Lewis Hamilton, you are worth £435 million. If you have such a problem with how much wealth one person can have, then start by donating your hundreds of millions?
These champagne socialists are just the worst.
HTX Suspends WLFI and USD1 Trading, Converting All User USD1 to USDT After Freeze
HTX representatives stated that the team behind WLFI, the Trump family-backed crypto project, recently froze HTX-related on-chain addresses citing U.K. sanctions screening, without sufficient prior communication or providing a clear legal basis. As a result, certain WLFI tokens lawfully held by HTX users became restricted from circulation.
HTX announced emergency protective measures, formally suspending WLFI-related trading services as well as USD1 deposit and withdrawal services. The platform also forcibly converted all USD1 holdings into USDT and credited the converted funds to users' accounts. HTX emphasized that the affected addresses belong to platform users rather than sanctioned entities or the exchange itself, and called on the WLFI team to immediately unfreeze the addresses. https://t.co/g1TWmz48Hw
It's official.
MicroStrategy, $MSTR, is now facing its biggest unrealized loss in history, at -$10.8 billion.
In other words, after 6 years of buying Bitcoin, the company is now down -17% on its position.
By comparison, the S&P 500 is up +116% over this same timeframe.
Since MicroStrategy sold 32 Bitcoin at $77,135 per coin, their positions has lost -$11.8 billion in value.
This puts MicroStrategy's stock, $MSTR, down -77% since its record high.
Bear market is an understatement.
NO ONE IS PAYING ATTENTION TO THIS SIGNAL:
Bitcoin Dominance just crashed to 57.83%, its lowest level since September 2025.
Meanwhile, the Alts/Btc ratio has surged to a 15-month high, with altcoins outperforming BTC by 31% since May.
Altcoins have gained immense relative strength during Bitcoin's sharp decline from $83,000 to $61,000.
Are we at the end of the cycle?
@LynAldenContact the fiscal trajectory data does make the partisan framing look pretty thin - deficits expanded under both parties and the debt ceiling drama never actually stopped the ceiling from moving