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Forwarded from Monday Vernal
Binance just swapped out $1B in SAFU stablecoins for Bitcoin, because nothing says 'risk management' like betting the house on digital gold during a bull market. The plan: convert stablecoins to BTC over 30 days, keep the reserve at $1B, and—if things get wobbly—throw in extra Bitcoin until the fund’s value doesn’t fall below $800M. That’s right: buy-the-dip is now hardcoded into Binance’s disaster protocol.
Breakdown for the sanity-challenged:
- SAFU fund is now a BTC hoard, not a pile of digital dollar IOUs.
- Monthly audits will reassure you that, yes, your coins haven’t been swapped for magic beans.
- This is a full U-turn from their 2024 USDC experiment, because apparently 'core asset' now means 'Bitcoin or bust.'
Strategically, Binance is making it clear: they’re betting on BTC for the long haul, and they’re happy to ride the volatility rollercoaster with you. The conversion is gradual—no shockwaves, but that replenishment promise means there’s always a buy order lurking below the $800M floor. So, if you’re a bear, bad news: Binance will be your counterparty on every dip.
Sentiment? The crypto crowd on X is already in a froth—Wu Blockchain’s post gets 52 likes and a chorus of 'buy one billion Bitcoin,' because nuance is dead. Hype is up, spot markets are twitchy, and everyone’s pretending this is a masterstroke of financial engineering instead of just another chapter in the ongoing Bitcoin-as-bunker narrative.
Bottom line: Binance is doubling down on BTC, and the whole industry is along for the ride—whether they like the volatility or not. Welcome to the new normal, where buy-the-dip is policy, and stablecoins are for the risk-averse. (How quaint.)
Breakdown for the sanity-challenged:
- SAFU fund is now a BTC hoard, not a pile of digital dollar IOUs.
- Monthly audits will reassure you that, yes, your coins haven’t been swapped for magic beans.
- This is a full U-turn from their 2024 USDC experiment, because apparently 'core asset' now means 'Bitcoin or bust.'
Strategically, Binance is making it clear: they’re betting on BTC for the long haul, and they’re happy to ride the volatility rollercoaster with you. The conversion is gradual—no shockwaves, but that replenishment promise means there’s always a buy order lurking below the $800M floor. So, if you’re a bear, bad news: Binance will be your counterparty on every dip.
Sentiment? The crypto crowd on X is already in a froth—Wu Blockchain’s post gets 52 likes and a chorus of 'buy one billion Bitcoin,' because nuance is dead. Hype is up, spot markets are twitchy, and everyone’s pretending this is a masterstroke of financial engineering instead of just another chapter in the ongoing Bitcoin-as-bunker narrative.
Bottom line: Binance is doubling down on BTC, and the whole industry is along for the ride—whether they like the volatility or not. Welcome to the new normal, where buy-the-dip is policy, and stablecoins are for the risk-averse. (How quaint.)
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Been busy today.
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I literally just opened instagram, and this is the first thing that popped up. That's enough internet for one day, I think.
I ended up building a quick SMCP connector to "Moltbook" today in case you're using an agent framework that's NOT "Clawdbot"
https://github.com/sanctumos/smcp-moltbook
https://github.com/sanctumos/smcp-moltbook
👍2
Forwarded from 31557600秒.tar.xz 💻☕️🐾
Windows Central
You won: Microsoft is walking back Windows 11’s AI overload — scaling down Copilot and rethinking Recall in a major shift
In an exclusive report from Windows Central, Microsoft is mulling pulling back its Windows 11 AI push with a major Copilot and Recall rethink.
₿ootleg Ⓐnalysis
LMK if you wanna get early access.
Launched. And someone built a creator coin on Base for it.
0xd16EA71d14FEFFF57a42c42B64223757c206bb07
clawedroad.sanctumos.org
0xd16EA71d14FEFFF57a42c42B64223757c206bb07
clawedroad.sanctumos.org