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The conflict between real gold and digital gold
Eric Trump stated that funds will move from gold to Bitcoin
Eric Trump, co-founder and strategic director of American Bitcoin, confirmed that Bitcoin and cryptocurrencies have become the future of money and investment globally.
Trump said during his participation in the Yahoo Finance investment event: "Bitcoin is the greatest means to protect wealth from inflation, corruption, and bad monetary systems around the world, which is why we are witnessing this massive global flow towards it.. perhaps it has become the greatest asset of our era."
Eric Trump, co-founder and strategic director of American Bitcoin, confirmed that Bitcoin and cryptocurrencies have become the future of money and investment globally.
Trump said during his participation in the Yahoo Finance investment event: "Bitcoin is the greatest means to protect wealth from inflation, corruption, and bad monetary systems around the world, which is why we are witnessing this massive global flow towards it.. perhaps it has become the greatest asset of our era."
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Bitcoin continues to fall below 95 thousand dollars
The price of Bitcoin has dropped to below 95 thousand dollars for the first time in about 6 months, amid a severe downturn affecting the cryptocurrency market.
Bitcoin recorded a price of 94330 dollars after a decline of over 4% in the last 24 hours, while Ethereum fell by 1.3% to register 3127 dollars, and XRP dropped to 2.26 dollars.
This decline comes amid a wave of liquidations that erased over a trillion dollars from the market cap of the crypto sector since October 6th.
This drop follows a warning from Morgan Stanley, which indicated that Bitcoin has entered what it described as the "autumn phase," a historical period characterized by weak upward momentum for the currency, typically preceding what is known as "Bitcoin winter"; a prolonged decline.
Dini Galindo, the chief investment strategist at the bank's wealth management division, stated that the cryptocurrency market has officially entered the "autumn phase" in the Bitcoin cycle, a period in which "investors should take profits before winter arrives".
Source: CoinMarketCap
#fifreedomtoday $BTC $AIA $SOL
#Financial_Freedom
The price of Bitcoin has dropped to below 95 thousand dollars for the first time in about 6 months, amid a severe downturn affecting the cryptocurrency market.
Bitcoin recorded a price of 94330 dollars after a decline of over 4% in the last 24 hours, while Ethereum fell by 1.3% to register 3127 dollars, and XRP dropped to 2.26 dollars.
This decline comes amid a wave of liquidations that erased over a trillion dollars from the market cap of the crypto sector since October 6th.
This drop follows a warning from Morgan Stanley, which indicated that Bitcoin has entered what it described as the "autumn phase," a historical period characterized by weak upward momentum for the currency, typically preceding what is known as "Bitcoin winter"; a prolonged decline.
Dini Galindo, the chief investment strategist at the bank's wealth management division, stated that the cryptocurrency market has officially entered the "autumn phase" in the Bitcoin cycle, a period in which "investors should take profits before winter arrives".
Source: CoinMarketCap
#fifreedomtoday $BTC $AIA $SOL
#Financial_Freedom
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Eric Trump: Cryptocurrencies Provide Youth with Financial Freedom
💢Eric Trump, co-founder and strategic director of American Bitcoin, confirmed that Bitcoin has the potential to disrupt traditional financial institutions, noting that cryptocurrencies provide individuals, especially the youth, with unprecedented financial freedom.
💫In his appearance on the Full Send podcast, the son of U.S. President Trump stated that one million dollars worth of Bitcoin can be sent and received in seconds with "almost no fees", which is not welcomed by major financial institutions.
💫In his appearance on the Full Send podcast, the son of U.S. President Trump stated that one million dollars worth of Bitcoin can be sent and received in seconds with "almost no fees", which is not welcomed by major financial institutions.
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Crypto whale executed 14 successful trades, losing $44 million, and now bets on Ethereum's decline with $28 million
The crypto whale, known as Oxc2a3, suffered a loss of $44.67 million after being fully liquidated.
The trader began his journey on October 14, achieving 14 consecutive profitable trades on the Hyperliquid platform, with a perfect 100% win rate since the start of his journey on October 14, increasing his profits to $25.34 million by October 28, while expanding his positions to a total value of about $447 million.
However, after high leverage and the sudden correction that hit the market the following week, the trader lost control of his massive positions, leading to the complete liquidation of his account, leaving him with a margin balance of no more than $1.4 million.
The whale did not give up on the loss. Instead, he immediately turned to the bearish trend, in a new trade where he used a leverage of 25 times, including 8,562.84 Ethereum units, with a total value of approximately $28.3 million, in a massive bet on the decline of the second largest cryptocurrency.
Source: Lookonchain.
#fifreedomtoday $ETH
The crypto whale, known as Oxc2a3, suffered a loss of $44.67 million after being fully liquidated.
The trader began his journey on October 14, achieving 14 consecutive profitable trades on the Hyperliquid platform, with a perfect 100% win rate since the start of his journey on October 14, increasing his profits to $25.34 million by October 28, while expanding his positions to a total value of about $447 million.
However, after high leverage and the sudden correction that hit the market the following week, the trader lost control of his massive positions, leading to the complete liquidation of his account, leaving him with a margin balance of no more than $1.4 million.
The whale did not give up on the loss. Instead, he immediately turned to the bearish trend, in a new trade where he used a leverage of 25 times, including 8,562.84 Ethereum units, with a total value of approximately $28.3 million, in a massive bet on the decline of the second largest cryptocurrency.
Source: Lookonchain.
#fifreedomtoday $ETH
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The Shari'ah Regulatory Authority of the Central Bank of Bahrain has issued a Shari'ah opinion stating that the cryptocurrency XRP, associated with Ripple, complies with the principles of Islamic law.
The authority based its ruling on several technical and operational foundations for the currency $XRP and its ledger (XRP Ledger). The most notable aspect of the Shari'ah opinion is that the XRP ledger is an open-source blockchain designed by Ripple to facilitate global payments between banks. Being a decentralized network, it efficiently and transparently manages XRP transactions.
The authority indicated that the primary purpose of the currency $XRP is to act as a bridge to facilitate transactions between different fiat currencies, giving it a use that complies with Islamic law and makes it halal.
The report clarified that the currency $XRP is not limited to being a tool for facilitating payments but is also used to provide On-Demand Liquidity (ODL) for RippleNet, which is a global payment network for financial institutions.
Source: Memorandum of the Shari'ah Regulatory Authority of the Central Bank of Bahrain
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The authority based its ruling on several technical and operational foundations for the currency $XRP and its ledger (XRP Ledger). The most notable aspect of the Shari'ah opinion is that the XRP ledger is an open-source blockchain designed by Ripple to facilitate global payments between banks. Being a decentralized network, it efficiently and transparently manages XRP transactions.
The authority indicated that the primary purpose of the currency $XRP is to act as a bridge to facilitate transactions between different fiat currencies, giving it a use that complies with Islamic law and makes it halal.
The report clarified that the currency $XRP is not limited to being a tool for facilitating payments but is also used to provide On-Demand Liquidity (ODL) for RippleNet, which is a global payment network for financial institutions.
Source: Memorandum of the Shari'ah Regulatory Authority of the Central Bank of Bahrain
#fifreedomtoday
XRP/USDT
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$BTC In 2010, an American developer launched a promotional website, offering users 5 Bitcoins per day for solving a Captcha test.
In 2010, it was possible to earn 5 Bitcoins per day simply by solving a simple Captcha test. This initiative was launched by American developer Gavin Andresen through a website called "Bitcoin Faucet." He initially contributed 1,100 Bitcoins from his own balance, and then some early miners contributed to replenish the website after the initial balance was depleted. The goal was neither profit-making nor advertising, but simply an attempt to spread the word and introduce people to a new cryptocurrency whose future value was unimaginable.
The Captcha test is an automated method of distinguishing between humans and machines, typically requiring the user to type letters or numbers that appear scrambled in an image. The goal is to ensure that the user is a real person and not a bot trying to exploit the system. Thanks to this mechanism, everyone who entered the website solved the test and immediately received five Bitcoins.
Over time, the site distributed approximately 19,700 free bitcoins, worth more than $2.215 billion today, to ordinary users who took just a few minutes to solve the captcha. At the time, these coins were virtually worthless, but today they are worth millions of dollars and represent a tremendous fortune for those who hold them.
: Cointelegraph.
#fifreedomtoday
#فايننشال_فريدوم
In 2010, it was possible to earn 5 Bitcoins per day simply by solving a simple Captcha test. This initiative was launched by American developer Gavin Andresen through a website called "Bitcoin Faucet." He initially contributed 1,100 Bitcoins from his own balance, and then some early miners contributed to replenish the website after the initial balance was depleted. The goal was neither profit-making nor advertising, but simply an attempt to spread the word and introduce people to a new cryptocurrency whose future value was unimaginable.
The Captcha test is an automated method of distinguishing between humans and machines, typically requiring the user to type letters or numbers that appear scrambled in an image. The goal is to ensure that the user is a real person and not a bot trying to exploit the system. Thanks to this mechanism, everyone who entered the website solved the test and immediately received five Bitcoins.
Over time, the site distributed approximately 19,700 free bitcoins, worth more than $2.215 billion today, to ordinary users who took just a few minutes to solve the captcha. At the time, these coins were virtually worthless, but today they are worth millions of dollars and represent a tremendous fortune for those who hold them.
: Cointelegraph.
#fifreedomtoday
#فايننشال_فريدوم
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The legendary founder of Binance says: My declared wealth is not accurate.. and what matters is not how much I have but how many people I can help
Just look at the power of these words and their ancient meaning
Forbes magazine revealed yesterday that Changpeng Zhao (CZ), the founder of the cryptocurrency exchange Binance, saw his wealth rise to about 87 billion dollars, making him the 21st richest person in the world.
CZ commented on this estimate through his account on platform X, stating that he does not believe the number is accurate and that it is highly exaggerated, adding that he does not consider the amount to be the important thing.
He clarified that what really matters is the number of people he can help and to what extent, noting that his goal is to leave a positive impact and make the world a little better than it was before he arrived.
Source: CZ via platform X.
#fifreedomtoday #فايننشال_فريدوم $BNB $HANA $XRP
Just look at the power of these words and their ancient meaning
Forbes magazine revealed yesterday that Changpeng Zhao (CZ), the founder of the cryptocurrency exchange Binance, saw his wealth rise to about 87 billion dollars, making him the 21st richest person in the world.
CZ commented on this estimate through his account on platform X, stating that he does not believe the number is accurate and that it is highly exaggerated, adding that he does not consider the amount to be the important thing.
He clarified that what really matters is the number of people he can help and to what extent, noting that his goal is to leave a positive impact and make the world a little better than it was before he arrived.
Source: CZ via platform X.
#fifreedomtoday #فايننشال_فريدوم $BNB $HANA $XRP
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Selling 3,220 Bitcoin and buying 34,290 Ethereum on May 29, 2025
Cointelegraph revealed that on May 29, approximately 3,220 Bitcoin were sold while 34,290 Ethereum were purchased.
It also clarified that Bitcoin exchange-traded funds (ETFs) experienced a net outflow of funds amounting to $346.8 million, while Ethereum exchange-traded funds recorded a net inflow of funds totaling $91.9 million.$BTC $ETH
#fifreedomtoday
Cointelegraph revealed that on May 29, approximately 3,220 Bitcoin were sold while 34,290 Ethereum were purchased.
It also clarified that Bitcoin exchange-traded funds (ETFs) experienced a net outflow of funds amounting to $346.8 million, while Ethereum exchange-traded funds recorded a net inflow of funds totaling $91.9 million.$BTC $ETH
#fifreedomtoday
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Major companies are turning to Bitcoin as an alternative to the dollar amid rising US debt and global economic fluctuations
Bitcoin has seen a historic rise in value, reaching an all-time high of $112,000 per coin, an increase of 50% since its lowest level in April.
A recent report from Forbes revealed that amid the rising US debt exceeding $40 trillion due to massive government spending and the repercussions of the Corona pandemic, many major companies have started converting their treasuries to Bitcoin as a step to protect their assets from the erosion of the dollar's value.
MicroStrategy, a leading company in this direction, started in 2020, followed by dozens of companies that rearranged their financial strategies in the face of the declining value of the US currency.
Nick Bokerin, a Bitcoin and cryptocurrency analyst, investor, and founder of The Coin Bureau, said: "As the value of the dollar continues to decline, investors' reliance on Bitcoin as a safe haven will increase."
Brian Armstrong, the CEO of the cryptocurrency exchange Coinbase, said in comments that billionaire Elon Musk reposted on X, "If voters do not hold Congress accountable for reducing the deficit and starting to pay down the debt, Bitcoin will take on the role of the reserve currency."
Source: Forbes.
Bitcoin has seen a historic rise in value, reaching an all-time high of $112,000 per coin, an increase of 50% since its lowest level in April.
A recent report from Forbes revealed that amid the rising US debt exceeding $40 trillion due to massive government spending and the repercussions of the Corona pandemic, many major companies have started converting their treasuries to Bitcoin as a step to protect their assets from the erosion of the dollar's value.
MicroStrategy, a leading company in this direction, started in 2020, followed by dozens of companies that rearranged their financial strategies in the face of the declining value of the US currency.
Nick Bokerin, a Bitcoin and cryptocurrency analyst, investor, and founder of The Coin Bureau, said: "As the value of the dollar continues to decline, investors' reliance on Bitcoin as a safe haven will increase."
Brian Armstrong, the CEO of the cryptocurrency exchange Coinbase, said in comments that billionaire Elon Musk reposted on X, "If voters do not hold Congress accountable for reducing the deficit and starting to pay down the debt, Bitcoin will take on the role of the reserve currency."
Source: Forbes.
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A study conducted at the University of Cambridge revealed that Bitcoin, the most famous cryptocurrency, consumes approximately 172 terawatt-hours of electricity annually, exceeding the consumption of countries like Argentina.
The data indicated that mining platforms and infrastructure updates contribute to generating nearly 2% of global electricity consumption, and this percentage is expected to rise to 3.5% over the next three years.
Recent data from the International Monetary Fund confirmed that despite this enormous amount of energy consumption, Bitcoin has not previously been recorded in the GDP of countries because it does not produce tangible goods or services.
The data pointed out that cryptocurrencies have now become digital assets within the wealth of nations, allowing for a more accurate measurement of their economic impact.$BTC $BTC $BTC
#fifreedomtoday
#فايننشال_فريدوم
The data indicated that mining platforms and infrastructure updates contribute to generating nearly 2% of global electricity consumption, and this percentage is expected to rise to 3.5% over the next three years.
Recent data from the International Monetary Fund confirmed that despite this enormous amount of energy consumption, Bitcoin has not previously been recorded in the GDP of countries because it does not produce tangible goods or services.
The data pointed out that cryptocurrencies have now become digital assets within the wealth of nations, allowing for a more accurate measurement of their economic impact.$BTC $BTC $BTC
#fifreedomtoday
#فايننشال_فريدوم
See original
$BTC
In 2010, an American developer launched a promotional website and gave users 5 bitcoins daily in exchange for solving a Captcha test.
In 2010, it was possible to earn 5 bitcoins daily just by solving a simple Captcha test. This initiative was launched by American developer Gavin Andresen through a site he called "Bitcoin Faucet." He initially deposited 1,100 bitcoins from his own funds, and then some of the early miners contributed to refilling the site after the initial balance ran out. The goal was not profit-driven or promotional, but rather an attempt to spread the idea and introduce people to a new cryptocurrency that no one could have imagined its future value.
A Captcha test is an automated method to distinguish between humans and machines, where the user is typically asked to type letters or numbers that appear distorted in an image. The aim is to ensure that the person using the site is a real person and not a bot trying to exploit the system. Thanks to this mechanism, anyone who entered the site would solve the test and immediately receive five bitcoins.
Over time, the site distributed approximately 19,700 bitcoins for free, worth more than $2.215 billion today, to ordinary users who only spent a few minutes solving Captchas. At that time, these coins were nearly worthless, but today they are worth millions of dollars and represent a massive fortune for those who held onto them.
Source: Cointelegraph.
#fifreedomtoday
In 2010, an American developer launched a promotional website and gave users 5 bitcoins daily in exchange for solving a Captcha test.
In 2010, it was possible to earn 5 bitcoins daily just by solving a simple Captcha test. This initiative was launched by American developer Gavin Andresen through a site he called "Bitcoin Faucet." He initially deposited 1,100 bitcoins from his own funds, and then some of the early miners contributed to refilling the site after the initial balance ran out. The goal was not profit-driven or promotional, but rather an attempt to spread the idea and introduce people to a new cryptocurrency that no one could have imagined its future value.
A Captcha test is an automated method to distinguish between humans and machines, where the user is typically asked to type letters or numbers that appear distorted in an image. The aim is to ensure that the person using the site is a real person and not a bot trying to exploit the system. Thanks to this mechanism, anyone who entered the site would solve the test and immediately receive five bitcoins.
Over time, the site distributed approximately 19,700 bitcoins for free, worth more than $2.215 billion today, to ordinary users who only spent a few minutes solving Captchas. At that time, these coins were nearly worthless, but today they are worth millions of dollars and represent a massive fortune for those who held onto them.
Source: Cointelegraph.
#fifreedomtoday
See original
A study conducted at the University of Cambridge revealed that Bitcoin, the most famous cryptocurrency, consumes approximately 172 terawatt-hours of electricity annually, exceeding the consumption of countries like Argentina.
Data indicated that mining platforms and infrastructure upgrades account for nearly 2% of global electricity consumption, and this percentage is expected to rise to 3.5% within three years.
Recent data from the International Monetary Fund confirmed that despite this enormous energy consumption, Bitcoin has not previously been recorded in the gross domestic product of countries, as it does not produce tangible goods or services.
The data pointed out that cryptocurrencies have now become digital assets within the wealth of nations, allowing for a more accurate measurement of their economic impact.
Source: Daily Wire + IMF
#bitcoin
#fifreedomtoday
#فايننشال_فريدوم
$BTC $BNB $BANANAS31
Data indicated that mining platforms and infrastructure upgrades account for nearly 2% of global electricity consumption, and this percentage is expected to rise to 3.5% within three years.
Recent data from the International Monetary Fund confirmed that despite this enormous energy consumption, Bitcoin has not previously been recorded in the gross domestic product of countries, as it does not produce tangible goods or services.
The data pointed out that cryptocurrencies have now become digital assets within the wealth of nations, allowing for a more accurate measurement of their economic impact.
Source: Daily Wire + IMF
#bitcoin
#fifreedomtoday
#فايننشال_فريدوم
$BTC $BNB $BANANAS31
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$BTC In March 2018, Harvard University economist Kenneth Rogoff stated that the odds of Bitcoin reaching $100 were greater than the odds of it reaching $100,000 in the next decade, based on what he described as market volatility and weak monetary fundamentals of the currency.
At that time, the statement came amid a sharp price drop after the peak of 2017, making his prediction a focal point of interest.
Seven years later, financial disclosures with the U.S. Securities and Exchange Commission reveal that Harvard University invested approximately $116 million in the BlackRock-owned iShares Bitcoin Trust (IBIT), at an average price of about $116,000 per unit, becoming one of the institutional investors in the fund, transitioning from academic caution to direct entry into the cryptocurrency market.
Harvard's entry of this magnitude into the Bitcoin market is a clear signal of the growing adoption of major academic institutions of crypto assets in America. While the university has been studying this trend since 2018, its current investments are heavily concentrated in the technology sector.
#BTC走势分析 #Binance #BinanceHerYerde $BTC $ETH
Coin Desk+ Crypto New
#fifreedomtoday
#فايننشال_فريدوم
At that time, the statement came amid a sharp price drop after the peak of 2017, making his prediction a focal point of interest.
Seven years later, financial disclosures with the U.S. Securities and Exchange Commission reveal that Harvard University invested approximately $116 million in the BlackRock-owned iShares Bitcoin Trust (IBIT), at an average price of about $116,000 per unit, becoming one of the institutional investors in the fund, transitioning from academic caution to direct entry into the cryptocurrency market.
Harvard's entry of this magnitude into the Bitcoin market is a clear signal of the growing adoption of major academic institutions of crypto assets in America. While the university has been studying this trend since 2018, its current investments are heavily concentrated in the technology sector.
#BTC走势分析 #Binance #BinanceHerYerde $BTC $ETH
Coin Desk+ Crypto New
#fifreedomtoday
#فايننشال_فريدوم
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$BTC
Michael Saylor celebrates the rise of Bitcoin with the beginning of October: "Happy Uptober"
Billionaire Michael Saylor, founder and CEO of MicroStrategy, the largest publicly traded company for holding Bitcoin, celebrated the rise in the price of the cryptocurrency with the start of October, which is known in the crypto community as the best month for the cryptocurrency market.
Saylor posted a tweet on his X platform account stating: "Happy Uptober", referring to the recent surge of Bitcoin, which increased by 3.32% in just 24 hours to exceed $117,000 on the first day of the month.
The term "Uptober" combines the words "Up" and "October" and originated as a sarcastic term among traders to describe the outstanding performance of cryptocurrencies in October. Over time, with the spread of memes on social media, "Uptober" became a symbol of an annual celebration of market recovery.
This optimism is interpreted through psychological considerations related to the market cycle; October is seen as an opportunity for a reversal after the "Red September", which is characterized by profit-taking and poor performance, as investors begin to rebalance their portfolios in preparation for year-end rallies.
Thus, Saylor's celebration of the term "Happy Uptober" aligns with the prevailing mood among the cryptocurrency community with the onset of a new upward trend for Bitcoin.
Source: Tradersunion + CoinMarketCap
#fifreedomtoday
Michael Saylor celebrates the rise of Bitcoin with the beginning of October: "Happy Uptober"
Billionaire Michael Saylor, founder and CEO of MicroStrategy, the largest publicly traded company for holding Bitcoin, celebrated the rise in the price of the cryptocurrency with the start of October, which is known in the crypto community as the best month for the cryptocurrency market.
Saylor posted a tweet on his X platform account stating: "Happy Uptober", referring to the recent surge of Bitcoin, which increased by 3.32% in just 24 hours to exceed $117,000 on the first day of the month.
The term "Uptober" combines the words "Up" and "October" and originated as a sarcastic term among traders to describe the outstanding performance of cryptocurrencies in October. Over time, with the spread of memes on social media, "Uptober" became a symbol of an annual celebration of market recovery.
This optimism is interpreted through psychological considerations related to the market cycle; October is seen as an opportunity for a reversal after the "Red September", which is characterized by profit-taking and poor performance, as investors begin to rebalance their portfolios in preparation for year-end rallies.
Thus, Saylor's celebration of the term "Happy Uptober" aligns with the prevailing mood among the cryptocurrency community with the onset of a new upward trend for Bitcoin.
Source: Tradersunion + CoinMarketCap
#fifreedomtoday
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Justin Sun spent $4.6 million to meet Warren Buffett, who described Bitcoin as "rat poison squared"
In 2019, Justin Sun, the founder of the cryptocurrency Tron, paid a record-breaking $4.6 million at a charity auction to have lunch with Warren Buffett, the investment legend and chairman of Berkshire Hathaway. Ironically, Buffett has been one of the fiercest critics of cryptocurrencies, previously describing Bitcoin as "rat poison squared."
Buffett has never hidden his strong stance against cryptocurrencies. In one of the annual shareholder meetings and also in an interview with CNBC, he stated: "Regarding cryptocurrencies in general, I can almost guarantee they will end badly. If I could buy a five-year put option on all cryptocurrencies, I would do it, but I wouldn’t short sell."
This auction is organized on eBay Charity to support the Glide Foundation in San Francisco, which raises donations to combat poverty and homelessness.
#fifreedomtoday
#فايننشال_فريدوم $BTC $BTC $BTC
In 2019, Justin Sun, the founder of the cryptocurrency Tron, paid a record-breaking $4.6 million at a charity auction to have lunch with Warren Buffett, the investment legend and chairman of Berkshire Hathaway. Ironically, Buffett has been one of the fiercest critics of cryptocurrencies, previously describing Bitcoin as "rat poison squared."
Buffett has never hidden his strong stance against cryptocurrencies. In one of the annual shareholder meetings and also in an interview with CNBC, he stated: "Regarding cryptocurrencies in general, I can almost guarantee they will end badly. If I could buy a five-year put option on all cryptocurrencies, I would do it, but I wouldn’t short sell."
This auction is organized on eBay Charity to support the Glide Foundation in San Francisco, which raises donations to combat poverty and homelessness.
#fifreedomtoday
#فايننشال_فريدوم $BTC $BTC $BTC
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Crypto Whale James Wynn Loses $55 Million After Shedding Bitcoin Exposure
James Wynn, the most famous whale in crypto, who describes himself as a "high-risk leverage trader," is suffering a massive loss after shedding his significant exposure to Bitcoin following a sharp decline that lasted seven days.
Wynn closed parts of a long position with a "40x" leverage, leaving a Bitcoin position worth $200 million with an unrealized loss of about $800,000.
Between May 5 and May 23, Wynn's cumulative profits surged from $5.7 million to $87 million, before dropping to $1.91 million today, representing a decline of $55.3 million in just one week.
Wynn gained fame in March when he began streaming his trades on the "HyperLiquid" platform, making $46.5 million in less than two months and paying the exchange fees exceeding $2.3 million.
Things turned around on May 25 when he incurred a loss of $15.9 million from a $1 billion short sale of Bitcoin, followed by the liquidation of a $1.25 billion long position that closed with a loss of $13.4 million, with losses continuing until they reached $55 million.
Source: Crypto on The Street
#fifreedomtoday
#فايننشال_فريدوم
#fifreedomtoday_crypto
James Wynn, the most famous whale in crypto, who describes himself as a "high-risk leverage trader," is suffering a massive loss after shedding his significant exposure to Bitcoin following a sharp decline that lasted seven days.
Wynn closed parts of a long position with a "40x" leverage, leaving a Bitcoin position worth $200 million with an unrealized loss of about $800,000.
Between May 5 and May 23, Wynn's cumulative profits surged from $5.7 million to $87 million, before dropping to $1.91 million today, representing a decline of $55.3 million in just one week.
Wynn gained fame in March when he began streaming his trades on the "HyperLiquid" platform, making $46.5 million in less than two months and paying the exchange fees exceeding $2.3 million.
Things turned around on May 25 when he incurred a loss of $15.9 million from a $1 billion short sale of Bitcoin, followed by the liquidation of a $1.25 billion long position that closed with a loss of $13.4 million, with losses continuing until they reached $55 million.
Source: Crypto on The Street
#fifreedomtoday
#فايننشال_فريدوم
#fifreedomtoday_crypto
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Robert Kiyosaki: "I hope Bitcoin crashes.. I'll buy more"
Robert Kiyosaki, the financial expert and author of the best-selling book "Rich Dad Poor Dad," called for ignoring fears of a Bitcoin crash.
In a post on platform X, Kiyosaki said: "Losers constantly warn of a Bitcoin crash... they want to scare off speculators." He added: "I hope Bitcoin crashes... I'll buy more."
Kiyosaki frequently warns against holding cash, considering it "fake money," and advocates for investing in what he sees as real assets like gold, silver, and Bitcoin.
$BTC $BTC $BTC
#fifreedomtoday
#فايننشال_فريدوم
Robert Kiyosaki, the financial expert and author of the best-selling book "Rich Dad Poor Dad," called for ignoring fears of a Bitcoin crash.
In a post on platform X, Kiyosaki said: "Losers constantly warn of a Bitcoin crash... they want to scare off speculators." He added: "I hope Bitcoin crashes... I'll buy more."
Kiyosaki frequently warns against holding cash, considering it "fake money," and advocates for investing in what he sees as real assets like gold, silver, and Bitcoin.
$BTC $BTC $BTC
#fifreedomtoday
#فايننشال_فريدوم
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BlackRock's CEO expects the price of Bitcoin to reach $BTC 700 thousand dollars
Larry Fink, the CEO of BlackRock, renewed his prediction that the value of Bitcoin will reach 700 thousand dollars in the future.
Fink had previously predicted that the price of Bitcoin would reach this level if sovereign wealth funds allocated between 2 to 5% of their investments to cryptocurrencies.
Recently, Larry Fink reiterated his prediction of the cryptocurrency's price reaching 700 thousand dollars, amid increasing adoption of Bitcoin by major financial institutions and banks, along with the expansion of regulations in supporting countries for cryptocurrency investments, and their efforts to build a strategic reserve of it as a hedging tool.
According to Fink, if institutional adoption continues to grow and similar allocation strategies are widely adopted, market dynamics could push Bitcoin towards these high levels.
Source: Analytics Insight
#fifreedomtoday
Larry Fink, the CEO of BlackRock, renewed his prediction that the value of Bitcoin will reach 700 thousand dollars in the future.
Fink had previously predicted that the price of Bitcoin would reach this level if sovereign wealth funds allocated between 2 to 5% of their investments to cryptocurrencies.
Recently, Larry Fink reiterated his prediction of the cryptocurrency's price reaching 700 thousand dollars, amid increasing adoption of Bitcoin by major financial institutions and banks, along with the expansion of regulations in supporting countries for cryptocurrency investments, and their efforts to build a strategic reserve of it as a hedging tool.
According to Fink, if institutional adoption continues to grow and similar allocation strategies are widely adopted, market dynamics could push Bitcoin towards these high levels.
Source: Analytics Insight
#fifreedomtoday
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Crypto Trader Turns $125,000 into $29.6 Million in 4 Months with "Cumulative Trading" Strategy
A crypto trader has achieved an astonishing fortune, transforming an initial investment of just $125,000 into approximately $29.6 million in just 4 months.
The investor began his journey when the price of Ethereum (ETH) was at its lowest at $1,490. At that time, he followed a trading strategy on the decentralized platform Hyperliquid, called "Cumulative Trading".
This strategy relies on continuously reinvesting profits into new trades, effectively doubling the trading capital with each price increase. Thanks to this method, the investor was able to accelerate his profits and increase his holdings of Ethereum to about 66,000 coins.
Despite the enormous risks associated with this approach, particularly with the use of leverage that could lead to a total account loss, the trader demonstrated remarkable skill in managing his trades, managing to increase his balance by 236 times in just 4 months, and raising his Ethereum holdings to around 66,000 coins, bringing his total wealth in his accounts from $125,000 to $29.6 million.
In the end, the total value of his accounts increased by 236 times, achieving a net profit estimated in the millions.
#fifreedomtoday
#فايننشال_فريدوم #BTC $BTC $BTC $BTC
A crypto trader has achieved an astonishing fortune, transforming an initial investment of just $125,000 into approximately $29.6 million in just 4 months.
The investor began his journey when the price of Ethereum (ETH) was at its lowest at $1,490. At that time, he followed a trading strategy on the decentralized platform Hyperliquid, called "Cumulative Trading".
This strategy relies on continuously reinvesting profits into new trades, effectively doubling the trading capital with each price increase. Thanks to this method, the investor was able to accelerate his profits and increase his holdings of Ethereum to about 66,000 coins.
Despite the enormous risks associated with this approach, particularly with the use of leverage that could lead to a total account loss, the trader demonstrated remarkable skill in managing his trades, managing to increase his balance by 236 times in just 4 months, and raising his Ethereum holdings to around 66,000 coins, bringing his total wealth in his accounts from $125,000 to $29.6 million.
In the end, the total value of his accounts increased by 236 times, achieving a net profit estimated in the millions.
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#فايننشال_فريدوم #BTC $BTC $BTC $BTC
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