JUST IN: Elon Musk says SpaceX is going to put a literal Dogecoin, $DOGE, on the moon potentially as soon as next year.

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JUST IN: After CZ dismissed the idea of a crypto supercycle, Binance is now facing technical issues with user withdrawals, according to the company’s official statement.

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Vitalik has sold $830,440 in $ETH today.

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🗡️ Scar tissue is crypto capital

After enough “existential threats,” each cycle feels less terminal.

The early shocks were brutal. Later ones were still violent, but easier to process.

Not because they were smaller, but because the brain had adapted.

➡️ Mt Gox was pure shock. Too stunned to even react.

➡️ Bitfinex looked like the end. Instead it produced the redemption token playbook and shaped Tether’s origin.

➡️ The post-ICO collapse was the real pain. Alt illusions died. Discipline was forced.

➡️ March 2020 was extreme. Industry survival came down to infrastructure choices. Mentally it hurt less after the 2018–2019 grind.

➡️ FTX was cinematic. Funds were pulled early. It reinforced a simple rule: founders leak signals if you watch behavior, not words.

Every cycle leaves scar tissue.
In crypto, scar tissue turns into antifragility. Better priors. Faster reflexes. Cleaner counterparty rules.

Experience does not compress.
Time is the one leverage nobody can liquidate.

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All the best times to buy crypto.

Feel like the absolute stupidest times possible to buy crypto.

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🫡 L2 as we knew it is over

Vitalik Buterin said the old idea of “L2 = simple Ethereum scaling” no longer holds.

Ethereum L1 is scaling on its own. At the same time, many L2s are moving too slowly toward full trust minimization.

➡️ If an L2 brings real new properties, it earns its place
➡️ If it doesn’t, it should be treated as a more independent network, not an Ethereum extension

The market will have to reprice what “being an L2” actually means.

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The amount of funds VCs pumped into L2s is astronomical

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This is what the Fear and Greed Index looks like under Trump.

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If market gives you hours at your entry, your entry is probably shit.

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Vitalik Buterin sold roughly 6% of his ETH over the past 2 days, reducing his balance from about 241k ETH to 227k ETH.

The move came right after his public comments that the old “L2 as simple Ethereum scaling” model is effectively over.

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We don't really recommend borrowing to buy risk assets, unless you really know what you are doing.

But this person, did a great job.

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JUST IN: Bitcoin fell below the estimated electrical cost of mining one $BTC, currently around $71,000, with total mining costs estimated at $87,000–$96,000

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Andrew Tate buys $2M worth of Bitcoin

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📣 Thiccy explains why he still couldn’t leave Crypto after ‘making it’

➡️ “When I hit that number, I couldn’t work with the same passion. I was like, what’s the point of this? I took six months off in New York and was doing hobbies, meeting friends, and the real world moves so slowly that I don’t get as much fulfillment from hanging out in it. It feels 10 years behind”

➡️ “I’m so used to a constant dopamine flow and the evolution of ideas and information on the internet that I realized the frontier of humanity is here”

➡️ “There isn’t a more fast-paced, high stakes game. The smartest people are playing games on the internet”

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💥 $2.6B liquidations hit crypto in 24 hours

The market saw $2.6B in liquidations over the last day. About $2.2B came from longs.

Fear and Greed Index dropped to 9, deep in extreme fear.

This kind of flush usually comes from forced selling. Leverage gets wiped, bids disappear fast, and price overshoots on panic rather than logic.

Your move in this selloff?
👍 Buy
👎 Sell
🤝 Just want breakeven and forget this ever happened

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📣 US Congress probes Trump-linked crypto firm

The US Congress has launched an investigation into World Liberty Financial, a company linked to the Trump family.

The trigger was reports of a possible undisclosed deal involving the sale of 49% of the company for $500M to a structure connected to Abu Dhabi.

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🔽 Cardano founder says he’s down over $3B in this cycle

Charles Hoskinson said during a livestream called “Red Days” that his personal crypto holdings are down more than $3B as the market sold off.

The drawdown came with $BTC slipping below $66,000 and $ADA falling to about $0.25, roughly 92% below its 2021 peak.

Hoskinson said he has not cashed out and framed the loss as proof of long term commitment to crypto. He contrasted his situation with past industry scandals and stressed having real skin in the game.

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