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Charles Hoskinson said during a livestream called βRed Daysβ 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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A user was mistakenly credited with 2,000 $BTC instead of 2,000 $KRW as a random box reward.
The entire Bitcoin balance was sold at market right after.
That dump pushed $BTC on Bithumb about 10% lower than prices on other exchanges.
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That kind of sentiment often sets the stage for a local bounce.
Large buy volumes are being recorded on Coinbase and Binance.
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β€15π₯8π5
JUST IN: Micheal Saylor's $MSTR just pumped 31% in the last 16 hours, adding nearly $10 Billion to its market cap.
They are now sitting at -$3.93 billion in unrealized loss on their Bitcoin position.
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They are now sitting at -$3.93 billion in unrealized loss on their Bitcoin position.
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π₯22β€11π4π€―4β‘1π³1π«‘1
30 million new tokens were created in 2023 - 2025
10x the number vs. 2018 - 2022
50% came from PumpFun and had zero pretense of utility
In that period, total market cap of crypto sans-Bitcoin + stablecoins never exceeded last cycle high.
Itβs basically been one giant closed system for βWeb 3β since 2023.
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10x the number vs. 2018 - 2022
50% came from PumpFun and had zero pretense of utility
In that period, total market cap of crypto sans-Bitcoin + stablecoins never exceeded last cycle high.
Itβs basically been one giant closed system for βWeb 3β since 2023.
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β€17π5π₯3π―2
This guy is in charge of "growth" at Plasma.
His job? Spamming cringe "trillions" while the chart looks like literal aids.
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His job? Spamming cringe "trillions" while the chart looks like literal aids.
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π€£46β€5π2
This was sold for $516,196.99 3 years ago.
Today, itβs worth about 2 bags of chips
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Today, itβs worth about 2 bags of chips
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π€£96β€18π±5π₯3π2
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π€£32β€11π₯3π―3π2
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This guy been buying bitcoin $30 a day DCA and after 7 years, 10 months and 12 days, made it to 1 whole coin.
Total spent $86,370 which now worth $68,692.
What went wrong?
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Total spent $86,370 which now worth $68,692.
What went wrong?
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π€£70β€15π€9π€―4
Forwarded from Venture Capital
Big money for a single URL.
Branding wars in AI are heating up fast.
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Jim Cramer said he has heard that Donald Trump plans to add to a Bitcoin reserve around the $60,000 level.
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JUST IN: Sam Bankman-Fried claims the Biden administration brought bogus charges against him and Donald Trump as political warfare, despite his $40M+ in donations to Democrats in 2022
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β€13π₯4π―2π1
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JUST IN: South Korea opened an investigation into Bithumb after the 620,000 $BTC airdrop error exposed structural vulnerabilities
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