Thank you #Binance and thank you to everyone who supported my journey.
I came to Square with nothing but passion and the desire to help others. This award shows that no matter where you start, your voice can shine if you share with purpose and honesty. I’m very grateful for this platform and for this community 🧡🧡🧡
Since the beginning of the month, 3 crypto exchanges have announced the end of their operations:
AscendEX_ on July 1. @mBitMEX on the 22nd. And BitMartExchange this morning.
These platforms respectively had 7, 11 and 9 years.
We’re talking about exchanges that went through two, sometimes three cycles. Ones that saw Mt. Gox, ICO mania, DeFi Summer, FTX, Terra, Celsius pass by. Ones that were profitable just a few months ago. And now they’re folding.
There are two readings that add up:
The period is tougher than what the price suggests (because it’s also “very quiet”, cf the last youtu.be/TBBS0kX0ztE video).
Then, regulatory complexity has become unworkable for mid-tier players. MiCA in Europe. Elsewhere, the other frameworks weigh on everything. Maintaining a centralized exchange today is becoming very expensive and a heavy burden of obligations
Result: an accelerating consolidation. The massive arrival of regulated giants and institutional players removes the table bread from those who were there before. The market doesn’t shrink—it just changes hands 🙌
$EUL , $QI et $DEXE : three cryptos that each recorded more than a 70% increase over the last 24 hours, while the major cryptocurrencies remain stagnant.
So, what explains this kind of movement?
You need to understand that events affecting the entire ecosystem generally impact major cryptocurrencies first, and their movements then end up pulling a large portion of the market along.
But there will always be exceptions.
Some tokens—especially those with lower market capitalization and liquidity—can completely decouple from the market for a while. Sometimes there is a catalyst specific to the project. Other times, the moves may seem much stranger: low liquidity, concentrated supply, excessive speculation, or possible manipulation.
The takeaway: never confuse relative performance with fundamental strength.
When a token is up +70% while the whole market is flat, the first question shouldn’t be “how high can it go?”, but rather:
“Why is it going up?”
Answering that question will help you truly understand the risk behind the pump.
But the question that really matters isn’t that one. It’s a question that concerns all of us, whether we want it to or not.
Who, today, combines a clear long-term vision, enormous financial resources, a rare ability to execute, and a genuine will to force the fate of the human species?
We’re not talking about commenting on the world. Not about making reports. Not about giving lessons on social media.
We’re talking about transforming it.
We’re facing existential risks: climate, energy, artificial intelligence, conflicts—and above all, the simple fact that civilization still depends on a single fragile planet that may not be as eternal as we think...
Continuing exactly as before isn’t prudence. It’s collective procrastination. It’s leaving our fate in the hands of our blindness and our fear of change.
So yes, I’d rather have a man who puts billions, his reputation, his mental health, and his lifespan on the line to try solutions that may be imperfect, rather than millions of people who are only excellent at explaining why you definitely shouldn’t try anything.
Those who criticize Elon Musk are often right about the details. They’re always wrong about what matters most: none of them would be willing to risk their fortune, their status, and their lives for an ambition that far exceeds their own existence.
Criticizing is easy. Building the future is much less so. So tell me: who else besides Elon Musk is truly trying to change the scale of what humanity can accomplish? $SPCX $TSLA
________ I found it interesting enough to share with you. Credit: @LeContempIateur on X
There will only ever be 21 million $BTC . But fiat, meanwhile, can keep being printed again and again.
So no matter the trade, no matter what you do: if your only goal is to keep chasing profit, profit, yet more profit, there’s a good chance you’ll spend your whole life pursuing it. There will always be another amount to earn.
The most important thing is also knowing when to do what—and when to step back.
It’s Friday. You’ve been looking at the charts all week. Now close them a bit and go get some fresh air. 😂
This Coke might cost just about $1—or less depending on where you are. Grab one, add a few ice cubes, and enjoy. 🥤
Just something like that. Do it.
The markets will still be there on Monday.
Come on, ciao! Have a great weekend everyone, and enjoy it. 🤝🏾
But why doesn’t anyone talk about this common factor between $DEXE and $BANK ?
The audit signal section highlights a risk that the total token supply can be increased, meaning new tokens can be created. This can affect the token price.
DEXE had followed a fairly similar pattern to the one BANK is currently showing: massive pumps over several days, followed by a brutal dump in a single move, interspersed with a very short pause. And BANK seems to have already started its correction with a structure that, so far, shows some similarities.
What you should especially take away is that the mint function adds an additional risk. Unlike a strong visible concentration around just a few wallets, no wallet necessarily needs to hold a massive quantity of tokens from the start: new tokens can be created and then introduced to the market, causing the price to collapse.
Theoretically, reduced available liquidity in the market, like the withdrawals from exchanges observed, could make it easier for an initial massive pump to happen, while a later creation of new tokens could sharply increase supply and intensify selling pressure.
Is this proof that this is what’s going to happen with BANK? No, not a “proof” in the literal sense. But technically, this is what I think. 😂
$BTC just closed three consecutive weeks in the green.
This is only the second time since the start of the bear market that this has happened.
The first time, the move had accompanied Bitcoin from about $60,000 up to $82,000.
And right now, I remain very optimistic.
In my view, if the $57,000 level recently reached does not represent the final bottom of this bear market, then before going after a new low, Bitcoin could first set a new local high.
In other words, I think we still have fairly good odds of seeing a few additional weeks in the green before any potential new bearish impulse appears.
Has anyone checked the token $BANK ’s on-chain activity? Because I did, and I noticed some pretty suspicious things.
If I said this pump could potentially be a new $LAB or $STO , it’s not simply because the token rose that quickly— a fast pump can very well be organic.
I said it because I checked its on-chain activity via Bubblemaps, and some movements alerted me.
About a month ago, two networks of wallets would have withdrawn more than $10 million worth of BANK tokens from Binance. I also identified the same move with Bitget: over $27 million worth of BANK tokens withdrawn to a certain number of wallets. All of this represents more than 14% of the token’s supply.
One possible theory would be to withdraw a large amount of tokens from exchanges, thereby reducing the available supply and making it easier for the price to rise, before potentially sending those tokens back to exchanges to sell.
I’m not saying that’s necessarily what’s happening, but as long as the same clusters control a significant portion of the tokens circulating, I think it’s important to stay very cautious.
The pump can continue. But above all, watch what those wallets do.
On-chain, token movements sometimes tell a story that the chart doesn’t show yet. #HAEDAL
Even in Francophone Africa, where the CFA franc is stable enough not to envy the USD when it comes to inflation, stablecoins still trade at a premium compared to the official FX rate.
And there’s a reason.
Just know that it can be harder to send money from West Africa to Central Africa than to Europe… yet both regions use the CFA franc. 😂
So I wasn’t surprised to read in this Binance Research report that 87% of fiat currencies across Binance’s user base trade at a premium when used to acquire stablecoins, while users in high-inflation economies (above 10%) pay an average premium of 62%.
Stablecoins aren’t only about inflation hedge. They’re also solving access and movement of money.
In my view, this caution regarding the Clarity Act is rather positive. The issue is not simply to adopt the text as quickly as possible in order to meet the expectations of crypto players who want to operate in a more comfortable and predictable regulatory environment. The main goal should be to achieve a framework that is clear and solid enough to function in the long term.
In this context, today’s debates matter. They help bring different viewpoints together, delve into certain still-sensitive points, and potentially improve understanding of the real implications of the text before it is adopted.
The approach taken with the parliamentary recess on August 7 could obviously slow the process. But if this additional time helps refine the regulatory framework and avoid areas of uncertainty that could cause problems later, then it’s not necessarily a bad thing. On a topic so foundational for the future of the U.S. crypto industry, the quality of the framework probably matters more than how quickly it is adopted. $BTC
Yesterday, in the United States, there was a federal hearing to put the CLARITY Act into perspective. This is an important law intended to define the role of each institution when it comes to cryptocurrencies. In short: who regulates what? Who is allowed to weigh in on exactly what?
The United States has a bicameral legislative system, and for a law of this scope to pass, it must be approved by the House of Representatives, and then by the Senate. The House of Representatives has already validated the CLARITY Act. The next step is now the Senate, so the legislative process can move forward.
This is definitely a question that requires a lot of attention, because there are still several points that— even in expert discussions and debates— have not yet been clearly defined.
Personally, I think this is a topic we would like to see move forward as quickly as possible, because regulatory clarification could strengthen trust and further support innovation, especially on the institutional side. When a clear legal framework exists, institutions know much better what they can do, how to adopt these innovations, and how to evolve within the relevant legal context.
What happened yesterday was not a vote. It was simply a hearing meant to bring these issues back to the table, gather experts, and highlight the key points: a kind of consultation, an exchange of viewpoints, and a debate about the future of finance.
So I hope this law can advance very soon. In my view, from an institutional standpoint, having greater clarity on cryptocurrency regulation would be a positive thing for the industry. $BTC #clarityAct