$GOLD ๐ง (vs) S&P500 ๐
+ Implications for #Bitcoin ๐
If #GOLD enters distribution, it's time to accumulate equities and #Crypto. A risk-on market is around the corner moving into 2027 ๐๏ธ
Today, the Algorand Foundation made the difficult decision to reduce our workforce by 25%. This decision was not taken lightly and is in response to the uncertain global macro environment as well as the broader downturn in crypto markets.
These employees have been best-in-class contributors to this ecosystem and to the Foundation, and this was an incredibly tough decision. We are sincerely grateful to them, and we are, of course, committed to supporting them through this transition.
We believe that we now have a more sustainable alignment of Algorand Foundation resources with the protocolโs long-term business, technology, and ecosystem priorities. We remain fully focused on our mission of financial empowerment and the continued development and growth of the Algorand protocol, network, and ecosystem.
After much reflection, I have decided to resign from my position as Director of the National Counterterrorism Center, effective today.
I cannot in good conscience support the ongoing war in Iran. Iran posed no imminent threat to our nation, and it is clear that we started this war due to pressure from Israel and its powerful American lobby.
It has been an honor serving under @POTUS and @DNIGabbard and leading the professionals at NCTC.
May God bless America.
TODAY ๐จ: The Commission issued an interpretation that clarifies the application of federal securities laws to crypto assets.
This is a major step to provide greater clarity regarding the Commissionโs treatment of crypto assets.
Read the release here: https://t.co/DDykVLHZQI
Hashbeats just dropped.
TL;DR:
Strong trading activity continued this week, with steady volume and large trade execution across key pairs.
โข $57.8M in total weekly trading volume across majors and stablecoin routes
โข Large trades remained a key part of activity, with top trades reaching $738K on USDCโUSDT and $552K on BTC routes
โข Consistent baseline flow across markets, with steady mid-range trade sizes and periodic larger clips
Free the flow
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In the X app, you'll get a wallet tab to:
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- Deposit from bank/debit
- Earn up to 6% APY on balance
- Get cashback + personalized debit card (virtual/physical)
- View activity/rewards
Secure with US licenses in 40+ states. Early public access next month โ link bank, fund wallet, transact directly in app. Simple & seamless! ๐