Activators and early adopters will receive an equivalent $CSM drop based on their activation fees and will be able to reactivate on Anvil AMM and can receive GTD for presale.
Token mechanics and utility coming next week. ๐
coinbase will tokenize every stock on @base
and it's also awesome to see other issuers like @st0x_io tokenizing on @base too
more options, more long tail, more liquidity, more experimentation is good
bring it on
$JUP and $RAY both pumped CRAZY today
Hereโs why:
$STONK from @LaunchOnSF ran to over $100M mcap in 24h
StonkFun just went live on Raydium LaunchLab (new coins launch and pool there)
RAY wins first, LaunchLab fees hit Raydium stack
JUP wins next, It routes the swaps including $STONK buybacks
While Pumpfun keeps volume on PumpSwap, StonkFun sends it through Raydium + Jupiter
What if it starts eating Pump market share?
๐จ HEREโS WHAT ACTUALLY CAUSED BITCOIN TO EXPLODE TO $69,700.
Everyone is looking at the Bitcoin candle.
But the move started in a completely different market:
U.S. Treasury bonds.
The Treasury just DOUBLED the size of its long-term bond buyback program.
โ Old maximum: $2 BILLION per operation
โ New maximum: AT LEAST $4 BILLION
โ Targets: 10-to-20 and 20-to-30-year Treasury bonds
โ Starts September 9 through November 4
In simple words:
The Treasury is offering more support to the market for long-term U.S. government debt.
And that matters because Treasury yields are basically the return investors can get from holding government bonds.
When those yields FALL, risky assets like Bitcoin usually become more attractive.
And look what happened right after the announcement:
โ 10-year yield: -6 bps to 4.647%
โ 30-year yield: -9 bps to 5.196%
Then Bitcoin moved.
$65,400 at 10:45 AM ET
โ $67,600 at 11:26 AM ET
โ $69,700 at 11:27 AM ET
Bitcoin gained more than $2,000 in ONE MINUTE.
That move trapped traders betting against Bitcoin.
As their leveraged shorts were liquidated, they were forced out of their positions, creating even more buying.
The result:
๐ $1.59 BILLION in crypto liquidations over 24 hours
๐ $746 MILLION in Bitcoin shorts reportedly wiped out in that one-minute candle
So the chain reaction was simple:
TREASURY EXPANDS BOND BUYBACKS
โ
LONG-TERM YIELDS FALL
โ
BITCOIN PUMPS
โ
SHORTS GET LIQUIDATED
โ
FORCED BUYING SENDS BTC EVEN HIGHER
One important correction:
โ ๏ธ This is NOT QE.
โ ๏ธ The Fed did NOT turn on the money printer.
Treasury is buying back existing government bonds to improve liquidity in that market.
And the size is still small compared with how much debt the U.S. issues.
But the timing matters.
The bond market moved FIRST.
Bitcoin followed.
Then the short squeeze turned it into an explosion.
Everyone is showing you the green candle.
Almost nobody is talking about what happened right before it.
September 9 is now the date to watch.