Company Despite Lawsuit (TDH | EWN)
  • Cardano (ADA) Tumbles 85% From All-Time High as Market Falters (BIC)
  • Cardano: This Indicator Reveals Buyers' Indecision as Price Nears $0.50 (UToday)
  • Solana’s (SOL) Weekly RSI Falls to New All-Time Low (BIC)
  • Solana, Dogecoin Lead Plunge in Majors as Traders Warn of ‘Severe Losses’ Ahead (Coindesk)
  • Dogecoin Down Over 90% Since Elon Musk's SNL Appearance (Decrypt | NewsBTC | Finbold)
  • Binance ends support for anonymous Litecoin transactions (Cointelegraph | TB)
  • Tron deploys $2 billion from reserves to guard against shorts (TB | CryptoPotato)
  • Celsius’s Native Token Falls Below 50% As The Network Halts Transactions Citing Extreme Market Volatility (EWN)


  • Capo: Trader Who Accurately Called Bitcoin Plunge Below $23,000 Updates Crypto Forecast (TDH)
  • Glassnodes: Institutional Investors Buying Bitcoin Weakness As VC Firms Accelerate Interest in Crypto: Glassnode Co-Founders (TDH)
  • Justin Bennett: Crypto Market Pullback Imminent, According to Top Analyst – Here’s His Downside Targets for Bitcoin and Altcoins; 15% lower $950B (TDH)
  • Benjamin Cowen: Crypto Analyst says “The Bear Market Will Make BTC Maxis Out of Many of You” (Cryptoglobe)
  • Tone Vays: Is This Capitulation? Veteran Trader Calls for Bitcoin (BTC) Bottom – Here’s When (TDH)
  • Kevin Svenson: Ethereum Capitulation Imminent As ETH Follows 2018 Market Structure: Crypto Analyst (TDH)


  • CZ: Binance Has a Healthy War Chest To Weather the Crypto Winter and Will Expand Hiring (EWN | BIC)
  • Scaramucci: SkyBridge Buys More Bitcoin, Ethereum Should "Stay Disciplined," He Says (UToday | Finbold)
  • Ryan Watkins: Hedge Fund Founder: ‘No Better Industry To Bet on Over the Next Decade Than Crypto’ (Cryptoglobe)
  • Chris Burniske: VC Firm Partner on the Bright Side of the Crypto Bear Market (Cryptoglobe)
  • Nigel Green: DeVere Group CEO Predicts A BTC Bull Run In Q4, In Contrast To Peter Schiff’s Gloomy Forecast (Bitcoinist | Cryptoglobe)
  • Peter Schiff: Names "The Only Price" That Can Happen to BTC Soon (UToday)
  • Stanley Druckenmiller: Billionaire Says He Would Rather Own Bitcoin as Recession Beckons (BIC | Cryptoglobe | CryptoPotato)
  • Abby Johnson: Fidelity Investments CEO on Her ‘Third Crypto Winter’ (Cryptoglobe)
  • PWC: Majority of Crypto Hedge Funds Extremely Bullish on Bitcoin Despite Weak Price Action: PwC Study (TDH)
  • Jackson Palmer: Dogecoin Co-Founder Says Crypto Is Facilitator of Scams (UToday | UToday | UToday | TDH)
  • Anne Boden: Starling Bank CEO Slams Crypto, Calls It ‘Threat to Safety’ (Cryptoglobe)
  • Kenneth Rogoff: Harvard economics professor says crypto anonymity will eventually be curbed (Finbold | Bitcoinist)
  • Brett Harrison: FTX US Chief Says Crypto Markets’ Correlation With Stocks Not What Traders Think – Here’s Why (TDH)
  • Jake Chervinsky: Four Year Cycle Max Pain (Twitter)


  • $ADA: Actor and Comedian Martin Lawrence Starts Selling His Cardano-Powered NFTs (Cryptoglobe)


  • Bank of Canada: Number of Canadians holding Bitcoin doubled in 2021 (Finbold)
  • Bitcoin Adoption Should Exceed 1 Billion Users by 2030: Blockware Report (CryptoPotato)
  • 85% of Merchants Say Crypto Payments Will Be a Norm by 2026: Deloitte (CryptoPotato | TDH | Cryptoglobe)


  • Ethereum Liquid Staking Protocols Spark Centralization, Depegging Concerns (BIC)
  • Will Lido Staked Ether Trigger the Next Big Crypto Crash? (Blockworks)


  • European crypto ETN and ETP report: Monday, June 13 (TB)
  • Goldman Sachs Executes Its First Trade of Ether-Linked Derivative: Report (Coindesk | TB | Bitcoinist | CryptoPotato)
  • The CFTC’s action against Gemini is bad news for Bitcoin ETFs (Cointelegraph)


  • What are Bitcoin improvement proposals (BIPs), and how do they work? (Cointelegraph)
  • Can the Optimism blockchain win the battle of the rollups? (Cointelegraph)
  • Ethereum Core Devs Delay Crucial 'Difficulty Bomb' for Two Months (Decrypt | Cointelegraph)
  • Cardano Is One Step Closer to Interoperability as EVM Sidechain Set for Launch (UToday)
  • $ADA: IOG Releases Alpha Version of Its New Permissionless EVM Sidechain on Testnet (Cryptoglobe)


  • Old Bitcoin mining rigs risk 'shutdown' after BTC price slips under $24K (Cointelegraph)
  • Bitcoin hash rate marks all-time high as BTC price drops below $25K (Cointelegraph)
  • Dogecoin Mining Revenue Massively Fell In Past 12 Months (NewsBTC)
  • Bitcoin mining stock prices open down sharply as US equities slide (TB)
  • Inner Mongolia Closure of Crypto Mining Operations Starts to Slow (BIC)
  • Chinese chip designer founded by former Canaan execs seeks $50 million Nasdaq IPO (TB)
  • Ethereum Mining Difficulty Delayed Again Ahead of Big Transition (CryptoPotato)
  • Bitcoin mining stock report: Monday, June 13 (TB)



  • U.S. Treasury Department on Track to Regulate Unhosted Wallets (BIC | Finbold
  • Central authorities have demonized privacy — Crypto projects must fight back (Cointelegraph)
  • Ripple's General Counsel Takes Aim at Hinman's Speech (UToday)


  • The Wolf Of All Streets: Senator Kirsten Gillibrand Explains Why The New Crypto Bill Is A Game Changer For Bitcoin
  • Bankless: 122 - Crypto's Bull Shark | Kevin O'Leary (Mr. Wonderful)
  • The Pomp Podcast: #1000 Inflation Is Out Of Control

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The Crypto Curator
The Crypto Curator

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