SMPtrumpJackson

Many of us take payment systems for granted, but 80% of people in some regions still don’t have access to these services.

Crypto is stepping in to solve problems that often go unnoticed.

Yesterday wasn’t just another red day.
It was one of the most brutal bloodbaths in crypto history.
Over $19.2 billion was liquidated.
Nearly $800 billion in value evaporated in hours.
Altcoins didn’t just drop — they imploded.
Many were down 50%+ in a single session.
Some, like IOTX on Binance, even hit zero for a moment.
So what the hell just happened?
Let’s break it down without the noise.
Step 1: The Setup — A Market Ready to Explode
The crash didn’t come out of nowhere. It was built slowly, one overleveraged trade at a time.
By early October 2025, the market was stretched to its breaking point:
High Leverage Everywhere: Traders went all-in on longs, convinced the next leg up was near.Open Interest at Records: The amount of borrowed money in the system was at dangerous highs.Liquidity Thinned Out: With over 50 million tokens now live (expected to hit 100M soon), liquidity was paper-thin.Memecoins Everywhere: Exchanges kept listing low-quality coins for quick fees — fueling casino-style speculation.
It was a ticking time bomb.
Then came the external spark — Trump’s new tariffs.
Traditional markets reacted first. Bitcoin and Ethereum followed.
Altcoins, already weak, collapsed instantly.
That’s when the music stopped.
Step 2: The Trigger — Cascading Liquidations
Crypto runs on leverage.
When prices drop, exchanges auto-liquidate traders’ positions to protect loans.
It’s not emotional. It’s mechanical.
When Bitcoin broke key support levels, a chain reaction began:
Cross-Margin Accounts Got Nuked: Traders holding multiple assets saw everything sold off at once.Forced Selling Spiraled: As collateral dumped, prices fell even harder.Domino Effect Took Over: One liquidation triggered another, then another.
Within minutes, over $550 million in futures positions were gone.
The cascade became unstoppable — wiping out over $20 billion in liquidations total.
This is what a liquidation waterfall looks like.
You don’t even get to sell — the market sells for you.
Step 3: The Aftermath — Pain, Panic, and the Clean Slate
The crash erased months of gains, but it also cleared the leverage buildup that had been suffocating the market.
It’s brutal, but necessary.
When overconfident longs get wiped, the market resets for its next move.
If history’s any guide, this kind of flush isn’t the end — it’s the beginning of something bigger.
The COVID crash in 2020 was followed by the 2021 altseason.The Luna and FTX collapses in 2022 marked the $15,400 bottom before Bitcoin ran 8x.
Same setup. Different year.
This wasn’t the end of the bull.
It was the purge before the next leg.
Final Take
If you got wrecked yesterday, don’t quit.
Everyone who’s made real money in crypto has been through one of these.
The flush hurts, but it clears the noise.
The leverage is gone. The weak hands are out.
All that’s left now is time — and opportunity.
Because if history repeats, this crash might have just started the next parabolic leg.

Haliey Welch, famously known as "Hawk Tuah Girl," became an internet sensation in mid-2024 thanks to her viral video offering bold life advice. However, her rise to fame took a dark turn as she orchestrated one of the most notorious scams in cryptocurrency history with her memecoin, HAWK.

✅ Before We Dive In:
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The Launch of HAWK
In December 2024, Welch capitalized on her massive following by launching HAWK on the Solana blockchain. Fans trusted her vision, and the hype surrounding the token spread like wildfire. Within days, HAWK achieved a staggering market cap of nearly $500 million, creating dreams of wealth for early investors.
The Collapse
The fairy tale ended abruptly. By mid-December, HAWK lost 90% of its value, leaving thousands of investors financially ruined. It quickly became evident that HAWK was a classic pump-and-dump scheme designed to enrich its creators at the expense of its investors.
The Aftermath
The fallout was devastating:
Investors accused the $HAWK team of selling unregistered securities.Haliey Welch faced public backlash for using her influence to promote the token.A class-action lawsuit was filed against the development team.
While Welch herself was not named in the lawsuit, her role in heavily promoting $HAWK drew harsh criticism. Many argued that her influence directly fueled the token’s initial success and the ensuing chaos.
To justify her actions, Welch participated in a Twitter Space. However, the session turned disastrous when coffeebreak_YT presented undeniable evidence showing HAWK team members withdrawing funds in plain sight. Welch abruptly ended the stream, citing tiredness, further damaging her credibility.
Another Blow

Welch later tweeted her intention to compensate affected investors, but this announcement only caused another big price drop for HAWK, further sealing its fate.
A Textbook Rug-Pull
The HAWK scam followed the classic rug-pull strategy:
1. Launch a token with massive hype.
2. Watch prices soar as fans buy in.
3. Sell team holdings at the peak.
4. Leave investors holding worthless tokens.
Key Takeaways
Haliey Welch’s $HAWK debacle is a cautionary tale for the crypto world:
Always do your own research (DYOR) before investing.Be wary of celebrity-endorsed coins.Only invest amounts you can afford to lose in these Hyped Coins.
So, what you'll do next? continue to invest random coins or Do Your own Research and plan a investment strategy

As for whether Binance will list the MONKY coin, there isn't a definitive answer yet. Although Binance is supporting the MONKY airdrop for FLOKI and APE holders ¹, the exchange hasn't confirmed the listing of the token.
However, there are some positive developments that might indicate a potential listing. Binance has included MONKY in its Alpha Projects program, which is a promising sign ². Additionally, DWF Labs, a prominent crypto investment firm, has acquired 100 billion MONKY tokens, valued at approximately $1.75 million ².
While these developments are encouraging, it's essential to note that Binance's listing review process is rigorous, and MONKY must meet the exchange's standards before being listed ³. #RideTheKaiaWave @Kaia Chain $KAIA

Since Elon Musk's takeover, Twitter has been transformed into **X**, a bold move towards creating an 'everything app.' Here's a rundown of the seismic shifts:

1. **Renaming & Vision:** Twitter is now **X**, aiming to evolve into a comprehensive digital hub. Expect major shifts in content management and platform features.

2. **Verification Chaos:** **Twitter Blue** has made blue ticks available for a fee, increasing accessibility but also leading to a spike in impersonations and credibility issues.

3. **Content Moderation:** Musk's push for free speech has relaxed content moderation. While this fosters open dialogue, concerns over rising misinformation persist.

4. **API Overhaul:** Free API access is a thing of the past, targeting bot activity but affecting developers and third-party apps.

5. **Advertiser Retreat:** Major advertisers are pulling back, worried about the platform’s new direction and content policies.

6. **Free Speech Policy:** Accounts with differing political views are no longer automatically blocked.

And the latest buzzword… **GROK** 🔥

Stay tuned as X continues to evolve and redefine the social media landscape! 🚀💬

When US President Biden announced his withdrawal from the election, many people, including Trump, believed that Harris could only be a substitute for Biden at best, and it seemed that it was only a matter of time before Trump would return to the White House. However, Trump never expected that there would be a few "thick-eyed" people in the Republican Party who turned their elbows outward and fired their guns inward, and dozens of Republicans actually publicly supported Harris. While the Republicans were trying to please Trump, they also added uncertainty to this US election.

According to the Associated Press, as dozens of well-known Republicans turned to publicly support Vice President Harris, former US President Trump suffered the latest blow. If you say these Republicans will also focus on the key points, they will point the guns against Trump directly at MAGA, which is Trump’s proud campaign slogan: Make America Great Again. Harris’s campaign team launched an event called "Republicans for Harris" on August 4, saying that the event has received public support from nearly 30 Republican moderates.

Russian President Vladimir Putin has had enough of the unregulated Bitcoin mining in Russia. He’s worried that this surge in mining activities could cause serious power outages.

Alongside BRICS, Putin is calling for stricter regulations to keep Russia’s power grids safe from these energy-guzzling operations. He said:

“An uncontrolled increase in electricity consumption for mining cryptocurrencies can lead to power shortages in certain regions.” 

According to Russia’s Energy Ministry, crypto mining consumes about 16 billion kilowatt-hours each year. That’s almost 1.5% of the country’s total electricity use. And guess what? This number is only going up.

The power used for mining could cause major shortages, especially in places like Irkutsk, Buryatia, and Zabaikalsky Krai. These regions are already struggling. Putin warned that:

“If there is no free capacity, if it is ‘chosen’ by the so-called mining farms, then new enterprises, residential areas, social facilities will face supply interruptions, a shortage of electricity.”

Russia’s low electricity prices make it a magnet for miners. They bring in their mobile mining gear and set up shop, using a ton of power.

Putin has already ordered regulations for Bitcoin mining. This includes figuring out taxes for these operations and setting tariff rules. The goal is to control the power consumption and prevent the grid from being overloaded. Putin said: 

“We have already made serious progress in this area, and my colleagues will, I hope, report on current results and future plans today.”

He also brought up the Central Bank’s pilot project from last year, which tested the CBDC digital ruble. This project involved 12 banks, 600 people, and 22 businesses across 11 cities.

By July 1, they had made over 27,000 transfers and 7,000 payments. The digital ruble platform worked well, and now Putin wants to roll it out on a bigger scale.

Putin ended his speech saying Russia needs to act fast. Without proper regulations, the country’s power grid could face serious problems. He’s calling for systemic decisions at the federal law level to tackle this issue directly.

Putin stressed, “Here it is necessary to make the right and timely decisions, including systemic ones, at the level of federal law.”