Strike’s Jack Mallers Juggles Two Bitcoin Hats Without Losing His Mind
“This ain’t me jumping ship,” Mallers wrote stiffly in a letter to the faithful on April 25. “It’s me adding another oar to the boat.”
“This ain’t me jumping ship,” Mallers wrote stiffly in a letter to the faithful on April 25. “It’s me adding another oar to the boat.”
Amidst the sprawling canvas of regulatory decree and juridical whimsy, Coinbase (Nasdaq: COIN) brandishes its banner on the digital battleground known as platform X. It announces, almost as one would proclaim from a prison cell window, that the promise of crypto staking rewards—those elusive fruits of decentralized labor—is being cruelly withheld from citizens of four wary states.
“We might hawk an eclectic medley of these securities in one or several flamboyant offerings, priced and defined in the mysterious hours before the curtain rises, aggregating up to an extravagant $1,000,000,000,” quoth the filing, with neither modesty nor restraint.
Bitcoin just flirted with $95,000 like a cat with a fish, making the $100,000 party look less like a dream and more like a rowdy reunion.
The blockchain’s cold ledger reveals a river of riches flowing outward—over $869 million slipping through grasping fingers in but seven days—while a mere trickle of $96 million flowed inward. It was during this carnival of exits that the great showman announced a banquet for the “top 220” holders, a tantalizing ticket to blend with the potentates in Washington’s dance halls. Yet the crowd fled rather than flocked. 🤡
Brazil, eager as a kid with a new kite, had already paved the dusty trail last year with its approval of a Solana ETF. Now, this little XRPH11 might just have eyes set on stirring the US market’s sleepy regulators awake—though trading numbers play coy and hide like shy coyotes under moonlight.
Alongside him in this peculiar theater stand the ignominious Sam Bankman-Fried, now a guest of the state — or rather, his comfortable confines of incarceration — for pilfering some $8 billion in what could be poetically described as “customers’ loose change.” The exchange, once gilded with promise, has since crumbled, leaving behind nothing but murmurs and court papers.
This unexpected marriage means the new company will keep mining those irresistible DOGE coins nonstop, while Coeptis’ pharma biz does its own solo dance on the side. Result? One giant crypto-mining powerhouse with a focus on Dogecoin and its crypto cousins like Litecoin (LTC), because loyalty to BTC only gets you so far these days.
Just four days into his tenure (yes, FOUR), Atkins was already making waves at his first-ever SEC crypto roundtable. He eagerly announced that he’s finally going to address “long festering issues such as the regulatory treatment of digital assets and distributed ledger technologies.” Wow, truly groundbreaking stuff. It’s almost as if he’s read the news or, better yet, the future! The roundtable discussed those pesky issues like, you know, how to keep crypto assets safe for customers while adhering to those old-fashioned federal securities laws.
According to the all-knowing oracle known as CoinMarketCap, the technical runes suggest this hiccup is but a mere interlude, a pause before the inevitable encore. Indeed, Tron’s Bollinger Bands are squeezing tighter than one of Aunt Agatha’s corsets—an unbearable tension that promises a breakout, or at least a dramatic faint.