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Shytoshi Kusama Becomes Key Topic of SHIB Team's Warning to Haters
GameFi Guides

Shytoshi Kusama Becomes Key Topic of SHIB Team’s Warning to Haters

by admin August 17, 2025


  • Lucie praises Kusama
  • Lucie’s warning to dishonest SHIB partners

The pseudonymous SHIB marketing lead, known to the crypto community as Lucie, has published several tweets today, in which she criticized those crypto users who either hate and criticize SHIB or are using it to attract attention to their own tokens.

In one of those posts, she mentioned the lead developer Shytoshi Kusama, praising him for everything he has done to get SHIB where it is now.

Lucie praises Kusama

In her tweet, the SHIB marketing expert has underscored the roles that have been performed by Shytoshi Kusama and the top developer Kaal Dhairya and all the tremendous amount of work done by them to allow Shiba Inu to succeed.

Lucie reminded the community that SHIB has succeeded while overcoming multiple hurdles and headwinds, as well as opposing haters with all their “attacks, insults, nastiness and lies every day.”

I’d be sad if I didn’t see all the work and sweat the team puts in daily.

Big respect & thank you 🙏
So proud to see @kaaldhairya & @ShytoshiKusama in action.

We’ve cried, screamed, sweated, laughed and overcome everything.
We must finish this on top!

We face attacks, insults,… pic.twitter.com/RMCr9yVD6d

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) August 16, 2025

The key character features that help the SHIB team continue moving forward are “resilience, accountability and action.”

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Lucie’s warning to dishonest SHIB partners

Lucie also published a warning to, as she put it, “so-called SHIB partners,” accusing them of “throwing mud at the SHIB team, chasing cookie points,” and thus promoting their own coins to the SHIB community.

She added that some of those “partners” even moved sums around $15,000 monthly into a “sub-DAO,” but she claimed that they are doing that to fud Shiba Inu and its initiatives.

When they finally crash and burn after screwing everything up, don’t say I didn’t warn you 🙂

Because no matter how much hate or poison gets thrown around, it won’t stop us.

The SHIB ecosystem will keep building, growing, and pushing forward , no matter how many bad actors try…

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) August 16, 2025

Lucie stated that SHIB cannot be stopped by such dirty players. The SHIB team keeps building new products and improving old ones, she said.

“The SHIB ecosystem will keep building, growing and pushing forward, no matter how many bad actors try to drag it down.”





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August 17, 2025 0 comments
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Meta held talks to buy Thinking Machines, Perplexity, and Safe Superintelligence
Gaming Gear

Meta’s AI copyright win comes with a warning about fair use

by admin June 26, 2025


Meta won a major legal ruling in an AI copyright lawsuit brought by 13 authors alleging that the company illegally trained its AI systems on their work without permission. On Wednesday, Judge Vince Chhabria ruled in Meta’s favor, saying it is “entitled to summary judgment on its fair use defense to the claim that copying these plaintiffs’ books for use as LLM training data was infringement.”

However, the judge also pointed out some weak points in the ecosystem of Big Tech’s AI efforts and Meta’s arguments defending its actions as fair use. “This ruling does not stand for the proposition that Meta’s use of copyrighted materials to train its language models is lawful,” Judge Chhabria said.

“It stands only for the proposition that these plaintiffs made the wrong arguments and failed to develop a record in support of the right one.” The ruling follows Anthropic’s major fair use victory it won from a separate federal judge yesterday, who ruled that training its models on legally purchased copies of books is fair use.

Judge Chhabria says that two of the authors’ arguments about fair use were “clear losers:” the ability for Meta’s Llama AI to reproduce snippets of text from their books and that Meta using their works to train its AI models without permission diluted their ability to license their works for training. “Llama is not capable of generating enough text from the plaintiffs’ books to matter, and the plaintiffs are not entitled to the market for licensing their works as AI training data,” the judge wrote.

The plaintiffs didn’t do enough for a “potentially winning argument” that Meta’s copying would create “a product that will likely flood the market with similar works, causing market dilution,” according to Judge Chhabria. He also discussed the Anthropic ruling, saying that Judge William Alsup brushed aside concerns about the harm generative AI could “inflict on the market for the works it gets trained on.”



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June 26, 2025 0 comments
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Former Binance Boss Issues Chilling AI Warning
NFT Gaming

Former Binance Boss Issues Chilling AI Warning

by admin June 20, 2025


Former Binance CEO Changpeng Zhao has issued a warning about artificial intelligence (AI) being applied in new types of deepfake hacking. 

“Even a video call verification will soon be out of the window,” Zhao warned.

He also urged his followers not to install software from a non-official link. 

Earlier today, Mai Fujimoto, a well-known Japanese cryptocurrency influencer, revealed that her main X account had been hacked. 

Fujimoto claims that the hacking incident took place when she was on a Zoom call with a deepfake of her acquaintance. She was tricked into clicking an update link after struggling to hear the audio. 

Before joining the call, Fujimoto was not aware that the Telegram account of her acquaintance was actually compromised.  

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“She sent me the link and instructed me to follow some steps to adjust the audio settings, and I believe that’s when the attack compromised my computer,” Fujimoto said in a social media post on X. 

As a result, Fujimoto’s Telegram and Metamaks accounts were also compromised. 

This does not appear to be an isolated incident. On Thursday, it was reported that BlueNoroff, a malicious actor linked to North Korea, targeted an employee at a cryptocurrency foundation with the same trick. The employee spent several weeks on Zoom calls, seeing deepfaked AI-generated videos of their company’s executives. After facing a microphone issue, the victim was prompted to download a malicious extension that installed a keylogger, a screen recorder, and an information stealer focused on crypto asset. 

Such threat actors primarily target crypto sector workers and other types of remote employees. 



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June 20, 2025 0 comments
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Decrypt logo
NFT Gaming

Is Semler Scientific Flashing a Warning Sign for Bitcoin Treasury Firms?

by admin June 18, 2025



In brief

  • Semler Scientific’s mNAV hovered around one on Tuesday.
  • If mNAV falls below one, it becomes harder for a firm to increase Bitcoin per share.
  • The company can still “stabilize value,” according to VanEck’s Matthew Sigel.

Nasdaq-listed healthcare technology firm Semler Scientific was valued at a razor-thin premium compared to its Bitcoin holdings on Tuesday, according to the company’s website.

The firm’s mNAV, or multiple-to-net asset value, was recently 1.07. That means the company’s $498.5 million enterprise value—accounting for Semler’s market cap, debt, and cash balance—was slightly above that of its 4,449 Bitcoin worth $466 million.

Matthew Sigel, head of digital assets research at VanEck, told Decrypt that “Semler is now in a position where many Bitcoin treasury companies may find themselves in the coming quarters: trading close to NAV and facing pressure to demonstrate capital discipline.”

Decrypt reached out to Semler for additional comment.

Bitcoin treasury companies like Semler seek to maximize shareholder value by growing the amount of Bitcoin they own per share. When a company’s mNAV falls below one, it can no longer grow its Bitcoin per share by selling stock and using the proceeds to buy more Bitcoin. 



When Semler unveiled its latest Bitcoin purchase this month, the company said in a regulatory filing that it had recently acquired 185 Bitcoin for $20 million. Semler also signaled that it could sell $364 million worth of common stock through an at-the-market, or ATM, offering program.

In a recent interview with Decrypt, Ben Werkman, chief investment officer at financial services firm Swan Bitcoin, explained that a discount can spook investors in a Bitcoin treasury firm if they start to suspect that the firm can no longer raise funds in a way that benefits shareholders.

“The company has several strategic levers it can pull to stabilize value,” Sigel said. “If management prioritizes shareholders, I believe the risk/reward at current levels is favorable.”

On X, formerly, Twitter, Sigel said Bitcoin treasury firms can adopt safeguards, including pausing “ATM issuance if the stock trades below 0.95 times [net asset value] for 10 or more trading days” and prioritizing share “buybacks when BTC appreciates,” among other options.

In recent months, mNAV has become a popular metric for comparing Bitcoin treasury firms, as everyone from cannabis cultivators to asset managers have seized on the trend. But Semler is not a relatively new face, purchasing its first Bitcoin last May.

In April, Semler said that it had reached a tentative $30 million settlement with the U.S. Department of Justice to resolve allegations of federal anti-fraud law violations pertaining to its QuantaFlo product marketing. On Tuesday, Rosen Law Firm, a global investor rights law firm, said it would begin investigating potential securities claims on behalf of shareholders.

Semler’s stock price closed down 6.5% on Tuesday, dropping to $28.30, according to Yahoo Finance. The company has the 10th largest Bitcoin treasury by dollar value, just behind video game retailer GameStop, according to Bitcoin Treasuries.

Sigel noted that “legacy business issues which have worsened” may be weighing on Semler’s mNAV, along with a small market cap, low liquidity, and limited convertible bond issuances.

Some analysts have warned that if Bitcoin’s price falls below a certain level, it could force companies to sell their Bitcoin, reversing buying pressure this year.

Edited by James Rubin

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June 18, 2025 0 comments
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Ethereum token Pepe trading data. Image: TradingView
Crypto Trends

Meme Coin Massacre: Buying Opportunity or a Warning to Exit?

by admin June 17, 2025



In brief

  • PEPE dropped 12% as whales fled, triggering a wave of panic across meme coin markets already rattled by war headlines and macro volatility.
  • SPX6900 and Fartcoin tumble hard as charts break down, open interest dries up, and RSI signals shift from euphoria to exhaustion.
  • Bitcoin dominance hits 63.83% which signals a potential shift from high risk tokens to safer cryptocurrencies.

Meme coin investors are waking up to a bloodbath Monday, as the sector experiences sharp double-digit declines across the board.

Ethereum token Pepe plunged 12% to $0.000010, SPX6900 dropped 11.55% to $1.40, and Fartcoin fell 8.99% to $1.13 in the past 24 hours. In fact, across the crypto market, only Monero, AB, Form, and Bitcoin SV are showing any gains at all, and they’re less than 1.5%. The question on every trader’s mind right now is whether this represents a golden buying opportunity or the beginning of a deeper correction.

The broader cryptocurrency market is experiencing significant selling pressure as geopolitical tensions escalate and traditional markets show signs of strain, creating a perfect storm for risk-off sentiment that’s hitting speculative assets particularly hard.

The crypto carnage isn’t happening in isolation. Following Israel’s wave of airstrikes on Iran last Friday, the S&P 500 dropped and commodities like gold and oil spiked. Bitcoin’s dominance rose to 63.83%, a clear sign that investors are rotating out of riskier assets to hedges. In traditional finance, this means going from stocks to commodities; in crypto, this means going from shitcoins to Bitcoin.



Pepe faces whale-driven distribution

Ethereum token Pepe trading data. Image: TradingView

Pepe’’s 12% daily decline reflects a confluence of bearish factors that suggest more pain ahead. The technical picture on the weekly chart shows clear distribution patterns: With the price trading a little bit below $0.000010, the coin has broken below critical support levels.

On-chain data showing whale netflows spiked on June 16, signaling distribution and selling pressure. When whales—defined in this case as addresses controlling over 1% of the supply—begin moving tokens to exchanges, it typically precedes significant price declines. There’s little reason to move meme coins to centralized exchanges unless it’s to dump your bags.

Ethereum token Pepe trading data. Image: TradingView

Technical indicators paint an equally bearish picture. The Relative Strength Index, or RSI, which measures whether an asset is overbought or oversold, sits at 40.5 on the weekly timeframe, indicating weakening momentum without reaching oversold conditions that might trigger a bounce. The Average Directional Index, or ADX, at 26 shows a trending bearish market gaining strength. ADX measures trend strength regardless of direction.

Key support levels to watch include the $0.0000104 Fibonacci swing low—a break below this level could trigger cascading liquidations and extend losses toward $0.0000085. The 50-day EMA (average price over the last 50 days) at approximately $0.0000118 now acts as resistance, making any recovery attempts likely to face selling pressure.

SPX6900 tests its bullishness

SPX6900 meme coin trading data. Image: TradingView

SPX6900’s 11.55% drop comes after an extraordinary run that saw the token gain 230% between May and June. Currently trading at $1.50, the meme coin that mockingly positions itself as the S&P 500 of crypto is experiencing a classic case of profit-taking after reaching unsustainable heights.

What comes up, always comes down.

The weekly chart reveals SPX6900 consolidating within a large symmetrical triangle pattern, with the current week’s candle threatening to break below the lower trendline. The RSI has cooled from overbought levels above 75 to 69 (no meme), while the ADX at 26 suggests the previous strong trend is losing momentum but is still in play.

Critical support sits at $1.30. A weekly close below this level would confirm the triangle breakdown and could accelerate selling toward $1.08, where the short term EMA provides potential support. The next resistance can be set at around $1.80 if the bullish trend remains solid.

Fartcoin meets market reality

Solana token Fartcoin trading data. Image: TradingView

Fartcoin’s 8.99% decline might seem modest compared to its peers, and just a normal day in the life of a degen, but the technical setup suggests this Solana-based meme coin faces significant headwinds. Trading at $1.13, the token is struggling to maintain momentum after its parabolic rise.

The daily chart shows Fartcoin trapped within a small short descending channel, with the current week’s candle about to test the lower boundary. A broader view shows that even though things look bullish, the token’s last high on June 25 at $1.50 was not able to match May’s high mark of $1.60. This could signal that bulls can push for a recovery after a bearish correction, but not enough to sustain the pace it had weeks ago

The ADX reading of 17 indicates a lack of directional strength, suggesting the token is caught in a consolidation phase that could resolve in either direction. However, with the RSI at 37 on the weekly timeframe and 47 on the daily, it appears traders are potentially bearish, trying to sell their coins quickly.

Buy the dip or run for the hills?

The technical evidence across all three major meme coins suggests this correction has further room to run (and in a bad way). The combination of whale distribution in Pepe, derivatives unwinding in SPX6900, and technical breakdowns in Fartcoin paints a picture of a sector experiencing a necessary but painful reset after unsustainable gains.

However, for contrarian investors with strong risk tolerance, these levels might represent accumulation opportunities. History shows that panic selling rarely leads to smart decisions, and markets usually transfer money from the impatient to the patient. But it’s not as if we’re recommending patience (or recommending anything at all, really) with meme coins, which are famous for their short life spans.

The key differentiator will be Bitcoin’s trajectory and the resolution of current geopolitical tensions. If Bitcoin can hold above $100,000 and Middle East tensions ease, meme coins could see a relief rally—mimicking BTC, but with more volatility. But with Bitcoin dominance rising, and the Altcoin Season Index at extreme lows, the path of least resistance appears to be going lower for these speculative tokens.

Altcoin Season Index. Image: Screenshot

For traders considering entries, waiting for clear support holds and momentum shifts would be prudent. Pepe needs to reclaim $0.0000118, SPX6900 must defend $1.30, and Fartcoin requires a move above $1.28 to signal potential bottoms. Until then, the meme coin massacre may have a few more casualties to claim.

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

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June 17, 2025 0 comments
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Bitcoin Dips As Middle East Tensions Rise With Trump Warning
Crypto Trends

Bitcoin Dips As Middle East Tensions Rise With Trump Warning

by admin June 17, 2025



Bitcoin and cryptocurrency markets are dipping again as tensions in the Middle East further escalate, with US President Donald Trump leaving a summit of world leaders and posting an ominous message about Tehran.

Trump has reportedly requested that the National Security Council be prepared in the White House Situation Room as he returned early from the G7 summit in Canada on Monday, Reuters reported. 

The report comes just hours after Trump took to his social media platform, Truth Social, with a chilling message: “Everyone should immediately evacuate Tehran!”

Meanwhile, US Press Secretary Karoline Leavitt confirmed Trump arrived in Canada on Sunday for the annual G7 summit but departed early due to the escalating Israel-Iran conflict.

“Much was accomplished, but because of what’s going on in the Middle East, President Trump will be leaving tonight after dinner with Heads of State,” Leavitt wrote, according to CBS News.

Bitcoin price dips 

Bitcoin prices reacted immediately with a sharp 2% decline as it shed more than $2,000 over the past few hours.

Related: Bitcoin closer to equities than gold as Middle East war deepens

Bitcoin had earlier strengthened to an intraday high of $108,780, but the latest news sent it back to $106,421 before a minor recovery. 

It remains within a range-bound channel that formed in early May when it reclaimed six figures again and has remained above $100,000 ever since. 

Magazine: Will Bitcoin tap $119K if oil holds? SharpLink buys $463M ETH: Hodler’s Digest

This is a developing story, and further information will be added as it becomes available.



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June 17, 2025 0 comments
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Peak is a small, goofy co-op climbing game from the devs behind Another Crab's Teasure and Content Warning
Game Updates

Peak is a small, goofy co-op climbing game from the devs behind Another Crab’s Teasure and Content Warning

by admin June 15, 2025



It’s a crossover episode! Like the great team-ups of the past (Scooby-Doo and Batman, the Teenage Mutant Ninja Turtles and Batman), Totally Accurate Battle Simulator and Content Warning developer Landfall, and Another Crab’s Treasure developer Aggro Crab have come to make Peak. As in it’s literally called Peak, not a qualitative descriptor that’s been more widely adopted into Gen-Z slang that you have to Google because you’re not a spring chicken anymore.


Peak is an aptly named game too, as it’s all about climbing mountains. This being a game made by both Landfall and Aggro Crab, this obviously comes with a certain amount of silliness. Your virtual avatar is one that I can only describe as a “little guy”, who you can apparently customise with different outfits and accessories. It’s also playable in co-op, in fact that kind of seems to be the main selling point, but you can go solo too.

our new game PEAK is a climbing game with friends where the slightest mistake can spell your doom🗻

reach the top of the mountain as a group of scouts when it drops JUNE 16‼️ pic.twitter.com/5EADzD6gWd

— AGGRO CRAB 💥 (@AggroCrabGames) June 13, 2025

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The whole goal is to get to the top of the mountain (otherwise known as the peak of the mountain, if I need to spell it out for you), in hopes of being rescued after having crash landed on a mysterious island. There’s four biomes to wade through, and along the way you’ll have to pick up food to keep yourself going. You can get injured too, so unlike the example provided in the trailer above, you probably shouldn’t punt your med kit off the side of a cliff.


Interestingly, a majority of the game was made within a one month game jam, so you shouldn’t necessarily expect infinite content or whatever it is shareholders want these days. It just looks like a silly, goofy way to hang out with some friends for a few hours. It’s also out really soon! June 16th to be precise, so you’ve only got a couple of days to wait. You can wishlist it on Steam here.





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June 15, 2025 0 comments
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Bitcoin
Crypto Trends

Bitcoin Nearing ATH, But Social Media FOMO Signals Warning

by admin June 11, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Data shows Bitcoin sentiment on social media may be starting to become overheated, a sign that could end up being a threat to the price rally.

Bitcoin Social Media Sentiment Is Currently Notably Positive

In a new post on X, the analytics firm Santiment has discussed how sentiment around Bitcoin has changed on the major social media platforms after the latest recovery rally.

The indicator of relevance here is the “Positive/Negative Sentiment,” which compares the level of positive sentiment to negative sentiment around a given cryptocurrency on social media.

The metric works by filtering posts/messages/threads containing mentions of the asset and putting them through a machine-learning model that separates between positive and negative comments. The indicator counts up the number of both types of posts and takes their ratio to provide a net representation of social media.

Now, here is the chart shared by Santiment that shows the trend in the Positive/Negative Sentiment for Bitcoin over the past month:

The value of the metric appears to have spiked in recent days | Source: Santiment on X

As displayed in the above graph, the Bitcoin Positive/Negative Sentiment has seen a spike in the zone above the 1.0 mark, which suggests a flood of positive posts related to the asset have hit social media platforms. This turn toward a significant positive sentiment has come as the cryptocurrency’s price has been going through a recovery surge.

This isn’t a particularly unusual trend, as excitement tends to rise among traders whenever bullish price action takes place. In the context of the latest surge, especially, an uplift of sentiment isn’t surprising, as it has brought the price close to the all-time high (ATH).

While some hype is to be expected, an excess of it can be something to watch out for. The reason behind this is the fact that Bitcoin and other cryptocurrencies have historically tended to move in the direction that goes contrary to the crowd’s opinion.

This means that a surge of greed in the market is something that can lead to a top for the asset’s price. Similarly, a cooldown in sentiment can imply a bullish reversal instead.

From the chart, it’s apparent that the Positive/Negative Sentiment declined to a relatively low level a few days ago when Bitcoin saw a drawdown toward $100,000. This fear among social media users may have helped the coin reach a bottom.

After the latest spike in the indicator, the situation is now the opposite, with Fear Of Missing Out (FOMO) potentially developing among the investors. It now remains to be seen whether this overexcitement would provide impedance to the price rally or not.

BTC Price

Bitcoin briefly broke above $110,000 during the past day, but the asset has since seen a minor pullback as it’s now back at $109,500.

The trend in the BTC price over the last five days | Source: BTCUSDT on TradingView

Featured image from iStock.com, Santiment.net, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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June 11, 2025 0 comments
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bitcoin
Crypto Trends

Bitcoin Sell-Off Warning? Miner-To-Exchange Transfers Hit Historic Highs

by admin June 7, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin (BTC) experienced a mild sell-off yesterday, hitting a daily low of $100,372 on Binance crypto exchange. However, recent on-chain data suggests the price slump may persist, as BTC miners continue transferring coins to exchanges at unprecedented levels.

Bitcoin Miners-To-Exchange Transfers Hit Record High

According to a recent CryptoQuant Quicktake post by contributor CryptoOnchain, the total realized inflow from Bitcoin miners to exchanges has surged to historic highs. This spike likely contributed to the recent price tumble from the mid-$100,000 range.

For the uninitiated, Bitcoin miners’ total realized inflow to exchanges measures the actual amount of BTC that miners have transferred from their wallets to cryptocurrency exchanges. A sharp rise in this metric typically signals that miners are selling more of their holdings, which can increase supply in the market and potentially drive prices down.

CryptoOnchain shared the following chart showing miners’ inflows surpassing $1 billion per day between May 19 and May 28, 2025. If this trend continues, BTC could face a deeper correction, potentially falling into the low $90,000 range.

Source: CryptoQuant

A similar trend was observed earlier this year in January when BTC was in the midst of a historical rally, creating multiple new all-time highs (ATH) in quick succession. At the time, BTC miners offloaded close to 140,000 coins for roughly $13.72 billion.

Meanwhile, seasoned crypto analyst Ali Martinez pointed out another bearish signal. In an X post, he noted that the Bitcoin Market Value to Realized Value (MVRV) ratio has fallen below its 200-day simple moving average (SMA) – a sign that may lead to further selling pressure.

Source: ali_charts on X

When the MVRV ratio falls below its 200-day SMA, it suggests that the average market participant is holding Bitcoin at a loss or near break-even. This often indicates bearish sentiment or undervaluation, which can trigger further selling among small investors.

BTC Holders Cautiously Optimistic

Adding to the rising uncertainty, yesterday’s public feud between US President Donald Trump and Elon Musk further dampened market sentiment. Some analysts now predict BTC could fall as low as $96,000.

Fellow crypto analyst Anup Ziddi made a similar bearish forecast. The analyst recently stated that as long as BTC remains below $107,000, its chances of further crashes will remain elevated.

That said, there are still reasons for cautious optimism. Recent on-chain data shows that new Bitcoin whales are aggressively accumulating the asset, reinforcing the potential for a future supply squeeze. At press time, BTC is trading at $104,963, up 0.2% in the past 24 hours.

BTC trades at $104,963 on the daily chart | Source: BTCUSDT on TradingView.com

Featured Image from Unsplash.com, charts from CryptoQuant, X, and TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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June 7, 2025 0 comments
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Musk's $5 Trillion Debt Warning Seen as BTC Endorsement
GameFi Guides

Musk’s $5 Trillion Debt Warning Seen as BTC Endorsement

by admin June 4, 2025


Centibillionaire Elon Musk has stepped up his criticism of the massive tax-and-spending package pushed by the Republicans. 

In his latest social media post, he warned that the bill would increase the debt ceiling by a whopping $5 trillion. 

Musk has urged Republican Senators to “kill” the bill, which he previously slammed as a “disgusting abomination.” 

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Many Bitcoiners interpreted Musk’s stark debt warning as an endorsement of the largest cryptocurrency. Some have also urged the Tesla boss to put his laser eyes back on. 

Earlier this Wednesday, Musk also reacted to a post written by Coinbase CEO Brian Armstrong, who predicted that Bitcoin could end up supplanting the U.S. dollar as the world’s reserve currency unless the debt problem gets addressed by Congress. 



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June 4, 2025 0 comments
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