The Ham Radio Village is launching a t-shirt design contest with a $500 prize! We're looking for artists to help us find the Signal From the Static and have their art on this years HRV t-shirt. Rules at the link below:
https://t.co/LUq57PrO54
@defcon#HamRadio
BITCOIN DID NOT CRASH.
It was executed.
The weapon: Japanese Government Bonds.
On December 1, 2025, Japanโs 10-year yield hit 1.877 percent. The highest since June 2008. The 2-year touched 1 percent. A level not seen since before Lehman fell.
This triggered the unwinding of the largest arbitrage trade in human history.
The Yen Carry Trade. Conservative estimates: $3.4 trillion. Realistic estimates: $20 trillion. For thirty years, the world borrowed free Japanese money to buy everything. Tech stocks. Treasuries. Bitcoin.
That era ended last month.
The transmission was mechanical. Yields rise. Yen strengthens. Leveraged positions become unprofitable. Selling begins. Selling triggers margin calls. Margin calls trigger liquidations. Liquidations trigger more selling.
October 10: $19 billion in crypto positions liquidated in 24 hours. The largest single day wipeout in digital asset history.
November: $3.45 billion fled Bitcoin ETFs. BlackRockโs fund lost $2.34 billion. Its worst month since inception.
December 1: Another $646 million liquidated before lunch.
Bitcoinโs correlation with the Nasdaq: 46 percent. With the S&P 500: 42 percent. The โuncorrelated hedgeโ is now a leveraged expression of global liquidity conditions.
Yet the data contains a paradox. While prices collapsed, whales accumulated 375,000 BTC. Miners cut selling from 23,000 BTC monthly to 3,672. Someone is buying what institutions are selling.
The pivot point: December 18. Bank of Japan policy decision.
If they hike and signal more, Bitcoin tests $75,000.
If they pause, a short squeeze could reclaim $100,000 within days.
This is not about cryptocurrency anymore. This is about the cost of capital in a world that forgot money has a price.
The widow maker came collecting.
Position accordingly.โโโโโโโโโโโโโโโโ
Read the full deep dive analysis ๐ https://t.co/ssHHryWqQ4
@jochen4938@WhiskeesNFTs Have to say that right now @WhiskeesNFTs is the only true IRL nft project that make sens. Those NFT are not just a proof of holding but even have a story behind each of them :). WE HAVE CASKS! haha