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LMAO who in their right mind copies these clowns?
been consistently losing money for 6 straight months 😂
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📢 SEC Chair: Ethereum is Not a Security, Praises Its Role in Crypto Ecosystem ⚡ SEC Chairman Paul Atkins stated on CNBC that #Ethereum is not considered a security, reinforcing confidence in its regulatory status. While the agency hasn’t issued a formal ruling, Atkins emphasized ETH's importance in powering broader digital asset innovation: 🗣️ “It’s encouraging to see the market embracing $ETH — it signals a strong future for development.” 🔸 Corporate treasuries shifting to ETH: Firms like Bit Digital and SharpLink Gaming are replacing $BTC with ETH in their reserves. SharpLink now holds 280,706 ETH (worth $867M), making it the largest known corporate holder — even surpassing the Ethereum Foundation. Nearly all their #ETH is staked, earning yield. 🔸 Stablecoins & market infrastructure: Atkins highlighted federal focus on stablecoins as a positive step, enabling on-chain settlement and lowering risk and costs in traditional finance. 🔸 Crypto in retirement plans: He also advocated for digital asset exposure in 401(k)s, calling for SEC–DoL cooperation on rules for valuation, fees, and liquidity — to help fiduciaries safely offer crypto to long-term investors.
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Coinbase Launches CFTC-Regulated Perpetuals in the US #Coinbase has officially launched perpetual futures trading for U.S. users under CFTC regulation, starting with nano Bitcoin and Ether contracts. 🔸 Up to 10x leverage 🔸 0.02% taker fees 🔸 No monthly expirations 🔸 Available via Coinbase Financial Markets, not the offshore exchange This move brings offshore-style perps onshore with added regulatory clarity. While leverage is capped below the typical 20–50x found on platforms like #Binance or Bybit, Coinbase aims to appeal to U.S. traders seeking compliance, custody protections, and reliable infrastructure. With derivatives making up 75% of global crypto volume, Coinbase positions itself as a serious contender in the space — especially following its $2.9B acquisition of Deribit. 🗣️ “We’re not ready to let crypto derivatives trading be a non-US phenomenon,” said Max Branzburg, Head of Products.
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🚀 $PENGU rally – Round 2 is loading.. Our $PENGU setup played out perfectly with a strong initial surge — but the move isn’t over yet. After a healthy 10% correction, it's pulling back toward the moving average and showing signs of strength again. 📈 Second leg is on the horizon. 🎯 Minimum target remains unchanged.
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🟧 Strategy Buys 6,220 More $BTC , Now Holds Over $71.8B in Bitcoin 🏛️ #Bitcoin giant Strategy, led by Michael Saylor, has acquired 6,220 BTC for $739.8M, averaging $118,940 per coin. ⚡ This boosts its total stash to 607,770 BTC, worth around $71.8 billion! ranking it 9th among S&P 500 companies by cash-equivalent holdings. 📊 Key Highlights: 🟠 Total #BTC holdings: 607,770 BTC 💰 Average cost basis: $71,756 → Paper gain: $28.1B 🏦 Funded through MSTR stock sales and preferred shares (STRK, STRF, STRD) 📈 TD Cowen raises price target to $680, citing BTC price forecast of $155K by Dec 2025 📜 Strategy’s aggressive “42/42 plan” targets $84B in capital for BTC accumulation by 2027, setting a new standard for corporate crypto treasuries. The company now holds nearly 3% of Bitcoin’s total supply. ✅ Saylor continues to position BTC as “digital property” — a superior long-term alternative to fiat and Treasurys. #StrategyBTCPurchase
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Ethena Foundation Launches StablecoinX to Acquire $360M in $ENA 🚀 The Ethena Foundation is launching StablecoinX Inc., a new crypto treasury and infrastructure firm, through a SPAC merger with TLGY Acquisition. The deal includes a $360 million PIPE to fund massive #ENA token buybacks and long-term staking infrastructure. 🔹 $60M from Ethena Foundation 🔹 Backed by major VCs: Dragonfly, Ribbit Capital, Pantera, Haun Ventures, Galaxy Digital and others 🔹 Shares will trade on Nasdaq under ticker: USDE 🔹 #StablecoinX will focus on ENA accumulation, staking, and validator operations Ethena, which issues the synthetic dollar $USDe, is already the third-largest on-chain dollar issuer after Tether and Circle. This move aims to bolster the protocol’s treasury, longevity, and decentralization, positioning ENA as a long-term digital asset backed by deep capital reserves. #Altcoin
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