2025 crypto trading and market thread

[Voodoo]

No one selling that much on a Sunday is an idiot or doing that by ACCIDENT. Completely planned and exactly what we've seen in metals forever, do the math.

 

[pmbug]

 

[searcher]

Bitcoin slumps to $108,000 as investors gear up for September: CNBC Crypto World​

Aug 29, 2025 #CNBC #CNBCTV #Crypto
On today's episode of CNBC Crypto World, major cryptocurrencies drop as investors gear up for for a new trading month. Plus, the CFTC looks to allow international crypto exchanges serve American customers. And, Ben Kurland of DYOR discusses what crypto performance could look like in September.


13:33

Chapters
00:00 - CNBC Crypto World, Aug 29, 2025
0:23 - Crypto turns lower
1:14 - The headlines
3:59 - Ben Kurland of DYOR

 

[nickndfl]

We might see $106k before it reverses on a rate cut. BTC will be used to soak up liquidity and cap inflation of other assets like real estate.

 

[pmbug]

Was reading some speculation that, bear case, it could fall to 86k.

 

[Voodoo]

That's just slightly over the definition of a bear market, ie 20%.

 

[searcher]

Trump's World Liberty token falls sharply a day after it begins trading: CNBC Crypto World​

Sep 2, 2025 #CNBC #CNBCTV #Crypto
On today's episode of CNBC Crypto World, bitcoin rises back while the Trump-backed World Liberty Financial token falls after it began trading on Monday. Plus, crypto platform Gemini looks to raise more than $300 million dollars in its U.S. IPO. And, Ryan Rasmussen of Bitwise Asset Management breaks down the firm's long-term outlook for bitcoin.


12:46

Chapters
00:00 - CNBC Crypto World, Sept 2, 2025
0:23 - Bitcoin rises, WLFI falls
1:05 - The headlines
3:32 - Ryan Rasmussen of Bitwise

 

[searcher]

Bitcoin climbs after dismal jobs report fuels rate cut hopes: CNBC Crypto World​

Sep 5, 2025 #CNBC #CNBCTV #Crypto
On today's episode of CNBC's Crypto World, bitcoin climbs after it was revealed that payrolls rose less than expected in August. Plus, crypto billionaire Justin Sun says his World Liberty Financial tokens have been "unreasonably" frozen. And, Sergey Nazarov, co-founder of Chainlink, reveals what was discussed during a meeting with SEC Chair Paul Atkins.


12:39

Chapters
00:00 - CNBC Crypto World, Sept 5, 2025
0:27 - Bitcoin climbs
1:14 - The headlines
4:22 - Chainlink’s Sergey Nazarov

 

[pmbug]

The crypto community was left disappointed as MicroStrategy (Nasdaq: MSTR) couldn't join the S&P 500 list after the rebalance on Sep. 5.
...

https://www.thestreet.com/crypto/markets/hopes-dashed-as-microstrategy-snubbed-in-s-p-500-rebalance

 

[pmbug]

 

[Voodoo]

They know its a damn ponzi scheme. No reason to invite. But its also because they own Bitcoin and Gamestop ruined their party... There's another company not getting into the S&P 500

 

[nickndfl]

Sold MSTU & BITI. I made more $ in gold and silver stocks.

 

[pmbug]

Russia having some strong words:

Putin’s advisor Kobyakov: The U.S. has devised a crypto scheme to erase its massive debt at the world’s expense.

“The U.S. is now trying to rewrite the rules of the gold and cryptocurrency markets. Remember the size of their debt—35 trillion dollars. These two sectors (crypto and gold) are essentially alternatives to the traditional global currency system.

Washington’s actions in this area clearly highlight one of its main goals: to urgently address the declining trust in the dollar.

As in the 1930s and the 1970s, the U.S. plans to solve its financial problems at the world’s expense—this time by pushing everyone into the “crypto cloud.” Over time, once part of the U.S. national debt is placed into stablecoins, Washington will devalue that debt.

Put simply: they have a $35 trillion currency debt, they’ll move it into the crypto cloud, devalue it—and start from scratch.

That’s the reality for those who are so enthusiastic about crypto.”

 

[pmbug]

There’s a large-scale supply chain attack in progress: the NPM account of a reputable developer has been compromised. The affected packages have already been downloaded over 1 billion times, meaning the entire JavaScript ecosystem may be at risk.

The malicious payload works by silently swapping crypto addresses on the fly to steal funds.

If you use a hardware wallet, pay attention to every transaction before signing and you're safe.

If you don’t use a hardware wallet, refrain from making any on-chain transactions for now.

It’s still unclear whether the attacker is also stealing seeds from software wallets directly at this stage.

Wow! The entire crypto space (ie. just about every browser based wallet, extension or website) may be at risk as JavaScript itself suffers a hack injecting malicious code designed to hijack transactions for Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Tron (TRX), Litecoin (LTC), and Bitcoin Cash (BCH).

 

[Voodoo]

Ahhh what... English please. I thought Javascipt was thrown out years ago.

 

[Voodoo]

Also, just fundamentals don't cut it at Strategy and this is why I call it a ponzi scheme. Just the past 5 quarters of "growth".

Tangible Book Value
-16,885,754
-11,324,843
-5,679,389
-3,077,230
-2,853,091
Total Debt
8,213,848
8,194,372
7,248,078
4,269,953
3,905,044

 

[pmbug]

Ahhh what... English please. I thought Javascipt was thrown out years ago.

JavaScript still used a lot. Many websites (like exchanges - uniswap, simple swap, etc.) and soft wallets (Metamask, etc.) may be at risk.

 

[nickndfl]

Putin got the US debt wrong. It's $37T not 35.

 

[pmbug]

Update on the NPM attack: The attack fortunately failed, with almost no victims.

It began with a phishing email from a fake npm support domain that stole credentials and gave attackers access to publish malicious package updates. The injected code targeted web crypto activity, hooking into Ethereum, Solana and other chains to hijack transactions, and replacing wallet addresses directly in network responses.

The attackers’ mistakes caused crashes in CI/CD pipelines, which led to early detection and limited impact. Still, this is a clear reminder: if your funds sit in a software wallet or on an exchange, you’re one code execution away from losing everything. Supply chain compromises remain a powerful malware delivery vector, and we’re also seeing more targeted attacks emerge.

Hardware wallets are built to withstand these threats. Features like Clear Signing let you confirm exactly what’s happening, and Transaction Checks flag suspicious activity before it’s too late.

The immediate danger may have passed, but the threat hasn’t. Stay safe.

 

[pmbug]

I thought it was strange when World Liberty Financial bought a lot of CRO a while back. I guess it makes sense now.

 

[pmbug]

More on the Trump - CRO story:

September 10, 2025 (GLOBE NEWSWIRE) -– Yorkville Acquisition Corp. (Nasdaq: MCGA), today along with the founding partners of Trump Media CRO Strategy, Inc. provides key information as the Business Combination (defined below) process continues to current and prospective shareholders, stakeholders, and partners regarding the announcement of Trump Media Group CRO Strategy, Inc.

Yorkville Acquisition Corp. will be renamed to Trump Media Group CRO Strategy, Inc. upon the closing of the proposed business combination (the “Business Combination”) among Yorkville Acquisition Corp., Trump Media & Technology Group Corp. (Nasdaq, NYSE Texas: DJT) (“Trump Media”) and Crypto.com. The parties previously entered into a definitive agreement for a Business Combination to establish Trump Media Group CRO Strategy, Inc., a digital asset treasury company focused on the acquisition of the native cryptocurrency token of the Cronos ecosystem (“CRO”).


Is there currently a public company?

Yes. Yorkville Acquisition Corp. (NASDAQ: MCGA) is currently a publicly listed special purpose acquisition company, known as a SPAC. At the closing of the Business Combination, Yorkville Acquisition Corp. will be renamed Trump Media Group CRO Strategy, Inc. to better identify and align itself with its future business plans as a CRO treasury company.


Will Yorkville Acquisition Corp. be renamed Trump Media Group CRO Strategy, Inc.?

Yes. Yorkville Acquisition Corp. (Nasdaq: MCGA) is the existing special purpose acquisition company, known as a SPAC, that will be acquiring assets from Trump Media and Crypto.com. At the closing of the Business Combination, Yorkville Acquisition Corp. will be renamed Trump Media Group CRO Strategy, Inc. The Business Combination is subject to customary closing conditions, and no assurances can be given that the closing will in fact occur.


Who are the major players in this transaction?

The founding partners are:

• Trump Media & Technology Group Corp. (Nasdaq, NYSE Texas: DJT)
• Crypto.com
• Yorkville Acquisition Corp. (Nasdaq: MCGA)

Together, following the closing of the Business Combination, we will establish Trump Media Group CRO Strategy, Inc. as the first publicly listed CRO-focused digital asset treasury company.


Why are the founding partners pursuing a CRO digital asset strategy?

Since digital asset treasury strategies were pioneered, a number of companies have pursued various digital asset strategies, primarily in two ways: The first set of companies are adding treasury strategies to their existing businesses (which may be unrelated to the treasury strategies) to diversify their balance sheets and prepare for the financial market of today and tomorrow. The second set of companies are more pure plays in that their businesses are interwoven with the treasury strategy itself. The founding partners are pursuing this latter category..


We believe this proposed pure play strategy will enable us to deploy a higher percentage of capital to the acquisition of CRO because, in contrast to the first category of companies, capital will not be needed to support other, sometimes unrelated, businesses. Moreover, this strategy is expected to be the first and largest publicly traded CRO treasury company, as well as one of the largest digital asset treasury companies to date.


The founders believe that the sheer size and structure of this project, with the additional expected funding of potentially over $400 million in cash and a further $5 billion equity line of credit to acquire additional CRO, as well as the agreed-upon share lock-ups by our founding partners and the treasury’s validator strategy make it a unique and compelling offering compared to prior-generation digital asset treasuries.


Additionally, the ability to integrate a utility token with another digital platform, as CRO will be with Truth Social, highlights the advantages of CRO, which can be integrated across existing digital networks – potentially creating engagement-based rewards systems, upgrading infrastructure and enabling wallet capabilities.
...
Why CRO and not Bitcoin or another token?

The founding partners believe CRO offers a unique opportunity:

• It represents the backbone of a growing blockchain ecosystem (Cronos).
• CRO enables both utility (transactions, fees, governance) and yield generation (staking rewards).
• By operating a validator node, the company can compound its CRO holdings, a strategy not available with Bitcoin or other targets we considered for our DAT strategy.

...

More:

Yorkville, Now Trading as $MCGA, Pulls Back the Curtain on Unprecedented Planned Business Combination

Yorkville Acquisition Corp. (Nasdaq: MCGA), today along with the founding partners of Trump Media CRO Strategy, Inc. provides key information as the Business Combination (defined below) process continues to current and prospective shareholders, stakeholders, and partners regarding the...

mcga.com

 

[pmbug]

Just FYI, I've started the process of selling most of my crypto holdings. I think the upside for crypto moving forward is likely less than the upside for gold and especially silver. The entire crypto market seems too highly correlated with the stock market and I think there is a strong likelihood that a correction is overdue and coming. I'm still watching the space, but I just think there is too much risk for my taste right now.

 

[pmbug]

Another potentially major wallet attack vector ...

What to know:

• A new malware strain called ModStealer is evading major antivirus engines and targeting crypto wallet data.
• ModStealer uses obfuscated NodeJS scripts to bypass signature-based defenses and is distributed through malicious recruiter ads.
• The malware affects Windows, Linux, and macOS, supporting data exfiltration, clipboard hijacking, and remote code execution.

...
A new strain of malware purpose-built to steal crypto wallet data is slipping past every major antivirus engine, according to Apple device security firm Mosyle.

Dubbed ModStealer, the infostealer has been live for nearly a month without detection by virus scanners. Mosyle researchers say the malware is being distributed through malicious recruiter ads targeting developers and uses a heavily obfuscated NodeJS script to bypass signature-based defenses.
...
Unlike most Mac-focused malware, ModStealer is cross-platform, hitting Windows and Linux environments as well. Its primary mission is that of data exfiltration, and the code is presumed to include pre-loaded instructions to target 56 browser wallet extensions designed to extract private keys, credentials, and certificates.
...

More:

Beware Bitcoin, Ether, Solana, XRP Wallets: This Virus Is Targeting Browser Wallets

The code includes pre-loaded instructions to target 56 browser wallet extensions and is designed to extract private keys, credentials, and certificates.

www.coindesk.com

 

[pmbug]

Just finished selling my Solana (SOL) holdings as it hit near $240/SOL. Solana was a good performer for me. I think I acquired most of it at around $20/SOL in early 2023.

 

[searcher]

Winklevoss-founded Gemini soars in Nasdaq debut: CNBC Crypto World​

Sep 12, 2025 #CNBC #CNBCTV #Crypto
On today’s episode of CNBC Crypto World, shares of Gemini soar after the exchange operator raised $425 million in an initial public offering. Plus, Tether launches a new token for institutions in the United States. And, Roger Bayston, head of digital assets at Franklin Templeton, breaks down a new partnership between the investment giant and Binance.


10:58

Chapters:
00:00 - CNBC Crypto World, Sept 12, 2025
0:22 - Bitcoin climbs
1:01 - The headlines
3:07 - Franklin Templeton's Roger Bayston

 

[pmbug]

... Plus, Tether launches a new token for institutions in the United States. ...

 

[pmbug]

Crypto is typically the first to feel the pain when repo markets get stressed. It is super-levered to margin debt compared to equities, and hence, funding cost/stability matters much more.

Worth noting: in the Sep 2019 “repocalypse,” BTC collapsed 20% that month while equities stayed resilient (S&P down only 1%).

Of course, BTC is a much deeper market today than it was then, and equity margin debt usage has risen significantly since 2019. Still, BTC’s relatively higher sensitivity to margin and repo dynamics remains a constant.

Watch the crypto space as repo mkt is in flux.

Caveat emptor...

 

[nickndfl]

I sold all my crypto and bought more gold and silver.