Fun fact: September 21 is Bitcoin’s unluckiest day 📉

🟠 If you look at BTC’s history since 2013, this date stands out. On most days, Bitcoin closes green about half the time, but September 21 is different. It has ended red on 8 out of 10 occasions, with the average daily loss close to -2% 😧

The Richest Person in Crypto You’ve Never Heard Of 🔍

Tether is the engine of global crypto. It prints the USDT stablecoin everyone trades against, moves more volume than Visa, and earns billions in profit each year. By margins, it is one of the most profitable private companies in the world. Everyone wants a piece of it — but Tether is private 💸

Everyone knows CZ, Vitalik, Satoshi. Few know Giancarlo Devasini.

🤑 He is the hidden power behind Tether. Reports say he owns about 47% of the company.

Recent news: Tether is selling 3% of its shares at a $500b valuation. That implies Devasini’s stake is worth more than $235b — making him one of the richest men alive.

Yet almost nobody knows his name. No stage presence, no hype, no fan base. Just quiet control over the financial operations of one of the most successful companies ever created 🌍

Someone just made $13.6 million on a BNB memecoin in less than a week 🔼

Right now we’re in full meme season on BNB. Chinese coins tied to CZ, Binance, Aster are taking over the trenches.

🔍 Here’s what went down: last week this trader bought over 6% of the entire supply of a coin named "4" for just $68.6K. He hasn’t sold a single token. Now their position is worth around $13.6M.

Maybe it’s pure luck. Maybe it’s just great timing. But I'm in crypto long enough to be sure that this is another case of insider trading, someone knew exactly what was coming, that's why they didn't sell a single coin 🤔

Binance confirmed it paid $283 million to compensate users affected by Friday’s massive market crash, when several assets on the exchange (USDe, BNSOL, and WBETH) sharply depegged 🔸

The exchange said the payouts covered futures, margin, and loan users who held these tokens as collateral during the chaos. USDe, for example, briefly plunged below $0.66 on Binance, though prices on other exchanges stayed relatively stable.

🙅‍♂️ Binance also denied rumors that the depeg caused the broader market crash, stating that “the market sell-off came first.” It blamed the sharp moves on years-old limit orders and cascading liquidations triggered by the extreme volatility.

Check your accounts, have you been paid anything? 💬

This chart shows what usually happens after the hype fades. It tracks every coin listed on Binance from January 2025 until October 8, before the recent market flush that nuked altcoins by 40% to 99%. Even before that collapse, the average coin was already down about 12% since listing 📉

The returns are measured in cumulative log terms, which show the real compounding effect of losses. The line keeps drifting lower because most new listings fail to hold value over time.

💰 When a new token hits Binance unexperienced traders rush to buy thinking they are "early". Remember this chart. History shows that excitement fades, liquidity dries up, and prices quietly bleed out.

How can we use this information? For starters, stop buying 99% of the coins that get listed on Binance. If you believe in your abilities, you can try shorting altcoins a few months after they get listed if price action is confirmed bearish 🐻

This is what it's been like trying to trade this market over the past few weeks 😱

Perhaps we went too far with mass adoption 😂

There's a very rare chart pattern on the BTC/USD today. The price action is absolutely nasty 🤣

Another reminder to stay anon and not flex your wealth, especially if you are in crypto ⚠️

A 21-year-old guy from Ukraine was kidnapped in Vienna, tortured, and killed after two men forced him to hand over his crypto wallet passwords. They emptied his wallets, took his cash, and tried to hide the murder by burning his car. Both suspects were later arrested 🚓

👮‍♀️ This is the kind of risk people forget about. If others can see your money, they can decide you’re worth targeting.

In this world, some people are willing to kill for shockingly little, far less than most people make in a month 😞

Bitcoin is down 5% today, once again front running the stock market, which is slowly chopping downward 📉

Price action looks absolutely disgusting, no sign of bounces whatsoever. During this decline, more than $558.61M worth of futures long positions were liquidated in the last 24h.

🤔 It seems that the current narrative is that Fed rate cuts are no longer seen as a bullish sign, but rather as a rush to avoid economic recession and high unemployment, despite fears of a return to high inflation.

Personally, I see more and more despair and apathy in public discussions of the crypto market. Not a good sign for bulls in the short term, but it signals that quite a few tourists have already left the 'casino' 🤔

Are you buying the dip? Or are you waiting for a specific price?

What I’d do in crypto if I only had $1,000 🤑

First, the more money you have, the easier it is to generate livable income. Making $1k–$10k a month in crypto is realistic but you need big capital. With $1k, it's usually pretty hard to earn anything.

🤔 If I truly had only $1k, the rational move would be to get a job, save, and come back with more capital so the time spent actually pays off.

But if I was forced to climb in crypto with $1k here’s what I wouldn’t do: trade directionally with leverage, try to predict markets, or spot-buy BTC or ETH (even a 100% move doesn’t change much at that size.)

What I’d look for instead is asymmetry and subsidized activity. Right now, that’s still the perp DEX points-farming meta. I’d create accounts on Lighter and Variational. Lighter just finished Season 2 and I think they started Season 3. Variational is still early and heavily incentivizing volume and OI (wrote about it here).

👉 I’d split the capital: $500 on each DEX. Both have 0% trading fees, so you can generate volume cheaply and just lose a bit on spreads. With small size, funding arbitrage is optional but still try looking for it.

The setup would be delta-neutral. For example, long 2 ETH on Lighter and short 2 ETH on Variational. Use around 10x leverage, set multiple stop losses and take profits on both sides at the same prices, then step away. Try to generate good volume ($1m+ a week), hold positions opened for some time and rebalance by moving funds from the winner to the loser account.

With $1k, this is one of the few paths where risk is controlled, outcomes are relatively predictable, and the upside can be asymmetric when points convert into tokens well later 💸

This is how bot operators cheat in online poker and make tons of money 🃏

They run coordinated bot farms. Multiple bots sit at the same table and share their cards and game data outside the platform.

🤖 Instead of playing independently, they act as one system, avoiding each other and making decisions using information real humans (victims) never have. It’s one of the main reasons online poker is much tougher than it looks.

It’s illegal on every poker site and eventually gets caught, but until then these setups quietly drain real players who think they’re just running bad 🧠

S&P 500 Loses Its Last Major Support 🔽

The S&P 500 dipped below its 200-day moving average for the first time since March 2025. This is the line that separates long-term uptrends from everything else.

📆 I've been saying that stock market is cooked since November. The distribution signals were there for months. Then the Iran war hit and accelerated everything.

⏺Energy prices started climbing, inflation fears returned

⏺Treasury yields spiked — 5-year above 4% for the first time since July, 10-year at 4.39%

⏺Fed cut expectations wiped out completely. Markets now pricing a 28% chance of a rate hike by October

⏺Metals got hit hardest. Silver is down 26%, Gold is down 16.5% since the start of March

I don't think 2026 will be a bullish year. Energy-driven inflation, a weakening job market, rates staying higher than expected — nothing here supports a bullish narrative for stocks or crypto.

🛒 That said, I started slowly buying SPX-tracking ETFs today. Not because I think we've bottomed, but because these instruments go up over time as money supply grows.

I'll deploy most of my planned allocation if price drops into the green zone on the chart. The lower it goes, the better the entry and more I will buy.

🙅‍♂️ Buying crypto any time soon is a bad idea IMO. Not until there's a clear sign that stocks have bottomed and the Fed starts signaling easing again. Jumping into risk assets while the macro is still breaking is crazy.