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On April 22, a t*****st attack in Indian-controlled Kashmir killed 26 people, most of them tourists. The attackers are believed to be linked to a Pakistan-based militant group.
👮 India reacted fast: it cancelled all Pakistani visas, expelled diplomats, and urged all Indian citizens to leave Pakistan immediately. The key escalation came when India suspended the Indus Waters Treaty, a decades-old agreement on water sharing.
Pakistan responded by cutting trade, closing its airspace to Indian flights, and expelling Indian nationals. It also warned that any attempt to block water would be treated as an act of war ❗️
Borders are closed. Diplomatic channels are frozen. Both sides are moving troops.
Army and Navy forces are now on full alert. And both countries have nuclear weapons 🚨
So far, this has had little effect on the financial markets, but if a real war breaks out, the stock market is bound to correct
An example of how technical analysis often has nothing to do with reality 🔍
People are discussing this chart right now, it was posted by one influencer on his X page.
😮 As you can see, the logarithmic chart of Ethereum shows a target of $80,000 per ETH by 2027.
According to the previous two cycles, this technical analysis is drawn correctly, but according to common sense, it is utter nonsense 🚬
ETH market cap would be over $9.5 trillion at current circulation if it were valued at $80k per coin. That's 3x the capitalization of the entire crypto market.
🤷♀️ Another proof that not everything that is neatly drawn on the price chart is worth believing.
Wall Street gets orange-pilled: a new Bitcoin-only firm just dropped 😮
Led by Strike founder Jack Mallers, known for helping El Salvador adopt Bitcoin as legal tender.
Backed by Tether, SoftBank, and Cantor Fitzgerald — combining institutional capital with actual BTC reserves ❤️
They launched with $3.6B in valuation and 42,000 BTC on the balance sheet. This makes Twenty One the third-largest corporate Bitcoin holder globally, right after MicroStrategy and Marathon.
💸 The company raised $585M in additional funding to expand its Bitcoin position and build financial infrastructure. Its goal is not to report dollar earnings, but to maximize Bitcoin per share — a new way to measure value.
The roadmap includes Bitcoin-native lending, equity products, and media built around BTC as the base layer 📰
For me, it's hard to see this as anything but a long-term bullish signal. Serious players are positioning for a Bitcoin-centered future 🐂
JUST IN: Cantor, Tether, and Bitfinex are creating a "multibillion-dollar bitcoin acquisition vehicle that will absorb billions" in #Bitcoin, Financial Times reports 🚀