ᴄʀᴀᴄᴋɪɴɢ ᴄʀʏᴘᴛᴏᴄᴜʀʀᴇɴᴄʏ
9K posts
@Cracking_Crypto
Cryptocurrency Trader/Mentor with a passion for helping others succeed in the crypto markets. Follow for expert analysis, strategy, and insights.
While other chains chase memes, @SonicLabs is building the fastest, highest-performing EVM chain. ⚡ 10,000+ TPS | Sub-second finality 💰 FeeM: Devs earn 90% of network fees 🔥 400M+ TVL, 1B+ volume | DeFi & DeFAI exploding All $S is in circulation. No unlocks. Just demand.
"Informal industry summits" is a much better approach.
🚨🇺🇸 Huge - Iowa House Sub-Committee hearing on a bill this week to BAN Chemtrails aka Geo-Engineering ‼️ “This was inspired in part by Tennessee & their recent law” “In 2009 I discovered a Global Geo-Engineering framework” Iowa becomes the latest State in a long line that is seeking to ban the poisoning of our skies. Imagine living in 2025 & still thinking this is just a conspiracy, even when you can see it yourself.
Should be obvious at this point. And sources confirming late last night: • “Ripple pressed too hard, no chance $XRP makes it into any fed level reserve.” • “focus remains on Bitcoin and best path to an SBR.” • “SBR isn’t simple, will take time; have to avoid law of unintended consequences.” • “Trump is smart, trusts Bitcoin first thesis.”
Gold is ripping, Bitcoin chopping. Summer 2024 vibes. You know the deal, Bitcoin will bore you to death. As long as Gold keeps trending, Bitcoin almost always sees a comparable (bigger) breakout within 3-6 months. Hoping it's on the short end of that horizon this time around. Tariffs = uncertainty + possible inflation. Central banks + Asia are bidding Gold hard as an inflation hedge. Rotation into the hardest asset on earth inevitable.
Crypto traders doing taxes in 2025
In a paper that analyses US spending habits, they found that for every 1$ spent on gambling, 0.99$ less was spent on long term investments, with outsized effects among poor households imo this is happening with memecoins, it's not that entertainment money is being redirected to gambling, but rather the money that would go towards long term investments such as a university fund for kids, retirement fuds, buying a house... is being redirected to gambling and lost Since most of that money ends up lost, this reduction in net investments ends up becoming a serious net negative for society Furthermore, households with recent bank overdrafts spend 2x as much on gambling relative to their income, that is, families that are in the hole gamble twice as much, pulling them further into the hole This worries me because I believe crypto is path dependent, and if a large part of society ends up seeing crypto as net bad because of memecoin's effects or if negative policy against all of crypto is created because of that, we could end up in a situation where the negative effects of memecoins spill over and prevent other ideas such as self-sovereign money or trust minimization from flourishing Source: papers.ssrn.com/sol3/papers.cf…
Attack: 100% Damage: 0%
