🕊️ Changpeng Zhao will be released from prison next week.

Former CEO of #binance to be released from prison next week after serving 4 months on money laundering charges 💸

Although he can no longer hold a senior position at Binance, he remains a majority shareholder and will be able to influence the company's long-term goals.

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💥 Bitcoin is correlated with money supply growth!

The "coincidence" between the ATHs of the last two bullruns and the coin issuance is striking!

⏳ The return of the printing press being only a matter of time, this is rather good news for us 👌

Imagine hating me but reading every few weeks/months that a corrupt police force find and steal from me MORE MONEY than you’ll make in your entire life.

Then tweeting that I’m poor “this time”.

😅😅.

Nobody can ever imagine how hilarious I find this.

If the government was a real business it would have been bankrupt a long time ago. The only thing keeping it going is the fact that people pay their taxes out of fear of going to jail if they don't (violence) and most importantly THE MAGIC MONEY PRINTER.

Further proof of the charade: the US government has hired 87,000 new agents to collect taxes with an average salary of 100k/year.

So this cost taxpayers $8 .7 billion and these agents managed to collect $1 .3 billion.

So, a deficit of -$7.4 billion... which will be paid by taxpayers. And of course the government will boast about having collected $1 .3 billion more in taxes.

How did we get here?

Imagine this:

Went to the job, was giving 100% of myself.

Had only paid for half of month, and "boss" is ghosting me now.

It hurts, not the money part

But the way I got treated for what I was giving

🔥 AMAZING 🔥

How much money needs to COME IN for #Bitcoin to reach 1 MILLION DOLLARS ⁉️

💥 Professional trader, Willy Woo, did some calculations to estimate how difficult it would be for bitcoin to reach million dollar figures.
💥 All your analysis is based on a conservative scenario

👉 According to their projections, $5 TRILLION of investment in bitcoin is needed to reach this goal, that is, 1% of the world's WEALTH assets.

▪️ The Market Cap of #Bitcoin would reach 19 trillion dollars if this happened.
▪️ This chart shows the size of OTHER markets compared to the overall crypto market….
▪️ The STOCK market has a market capitalization of no less than 106 trillion dollars

👀 A $19 trillion market cap for Bitcoin is certainly NOT FREAKY compared to other markets.

Periods When To Make Money again.

A. Buy 2023 sell 2026.
B. Buy again 2032 and sell 2035.

🇮🇳 India reviews registrations of foreign crypto exchanges.

India's Financial Intelligence Unit is reviewing the registration applications of four foreign crypto exchanges that were previously banned for failing to comply with the country's anti-money laundering laws

https://cointelegraph.com/...

📆 13 years ago, on September 7, 2011, 2008 Nobel Prize winner in economics Paul Krugman accused Bitcoin of being a “dumb money.”

10 years later, on September 7, 2021, El Salvador became the first country in the world to adopt Bitcoin as legal tender.

Sorry 🤭

We are 180 days into a correction since we made an ATH in Bitcoin and market sentiment is worse than when BTC was at 15K.

Ethereum has lost nearly $250 billion in market cap over the summer, even with ETFs coming to market.

And what happened?

> Massive exits and sales by Grayscale.
> Massive MT.GOX distributions.
> Mass distributions from the United States.
> Germany selling +50,000 BTC.

And what is to come?

> US interest rate cuts.
> Gradual increase in global liquidity.
> United States elections.
> FTX Refunds (+$16B).

And all this with stablecoins reaching all-time highs.

Is this the end? Are we all going to die?

I don't believe it.

For me nothing has changed.

Nobody said the bull market was going to be easy.

The best, for me, is yet to come.

You already know what happened next, the times when the feeling was as shattered and terrifying as the one we are experiencing now.

The difficult moments are what separate babies with poop on their butts from legends.

Everyone is very pro, everyone is very cocky, very gangster and very brave until it is time to buy the dip when at all hours they say that we are going to visit lower areas and everyone is terrified and with their balls in their throat.

We've all heard "If you come down to X area I'm going to put my house in your house" then they come down and shit their pants and don't buy.

It seems like a meme, but it is not.

There is something that will never change.

> The vast majority of people will sell out of fear.
> The vast majority of people will buy out of euphoria.

And it is certainly the fastest way to lose money in this market.

Sorry, I didn't make up the rules of the game.

The road will be long and there will be monsters and corpses along the way, just try not to make it yours.

The bull market is not over.

They just want to steal your magic internet coins so that when they spend billions on marketing, they can buy them back at an exorbitant price.

Nothing has changed.

Patience, conviction, buy the dip & chill 🏝️

💥 US banks have 7x more unrealized losses than during the 2008 crisis.

To mop up bankruptcies, massive inflows of capital will be needed.

This is when all assets will explode higher thanks to money printing.

#Bitcoin

United Texas Bank is under a cease and desist order issued by the Federal Reserve due to failures in cryptocurrency risk management and anti-money laundering compliance

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Breakfast of a man who invested all his money in crypto 🥪

Ralala #BullVerse , and to say that bullverse is built during a complicated market, to explode upwards during the bull run with a utilitarian and complete product.

You do not realize the project that is being built. I just have to look at what works or the needs to get an idea:

✅ Pumpfun and sunpump

✅ Need a decentralized social network

✅ Payment in crypto

✅ Partner

✅ Easy-to-use interface

The only thing missing from this project is our support. The team shows us that they are building each project. That they care about their users.

We don't have much to do. Talk about the social network around you if you appreciate the experience (it also makes you money 👌🏾). Like coinmarketcap, a dexscreener rocket. Make posts on X if you feel like it.

You will never have food in your mouth if you wait for someone to cook for you 😉

Continue to sell and regret later

Not only does the $MIM community get paid to raid via MagicRaidMoney, but we’ve made it easier and faster than ever! More magic being created straight from the Magic Internet Money community! 🧙🏻‍♂️🪄⚡

🚨 VanEck publishes its predictions for the price of bitcoin in 2050:

Bearish scenario = $130 ,000
Base case = $2 ,910,000
Bullish scenario = $52 ,386,000

By 2050, #Bitcoin could represent 10% of international trade and 5% of local trade gain with central banks holding it as a reserve asset.

Risks to Bitcoin's growth are:
🔹 The growing demand for energy
🔹 Concerted government repressions
🔹 Competition with other digital assets.

"We believe many of these distortions stem from a massive misallocation of capital since the global financial crisis as G7 governments overused the printing press, spending borrowed money on impossible goals.
Bitcoin...is the ultimate hedge against this growing fiscal recklessness"
says Matthew Sigel, head of digital asset research at Van Eck.

Marinade Finance, one of Solana’s original staking providers, has found itself in hot water with validator operators.

Validators argue that Marinade’s new Stake Auction Marketplace (SAM) harms the staking landscape, allowing malicious actors to thrive at the expense of honest validators.

Beyond losing stake in the network, chagrined validators suggest that, left unchecked, the SAM model is a threat to decentralization and Solana’s scalability moving forward.

Marinade has dismissed these accusations. Countering claims of apathetic negligence, Marinade argues those who criticize the new system do so out of spite.

Is this a case of willful blindness, or are validators looking for a scapegoat to blame for their own shortcomings?

WHY ARE VALIDATORS UPSET?
Once heralded as a powerful new model that would push staking APY to new heights, the SAM has drawn scorn and skepticism from certain validators. Marinade’s SAM enables validators to bid on network stake, with winners securing stake and passing on elevated rewards to delegators.

To win auctions, validators competitively bid on network stake. However, surging demand for stake has driven validators to bid at potentially unsustainable levels. In previous epochs, winning validators needed to yield over 10% APY to win auctions, a rate considered impossible to achieve through native staking alone.

This has led certain operators to speculate on how these validators can afford such high bids. Suggesting that such yield can only be achieved through malicious activities, like sandwich attacks, private mempools, and off-chain deals, some validators argue that Marinade is turning a blind eye to dishonest validators.

Distressed validators have created analytics dashboards to express their frustrations and support their claims. Hanabi’s ‘Marinade Stake Selling’ dashboard highlights that a number of validators flagged for malicious activity have won stake through the SAM.

Responding to accusations levied by third-party dashboard creators, Marinade CEO Michael Repetny argues “Hanabi lacks any methodology, they only copy labels from other Stakewiz dashboard to call it a day.”

Adding further context to the claims of disgruntled operators, Repetny affirms “Hanabi lost 1M SOL from Marinade so it’s understandable he fights the new system.”

Concerned validators have taken to Marinade’s Discord server to air their grievances. Operators have claimed that, through the SAM, over 2.7M SOL has been staked to questionable validators, including sybils and sandwiches. Disgruntled operators even suggested “Marinade wants you to have side deals, ethical or not.”

Additionally, validators have argued that if “most of the mSOL pool is delegated to unethical validators it’s a really bad look for the Solana ecosystem.”

In an exclusive statement with SolanaFloor, Max Kaplan, Head of Engineering at Edgevana, credits Marinade for trying something inventive that “had never been done before”.

However, Kaplan admits that Marinade “went full capitalist… basically, the highest bidder wins. Marinade doesn’t really care if a validator bids for stake and is just gonna lose money on that stake, that’s not their problem… They’re happy to take the money and give that to mSOL holders.”

Experts argue that in current conditions, staking yield over 10% simply isn’t sustainable. Kaplan contends “10% APY is higher than the native staking yield that is paid out on chain. The money has to come from somewhere.”

Without making any accusations, Kaplan theorizes that additional yield could potentially come from a validator’s own “marketing/growth budget” or other sources like “SWQoS / private mempool deals”.

Responding to any accusations, Repetny reinforces Marinade's stance that “SAM provides the best yield on the market for delegators. It is not an active policy maker or opinionated strategy to tweak the network.”

Daily Memecoin Recap - August 27

Volume was slow today with $btc & $sol decreasing

Cat Meta
$smh -> $1 .15m to $3m (2.6x), "So Much Higher"
$sicko -> $200k to $1 .35m (6.75x), heavily pushed today
$mood -> hit $520k , twitter community instead of an account

Dog Meta
$spikedog -> hit $625k , "4chan dog", good meme
$updog -> hit $335k , $bane CTO lead (ATH $7m ), CTO

Tron Memes
$biao -> $3m to $6 .5m (2.2x), famous Chinese meme
$elmo -> hit $8m , heavily pushed by KOLs, based on elmo

$vangogh -> hit $4 .1m, based on a justinsuntron tweet

More Cooks On $sol
$deebo -> $230k to $1 .55m (6.7x)
$money -> hit $580k , "Just give me my money"
$that -> hit $530k , "tinfoil hat",
$sym -> hit $390k , "Symphony", CTO
$mp3 -> hit $350k , "mood: Printing Trillions", twitter community instead of an account

Traditional markets are historically low volume during summer -> Crypto majors follow -> Memecoins follow

Looking for a push sometime into end of year, for now patience is key, focus on quality over quantity

Automated scalping strategy update #5

➳ I have been collecting data on the trending entries since the last update on the strategy (1 month ago)

➳ With all the data I found I can know which token is going to pump or not with a 90% winrate

➳ Now this is only in theory, I have to put the whole system to the test and actually trade with money

➳ Will keep updates here on my PNL

Tokenized US Treasury Bonds Surpass $2 Billion!

Does this sentence (and its implications) seem incomprehensible to you?

Let's break it down together

1. US Treasury bonds

These are securities issued by the American government, purchasable by anyone on traditional financial markets.

You are literally lending money to the US government and in return for this nice gesture, you are promised a return (currently 3.8 %)

Treasury bills are simply acknowledgements of debt.

The US government is indebted to you (congratulations, you have a superpower in your pocket!)

2. “tokenized”

Literally: injected into a blockchain

Treasury bonds are transformed from a "virtual electronic" state (information on the hard drive of the Fed or a central bank) to a "cryptographic" state by being transposed in the form of digital assets (i.e. tokens) on a blockchain network.

We are talking about "tokenization of financial assets"

3. What for?

Let's simplify:

- Cheaper, lower costs for the issuer (government) and the holder
- Fewer intermediaries (savings on this side too)
- Excellent liquidity
- Unlimited fragmentation potential (a treasury bond is sold at least in tranches of $100 , with tokenization it is possible to divide this threshold by 10, 100, 10,000 to make the asset accessible to a wider audience)
- Transparent
- Ultra secure
- Auditable
- ...

To put it simply, there is SO much upside to using blockchain for financial assets that there is NO scenario where this technological approach will not prevail in the coming decade.

These 2 billion are therefore a very timid incursion into a market of 27,000 billion dollars just for US Treasury Bonds (and this without even counting other asset categories, such as indexes, shares, financial real estate, etc.)

In short and in conclusion, the tokenization of global financial assets and "The (real) next big thing" for blockchain and crypto

🚨 Our space goes live in a few minutes !

We’re excited to bring together these incredible builders who also happen to be our partners.

📍 𝙇𝙤𝙘𝙖𝙩𝙞𝙤𝙣 : https://x.com/i/spaces/1br...

Our special guests include:

👉 Landlord Ronald @LANDLORD
👉 GME @GMEonSOL
👉 Magic Internet Money @MagicInternetMoney
👉 PengyOS @PengyOS_sol

Plus, there will be prizes to win! 👊

🚨 #BullPay New Listing Alert! 📈

$MIM is now listed as a payment method on BullPay @bullverse

You can now use Magic Internet Money to get paid for services, exclusive content, and digital products through BullPay!

Here's a pie chart of pump fun traders:

• 60% lost money.

• 4.7% made no money.

• 24% made less than $100 .

• 11.2% made more than $100 .

• 3% made more than $1 ,000.

• 0.5% made more than $10 ,000.

• People who have made more than $10K can barely even be seen on this pie chart.

🔺 Franklin Templeton extends his Blockchain Fund to Avalanche.

The Wall Street titan's Government Money Fund (FOBXX) is now available on the Avalanche network.

FOBXX is represented by the BENJI token, which is currently trading on Stellar, Polygon and Arbitrum.

"The addition of Benji to the Avalanche network further expands access to our first tokenized money market fund"

Says Roger Bayston, head of digital assets at Franklin Templeton.

https://www.theblock.co/po...

💬 Franklin Templeton CEO Jenny Johnson is shocked by how much traditional finance underestimates #Bitcoin .

In a conversation at the Wyoming Blockchain Symposium in Jackson Hole, she said:

“What’s crazy to me is that in traditional finance, they have no idea how much money and how much volume [of bitcoin] there is “

http://coindesk.com/busine...

Binance and former CEO Changpeng Zhao face a new class-action lawsuit from three investors alleging the exchange failed to prevent money laundering, resulting in the loss of their stolen crypto assets.

US LIQUID MONEY SUPPLY - $USM2 Indicator

➡️ From January 2010 to January 2020, the US M2 money supply increased by $6 .7 billion, from $8 .5 billion to $15 .2 billion, an increase of +78%.

👉 Then, between January 2020 and April 2022, the M2 money supply jumped by $6 .4 billion, recording an increase of +41% in just two years, almost as much as over the entire previous decade!

📈 To watch in the coming months: depending on the decisions that will be taken to stimulate the economy or control inflation, a further expansion of the M2 money supply could lead to an influx of capital into financial markets, which could notably benefit cryptos, as during the COVID period.
#altcoins

Shit app
They don't wanna pay any money for the referral

They just here to waste your time

Fuck you bullverse