The formal adoption of our national motto in 1956 was motivated by Americans’ urgency to declare our opposition to the deadly Marxist philosophy of communism and socialism.
In 1962, Congress voted to display "In God We Trust" permanently above the Speaker’s rostrum as a rebuke to the godless Soviet Union. That unanimous vote was by voice, because not one representative from either party opposed it.
Two weeks ago, we held a vote on the House floor to condemn the Marxist philosophy of socialism and safeguard election integrity with voter ID. But this time, 192 Democrats voted AGAINST the resolution.
This is no longer your father’s Democratic Party.
New Market Update Video: The Green Regime delivered again.
Bitcoin gave us the first backup and ripped back to range highs
In Regime Cycle 3, I break down the setups, the momentum picture, and why shorts must be “quick or dead” when in Green Regimes
Is $95k -98k in play? Come find out...
Enjoy!
https://t.co/xxkwQhA77K
NEW VIDEO: https://t.co/dw7B7biW16
Last Thursday, the Regime Cycle turned GREEN.
I think the bear market is over.
That doesn’t mean blindly chasing every green candle.
We went from RED repair → one brief BLUE transition → GREEN, and then got exactly the kind of expansion you want to see when the wind starts getting behind the bulls.
In Regime Cycle #2, I walk through the 62,818 level, the repair, the breakout, the squeeze, where resistance sits now, and what I need to see next.
The breakout mattered. The next pullback may tell us even more.
If this is really a new bullish regime, buyers should show us.
No predictions are ever carved in stone. Trust your eyes. Trade the regime in front of you. Enjoy!
All of @RCSproul’s teaching series are now free—forever.
• 170+ series from Dr. Sproul’s decades of ministry
• 1,400+ messages on the Bible, theology, and more
• 500+ hours of teaching to help you grow in your faith
Stream all his teaching series in the Ligonier app: https://t.co/yTCZ385Tx9
@Nebraskangooner We need to see their risk management before answering. If they both have excellent risk management then Trader A is better, but if Trader A is a degen then Trader B is obviously the better one
For those who watched the PHASE RECOGNITION videos,
Remember, in the BLUE PHASE we take qualified LONG and SHORT signals. In the GREEN phase, only LONG signals, and in the RED phase, only SHORT signals.
I'll post the links to BOTH videos below in a thread. Be sure to check them out because phase recognition is what most traders lack.
Last Friday delivered one of the worst altcoin wipeouts in crypto history, and the post-mortem of it has been a whisper.
When LUNA blew up, it owned the news. When FTX collapsed, it ruled the cycle. When we had our COVID crash, Crypto Twitter couldn’t stop talking about how we almost went to zero and what saved us.
But this time, a week later, there’s near silence. Instead, we’re told it was just a tweet. That’s not serious analysis. Yes, late Friday, Trump dropped a trade-war headline after U.S. markets closed: 100% tariffs on China and new export controls. That was the spark.
But a single tweet doesn’t send alts down 70% in minutes or vaporize entire portfolios within an hour.
The violence came from structure, from a breakdown deep in crypto’s plumbing.
During the flush, Ethena’s synthetic dollar, USDe (ticker USDe), printed as low as $0.65 on Binance while holding near $1 on other venues. This wasn’t a global depeg. It appears to have been a Binance-local pricing failure, an oracle and order-book divergence that instantly slashed collateral values for users on Binance’s unified margin system.
When your collateral is repriced that far down on a single venue, everything built on it collapses.
On Binance’s unified / cross-margin system, traders can post multiple assets, including USDe and wrapped tokens, as collateral across all their open positions.
When Binance’s feed suddenly marks USDe at $0.65 instead of $1.00, the user’s collateral value shrinks, maintenance ratios blow up, and the liquidation engine begins selling their other assets, often high-beta alts, into an already collapsing market.
Those forced sells push prices lower, triggering more liquidations across the exchange and, through arbitrage, across the entire crypto market.
Example:
Imagine a trader with $200,000 total equity.
$50,000 in USDe collateral
$150,000 in long altcoin positions
Binance marks USDe at $0.65, so that $50,000 becomes $32,500; In this case, $17,500 in margin cushion vanishes instantly.
The system detects the shortfall and auto-liquidates part of the alt positions to rebalance. Those sells slam into thin order books, driving alt prices down another 20–30% almost instantly.
Now the trader’s remaining alts, which weren’t yet liquidated, are worth even less, cutting collateral ratios further and triggering the next round of liquidations.
Each liquidation dump pushes prices down for everyone else using the same assets as collateral, igniting a chain reaction. By the time the loop finishes, hundreds of millions in positions are forcibly sold, and the cascade becomes self-fueling, a liquidation spiral that consumes everything in its path.
What started as a local pricing glitch becomes a global liquidity collapse.
Arthur Hayes @CryptoHayes summed it up perfectly: “USDe didn’t depeg. Binance did.”
The Ethena protocol remained solvent and over-collateralized. The problem was the venue’s internal feeds and book structure under stress.
When an exchange values collateral based on its own shallow order book instead of a broad market reference, small cracks become sinkholes.
This doesn’t absolve Ethena, any asset printing 35% below peg, even locally, shows fragility. But this wasn’t another LUNA.
It was a mechanical failure, a venue-specific collateral mispricing colliding with excessive leverage and opaque cross-margin rules. The result was one of the largest liquidation waves in crypto history, nearly $19 billion in forced unwinds within 24 hours.
That doesn’t happen from headlines. It occurs when margin engines and oracles fail under stress.
Binance has since promised to compensate affected users and rework how wrapped and synthetic assets are priced. That alone is an admission something broke. And yet, this event has been largely swept under the rug thus far.
We’ve seen bigger macro shocks before: Liberation Day, COVID, and even FTX contagion, yet none triggered alts to implode 70–99% in an hour.
This wasn’t fear. It was faulty design.
One venue’s pricing feed dislocated, collateral collapsed, and liquidation engines spread that contagion everywhere. The industry’s core issue is now undeniable: Too many opaque, venue-specific risk systems govern leverage, collateral, and liquidation.
When one breaks, the entire system pays for it. Design flaws, not tweets, keep blowing up the market.
If this reconstruction is wrong, then @binance and @cz_binance should publish the data:
Which feeds broke and when?
Which collateral assets were hair-cut, and how many users were liquidated? How is the compensation being calculated?
And @ethena should release a venue-by-venue chart showing USDe pricing, redemptions, and hedging during the event, to prove solvency and pinpoint where the break occurred.
Roughly $19 billion didn’t vanish into thin air. People were liquidated, portfolios erased, and careers ended because the pipes broke. If this wasn’t the cause, prove it. If it was, fix it.
Because headlines aren’t destroying crypto, it’s being destroyed by its own infrastructure.
This can’t be another story buried under “macro fear.” The silence is the loudest signal of all.
Systems failed. Users paid the price. And the industry owes them an explanation.
If we don’t fix the plumbing now, the following “tweet” could light the same fuse, and eventually, there might not be much left to save.
Because if a tweet can burn $19 billion, it’s not the tweet that’s the problem; it’s the system.
🧵 Hymn History: Rock of Ages
Some hymns are sung for a season. Rock of Ages has been sung for centuries. Born in the 1700s from the pen of a fiery young preacher caught in a storm, it became an anthem of grace and clinging to Christ, the Rock who saves. Here is its story 🧵👇🏼
🚨 I am doing a $100 $XRP giveaway ($50 to 2 different people)
I will pick randomly in approx. 48 hours from now
The giveaway picker I use selects randomly based on retweets & comments
So just retweet and comment to have a chance to win! Good luck 🙌
The premise of America—our creed—is the reason we became the greatest nation in history. In the opening of our birth certificate, we boldly proclaimed the self-evident truths that all people are created equally by God and it is HE who gives us our rights—and not the government.
Know-nothing activists — who think a transgender flag and Hamas flag go well together — have unfortunately infiltrated Biden’s thinking. Let’s put this idea of a ceasefire into perspective. You want Israel to stop fighting against an enemy that has no intention of ever stopping. You know when there was a ceasefire? October 6th. You know what happened on October 7th? The biggest massacre of Israelis in recent history. The rape of countless women. The burning of infants. The ruthless killing of civilians.
War is always ugly, but the blood of every civilian death is on Hamas. Not Israel. The demand should be simple: Hamas must surrender totally and completely and allow a transition of power. Hamas can never have power again. If you care about Palestinian lives, that is what must happen.
@BondGoner@BurkParsons Of course there are exceptions, I believe so. My late grandma couldn't go to church because she's already sick when she came to know Christ. However, most of the time people don't want to go to church for petty differences, differences that doesn't make that church not Christian.