odds for top performer for the rest of 2025 on kalshi are mispriced.bitcoin leads with 35%, ripple close at 32%, eth at 27%imo, it's ETH. the ticker is ETH https://t.co/OfUkwRvrD5 ...

Core Insights - Thumzup Media Corporation has appointed Chris Ensey to its Board of Directors, effective October 14, 2025, as the company prepares for its merger with Dogehash Technologies, Inc. [1][4][8] - Ensey brings over two decades of experience in technology, cybersecurity, and data center development, which positions him well to guide Thumzup's growth [2][3][5]. Company Developments - The appointment of Ensey is seen as pivotal for Thumzup as it transitions into a diversified digital innovation enterprise [1][4]. - Thumzup is expanding its treasury strategy beyond Bitcoin to include other leading cryptocurrencies such as Dogecoin, Litecoin, Solana, Ripple, Ether, and USD Coin, reflecting its commitment to financial agility and innovation [6]. Leadership and Expertise - Ensey has a strong background in blockchain operations and risk management, having previously served as CEO and COO of Riot Blockchain, where he led strategic expansion during a dynamic phase of the crypto market [3][8]. - His experience includes significant roles in cybersecurity and infrastructure programs at major firms like IBM and SafeNet, which will enhance Thumzup's capabilities in executing its post-merger strategy [3][5]. Strategic Vision - Thumzup's CEO, Robert Steele, emphasized that Ensey's expertise aligns with the company's vision as it advances towards the DogeHash merger and aims to expand its presence in the digital asset ecosystem [4][5]. - Ensey expressed enthusiasm about shaping the future of digital marketing and crypto assets, indicating a focus on uniting technology, creativity, and financial innovation [5].

Core Insights - The year 2025 is pivotal for cryptocurrency investments, with a notable increase in institutional interest and venture capital funding in blockchain and digital asset projects globally [2][10] - Leading global funds are now seen as key players in the crypto ecosystem, identifying and supporting innovative blockchain projects [3][24] Venture Capital Funds - Crypto-focused venture capital firms are at the forefront of funding innovation, managing substantial assets and investing in a range of projects from early-stage to mature blockchain enterprises [4][10] - Paradigm, founded by veterans from Sequoia Capital and Coinbase, has a diversified portfolio including projects like BlockFi and MakerDAO, focusing on lending and decentralized finance [5] - Pantera Capital, the first U.S. institutional asset manager dedicated to blockchain, emphasizes diversified exposure to blockchain tokens with investments in projects like Filecoin and Polkadot [6] - Digital Currency Group (DCG) invests in over 100 early-stage digital asset companies globally, covering a wide range of the crypto ecosystem [7] - Blockchain Capital has backed over 90 ventures, including AAVE and Coinbase, with a disciplined, research-driven investment approach [8] - Polychain Capital focuses on privacy technologies and cross-chain solutions, with a portfolio that includes Filecoin and Avalanche [11] - Galaxy Digital has evolved into a multi-product crypto financial services provider, expanding its offerings for both retail and institutional clients [12] Institutional Investment - Institutional investors are increasingly driving crypto adoption, with significant allocations to Bitcoin and Ethereum, which typically represent 60-75% of their crypto portfolios [10][17] - BlackRock's Bitcoin ETF has amassed over $85 billion in assets, while its Ethereum ETF has reached $15.3 billion, showcasing the integration of traditional finance with crypto [14][15] - Corporate investments in Bitcoin have surged, with MicroStrategy holding nearly 600,000 BTC, reflecting a strategic approach to using Bitcoin as a store of value [16] Market Impact - The investments from leading funds provide critical liquidity and capital for blockchain innovation, influencing market sentiment and asset valuations [20] - Following the strategies of top VC funds and institutional players can offer retail investors valuable insights and opportunities [21] - The growing enthusiasm for crypto among institutional investors is reshaping the financial landscape, with a focus on digital currencies, DeFi, and blockchain infrastructure [22][23]

Core Insights - Investing in cryptocurrency assets is likened to investing in early-stage startups, emphasizing the need for diversification and the potential for massive returns despite high failure rates [1][2] Group 1: Investment Landscape - The cryptocurrency industry is characterized by a high probability of failures due to the ambitious nature of its projects, with many existing projects, including Ethereum and Solana, at risk of failing [2][3] - Bitcoin is posited to have a valuation potential similar to Amazon, approximately $2.3 trillion, as it targets the $25 trillion gold market [3][4] Group 2: Market Potential - Blockchains like Ethereum and Solana aim to capture significant portions of the global financial system, which includes a payments industry that facilitated 3.4 trillion transactions worth $1.8 quadrillion [4] - The combined value of stock, bond, and real estate markets is estimated at $665 trillion, indicating vast market opportunities for decentralized platforms [4] Group 3: Valuation and Competition - Ethereum and Solana are valued at approximately $500 billion and $100 billion, respectively, due to their potential to capture major market shares as decentralized supercomputers [5] - Tether, a leading stablecoin issuer, is attempting to raise funds at a $500 billion valuation, positioning itself among the most valuable startups alongside OpenAI and SpaceX [5]

Core Insights - European retail banks are increasingly embracing crypto trading, a shift from their previous reluctance to engage with cryptocurrencies [1][7] - Major players in the European banking sector, including BBVA and Santander, are now offering crypto trading services to their customers [3][4][7] Group 1: Historical Context - Prior to 2017, only private European banks catered to wealthy clients with crypto services, but Swissquote opened retail participation in December 2017 [2] - Switzerland has been a leader in this space, with banks like Dukascopy and Sygnum joining the crypto market in the late 2010s [2] Group 2: Recent Developments - From 2020 onwards, more banks in Italy, Germany, and Estonia began to offer retail crypto trading, although initially limited to smaller banks and neobanks like Revolut and N26 [3] - BBVA launched trading and custody services for Bitcoin and Ether in July 2023, prompting other major banks to follow suit [3] Group 3: Major Players and Services - Santander launched crypto trading through its subsidiary Openbank, initially in Germany and expanding to Spain [4] - Deutsche Bank is partnering with Bitpanda to develop a digital assets custody service expected to launch next year [4] Group 4: Service Models - Retail banks can either build their own crypto exchange or utilize white label solutions from providers like AMINA and Sygnum [5][6] - Traditional crypto exchanges are also entering the white label market, with N26 and Raiffeisenlandesbank using Bitpanda's infrastructure [6]

All [Music] right, good afternoon and welcome to asking for a trend on Miles Oven. For the next half hour, we're breaking down the trends of today that'll move stocks tomorrow. There's a lot to keep track of, so we're focusing on what you need to know to get ahead of the curve.Here are some of the trends we'll be diving into. Wall Street seen green today, a trifecta record close on the Dow, S&P 500, and the Nasdaq. At the end of the session, all major indices finished the day higher.And is the market hot fo ...

KEY TAKEAWAYSBitcoin is the first decentralized cryptocurrency, launched in 2009 by Satoshi Nakamoto.Cryptocurrencies use cryptography and blockchain to secure, verify, and record transactions.Blockchain is a transparent, immutable ledger underpinning Bitcoin and other digital currencies.Mining validates transactions, secures the network, and issues new bitcoins.Bitcoin derives value from scarcity, utility, trust, and adoption, similar to gold.Risks include volatility, regulation, security breaches, and sca ...

Regulatory Landscape & ETF Approvals - SEC approved generic listing standards, accelerating spot crypto ETF approval process [5][6] - These standards allow exchanges to list ETPs holding spot commodities without individual SEC approval, given criteria are met [6][7] - SEC considers almost every crypto a commodity, paving the way for altcoin ETFs [6] - Bloomberg analysts anticipate a wave of spot crypto ETP launches [8] - SEC is exploring an innovation exemption framework for DeFi platforms [11] - CFTC launched an initiative to enable trading of spot crypto asset contracts on registered TradFi futures exchanges [11] Altcoin ETF Market & Potential - Grayscale's Digital Large Cap Fund (renamed Coindesk Crypto 5 ETF) was approved, containing BTC, ETH, XRP, SOL, and ADA [9] - Rex Osprey listed ETFs for XRP and Dogecoin, with the XRP ETF having a strong opening day [10] - Potentially 12 altcoins meet SEC's minimum listing criteria due to futures listings on Coinbase, including LTC, BCH, DOGE, DOT, SHIB, AVAX, LINK, XLM, SOL, HBAR, ADA, and XRP [10] - There have been 91 altcoin ETF applications, with 11 already approved [10] Timeline & Impact - New ETF approval process (S1 form) has a 75-day approval window, potentially leading to approvals around December 1st [11] - Many pending altcoin ETFs have approval deadlines in mid to late October [11] - Short-term impact of altcoin ETFs is uncertain, depending on attention drawn to the altcoins [11] - Long-term impact depends on inflows these altcoin ETFs receive [11]

Market Overview - A historic $1.7 billion was liquidated from the crypto markets in the past 24 hours due to macroeconomic factors and uncertainty, leading to an abrupt correction after weeks of upward momentum [1][2] - Major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Solana (SOL) experienced significant declines, with Bitcoin posting double-digit losses and Ethereum suffering around 8% drop [2] Liquidation Details - Of the total liquidations, $1.615 billion was from long positions, with Ethereum experiencing the largest losses at approximately $483 million in just 12 hours, followed by Bitcoin at $276 million [3][7] - The overall market sentiment is cautious as investors navigate through an uncertain September, which is historically the worst-performing month for crypto market returns [7] Market Conditions and Predictions - Prior to the U.S. Federal Reserve's rate cut announcement on September 17, crypto markets were bullish, but subsequent recession fears led to bearish pressure [4] - Analysts predict a potential second rate cut by the Federal Reserve in October, which could influence market recovery and shift from "Redtember" to "Uptober" [4][7] - Historical data shows that ten out of twelve Octobers since 2013 have been bullish, with the last six experiencing considerable market rallies [5] Treasury and Liquidity Impact - The U.S. Treasury is working to refill its General Account to $850 billion by offloading Treasury Bills and bonds, which could impact liquidity in the stock and crypto markets [6][8] - Once the Treasury General Account is refilled, the drain on liquidity may stop, although it remains uncertain if new liquidity will enter the market as a result [8]

Core Viewpoint - Thumzup Media Corporation is undergoing a strategic transformation to become a leader in cryptocurrency mining, highlighted by a pending acquisition of DogeHash Technologies, a dedicated Dogecoin mining company [1][4][6]. Financial Strategy - Thumzup Media went public on Nasdaq in October 2024 with an $8.2 million offering at $5 per share, aiming to redefine social media marketing [2]. - The company has invested a total of $2 million in Bitcoin as part of its treasury strategy, with an initial investment of $1 million in January 2025 and a subsequent $1 million investment later that month [2][3]. - A $6.5 million capital raise at $6 per share in June 2025 and a $50 million offering at $10 per share in August 2025 have significantly strengthened the company's balance sheet [3][6]. Acquisition and Expansion - The acquisition of DogeHash will add 2,500 state-of-the-art mining rigs, with an additional 1,000 rigs ordered, positioning Thumzup to capitalize on the $10.5 billion cryptocurrency mining market, projected to grow to $22.6 billion by 2035 [4][5]. - The company aims to expand its mining fleet further with capital from recent offerings, targeting a substantial increase in revenue run-rate into 2026 and beyond [5][21]. Market Position and Growth Potential - The cryptocurrency mining sector is seen as a significant opportunity for value creation, with Dogecoin mining operations reported to be nearly three times more profitable than Bitcoin mining [9]. - Dogecoin's market capitalization exceeds $36 billion, with a daily trading volume of $4 billion, indicating strong market interest [10]. - Thumzup is positioned to become one of the few publicly traded, utility-scale Dogecoin miners, diversifying its revenue streams [8][12]. Strategic Partnerships and Advisory - The company has expanded its partnership with Coinbase Prime to establish a Bitcoin-backed credit facility, enhancing its ability to scale and pursue a diversified digital asset treasury strategy [15]. - A newly created crypto advisory board, led by Alex Hoffman, aims to leverage Dogecoin for lending, staking, and other yield-generating applications [16]. AdTech Platform Development - Thumzup's AdTech platform continues to grow, surpassing 34,000 approved social media posts and over 1,000 advertiser locations by August 2025, showcasing its potential in the digital marketing space [17].