Cardano has now dropped below $0.20
At the same time, founder Charles Hoskinson says he’s taking a break after warning about failures across the ecosystem.
It’s a reminder that in crypto, strong communities can only carry a market so far.
Eventually, price starts reflecting what’s actually being built.
ADA holders have been through a lot over the past few years.
The question now is whether this is capitulation, or just another stop on the way down. 👀
Bitcoin, Gold, Silver, Stocks selling off due to Trump speech. He is priming the population for a ground invasion. He is making you comfortable with the idea by explaining why Iran is so important to take care of… scary times
JUST IN: BILLIONAIRE ARTHUR HAYES JUST SAID THE LONGER THE US IS INVOLVED IN IRAQ THE MORE LIKELY THE FED IS TO PRINT MASSIVELY
HE'S CALLING FOR $575,000 #BITCOIN. BUCKLE UP 🚀
🚨 Anthropic published a blog post saying Claude can modernize COBOL code and IBM instantly lost $31 billion in market cap.
The post: "Legacy code modernization stalled for years because understanding legacy code cost more than rewriting it. AI flips that equation."
That's IBM's entire business model.
COBOL runs banks, insurance companies, government systems. Written in the 60s-70s. Nobody knows it anymore. Rewriting it costs millions. So companies pay IBM billions to maintain it forever.
Anthropic just said "Claude can do it now."
One blog post. $31 billion gone. This is what AI disruption actually looks like.
Crypto used to be about banking the unbanked. New projects hung their entire business models on this theory: ADA, XRP, XLM, etc.
But what is actually needed to "bank the unbanked"?
A crypto exchange (or wallet) and a stablecoin.
That is the reality of the problem that crypto projects were trying to solve.
GOOOD MORNING CRYPTO!!!
---- TWO IMPORTANT PSAa for you all ----
1. Bitcoin will go a bit lower, bottom later in the year
2. Tech stocks wont be replaced by vibe coded alternatives lol, I AM A BUYER IF THEY ARE AT OR BELOW 200W MA!!
---- END OF PSA -----
🚨🚨🚨
🚨R. TENG: “CRYPTO IS THE CURRENCY OF AI”
Binance CEO Richard Teng says agentic AI will use crypto and stablecoins to book hotels, flights, and make purchases autonomously.
“Crypto is the currency for AI… that’s how it’s going to pan out.”
LATEST: 🏦 Danske Bank has ended its 8-year crypto ban and now offers Bitcoin and Ethereum ETPs to customers through its digital platforms, citing increased regulation and growing customer demand.
🚨NEW: ELON MUSK SAYS X MONEY TO LAUNCH EXTERNAL BETA IN 1–2 MONTHS
Elon Musk confirmed X Money is live in internal beta and will roll out to a limited external beta within 1–2 months before expanding globally, making it the central hub for monetary transactions across X.
... they begin charging you for it, they will become extremely profitable. Not to mention the level/depth of personal information they will gain access to during that period — and the many different ways they will find to monetize it.
Here’s the English translation:Google wasn’t profitable either when they launched their search engine and Gmail. Similarly, AI companies currently aren’t profitable, but once their product starts replacing your doctor, lawyer, and so on, and in 5–10 years ....
I am confused by the Ai business model. Ai needs hundreds of billions of $$$ for infrastructure, none of them are profitable.
They need people paying $20 per month for it. At the same time Ai is making their jobs obsolete.
How does the infrastructure get renewed? 5 year hardware lifespan?
LATEST: 🏦 BlackRock is partnering with Uniswap Labs and Securitize to bring its $2.4 billion BUIDL fund to UniswapX, marking its first direct DeFi move.
Your AI hates Whites & Asians, especially Chinese, heterosexuals and men.
This is misanthropic and evil. Fix it.
Frankly, I don’t think there is anything you can do to escape the inevitable irony of Anthropic ending up being Misanthropic. You were doomed to this fate when you chose your name.
The Name of the Wind.