24CryptoGlobal

@45op345 @saylordocs wasn't trying to make it a wealth thing. the 0M example was just about liquidity math at scale. BTC vs gold for personal savings is a completely different conversation and you're not wrong that physical has real advantages at that level

@24CryptoGlobal @saylordocs I don’t give a single flying fuck what anyone with 50m does Fuck the rich

Bitcoin is at $72,000 If you want to buy on Coinbase, they charge $73,450. If you want to sell, it’s $70,700. WTF??

sure. MSTR's preferred stock at 10-11% is in their SEC filings, not speculation. if BTC trades flat or negative for 18+ months, that's a -2B annual obligation on a software business with thin margins. the conviction on BTC might be right and the capital structure can still be fragile. both things are true

@24CryptoGlobal @rektmando Wrong. Try again.

Saylor has lost it with this logic. He has now issued $10b+ of preferred stock at 10-11.5% and has capacity to issue $25b more. That means a dividend bill of $1-4b EVERY YEAR on a software business that makes no cash. He has pre-funded some of this bill for the next year by issuing common stock - but with the amount of preferred shares printed each week this is going to run out. The only option for this capital structure long term is either issuing $1-4b of common stock every year, turning off the dividend or selling BTC. This is now a timebomb.

@Greenback1177 @gothburz that's worth clarifying. but retail was accessing it through secondary markets regardless, and the SEC's own review didn't treat the accredited requirement as a clean defense. the promotion angle is the core issue, not just who technically signed the docs

@24CryptoGlobal @gothburz He did not promote it to just about anyone. You missed the part where OP had to lie that he was high net worth to purchase.

I bought World Liberty Financial tokens because the President of the United States told me to. That is not a confession. That is supposed to be a reasonable thing to do. You are supposed to be able to trust the President. That is the entire premise of the office. I held up my end. I went to the rally. I stood in line for 4 hours in the sun with my son on my shoulders. When he said the system was rigged against people like us, I believed him. I had been saying it for years. Someone was finally saying it back. I put the sign in the yard. I put the bumper sticker on the truck. When he said he would fight for us, I thought he meant it the way I meant it when I said it to my kids. I thought "us" meant me. I leave the house at 5:30 in the morning. Some nights, I do not get home until my son is already asleep. I do that so the bills get paid. I do that so my wife does not have to choose between the electric bill and groceries, as her mother did. My back does not straighten all the way anymore. I sit down at dinner, and my hands shake for the first 10 minutes from whatever I was carrying, pulling, or lifting that day. I am 37 years old, and my body is 45. Gas is $4.60 a gallon. It was $3.80 when I bought the tokens. They say it is the war. I do not know about the war. I know what the pump says when I fill up the truck that still needs a transmission to get to the job that does not pay enough to fix the transmission. My wife started buying store-brand everything last fall. She does not say why. I do not ask. I am not asking for a lot. I have never asked for a lot. I am asking for the math to work. I sent $3,200. That was my emergency fund. 3 months of keeping the lights on if something went wrong. I moved it because the President posted a video to 90 million people and said "Crypto is the future. Let's embrace this incredible technology." He said that. On camera. To everyone. His name was on it, and his sons promoted it, and I believed that when the President of the United States puts his name on something and tells regular people this is how they get ahead, that means something. I thought this was what it looked like when the math finally worked for us. Wall Street locks people like me out. The banks look at my credit score and zip code and decide what I deserve. The President said crypto was different. His crypto. His family's name is on it. For people like me. That is what I heard. That is what I believed. That is why I sent the money. My son's birthday was the following week. He was turning 9. I told him we'd go to the water park. I almost used part of the money for that. I didn't. I sent all of it. I told myself I would make it back in time. The truck needs a new transmission, and the estimate was $2,800 and. I thought if this even goes up a little bit, I could fix the truck and have something left for the kids. Nothing wild. Just a small thing getting a little bigger. That was the entire plan. The sale required me to be an accredited investor. That means a net worth of over $1 million or an annual income of over $200,000. I do not have either of those things. The form asked if I qualified. I checked the box. The system I was told would be torn down, and I had to climb over the wall to give him my money. I lied on the checkbox because his own marketing made me believe it was not meant for me. There was supposed to be a guardrail. The guardrail was a checkbox. And I was not the only one who lied on it. Something in my chest said wait. I almost closed the browser. I sat at my kitchen table with my phone in my hand, and I almost did not do it. Then I thought: it's the President. If you can't trust the President, who can you trust? I clicked. The wallet loaded. I showed my wife the screen. I said it's the President. She nodded. I thought we were going to be okay. My $3,200 bought 213,333 tokens at $0.015 each. They are non-transferable. There is no market. I cannot sell them. I cannot send them to anyone. I cannot do anything with them except vote on proposals that the 10 largest wallets have already decided. The money I sent was not locked. The money left immediately. Only the tokens stayed. 80% of all tokens sold to investors are still locked. 18 months later. 3 guys at my work bought in. My brother-in-law bought in. The man at church who told me about it cannot look me in the eye anymore. None of us can sell. We do not talk about it. We just nod at each other like people standing in the same line at the same funeral. The governance vote on staking passed with 99.12% approval. 76% of the voting power came from 10 wallets. I was not one of the 10. I voted yes. I thought voting meant I had a say. It meant I had a gesture. The 10 wallets decided. I ratified. My locked tokens can vote but cannot earn staking rewards. Cannot be transferred. Cannot be sold. I can participate in the process that keeps me locked. They called that community governance. I was the community. They were the governance. The project's advisor borrowed $75 million against the project's tokens on Dolomite. A protocol he co-founded. He borrowed from himself using the thing I bought as collateral. I read that on my phone during lunch sitting in my truck in the parking lot and I put the phone on the dash and I just sat there. The bumper sticker was still on the tailgate. The project spent $65 million buying back tokens at an average of $0.15 each. 10x what I paid. If I could sell mine at that price, my $3,200 becomes $32,000. But I cannot sell. The $65 million came from token sales. I am a token sale. They spent my money buying tokens at 10x what they charged me and I cannot access any of it. They called it treasury management. He said it was for people like me. I am people like me. It was not for me. The GENIUS Act created the first federal stablecoin framework. Their stablecoin complies. The President's family collects $0.75 of every dollar the stablecoin generates. The regulation was advanced by the President's party. The product was built by the President's family. The framework governs the product. The family profits from the framework. I voted for every part of that chain and I did not know it was a chain until I was already in it. But I was told. I know. The sale materials said non-transferable. Said governance vote required for unlock. Said no timeline. I read every word. I was told honestly. And that is the problem. The honesty was not to protect me. It was to protect them. I cannot sue. I was warned. I was not stupid. I was not reckless. I was not gambling money I couldn't afford to lose on a meme. I trusted the office. I read the materials. I voted in the governance. I did what they asked. All of it. Every step. I did every single thing they said to do and this is where it got me. They raised more than $500 million from people like me. 2 families got rich. The rest of us got tokens we cannot move and a governance vote we cannot win. They said America First. I believed them. I am America. They went first. My son turned 9 without the water park I promised him. My truck still needs a transmission. Gas is $4.60 and climbing. My tokens still cannot move. The advisor still borrows against them. The President's family still collects $0.75 on the dollar. I pick up Saturday shifts now to cover the hole the $3,200 left. That was the morning I used to take my son to the park. My son still asks when we're going. He asks the way I check the website. He thinks if he keeps asking the answer will change. He looks at me the way I looked at the man on that stage — like I know what I am doing. Like I have a plan. I do not have a plan. I have 213,333 tokens I cannot move and a boy who thinks his father has it figured out. I almost told my wife last Tuesday. We were on the couch after he went to bed and I opened my mouth and I almost said I think I made a mistake. But I did not say it. Because if I say it out loud then it is real. And if it is real then the rally was a mistake, the hat I wore proudly was a mistake, the sign was a mistake and the 4 hours in the sun with my son on my shoulders was a mistake and I am not ready to be the man whose whole belief was a sales pitch. So I said nothing. She said nothing. We watched television and I did not hear a word of it. It sits between us at dinner like a chair nobody will move. The sign is in the garage now. I moved it there after the tokens locked. I have not thrown it away. I think if I throw it away I am admitting something I cannot say out loud yet. There is no version of this where I get made whole. The tokens will not unlock in time to matter. The money is not coming back. The birthday cannot be re-done. The man I voted for is not coming to help. I know that now. I think I have known it for a while. I wish I could wake up and it not be true. But it is. And every morning at 5 AM my back wakes me up before the alarm does and I pick up my phone and turn the brightness down so I do not wake her and I open the website and I look for the word "unlock" and it is never there and I close it and I do not know why I keep checking except that it is the only thing I can do with what I bought.

@Rahulahirensk @Davincij15 glad it helped. markets are noisy enough without adding confirmation bias on top

@24CryptoGlobal @Davincij15 Your comment made me feel very comfortable.☺️

#Bitcoin bull trap is in play. New lows are coming again.

Full story: 24cryptoglobal.com/artikler/krake…

Kraken hit with extortion after two insider threats. Their answer: 'We are not paying.' The attack didn't target the protocol — it targeted people with internal access. That's the scarier category. And the right call to go public with it.

@NoLimitGains distribution phase checks every box so far

Volume is declining as price rises. Nothing else needs to be said.

@Cointelegraph honestly not shocked. cost basis tracking across chains, wallets, and DeFi positions is a nightmare for most people. the real question is whether the IRS can actually enforce this at scale.

🚨 LATEST: A new study finds only 6.5% of crypto owners reported sales to the IRS, suggesting widespread tax underreporting among crypto investors, per Bloomberg.

@TedPillows funding rates confirm it. when derivatives lead and spot doesn't follow, that gap usually closes to the downside. not a great sign for sustainability.

There's a clear divergence between the $BTC price and spot demand right now. Price is making higher highs, while spot demand is getting weaker. This is a sign that the rally has been perp-dominant, which is mostly unsustainable.

@DefiWimar the carry trade is what actually matters here. yen strengthens, institutions sell risk assets to repay yen loans. btc just happens to be in that basket. the hike isn't the cause, it's what triggers the unwind.

🚨 BREAKING JAPAN'S RATE HIKE TO 1.00% IN JUNE IS NOW CONFIRMED, THE FIRST TIME IN 31 YEARS! PREDICTION MARKETS ARE PRICING IN A 90% CHANCE. HISTORICALLY, EVERY RATE HIKE IN JAPAN HAS BEEN FOLLOWED BY A 20%+ DUMP IN $BTC. THIS WOULD BE REALLY BAD FOR MARKETS...

@BullTheoryio removes one of the dumbest retail barriers in traditional finance. crypto never had this rule which is partly why younger traders defaulted to it. curious if it pulls any volume back to equities now.

BREAKING: The SEC just officially eliminated the $25,000 minimum rule for day trading. This is the biggest change to retail trading in 24 years. Since 2001, if you wanted to make more than 3 day trades in a 5 day period, you needed at least $25,000 sitting in your account at all times. If you dropped below that, your broker would lock you out of day trading completely. This rule blocked millions of retail traders from actively participating in markets simply because they did not have enough capital. That rule is now gone. The SEC today approved FINRA's proposed change which replaces the fixed $25,000 requirement with a real time margin system. Instead of a fixed dollar threshold, brokers will now monitor your actual risk exposure throughout the day and adjust your buying power based on the real risk of your positions, not an arbitrary account balance. Now you no longer need $25,000 to day trade. You just need enough margin to cover the actual risk of your open positions.

@PeterSchiff every time Schiff posts about dollar weakness he accidentally makes the bitcoin case. been happening for 10 years and he still doesn't see it

After trading above 100 last week, the U.S. Dollar Index is now below 98, hitting its lowest level since March 1, when the war began. That means the dollar has already lost all of its safe-haven gains. As the dollar falls, U.S. consumer prices and interest rates will rise.

@KobeissiLetter crypto barely moved during this whole squeeze. BTC usually joins on a move this size. either it's lagging or it already priced in the recovery weeks ago

We are witnessing a historic short squeeze right now. The S&P 500 has now added nearly +$6 TRILLION in market cap since March 30th. In just 5 trading days, hedge fund short exposure to US ETFs has gone from the highest since May 2025 to lower than 97% of cases over the last 5 years. Meanwhile, the capital that was sidelined amid the Iran War is quickly rotating back into AI stocks. The reality is that AI names have only gotten bigger amid the volatility of the Iran War. Stocks like Nvidia and Apple were nearly half as cheap as Costco and Walmart on a Forward P/E basis after the recent correction. All while 4% inflation is back and investors are searching for any source of yield as a hedge. Record highs are on the horizon.

@gainzy222 the ledger one in the apple store is honestly the scariest. that's not a DeFi exploit, that's attacking people who thought they were doing things right

kraken breached, polkadot bridge exploited, drift hacked, ledger app drainer available in apple apps yeah physical gold is harder to move and transact in, but at least it can’t be hacked anyway, move funds across more hot and cold wallets for safety imo

@kriptoholder funding rates stayed elevated while spot dried up - that's textbook. the question's always when they pull the rug, not if

They’re not buying, they’re positioning — spot is bleeding while price is held up by leverage; this is engineered liquidity: first a short squeeze, then a dump into late longs — if you don’t see it, you are the liquidity. #BTC #Crypto #OrderFlow

@coinglass_com 75K-76K has been overhead resistance since Q4 last year. until BTC clears that zone with conviction, range traders are just feeding the liquidity on both sides

#BTC whale orderbook update BTC holding above 74k after the push up. Now the key is simple: above sits heavy sell liquidity around 75k–76k below sits decent bid support around 71.5k So the setup is pretty clear: Hold 74k , keep pushing into 75k/76k. Fail here , rotate lower into bids.

@AshCrypto volume on the breakout is the thing to watch. last two times BTC broke its downtrend on thin volume it was a head fake. if this holds into the week on real volume, different story

HOPIUM: For the first time since the October 6 top, Bitcoin has broken its downtrend. What if $60K was the bottom?

@WatcherGuru covered call income ETF. Goldman's monetizing BTC volatility, not betting on upside. tells you more about their price outlook than any analyst note

JUST IN: $3.5 trillion Goldman Sachs files for Bitcoin Premium Income ETF.

@KobeissiLetter 4% PPI and markets are still pricing in rate cuts. historically, when these diverge, it's not the bond market that blinks first

BREAKING: US March PPI inflation rises to 4.0%, its highest since February 2023. Core PPI inflation was unchanged, at 3.8%, also the highest since February 2023. We are now officially seeing inflation metrics in the US that are at 4% or higher. Inflation is back.