Welcome to Nofinity

• Bitcoin Below $60K: Bitcoin is trading below the 200-week moving average at around $59,500. This is a rare event, historically seen only in severe bear markets.

• MicroStrategy (MSTR) in Crisis: MSTR stock is down 84% from its all-time high, while Bitcoin is down only 53%. Michael Saylor faces a three-body problem: he must maintain the value of Bitcoin, MSTR, and the preferred stock STRK (which promises 11.5% dividends), which is proving increasingly difficult.

• STRK Under Pressure: STRK is supposed to trade at $100 but is around $74. The market doubts its solvency, as the company has only about 10 months of dividend coverage left. Saylor now has to break a social contract: either sell Bitcoin, issue new MSTR shares below NAV, or default on STRK dividends.

1. AI Dominates Attention: All market capital and attention are flowing into Artificial Intelligence (e.g., Nvidia, Micron), harming crypto as an asset class.
2. Debasement Trade on Pause: Global liquidity, especially from China, has decreased. As long as the dollar is strong and central banks aren't printing, the trade of Bitcoin as an inflation hedge is on hold.
3. The 4-Year Cycle: The market is in a deleveraging phase. Excess credit from the last bull market must be purged from the system, leading to price declines.

• Ethereum Foundation (EF) Shrinks: The EF cut its budget by 40% and staff by 20%. It wants to focus on Ethereum's weaknesses (e.g., censorship resistance, privacy) rather than commercial success.
• ETH Labs Launches: A new, independent R&D lab founded by former EF members (e.g., Casper, Barnaby). Its goal is to make Ethereum relevant and win by prioritizing ETH, DeFi, and adoption. This is viewed as a bullish move for Ethereum.

• US Executive Order: The US is accelerating quantum computer development. The goal is to implement quantum-resistant cryptography by 2031, which is sooner than expected.
• Impact on Crypto: Both Bitcoin and Ethereum are not yet ready for the quantum threat. This represents a significant, but still distant, risk.

• The governor of Illinois has signed a 0.2% transaction tax on all crypto movements (the "Digital Asset Privilege Tax"). The tax takes effect in January 2027 and is described as the worst crypto tax ever. It is expected to be challenged in court.

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This video shows how to build an extremely fast AI trading bot using Jev and Claude. The author (Miles) demonstrates a live high-frequency trading bot running on Hyperliquid.

• Jev is not a traditional LLM, but a System One model.
• It doesn't generate text; instead, it evaluates states and returns structured decisions with probability scores.
• This enables fast classification at a fraction of the cost of Claude.

• Claude (the LLM) handles strategy development, backtesting, and open-ended analysis.
• Jev takes care of fast decision-making during execution – ideal for high-frequency trading with low latency (~300–500 ms).

• The full setup prompt is available for free in the school community.
• Jev is deployed via Vercel, with Claude Code acting as the control center.
• The bot can run on paper trading or live accounts – the architecture is identical.

• There is no magic strategy: 99% of strategies lose money.
• Use backtesting (e.g., custom engines, Quantedia, NFX) and test strategies on paper first.
• Only switch to a live account after successful forward tests.

• Jev can read live headlines (e.g., Bloomberg, Reuters, Yahoo Finance) and classify them as bullish, bearish, or neutral within milliseconds.
• This makes it possible to build automated news trading systems.

• Alpaca: Simple, supports stocks and crypto, paper and live trading via API.
• Bybit: Better for crypto with lower fees; connect via VPS, MCP, or Trigger Trade.
• Important: set risk rules (max position, daily loss, kill switch) and use alerts or manual approvals for large trades.

Jev is not a replacement for an LLM, but a powerful complement for fast decisions. The technology is useful not only for trading, but also for business workflows (e.g., data classification). Early adopters can gain a real edge.

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• For most of its history, Bitcoin faced heavy government regulation (e.g., China, India) and was often associated with money laundering and crime.
• Donald Trump's transformation is a prime example: from harsh criticism ("Bitcoin is a scam") to a pro-Bitcoin stance, driven by campaign donations, NFTs, and geopolitical considerations.
• The U.S. establishes a Strategic Bitcoin Reserve (Executive Order on March 6, 2025), built on already-seized BTC. The goal: to hold long-term rather than sell.

• Michael Saylor and his company (now "Strategy") developed an extreme treasury strategy: raising capital through equity, convertible bonds, and preferred shares to buy massive amounts of Bitcoin.
• By the end of 2025, the company holds over 670,000 BTC, setting new standards—but not without risks, as seen in forced sales during price drops.
• More and more companies are following the trend: over 198 public firms now hold Bitcoin as a reserve asset.

• Bitcoin mining has become a political tool: Trump wants Bitcoin "mined, minted, and made in the USA".
• The focus is on cheap energy and strategic advantages—a stark reversal from earlier regulatory policies.

• ETFs and regulated custodians (like BlackRock) make Bitcoin accessible to institutions, but users often don't control the private keys—a contradiction to the original ethos of decentralization.
• Satoshi's vision of peer-to-peer cash is diluted by intermediaries, yet the software remains resistant: no government can rewrite the rules running on users' computers.

• Bitcoin has survived its trials (e.g., Mt. Gox, regulatory crackdowns) and now sits at the table with nation-states, corporations, and central banks.
• The core question remains: Can Bitcoin preserve its decentralized identity once banks and states integrate it? Or will it adapt to the traditional financial world?

Conclusion: Whether as digital gold or a political symbol—the world has taken notice of Bitcoin. The fight for the future of money is still open, but Bitcoin has already proven it cannot be beaten.

Would you like to dive deeper into a specific aspect (e.g., Strategy's sales strategy or mining developments)?

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