Quote from: Faisal2202 on March 14, 2023, 08:44:24 PM

I must say my whole journey was a lie. because I never came to know about these websites like never think that they have economic Calendars. after reading your post i do a little research and i admit that its my laziness to not look for it. these are really good sites with valuable datasets.

No doubt News cycle has a great impact on the crypto industry and now i will observe the accuracy of these Economic Calendar websites too.

I am wondering that "No doubt News cycle has a great impact " you are saying this as even being so long with crypto never you realized that tweets and media reports and On chain analysis etc etc .. always manipulate the market especially in the critical times even from long time US inflation and CPI reports are impacting the bitcoin rally greatly.

In financial world whenever a big company try to over look their greed to make money they lose and they cause a major panic in market i have some historical such moves in market and some recent ones worth mentioning as LUNA and SVB.

In Luna case in greed of their spreading market dominance they signed about $1B UST minting deal with some central authority i am not sure about the name here and that central authority or organization played their trump card to make money from their $3B market and it cause about $40B to $60B instant wipeout from single project and whole crypto market faced instant $300B+ market capital loss figures are estimated but that not wrong at all. That was monopoly LUNA signed deal they dumped UST and it got DE pegged and then the team made last mistake which worked as the Fire in head from own Gun selling the reserve BTCs which completely F"" Up their projectand now they are no more.
Moving on to the recent incident with the SVB they got maximum of their reserves in fixed APY 5 years + long run mature bonds and then Interest rate on the Bonds o new Bonds issued increased from 1.2% to 3% and 4% which directly affected the SVB bond demand in market then they tried to sell their old bonds in $1B to $3B loss which created more fud in market to buy new high APY bonds and now rest of the story you know which caused USDC to de-pegged another fud and market drop below $20k even USDC was secure they were holding just $3B bonds in SVB which created a panic in USDC holder and boom another stable coin gone..

Things goes on as you know this is how crypto continues it cycle after the very most day market pumped to 22K then 26K and now enjoy...

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