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On today's issue:
Trump's $MAGA
Messari's CEO step down
Mt. Gox has $6B to go
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After Trump's attempt, the $MAGA memecoin representing Trump's presidential candidature has soared both in popularity and price. Prediciton market's now estimate Trump winning at 70%+, and Trump's Bitcoin and crypto policies are getting to price the market positively.
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Ryan Selkis, a top thought leader of the crypto space and CEO of the research firm Messari, has stepped down from his CEO role after some heated and controversial tweets around Trump's assassination, and anti-immigrant behaviors.
Another reminder to stay away from tweeting everything that comes to mind (intrusive thoughts), and a cautionary tale to other leaders in the space to act with honor every moment.
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After a decade long dispute of Mt. Gox falling, creditors are getting paid back their BTC reserves. Around ~$9B are to be paid, and this week, $3B were distributed back, so there's $6B to go. A Reddit poll assured that the majority of creditors will HODL on to their Mt. Gox Bitcoins, which honestly, they would've probably sold over these past decade.
Market dropped 3%, but has rebounded. It seems like creditors are bulls in this case.
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Disclosure: All content published is for informational purposes only, and does not constitute any sort of financial advice.
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