๐บ๐ธ Cynthia Lummis: Americans are ready to upgrade US reserves โ from gold to Bitcoin ๐ฅ
๐ According to a poll by The Nakamoto Project:
โช๏ธ4 out of 5 Americans support converting part of the US gold reserves to BTC
โช๏ธThe average preferred allocation: 10%
โช๏ธGen Z & Millennials push for up to 30% ๐
๐งพ Senator Cynthia Lummis has introduced a bill to create a strategic Bitcoin reserve for the US.
๐ According to a poll by The Nakamoto Project:
โช๏ธ4 out of 5 Americans support converting part of the US gold reserves to BTC
โช๏ธThe average preferred allocation: 10%
โช๏ธGen Z & Millennials push for up to 30% ๐
๐งพ Senator Cynthia Lummis has introduced a bill to create a strategic Bitcoin reserve for the US.
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๐ฅ BlackRock Becomes One of the Biggest Bitcoin Whales
BlackRock has officially taken the #2 spot among the largest BTC holders, surpassing giants like Binance and MicroStrategy. ๐ง
While Satoshiโs legendary wallet is still untouchable at the top, BlackRockโs rapid climb is nothing short of impressive. ๐
Wall Street didnโt just arrive โ it brought a suitcase full of Bitcoin. ๐งณ๐ฐ
BlackRock has officially taken the #2 spot among the largest BTC holders, surpassing giants like Binance and MicroStrategy. ๐ง
While Satoshiโs legendary wallet is still untouchable at the top, BlackRockโs rapid climb is nothing short of impressive. ๐
Wall Street didnโt just arrive โ it brought a suitcase full of Bitcoin. ๐งณ๐ฐ
๐ณ6
Crypto soothsayer
๐ The Most Expensive Pizza in History โ Year by Year The chart shows how the dollar value of the pizza bought by Laszlo Hanyecz for 10,000 BTC in 2010 has changed each year. ๐
๐ The legendary Bitcoin pizza by Laszlo Hanyecz gets a hilarious breakdown from well-known troll Karl Menger:
โ๏ธ Total cost of the pizza: $1.1B
โ๏ธ One slice: $137.5M
โ๏ธ Extra toppings: $69M
โ๏ธ Crust thrown in the trash: $21M
A satirical reminder of how 10,000 BTC spent on two pizzas in 2010 became one of the most expensive meals in history.
โ๏ธ Total cost of the pizza: $1.1B
โ๏ธ One slice: $137.5M
โ๏ธ Extra toppings: $69M
โ๏ธ Crust thrown in the trash: $21M
A satirical reminder of how 10,000 BTC spent on two pizzas in 2010 became one of the most expensive meals in history.
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๐จ Cetus Protocol Hacked โ $260M Stolen!
Cetus, the main LP provider on the Sui blockchain, suffered a massive exploit โ attackers drained $260M, causing most SUI-based tokens to crash by ~80%.
โ ๏ธ Trading is currently frozen across many pairs
๐ฐ The hacker is already converting funds to Ethereum
A major blow to the Sui DeFi ecosystem โ stay cautious.
Cetus, the main LP provider on the Sui blockchain, suffered a massive exploit โ attackers drained $260M, causing most SUI-based tokens to crash by ~80%.
โ ๏ธ Trading is currently frozen across many pairs
๐ฐ The hacker is already converting funds to Ethereum
A major blow to the Sui DeFi ecosystem โ stay cautious.
๐พ7
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๐ฅท A mysterious hacker who looted over $300 million from Coinbase users is not just cashing out via DAI โ he's also going full troll mode on the blockchain.
๐ฌ In one transaction, he sent a message to well-known crypto detective ZachXBT:
"L bozo" โ basically calling him a loser. ๐
Oh, and he attached a meme video of NBA legend James Worthy puffing a cigar. ๐ฌ
๐ฌ In one transaction, he sent a message to well-known crypto detective ZachXBT:
"L bozo" โ basically calling him a loser. ๐
Oh, and he attached a meme video of NBA legend James Worthy puffing a cigar. ๐ฌ
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๐ฅ Conor "Bitcoin" McGregor for Bitcoin President?
UFC champ Conor McGregor isnโt just fighting in the cage anymore โ now he wants to fight inflation ๐ฎ๐ช
๐น Running for President of Ireland
๐น Promises to make Ireland the first European country to add Bitcoin to its balance sheet
From octagon to office โ looks like McGregor's next opponent is the Euro. ๐ช๐ฅ
UFC champ Conor McGregor isnโt just fighting in the cage anymore โ now he wants to fight inflation ๐ฎ๐ช
๐น Running for President of Ireland
๐น Promises to make Ireland the first European country to add Bitcoin to its balance sheet
โFirst man to win two belts. First fighter to walk in as president. First president to put Bitcoin on Europeโs balance sheet.โ
From octagon to office โ looks like McGregor's next opponent is the Euro. ๐ช๐ฅ
๐5๐คฏ2
๐บ๐ธ Trump Hosts Private Dinner for TRUMP Memecoin Whales
๐ฝ Last night, Donald Trump held a closed dinner in the U.S. for the top 220 holders of the TRUMP memecoin.
๐ Key stats:
โช๏ธ220 guests in total
โช๏ธBiggest whale: Justin Sun ($19M in TRUMP)
โช๏ธAverage investment per guest: $1.79M
โช๏ธTotal guest holdings: ~$394M
โช๏ธ72% of attendees came from outside the U.S.
The event had no major announcements โ just a friendly get-together of top-tier holders.
Meanwhile, ~100 protestors gathered outside with signs reading โStop Crypto Corruption,โ voicing concern over the politicization of crypto. ๐ง
๐ฝ Last night, Donald Trump held a closed dinner in the U.S. for the top 220 holders of the TRUMP memecoin.
๐ Key stats:
โช๏ธ220 guests in total
โช๏ธBiggest whale: Justin Sun ($19M in TRUMP)
โช๏ธAverage investment per guest: $1.79M
โช๏ธTotal guest holdings: ~$394M
โช๏ธ72% of attendees came from outside the U.S.
The event had no major announcements โ just a friendly get-together of top-tier holders.
Meanwhile, ~100 protestors gathered outside with signs reading โStop Crypto Corruption,โ voicing concern over the politicization of crypto. ๐ง
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๐ Bitcoin Drops to $109K After Trumpโs New Trade Threats
BTC rapidly dipped from $111,000 to $109,000 โ and yep, Trumpโs at it again ๐คท
๐บ๐ธ US president vowed to introduce 50% tariffs on EU goods starting this summer. ๐
๐ฑ On top of that, he threatened a 25% tariff on Apple products if iPhones arenโt made in the U.S.
Markets reacted instantly.๐
BTC rapidly dipped from $111,000 to $109,000 โ and yep, Trumpโs at it again ๐คท
๐บ๐ธ US president vowed to introduce 50% tariffs on EU goods starting this summer. ๐
๐ฑ On top of that, he threatened a 25% tariff on Apple products if iPhones arenโt made in the U.S.
Markets reacted instantly.๐
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Crypto soothsayer
๐บ๐ธ Trump Hosts Private Dinner for TRUMP Memecoin Whales ๐ฝ Last night, Donald Trump held a closed dinner in the U.S. for the top 220 holders of the TRUMP memecoin. ๐ Key stats: โช๏ธ220 guests in total โช๏ธBiggest whale: Justin Sun ($19M in TRUMP) โช๏ธAverage investmentโฆ
โ๏ธDonald Trump gifted Justin Sun a personalized Trump Golden Tourbillon watch during the dinner for TRUMP token holders.
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Crypto soothsayer
๐จ Cetus Protocol Hacked โ $260M Stolen! Cetus, the main LP provider on the Sui blockchain, suffered a massive exploit โ attackers drained $260M, causing most SUI-based tokens to crash by ~80%. โ ๏ธ Trading is currently frozen across many pairs ๐ฐ The hackerโฆ
Cetus has successfully frozen $162M of the $223M stolen during the recent exploit. ๐ฐ
๐ค The team is actively working with the Sui Foundation and ecosystem partners to recover the remaining funds.
๐ Key actions:
โช๏ธThe exploitโs root cause was identified and patched.
โช๏ธDevelopers across the ecosystem were alerted to prevent similar attacks.
โช๏ธCybersecurity experts were brought in to trace funds and negotiate with the hacker.
โช๏ธ Law enforcement is involved.
โช๏ธ The attackerโs Ethereum wallet was identified. Cetus offered a whitehat deal โ return the funds, and legal action will be dropped.
๐ค The team is actively working with the Sui Foundation and ecosystem partners to recover the remaining funds.
๐ Key actions:
โช๏ธThe exploitโs root cause was identified and patched.
โช๏ธDevelopers across the ecosystem were alerted to prevent similar attacks.
โช๏ธCybersecurity experts were brought in to trace funds and negotiate with the hacker.
โช๏ธ Law enforcement is involved.
โช๏ธ The attackerโs Ethereum wallet was identified. Cetus offered a whitehat deal โ return the funds, and legal action will be dropped.
๐ฑ6๐3โค1
๐ Altseason is (almost) here?
A popular theory circulating on Crypto Twitter suggests the altcoin season is imminent. ๐
๐ Historically, altseasons tend to kick off ~380 days after a Bitcoin halving โ and guess what? We're in that window now. ๐ค
Will history repeat itself? Stay tuned ๐
A popular theory circulating on Crypto Twitter suggests the altcoin season is imminent. ๐
๐ Historically, altseasons tend to kick off ~380 days after a Bitcoin halving โ and guess what? We're in that window now. ๐ค
Will history repeat itself? Stay tuned ๐
๐5
โ๏ธ Supreme Court Saves Powell from Trump
Bloomberg reports: ๐บ๐ธ The U.S. Supreme Court ruled that Trump can fire heads of independent agencies without cause โ but not the Fed Chair.
๐ผ Jerome Powell is safe for now, as the Fed remains "a uniquely structured, quasi-private entity,โ and off-limits for presidential firing.
This decision protects the Federal Reserveโs independence, especially amid Trumpโs pressure to cut interest rates. ๐ง
Bloomberg reports: ๐บ๐ธ The U.S. Supreme Court ruled that Trump can fire heads of independent agencies without cause โ but not the Fed Chair.
๐ผ Jerome Powell is safe for now, as the Fed remains "a uniquely structured, quasi-private entity,โ and off-limits for presidential firing.
This decision protects the Federal Reserveโs independence, especially amid Trumpโs pressure to cut interest rates. ๐ง
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Crypto soothsayer
๐ Bitcoin Drops to $109K After Trumpโs New Trade Threats BTC rapidly dipped from $111,000 to $109,000 โ and yep, Trumpโs at it again ๐คท ๐บ๐ธ US president vowed to introduce 50% tariffs on EU goods starting this summer. ๐ ๐ฑ On top of that, he threatened a 25%โฆ
๐บ๐ธ๐ฌ โIf you're selling BTC because Europe got hit with tariffs, you don't understand Bitcoin and you're NGMI.โ
David Bailey, CEO of Bitcoin Magazine and former crypto advisor to Donald Trump, calls out panic sellers.
๐ฌ His message: Bitcoin was built to thrive amid geopolitical and economic turbulence, not collapse because of it.
๐ True Bitcoiners see beyond short-term news โ they HODL through chaos.
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โพ๏ธ Market Psychology in One Simple Rule
Want to know where we are in the market cycle? Just listen to your friends:
๐งธ In a bear market, you're a fool for staying in crypto.
๐ In a bull market, you're a genius or just lucky.
The truth? The cycle hasn't changed โ only people's emotions have. Stay focused.
Want to know where we are in the market cycle? Just listen to your friends:
๐งธ In a bear market, you're a fool for staying in crypto.
๐ In a bull market, you're a genius or just lucky.
The truth? The cycle hasn't changed โ only people's emotions have. Stay focused.
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Crypto soothsayer
โ ๏ธ Phishing alert for Ledger users! Scammers are sending physical letters pretending to be from Ledger, urging users to complete a โcritical security update.โ ๐ฉ The letters look legit โ with Ledger branding, support numbers, and even a QR code. โ๏ธInsideโฆ
Mike Belshe, CEO of BitGo, revealed that scammers tried to trick him via traditional mail. ๐ฉ
๐ฅท They posed as Ledger and sent a fake hardware wallet, claiming it was for a "security check" on his crypto wallet.
๐ฆ Inside was a malicious device designed to steal private keys and gain access to funds.
โ ๏ธ Reminder: Never trust unsolicited hardware wallets โ especially those claiming to be replacements or upgrades. Always verify directly with the company.
๐ฅท They posed as Ledger and sent a fake hardware wallet, claiming it was for a "security check" on his crypto wallet.
๐ฆ Inside was a malicious device designed to steal private keys and gain access to funds.
โ ๏ธ Reminder: Never trust unsolicited hardware wallets โ especially those claiming to be replacements or upgrades. Always verify directly with the company.
๐พ7๐1
๐บ๐ธ Donald Trump announced a delay in the 50% tariffs on all EU imports until July
The move is seen as a temporary de-escalation in trade tensions between the U.S. and Europe.
๐Following the news, Bitcoin surged back to $110,000. However, technical indicators show strong resistance on the hourly chart, suggesting the rally may face obstacles. ๐
The move is seen as a temporary de-escalation in trade tensions between the U.S. and Europe.
๐Following the news, Bitcoin surged back to $110,000. However, technical indicators show strong resistance on the hourly chart, suggesting the rally may face obstacles. ๐
๐ฅ6โค1๐1
๐ต๏ธโโ๏ธ Analysts believe that by 2045, companies holding Bitcoin reserves will control 50% of the total BTC supply.
Strategy (former MicroStrategy) is expected to maintain its lead, holding half of all corporate Bitcoin โ potentially making Michael Saylor's firm the most valuable in history.๐ฐ
Experts also note that half of the worldโs capital is seeking a better store of value. This has driven a significant shift over the past two years from fiat currencies to hard assets like gold and Bitcoin. ๐ง
Strategy (former MicroStrategy) is expected to maintain its lead, holding half of all corporate Bitcoin โ potentially making Michael Saylor's firm the most valuable in history.๐ฐ
Experts also note that half of the worldโs capital is seeking a better store of value. This has driven a significant shift over the past two years from fiat currencies to hard assets like gold and Bitcoin. ๐ง
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๐บ๐ธ Major U.S. financial groups, including the American Bankers Association and SIFMA, are urging the SEC to scrap the rule requiring public companies to disclose cyber incidents within 4 days โ (petition).
They argue the rule harms investigations, breaches confidentiality, confuses investors, and even helps hackers pressure companies. ๐ง
Case in point: Coinbase refused to pay a $20M ransom after a client data breach โ disclosure rules, they say, made the situation worse. ๐คท
They argue the rule harms investigations, breaches confidentiality, confuses investors, and even helps hackers pressure companies. ๐ง
Case in point: Coinbase refused to pay a $20M ransom after a client data breach โ disclosure rules, they say, made the situation worse. ๐คท
๐5
๐จ A crypto investor lost $2.6M in stablecoins after falling for two phishing scams โ just three hours apart!
๐ฅทThe attacker used a sneaky trick called a zero-value transfer: a fake transaction of $0 that appears in your wallet history, making the scammerโs address look familiar.
Later, the victim mistakenly sent real funds to this "trusted" address โ twice. ๐
This advanced address poisoning tactic is on the rise. Over 270M attempts were tracked across Ethereum and BNB Chain, with over $83M in stolen funds. ๐ต
๐ Always double-check full wallet addresses โ partial matches can be deadly.
๐ฅทThe attacker used a sneaky trick called a zero-value transfer: a fake transaction of $0 that appears in your wallet history, making the scammerโs address look familiar.
Later, the victim mistakenly sent real funds to this "trusted" address โ twice. ๐
This advanced address poisoning tactic is on the rise. Over 270M attempts were tracked across Ethereum and BNB Chain, with over $83M in stolen funds. ๐ต
๐ Always double-check full wallet addresses โ partial matches can be deadly.
๐10๐พ3
๐ Strategy (ex-MicroStrategy) just bought 4,020 BTC for $421.1M between May 19โ25, averaging $106,237 per coin.
As of May 25, the company holds 580,250 BTC โ thatโs ~2.7% of all Bitcoin in existence. Total spending since 2020: $40.61B at an average price of $69,979 per BTC.
๐ฅ To fuel future buys, Strategy also launched a new preferred stock offering of up to $2.1B.
The Bitcoin accumulation continues. ๐ช
As of May 25, the company holds 580,250 BTC โ thatโs ~2.7% of all Bitcoin in existence. Total spending since 2020: $40.61B at an average price of $69,979 per BTC.
๐ฅ To fuel future buys, Strategy also launched a new preferred stock offering of up to $2.1B.
The Bitcoin accumulation continues. ๐ช
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๐ Analysts at Sentora (formerly IntoTheBlock) highlight a key difference in this Bitcoin cycle compared to previous ones.
Traditionally, long-term holders accumulate during bear markets and distribute during bull runs, forming smooth cup-shaped patterns. ๐โ๏ธ
This time, however, the distribution started earlier, progressed slower, with interruptions โ lacking the usual rhythm.
This irregular behavior signals growing uncertainty, even among seasoned Bitcoin veterans, about where exactly we are in the market cycle. ๐ง
Traditionally, long-term holders accumulate during bear markets and distribute during bull runs, forming smooth cup-shaped patterns. ๐โ๏ธ
This time, however, the distribution started earlier, progressed slower, with interruptions โ lacking the usual rhythm.
This irregular behavior signals growing uncertainty, even among seasoned Bitcoin veterans, about where exactly we are in the market cycle. ๐ง
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