Trump's plan for our economy: make U.S. "crypto capital of the planet"

[SandraMaus]

Web 3 is doing great
https://www.web3isgoinggreat.com/

 

[SandraMaus]

cRyPtO rEserVeS

Bitcoin slides to six-month low as risk off tone grips markets



Crypto is far too volatile to function as currency, and as an investment its value is backed by absolutely nothing. Typical financial bubble.

Crypto needs a stable internet to work. But that might not be a given in the future. If we don't find a sustainable way for mining crypto we might used up the energy to run a stable internet mining crypto

 

[MajorRewrite]

Bitcoin and other cryptocurrencies continue to slide. Oddly, Crooked Donnie hasn’t mentioned his “cryptocurrency reserve” idea in a while.

Bitcoin Plunges to Below $86,000 in Risk-Off Start to December

The crypto market is on shaky ground after a weeks-long selloff that began when some $19 billion in levered bets were wiped out in early October, just days after Bitcoin set an all-time high of $126,251. The original cryptocurrency shed 16.7% of its value in November, but a let-up in the selling pressure saw it regain ground last week, rising to above $90,000.

After the latest bout of selling on Monday, traders are bracing for bigger moves lower.

“It’s a risk off start to December,” said Sean McNulty, APAC derivatives trading lead at FalconX. “The biggest concern is the meagre inflows into Bitcoin exchange traded funds and absence of dip buyers. We expect the structural headwinds to continue this month.

cRypTo ReServEs

 

[MajorRewrite]

Republicans have stopped talking about their plans for a crypto reserve scam. Thank goodness.

Crypto winter could spur 'Darwinian phase' for digital asset treasury companies

Over 180 public companies currently hold crypto on their balance sheets, with roughly 100 of that total having followed some version a the playbook that Strategy (MSTR) co-founder Michael Saylor pioneered in 2020 by issuing debt and equity to rapidly accumulate bitcoin.

The approach gained favor earlier this year when bitcoin prices were on the rise, with investors betting on bullish trends for crypto under the Trump administration.

Strategy's stock has fallen roughly 40% since bitcoin's Oct. 10 liquidation.

Investors have punished Strategy's imitators even worse over the past month. KindlyMD (NAKA) has tumbled 39%. Eric Trump's American Bitcoin (ABTC) is down 60%. Anthony Pompliano's ProCap Financial (BRR) has fallen 65%.

FAFO.

 

[MajorRewrite]

Crypto bros have promoted cryptocurrency as secure. Yeah, not so much …

North Korea just had its biggest year ever stealing cryptocurrency

North Korean hackers had their biggest year yet for stealing cryptocurrencies in 2025.

Cyber attackers sponsored by the rogue regime have swiped over $2.02 billion in crypto since January, according to the latest findings from blockchain analytics firm Chainalysis.

Through early December, the Chainalysis report shows thieves supported by North Korea have stolen over 50% more in crypto this year than in 2024, bringing their total identified haul from crypto theft since 2016 to $6.75 billion.