Nehal Shah

Cryptocurrency Expert | YouTuber | Community Manager
💰 Teaching you how to become a consistently profitable trader and achieve financial freedom.

[Nehal Shah @PopeDaDon256]

📉 From $218M to ZERO: The collapse of a Bitcoin treasury experiment.

The 1-year chart of Satsuma Technology PLC (LSE: SATS) is a brutal graveyard. After peaking near 14.00 GBX last summer, the stock has crashed over 99%, now rotting at just 0.209 GBX.

The short-lived illusion has officially come to a bitter end.

🚨 What happened?
Less than a year ago, SATS was the poster child of the UK corporate Bitcoin treasury movement, raising an oversubscribed $218M backed by giants like Pantera, ParaFi, and DCG to stack sats.

But high-cost basis buying, steep stock-to-NAV discounts, and frozen capital access turned the leverage mechanism directly against them.

⚠️ The Big Liquidation:
This week, shareholders revolted and voted 90.6% in favor of throwing in the towel. The company will now:
• Shut down all trading operations immediately
• Liquidate its remaining 668 BTC (~$44.5M)
• Return remaining capital to burned investors
• Officially DELIST from the London Stock Exchange by mid-September.

💡 The Brutal Reality:
The "MicroStrategy Copycat" model only works under 3 strict pillars: a rock-bottom BTC cost basis, a strong stock premium, and infinite capital access. Break just one link, and the entire doom loop triggers.

Wall Street and crypto whales are learning the hard way—if you want Bitcoin exposure, sometimes buying the spot ETF or actual BTC is a lot safer than backing an unstable proxy entity.

Is the corporate BTC treasury trend undergoing a painful structural reset? 👇

#Bitcoin #SATS #LSE #CryptoNews #Stocks #Liquidation #MicroStrategy

[Nehal Shah @PopeDaDon256]

Galaxy Digital on Tuesday launched a Bitcoin Quantum Readiness Initiative, pledging up to $5 million in developer grants, a research program, and a new advisory council to help harden the network against the eventual arrival of powerful quantum computers.

The Nasdaq-listed firm said the multi-pillar effort will fund work on post-quantum cryptographic solutions, publish analysis through Galaxy Research, and convene a Quantum Advisory Council whose inaugural members include University of Calgary professor Barry Sanders, MIT Sea Grant Knauss Fellow Damien Bérubé, and Boston University computer science professor Eran Tromer. Galaxy said it expects to begin accepting grant applications immediately.

[Nehal Shah @PopeDaDon256]

If you'd bought Solana (CRYPTO: SOL) three years ago, you'd be sitting on impressive gains. The cryptocurrency is up 175% over that time frame (as of July 16). But like most cryptocurrencies, it's in a slump right now, down 71% from its all-time high in January 2025.
It's anybody's guess what the next three years could look like for Solana. Back in 2023, VanEck forecast Solana's valuation in 2030, with a bear case of $10 and a bull case of $3,200. Such a wide range reflects a cryptocurrency investment with quite a bit of potential but also serious risks.

[Nehal Shah @PopeDaDon256]

One of the biggest proponents of this comprehensive new crypto legislation has been Bessent. The Treasury secretary has been urging Congress to pass the new legislation this year, and originally set a deadline of July 4. There's still a chance that it gets passed before the midterm elections.

While the Clarity Act will give a huge boost to the entire crypto market, the biggest effects could be felt by companies such as Circle. That's especially true if issuers can offer a generous yield on stablecoins to passive investors. Some have even conjectured that this could result in tens of billions of dollars moving out of traditional bank deposits and into stablecoins such as USDC.

[Nehal Shah @PopeDaDon256]

Citadel Securities has invested $400 million in https://t.co/TCbk7iGlig at a $20 billion valuation, marking the crypto exchange's first-ever institutional funding round and the latest sign of Wall Street's deepening embrace of digital assets.

Announced Thursday, the deal hands the market maker founded by billionaire Ken Griffin a stake in the Singapore-based exchange, which said the money will speed its expansion into "all asset classes, including tokenized securities and derivatives." Founded in 2016, https://t.co/TCbk7iGlig had never taken on institutional capital before.

[Nehal Shah @PopeDaDon256]

Three altcoins enter the weekend trading near record highs (ATH), led by LEO Token, which sits closest to a fresh peak. WhiteBIT Coin and Rain complete a list picked on one rule, proximity to all-time highs.
The selection follows the same criterion as last weekend's edition. These are the big and mid-cap coins nearest their previous peaks, with Fibonacci levels marking the path higher and the support that would invalidate each setup.

[Nehal Shah @PopeDaDon256]

Numerai (CRYPTO: $NMR) has completed a third strategic buyback of Numeraire, purchasing another $1.2 million of NMR as the crowdsourced hedge fund expands its assets, contributor base and onchain incentive system.

The latest transaction lifts Numerai's total NMR repurchases to $3.2 million in less than a year. The company said the buyback was executed through Coinbase Institutional at or near the bid price over several weeks, allowing it to accumulate tokens without placing abrupt pressure on the relatively thin market.

[Nehal Shah @PopeDaDon256]

Robinhood Markets (NASDAQ: $HOOD) is trying to turn its 27.6 million funded customers into an onchain distribution advantage as Robinhood Chain moves beyond its opening burst of memecoin trading.

The Ethereum layer-2 network generated about $878 million in decentralized exchange volume on July 12, briefly overtaking Base and Ethereum. Much of that activity came from speculative tokens rather than the tokenized stocks and exchange-traded funds that anchored Robinhood's original pitch.

[Nehal Shah @PopeDaDon256]

Robert Kiyosaki said he bought more gold and silver during the latest pullback, echoing Jim Rogers with a blunt forecast on July 17 that both metals are headed higher.
The author of "Rich Dad Poor Dad" frames the retracement as an opportunity, though critics see familiar risks.

[Nehal Shah @PopeDaDon256]

BitMine Immersion Technologies Inc. (NYSE:BMNR) Chair Tom Lee made a case on Thursday that Ethereum (CRYPTO: ETH) is bottoming and entering the next phase of mainstream adoption

[Nehal Shah @PopeDaDon256]

https://t.co/TCbk7iGlig has secured a $400m investment from market maker Citadel Securities.

The deal values the cryptocurrency exchange at $20bn, according to a company statement. The transaction also marks its "first institutional funding round" in its decade-long history, it added.

https://t.co/TCbk7iGlig co-founder and CEO Kris Marszalek said: "We are thrilled to work with Citadel Securities to continue driving the crypto industry into a new era of institutionalisation.

[Nehal Shah @PopeDaDon256]

Citadel Securities has invested $400 million in https://t.co/TCbk7iGlig, valuing the exchange at $20 billion. It is the first institutional capital the platform has raised since launching in 2016.
The check stands out against a sharp pullback in crypto fundraising. Deal counts have collapsed even as a few large platforms continue to attract nine-figure investments.

[Nehal Shah @PopeDaDon256]

Crypto's total market capitalization fell 12.6% in the second quarter of 2026, yet two segments moved in the opposite direction. Prediction markets and tokenized collectibles both posted strong growth while every other tracked sector contracted.
The wider market dropped to $2.1 trillion, its third straight quarterly decline. Bitcoin (BTC) and Ethereum (ETH) underperformed amid capital outflows from the sector.

[Nehal Shah @PopeDaDon256]

📊 #BTC Intraday Update (July 16, 2026)
Bitcoin is currently holding strong at $83,475 SGD. After a sharp dip towards the $83,000 support level early this morning, we saw a solid afternoon recovery.
Testing local resistance now. Are we pushing higher or consolidating here? 📈
#Crypto #Bitcoin #BTCUSD #Trading #Web33

[Nehal Shah @PopeDaDon256]

Bitcoin slips slightly this morning in SGT hours, currently holding at $83,413.18. Watching the charts closely as it tests local support levels. 📉📊
#BTC #Bitcoin #Crypto #CryptoTrading #SGT

[Nehal Shah @PopeDaDon256]

📊 $BTC Intra-day Market Update
Bitcoin shows strong resilience today, printing a classic higher-low pattern on the daily chart.
• Current Price: $81,200 SGD 🇸🇬
• Daily Low: ~80,550 SGD (Found strong support pre-noon)
• Trend: Bullish momentum accelerating into the evening session
The bulls successfully defended the morning dips and pushed price action back to daily highs. Volume expanding on the latest leg up.
Are we breaking out tonight? Watch the 81.3k resistance zone. 📈
#BTC #Bitcoin #Crypto #CryptoTrading #Singapore

[Nehal Shah @PopeDaDon256]

Europe's crypto market is large enough for licensing to change the competitive map. Chainalysis said regional crypto volumes recovered to a monthly peak of $234 billion in December 2024, while Germany, France, the United Kingdom, and other major European markets each received hundreds of billions of dollars in crypto value between July 2024 and June 2025.

[Nehal Shah @PopeDaDon256]

A closing price above $2.19 trillion would indicate market strength, while unexpected hawkish comments could cause the market to decline to $2.10 trillion, and then fall to $1.99 trillion.

Double Catalysts: June CPI data and Warsh's testimony are both scheduled for release on July 14th.

Upper Range: The $2.19 trillion resistance level has been repeatedly tested since July 7th.

Downside Trigger: Hawkish comments open with expectations of $2.10 trillion, followed by $1.99 trillion.

[Nehal Shah @PopeDaDon256]

📈 $BTC Intraday Flash: Bulls defending the floor.
Bitcoin rebounds to $80,822.65 (SGT) after tapping a morning low near $80,570 at 8:40 am.
📊 Chart Highlights:
🛡 The Bottom: Found strong local support at $80,570 following an early morning dip.
🚀 The Peak: Staged a sharp recovery to hit a morning high near $80,960 at 9:25 am.
🔄 Current State: Experiencing a minor consolidation near $80,820 with stabilizing buyers.
The intraday trend is trying to print higher lows. Can bulls sustain this upward push and reclaim the $81k resistance zone next? 📊👇
#Bitcoin #BTC #CryptoTrading #CryptoNews #BitcoinPrice

[Nehal Shah @PopeDaDon256]

📊 $BTC Intraday Analysis: Bears leading the narrative.
Bitcoin trades at $81,270.36 (SGT), extending its downward correction from morning peaks.
📉 Key Technical Levels:
🔴 Resistance: Faced intense selling pressure near $83,100 around 8:30 am.
📉 The Breakdown: A sharp liquidation wave before noon dragged the price below the $82,000 psychological level.
🛡 Support: Currently consolidating within a tight range, holding above the local support floor at $81,000.
Volume has tapered off during the late afternoon session. A decisive break below $81k could trigger further downside, while bulls need to reclaim $82k to regain control. 📊👇
#Bitcoin #BTC #CryptoTrading #CryptoNews #BitcoinPrice