#MetaplanetBTCPurchase Purchase of Bitcoin by Metaplanet: Metaplanet is a Japanese investment company that purchased a large amount of Bitcoin as part of its investment strategy. This investment reflects the increasing interest in Bitcoin as a reserve asset by companies and institutional investors. This move could lead to increased demand for Bitcoin, which may positively impact its price. This type of investment also reflects the growing recognition of Bitcoin as an investment tool and a means of hedging against inflation and economic uncertainty. It is important to monitor such movements to understand their potential impact on the market.
#PowellRemarks Trump just posted a sticker on "Truth Social" about "bringing manufacturing back to the United States" — not an ideal timing, especially after Powell's warning about the risks related to tariffs. The result? Another $1.5 trillion wiped off the stock market. But, things calmed down today and the markets began to recover — and BTC is back near $85,000 😇 Due to tariffs, public companies in mining sold 40% of their BTC production in March — the worst statistic since last October 🫡 Media reports: The Prime Minister of Italy and Trump will meet soon, as trade talks between the European Union and the United States are on the brink of collapse. But on the bright side, Trump says that talks with the Japanese delegation are going well 🤷♂️ Binance CEO, Richard Teng, said the exchange is advising governments on how to set up digital currency reserves 🟠 The Securities and Exchange Commission will hold a roundtable on April 25 to discuss digital asset custody issues 🤏
$OM's value collapsed by 90% in less than an hour - resulting in an immediate loss of over $5.5 billion in market value. Reason for the sell-off: 1. Team resignation: Reports indicate that the Kabal team behind $OM resigned just before the collapse. Immediately after this news, more than $590 million worth of OM was moved to exchanges, suggesting a potential large-scale sell-off by insiders. 2. Rumors of supply control: It is alleged that the team owned 90% of the total supply. With this concentration of control, the risk of off-market sell-offs and sudden liquidation was alarmingly high. Outcome: • Airdrop holders were completely wiped out. • Long-term investors were left to bear the burden. • The community faced what appears to be an exit liquidity from insiders. This situation highlights the danger of projects that lack transparency, the fragility of token economies, and centralized supply.
#OMNIUSDT The $OM currency collapsed by 90% in less than an hour - resulting in an immediate loss of over $5.5 billion in market value. Reason for the sell-off: 1. Team resignation: Reports indicate that the Kabal team behind $OM resigned just before the collapse. Following this news, over $590 million worth of OM was moved to exchanges, indicating a potential for widespread sell-offs by insiders. 2. Rumors of supply control: It is alleged that the team owned 90% of the total supply. With this concentration of control, the risk of off-exchange sell-offs and sudden liquidation was dangerously high. Result: • Airdrop holders were completely expelled. • Long-term investors were left bearing the burden. • The community faced the brunt of what seemed to be insider exit liquidity. This situation highlights the dangers of projects lacking transparency, weak token economics, and centralized supply.