Senator Lummis has announced her new role as Chair of the Senate Banking Subcommittee on Digital Assets, marking a historic milestone for U.S. blockchain and crypto policy.
Her commitment to fostering bipartisan legislation aims to establish a comprehensive legal framework for digital assets while strengthening the U.S. dollar with a strategic Bitcoin $BTC reserve.
The Injective team, including founder Eric Chen, recently met with her team in Washington, D.C., to advance the conversation around blockchain innovation and decentralized finance. This leadership positions the U.S. at the forefront of global financial innovation, and Injective remains dedicated to building the future of finance on-chain.
The future of finance is here—and it’s being built on Injective.
$BTC is up nearly 600% from the 2022 lows
If you've made more than 600% since 2022, you've outperformed 99% of the market.
This is why I say that if you're not a profitable trader, holding $BTC is the best thing you can do.
Acting Chairman Mark T. Uyeda launched a crypto task force dedicated to developing a comprehensive and clear regulatory framework for crypto assets. Commissioner Hester Peirce will lead the task force. For more: https://t.co/cImOILB7HG
1. For stress: eat banana
2. For good skin: eat lemon and apple.
3. For good eyes: eat carrot
4. For cough: eat pineapple
5. For diarrhea: eat coconut
6. For good gut: eat cabbage.
7. For hydration: eat cucumber.
8. For good kidney: drink 2-3 liters of water a day.
9. For good heart: eat avocado and beans
10. For good prostate: eat tomato and Sour sop
11. For more red blood cells: eat beetroot.
12. For good erection: eat watermelon.
13. For strong bones & immunity: eat eggs and fish.
Eat fruits today, Repost for others!
The $TRUMP launch has changed the fabric of crypto in many ways.
But it's not as simple as "bullish" or "bearish".
It's nuanced, with clear bullish implications - and clear bearish ones.
Here are both sides, broken down.👇
Pros:
• Bullish $SOL - chosen as "America's chain"
• Solidifies Trump's pro-crypto position - endorsement on the biggest stage
• Odds of SBR, pro-crypto policy now higher? Could be a positive tailwind for $BTC, RWA, DeFi and alts which are most impacted
• May accelerate net new inflows (Moonshot hitting #1 on the app store is an example of this) - it will get even more exposure next week once it hits mainstream media
• Opens the door for more launches/innovation/crypto capital inflow in the US - clear "green light" signal (argument can also be flipped in reverse which we'll discuss in the "cons" section)
Cons:
• Liquidity suck (the higher $TRUMP goes, the more liquidity is sucked from on-chain alts)
• Makes crypto look bad in congress (could this actually impede Trump's ability to pass legislation?)
• Incentivises more meme launches, will more celebs/public figures follow suit? (leads more dilution overall, also more exposure and onboarding - double-edged sword)
• Accelerates the cycle (typically rising volatility happens in the lead up to the climax) - I think the odds we're approaching a top have significantly increased vs 1-2 weeks ago
• Bearish $ETH - this is an obvious one, but the SOL/ETH trade has clearly strengthened and will lead to further capitulation
This is my mental framework I'm operating under for now, we'll get even more info over the next 1-2 days once Trump speaks/we see what initial steps he takes in his first few days of presidency.
I'll post an updated framework as things evolve (adaptivity is especially key in this environment). Eyes glued to the screen for the next few days.
Reading the timeline about TRUMP is such an in-your-face reminder that you’ll never have “enough” if you don’t have enough right now
The amount of cope and agony from people who literally have a networth well into the tens of millions about missing another trade and another opportunity to make “more” is wilding
If you have $1m and don’t feel like you have enough, you probably won’t feel like you do at $5m or $10m
If you have $100k and don’t feel like you have enough, you probably won’t feel like you do at $500k or $1m
If you have $10k and don’t feel like you have enough, you probably won’t feel like you do at $50k or $100k.
And so on.
I heard a great mindset hack the other day that I think is applicable to times like this:
Whenever something bad or unexpected happens or occurs, and you feel bad, do one of two things
Ask yourself “can I do something about it?” and if you can, do something about it
If there’s nothing you can do, then think about something you have that you can be grateful for and focus on that for a moment
Kind of insane how well this works at improving your mental mood if you regularly do this
Source: trust me bro, have been refinding my zen lately 🧘♂️
➮ Before I start this mega-thread...
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That’s why I’ve got something for you:
Stop trying to be Mr. Beast.
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