infinityhedge
ETHEREUM FOUNDATION ESTABLISHES NEW MULTISIG WALLET FOR DEFI PARTICIPATION, WILL TRANSFER 50,000 ETH *The wallet address is 0x9fC3dc011b461664c835F2527fffb1169b3C213e *The EF will use this new wallet to participate in the DeFi ecosystem.
Ethereum Foundation Treasury has deployed:
- 10,000 ETH into Spark
- 10,000 ETH into Aave Prime
- 20,800 ETH into Aave Core
- 4,200 ETH into Compound
EF: More to come, including exploring staking. If you have suggestions or ideas for future deployments let us know!
- 10,000 ETH into Spark
- 10,000 ETH into Aave Prime
- 20,800 ETH into Aave Core
- 4,200 ETH into Compound
EF: More to come, including exploring staking. If you have suggestions or ideas for future deployments let us know!
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JPMorgan says Tether may need to sell bitcoin to comply with proposed US stablecoin regulations: TheBlock
JPMorgan analysts estimate that only 66%β83% of Tetherβs reserves comply with proposed U.S. stablecoin regulations, potentially requiring asset restructuring.
Tether CEO says 'salty' JPMorgan analysts discount his company's $20 billion group equity in their analysis of its reserves
JPMorgan analysts estimate that only 66%β83% of Tetherβs reserves comply with proposed U.S. stablecoin regulations, potentially requiring asset restructuring.
Tether CEO says 'salty' JPMorgan analysts discount his company's $20 billion group equity in their analysis of its reserves
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infinityhedge
FED'S POWELL: I'M LOOKING FOR PPI DATA TOMORROW FOR READTHROUGH TO PCE FED'S POWELL: OFFER A NOTE OF CAUTION ON TODAY''S CPI READING; WE TARGET PCE INFLATION WHICH IS A BETTER MEASURE
US PPI YOY ACTUAL 3.5% (FORECAST 3.3%, PREVIOUS 3.3%)
US PPI MOM ACTUAL 0.4% (FORECAST 0.3%, PREVIOUS 0.2%)
US CORE PPI MOM ACTUAL 0.3% (FORECAST 0.3%, PREVIOUS 0.0%)
US CORE PPI YOY ACTUAL 3.6% (FORECAST 3.3%, PREVIOUS 3.5%)
US PPI MOM ACTUAL 0.4% (FORECAST 0.3%, PREVIOUS 0.2%)
US CORE PPI MOM ACTUAL 0.3% (FORECAST 0.3%, PREVIOUS 0.0%)
US CORE PPI YOY ACTUAL 3.6% (FORECAST 3.3%, PREVIOUS 3.5%)
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CZ: I am just posting my dog's picture and name. I am NOT issuing a meme coin myself. It's up to the community to do that (or not). I will likely interact with a few of the more popular meme coins on BNB Chain (BSC)
https://x.com/cz_binance/status/1890071433214038103
https://x.com/cz_binance/status/1890071433214038103
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TRUMP SIGNS MEMO TO IMPLEMENT RECIPROCAL TARIFF PLAN, TARGETING COUNTRIES WITH LARGE U.S. TRADE SURPLUSES
TRUMP: SENDING COMMODITIES THROUGH OTHER COUNTRIES TO AVOID TARIFFS WILL NOT BE ACCEPTED
TRUMP: TARIFF PLAN WILL INCLUDE TARIFFS, VAT, AND OTHER BARRIERS; VAT TAX WILL BE VIEWED AS A TARIFF; WILL CONSIDER COUNTRIES THAT USE VAT; PROVISIONS WILL BE MADE FOR NON-MONETARY TARIFFS
WH OFFICIALS HOPE TO DISCUSS WITH OTHER COUNTRIES, AND IF OTHER COUNTRIES WANT TO LOWER TARIFFS, TRUMP IS VERY WILLING TO LOWER TARIFFS
TRUMP: EXPECTS A LOT OF COUNTRIES' TARIFFS TO STAY THE SAME. I DON'T EXPECT ANY EXEMPTIONS OR WAIVERS.
LUTHNICK: TRUMP MAY LAUNCH A RECIPROCAL PLAN BEFORE APRIL 2
WH official: Tariffs would be customized for each country, meant to offset not just their own levies on US goods but also non-tariff barriers nations impose in the form of unfair subsidies, regulations, VAT, exchange rates & other factors that act to limit US trade.
*Trump's decision not to implement tariffs right away could be seen as an opening bid for negotiation.
TRUMP: SENDING COMMODITIES THROUGH OTHER COUNTRIES TO AVOID TARIFFS WILL NOT BE ACCEPTED
TRUMP: TARIFF PLAN WILL INCLUDE TARIFFS, VAT, AND OTHER BARRIERS; VAT TAX WILL BE VIEWED AS A TARIFF; WILL CONSIDER COUNTRIES THAT USE VAT; PROVISIONS WILL BE MADE FOR NON-MONETARY TARIFFS
WH OFFICIALS HOPE TO DISCUSS WITH OTHER COUNTRIES, AND IF OTHER COUNTRIES WANT TO LOWER TARIFFS, TRUMP IS VERY WILLING TO LOWER TARIFFS
TRUMP: EXPECTS A LOT OF COUNTRIES' TARIFFS TO STAY THE SAME. I DON'T EXPECT ANY EXEMPTIONS OR WAIVERS.
LUTHNICK: TRUMP MAY LAUNCH A RECIPROCAL PLAN BEFORE APRIL 2
WH official: Tariffs would be customized for each country, meant to offset not just their own levies on US goods but also non-tariff barriers nations impose in the form of unfair subsidies, regulations, VAT, exchange rates & other factors that act to limit US trade.
*Trump's decision not to implement tariffs right away could be seen as an opening bid for negotiation.
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TRUMP: WOULD LOVE TO HAVE RUSSIA BACK IN G7
TRUMP: WANT TO TELL XI, PUTIN LET'S CUT MILITARY BUDGET IN HALF
TRUMP: NO REASON TO BUILD NUCLEAR WEAPONS; HAD BEEN TALKING ABOUT DENUCLEARIZING AND WE ARE GOING TO DO IT
TRUMP: WANT TO TELL XI, PUTIN LET'S CUT MILITARY BUDGET IN HALF
TRUMP: NO REASON TO BUILD NUCLEAR WEAPONS; HAD BEEN TALKING ABOUT DENUCLEARIZING AND WE ARE GOING TO DO IT
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Anyone Can Push Updates to the DOGE Website: 404media
The doge.gov website that was spun up to track Elon Muskβs cuts to the federal government is insecure and pulls from a database that can be edited by anyone.
Still live on website here: https://doge.gov/workforce?orgId=1&ref=404media.co
The doge.gov website that was spun up to track Elon Muskβs cuts to the federal government is insecure and pulls from a database that can be edited by anyone.
Still live on website here: https://doge.gov/workforce?orgId=1&ref=404media.co
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ETH Pectra Testnet Announcement: ETH
*It will go live on Holesky at 21:55 UTC Feb. 24, and then on Sepolia at 7:29 UTC Mar. 5
*It will go live on Holesky at 21:55 UTC Feb. 24, and then on Sepolia at 7:29 UTC Mar. 5
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*ABU DHABI'S SOVERIGN WEALTH FUND BOUGHT $436M OF BITCOIN ETFS IN Q1: 13F
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TSMC CONSIDERS OPERATING US INTEL FACTORIES AFTER TRUMP REQUEST
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MUSKβS XAI DISCUSSES $10 BILLION RAISE AT $75 BILLION VALUATION
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FIGURE AI HUMANOID STARTUP IN TALKS FOR $40B VALUATION
Backed by OpenAI and Microsoft, Figure is discussing a $1.5 billion funding round.
EARLIER: META PLANS MAJOR INVESTMENT INTO AI-POWERED HUMANOID ROBOTS
Backed by OpenAI and Microsoft, Figure is discussing a $1.5 billion funding round.
EARLIER: META PLANS MAJOR INVESTMENT INTO AI-POWERED HUMANOID ROBOTS
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Every great cause begins as a movement, becomes a business, & eventually degenerates into a racket
This industry went from we are going to fight the state building decentralised cyberpunk future
..into begging CZ, Nazi Ye, Mark Cuban, Mr. Beast, Joe Rogan & many others to launch a meme..
..to getting rugged by kols, cabals, in the name of cancer, Ansem, Murad's supercycle list, Andrew Tate, logal paul, Haliey Welch, 15 year old kid, Iggy Azalea, AI agent memes, enron (yes again), trump's pastor (?), Dave Portnoy, state officials, celebrities, the First Lady, president of Central African Republic, Argentina, & USA
*Money extracted from memes on solana: $5B+ (this excludes CEXs & other chains) so, real number could be $10B+ or $15B+ we don't know actual number but it's way above $5B obv...
ICYMI: meme playbook: There are Contracts where unknown party pays these celebrities/kols some money upfront & rest after they post on X & post remain up for x amount hours and they can later post "my account was hacked," or "we are not related to this", etc.. so, in almost 100% of the cases it's either really hacked or it's contract kols/cabals pushing shitcoins
These aren't market cycles anymore - they're market seizures. When you need to be glued to your screen every second just to avoid being "late," something's fundamentally broken.
Constant rotation, the 24/7 FOMO, the endless parade of "next big things" it's exhausting even the most seasoned folks.
Now, this burning out builders who are chasing a dragon that doesn't exist. Real projects can't compete with pump-and-dumps masquerading as "communities."
Some Hard Truths:
*It's not scammers/insiders fault, they doing what they supposed to do, it's your/community/projects fault who made celebrities/kols/cabals leaders of this space. Stop giving spotlight to them.
*Stop making memes priority over everything else happening in the space
*This isn't sustainable
*The intention of most launches these days is to purely steal.
*Criminals & crime are not a +ve for crypto. They shouldn't be glorified & their posts liked & promoted.
*Centralised Exchanges needs to give some damm about reputation instead of extracting fees, volumes and listing every shit that's going viral for few hours, you are regulated & centralised for a reason.
*If people on your tl defending this & triggering FOMO, you should unfollow them. They are extracting value from the space & farming you. If u need help with "who to not follow" we know about a list but it's not officially by us so, search around/check grp.
*No-one can rug you if you don't buy their obvious scams & stopped listening to kols/celebrities & obvious scammers on internet....Greed is good... until it isn't...
*Donβt waste your life making some KOL/cabal dork rich.
*do we think this going to change anything? Tbh probably not, you have CZ shilling memes to Coinbase CEO saying there are ~1m tokens/wek so we needs to move from a an allow list to a block list...
h/t π: ColdBloodShill, Finch in flight, & AlejNavia, coffeebreak_YT, infinityhedge ex founder & others
Now, few related reads:
What Really Happened with $LIBRA: https://x.com/DiogenesCasares/status/1890853180897948091
Money extracted from memes:
https://x.com/0xngmi/status/1890783855054831910
memecoins a serious net -ve for society: https://x.com/0xngmi/status/1890708635208282326
Responses from projects:
https://x.com/KIPprotocol/status/1890844030235561984
https://x.com/KelsierVentures/status/1890914583910449505
Meteora https://x.com/hellochow/status/1891341548115149190
https://x.com/JupiterExchange/status/1891181433588470052
MUST WATCHβ οΈ
*Coffezilla's interview on $LIBRA https://youtu.be/EqizJTbxAEM
Now, we will read some quotes for sound mind:
*It is difficult to get a someone/community to understand something when their bag depends on their not understanding it
*When the tide goes out, you see whoβs been swimming naked
*The media's/kols/many others job is to sell you the illusion of choice (mute the noise)
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infinityhedge
The Week Ahead | @infinityhedge | tit-for-tat tariffs love week WEEKLY US SPOT ETF Flows: *BTC: +$200M *ETH: +$420M US BTC SPOT ETF Options: *Total OI Call/Put Ratio(Nominal): 2.04 *Total OI Call/Put Ratio(Delta): 3.05 Macro: *Tariffs: Trump to announceβ¦
The Week Ahead | @infinityhedge
*No Bitcoin purchase news expected by MicroStrategy this week
*Trump, Elon Musk Fox News interview; 9PM ET: 18
*FTX repayments; Claims <$50k ~ $1.2B at 10AM ET: 18
*Apple Launch Event: 19
*Binance.US Announcement: 19
*Argentinaβs Javier Mileiβs Libra Token Scandal Fallout
*No Bitcoin purchase news expected by MicroStrategy this week
*Trump, Elon Musk Fox News interview; 9PM ET: 18
*FTX repayments; Claims <$50k ~ $1.2B at 10AM ET: 18
*Apple Launch Event: 19
*Binance.US Announcement: 19
*Argentinaβs Javier Mileiβs Libra Token Scandal Fallout
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DEEPSEEK WEIGHS RAISING OUTSIDE MONEY FOR FIRST TIME - THE INFORMATION
ALIBABA AND CHINESE STATE FUNDS HAVE EXPRESSED INTEREST IN INVESTING IN DEEPSEEK
ALIBABA AND CHINESE STATE FUNDS HAVE EXPRESSED INTEREST IN INVESTING IN DEEPSEEK
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ECB Wants to Establish Blockchain-Based Payment System: BBG
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*SEC LAUNCHES CYBER AND EMERGING TECHNOLOGIES UNIT
*SEC CYBER UNIT WILL COMBAT FRAUD IN CRYPTO AMONG OTHER AREAS
*SEC CYBER UNIT WILL COMBAT FRAUD IN CRYPTO AMONG OTHER AREAS
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SEC STAFF HAS AGREED IN PRINCIPLE TO DISMISS ITS UNLAWFUL ENFORCEMENT CASE AGAINST COINBASE, SUBJECT TO COMMISSIONER APPROVAL: LINK
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*TRUMP EYES TARIFFS TO COUNTER DIGITAL TAXES HATED BY BIG TECH
President Trump is expected to sign a memorandum on Friday that allows for levies in response to digital services taxes imposed by some countries on US tech giants
President Trump is expected to sign a memorandum on Friday that allows for levies in response to digital services taxes imposed by some countries on US tech giants
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