Z crypto - زي كريبتو

🚨 This is the biggest sell-off since Sailor began adopting Bitcoin in 2020

They sold 3,588 $BTC for a value of 225M$ million dollars in two batches to support dividend distributions

And the company approved a plan that allows it to sell up to 1.25B$ billion dollars worth of Bitcoin

They also announced that they recorded unrealized losses in the second quarter of 8.31B$ billion 😐

The market hasn't made a strong bearish reaction and remains steady so far 👌

Stock $SPCXB drops from $225 to $162 at the current price 🔻

Approximate correction of 28% after a strong uptrend following the IPO

From my point of view, the valuation is still very high compared to earnings, and the company is still recording net losses while it continues to incur huge spending on its projects as well. The stock is new after listing, and usually stocks after IPOs go through a period of sharp fluctuations.

From my point of view, I see the price $130 - $120 as a good starting point to buy.

In summary, my long-term outlook on the stock is very optimistic, but currently I am not waiting for the price mentioned above 👆

🚨 Want to know how much BlackRock sold from April 13 until now in Bitcoin and Ethereum?

🌟 On April 13, it posted about its holdings. At that time, the company had 788,927 Bitcoin $BTC

Today it has 738,205 Bitcoin

That means it sold 50,722, which is equal to $3.05B$ billion dollars at the current price

🌟 On April 13, it also had 3.049 million $ETH

Today it has 2.744 million

Meaning it sold more than 300,000 Ethereum, which is equal to 486M$ million dollars at the current price

Bitcoin Dip: It doesn’t matter and it isn’t scary

Rise in Dominance: It doesn’t matter and it isn’t scary

Platform Collapse: It doesn’t matter and it isn’t scary

Selling Funds: It doesn’t matter and it isn’t scary

And this is not the end of the market

But what scares me, in my humble opinion, is the collapse or disaster of the $USDT coin that the whole market depends on

Bitcoin goes down and up, and this always happens—only the USDT if it breaks its link with the dollar, even by a small percentage, we might see a very strong market collapse

In 2022, USDT fell from 1$ to 0.95$ . Bitcoin saw a violent drop from 30,000$ to 25,000$ after USDT proved its strength and handled all the pressure; then Bitcoin returned to 30,000$

The scenario of USDT collapsing is hard for me to see happening again, and it would lose its dollar peg. Now it has become stronger than it ever was

Token $SPCX keeps climbing without a pause from $164 to $201 at the current price

Unfortunately, that opportunity slipped away, and I hesitated to jump in

This surge has pushed Elon Musk's net worth to about $1.4T

Just imagine, the second richest person in the world, Larry Page, the CEO of Google, has a net worth of $300B

Elon Musk outpaces him by more than a trillion dollars 💀💀

🚨 The largest transfer in crypto history happened yesterday, and not many noticed it! 🚨

A whopping $4.4B USDC was transferred from Circle to the Coinbase Hyperliquid deployer.

This is the biggest transfer ever recorded.

Why is this transfer crucial for the Hyperliquid project?

Previously, Coinbase announced a partnership with Hyperliquid, and now they have become the official liquidity provider for coin $USDC . This move has significantly boosted liquidity and will likely impact the price of coin $HYPE .

Keep your eyes on it! 👀👌

The Great SpaceX IPO

$SPCX

The stock is priced at $135 with a massive market cap of $1.76 trillion 😯

This IPO has almost made Elon Musk the first trillionaire in history with a net worth of around $982 billion 💰

The impact of the IPO is somewhat evident on crypto and liquidity is tightening

The Anthropic IPO is coming up and most platforms are leaning towards tokenizing these offerings to keep user engagement and liquidity high. It's a move I honestly see as a good step 👌

🚨 Dark Web of Cryptos 🚨

In my last post, I talked about the task market announced by Pump Fun, and one task has been completed.

It's about getting a tattoo of a coin called Boutywork on the forehead.

An Indian dude did it.

The task owner mentioned that the ad had a typo; the coin's name was supposed to be Bountywork, and the payment to the guy got blocked.

But the Solana community launched a coin featuring the guy who got the tattoo, and within hours, it skyrocketed, raking in $15,000$ in trading fees for it.

The task value was 40 Solana, which at the current price equals 2600$ , but the luck was on their side, and they gathered $15,000$ 😅

Things are starting to spiral out of control, and a lot of people are going to be encouraged to take on even crazier tasks than this one; hope we’re ready for it 😐

In my view, the all-in-one project in the crypto space, whether it's a DeFi project or a decentralized trading platform...

• A well-known team with strong experience

• Zero venture capital (VC) involvement

• A strong community

• Limited supply (Max Supply) or no capped supply but with a disinflationary mechanism that reduces the supply

• No market maker for the token to minimize manipulation

• Team commitments for project updates

• Profit distribution for token holders and buybacks

The harsh truth is that no project has been able to provide all these elements yet; some projects meet some of these criteria.

If a project were to meet all these conditions, it could potentially be the biggest project ever in the crypto space, but it's extremely tough.👌

The hottest crazy coins lately $LAB 🔥🚀

Smashing peak after peak

A sharp drop, hitting the short and long positions hard

Dropped from $28 to $6.3 and then skyrocketed to $16 in just one candlestick 😯

I got an airdrop from it and I'm still super bummed about selling 😂💔

🚨🚨 Saylor just dumped 32 BTC from his stash of 843,706 BTC, marking his first sell-off in 4 years.

This sale amounts to just 0.0038% of his holdings, and in just 6 hours, BTC plummeted from 76000$ to 71400$ .

Additionally, outflows from the funds have contributed to the drop, with liquidity exiting to the tune of 142M$ million dollars.

Retail investors are currently feeling the fear, breaking the strategy of "never sell." Many are expecting to start unloading large amounts as well.

We can take a lesson from Grayscale's previous sell-off and the subsequent rise that followed.

Altcoins have become a significant risk, and most are experiencing substantial to moderate losses.

From my humble perspective, there are still altcoins holding strong with real projects behind them, particularly those from exchanges, including:

$BNB / Binance
$BGB / Bitget
$OKB / OKX

Currently, these exchanges are the ones I see with strong coins backing them, and we can say they reflect their platforms.

Forget about the others, and if you're trading on an exchange you like, share its token; I might analyze it in the future. 👌

🚨 The biggest threat to stocks / crypto / the economy / the world / the universe is Trump 🚨

Trump bought shares of $DELL and recommended it on May 8th, and the stock has surged by 57% so far.

Yesterday, the U.S. government announced a contract worth 9.7B$ billion dollars with DELL.

This is the ultimate power play and insider trading, and no one is holding him accountable.

🚨🚨 Strategy just moved 411 BTC, worth about 30M$ dollars, to Coinbase Prime.

This transfer isn't necessarily a sell-off or liquidation as some might suggest.

• It could be a reallocation to a third party (Custody).

• Redistribution among wallets and other security reasons.

Most investment firms operate this way, even BlackRock itself— not every transfer to Coinbase means a sell-off.👌

🚨🚨🚨

Remember ZachXBT, the guy who was battling some shady projects and scams, helping governments in various investigations?

Just yesterday, an anonymous account dropped a detailed exposé on Zach, revealing who he is and even sharing his picture.

They got the info from a previous lawsuit filed by a well-known figure in the space named Machi Big Brother against Zach for digging into him.

In my opinion, Zach is a solid dude and strong in the game, but he's lost his way lately. The folks who backed him and funneled him cash and bounties are the same ones he's failed to investigate, despite their risks and exploitation in the space.

Sharing his picture is also a huge red flag; it could put his life at risk, and so far, he hasn't responded or come out with a reply.

🔥 Hyperliquid's token just hit a new all-time high 62$ without most of the crowd even noticing.

It reached a market cap of 15B$ billion dollars currently.

The story of the platform's founder is inspiring, and it's considered one of the most profitable companies in the world given they only have 11 employees—no investment firms and no market makers involved.

The platform has faced intense competition but has stood strong, outperforming in daily, weekly, and monthly trading volumes as well.

I mentioned it before around the 40$ area, and in case of a market dip, I see it as a solid buy from this price point 👌.

🚨 When you trade against market makers and platforms, the only winner is the house.

• On Hyperliquid, the annual revenue is $620M$ , and 85% of traders there are in the red.

• Pumpfun has an annual revenue of $424M$ , with 64% of traders losing their shirts.

• Polymarker's annual revenue is $240M$ , and 82% of gamblers on that platform are facing losses.

Our buddy James Waynn made a cool $100M$ in futures trading by raking in commissions from other traders.

He managed to scoop up $PEPE when its market cap was just $600K$ , and he was one of the folks who hyped it up before it skyrocketed, which is why he got so popular.

He also pocketed $100M$ in futures before Bitcoin started its drop from its peak, losing it all in less than a week.

Now, he's launched a decentralized trading platform that anyone can access through Orderly, claiming it's his own and promoting it to attract traders, so he can earn commissions.

With this nasty move from Bitcoin, 209M$ million dollars got liquidated.

206 million dollars liquidated from the longs.

It's just pathetic manipulation with no clear reason so far.

When it comes to meme coins, I'm not a big fan, but one coin has proven itself in my opinion, and that is:

$SHIB

In 2020, an unknown person named Ryoshi launched Shiba with a supply of 1 quadrillion coins. Back then, there were no Pumpfuns or anything; you had complete control over the coin.

He didn't gather investments or get involved with investment firms; it was just him and the coin 👇

1/🧵

He decided to send 50% of the total supply, which is (500 trillion SHIB), to Vitalik Buterin, the founder of Ethereum, without any prior notice, making him the largest holder of the coin.

By May 2021, the market cap of these coins reached 1B$ billion dollars, and Vitalik donated 50 trillion SHIB, worth 100 million dollars, to the COVID relief fund in India.

This is considered the largest donation in cryptocurrency history.

2/🧵

After that, Vitalik burned 410 trillion SHIB (6.7 billion dollars), which increased the value of the coin.

Ryoshi vanished in 2022, leaving only the project behind, and the coin reached its highest market cap of 40 billion dollars 👌

As of now, its market cap is 3.7B$ billion, and I consider it one of the strongest meme coins, with its founder still unknown and no one knows anything about him.