KZG 口罩哥

Musk feels the pain.

After the U.S. stock market closed, Musk accepted an interview with Fox, saying that managing the company is "very difficult" right now.

When the host asked him how he could manage other companies after becoming the head of the efficiency department in the Trump administration, Musk smiled wryly, shook his head, and sighed, saying he just wants the government to be more efficient, reducing waste and fraud.

He revealed that they are currently saving the government over $4 billion a day, and the results are quite good.

The efficiency department (DOGE) he leads already has over 100 people and may expand to 200.

Musk also stated that unless someone stops them, they could help the government save $1 trillion.

According to Musk himself, their team has infiltrated almost all departments of the U.S. government and is recruiting from the finance and technology sectors.

He expects his term in the Trump administration to last about a year... and he's almost ready to rest. Good news.

He never thought of his position as a pit…

This time it's really broken!

Law School！

Trump signed an executive order on Bitcoin strategic reserves, and as a result, the price of the coin has dropped instead of rising, now falling below $80,000. Just a trick... No pump.

All the forecasts drawn by analysts have completely failed, Strategy's latest position has a floating loss of $3 billion, even large institutions are getting cut, what chance do retail investors have?….

Every day the first thing I do when I open my eyes is to check how much my account has lost again, this is not investment, nasty!

Shouting out to Michael Saylor: Don't be timid, just go for it! Back to 100k!

Family, we must talk about this today!

Michael Saylor, isn't he supposed to be the toughest man on Nasdaq? He previously claimed he had $21 billion in convertible bonds, but what happened?

Why is there no movement now? Is it because Trump didn't keep his promise, and he just gave up?

Forget about what Trump is doing, just charge in with that $21 billion! 😂?

Oh no!

NBNB! It's about to break 2000 again! $ETH

Epic misunderstanding?

Saylor may have spent millions lobbying Trump to say "Don't sell your Bitcoin."

Why? It's because he needs someone to take over, to provide him with an exit liquidity.

So how did Trump respond?

He repeated... "Never sell your Bitcoin... that's what they always say... I don't know if they're right... who knows?" 😂

This answer is just incredible, vague and non-committal, neither offending anyone nor taking sides.

Saylor must have been extremely embarrassed to hear that.

He spent so much money just to get Trump to say something positive about Bitcoin, and in the end, Trump was so dismissive.

Now Saylor is probably anxious, having bet so much on Bitcoin; he really needs others to believe in this takeover, otherwise, how does he exit?

In simple terms, it's a game played by the big shots; the retail investors shouldn't get hurt.

Trump's reaction is actually quite wise; he doesn't want to be the one endorsing this, after all, who knows how this will end up?

Hopefully, he stays out of it....$BTC

Finally, we no longer have to just focus on Coinbase!! Gemini has secretly submitted an IPO application to Goldman Sachs and Citigroup, and Kraken also plans to go public as early as the first quarter of next year.

These two exchanges have chosen to advance their listing process at this time, clearly encouraged by the shift in cryptocurrency policy under the Trump administration.

Looking back over the past few years, we have seen that the path to listing for cryptocurrency exchanges has not been smooth. Although Coinbase is now listed, it has faced significant regulatory pressure from the SEC.

The listing plans of companies like Circle and BitGo have also been repeatedly delayed.

Now the market atmosphere is completely different, with the Trump administration actively working to eliminate regulatory obstacles for the cryptocurrency industry. Treasury Secretary Bessent has clearly stated the intention to "end the regulatory crackdown on digital assets."

It is worth noting that these two exchanges have chosen to advance their IPOs simultaneously, which may indicate that they expect the regulatory environment to become clearer in the coming months.

After all, once a wave of exchange listings begins, it will bring a new round of legitimacy and capital attention to the entire industry.

In fact, it is an indirect acknowledgment of further legitimacy, no worry.

Indeed, there were no surprises.

Trump did not propose any new policies at the first White House Crypto Summit, mainly reiterating the establishment of a Bitcoin strategic reserve plan.

However, he did express hope to pass stablecoin legislation before Congress adjourns in August, and Treasury Secretary Bessent also clearly stated that "we will maintain the dollar's status as the global reserve currency through stablecoins."

There are some benefits; on one hand, the government has confirmed that it will not use taxpayer funds to purchase Bitcoin but will explore other avenues to accumulate reserves through the Treasury and Commerce Departments.

On the other hand, the timeline for stablecoin legislation is clearer than expected, indicating that the Trump administration has incorporated crypto policy into its core agenda.

From the list of attendees, it almost encompasses the top players from various sectors of the industry. Although many of the attendees' speeches were largely "ceremonial," the CEO of Coinbase has announced plans to hire 1,000 employees in the U.S., which is a tangible reflection of the industry's confidence in the new policy environment.

The policy dividend is being translated into job growth.

However, it is clearly impossible to get Trump to spend money. It can only be confiscated.

Recently watched the video of SBF being interviewed by Tucker Carlson in prison, quite interesting.

He seems much calmer than before, no longer appearing as nervous as he used to.

Now SBF has been in prison for almost two years, saying he spends his days reading, playing chess, and researching his appeal case.

He mentioned that the "economic system" in prison is quite remarkable—muffins have become the main currency, along with instant noodles and canned fish.

From managing billions in funds to trading muffins for bananas, the contrast is just too big.

Regarding his views on the crypto industry, SBF believes that the regulatory environment in the U.S. is too harsh, resulting in America having a 30% share of global finance but only 5% in the crypto market.

He complained that the SEC and Gary Gensler require companies to register but do not provide a pathway for registration, feeling more like a power game rather than a genuine effort to promote industry development.

What surprised me the most is that SBF said none of his former 300 employees or the politicians who received his political donations came to see him after his troubles.

Diddy, on the other hand, is locked up with him and is said to be quite friendly. 😂

He was sentenced to 25 years, theoretically not getting out until he is 57, and he also mentioned that the mortality rate in prison is three times that of ordinary people...

Overall, SBF still doesn't consider himself a criminal. He insists that FTX had enough assets to repay all debts, but the bankruptcy process ruined everything.

This interview gives the impression that he has become more calm and introspective, but who knows, after all, this guy was once a top-notch performer.

It feels like he’s out of chips now, otherwise... even Chuanzi could chat.

hold it

I just saw that Binance has suspended the listing process for RED, the reason being that the project team secretly reduced the community airdrop ratio from 10% to 5% at the last stage.

This is quite absurd; RED has 230,000 community members, but in the end, only 4,000 people were given airdrop eligibility.

What's even more outrageous is that they used the excuse of Discord roles to cancel a large number of users' airdrop eligibility.

Binance's actions truly stand on the side of the users; anyone who participated in the RED airdrop would probably feel respected by Binance's decision.

Other exchanges went ahead with listing RED as usual today, completely unresponsive to this sudden change in airdrop rules; the gap is just too large.

I hope other exchanges can learn from Binance's approach and implement a pre-listing assessment mechanism to protect the rights and interests of ordinary users.

To be honest, Binance's handling this time is commendable; it indeed took into account the feelings of ordinary users, unlike some exchanges that only care about making money, regardless of users' well-being.

Thumbs up!

There are really a lot of people talking nonsense, the Ministry of Commerce said it will announce reserves, Saylor directly said the US government will buy 1 million.

This directly pushed BTC from below $90,000 to around $92,000. Technically, Bitcoin has formed a series of "hammer" patterns over the past two weeks, which is extremely rare in history and often indicates a significant turning point.

It feels like this short-term rebound lacks sufficient trading volume support, and the uncertainty of the Federal Reserve's policy remains high. Unless it is a real, concrete announcement to buy reserves. And more than 100,000 coins.

Mistaken? The Trump administration's cryptocurrency reserve plan is triggering internal struggles within the industry.

Ripple executives are reportedly lobbying to include SOL in the reserves to increase the legitimacy of XRP, while the founder of Cardano claims to have been "completely unaware" of ADA being included in the reserves.

There are rumors that he is "throwing money around," but it seems this may not necessarily be the case; it could just be randomly pulling a few to reserve BTC.

Meanwhile, the prediction probability on the Polymarket platform for "establishing a strategic Bitcoin reserve within 100 days of Trump's presidency" has risen from the original 10% to 24%.

Currently, sources generally expect Bitcoin to dominate the reserves, with the scale possibly exceeding market expectations.

This political and asset struggle reflects the desire of various projects for policy support.

It seems that no matter how the final reserve composition changes, it will set the tone for the direction of crypto finance in the United States over the next decade. The truly important factor is not which tokens are included, but the symbolic shift of the entire industry being incorporated into national strategy.

Then Saylor said... preparing to reserve 1 million, this guy seems to want the USA to take over for him...

Li Ka-shing sold the ports at both ends of the Panama Canal, which he controlled for nearly 30 years, to the American BlackRock consortium for a bargain price of $22.8 billion.

These two ports control 6% of global trade flow, and they were just tossed aside? There are many intricacies behind this matter...

Last December, Trump just called out, "The U.S. needs to regain control of the Panama Canal," and immediately, Superman Li sprang into action. He directly connected with BlackRock.

BlackRock is not an ordinary company; it is America’s "national team," managing over $10 trillion in assets and has a very close relationship with the Federal Reserve.

Li Ka-shing is not conceding this time; he is purely safeguarding himself.

He acquired these two ports in 1997 and even renewed the lease until 2047 in 2022. So why did he suddenly sell?

Looking at his historical actions reveals the answer: from 2013 to 2016, he sold mainland Chinese real estate to avoid regulation, in 2019 he reduced his British assets to dodge the Brexit turmoil, and this time he is preemptively avoiding the risks of the U.S.-China game. A crafty businessman.

What does this indicate? Globalization is retreating, and capital must choose sides. In the future, key infrastructure must show "loyalty."

Having money indeed allows one to do as they please, but in the game of major powers, even the wealthiest capitalists must heed the political landscape.

What’s next? Who will hand over the big pie reserves to BlackRock? 😂

$BTC

Trump is firm on his stance regarding tariff policies, and the market rebounds after easing tensions.

Cryptocurrencies continue to hold strong.

Although U.S. Secretary of Commerce Ross previously mentioned a potential compromise with Canada and Mexico, Trump privately stated that he would insist on imposing tariffs.

Interestingly, the market response has turned—both the S&P and Dow have slowed their declines, and the cryptocurrency market has rebounded across the board, with BTC returning to $87,000 and ETH surging 6% to break $2,200.

This may offer a clue: the market has likely already absorbed the impact of the tariff policies, and investors are reassessing, believing that the actual economic impact may have been exaggerated.

Next week, it will be worth paying attention to the developments at the White House cryptocurrency summit, where several industry executives, including the CEOs of Coinbase and Robinhood, have confirmed their attendance. This will serve as a barometer for the Trump administration's attitude towards the cryptocurrency industry.

Let’s say something nice!

$BTC

How exaggerated is Trump's "Uncertainty Index"?

The index during Trump's first term was very high, especially peaking around 2019. Then, between 2021 and 2024, this index remained at a very low level.

However, starting from the end of 2024, this index began to rise sharply again, reaching a peak by January 2025.

Market concerns about trade policy have returned, and the media's discussion of trade uncertainty has noticeably increased.

This rise is estimated to be related to a series of newly announced trade policies, including tariff adjustments on China, the EU, and other trade partners.

This is essentially a tailor-made index, which is also applicable to cryptocurrencies.

Someone asked earlier, why isn't the SEC taking action?

Because they're too busy! Major layoffs are happening!

Yesterday, they regarded Solana and these things as securities in certain contexts, and now Eric Trump, Trump's son, has shared a tweet about this reserve and expressed his satisfaction.

"This is a victory for ordinary people outside of regular trading hours."

He also hinted that this matter is closely related to them. Someone asked, what is the SEC doing in all of this? Are they not regulating?

What can they do? 50,000 dollars per person to buy out positions in layoffs!

The SEC is undergoing major layoffs...

Don't think that nothing will happen now.

If the combination of Musk and Trump doesn't ruin America, in the future it might really be Maga, make America great again.

Because now some major interest groups can't hold on anymore and have given up, where would they find the time to regulate...

Hey, it's sunny 🌞… Is Ethereum about to fall below 2?!

Vitalik is really something, talking about innovation, technology, ecology, and decentralization every day.

They say the Ethereum ecosystem is invincible, with DeFi, NFT, DAO all pioneered by them, and a bunch of so-called star projects running on it.

And what’s the result?

Look at the price, it's about to drop below 2000! Trump randomly tweets, and XRP can rise by 25%, ADA can soar by 60%, but Ethereum, this "blockchain operating system," is just sitting there, even going backward.

Vitalik. Are you living up to those retail investors who shout "believe in technology" every day? What’s the point of writing so many papers?

You still can't fix the high Gas fees issue, staking can't be withdrawn, and on-chain transactions are as slow as a snail.

Solana and ADA at least see their prices rise; what does this thing do besides burning money?

I'm also from the mining community, I supported you first! smf is tired..

$ETH