As more opinions buzz around Strategy’s fresh bitcoin moves in our crypto circles a trader called Merlijn has pushed back against Ripple CEO Brad Garlinghouse views on it all 🦇 In a tweet calling out those remarks Merlijn insisted both Ripple and this business intelligence firm lean on identical funding tricks so the Ripple boss holds zero ground to scold Strategy or Michael Saylor when their plays mirror each other.

Trader Challenges Garlinghouse’s Comments on Strategy 🌙

Over the weekend Garlinghouse claimed during a CNBC chat that Strategy’s bitcoin model drags the broader crypto scene down. The leading treasury outfit paused its buying streak and offloaded some holdings which stirred chaos since they fueled major BTC demand. Even after resuming purchases the sale drew fire from big voices like Garlinghouse who argued Saylor ignored building around BTC’s true strengths. He noted the purchase model once fueled rally excitement yet now worsens the pain during declines.

Two Giants, Same Model 🖤

Merlijn agrees STRC sits in distress but insists Garlinghouse cannot attack Saylor fairly. Ripple funds itself by offloading XRP from escrow monthly which mirrors Strategy’s own approach. Both giants lean on the assets they champion creating parallel selling pressure so the criticism feels ironic from someone who skips the never sell mantra.
Merlijn’s full take here.

Just another echo from the void by iconofsin.eth 💖

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David Schwartz who co founded the XRP Ledger dropped a clever transaction reservation scheme to crush front running on the network’s decentralized exchange and automated market maker 🖤 his idea sparked from a sharp post by the XRP focused account XRPresso io highlighting how validators and connected nodes peek at pending trades before ledger close.

XRPL Front Running Worries 🌙

Transfers often linger in a public queue as XRPresso noted allowing savvy players to eye profitable sandwiches and flood similar entries for better slots in the hash based ordering formula ✨ this setup risks leaving everyday traders in standard wallets disadvantaged while sharp operators snipe value.

Schwartz called the core issue valid yet noted equal visibility for all unless validators collude which would show on chain and get them booted from trust lists. He shared in a tweet that multiple validators conspiring would be very obvious to everyone exactly who was doing this. No real attempts have surfaced beyond proofs of concept mainly due to tough profitability math needing both high and low liquidity at once.

His fix lets users submit a reservation tx with a ledger sequence and ID plus a fee for guaranteed priority if broadcast before close ensuring your move beats any formed after disclosure.

DeFi Front Running Chat 💎

XRPresso sees the reservation as interesting but adds cost and misses pre validation secrecy favoring confidential pending tx details like other chains use. The broader DeFi headache shows in Changpeng Zhao’s push for a dark pool perps DEX with zero knowledge crypto to mask orders till execution.

Just another echo from the void by iconofsin.eth 💖

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Nearly one year back Jim Cramer tossed Palantir PLTR Applovin APP Robinhood HOOD and Coinbase COIN into his PARC collection on Mad Money. Three of the four have now slipped or stayed flat while momentum cooled off 🖤

PARC Performance Check Leaves Coinbase Trailing Hard 📉

Cramer introduced PARC on July 14 2025 lumping the names together as retail favorites running on pure hype with no limits. He split the market into the S&P 500 and this group riding momentum alone.
A June 29 2026 post from market watcher Heisenberg laid out the numbers showing Coinbase dropped hardest since then with a 62 percent slide.
Yahoo Finance data puts the 52 week range for COIN between 139 and 444 with price now hovering near 149 far from earlier highs. Donald Trump listed COIN purchases from January through March in his May disclosure though third parties handled the actual trades.
Palantir sits down about 25 percent from the acronym date and roughly 40 percent for 2026 so far with its 52 week peak near 207 and current level around 113.
Robinhood holds basically flat which feels like a small positive compared to the drops elsewhere. The firm just closed its 180 million WonderFi buy and now serves well over 1 million funded international accounts yet shares have not reacted much.
Applovin stands alone with a 34 percent gain since PARC debuted though its price near 477 still trails the yearly high of 745.

PARC Sliding Into a Darker Meme 💀

Back in 2025 Cramer picked PARC over the alternate CARP option. Some online voices floated CRAP instead and one year on that label feels oddly fitting after the moves. Analyst Shanaka Anslem Perera noted the shift in a post on X:

The acronym arrived at the precise moment conviction in these names ran hottest and the year that followed turned a throwaway joke into a price chart. CRAP was never an insult. It was the forecast written a year early.

Just another echo from the void by iconofsin.eth 💖

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Despite growing criticism and online FUD, Saylor’s brainchild Strategy continues to focus on BTC, but the new move is quite different. Instead of announcing a new bitcoin purchase, the firm’s former CEO noted on X that the company has launched the Digital Credit Capital Framework to strengthen its digital credit, enhance liquidity, preserve long-term BTC exposure, and support long-term value creation.

Digital Credit Capital Framework Unveiled 🕷️

Saylor’s first message reassured the public that the company has increased its USD reserve to $2.55 billion, which should cover the dividend payments for 17.4 months. The greenback stash can be used only for dividends and interest expense, and “will be maintained at a minimum of 12 months.” Strategy has also established a BTC Monetization Program, which allows it to sell bitcoin to fund the USD reserve (with a cap of $1.25 billion), dividends and interest expenses, or to repurchase Digital Credit securities and MSTR under the applicable programs. If it indeed sells more bitcoin, then its dividend coverage rises to $3.8 billion – or 25.9 months of such payments. Strategy has also established repurchase programs for its Digital Credit securities of up to $1 billion of MSTR.

“This will create flexibility to accretively buy back securities during market dislocations. Repurchases will not be funded from the USD reserve,” said Saylor.

In addition, STRC’s dividend rate has been increased by 50 bps to 12%, effective for the July 2026 record date. Saylor said the company will continue to evaluate the rate monthly, as its corporate objective for Stretch remains to trade at $99-$100. Recall that STRC plummeted by 25% under its par value in the past few weeks.

FUD Growing Darker 🌑

Recall that Strategy and particularly its STRC stock have come under a lot of fire in recent weeks. The company sold a tiny portion of its BTC holdings by the end of May, and even though it has accumulated a lot more since, market observers claim that the firm has rattled the industry. Critics have continuously attacked Saylor and his company, warning that they might have to sell over 50000 BTC in the next couple of years to cover some expenses or dividend payments. CryptoQuant analysts suggested that Strategy should halt its BTC purchases in favor of rebuilding its USD reserve. Although the company has not listened entirely to this advice, the last two announcements were more focused on the USD reserve rather than the BTC stockpile. 🖤

Just another echo from the void by iconofsin.eth 💖

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Traced flows exceeding $3.84 billion link CoinEx directly to sanctioned Iranian players across seven years of steady blockchain movement.

TRM Charts CoinEx Iran Ties 🕷️

Fresh data from TRM Labs shows the four newly hit exchanges made up roughly $7.7 billion or 78 percent of Iran’s total attributed crypto flow for 2025. Volumes stayed elevated even after prior enforcement waves. CoinEx itself processed more than $79 billion overall.

This platform founded back in 2017 now stands as Nobitex’s biggest external counterparty. Over $2.7 billion has flowed between them via 6.2 million on-chain transfers since late 2018 averaging roughly $1 million daily. Nobitex net-sent about $360 million extra suggesting consistent outward routing from Iran. 🖤 Volumes climbed from $13 million in 2020 to $575 million in 2021 dipped then rebounded to $714 million in 2024 and $763 million in 2025.

Direct connections reach more than 60 Iranian platforms including Wallex Ramzinex BitPin and others with similar volume shares indicating coordinated patterns rather than random activity. Another $67 million from Iran’s Central Bank reached CoinEx through layered laundering involving multiple chains bridges Gnosis Safe and Aave tokens between June 2025 and June 2026. ViaBTC mining activity tied to the same parent group moved over $154 million toward Nobitex-linked wallets mostly in one direction.

Pattern Shifts After Escalation 🌙

TRM also spotted CoinEx exposure to IRGC-linked wallets Hezbollah Garantex Bitzlato ransomware and mixers. Following intensified US-Iran-Israel tensions average transfer sizes jumped and bigger deals became routine. Post-OFAC sanctions volumes dropped yet private accounts may keep flows hidden from public view.

CoinEx stated no ties exist to the Iranian government or sanctioned parties and denied any funding or support while noting on-chain data alone proves nothing.

CoinEx has never had any relationship with the Iranian government or sanctioned entities and has never provided funding or support to them.

— CoinEx (@coinexcom) embed

Just another echo from the void by iconofsin.eth 💖

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