2026 Crypto trading and market thread

[pmbug]

Sure, so things slow down and it gets less usable. Understand that part, but how does that make it less secure.

When miners stop mining (because it is unprofitable and they are bleeding cash), mining hash power (activity) concentrates amongst a smaller pool of miners. Security is threatened when one miner accumulates too high a threshold of the total mining pool. That miner then has the power to control the blockchain (effecting "51%" attacks or other manipulations). Too much centralization of the mining pool = security risk.

 

[pmbug]

Klaxons are blaring...

 

[Voodoo]

Here's a hint, Mr Saylor, do like the other shadiest companies and just move it off balance sheet and pretend its Gone... poof.

 

[searcher]

Bitcoin falls as much as 5% as Trump tariff moves raise uncertainty

Bitcoin fell by as much as 5% after President Donald Trump announced plans to raise global tariffs to 15%, rattling risk sentiment across markets.

www.cnbc.com

 

[pmbug]

 

[Goldhedge]

crypto anyone?

You WON’T BELIEVE What We Found In The Epstein Files​

From the hijacking of bitcoin to the passing of the GENIUS Act, a deep dive in the Epstein files reveals Epstein's fingerprints are all over the transformation of the global economy and our digital currency enslavement. Aaron Day joins us today to discuss "The Hijacking of Bitcoin," his detailed and well-documented breakdown of how and why Epstein hijacked bitcoin.

 

[Voodoo]

This is a pretty deep dive by a Redditor on the Gamestop thing. However, it dives into how they setup and use crypto for Liquidity, much as I have surmised by just watching them move prices around.



Most relevant to crypto bits...

I found them in an unlikely place: FTX's "Tokenized Stocks." Starting in October 2020, FTX sold crypto tokens claiming each one was backed 1:1 by real GME shares held at a tiny German broker called CM-Equity AG. A U.S. prime broker could use that German attestation as a locate without checking whether the physical shares actually existed. Reg SHO only requires a "reasonable belief." Not proof.

The loop feeds itself: Tether mints create Treasuries, Treasuries become repo collateral, repo cash becomes margin for equity shorts. When the system needs a drink, it triggers another mint.

When the equity desk needs cash, the crypto desk liquidates. When the crypto desk needs compliance cover, the options algo generates synthetic close-outs. The layers aren't independent systems. They're one machine with six moving parts, and BNY Mellon is the common nerve center.

On a bigger scale I think this pretty much points to the FED themselves. Obviously a bad bank to keep an eye on.

Both Citadel and Jane Street manage their London derivative books through the same custodian: BNY Mellon. Jane Street's ISDA Credit Support Annex charge was filed in April 2022, right when the Fed started hiking rates. BNY Mellon isn't a passive vault. It simultaneously generates the cash (Dreyfus money market funds), manages the collateral, clears the trades (Pershing), custodies the positions ($52.1 trillion in AUC/A as of Dec 2024), and controls the DTCC (Depository Trust & Clearing Corporation) settlement layer. One institution touches every link in the chain.