BTC miners at break even at the current BTC price… Go with the strongest producer’s… ‘ green ‘ doesn’t matter..J/Th rates are all close… A 66,000 BTC company Treasury is a lot
The world’s biggest trader tells the truth about Trump.
I cannot prevent traders from ignoring facts, but I can report them.
From msn.com
One of Trump’s wealthiest supporters has turned on him. Ken Griffin, the founder and CEO of the Citadel hedge fund, told Gina Chon of Semafor at the DC World Economy Summit that Trump has made the country 20 percent poorer and “eroded” the brand of US Treasury bonds. This asset had been previously unassailable. “We put that brand at risk,” said Griffin. “It can be a lifetime to repair the damage that has been done.”
How important is Citadel Securities to traders?
Citadel Securities is the largest market maker in the world, handling the most trading volume on the NYSE and NASDAQ:
Citadel Securities executes approx. 25-30% of all US retail stock trades, making it the largest retail market maker.
It processes orders from Robinhood, E*TRADE, Charles Schwab, and Fidelity.
Overall US Equity Market Share
Across the NYSE and NASDAQ, Citadel handles approx. 15-20% of the total trading volume, including both institutional and retail trades.
In some individual stocks and ETFs, their share can exceed 30-40%.
Options & Other Markets
Citadel is also the major player in options trading, executing approx. 40% of US retail options volume.
It is the top liquidity provider in fixed income, forex, and crypto markets.
Comparison to Other Major Firms
Virtu Financial handles approximately 10-15% of the US equity volume.
Jane Street: Dominant in ETFs but smaller overall.
Two Sigma & DRW: Significant but not at Citadel’s scale.
I don’t agree with Citadel’s Payment for Order Flow (PFOF) business, but it has made Ken Griffin worth $41 billion. When he makes a statement like this, traders should take it seriously.
Taken..it’s all in the mix, but trading is that, as you know… It for sure is killing Investment sentiment.. but regardless if it’s Trump, Biden or Bin Laden, we have to trade rthe picture presented to us… Politics will never change – only get worse I admire your passion – but I stay away from it
Bank of Montreal (TSX: BMO) is terminating its partnership with Cathie Wood’s ARK Investment Management and closing all six associated funds, according to a regulatory filing last week.
The Canadian bank will delist three mutual funds and their exchange-traded fund versions from the Cboe Canada exchange on July 7. Investors can continue trading units until that date.
The discontinued products include the BMO ARK Innovation Fund, BMO ARK Genomic Revolution Fund, and BMO ARK Next Generation Internet Fund.
I point out facts that affect traders, and you call it hatred (which has since been deleted). When the facts change, I will adjust my comments accordingly.
I could point to anecdotal evidence from virtually every international investor and business person I correspond with and talk to. These people have no fear of Trump, so they speak their minds. The leaders of America’s biggest companies, including Goldman Sachs’ CEO, who appeared on CNBC today, couch their words, but they all say the same thing: that Trump’s tariffs, if not rescinded, will cause a recession or worse. Traders cannot ignore that.
So, yes, my words will stay the same until I see facts that change the landscape. If you notice this happening, please point it out, which is why I created this space. Criticizing me will not change the facts.
I have no complaint with Trump’s America First program objectives as long as (i) long-term goals are not attempted to be accomplished in months, which his chainsaw and nailgun approach is proving problematic, and (ii) international trade is achieved via respectful negotiations, which is not the case.
In terms of the bigger picture, I believe that many of the reasons underlying the Administration’s attempt to change the world order are entirely justified. Trump is the first US president to attempt to address these issues seriously, and should be applauded for doing so. A few would be (a) US markets are open for business but many countries do not reciprocate, (b) US taxpayers are paying for world-class education of foreign nationals who return home to build wealth at the expense of America, (c) China in particular steals US patented and otherwise protected intellectual property, (d) too many others to mention here.
When finances are shored up, PONY will be good… “Robotaxi First: because of the unprecedented growth potential of this market, if they can capture 5% of this market, they could generate $1.7 trillion in equity value. Pony has a robotruck division that is gaining traction and delivering revenue, but it is not the primary focus.
China First: because of the transparent, easy-to-navigate regulatory system and growing acceptance of autonomous vehicles. Pony is working in multiple other countries, but China is the focus.
Tier 1 Cities First: for utilization and scale. The tier 1 Chinese cities of Beijing, Shanghai, Guangzhou, and Shenzhen have a combined population of 81.5 million people, the four largest US cities (New York, LA, Chicago, Houston) have a combined population of 17 million. That will make an enormous difference in the scale that can be achieved; each tier 1 city could accommodate tens of thousands of robotaxis. (Beijing has more than 70,000 taxis)l… S.A.
Traders need volatility, and Trump is creating the most volatility in markets that we have seen in our lifetime. How can you keep Trump out of the Traders Community? In short, it’s impossible, but I do agree that I could tone down the rhetoric regarding his persona and approach to politics. Thank you.
Today’s narrative claims Modi and Vance are optimistically headed toward an India-US trade deal.
Let’s see an actual trade deal of significance that enables us to determine how Trump’s tariffs and economic war will play out. Investors need facts. Facts matter.
China has asked every country to carefully consider the prudence in caving in to Trump’s demands. They also say they will take countermeasures against any country they perceive as weakening under US tariff pressure.
Dollar futures have been in free-fall since Inauguration Day.
The proof is indisputable.
The arrow is the day before Inauguration to show what happened to the Dollar the next day as he gave the most ridiculous speech and all-around histrionics of any incoming US President.
If you are short the US Dollar, you must love Trump’s almost every tweet and word as President.
As I understand it, the US companies can get it out of the ground BUT need to send it to China etc. to get it processed and then sent back to US due to environmental rules.
Happy to be back in USA, I am all cash and glad I am,I spend whole day lasting and reading all post here, Market is so fascinating !!!, I remember GLW, My wife use to work for corning, stock was around $300, it went down to $100, she wanted to buy it using her 401K at corning, At that time we don’t know stock market and dont understand it so I told her not to move money into GLW, well, stock went to $1–lesson is if stock goes down than there is no bottom. she brought lots of GLW at $1 through her bi-weekly paycheck, and we are still holding it in her 401k now time comes to have force withdrawal from 401K
looking at more defensive sectors. WGS 95.47. No stock in its field has risen so far from its 52 week low. It is also in the IBD 50 and no stock in the IBD 50 has risen so far from its 52 week low. Fundamentals are strong. Casadin Capital, a Life Sciences LLC, has it as its largest position and just bought more. Quarterly earnings have been strong. Next earnings are due April 30. It’s a volatile stock.
My feelings are this coming week, if BTC climbs, money will find where the wild things are… Mainly, MSTR and GME.. Microstrategy is lining up billions to spend… GameStop is sitting on billions in cash, with No CEO stock sales since 2020, and insider’s are buying… I like their alt-coin buying along side their BTC buys
A Long Tail Up pattern on April 14. The significance of this is that substantial demand is present at the beaten-down levels. So, even if the stock gets hammered again, there is a probability that demand will return at the 260 level, which is the present first level of technical support on the pivot point charts.
One of the common mistakes among newer traders is the idea that a good chart reader must be able to read ANY chart – that is, be able to create trading scenario, analyze odds and so on. They tend to be surprised by “I have no idea” answer when ask an opinion about certain situation they are interested in. Yet this is my fairly frequent answer – and I don’t hesitate to give it when I see nothing recognizable in the chart I am shown.
You see, trading is not about being able to trade each and every movement. Trading is about to be able to pick the right opportunity – right in terms of YOUR trading approach, right in a sense of YOUR ability to read and understand the movement and right in a sense of fitting YOUR risk and objectives profile. What good a perfect breakout chart to you if you are a reversal trader, specializing in trend change setups and having little knowledge of and experience with trend continuation? It’s not unlike a hunter who sits patiently in his hide waiting for his prey, waiting for the right moment and acting only when everything is in place for a successful shot.
Then there are situations which present no or almost no opportunity for anyone, whatever their trading style is. If the chart is a mess with no pronounced levels, no volume clues, no clear configurations – it’s safe to assume that we are facing an uncertain situation where nervous traders flee the risk, don’t commit and engage very carefully if at all. There will be a resolution of this situation, and that’s when you will get your signals, setups will shape up and trades will come your way. Until then, feel confident in your lack of confidence – it takes a real trader to say “I don’t know.”
Good teacher teaches humility — and the market is a GREAT teacher.
“The vulgar are clever, self-assured; I alone, depressed. Patient as the sea, Adrift, seemingly aimless.
It’s much more common for a really knowledgeable experienced trader to sound reluctant, to be unsure of the future developments and admit it openly. Knowing how uncertain the market is, he is not so quick to express full confidence; he accepts that events may develop in unforeseen way, and such acceptance makes him better prepared for an unexpected turn of events. A Taoist Trader’s plans and prognosis are usually tentative, with provisions for various conditions. They will include many “ifs” and “buts.” He would rather plan for multiple scenarios than put his full confidence in a single one.”
+1 No, Solana (SOL) does not have a fixed maximum supply like Bitcoin. Instead, Solana uses an inflationary model where new SOL tokens are gradually introduced to incentivize network validators and maintain network security. This inflation rate starts at 8% annually and decreases by 15% each year, ultimately reaching a long-term fixed rate of 1.5%. Here’s a more detailed explanation: No fixed maximum supply: Unlike Bitcoin, Solana doesn’t have a cap on the total number of SOL tokens that can be created. Inflationary model: New SOL tokens are created over time to reward validators for their contributions to the network and to maintain security. Decreasing inflation: The initial inflation rate of 8% decreases by 15% each year until it reaches a long-term fixed rate of 1.5%. Incentivizes validators: By creating new tokens, the network rewards validators for their participation, ensuring the long-term health of the Solana ecosystem.
Entered Treasure Global today at $ 3.34… sold $ 3.81…… enter NB stock Monday ( on pre announced CEO interview on Fox/Maria April 16 ) at $ 2.55…sold $3.89 today… Entered SMX ah. tonight at $ 2.15
Bad trade… BULL IPO.. in $ 63.12… Out $ 56.20.. That’s not the bad part – I was on that killer streak with JNVR ( from $ 28 ) and sold at $ 61…to have good funds for the WeBull trade… I had to dump BULL the ‘ morning after ‘ ( $ 56.20 )… Meanwhile, JNVR rocketed to $ 78……. Damn….. Why’d I sell JNVR ?.. Because Canada approved it’s first Solana ETF for trade on April 16.. I should have used reverse/reverse psychology – not competition for JNVR – but more soaking up of SOL… When the SEC _ Ripple case gets settled ( and it’s looking good ), Solana will rip
Powell today.. ” “Powell also mentioned that as crypto is becoming more mainstream, there’s a need for a legal framework for stablecoins. He said that banking regulation around crypto will likely be “partially relaxed “… Coindesk
“Unsurprisingly, nominees to key positions in the new US administration (for example, Elise Stefanik (UN Ambassador), Marco Rubio (now confirmed as Secretary of State), and Howard Lutnick (Commerce Secretary)) have been advocates for developing such projects in the US. Also, the House of Representatives recently asked the Defense department to conduct a feasibility study on deep sea mining.
With Steve Jurvetson, a friend of Elon Musk, on the board of directors, probabilities for both a general push into deep-sea mining and an endorsement of TMC also increase on a political level. The development of this major tailwind was also highlighted by CFO Craig Shesky in a recent interview. He also underpinned that TMC will apply for a mining license at the end of Q2 2025 and that he aims to generate revenue in Q1 2026″…. from S.A.
** received territorial water permission from the state of Nauru to mine…working with Glencore
“TMC plans to mine polymetallic nodules in the High Seas of the Pacific Ocean – metal deposits that contain manganese, cobalt, nickel, copper, and rare earth elements. Amidst concern about critical mineral security for clean energy and national security applications, producing such a wide range of metals offers a new approach to securing mineral supply. This new sector is important geopolitically, with recent moves by China to secure mining rights to the seabed of the Cook Islands even called a “Sputnik moment” for the United States.
Over the last fifteen years, TMC has methodically de-risked its technical operations through successful pilot mining, environmental studies, and metallurgical processing tests. The company invested over $500 million on dozens of research and exploration campaigns, developing and validating its approach. As it awaits final regulatory approval it has successfully switched to a “capital-light” model in the last quarter, ready to scale rapidly and begin production once it has secured a mining license “.
Never in 50 years have I seen the market so ripe for traders to do their thing. Price drivers are firing like teenagers’ hormones. Beliefs that the market will crash are extreme, as are many investors’ beliefs that the market is going higher. Anxiety reigns. Volatility exceeded 50 a few days ago. Gold is well over 3300 this morning. Central banks and governments worldwide are issuing statements in rapid fire. Companies are saying they have two scenarios for earnings guidance. The President is threatening wars, fighting universities, offering taxpayer money to buy countries, and ignoring the courts. These times are unprecedented.
So, now is the time to make your year, and showcase your skills here. When markets are booming and you say a 10% gain on a flyer proves your brilliance, nobody’s listening.
Several on the radar… CRSP is high on the list… Four different clinical updates by mid-year, involving Type 1 diabetes, cancer and other… I maintain MSTR… Just in the last 3 weeks I’ve returned 140% with JNVR….last month netted 50% with APP..* ..MSTR netted 48% the past 3 weeks on roll over trades
BTC miners at break even at the current BTC price… Go with the strongest producer’s… ‘ green ‘ doesn’t matter..J/Th rates are all close…
A 66,000 BTC company Treasury is a lot
IREN??
The world’s biggest trader tells the truth about Trump.
I cannot prevent traders from ignoring facts, but I can report them.
From msn.com
How important is Citadel Securities to traders?
Citadel Securities is the largest market maker in the world, handling the most trading volume on the NYSE and NASDAQ:
Citadel Securities’ Trading Volume (Approx. 2023-2024)
Comparison to Other Major Firms
I don’t agree with Citadel’s Payment for Order Flow (PFOF) business, but it has made Ken Griffin worth $41 billion. When he makes a statement like this, traders should take it seriously.
Taken..it’s all in the mix, but trading is that, as you know… It for sure is killing Investment sentiment.. but regardless if it’s Trump, Biden or Bin Laden, we have to trade rthe picture presented to us… Politics will never change – only get worse
I admire your passion – but I stay away from it
The Cathie Wood-BMO relationship is over.
From The Deep Dive
https://thedd.beehiiv.com/p/bmo-drops-cathie-wood-s-ark-funds
A Goldman fact:
https://www.reuters.com/business/finance/hedge-flow-hedge-funds-2025-selling-focuses-discretionary-stocks-goldman-data-2025-04-22/
I was truly hoping Trump would be left out of the Traders Community… It only invites more… Will become no different than before
YES and YES!!!!!!
I point out facts that affect traders, and you call it hatred (which has since been deleted). When the facts change, I will adjust my comments accordingly.
I could point to anecdotal evidence from virtually every international investor and business person I correspond with and talk to. These people have no fear of Trump, so they speak their minds. The leaders of America’s biggest companies, including Goldman Sachs’ CEO, who appeared on CNBC today, couch their words, but they all say the same thing: that Trump’s tariffs, if not rescinded, will cause a recession or worse. Traders cannot ignore that.
So, yes, my words will stay the same until I see facts that change the landscape. If you notice this happening, please point it out, which is why I created this space. Criticizing me will not change the facts.
I raise this because it seems this narrative from a few weeks back actually applauded the Trump plan… https://billcara.com/help-you-invest/the-real-reason-behind-trumps-tariffs-a-cold-war-with-china-is-here/
I have no complaint with Trump’s America First program objectives as long as (i) long-term goals are not attempted to be accomplished in months, which his chainsaw and nailgun approach is proving problematic, and (ii) international trade is achieved via respectful negotiations, which is not the case.
In terms of the bigger picture, I believe that many of the reasons underlying the Administration’s attempt to change the world order are entirely justified. Trump is the first US president to attempt to address these issues seriously, and should be applauded for doing so. A few would be (a) US markets are open for business but many countries do not reciprocate, (b) US taxpayers are paying for world-class education of foreign nationals who return home to build wealth at the expense of America, (c) China in particular steals US patented and otherwise protected intellectual property, (d) too many others to mention here.
Good luck Kyle…
Cheers Bubba.
UPXI…
the recent shares sold to private placement are locked up minimum 6 months… 4x Solana holdings vs JNVR.. similar float
The ETH – SOL battle…. https://www.coindesk.com/markets/2025/04/22/mike-novogratz-s-galaxy-digital-swaps-usd100m-eth-for-sol-on-chain-data-shows
When finances are shored up, PONY will be good… “Robotaxi First: because of the unprecedented growth potential of this market, if they can capture 5% of this market, they could generate $1.7 trillion in equity value. Pony has a robotruck division that is gaining traction and delivering revenue, but it is not the primary focus.
China First: because of the transparent, easy-to-navigate regulatory system and growing acceptance of autonomous vehicles. Pony is working in multiple other countries, but China is the focus.
Tier 1 Cities First: for utilization and scale. The tier 1 Chinese cities of Beijing, Shanghai, Guangzhou, and Shenzhen have a combined population of 81.5 million people, the four largest US cities (New York, LA, Chicago, Houston) have a combined population of 17 million. That will make an enormous difference in the scale that can be achieved; each tier 1 city could accommodate tens of thousands of robotaxis. (Beijing has more than 70,000 taxis)l… S.A.
https://ragingbull.com/editorial/pony-ai-inc-unveils-seventh-generation-robotaxi-lineup-but-can-the-stock-keep-up-with-its-ambitious-plans/
Traders need volatility, and Trump is creating the most volatility in markets that we have seen in our lifetime. How can you keep Trump out of the Traders Community? In short, it’s impossible, but I do agree that I could tone down the rhetoric regarding his persona and approach to politics. Thank you.
I’m seeking a greater truth… Man vs machine
The US Dollar is a tad stronger today.
Today’s narrative claims Modi and Vance are optimistically headed toward an India-US trade deal.
Let’s see an actual trade deal of significance that enables us to determine how Trump’s tariffs and economic war will play out. Investors need facts. Facts matter.
China has asked every country to carefully consider the prudence in caving in to Trump’s demands. They also say they will take countermeasures against any country they perceive as weakening under US tariff pressure.
Dollar futures have been in free-fall since Inauguration Day.
The proof is indisputable.
The arrow is the day before Inauguration to show what happened to the Dollar the next day as he gave the most ridiculous speech and all-around histrionics of any incoming US President.
If you are short the US Dollar, you must love Trump’s almost every tweet and word as President.
Gold futures hit a record high of 3509.06
A week ago, the Point & Figure chart recorded an Ascending Triple Top Breakout at 3200. That’s a helluva move in a week for Gold.
Unless you are monitoring prices by the minute, you should not be trading Gold.
Starting to focus on rare earth companies
Current niobium production is centered in Brazil, followed by China…. China is the world’s leading producer of scandium…
https://www.marketscreener.com/quote/stock/NIOCORP-DEVELOPMENTS-LTD-120793648/news/NioCorp-Closes-Public-Share-Offering-for-Total-Proceeds-of-20-8-Million-49667610/
Maybe we can work on this. I’ve got a little MP & UAMY. Cheers.
As I understand it, the US companies can get it out of the ground BUT need to send it to China etc. to get it processed and then sent back to US due to environmental rules.
Happy to be back in USA, I am all cash and glad I am,I spend whole day lasting and reading all post here, Market is so fascinating !!!, I remember GLW, My wife use to work for corning, stock was around $300, it went down to $100, she wanted to buy it using her 401K at corning, At that time we don’t know stock market and dont understand it so I told her not to move money into GLW, well, stock went to $1–lesson is if stock goes down than there is no bottom. she brought lots of GLW at $1 through her bi-weekly paycheck, and we are still holding it in her 401k now time comes to have force withdrawal from 401K
Thinking of dropping BTC related..
Let JNVR go premarket… Tiny profit
From $ 48-50 Thursday
Will try to start speculative position in WIMI..
Newbie UPXI control’s 4x SOL than JNVR
looking at more defensive sectors.
WGS 95.47. No stock in its field has risen so far from its 52 week low. It is also in the IBD 50 and no stock in the IBD 50 has risen so far from its 52 week low. Fundamentals are strong. Casadin Capital, a Life Sciences LLC, has it as its largest position and just bought more. Quarterly earnings have been strong. Next earnings are due April 30. It’s a volatile stock.
I agree with Tom Lee and others that the Microstrategy accumulation of BTC is the first phase of a much larger plan…
My feelings are this coming week, if BTC climbs, money will find where the wild things are… Mainly, MSTR and GME..
Microstrategy is lining up billions to spend… GameStop is sitting on billions in cash, with No CEO stock sales since 2020, and insider’s are buying… I like their alt-coin buying along side their BTC buys
Looks like Baz made a timely trade in MSTR.
MSTR gained +5.7% this week, including +1.8% on Thursday.
MicroStrategy (MSTR) PnF chart :
A Long Tail Up pattern on April 14. The significance of this is that substantial demand is present at the beaten-down levels. So, even if the stock gets hammered again, there is a probability that demand will return at the 260 level, which is the present first level of technical support on the pivot point charts.
MSTR — compression against 320-lvl like 2-April spike/rejection.
I’m reweighing more so into GME…
Had previously started in the $ 21.00’s
GME — Nice movement off the 20.75’ish Dbl-Bot. Good Stuff
Sunday, September 11, 2011
Trade what you can read
http://blog.realitytrader.com/2011/09/trade-what-you-can-read.html *** link no longer works ***
One of the common mistakes among newer traders is the idea that a good chart reader must be able to read ANY chart – that is, be able to create trading scenario, analyze odds and so on. They tend to be surprised by “I have no idea” answer when ask an opinion about certain situation they are interested in. Yet this is my fairly frequent answer – and I don’t hesitate to give it when I see nothing recognizable in the chart I am shown.
You see, trading is not about being able to trade each and every movement. Trading is about to be able to pick the right opportunity – right in terms of YOUR trading approach, right in a sense of YOUR ability to read and understand the movement and right in a sense of fitting YOUR risk and objectives profile. What good a perfect breakout chart to you if you are a reversal trader, specializing in trend change setups and having little knowledge of and experience with trend continuation? It’s not unlike a hunter who sits patiently in his hide waiting for his prey, waiting for the right moment and acting only when everything is in place for a successful shot.
Then there are situations which present no or almost no opportunity for anyone, whatever their trading style is. If the chart is a mess with no pronounced levels, no volume clues, no clear configurations – it’s safe to assume that we are facing an uncertain situation where nervous traders flee the risk, don’t commit and engage very carefully if at all. There will be a resolution of this situation, and that’s when you will get your signals, setups will shape up and trades will come your way. Until then, feel confident in your lack of confidence – it takes a real trader to say “I don’t know.”
Good teacher teaches humility — and the market is a GREAT teacher.
To quote A Taoist Trader:
“The vulgar are clever, self-assured;
I alone, depressed.
Patient as the sea,
Adrift, seemingly aimless.
It’s much more common
for a really knowledgeable experienced trader to sound reluctant, to be
unsure of the future developments and admit it openly. Knowing how
uncertain the market is, he is not so quick to express full confidence; he
accepts that events may develop in unforeseen way, and such acceptance
makes him better prepared for an unexpected turn of events. A Taoist
Trader’s plans and prognosis are usually tentative, with provisions for
various conditions. They will include many “ifs” and “buts.” He would
rather plan for multiple scenarios than put his full confidence in a single
one.”
Posted by Vadym Graifer at 11:23 AM
ES_F — Current situation ( from https://x.com/verniman ) whose ES trades I’ve followed since 2018.
$SPX (30min) — From my PoV SPX was only out-of-band for 4 days. Piss on It.
baz — What did you think of the Masters???
Reminded me of Jimmy Connors … Grabbing Defeat from the Jaws of Victory. Almost
Unbelievably great… True emotions
Excellent
These days, Vad enjoys his photography and cooking more than the market, I think.
Yes. You are Absolutely Right. I’ve been following Vad’s photography on Facebook for
a while now. https://www.facebook.com/vadym.graifer
But here are some archival links to his old blog posts that may be of interest.
https://uncomprehensiveness55.rssing.com/chan-24278809/all_p1.html
Last post …
https://uncomprehensiveness55.rssing.com/chan-24278809/all_p26.html#c24278809a507
Vad Pulled the Plug 01-July-2015. Been a while.
I have his book on kindle. Reading it slowly. That’s a great excerpt. Thank you
Welcome. Vad wrote an earlier book Techniques of Tape Reading (2004). I’ll try to attach the .pdf.
or you can get it from
https://vdoc.pub/search/techniques%20tape%20reading
Restarted vktx
Restarted jmvr
Restarted gme
JNVR
Nibbling at BULL
Currently, JNVR control’s 4% of the Solana market
Does Solana have a max supply?
AI Overview
+1
No, Solana (SOL) does not have a fixed maximum supply like Bitcoin. Instead, Solana uses an inflationary model where new SOL tokens are gradually introduced to incentivize network validators and maintain network security. This inflation rate starts at 8% annually and decreases by 15% each year, ultimately reaching a long-term fixed rate of 1.5%.
Here’s a more detailed explanation:
No fixed maximum supply:
Unlike Bitcoin, Solana doesn’t have a cap on the total number of SOL tokens that can be created.
Inflationary model:
New SOL tokens are created over time to reward validators for their contributions to the network and to maintain security.
Decreasing inflation:
The initial inflation rate of 8% decreases by 15% each year until it reaches a long-term fixed rate of 1.5%.
Incentivizes validators:
By creating new tokens, the network rewards validators for their participation, ensuring the long-term health of the Solana ecosystem.
Trading in junior natural resources.
‘Tis the season.
Sold SMX premarket… Sold MSTR.. no position’s
Entered Treasure Global today at $ 3.34… sold $ 3.81…… enter NB stock Monday ( on pre announced CEO interview on Fox/Maria April 16 ) at $ 2.55…sold $3.89 today… Entered SMX ah. tonight at $ 2.15
* maintain MSTR….
Bad trade… BULL IPO.. in $ 63.12… Out $ 56.20..
That’s not the bad part – I was on that killer streak with JNVR ( from $ 28 ) and sold at $ 61…to have good funds for the WeBull trade… I had to dump BULL the ‘ morning after ‘ ( $ 56.20 )… Meanwhile, JNVR rocketed to $ 78……. Damn…..
Why’d I sell JNVR ?.. Because Canada approved it’s first Solana ETF for trade on April 16.. I should have used reverse/reverse psychology – not competition for JNVR – but more soaking up of SOL…
When the SEC _ Ripple case gets settled ( and it’s looking good ), Solana will rip
Powell today.. ” “Powell also mentioned that as crypto is becoming more mainstream, there’s a need for a legal framework for stablecoins. He said that banking regulation around crypto will likely be “partially relaxed “… Coindesk
I wrote something about Harvard and Trump in Life & Politics that is important to me. I hope you read it.
Here -> dear !… https://www.benzinga.com/trading-ideas/movers/25/04/44792011/mp-materials-the-metals-company-shares-are-moving-higher-monday-heres-why
“Unsurprisingly, nominees to key positions in the new US administration (for example, Elise Stefanik (UN Ambassador), Marco Rubio (now confirmed as Secretary of State), and Howard Lutnick (Commerce Secretary)) have been advocates for developing such projects in the US. Also, the House of Representatives recently asked the Defense department to conduct a feasibility study on deep sea mining.
With Steve Jurvetson, a friend of Elon Musk, on the board of directors, probabilities for both a general push into deep-sea mining and an endorsement of TMC also increase on a political level. The development of this major tailwind was also highlighted by CFO Craig Shesky in a recent interview. He also underpinned that TMC will apply for a mining license at the end of Q2 2025 and that he aims to generate revenue in Q1 2026″…. from S.A.
** received territorial water permission from the state of Nauru to mine…working with Glencore
“TMC plans to mine polymetallic nodules in the High Seas of the Pacific Ocean – metal deposits that contain manganese, cobalt, nickel, copper, and rare earth elements. Amidst concern about critical mineral security for clean energy and national security applications, producing such a wide range of metals offers a new approach to securing mineral supply. This new sector is important geopolitically, with recent moves by China to secure mining rights to the seabed of the Cook Islands even called a “Sputnik moment” for the United States.
Over the last fifteen years, TMC has methodically de-risked its technical operations through successful pilot mining, environmental studies, and metallurgical processing tests. The company invested over $500 million on dozens of research and exploration campaigns, developing and validating its approach. As it awaits final regulatory approval it has successfully switched to a “capital-light” model in the last quarter, ready to scale rapidly and begin production once it has secured a mining license “.
Traders, it’s time to show what you’ve got.
Never in 50 years have I seen the market so ripe for traders to do their thing. Price drivers are firing like teenagers’ hormones. Beliefs that the market will crash are extreme, as are many investors’ beliefs that the market is going higher. Anxiety reigns. Volatility exceeded 50 a few days ago. Gold is well over 3300 this morning. Central banks and governments worldwide are issuing statements in rapid fire. Companies are saying they have two scenarios for earnings guidance. The President is threatening wars, fighting universities, offering taxpayer money to buy countries, and ignoring the courts. These times are unprecedented.
So, now is the time to make your year, and showcase your skills here. When markets are booming and you say a 10% gain on a flyer proves your brilliance, nobody’s listening.
Several on the radar… CRSP is high on the list… Four different clinical updates by mid-year, involving Type 1 diabetes, cancer and other…
I maintain MSTR… Just in the last 3 weeks I’ve returned 140% with JNVR….last month netted 50% with APP..* ..MSTR netted 48% the past 3 weeks on roll over trades
VERV had exciting news this week..
** Canada starts Solana ETF’s today – April 16
Loar looks good. I bought at $88.
out at a 4% loss. I noticed that Abram’s capital management
. sold 2.6% of their holding of $100.52M. That doesn’t help.