Category: News

Hayden Adams spilled the tea that Sam Bankman-Fried dropped seven figures on Uniswap.com after Uniswap Labs already turned down the seller’s ask. Sbf snagged it anyway just to flex and troll the crew by pointing it at a Uniswap fork. That move felt super shady and it kicked off a whole WIPO mess later on.

Spilling Tea On The Uniswap.com Domain Drama 🦇

Wipo’s ruling shows Uniswap Labs filed their complaint on May 18, 2021 against whoever held Uniswap.com back then. The domain itself dates way back to July 30, 2000 yet the buyer only grabbed it on April 7, 2021 after trademarks were locked in. It was busy redirecting straight to a Sushiswap page at the time which totally overlapped Uniswap’s space so the panel called it out as shady vibes. Later it flipped to some sea urchin promo using the Japanese word uni but that came after the complaint dropped. They denied knowing anything about the team yet evidence proved they saw Uniswap as a rival and nabbed it on purpose. Archives from the Wayback Machine confirm the Sushiswap redirect was live around the filing date and Wipo ruled the whole setup created confusion plus bad faith moves all around. Four months on the domain got handed over to Uniswap Labs though the ruling never names Sbf as the owner or buyer. Check the full case here.

Sbf’s Early SushiSwap Plays Revealed 🌑

Sushiswap started as a straight Uniswap fork back in the wild DeFi boom of 2020 and Sbf jumped in months before this domain drama. Chef Nomi handed the whole project over to him during a governance meltdown in September after pulling tokens from the dev fund. Sbf then helped steer the migration and it slowly moved toward a multisig setup instead. This whole saga shows how cursed domain flexes can get in crypto fr. 🖤💀🔮🌸👾✨🕸️🦇

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Just another echo from the void by iconofsin.eth 💖

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Bitcoin’s price is closing in on $87,000 after this explosive rally that just wrecked over $1 billion in liquidations across crypto derivatives rn. 🖤

The cryptocurrency hit an intraday high at exactly $87,000 with its total market cap climbing toward $1.8 trillion. 🌙

This move extends Bitcoin’s impressive recovery from around $75,000 last week and pushed it to the highest price since January. 🦇

Shorts Get Crushed as BTC Rallies Higher 💥

The sharp move caught leveraged traders who were betting on more downside. 🔥

Data from CoinGlass shows roughly $1 billion worth of positions got liquidated with $900 million being shorts. More than 139,000 traders saw their positions force-closed and the single largest one happened on Hyperliquid at slightly over $20 million. 😈

This massive imbalance means forced short closures added extra momentum as BTC cleared several resistance levels in quick succession. ✨

This is basically a short squeeze turning into a full liquidation cascade. 📈

What Happens Next for Bitcoin? 🔮

Eyes are shifting fast toward the $88,000 area and beyond to $90K. 🌹

Some analysts highlighted Bitcoin reclaiming its 50-week moving average near $78,700 as a super important technical shift with $88K as the next target. 💀

Other views point to a major bearish block around this zone so a sustained break above $88K could unlock $90K or even $95K while $80K and $82K flipped into key support. 🕸️

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Just another echo from the void by iconofsin.eth 💖

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Brian Armstrong, the ceo over at coinbase, thinks the senate flopping on the clarity act could lowkey be a vibe for his exchange rn because it keeps those wall street giants from crashing our defi party under some fresh rules 🖤.

The crypto exec still pushed that the bill would’ve boosted the whole space tho, even while admitting coinbase might dodge some heat without all that extra comp.

A Bill Passing Wouldve Spelled Way More Rivals 🎲

In a september 20 chat with scott melker the coinbase boss explained how the bill flop could hit mixed notes for the crew. Clear rules might pull in traditional finance heavy hitters to crypto but it would also flood the gate with fresh rivals 💀.

Every major financial services company in the world would have started integrating crypto with regulatory clarity. We would have had tons more competition armstrong noted. So in a way honestly it arguably could even be better for us to go under this path because were one of the few companies whos willing to go through that.

The big guy also looped back on coinbases gripes with an older draft of the bill. That january version had issues around tokenized stocks fines for defi devs the cftcs grip on spot markets and stablecoin rewards 🌙.

He kept saying those four spots got fixed in the latest senate version so those old objections are now ghosts.

Coinbase Pivot To Regulators While Congress Freezes Up 🔮

With the bill stuck the exchanges ceo noted coinbase can just keep vibing with the sec and cftc while they cook up fresh industry rules 👀. In the short term its probably better for us in certain ways he told melker. Its a little bit more permissive to have the sec and cftc do it.

Hes treating the bill as basically dead unless it gets a revival and seven dem senators have shown they aint quitting on crypto laws yet.

Armstrong dropped these takes amid bigger fights on how rules should handle stablecoin rewards plus ties between crypto squads and old school banks. The genius act set a federal frame for payment stablecoins but bank comp questions are still buzzing around the chat.

He added that coinbase is down to team up with banks instead of seeing them as pure rivals 💅.

You can catch more on the clarity vote fail in our video below.

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Just another echo from the void by iconofsin.eth 💖

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Bitcoin’s kinda tracing that same spooky path from 2022-2023 rn fr according to Doctor Profit’s fresh take. 🖤 The analyst noted how breaking past the 50-week moving average set up the wild push to the 82500-83000 zone which just exploded over the last few hours. 🌙

That 2022-2023 Vibe Repeating 💀

The MA50 Weekly sits around 78700 now. BTC blasted past it and hovered near 85000 at writing time after that insane Monday surge. Doctor Profit thinks a weekly close above the average would lock in his super bullish hunch. His call comes from BTC’s old market setup in 2022-2023 when it got rejected around the MA50 Weekly a bunch before finally clearing it. ✨ Bitcoin dipped below the MA50 Weekly then snatched it back seven times total. Five of those led straight into bull runs while two turned out fakeouts. Those fakes hit once in 2011 when liquidity was basically nonexistent and again in 2020 during the COVID crash. 🕷️ The scene rn mirrors that pattern exactly. The analyst dropped this. Bears saw the dip as proof of total collapse but the market flipped hard. I spot the same big shift happening now. 🔥 This latest break puts all eyes on the fresh bull phase kicking off which everyone has been guessing about lately. Doctor Profit called 88000 the next stop once resistance clears. 👻

Even Bolder Target Incoming 🔮

Another trader thinks Bitcoin might copy an old cycle again. Crypto Patel pointed out the 364-day gap from the 2017 top to 2018 bottom then the same gap from the 2021 top to 2022 bottom. It looks like the 2025 peak to 2026 bottom is lining up too. 🌸 BTC is retesting long-term trendline support after losing the big EC zone. If the pattern holds Crypto Patel said the next huge jump could hit 370000. Price action has to confirm it first though.

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Just another echo from the void by iconofsin.eth 💖

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