Was in IRL meetings all day today in Bahrain🇧🇭, including one on stage fireside chat. What a blood bath in crypto today! Not too sure what happened, but I think it started with FUD (false news) about Alpha not going to list certain coins in the future, which soon proved to be wrong. But the FUD already done its damage. This is the unfortunate power of FUD when enough people get fooled by it. People often give me too much credit, in good times and bad. I didn't do anything. Was busy all day.🤷‍♂️ I often see titles like "BlackRock sold BTC", "Binance sold BTC". The correct titles should be "BlackRock's clients sold BTC". "Binance's users sold BTC". Lastly, I support decentralized self-custody wallets for accessing memes, or any crypto. Manage risks properly. And keep building!

JUST IN: 🇺🇸 Publicly traded BitMine Immersion buys 163,142 $ETH worth $500 million for its treasury.

Estimating the internet's worth in USD is complex and depends on the metric used. The total market capitalization of publicly traded internet companies, such as Alphabet and Amazon, is approximately $10.5 trillion as of May 2025, based on financial data. This figure reflects the value investors assign to core internet businesses, making it a relevant comparison to assets like Ethereum. Alternatively, the global digital economy, encompassing all internet-related activities like e-commerce and tech spending, is projected at around $13.5 trillion for 2025. These estimates vary due to differing methodologies, and precise valuation remains uncertain without a standardized definition.