COINSNACKS
Home
Newsletters
Deep Dives
Search
Subscribe
COINSNACKS

โ†’ 7 market signals flashing red right now (From American Alt. Assets)

  • Home
  • Posts
  • Audit Fort Knox

Audit Fort Knox

Regardless of if the gold is there or not, the mere fact that people are so passionately debating means that bitcoin has already won.

Feb 18, 2025

โ€ข

4 min read


Gold Keeps Hitting Record Highs. Are You Prepared?

The world order is shifting, trade wars are pending, inflation is still running hot, and smart investors are turning to gold. Protect your wealth before itโ€™s too late.

๐Ÿ“ฅ Get Your Free Gold Guide Now

5. Javier Milei Backtracks on $4.4B Memecoin After 'Insiders' Cash Out $107 million

Argentina's president Javier Milei has backtracked on a since-deleted tweet promoting a memecoin dubbed $LIBRA, which rose to a $4.4 billion market cap. However, mere hours after the token's rise, 8 wallets related to the $LIBRA team cashed out $107 million, sparking a 95% crash in the token's market cap and accusations of an insider rug pull.

4. Abu Dhabiโ€™s Sovereign Wealth Buys $461 Million Bitcoin

Abu Dhabiโ€™s sovereign wealth fund, Mubadala Investment Company, has emerged as one of the largest institutional investors in BlackRockโ€™s iShares Bitcoin Trust (IBIT). The buys occurred in Q4โ€™24 so it is quite possible Mubadala has continued buying in Q1 of this year.

โ€” # (#)

3. Blockchainโ€ขcom Takes Step Towards IPO

The crypto exchange has hired the former head of crypto investment banking at Goldman Sachs (who helped Coinbase go public), to serve as the companyโ€™s new CFO. The move comes amid a flurry of other crypto firms reported to be considering going public, including Circle, Kraken, Bullish, Gemini, Ripple and BitGo. Blockchain most recently raised money at a rumored $4 billion valuation in 2023.

2025 Crypto IPO Tracker

With regulation loosening and crypto prices rising, the window for crypto companies to go public is beginning to open. Our crypto IPO database will track the crypto-focused companies most likely to IPO in 2025.

www.coinsnacks.com/p/crypto-ipo-tracker

2. Fold Debuting on Nasdaq

Bitcoin startup Fold just closed its SPAC merger with FTAC Emerald and will list on Nasdaq under โ€œFLDโ€ tomorrow. Since launching in 2019, itโ€™s expanded to offer BTC custody and trading, debit and credit cards, and other personal finance tools all linked to a mega bitcoin rewards network. Going public means theyโ€™re doubling down on all that. The company has also made it loud and clear that they have bitcoin on the balance sheet, with already over 1,000 BTC in reserves.

โ€” # (#)

1. Audit Fort Knox

Is Americaโ€™s gold stash actually there? Rumors have swirled for years that the 4,580 metric tons ($425 billion) that the US owns in gold might have been sold off long ago. The last 'audit' was conducted in 1974, when the US Treasury opened just one of its 15 vaultsโ€ฆ Now Rand Paul and Elon Musk want to confirm it is actually there. Regardless of if the gold is there or not, the mere fact that people are so passionately debating means that bitcoin has already won.

Gold missing from Fort Knox?

  • Yes
  • Maybe a little...
  • No

Login or Subscribe to participate

Elon Musk: USA is going "bankrupt" unless we do this now

After years of inflation and a cost of living crisis... you might expect big "reforms" to the dollar from DOGE, or Trump's White House.

But right now... something very different is going on. And it's not happening at DOGE or the federal government at all.

Surprising news has just come out of Texas where a radical new development could replace the U.S. dollar altogether โ€“ with state support.

This is a rapidly developing story.

READ MORE


View more
caret-right

CoinSnacks

Digestible crypto news.

Company

Sponsor

Team

Social

Twitter

LinkedIn

I consent to receive newsletters via email. Terms of use and Privacy policy.

Website designed & built by Thunderclap