Earned, Not Gifted

When Gensler left the SEC in January 2025, Bitcoin was at 109k. Today Bitcoin is at 75k. One major reason the crypto markets have suffered is because market participants started to lose faith in the industry itself. After Gensler left, it essentially just opened the floodgates to the grifting age of crypto, where influencers and politicians were launching memecoins and rug-pulling their followers each and every day, without fear of any repercussions. This led to a massive misallocation of capital into useless assets that drained liquidity from the industry. While people celebrated Gensler leaving, it actually marked a turning point in the industry, with Bitcoin only marginally going higher before entering a bear market. Now that people celebrate Powell's removal as chair of the Federal Reserve, it makes me think history will repeat itself once again. People celebrate it in the short-term, but as we look back on this era in a few years, I imagine it will mark a major turning point in credibility at the Fed. If the Fed just becomes another cabinet of the executive branch, it may lead to a lack of trust in the institution itself. Perhaps many will look back in a few years and realize that markets were better off with Powell than without him.

he’s lost his mind. Litecoin only. Now.

50,000 people flew to Vegas to opt out of the financial system. They stayed at a casino. Close enough.

MICHAEL SAYLOR TAKES THE STAGE IN THE ENTERPRISE HALL 🚀 LEGEND!

Litecoin got 51% attacked. 13 block re-org. Ouch bro

Litecoin update: • A zero-day bug caused a DoS attack that disrupted major mining pools. • Non-updated mining nodes allowed an invalid MWEB transaction allowing them to peg out coins to third party DEX’s • A 13-block reorg reversed those invalid transactions — they will not be included in the main chain • All valid transactions during that period remain unaffected • The bug is now fully patched, and the network continues to operate normally