Good piece by Joe.
Lot of these dynamics take time to run their course. Kind of what a bear market is all about.

10 REASONS WHY THIS IS THE WORST CRYPTO WINTER EVER
In today's newsletter, I wrote about how there are just numerous dynamics all happening at once -- from Epstein to quantum to AI to the death of crypto twitter -- clobbering the coins

Joe Weisenthal

Twitter

Binance’s SAFU fund, created to protect user assets, continues to increase its Bitcoin reserves.
According to the latest information, SAFU Fund has purchased an additional 4,225 $BTC, worth approximat...

Binance’s SAFU Fund, Created to Protect User Assets, Has Purchased Bitcoin Again! Here’s the Amount of the Latest Purchase

Original article | Odaily Odaily(@OdailyChina)
Author｜Azuma (@azuma_eth)
In 2014, CZ, who had only been exposed to the concept of cryptocurrency for a year, made the most daring investment of his life—selling his apartment in Shanghai and "All In" on about 1,500 BTC for a three-figure price. Twelve years later, if CZ had never sold, this investment would have brought in a substantial profit of hundreds of millions of dollars (peak return of about $189 million).
Compared to the later establishment of Bina...

The day CZ missed his best investment, Crypto missed out on AI.

Bitcoin miner Cango completed a sale of 4,451 Bitcoin worth roughly $305 million to reduce debt and fund its transition to AI computing, the company announced Monday.
The company currently holds more ...