🚬 Trend Research has almost completely sold Ethereum — the company withdrew 792,532 ETH ($2.6 billion) from Binance at a price of $3267 and returned 772,865 ETH ($1.8 billion) back to the exchange at a price of $2326.
The Trump family has launched a mining corporation called American Bitcoin Corp. (ABTC). They are currently ranked 23rd in terms of BTC reserves.
The mining business requires significant investments, which is why older large miners are heavily indebted and have substantial BTC reserves.
The price drop will lead to:
▫️Bankruptcy of mining competitors ▫️Liquidation of BTC reserves to forcibly close loans
We are back to the point that the orange one in the White House benefits from this decline. 2-3 months below $60,000 and large miners will start liquidating reserves. During this time, another dozen will go bankrupt and sell their equipment for pennies.
🪙 Tether strengthens its bet on real assets and infrastructure, investing $150 million in Goldcom to scale access to physical and tokenized gold, as well as $100 million in the licensed crypto bank Anchorage Digital.
🗽 The U.S. Secretary of the Treasury stated that the government will keep the confiscated BTC but will not buy more Bitcoin and will not force banks to purchase during a decline.
The strategic Bitcoin reserve only allows for confiscations and budget-neutral exchanges of reserves, without direct purchases.
🏡 The founder of the crypto company Aave bought a mansion for £22,000,000 in Notting Hill, one of the most prestigious areas of London — this is one of the most expensive housing deals in the UK in the past year.
And you say nobody is making money in crypto right now 🚬
🪙 Fresh on-chain data from CryptoQuant shows that Binance remains resilient despite current market turbulence — the exchange maintains stable reserves (around 659,000 BTC), while fund outflows are normal and do not indicate user panic.
Trading volumes exceed $2.1 trillion, which is more than the next three exchanges combined, confirming high liquidity.
The outflow-to-reserve ratio remains low, indicating no signs of stress.
🤖 The AI startup xAI of Elon Musk deliberately bet on allowing adult content in Grok to accelerate audience growth and catch up with competitors — Washingtonpost
Despite internal disputes and warnings about legal and ethical risks, the strategy paid off: after updates, Grok burst into the TOP-10 App Store, and downloads increased by more than 70%.
Scandals and investigations did not stop growth — the company only partially restricted the generation of explicit content with real people.