Bitcoin

Trump Crypto advisor and Nakamoto CEO David Bailey posted on X that he will purchase $1 billion worth of BTC tomorrow. He wrote: "Ever since I first encountered Bitcoin, I have dreamed of buying $1 billion worth of Bitcoin in one go. Tomorrow, that dream will come true."

With his own money or with Nakamoto money?
 
Over 200 million in Ethereum shorts liquidated on Friday. At the time of writing this, Ethereum is at $4,299. When it hits $4,400, 928 million worth of shorts will have been liquidated.
 
Ethereum broke $4,400 triggering another significant liquidation. If it goes 5k for a new ATH, we’re looking at 2.35 Billion dollars worth of liquidation.
 
Treasury Chief Bessent reverses stance, says U.S. will buy Bitcoin.

In a sharp reversal from remarks made just 24 hours ago, U.S. Treasury Secretary Scott Bessent now says the federal government is committed to exploring ways to acquire more Bitcoin for its Strategic Bitcoin Reserve.

In a post on X (formerly Twitter), Bessent wrote:

“Bitcoin that has been finally forfeited to the federal government will be the foundation of the Strategic Bitcoin Reserve that President Trump established in his March Executive Order.

In addition, Treasury is committed to exploring budget-neutral pathways to acquire more Bitcoin to expand the reserve, and to execute on the President’s promise to make the United States the ‘Bitcoin superpower of the world.’”
 
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