What do the people who built the largest companies in the world read? We have gathered several books that they themselves call key in their careers.
Save this post for yourself; it will definitely come in handy.
📖 From Zero to One, Peter Thiel Elon Musk's choice. Don't compete – create what doesn't exist yet. Competition = a struggle for pennies. Monopoly through a unique idea = real business.
📖 The Intelligent Investor, Benjamin Graham Warren Buffett's choice. A book he has reread dozens of times. Written in 1949, still relevant today. The essence is about the world of the stock market.
📖 The Innovator's Dilemma, Clayton Christensen Jeff Bezos's choice. He required the entire Amazon team to read it. The main idea: look for niches that market leaders consider too small – and take them.
🖥 The difficulty of Bitcoin mining has decreased by 11.2% — this is the largest drop in the metric since the July 2021 crash caused by the mining ban in China.
🪙 Tether на фоне стремительного роста бизнеса планирует в ближайшие 18 месяцев нанять ещё 150 сотрудников, преимущественно разработчиков, продолжая активную экспансию за пределы крипторынка.
Компания уже инвестировала примерно в 140 проектов — от доли в «Ювентусе» до аграрных активов в Южной Америке — и заявляет о намерении создавать одноранговые инструменты как альтернативу централизованным технологиям Кремниевой долины.
🧠 Epstein might have laundered money through Warcraft
Jeffrey Epstein — a scandalously famous financier and investor — used an unusual scheme to hide the origins of his funds. It is likely that his money was 'washed' through the economy of the game World of Warcraft.
The mechanics were simple but effective. Real money was first exchanged for in-game WoW gold, then the funds passed through dozens of accounts and in-game transactions. After that, the gold was converted back — the chain of transfers became practically untraceable.
Why did it work? The in-game economy generates huge volumes of ordinary transactions, among which such transfers easily 'get lost'.
Additional context: alongside this topic, the name Steve Bannon comes up — former advisor to Trump and a major figure in American politics. In the 2000s, he actively worked in the online gaming and virtual currency business. Theoretically, he could have been involved in this scheme.
Kiyosaki is ready to buy Bitcoin if it falls to $6000
The author of the bestseller 'Rich Dad, Poor Dad', Robert Kiyosaki, stated that for him, the key factor is not the timing of entering the market, but the price and value of the asset. According to him, his actual entry point was around $6000.
He emphasized that if the market drops to these levels again, he will not hesitate and will buy more BTC. At the same time, the investor is ready to increase positions in gold.
According to CoinShares, only 10,200 BTC are subject to quantum risk — old addresses, the compromise of which will not have serious consequences for the price.
To break BTC cryptography, quantum computers need to be 100,000 times more powerful than the current ones, which is unlikely to be created in the next 10+ years👨💻
This week, the market is checking whether the scenario of a "soft landing" for the US economy continues. Three things are in focus: consumer demand, the labor market, and inflation – these will determine the mood of the Fed and the direction of the markets.
🔏 Retail sales Retail sales are expected to show a slowdown after strong months. Moderate data will confirm the cooling of demand. Strong growth will again raise the topic of overheating the economy and support the dollar, while weak figures will increase interest in risk assets.
📇 NFP The market is concerned not with the hiring itself, but with the balance: a slowdown in employment without a jump in wages is a positive scenario. Strong wages or unexpectedly robust hiring will reignite inflation fears, while rising unemployment will bolster expectations of Fed policy easing.
🔗 CPI Inflation remains the main trigger. Numbers within expectations will maintain the current balance. Acceleration will return a risk-off mode, while weaker data may trigger a new risk-on movement.
🔍 What to expect? The market now needs confirmation that the worst of inflation is behind, and that the economy is slowing down without a sharp downturn. If this is confirmed, risk assets will receive support.
🇻🇳 VIETNAM INTRODUCES TAXES: IS IT TIME TO GROW UP?
Guys, get with the program! The authorities in Vietnam have decided it's time to officially recognize crypto. But, as always, there's a catch — they want a 0.1% tax on every one of your trades.
Now trading any shitcoin is equated with securities operations. For whales, this is a drop in the bucket, but if you're used to jumping into every breakout with everything you have, that little bit will keep dripping to the government constantly.
- From each trade — minus 0.1%. - Crypto is now on par with stocks. - Full legalization under the guise of collections.
On one hand, this is cool — the market is coming out of the shadows. On the other hand, the retail investors are getting sheared even at the order stage. On Binance, we catch the x's, while the authorities are already preparing wallets for our profits. The main thing is that the next green candle is fat and covers all these taxes!
👇 So, guys, are you ready to fork over a percentage for legality, or will you be looking for ways to keep every satoshi?
🐳Whales are closing long positions and opening short positions in relation to retail
This is further confirmation that the rise of #BTC is likely to slow down and enter a consolidation phase, fluctuating within a range and building structure. This could well take a month or more, but I won't predict the timing.
💭3–8 weeks of sideways movement/correction before the next impulse — quite standard in such cycles.
As for altcoins, such an outcome would be positive, as trading opportunities will arise due to liquidity flowing there.
On June 11, 2016, before the match between the national teams of Russia and England at Euro 2016 in Marseille, a fight broke out between football fans. Hundreds of people were involved in the clash, and dozens were sent to the hospital.
The fans engaged in hand-to-hand combat and threw everything they could find at each other: chairs from cafes, bottles, stones. An Englishman, Andrew Beach, was injured, being beaten with iron rods, including on the head.
French police restored order in the city, and several people from both sides were detained.
As a result of the clashes, three Russians were detained and sentenced to imprisonment for participating in the riots:
- Alexey Yerunov received 2 years, - Sergey Gorbachev — 18 months, - Nikolay Morozov — 1 year.
The men entered the establishment, saw the laid tables, sat down, and calmly began to eat.
Later, the hosts asked if the guests knew that this was a memorial dinner. The tourists were surprised, apologized, and thanked the family of the deceased for the treat.
But the story didn't end there. Two days later, it all happened again — this time with another group of travelers, who once again mistook the memorial for a gastronomic event.
The attempt to hit global trends turned into a real tragedy for Mariyana Barutkina from Yekaterinburg. The girl decided to repeat the viral dance in high heels to the daring track by Nicki Minaj, but one awkward movement turned the impressive video into a hospital room — the blogger suffered a spinal fracture.
The irony is that global popularity did come. Just not the type she dreamed of. Likes and reach are there, but the price is too high.
Currently, Mariyana is under medical supervision, and her case has become a harsh reminder to everyone who is willing to risk their health for a couple of seconds in the feed. Algorithms do not heal. And trends pass faster than consequences.