Cole Williamson

[Mike Alfred @mikealfred]

I have rarely seen something so clearly but it’s becoming obvious that they want crypto on its knees at its absolute weakest right at the end of the quarter. They want everyone in crypto to be broke and demoralized. Only then will they bounce it higher. Q3 is go time. Watch.

[Eric Jackson @ericjackson]

IREN dropped after hours on a $6B capital raise.
Jim Chanos is dunking on it.

But the Microsoft deal only uses <10% of their power capacity.

The market sees dilution.
I see infrastructure.

Day 198.

[Jake Paul @jakepaul]

Purposefully turning off the halftime show

Let’s rally together and show big corporations they can’t just do whatever they want without consequences

(which equals viewership for them)

You are their benefit. Realize you have power.

Turn off this halftime. A fake American citizen performing who publicly hates America. I cannot support that.

[S Matthew Schultz @smatthewschultz]

Well. Well. Well.

https://t.co/tCZNJGPQGs

[Wayne Liang @wliang]

Despite the AI/HPC pivot, most people still view companies like $IREN $CIFR $CLSK & $BITF as having Bitcoin as the underlying asset.

As Bitcoin falls, that perception limits short term rallies. It won’t change until the market sees their real value is tied to compute demand.

[Tyler Page @rftylerpage]

GM

[Mike Alfred @mikealfred]

This market has systematically wiped out a lot of weak players. Stronger players are getting increasingly bullish. When the field has been cleared, there will be a long way to run in 2026 and 2027. Don't let the chart squigglers and kid analysts talk you in to a losing strategy.

[Patrick Moorhead @PatrickMoorhead]

Anybody who claims they know the exact datacenter GPU longevity doesn't know how this works. 🤡You would have to know precisely:
-6 year DC GPU roadmaps from $NVDA, $AMD, $INTC, $AMZN, $META, OpenAI, $GOOG, $MSFT, their architectural focus, pricing, and relative competitiveness.
-6 year foundry roadmaps for TSMC, Intel, Samsung
-6 year prediciton on advanced cooling technologies and software that improve GPU endurance
-the diffusion of DC inference for millions of different apps across thousands of different platforms that don't all need bleeding edge capabilities

You can spreadsheet it, and trust me, I worked for a dot com during dot com and I could spreadsheet any outcome. Don't pretend you "know for a fact". You don't. A sensitivity analysis would be more instructing.

[Mike Alfred @mikealfred]

We lost many of our brothers in arms during this capitulation event. Some succumbed to fatigue. Others gave in to the doomer virus. Still others were killed by grief as they looked down and saw lettuce where there used to be hands. I will be pausing for a moment of silence now.

[Joe Carlasare @JoeCarlasare]

In a few weeks, nobody will even remember the price action today.

All noise. All assets headed higher

[Mike Alfred @mikealfred]

I have taken an initial 1M+ share stake in Strive Asset Management $ASST. Strive is one of the most promising BTC Treasury companies globally trading at an attractive level. You simply do not bet against a generational talent like ⁦@werkman⁩. ⁦@jameslavish⁩ too 💪

[Mike Alfred @mikealfred]

No one, absolutely no one, can tell you where Bitcoin is headed over the next few hours, days, or weeks. But everyone, absolutely everyone, who has been bearish on Bitcoin for even a few weeks at a time over the last 15+ years has been wrong. Every single one, no exceptions.

[Stack Hodler @stackhodler]

I've taken a significant position in Bakkt $BKKT

I started accumulating shares when I heard that @mikealfred joined the board.

And I've been buying since then.

They are clearly cooking something big.

I'm speculating here... But what if they become the Visa for the AI age?

Let's connect some dots:

They are building payments infrastructure at the intersection of Bitcoin, stablecoins, tokenized assets, and AI.

Mike has hinted at big things on the way... But precise details of their vision are a bit hazy for now.

But if I had to guess, I'd say they're building towards providing payments infrastructure for AI agents.

Here's why:

The new CEO @Akshay_Naheta was previously at SoftBank where he lead investments in AI related companies like NVIDIA.

After that, he founded a stablecoin startup with the goal of building "the next generation of global payments infrastructure."

He understands AI and stablecoins intimately.

Keep in mind, Softbank is the largest investor in OpenAI.

And the next wave of AI innovation is going to be agents.

Agents that need the ability to transact with one another.

Can you see where this is headed?

AI agents will be transacting constantly.
It's the next frontier in payments.
A blue ocean.

They will book your hotels & flights, order your groceries, pay other agents to complete tasks, etc.

Eventually there will be an entire economy of agents running autonomously, transacting constantly at the speed of light.

Daily transaction volume amongst these agents will eventually be measured in trillions of dollars.

But these transactions will need to be regulated to monitor for fraud, money laundering, etc.

Enter Bakkt.

They're building regulated stablecoin payments infrastructure that can be adopted for a wide range of enterprise needs.

And with money transmitter licenses in all 50 states (something that not even Elon has managed yet at X)... Bakkt could be positioned to start powering stablecoin transactions for AI.

Imagine taking a cut of the exploding AI stablecoin transaction market?

Companies like Visa, Stripe, etc. have done very well with that model.

But that's just one piece of the puzzle.

Bakkt is also infrastructure for tokenizing real world assets.

Helping entities unlock liquidity from traditionally illiquid assets (real estate, art) in a regulated, compliant manner.

It's another big market to attack.

Keep in mind, Bakkt is still worth less than $800 million.

The 20th largest crypto coin (safe to assume it provides zero real world utility) is worth nearly $9 Billion.

More than 10x Bakkt.

Mike was shouting about IREN and CIFR at the lows. They're both up over 20x now.

And now he's put his reputation on the line with Bakkt.

My guess is that he knows that the new leadership team has the expertise and connections needed to make some serious moves in the AI + stablecoins payments space.

Not financial advice, but personally I'm long Bakkt.

[Cole Williamson @_CocaColeAh]

@wliang Where is the gem at?!

[Danny Marques | Investing Informant @Invst_Informant]

It never ceases to fascinate me but the market’s job is to make you do the wrong thing at the wrong time.

There's a reason why corrections within bull markets often feel the worst. The backdrop is positive, the narrative is strong, prices are going up, you become conditioned to seeing green on the screen. So, when the inevitable pullback comes, the contrast is jarring.

The sharpness of the pullbacks against the prevailing optimism triggers a deeper psychological reaction "is the bull market over?" "was this the top?"....Seeing your gains erode feels like betrayal.

These very corrections are what keep a bull market healthy. It resets expectations, forces out weak hands and creates room for the next leg up. Yet, living through them is no easier.

In a bear market (which most have not really experienced), declines happen in a slow grind, a persistent reminder that optimism is misplaced. What wears investors out is not necessarily the size of losses but the sheer passage of time with no sustained uptrend, think death by a thousand cuts. You second guess, despair, and eventually capitulate out of fatigue.

Reminder that the 2000-2002 dotcom bubble was an unwinding that occurred over 2 years. The GFC of 2007-2009 same thing, a slow painful grind....a rally here, head-fake there, and then another leg down

Look at the sharp corrections we've had in just the last year
- Aug 2024 japan yen/carry trade
- April 2025 tariff scare

In the moment everyone was up in arms about a potential top being in, recession, blah blah. Fundamentally, little changed overnight. But, psychologically the suddenness of these drops were terrifying.

The market is mean to test your resolve. Your job is to resist and focus. If you want to be a legit investor learn that to understand the market is to be disciplined and understand human psychology (which is entirely predictable)

[Jason Aldean @Jason_Aldean]

For Charlie ❤️

[Cameron Scrubs @imcameronscrubs]

If #XRP Hits ATH at $3.40 within 7 Days

I will giveaway $5,000 XRP to someone who retweets and likes this post

I’m the king of giveaways btw. This is my biggest one. Will we get there?

[Cole Williamson @_CocaColeAh]

💪💪💪

[Brad Garlinghouse @bgarlinghouse]

This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it.

The future is bright. Let's build.

[Dave Portnoy @stoolpresidente]

XRP 🚀🚀🚀🚀🚀🚀🚀🚀 Next stop the moon!!! #xrp $xrp

[DC_Draino @DC_Draino]

Carrie Underwood is America’s top draft pick

When the music wouldn’t play, she just started singing acapella

Incredible