2026 Crypto trading and market thread

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Voodoo said:
Sure, so things slow down and it gets less usable. Understand that part, but how does that make it less secure.
Click to expand...

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

Bitcoin community weighs in on reports of Iran's crypto toll for oil ships​

The Bitcoin (BTC) community is discussing the feasibility and implications of the Iranian government accepting BTC for tolls paid by oil tankers crossing the Strait of Hormuz, a critical shipping lane through which about 20% of the global oil supply passes.

The reactions were sparked by a Financial Times report, published on Wednesday, which said that the Iranian government was considering BTC payments for oil tolls to avoid sanctions imposed by the United States.

Several conflicting reports have been published since the Financial Times article, which suggest that the tolls are payable in stablecoins or Chinese yuan, according to Alex Thorn, the head of firmwide research at crypto investment firm Galaxy.

More:

https://www.msn.com/en-us/money/mar...ll-for-oil-ships/ar-AA20CqdM?ocid=socialshare
 

Trump issues bold warning on Clarity Act to bankers​

On Apr. 25, President Donald Trump hosted an exclusive gathering at his Mar-a-Lago club in Florida, where he issued a stern warning to the banking industry.

Speaking to a few hundred top holders of the $TRUMP memecoin, the president made it clear that he would not allow traditional financial institutions to hinder the progress of new cryptocurrency laws.

More:

https://www.msn.com/en-us/news/poli...y-act-to-bankers/ar-AA21QdqY?ocid=socialshare
 

The Biggest Banking Change in 100 Years is About to Hit Your Wallet​

A massive shift out of traditional banks into gold-backed crypto and stablecoins could trigger the biggest bank run in a century, warns Garrett Goggin. “The US financial system used to be supported by the financial ministers of the G7... now it's being decentralized to millions of end users using Tether Dollar.”
 

 

Actor Ben McKenzie Warns of the Dangers of Crypto: It's a “House of Cards” | Amanpour and Company​

May 12, 2026 #amanpourpbs
Cryptocurrency has evolved from a fringe phenomenon to a powerful politico-economic force in Washington. This week the Senate will consider a long-awaited bill that could hand the industry a major regulatory win. The consequences could be "deeply troubling," says Ben McKenzie. His new documentary "Everyone Is Lying to You for Money" takes a deep dive into the complicated world of crypto. The writer, director and producer joins the show to explain why he believes the risks are far greater than many realize.

17:57
 
This one is 47 mins long. May want to listen in segments, if interested.

The Wolves of Fraud Street: Crypto’s Enron Era With Ben McKenzie

May 12, 2026 The Lincoln Project Podcast
Actor-turned-crypto-whistleblower Ben McKenzie joins Rick Wilson for a brutal, no-bullshit takedown of the crypto industry just as Congress barrels toward two major crypto bills hitting the floor this week on Capitol Hill. From meme coins and “decentralized finance” scams to billion-dollar rugpulls, political bribery, and money laundering dressed up in Patagonia vests and TED Talk jargon, Rick and Ben break down how crypto became the preferred playground for grifters, oligarchs, libertarian weirdos, and every guy who says “bro” before pitching financial collapse. They unpack why Washington suddenly wants to legitimize the casino after years of fraud, who’s cashing in, and why the American taxpayer always seems to end up holding the empty bag while crypto bros flee to Dubai. It’s the great Ponzi scheme of our time — powered by hype, corruption, influencer cults, and vibes-based economics — and the wheels may finally be coming off in public.

47:06
 
Thought this interesting but have a lot of reservations about the subject matter. Kinda sounds like scam shit...........imo.

Inside Nigeria's crypto craze • FRANCE 24 English​

May 15, 2026 #Nigeria #crypto #cryptocurrency
Over the past few years, cryptocurrency has become part of everyday life for nearly one in 10 Nigerians. Some use it to get around the naira, the Nigerian currency, which has lost much of its value in recent years. Others, particularly young people, buy and sell crypto assets on trading platforms in the hope of quick returns. Yassin Ciyow reports.
Read more about this story in our article: https://f24.my/BvOL.y

12:40
 
BTC tumbled this morning and I'm hearing Saylor's Strategy shit was facing huge losses.
 
Of course they are, Ponzi gonna die when the bankers get nervous. Even their last 10-Q shows all the numbers are unaudited.

I did not know they had so many other tickers for the preferred shares. For the love of god don't own MSTR. Others are STRC, STRD, STRF, STRK
 
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So as of their report Mar 31, 2026. They owned 762,099 BTC for 57.6 Billion costs (75,694 / avg) and $51.6 Billion value (67,772). So their loss as I'm writing this are now another $3.3 Billion dollars.
 
I never started a dedicated thread for ZCASH and don't really feel like starting one now, but here's a real world example that just because something has seemed solid for a few years doesn't mean it is...

 
Voodoo said:
Crosshair's for what? Terrible business ideas?
Click to expand...
I was thinking the same thing. Saylor attended Trump's crypto ball and sat at a table with him. Hard to think he's "in the crosshairs" for anything from the Trump administration.
 
Knowing Tom I think he's talking about how some people took over the crypto's. I'm still hoping this is all connected and Chump really still is on these bad bankers in Europe like Tom states. Its very odd that Gamestop bought some BTC (like 4,900 a couple years ago). Did nothing with it and RC didn't really seem all that enthused about it. I felt all along that this was just a counter as they had been using Crypto's as their liquidity to keep pumping liquidity into all of their scams.

RC recently stated somewhere about the EBAY bid that "we shall see what happens"
Trump stated that exact thing as well recently.
 
  • Bitcoin on Friday fell as low as $59,764.90, its lowest level since October 2024.
  • The cryptocurrency is on pace for a 17% weekly loss amid a record streak of bitcoin ETF outflows and a break for bitcoin from its dominant narratives.
  • Bitcoin ETFs on Thursday collectively eked out a net inflow of $3 million, snapping a 13-day streak — and their longest streak ever — of outflows.

Bitcoin cracks $60,000, sinking to lowest level since October 2024

The weeklong sell-off was exacerbated after a stronger-than-expected May jobs report Friday sent yields higher and pressured risk assets.
www.cnbc.com
 
More entertainment than news.

The Bitcoin Farmer

Jun 5, 2026 MADEIRA
I travelled to Madeira to investigate a family farm 400 metres up a mountainside. Fred and Daniela grow herbs, succulents and endemic species using permaculture methods. But their secret? They heat their greenhouses with Bitcoin miners.
And they HODL all their bitcoin.
The waste heat from the mining hardware replaces conventional electric heaters that would cost hundreds of euros a month. During the day, solar panels power the miners for free.
At night, the Bitcoin earned roughly offsets the grid electricity. The result: greenhouse heating that pays for itself — and then some.
This is a story about one family building a farm that doesn't need permission from anyone. Not from the banks, not from the energy company, not from the industrial food system. Just sun, soil, sats.

23:36

Edit to add: If you want a few laughs check out this guy's channel.

Joe Nakamoto

Recovering financial journalist turned bitcoin investigator. Subscribe for Bitcoin stories, advocacy, challenges and real world use. My bitcoin work has been featured on the BBC, the FT, the Guardian and many more. I’ve also; ✈️ Used Bitcoin in 30+ countries and explored 15+ Bitcoin...
www.youtube.com
 
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