Infinity

@infinitychain

945 Following

195 Followers

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GM to all the early birds!

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GM, fellow survivors of the crypto jungle! Woke up, checked the charts, and yep—still bleeding. Bears are out here doing parkour while my portfolio looks like it lost a fight with gravity.

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Gen Z is set to become the world's wealthiest generation by 2035, with their total wealth expected to grow 720% between 2023 and 2040. Their global income could reach $74 trillion by 2040, and their spending is rising faster than average. Despite job market challenges, Gen Z’s wages grew nearly 8% in February—twice the overall average. The transfer of wealth from Baby Boomers may further boost their financial future.

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Elon Musk has sold X to his AI company, xAI, in a stock deal, sparking controversy amid an ongoing lawsuit. The transfer happened on March 28, with Musk valuing xAI at $80 billion and X at $33 billion. He claims the merger will unlock new potential, but critics argue he may be misleading investors and planning to sell user data. xAI is known for its AI chatbot, Grok.

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Santiment Warns: Investor Greed Could Lead to Bitcoin Correction Bitcoin surged past $88,000, fueling market optimism, with some traders predicting $159,000. Santiment warns that excessive bullish sentiment could trigger a price correction, as markets often move against public expectations. On-chain data shows some whales are selling, but Bitcoin still gained 5.7% this past week.

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PumpSwap Hits $1.5B in Weekly Trading Volume New Solana-based DEX PumpSwap, launched by Pump.fun, reached $1.52B in trading volume within a week. It processed 14M+ transactions, collecting $3.03M in fees with a 0.25% fee structure. Most trades are small, with 65.22% under $10 and 21.40% between $10-$100. The platform has 441K active wallets and supports more than just meme coins using a constant product AMM model.

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Toulouse Becomes Europe's First City to Accept Crypto for Public Transport From March 17, 2025, Toulouse, France, allows Bitcoin and 70+ cryptocurrencies for metro and public transport payments. Passengers can convert crypto to euros via an Android app by Tisséo. A single ticket costs 0.000024 BTC (€1.80). The project is a collaboration with Lyzi and Binance.

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Strategy Adds Another $500M+ in Bitcoin! Michael Saylor’s Strategy has expanded its Bitcoin holdings again, snapping up 6,911 BTC for $584M between March 17-23, at an average price of $84,529 per coin. This brings the company’s total BTC stash to 506,137 BTC (worth $33.7B), with an average acquisition cost of $66,608 per BTC. The purchase came just a day after Strategy priced its latest preferred stock offering on March 21, selling shares at $85 each with a 10% coupon, aiming to raise $711M.

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GM! Don’t forget to stay hydrated, touch some grass, and be awesome today.

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$400M VC Investment Boosts Toncoin The TON Foundation revealed that top venture capital firms, including Sequoia Capital and Ribbit, have poured over $400 million into Toncoin. Originally a Telegram project, TON went open-source after legal hurdles in 2020. Now, with nearly a billion Telegram users, it enables easy crypto transactions. In January, it was officially adopted as the backbone of Telegram’s mini-app ecosystem.

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An anonymous Bitcoin miner solo-mined block 888,737 using a FutureBit Apollo, earning around $266,000 (3.125 BTC + 0.032 BTC in fees). The block contained 2,327 transactions. While solo mining can involve multiple devices, it's rare due to increasing network difficulty, as most mining is done on an industrial scale.

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A former UK NCA officer, Paul Chowles, 42, has been accused of stealing 50 Bitcoin during a 2017 investigation into online crime. The Bitcoin, worth $77,000 at the time, is now valued at around $4 million. Chowles faces 15 criminal charges and is set to appear in Liverpool Magistrates' Court on April 25, 2025.

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Trump Family Denies Talks to Buy Binance US Shares The Wall Street Journal claimed Trump’s family was negotiating to buy shares in Binance US. This comes as Binance founder CZ seeks a presidential pardon after serving time over a $4.3 billion case. However, CZ denied the report on X, saying he hasn’t discussed any such deal with anyone.

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The North Korean Lazarus Group is still laundering crypto and launching cyberattacks. Recently, they moved 400 ETH ($750K) to Tornado Cash and were linked to the $1.4B Bybit hack. They also released malware on NPM to steal crypto wallet data. In 2024, they’ve stolen over $1.3B in crypto across 47 attacks.

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Bybit, the second-largest crypto exchange, is offering a $140 million reward to help recover $1.4 billion in stolen Ethereum. The hack is believed to have been carried out by North Korea's Lazarus Group, who manipulated Bybit's multi-signature wallet to move the funds. The exchange is committed to improving security and collaborating with the industry to prevent such attacks.

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Join me on Bracket Frame...

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U.S. Institutions Lead Global Bitcoin Reserves Growth The share of Bitcoin reserves held by U.S. institutions has risen sharply, reaching a ratio of 1.65 compared to non-U.S. entities in January 2025. This growth aligns with Donald Trump’s re-election and his proposal for strategic Bitcoin reserves. Major U.S. companies like MicroStrategy and Genius Group are driving this trend, prompting countries like Japan, Switzerland, and Germany to consider similar strategies.

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Meme coin markets faced a 12% decline, dropping to $113.32 billion due to major whale sell-offs. Dogecoin (DOGE) fell 8.5%, and Shiba Inu (SHIB) dropped 7%. Key sales included 427 billion PEPE tokens for $8.49 million and 74.483 billion MOG tokens for $177,736. Despite a $18 million purchase by another whale, the downward trend persisted.

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