So, what’s behind this latest crypto catastrophe? Well, it appears that two main culprits are to blame. First up, we have none other than President Donald Trump, who recently took to Truth Social (because where else would he go?) to unleash a tirade against China, accusing them of breaking their trade agreement with the US. Because, of course, when the President tweets, the crypto market listens. 📉
In the midst of this market pullback, most cryptocurrencies are experiencing a red Friday, as if they all decided to wear the same unfortunate outfit. Bitcoin (BTC) and Ethereum (ETH) are momentarily losing their footing, and Solana, the once-mighty altcoin, has joined the ranks with a 6% retracement. How delightful! 🎢
As the reports from the conference flowed in, it became clear that this Cyberbeast was not merely a pretty face. With an impressive 845-horsepower tri-motor system, it could tow a staggering 11,000 pounds. One might wonder, is it a truck or a superhero in disguise? 🦸♂️
Hold onto your wallets, because if ETH slips below this pivotal point, it might unleash a bearish avalanche bigger than grandma’s fruitcake. Investors are biting their nails—well, those brave enough to still have fingers—watching Ethereum try to pull itself together after several heroic but failed attempts to climb higher. Spoiler alert: it’s like watching a toddler trying to walk after eating three cupcakes—an adorable mess!
On May 29, 2025, the SEC waved its magic wand and issued a ban, claiming these platforms were serving unauthorized potions to the unsuspecting Thai users. The Ministry of Digital Economy and Society is gearing up to cast a technological spell to prevent users from engaging in these treacherous trades. Investors, heed this warning: withdraw your gold before the deadline, or risk losing it all! 🏃♂️💨
And here’s the twist: Schiff, with all the charm of a grumpy uncle at a family reunion, claimed he’s probably the reason more folks own Bitcoin than anyone else in that room. “Based on what I’ve been told by countless people who have asked me to pose for selfies with them, I am probably responsible for more people owning Bitcoin than any other person at this conference,” he quipped, as if he were handing out candy at a Halloween party. “And every time I tell you guys not to buy Bitcoin, you buy more.” Oh, the irony! 😂
In a delightful twist of irony, Trump went on Truth Social to unveil his diplomatic masterpiece. The man who prides himself on making the “best deals” had previously chosen to broker an agreement with China, convinced that his tariffs were pushing the entire Asian behemoth into a veritable “grave economic danger.” How noble! The savior of nations!
The final tally was nothing short of a spectacle: 4.9 billion votes stood firmly against the initiative, while a mere 3.9 million dared to support it. An additional 8.85 million shares, perhaps too busy contemplating their existence, abstained from voting altogether. This significant margin serves as a stark reminder that Meta’s investors are not quite ready to embrace the wild world of Bitcoin, especially with the ever-watchful eyes of regulators lurking in the shadows and the volatility of digital assets resembling a soap opera plot twist.
Our so-called “investors” have been swept into the dark waters of liquidation, where figures from the oracle CoinGlass reveal that an astonishing $712 million has been obliterated in the past day alone. Truly, it appears the trading floor has become a battlefield—another day in the sad saga of speculation gone awry.
Unlike the ho-hum approaches of its peers, RexShares has opted for a model that dances to the beat of its own drum. Forget the usual 19b-4; this is a 40-Act fund, a structure as unique as a snowflake in July! ❄️