STRC, Saylor’s asset, which issues more STRC and buys BTC when it exceeds $100. They have just approved daily dividend payments starting November 1st. Same annual rate of ~12%, now distributed daily: approximately $0.04 per day per STRC. Someone holding 2,500 STRC receives about $100 in daily dividends. What will happen now with the asset across different platforms? - On STRCx (xStocks): automatic reinvestment via daily rebasing → your balance grows day by day. - Pendle: YT-STRCx yield is distributed weekly. - Exponent: YT-STRCx yield is distributed weekly. - Variational (PERP): likely to adjust for daily dividends (shorts pay longs). - Hyperliquid does not pay dividends, but funding rates mostly see shorts paying longs. This news appears to have been very well received, as the asset has risen and is now very close to reaching $100. Recall that this asset has been recovering from a severe 29% drop, hitting a low of $71.25 four months ago in June. Those who entered in fear sold at a loss. Those who bought the fear are now in very strong profit. And yet, many people were talking about Strategy entering a death spiral.

Where are we going first #BITCOIN? 🟢 SHORT: $10B targeting $93k 🔴 LONG: $5B targeting $72k bitcoin:native https://t.co/ZjqICO7Ugf

Bitcoin fell sharply, and a tense downward market is expected. Over $200 million in long positions were liquidated. The maximum mathematical support for Bitcoin is set at $67k as an ultra-extreme decline. The 200-week moving average and the Power Law have just converged at this level. Current prices represent strong accumulation zones for #Bitcoin. The Power Law has been a highly reliable fundamental metric—we first touched it in this cycle at $60k, functioning like a Swiss watch. At current prices, we are 39% away from the value of the next all-time high, which is equivalent to being 2.5x below the next ATH. As long as BTC remains below $90k/$100k before the Halving, I will continue DCAing with my monthly income. The original meaning has been preserved.

While heating water in your water heater, you’re mining Bitcoin. You’re using the same electricity you were already going to consume to heat water. If you mine in a pool, you could earn around $420 annually. But if you mine solo and successfully mine a block, you’d receive 3,125 BTC (~$250,000). Mining a block solo is extremely difficult: on average, only about 25 blocks are mined solo across the entire network each year—this is tough. Let’s shift perspective: you have to heat the water anyway. With this option, it’s like holding a lottery ticket among millions, with 25 annual prizes of ~$250,000 each—forever. What do you think?

As the years passed, JPMorgan said this about Bitcoin: 2014: “It’s a terrible store of value. It can be replicated over and over again.” 2015: “No government will support a cross-border virtual currency.” 2017: “Bitcoin is a fraud.” 2017: “If I had a trader trading Bitcoin, I’d fire him in a second… because it’s stupid.” 2018: It regretted calling it a “fraud,” but remained highly critical. 2021: “Personally, I believe Bitcoin has no value.” 2022: “They are decentralized Ponzi schemes.” 2023: “If I were the government, I’d shut it down.” / “It’s a hyped-up fraud.” 2024: “I call it a pet rock. It does nothing.” 2024: “This is the last time I’ll talk about this with CNBC—God help me.” 2025: “Bitcoin has no intrinsic value. It’s used for sex trafficking, money laundering, and ransomware.” 2025: He compared it to smoking: “You have the right to buy it, but I don’t think you should.” JPMorgan (2026): We have included #Bitcoin in our portfolio, as we view it as THE BEST LONG-TERM ASSET, outperforming stocks, bonds, and gold over the next 10 to 15 years. Everyone buys Bitcoin at the price it deserves.

With all the advancements in AI, these technologies will begin to evolve, finding improvements and breakthroughs that will enable large-scale, low-cost gold production in the future. This inexpensive gold will spur new developments in processor and electronics technology, enhancing all existing technologies and reducing their costs. It will also affect its price as a store of value, but it will generate greater technological value than gold currently holds. As a store of value, Bitcoin will continue to grow on its path.

In the end, I tried to claim a free Trezor Model T from Argentina and Latin America. The post mentioned a free Trezor offer. How did I resolve the shipping address? I entered the address of an office to receive the order. Once the tracking number is generated, I will contact the shipping company (UPS or DHL) and change the pickup location to a branch pickup. In Argentina, this Trezor model costs $130 USD with in-store pickup. But with the official free Trezor promotion, I only pay $38 for shipping, plus occasional customs fees. Although the promotion is officially advertised only for the European Union, it is available worldwide. The two free promotions are listed in the cited post. Note: 1) I tried using both codes in a single order, but that’s not possible. 2) You can only place one order per promotion. 3) If you don’t qualify for either promotion, the easiest option is to collect 300 free Candy tokens on CoinGecko. I’ll explain in the comments how to get them. I’ll update you when it arrives.

🪦 @blur_io is shutting its doors. The platform becomes obsolete on November 12.

🤯 Papertrade just launched its 1000x leverage perpetuals DEX, and the community went wild. Less than 24 hours later, here are the numbers: - Volume: $157 billion (far and away #1) 110x higher than Variational, 160x higher than Lighter, and 60x higher than Hyperliquid. - Open Interest: $10 billion 4x higher than Variational and 10x higher than Lighter. - Liquidated Volume: $9.5 billion. Just launched, with only BTC and ETH, and in a few hours it surpassed the entire perpetuals DEX industry that has spent months and years building capital, users, volume, and open interest. It’s insane how people are burning capital with 1000x leverage. What’s your take?

I’m shutting down Blast, but I’ll leave you with a post from the early days. Back in late November 2023, right in the midst of the madness of that phase. An incredible irrationality within the community: tons of people in crypto, massive views. Those were the golden days of the ecosystem. They launched with a pre-deposit and didn’t even have an L2 yet. In just 3–4 days, they raised over $420 million from the public. Around 52,000 users invested, and their TVL surpassed that of Base, opBNB, Starknet, Linea, Mantle, and zkSync. What absolute insanity those times were. That project where people were desperate to get in, seeing L2s as the new era of millionaires. I remember back then posting and debating with friends and colleagues like @LexMorenoCripto @TukuDeFi @johnN5c. By the way, I also recall John being unfairly criticized for talking about Blast. How quickly time has passed. But there we were, comrades, in every battle of the L2 boom. We carry many battle scars on our backs. https://t.co/sXqCF8mb2x