Smaug1226

🚨TETHER LAUNCHES GOLD-BACKED VISA CARD
Tether and Fasset launched a Visa card that lets users spend globally while earning up to 6% cashback in XAU₮.
The card converts XAU₮ to USD₮ to fiat at checkout and auto-invests spare change into tokenized gold.

Michael Burry says Nvidia has 3 big customers and if they stop buying the whole thing is over.
Those 3 customers now account for 64% of Nvidia's entire accounts receivable.
In 2020 that number was 33%. It jumped 8 percentage points in a single quarter.
Nvidia's revenue is not spread across a broad market. It is almost entirely dependent on a handful of buyers.
Burry's argument is about why those buyers may slow down or stop entirely.
He calls it the "bezzle." The bezzle is not that AI is fake. It is that a massive portion of current AI spending is coming from companies that are benchmarking mo

🚨 TETHER-BACKED FIRM TO MINE BITCOIN USING SUGARCANE WASTE
Adecoagro is set to launch a Bitcoin mining facility in Brazil powered by electricity generated from leftover sugarcane material.
The project is expected to begin on July 1 with 10 MW of power running around 1,280 Bitcoin mining machines.

🔥 HUGE: "We've issued on Ethereum, private chains, and public chains. We don't care. We're looking for the rails that connect enough participants."
Julien Clausse of BNPParibasCIB, one of Europe's largest banks, on choosing blockchain infrastructure for tokenized assets.

🚨The Bank of Japan just issued its most direct rate hike warning of 2026.
In a speech delivered this morning, Governor Ueda said the BOJ is now more concerned about inflation running too hot than it is about the economy slowing down.
That is a significant statement from a central bank that spent decades fighting deflation.
Here is exactly what he said.
Japan's CPI is projected to hit 2.8% this fiscal year and rise above 3% for a period. The Producer Price Index hit 4.9% year on year in April, the highest reading in nearly 3 years.
Upstream price increases are already spreading into plastic pr

🚨ARTHUR HAYES CALLS FOR $150 HYPE, THEN MOVES $6.3M TO BYBIT
A wallet linked to Arthur Hayes deposited 115,453 $HYPE into Bybit, worth about $6.33 MILLION, per LookOnChain.
The same tokens were withdrawn a month ago at $39.58, leaving the wallet up around $1.76 MILLION

Japan officially recognizes $XRP as a financial asset under the FIEA framework 🇯🇵
New crypto tax regulations are now taking shape, signaling a major step toward mainstream digital asset adoption.
Many believe this could strengthen XRP’s role in the future of global finance 👀
#XRP #Crypto #Ripple #Japan #DigitalAssets

🚨LATEST: FTX’s former law firm and auditor have agreed to pay $66 MILLION to settle customer claims tied to Sam Bankman-Fried’s fraud.
Fenwick & West denied wrongdoing and still faces a separate $525 MILLION lawsuit.

Strategy will be worth trillions and $MSTR shareholders will be the new wealthy elite.
Bitcoin's 4-year moving average has never gone YoY-negative in 3,964 measurable days.
Across all of those days, Bitcoin's price has traded above its 4YMA 93.3% of the time.
Median multiple: 1.87x.
Today, BTC trades at 1.26x its 4YMA. We are at the 33rd percentile of all historical valuations relative to the smoothed line.
By every reasonable definition, Bitcoin is cheap right now.
Now project the 4YMA forward five years. Assume the YoY CAGR decelerates aggressively - strip 5 percentage points off every year

The entire global financial system is a giant inverted pyramid.
$846T in derivatives.
$393T in real estate.
$348T in debt.
$149T in stocks.
And at the bottom sits the hardest collateral on Earth:
Gold: $30.8T
Bitcoin: just $1.7T
Bitcoin is still tiny relative to the asset classes above it.

#Gate13thAnniversary Happy 13th anniversary Gate.io family, wishing you a prosperous year 🎂🎉🎉🎊🎊

WHALES JUST BOUGHT $125M ETH
Two Fresh ETH Whale addresses just withdrew $125.91M ETH from Kraken and Bitgo this morning. Their purchase patterns match prior purchase patterns of Bitmine.
Is Tom Lee stacking $ETH?

Asset manager T. Rowe Price filed its TKNZ active crypto ETF April 27
Proposed weights: 42.83% $BTC, 19.09% $ETH, 10.56% $XRP, 7.93% $SOL
11 more eligible names: $LINK, $HBAR, $ADA, $SUI, others
They picked the crypto hierarchy, not an index.

$1,000 INVESTED IN #BITCOIN ON PIZZA DAY 2010
WOULD BE WORTH ~$19.36 BILLION TODAY!
$BTC: $0.004 → ~$77,429
A 19.3 MILLION X MOVE.
FROM $1,000 TO ~$19,357,250,000.
THE MOST EXPENSIVE PIZZA LESSON IN HISTORY. 🍕

The tokenized asset market crossed $30 billion last month and has stayed there. Roughly the size of an elite university endowment.
As recently as mid-2024, it was below $3 billion. 10x in under two years.
What changed: the GENIUS Act, mature institutional onchain infrastructure, and a wave of financial institutions moving from pilots to production — all at roughly the same time.

Samsung agreed to pay up to $26.6 BILLION in bonuses to 78,000 semiconductor workers after last-minute union talks avoided a strike.
The new 10-year profit-sharing deal could pay employees an average of $340,000-$400,000 EACH through cash and stock options.
For Example, A memory chip worker with a base ​salary of 80 million won is expected to receive a total bonus of around 626 million won or $416,000 this year.
The deal mirrors SK Hynix’s AI-driven compensation boom, where employees could receive bonuses exceeding 700 million won each if the company reaches 250 trillion won in annual profit t

🚨 TRUMP MEDIA IS NOW DOWN NEARLY HALF A BILLION ON BITCOIN
Trump Media just transferred another 2,650 Bitcoin worth roughly $205M to Crypto[.]com, bringing total recent BTC outflows to more than 4,600 BTC.
The company originally acquired 11,542 BTC for approximately $1.37B at an average price near $118,522 and is now reportedly down roughly $455M on its Bitcoin holdings.

LATEST: ⚡️ Sui has launched gasless stablecoin transfers for 7 tokens, including USDC, eliminating transaction fees as it targets global payments.

INSTITUTIONS JUST BOUGHT $HYPE
Bitwise and 21Shares ETFs have purchased a total of $16.1M HYPE in the past 24 hours. BHYP has so far staked $15.45M HYPE.
Bitwise and 21Shares are buying and staking HYPE.

⚠️ ALERT: BITCOIN JUST FLASHED A MAJOR 2022 BEAR MARKET WARNING SIGNAL
Bitcoin was rejected at its 200-day moving average near $82K, a setup that CryptoQuant says closely mirrors the March 2022 bear market rally that preceded another major leg lower.
The firm warns that weakening demand, ETF selling, contracting spot activity, and “extremely bearish” sentiment now resemble the same conditions seen before Bitcoin resumed its downtrend in 2022.