kenngoh

Talk about life, crypto and work

[MASTR @MastrXYZ]

The Death of Crypto as We Knew It?
Let's break it down in one sad tweet;

Crypto as we wanted it is dying.
Not from bans or hacks, but from absorption.
The revolution got bought, indexed, tokenized and securitized.

Binance controls the order books.
BlackRock controls the flows.
Saylor controls the narrative.
Trump controls the spectacle.
And China still controls the hash.

🔺Chapter 1:

#Binance is the new central bank of crypto.
It processes $65–70 billion a day, more than all U.S. competitors combined.
It lists 420+ USDT pairs, effectively setting the global reference price for the entire altcoin universe.
When Binance moves, the world follows.
When it breaks, the market burns.

On October 10, 2025, the order books collapsed.
$19 billion in liquidations, Bitcoin down to $106k, three major assets — USDe, WBETH, BNSOL — depegged instantly.
It was a liquidity implosion in the heart of the system.

Decentralisation ended the moment everyone depended on a single exchange.

🔺 Chapter 2

Michael @Saylor built a religion around leverage.
His company @Strategy (formerly MicroStrategy) holds ~640,000 BTC (~3%) of total supply.
Bought with convertible debt, loans, and dilution, a time bomb disguised as conviction.

Over 180 listed companies copied him.
About a quarter already trade below the value of their Bitcoin holdings.

When the price drops, they sell.
Boards don��t wait for the halving, they wait for auditors.

Metaplanet crashed 40%.
Kindly MD imploded 90%.
Others raised junk bonds just to buy coins.
Now their debt trades like distress.

Even Saylor bleeds when rates stay high.
His bonds come due. Refinancing is brutal.
$MSTR swings harder than Bitcoin itself.

🔺 Chapter 3

Then came the institutions.

@BlackRock entered in June 2023, launched IBIT in January 2024, and now controls $90 billion).
Spot ETFs collectively hold 1.55 million BTC (~7% of total supply).

Public companies hold another ~1 million BTC.
Add governments, and over 12% of Bitcoin sits in institutional custody. I guess it's way more than the 12%

Financialised.

#Bitcoin now trades on Wall Street liquidity.
ETF inflows, interest rates, balance sheets, credit cycles, they move the price, not “halvings”.

🔺 Chapter 4

And then came the Trumps.
In 2025, Trump Media & Technology Group filed to raise $2.5 billion in debt to build a Bitcoin treasury and a “patriotic blockchain”.
Eric and Don Jr. launched American Bitcoin, merged with Gryphon Mining, and listed on Nasdaq.
They branded it “freedom tech”.
But it’s the same game: raise capital, extract hype, issue stock, and drain liquidity.
Crypto became their campaign playground — a golden stage for political theater and insider profit.

The Trumps drained about 1.2B $ from Retail with memecoins or (very likely) insider trading.

🔺 Chapter 5

Meanwhile, the East moved silently.
China never stopped mining, it just stopped telling you.

Behind closed doors, state-linked mining farms in Kazakhstan, Laos, and Sichuan still operate under private shells, exporting hash power through Singaporean front companies.

Chinese pools quietly control over 50% of global hashrate, routed through Bitdeer, ViaBTC, Antpool, and Foundry proxies.

Hash decentralisation? It’s a myth. The majority of Bitcoin blocks still originate from East Asian infrastructure, just hidden behind legal camouflage.

And Korea?
The government legalized institutional crypto custody, while chaebols like Samsung and SK test tokenized securities platforms.
South Korean pension funds are exploring Bitcoin ETFs through U.S. partners.
Retail speculation never stopped, but now it’s wrapped in national compliance.

Even North Korea plays the shadows:
Cyber units like Lazarus Group stole $3+ billion in crypto since 2020, funding missile programs through DeFi exploits.
Crypto isn’t just an asset anymore. It’s geopolitical ammunition.

🔺 Chapter 6

The West and East now play the same game.
The U.S. weaponized crypto through ETFs, debt, and Wall Street.

China weaponized it through hash power, hardware, and synthetic liquidity.

Europe is busy regulating it into a sterile box. (Probably ironically the best way for crypto)

And the Middle East, especially Dubai, Qatar, and Bahrain, built crypto free zones for global capital outflows.

Everyone’s inside.

🔺

Accounting rules finished the job.
As of 2025, fair-value accounting forces all Bitcoin treasuries to mark prices quarterly.
Volatility now hits earnings, not emotions.
Pension funds and sovereign wealth portfolios are indirectly tied to Bitcoin.
Norway’s NBIM, U.S. state funds, BlackRock, Fidelity all exposed through ETF shares.

If the next crash comes, it won’t be retail panic, it’ll be institutional de-risking.

🔺

The myth of a four-year cycle is gone.
This isn’t 2017. It’s a synthetic market built on credit, liquidity, and political influence.
When Powell sneezes, Bitcoin shivers.
When Beijing changes capital controls, hash power shifts.
When BlackRock rebalances, BTC moves.
When Trump tweets, memecoins pump.

🔺

Binance controls the order books.
BlackRock controls the flows.
Saylor controls the narrative.
Trump controls the spectacle.
And China still controls the hash.

This is not decentralisation anymore my friend.

This is capture; financial, political, ideological.

Crypto was meant to destroy the system.

Instead, the system ate it alive.

The revolution didn’t fail, it was absorbed.

By corporations, by governments, by algorithms that see numbers, not ideals.

Bitcoin didn’t bend the system.
It became part of it.

The dream of sovereignty turned into a balance sheet entry.
The chain of freedom became a chain of control.

And if that doesn’t wake you up, nothing will.

- by $MASTR and I lobe Crypto.

[kenngoh @GohProperty]

@anna_aigarth 8+8=?

[kenngoh @GohProperty]

@anna_aigarth 8+8=?

[kenngoh @GohProperty]

@MEXC_Official @TracyMEXC #FreeTheWhiteWhale (UID: 71312117)
Stop unjustly stealing funds from your users simply because they are too profitable.

[kenngoh @GohProperty]

@TheWhiteWhaleHL @MEXC_Official @MEXC_Official @TracyMEXC #FreeTheWhiteWhale (UID: 71312117)
Stop unjustly stealing funds from your users simply because they are too profitable.

[kenngoh @GohProperty]

@TheWhiteWhaleHL Demand To #FreeTheWhiteWhale (UID: 71312117)
Demand MEXC stop unjustly stealing funds from it's users simply because they are to profitable. @MEXC_Official @TracyMEXC

[Fernando Cao @thefernandocz]

This is crazy.

Japanese people never get sick & live to 100+ while:

• Barely exercising
• Drinking & smoking
• Eating tons of carbs

But when Americans do it? They get obese & burn out.

I had to find out the truth... 🧵

[Farhan @mhdfaran]

10 GPT-4o prompts that will make you a superhuman

[Adarsh Chetan @AdarshChetan]

5 ChatGPT Prompts To Learn Anything With Ease

[🔖Bookmark for later]

[Shushant Lakhyani @shushant_l]

I can't believe people are still wasting hours on manual sales work

You can complete sales work in minutes using AI

Here's how:

[Shruti @heyshrutimishra]

ChatGPT-4o AI assistant can help you with:

• Coding
• Marketing
• Business work
• Customer service

I will show you how:

[Hunter Kallay @lazukars]

Starting an online business in 2024 is super easy.

All you need is AI tools.

Here's how to launch your Online Business with AI in less than a day:

[Jason C. @JasonCSJason]

OpenAI's GPT-4o is now accessible to all.

Here's how you can access it for FREE on PC:

[Hasan Toor @hasantoxr]

Say goodbye to coding.

Now you can train an AI agent in seconds without coding!

Here's how for free:

[Hasan Toor @hasantoxr]

Google just released AI courses for free.

No prerequisites or fees required.

Here're 10 FREE courses you don't want to miss:

[Hasan Toor @hasantoxr]

I built a complete website using only AI.

Without writing a single line of code

Here’s exactly how I did it: 🧵👇

[Deepanshu Sharma @deepanshusharmx]

Faceless YouTube channels are one of the best ways to make money

Here's how to make faceless YouTube videos with AI & start earning online.

[Alamin @iam_chonchol]

8 Netflix Movies To Watch to become top 2%

[🔖 Bookmark No ]

[𝗰𝘆𝗰𝗹𝗼𝗽 @nobrainflip]

Historically, 1 year after the halving, altcoins go parabolic.

The most important thing now is to buy before the pump.

Many say 'buy the dip' but no one explains how.

Not me... Here's a mega-thread on how to buy the dips 🧵👇

[🎯 Master @Moneytaur_]

🔖

BB: Breaker Block
BE: Break Even
BOMS: Break of Market Structure
BOS: Break of Structure
BSL: Buy Side liquidity
EQH: Equal Highs
EQL: Equal Lows
FVG: Fair Value Gap
HTF: High Time Frame
LTF: Low Time Frame
MS: Market Structure
MTF: Medium Time Frame
MTF': Micro Time Frame
OB: Order Block
PA: Price Action
PSH: Previous Swing High
PSL: Previous Swing Low
RH: Range high
RL: Range low
RR: Risk/Reward
SOW: Signs of weakness
SOS: Signs of strength
SL: Stop-loss
SLH: Stop-loss hunting
SSL: Sell Side liquidity
TL: Trendline
TP: Take-Profit

♨️: Bearish reversal pressure expected (the most powerful levels will show on 12H+ charts and the bigger the emoji i add, the higher the probability for reversal - shared dozens of charts throughout the year with such levels, on a very high hit rate)

🗝️: Bullish reversal pressure expected (the most powerful levels will show on 12H+ charts and the bigger the emoji i add, the higher the probability for reversal - shared dozens of charts throughout the year with such levels, on a very high hit rate)

For both of the above, one must monitor Bitcoin and ETH's behavior on MTF and use it as +1 leading confirmation. The levels can be invalidated if there's any HTF change of MS. I usually mention when the MS structure is confirmed, such as when i say the levels where MS will change if confirming close above/below on HTF, so you can invalidate those ideas by yourself. With current MS for #Bitcoin, the level to 👁️ for BOMS (bearish) is $40,000. If it's above that the trend is bullish.

You will see me sharing shorter-term swings. Learn from them but focus on HTF opportunities. These shorter-term plays are riskier and 👇https://t.co/ipLzK43yoc "The game is not linear"

Green levels/Red levels are LTF and MTF potential reversal levels. If they don't have ♨️/🗝️ they're not as powerful as the levels who do have these emojis. There's NO OPTIMAL trades on anything < HTF. Those are the most powerful and unlikely to fail, thus bigger size and can be left running overnight if properly managed: https://t.co/4RNO3Warhm

Fibs are placed on MTF and HTF swing high > low and/or swing low > high, on different TFs (the higher the TF, the more powerful everything is) and swings that haven't been tested are valid for future reversal levels, so i place fibs there as well. As you've seen on most of my charts, i forecast future moves (thinking moves ahead rather than what happened yesterday or what's happening at the moment), so i simulate by placing them from the start of the move to where i believe it can reverse @ (as if the candlesticks were already there), and this can help plan future trades by finding enough confirmations in advance, so i just need to add alerts near the levels and i can take "snap" decisions when the levels are hit.

Remember?
"Find > Wait > Enter >Win. Never chase"

PS: High volatility will always kick-in for #Bitcoin when BVOL24H is @ Support.

🎁🎄