The Don

[Dona ττ @Donaxbt]

If CZ and Binance wants to redeem them selves and remain leaders of this sectors they should :

• Immediately shutdown Binance Alpha or remake the entire thing to be focused mainly on alpha projects with real value and real communities

• Stop embracing meme coins and revert back to old roots of backing up and support real innovators and builders.

• Stop asking for millions of dollars worth of assets for spot listings, instead they should buy off the market to support those project and show real gesture towards backing up real builders and reinforce the sentiment of the sector.

• Stop making public financial advises and stop talking about bitcoin price and where it’s going and only focus on keeping the infrastructure safe and more secure and prevent things like 10/10 from happening again.

• Fully compensate everyone who got wiped out on 10/10 because that was 100% binance’s doing and every penny they made from that is total robbery off of people’s pockets.

[Jack Niewold 🫡 @JackNiewold]

In July I mistakenly sent $5K in USDT (Solana) to @RobinhoodApp.

As they only support USDC, they told me they couldn’t access or recover the funds.

I recently checked the address, and Robinhood has since moved the USDT out.

So… which is it? You can’t access the wallet, or you get to use my $5K as you please?

@AskRobinhood @RobinhoodComms

(any amplification appreciated)

[Miad @ZFXtrading]

Good Morning

The first time I realised my brain was not built for trading, I was staring at a red candle that felt like it was staring back. My chest tightened. My mouse hand twitched. Somewhere inside, the old caveman who once ran from tigers started yanking at the steering wheel. Get out. Now. Survive.

That part of you is loud. It is ancient. It is ninety five percent emotional and it does not care that this is only a chart on a screen. Loss is loss. To your nervous system, money leaking from an account feels a lot like status leaking from a tribe. Power slipping away. Safety threatened. So the emotional brain floods the system. The rational voice gets pushed to the corner, hands up, pretending it is still in charge.

If you are a non trader trying to become profitable, this is the fight you are actually in. Not against the market. Against the wiring. You do not out argue that wiring. You retrain it.

Good news. Brains change. New connections start forming within hours of new practice. You can feel small shifts in four to six weeks. Give it three to nine months of repetition and those new routes start to feel like home. Give it one to three years of real work and you can become consistently profitable. Give it two to five and you can become the calm one in the storm, the trader people think was born with ice in their veins. You were not. You built it.

Here is the usual arc I see and lived

Zero to six months
You build the basics. Market structure. Risk. Position sizing. You learn why the stop goes where it goes. You discover that journaling is not homework. It is the mirror that keeps you honest. You still flinch at every flicker on the screen. That is fine. You are laying track.
Six to twelve months
You start to see patterns in your own behaviour. You catch yourself moving a stop and you write down exactly why you did it. You trade small or you trade demo because the point is not to make money yet. The point is to train responses. Reps over results. You begin to notice that some urges can be watched without being obeyed. That is neuroplasticity at work even if you never say the word.

One to three years
Consistency starts to show up. Not perfect days. Boring days. Rule following days. Days where you exit because the plan said exit, not because fear screamed and you obeyed. You size correctly. You skip the trade that does not fit. You lose and you do not spiral. Your identity shifts from outcome chaser to process keeper. That is when the equity curve quietly begins to bend.
Two to five years
Mastery is not fireworks. It is stability. You have a playbook and you keep it tight. You add slowly. You know which environments are yours and which ones you let pass like a bus you were never meant to catch. You can watch price run without you and feel nothing more than a note to self. You become the trader who looks lucky because their preparation is invisible.

How do you speed it up
Tell the truth on paper
Every trade. Entry. Exit. Emotions. Triggers. Lies you told yourself in the moment. The journal is where you see the wiring you are trying to change.

Use rehearsal like an athlete
Replay charts. Speak your rules out loud. Walk through the what ifs before the bell. Your brain needs thousands of stress free repetitions so it has somewhere safe to go when the heat turns up.
Trade small enough that you can think
If the size makes your heart rate climb, you are not training your rational brain. You are feeding the caveman.

Automate decisions that emotions love to hijack
Hard stops. Predefined risk per trade. A fixed number of trades per day. The more you can move from willpower to structure, the faster the rewiring sticks.

Study your own tilt
Everyone has a signature mistake. Revenge trading. Moving stops. Taking profits too early. Name it. Build a specific counter for it. One rule. One alarm. One accountability partner. Target the glitch.
Accept the timeline
You would not try to deadlift twice your body weight after four weeks in the gym. Treat trading with the same respect. Early wins happen. They do not mean you are done. Early losses happen. They do not mean you cannot do this. The brain is plastic but it is not instant.

If you are a non trader starting today, budget one to three years to become truly consistent. Some will do it faster. Many will need longer. The variable is not your intelligence. It is your willingness to practice the boring parts long after the excitement wears off.
Your caveman is not your enemy. He just needs a new job. Give him rules to guard. Give him a routine to enforce. Give him a journal to patrol. Over time he stops grabbing the wheel in panic and starts pointing at the dashboard, reminding you what the plan said.

You will know you are rewired the day you close a losing trade on plan, feel almost nothing, and quietly log it with the same care you give to your winners. That is not cold. That is freedom. That is the brain of a trader you built on purpose.

[Abhi | AP Collective @0xAbhiP]

UPDATE 🚨

The whole story on Hyperliquid & $JELLY 👇

background context

> hyperliquid (HL): decentralized perp exchange

> HLP: internal liquidity vault of hyperliquid

> jelly token: small market cap (~$10-20M initially)

what happened

> trader wallet (0xde95) opened huge ~$8M short on jelly

> trader purposely removed margin, forcing hlp to inherit and auto-liquidate the massive position

> simultaneously pumped jelly price on-chain, squeezing shorts hard

> jelly pumped from ~$10M to over $50M market cap in under an hour

> hlp initially suffered huge unrealized loss (~$12M)

second exploitation

> amid chaos, new wallet (0x20e8) opened big long, quickly profiting ~$8.2M on hyperliquid

> exchanges like binance and okx noticed volatility and quickly listed jelly perps, amplifying activity

hyperliquid's response

> validators rapidly decided to delist jelly perps

> adjusted oracle price significantly down to $0.0095 per jelly, closing all open positions

> publicly communicated quick actions transparently

> normal users (excluding flagged wallets) automatically compensated, no action needed

financial outcomes

> hl turned potential multimillion-dollar loss into ~$703K realized profit after adjustment

> hlp depositors fully protected and even profited (~$687K daily profit), despite initial scare

market perception

> positive: praised for swift, decisive actions protecting depositors

> criticism: controversy around forced oracle adjustments and decentralized governance transparency

why this matters

highlights big vulnerabilities in decentralized perp exchanges (oracle pricing, liquidity vaults, forced liquidation)

emphasizes need for fast, transparent governance and intervention mechanisms

shows controversial tradeoffs protocols might need to make to protect depositors during exploits

important lessons here for anyone participating or building in defi and perpetual markets

[ZachXBT @zachxbt]

it would even funnier if this outcome happened bc both JELLY manipulators 0x20e8 & 0x67f were freshly funded via Binance on Arbitrum

0xf5c07ec0acfc371c05a5de9882c8c90bfa1c071fa9356e6710e3db17d5abdd48
0xf171d527b9a277b895a02ca4b7c5ee081cb94a8932a60eeadbdcb02ea729b524
0xf701eeaaec2dcac0afac11ea47400f2478b31df07498d4941a5baa5caec9a0b9
0xca56637a1ab8275c969569df3096ae86c024a01038cc8726845d7a68670b8272

[Lyn Alden @LynAldenContact]

Europe classifying wood pellets as "green" and subsequently contributing to the burning of a lot of old-growth forests for energy, is one of the biggest energy scams of our day.

[Cred @CryptoCred]

https://t.co/1nZmWMIxHO

[Cred @CryptoCred]

https://t.co/SdBwxHAEWS

[Bitstein @bitstein]

God save the Coin!

Long live the Coin!

[Ignas @DefiIgnas]

FT posted an apology lol

"Current and former writers are united in scepticism about crypto in general and bitcoin in particular. This is correct"

And "we’re sorry if you misunderstood our crypto cynicism to be a declaration of support for tradfi, because we hate that too."

[Troy Cross @thetrocro]

Cope of the hour:

“It’s only 100k because an evil man won a rigged election because of an evil billionaire platforming misinformation. It’s not resistance money: it’s rich insider money only valuable because of politics.”

The stories they have to tell themselves,..

[Erik Voorhees @ErikVoorhees]

Gentlemen

[Lyn Alden @LynAldenContact]

One of my goals with Broken Money was to specifically make sure it came out in a bitcoin bear market.

I didn't want it to be one of those "toppy" books that comes out right near a peak.

So like, I was literally in Egypt on vacation and scrambling to finish its publication.

[Edgy - The DeFi Edge 🗡️ @thedefiedge]

If you want to keep things simple in Crypto, read this:

[Michael Nicoletos @mnicoletos]

�� Absolute must-read! The #euro experiment has been a disaster. The #EU has put a team of bureaucrats with zero real-world economic experience at the @EU_Commission, running the show for 20 wildly different economies.

Instead of fostering growth and innovation, they've obsessed over restrictions and red tape. 🚫

#Europe #EuropeanUnion #US #USD #Macron #France #Germany #Italy #Spain #Greece`

[Loma @LomahCrypto]

I’ve seen it all on this app

[The Don @TheDonArena]

@biz_every @SkyNews U.S.-Taiwan Relations
" the U.S. recognized the Government of the People’s Republic of China as the sole legal government of China, acknowledging the Chinese position that there is but one China and Taiwan is part of China."
https://t.co/WwppPI2ILh

[Nick Tomaino @NTmoney]

In the past four years under Biden/Harris:

- The SEC met with SBF (one of largest Biden donors) to discuss a no-action letter for FTX before the collapse, completely missing the biggest fraud since Madoff.

- The SEC attacked good actors like Coinbase, Kraken and Opensea and failed to create a clear framework for crypto.

- Operation Chokepoint 2.0 nearly cut off access to the banking system for any crypto related business and destroyed banks like Silvergate who were supporting the industry.

Facts are hard to come by in politics and crony capitalism is hard for the average person to see. But these are undeniable facts. Crony capitalism is real.

[Luke Martin @VentureCoinist]

friendly reminder that we are living in the greatest timeline

be sure to enjoy the ride

up forever

[Alexander Leishman 🇺🇸 @Leishman]

The @River team's infographic skills are next level. Great work @macromule!