In the grand theater of the absurd, where the powerful play their games, the CEO of CryptoQuant, Ki Young Ju, has proclaimed that the crypto market is morphing into a veritable “weapon of the United States.” Ah, the irony! Just when you thought the world of digital coins was a sanctuary for the free-spirited, along comes Trump with his grand announcement of a U.S. crypto reserve. 🎭
In a recent missive, Ju dissected Trump’s latest proclamation on Truth Terminal, which, like a magician pulling rabbits from a hat, sent major tokens soaring in anticipation of this national crypto reserve. It’s as if the coins themselves were donning capes, ready to serve their new master! 🦸♂️
Ju noted with a wry smile that Trump mentioned Bitcoin (BTC) and Ethereum (ETH) a mere two hours after his initial post, which had only whispered the names of XRP (XRP), Solana (SOL), and Cardano (ADA). “Can I interpret his tweets this way? ‘BTC and ETH, show me your strategic value—for me and the USA. I just closed a deal with XRP, SOL, and ADA,’” he mused, perhaps with a hint of sarcasm. 🤷♂️
The crypto market is increasingly becoming a weapon of the United States.
Since Trump’s election, universal moral standards have declined. Now, if something benefits Trump and serves U.S. national interests, it is no longer considered illegal.
Despite opening the market without…
— Ki Young Ju (@ki_young_ju) March 3, 2025
“Ultimately, ‘coins serving U.S. national interests’ are likely to work against every country except the United States,” Ju declared, as if unveiling the plot of a thrilling novel. It seems we are witnessing a strategy to dominate the crypto market and absorb foreign capital, like a hungry beast devouring its prey. 🦁
As a result of this new model, Ju warned that Trump’s embrace of cryptocurrency as a tool to crown the U.S. “the Crypto Capital of the World” could very well pose a threat to Bitcoin and Ethereum. The irony thickens! These two titans, striving for decentralization and public good, now find themselves caught in a political tug-of-war. 🎢
“Judging by Trump’s recent posts, it seems that Bitcoin and Ethereum are now being signaled as ‘neither friend nor foe,’” he concluded, perhaps with a chuckle at the absurdity of it all.
In a separate post, Ju clarified that he did not intend to “judge” the U.S. Instead, he expressed a sense of “admiration,” marveling at how swiftly a nation can pivot. It’s a dance of power, and we are but spectators in this grand spectacle. 💃
Trump’s crypto reserve announcement sent shockwaves through the crypto realm, inflating the market by a staggering $300 billion. Bitcoin, like a phoenix rising from the ashes, surged 8%, finally breaking free from its slump and soaring beyond $93,000. Meanwhile, Ethereum leaped by 11%, and Cardano joined the party with a jaw-dropping 75% boost. It’s a wild ride, folks! 🎉
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2025-03-03 16:18