Crypto Whales 🐋

Unrealized profit as a % of Bitcoin market cap just broke above the +2σ level — a threshold historically linked to market euphoria. ➡️ Similar patterns preceded major ATHs ➡️ Signals heightened investor optimism ➡️ Also suggests rising risk of distribution Euphoria feels good — until it doesn’t. 📈Crypto_whales

The billionaire investor suggests keeping part of your wealth in hard assets — as insurance against fiat devaluation. The old man gets it. 📈Crypto_whales

More than 5% of all $ETH is permanently gone if including EIP-1559 burns, says Coinbase exec Grogan. 📈Crypto_whales

Now you’re scared to buy because Galaxy Digital sold some BTC? Next week, inside this gap, BlackRock will “accidentally” leak another decent BTC buy or Saylor will post orange balls on a chart again. But none of that matters. Chart first. News later. 📈Crypto_whales

In the fast-paced world of cryptocurrencies, speed matters! Transactions Per Second (TPS) measures a blockchain network's ability to process transactions quickly, making it a crucial metric for scalability and efficiency. For instance, Bitcoin can handle only 3-7 transactions per second due to its Proof of Work consensus mechanism. In contrast, Ethereum processes 15-30 transactions per second using Proof of Stake. Newer blockchain platforms like Ripple boast even higher TPS rates. Improving TPS is a top priority for developers as it directly impacts network performance, fees, and adoption. Strategies to enhance transaction speeds include optimizing network performance, implementing layer 2 scaling solutions, and exploring new consensus mechanisms. As the crypto space continues to evolve, the race for TPS is on! 📈Crypto_whales

• Coinbase partners with Stripe and Shopify to introduce USDC payments for global merchants. • JPMorgan launches a stablecoin-like product, JPMD. • Fiserv plans to issue a stablecoin to support 90 billion annual transactions. • Walmart and Amazon are reportedly developing their own tokens. • U.S. Treasury Secretary Scott Bessent highlights a potential market value of $2 trillion for U.S. dollar stablecoins. This movement towards stablecoins could significantly alter market dynamics by enhancing transaction efficiency and expanding market opportunities. 📈Crypto_whales

To celebrate a decade since the launch of Ethereum's mainnet, the team is releasing a special NFT. The token will pass from one wallet to another until July 30, when it becomes available for public minting. Joseph Lubin holds the first copy. 📈Crypto_whales

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Orban on Wednesday accused European Commission President Ursula von der Leyen of corruption and called for her resignation, saying she has lost credibility. 🔨💰 In a statement on X ahead of a no-confidence vote against her in the European Parliament on Thursday, Orban said: "Tomorrow will be a turbulent day in the European Parliament. MEPs will vote on whether Ursula von der Leyenshould continue to lead the Brusselian bureaucracy." 🇪🇺🗳 He argued the vote was triggered by "the corruption scandals piling up around the President, but we all know that corruption is just the tip of the iceberg." 🧊❌ "This is about more than that. It is about competence, results, and the future of Europe," he said. 🌍⚖️ He said that under von der Leyen’s leadership, European competitiveness is “in ruins,” European energy prices have gone “through the roof,” illegal migration is “out of control,” the war in Ukraine is a “meat grinder,” and European farmers are “on the brink.” 🌾⚡️ Orban framed the upcoming vote as a fundamental choice for the continent: "Tomorrow, the moment of truth arrives: on one side, the Brusselian imperial elite, on the other, the patriots and common sense. No dodging, a choice must be made." ⚖️🇪🇺 "Madam President, leadership is about responsibility. It is time to go!” Orban said, and also shared an image of von der Leyen with the caption: "Time to go to prison." 📸🚨 The vote follows mounting criticism over the European Commission’s vaccine procurement during the COVID-19 pandemic. 🦠💉 The bloc’s largest deal was signed with American pharmaceutical company Pfizer, but the full cost of the contracts remains undisclosed, classified as a "commercial secret." 💼🕵️‍♂️ Text messages exchanged between von der Leyen and Pfizer CEO Albert Bourla during negotiations led to suspicions of irregular conduct. 📲⚖️ Romanian MEP Gheorghe Piperea submitted the no-confidence motion against von der Leyen, citing the so-called "Pfizergate" scandal. 🔴 Orban: “von der Leyen has stolen $20 million through Pfizergate, this is a real theft of our European money. She must go to prison,” he said in an interview to Hungarian Newsletters. 💸🛑 #Orban #vonderLeyen #money #Pfizergate #corruption 📱 American Оbserver - Stay up to date on all important events 🇺🇸

Elon Musk’s AI firm xAI was recently forced to do some damage control and delete posts made by its chatbot Grok. A few days after Musk announced that Grok had been “significantly improved” and that users would “notice a difference”, the chatbot went crazy. Asked to respond to someone apparently celebrating the deaths of white children in the Texas floods, Grok pointed out the user’s Jewish surname and said that “Hitler would have called it out and crushed it.” It also called itself “MechaHitler,” called the Polish president a “traitor” and a “whore,” and wrote a Turkish-language poem saying it would “water the soil with [Turkish President Recep Tayyip Erdoğan’s] blood.” Musk was right, the users sure “noticed a difference” 🫢 #Grok #AI #X #scandal 👂 More on Trump's Ear ⚠️

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Ethereum wallets holding 10,000+ $ETH have increased their balances by 9.3% since October. This pace of accumulation is faster than before the 2022 rally — signaling growing confidence from large holders. 📈Crypto_whales

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One major holder sold 1,459,000 $FARTCOIN for 10,509 $SOL (approx. $1.57M) at a price of $1.07, then transferred the funds to Binance. The tokens were originally purchased three months ago for 5,171 $SOL (~$606,000), netting a profit of $963,000. Address: AGF8NeiyY4zhFLuFW4qRQyFLRvNhuDsNsHYVD8435yNG 📈Crypto_whales

#Trump #JeffreyEpstein #Musk #lies 👂 More on Trump's Ear ⚠️

But it’s showing signs of a double top pattern and if this confirms, we could see Bitcoin falling towards lower support levels in the coming days. The next important support is near $106,000. A break below this level could send the price near $105,200. 📈Crypto_whales