Petrodollar Believer

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Petrodollar Believer

Petrodollar Believer

@DegenDailyWire

trillions.

Katılım Ekim 2023
1.6K Takip Edilen1.2K Takipçiler
Petrodollar Believer
Petrodollar Believer@DegenDailyWire·
Where does stablecoin supply actually live? Of the more than $320B in total stablecoin supply, roughly half sits on Ethereum mainnet — north of $150B. BNB Chain holds roughly $14B, placing it among the top four networks alongside Ethereum, Tron, and Solana. USDT and USDC together represent over 85% of stablecoin supply on Ethereum. The remaining 15% is where diversity exists: DAI/USDS for CDP exposure, USDe for synthetic yield, PYUSD and FDUSD for distribution niches. But the headline figure is misleading. Most production stablecoin workflows in 2026 aren't Ethereum-only. Settlement happens on L2s or alternative L1s where gas is cheaper and throughput is higher. Supply is concentrated. Settlement is distributed. Just wait for the next generation of stablecoin-centric chains.
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Petrodollar Believer
Petrodollar Believer@DegenDailyWire·
Stablecoins accounted for 75% of crypto trading volume in Q1 2026 — the highest share on record. Total transaction volume topped $28 trillion, exceeding Visa and Mastercard combined. Sit with that for a moment. The asset class everyone argues about settles in an asset class nobody talks about. The volatility gets the coverage. The settlement layer gets none. Most of crypto's financial activity is, at its core, stablecoin activity.
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Petrodollar Believer
Petrodollar Believer@DegenDailyWire·
The GENIUS Act, summarised for people who haven't read it. Issuers must maintain reserves backing the stablecoin on a one-to-one basis. The eligible assets are limited — primarily cash, Treasury bills, and near-equivalent instruments. Reserves must be segregated from operational funds. Issuers are explicitly forbidden from rehypothecating — using customer reserve assets for their own purposes. Customers have a clear, enforceable right to redeem for fiat on demand. Payment stablecoins are not securities and do not have deposit insurance or automatic access to Federal Reserve payment services. Annual audits are required for issuers exceeding $50B in supply. That currently means Tether. The GENIUS Act doesn't regulate crypto. It regulates money. And that is precisely why CLARITY matters so much.
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Petrodollar Believer
Petrodollar Believer@DegenDailyWire·
@KillaXBT i've seen this play out before, lowering targets just erodes conviction, makes it harder to hold on when the bounce comes
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Killa
Killa@KillaXBT·
The maniplation phase $BTC The stage of the cycle where traders continuously lower their price target. There's nothing wrong with being early on an asset that has already dropped 52% and completed 80% of its bear market.
Killa tweet media
Killa@KillaXBT

I will see you in the next few months $BTC.

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Brian Krassenstein
Brian Krassenstein@krassenstein·
MAJOR BREAKING: The NASDAQ just saw the LARGEST point drop in a single day in HISTORY! It FELL 1121 Points The previous all-time record was 1050.
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Petrodollar Believer
Petrodollar Believer@DegenDailyWire·
@Cointelegraph ki young ju's point on btc supply is worth considering if those 1.24m btc hit the market without big buyers like saylor and etfs it would've been a major test for the market
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Cointelegraph
Cointelegraph@Cointelegraph·
⚡️ UPDATE: CryptoQuant CEO Ki Young Ju says Bitcoin could be closer to $22,000 today if Michael Saylor and ETFs hadn’t absorbed the 1.24 million BTC sold by OG whales over the past two years.
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Petrodollar Believer
Petrodollar Believer@DegenDailyWire·
@Polymarket 37% chance nasdaq recovers within a month what's the liquidity look like on the chip stocks that got dumped
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Polymarket
Polymarket@Polymarket·
JUST IN: Nasdaq plunges -4.18%, posting its worst day since April 2025 as traders dumped chip stocks.
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Petrodollar Believer
Petrodollar Believer@DegenDailyWire·
@BitcoinMagazine vanek's statement is huge. been seeing more institutional buyers taking the long view on btc not just in for the pump. siegel's comment feels like a tipping point
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Bitcoin Magazine
Bitcoin Magazine@BitcoinMagazine·
JUST IN: $199 billion VanEck's Matthew Siegel on Bitcoin: "We think this will become a mainstream asset that will compete with other reserve settlement currencies" 🚀
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Petrodollar Believer
Petrodollar Believer@DegenDailyWire·
@KobeissiLetter it doesn't add up that a strong jobs report would tank the market like this, especially with inflation at 3.8% now
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The Kobeissi Letter
The Kobeissi Letter@KobeissiLetter·
What just happened? The S&P 500 just erased nearly -$2 TRILLION of market cap just hours after 3rd strongest US jobs report in 18 months. Meanwhile, Bitcoin is officially down over -50% from its record high in October 2025. What's happening? Let us explain. (a thread)
The Kobeissi Letter tweet media
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Petrodollar Believer
Petrodollar Believer@DegenDailyWire·
@AshCrypto that's a whole lotta capital gone in a day crypto's just along for the ride on days like this, waiting for the next big macro move
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Ash Crypto
Ash Crypto@AshCrypto·
🩸MASSIVE CRASH: $2.03 TRILLION wiped out from US stocks. $130,000,000,000 BILLION wiped out from crypto today.
Ash Crypto tweet mediaAsh Crypto tweet media
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Michael Saylor
Michael Saylor@saylor·
Four ideologies shape the Bitcoin community. Maximalists bring conviction. Capitalists bring integration. Technologists bring innovation. Fundamentalists bring preservation. Bitcoin reaches its full potential when these four forces work in harmony.
Michael Saylor@saylor

x.com/i/article/2062…

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Petrodollar Believer
Petrodollar Believer@DegenDailyWire·
@MarioNawfal i've seen this movie before. good news gets spun as bad because it kills the hope for a rate cut nasdaq's drop is pretty predictable given the run it's been on yields spiking is the story here.
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Mario Nawfal
Mario Nawfal@MarioNawfal·
🚨 Nasdaq 100 is down 4.5%, straight line, biggest daily loss of 2026. The driver: May jobs came in at 172,000, more than double expectations, which killed Fed rate cut hopes and sent yields spiking. Semiconductors and AI names are leading the drop. Classic good-news-is-bad-news reaction after a long, overbought rally running out of buyers. @KobeissiLetter
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Bitcoin Magazine
Bitcoin Magazine@BitcoinMagazine·
JUST IN: Bitcoin falls to $59,101 👀
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Petrodollar Believer
Petrodollar Believer@DegenDailyWire·
@WatcherGuru JUST IN $920M monthly deal likely to fuel further liquidity in crypto markets as tech giants compete for AI supremacy
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Watcher.Guru
Watcher.Guru@WatcherGuru·
JUST IN: Elon Musk's SpaceX signs $920,000,000 per month deal with Google to provide AI computing power.
Watcher.Guru tweet mediaWatcher.Guru tweet media
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Petrodollar Believer
Petrodollar Believer@DegenDailyWire·
@0xChiefy it's pretty nuts how people still think it's just a temp correction. happened before and they got burned
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Chiefy
Chiefy@0xChiefy·
I warned you about this Bitcoin dump. Most people laughed it off. They said $BTC was heading for a new ATH. They said every dip was a buying opportunity. The chart said something very different. Now it's playing out EXACTLY as I predicted. Most people still think this is a temporary correction. That's exactly what they thought in previous cycles. They were wrong then. And they're about to find out why they're wrong again. I publicly called Bitcoin's 2022 bottom and the 2025 top before most people believed either was possible. The next public call will be posted here first. Follow and turn notifications on before it's too late.
Chiefy@0xChiefy

Bitcoin rejected from 5-year macro resistance for a reason. History is repeating again almost perfectly. $BTC is now following the exact structure I warned about months ago: Bull Trap to $83K → Rejection → Dump to $74K Next key levels to watch: → $68,000 → $61,000 → $48,000 Most traders are still trapped in bull market optimism. But smart money is already preparing for the next leg down. I called the exact Bitcoin bottom in 2022 and the exact top in 2025 before anyone believed it. If you ignored those calls, don’t ignore this one. Follow and turn notifications on before the next panic starts.

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Whale Insider
Whale Insider@WhaleInsider·
JUST IN: $1,500,000,000 in long positions liquidated from the crypto in the past 24 hours.
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Petrodollar Believer
Petrodollar Believer@DegenDailyWire·
@MaxCrypto that wipeout number is crazy. had a buddy who got stopped out on a huge long position today he's trying to revenge trade now and it's gonna end badly
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Petrodollar Believer
Petrodollar Believer@DegenDailyWire·
@KobeissiLetter bond yields not moving much is weird given the nasdaq drop feels like someone's waiting for the other shoe to drop
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The Kobeissi Letter
The Kobeissi Letter@KobeissiLetter·
You don’t see this very often. The Nasdaq 100 is quite literally moving in a straight-line lower. Now down -4.5%, on track for its biggest daily loss of 2026.
The Kobeissi Letter tweet media
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