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📝 Bitcoin and Ethereum News Summary
1️⃣ Negative News
A. Risk-Off Phase and Selling of $BTC Bags
Hedge funds are continuing their risk-off approach, leading to ongoing Bitcoin sell-offs. Especially notable is Cathie Wood, who was bullish on crypto, selling her ARK Invest BTC ETF, indicating preparations for a prolonged market downturn. Recently, there has been net outflow from BTC ETFs $350M .
B. Miner Sell-offs
MARA Holdings sold all their Bitcoin holdings. This shift is part of a pivot towards AI-focused projects, and it’s ironic to see the company’s stock rise 10% after selling Bitcoin 😂
BTC-1,12%
ETH-2,92%
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Chairman Park Hyun-joo of Mirae Asset is spreading rumors that he invested 1 trillion in Ripple, just for fun...
It seems there are too many scam posts like this on Twitter these days..
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I’m just killing time running while waiting for my turn in the market.
Please launch more events so I can earn yield on my BTC and ETH through the exchange.
BTC-1,12%
ETH-2,92%
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I went for a run and thought I’d stop by Casa Busano for a drink, but I’m the only guy here. And I’m sweating too.
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I don't understand why we're analyzing the reason why Circle dropped. It increased by 260%, so it's time for it to fall by 20%.
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ParnoNinavip:
Stop making chaotic trades! The only valid idea today is here.
Have all the leaders of Iran died, and are the kids in charge of the government?
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🔹 You were the only one who didn't know... Sorry, I didn't know.
I previously criticized Bitmain's investment in $ORBS , the treasury company of Worldcoin, but I want to incorporate some information I wasn't aware of and give a more accurate perspective.
1️⃣ $ORBS stock is not simply a company that holds Worldcoin
I thought it was just a company that accumulates Worldcoin, but it turns out to be a company that invested in OpenAI, and holding shares in this company means having an indirect stake. $ORBS has 30% of its asset value in OpenAI shares, and it is composed of ETH, cash, and $WLD (10
ORBS-0,07%
ETH-2,92%
WLD-3,6%
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Hmm, if I'm starting to look for things like this now, does that mean we're hitting rock bottom...
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Gold price 25% decline, silver price 50% decline
It's just that Bitcoin's ups and downs were faster than that.
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📑 Weekend Thoughts
I recently met with my former professor and greeted them. They've transitioned from blockchain to AI since last year and are conducting very deep research and study. I expressed some personal melancholy, and this led me to wonder if blockchain is becoming a dead market as such cases become increasingly common. Rather, in response to such comments, my professor said that by studying AI, one can understand why blockchain is necessary. This became an opportunity for me to recalibrate my thinking.
1️⃣ Blockchain is not an option but a necessity for AI economic activity
Existing
BTC-1,12%
ETH-2,92%
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💰 Ultimately, Bitcoin failed to break through the $74K barrier, and I thought it might show a move breaking through 80K with a new Ponzi story... but instead, it seems to be showing a fragile, uncertain situation, struggling after three failed attempts to break through.
The main reason is the widespread belief that the war won't end quickly. An additional concern is that recent signals of a private equity crisis, combined with this, create a scenario where a long-term economic recession could occur. If this situation materializes, I’m contemplating what actions to take...
I believe the new no
BTC-1,12%
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Worst spot listing recently
Near $11 MC means downtrend of listing?
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📝 I hope Ethereum does well and I hope MicroStrategy does well too.
Honestly, MicroStrategy, which purely buys only $BTC, could be called a pure and clean maniac.
Recently, MicroStrategy invested in Mr. Beast's company and $ORBS , a Nasdaq-listed company. ((not OBS coin)) Looking at what kind of company it is, it's apparently Worldcoin DAT company and a Worldcoin-related company. And they also invested in Mr. Beast's company.
Of course, there's an intention to bet less than 5% of company assets on risky investments, but regardless, MicroStrategy is not purely a 100% Ethereum buying company. I
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The Boundless AMA that was scheduled for tomorrow has been cancelled.
Hope their good success
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[AMA] DEFIAPP IS HOME SWEET HOME
HOME0,26%
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We can feel Monad season is coming!!
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I have now surpassed 3,000 Yaps.
There are so many excellent people that I've given up on the desire to maintain the top tier and am now fighting my own battle.. lol But I still want to reach 5,000 YAPS.
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🔮 Let’s go back to zero and explore the beginning of Monad.
Through the Podcast with @0x_eunice , we’ve summarized how the current team members(@keoneHD @_jhunsaker @billmondays @sungmo_nad ) you know today came together. Monad has been three years building their team, and now they're finally approaching mainnet.
There were actually a lot more stories, but this video has been cut down to just one-tenth of the full tale haha.
If u want to listen full episode of this tiltle
Go to 47:02
Enjoy:
ZERO-0,97%
LOT-1,78%
MORE-1,32%
HAHA2,14%
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