111480
The latest news from the world of cryptocurrencies. Paid promotion: @gqsoul
📈 Bitcoin and Ether ETFs Experience Significant Inflows
🚀 Bitcoin exchange-traded funds (ETFs) made a strong comeback on May 14, with a remarkable $320 million in net inflows, signaling renewed investor confidence. Blackrock’s IBIT led the charge, attracting $232.89 million, followed by Fidelity’s FBTC with $36.13 million and Grayscale’s Bitcoin Mini Trust adding $35.23 million.
📊 Smaller contributions came from Vaneck’s HODL ($7.32 million), ARKB ($5.16 million), and Bitwise’s BITB ($2.82 million). Notably, there were no outflows recorded across any of the 12 funds, a rare occurrence in recent weeks. The total value traded reached $2.74 billion, with net assets climbing to $121.84 billion.
📈 Ether ETFs also mirrored this resurgence, logging a $63.47 million net inflow for the second consecutive day. Blackrock’s ETHA led the way with $57.61 million, while Fidelity’s FETH contributed $5.86 million. With a total value traded of $447.95 million, ether ETF net assets rose to $9.04 billion.
💪 Both bitcoin and ether ETFs appear to have found solid footing, supported by institutional appetite and a resilient market tone.
📈 Cryptocurrency Market Sees Significant Gains
📊 The global cryptocurrency market experienced a significant rise on Sunday, reaching a total market capitalization of $3.34 trillion, marking a 1.42% increase within 24 hours.
💰 Bitcoin (BTC) remains the market leader, trading at $104,780 after a 1% increase in the past day and a 9.77% rise over the week. Ethereum (ETH) followed with a 4.71% daily increase and a 37.83% weekly gain, reaching $2,522.86. Together, BTC and ETH account for 71.3% of the market.
📉 In the last day, approximately $451.3 million in crypto derivatives positions were liquidated. Solana (SOL) showed one of the best performances among the top ten coins, gaining 19.42% to reach $173.96. XRP and BNB also reported solid weekly gains of 8.74% and 10.88%, respectively.
📈 The 24-hour trading volume across the market increased by 4.90% to $137.7 billion, indicating increased investor activity. Among the top daily movers, Pi Network (PI) surged by 49.86%, followed by Casper Network (CSPR) at 47.96% and Peanut the Squirrel (PNUT) at 39.10%. However, Ultima experienced the steepest decline of the day, dropping 14.42%.
📊 Overall, the broader market shows strength amid heightened volatility, driven by gains in both blue-chip tokens and smaller-cap assets. Market participants may find the current conditions favorable for strategic positioning, although discipline and caution are crucial in such fast-moving, sentiment-driven environments.
💰 Tim Draper Predicts Bitcoin's Infinite Value Amid Currency Collapse Concerns
📉 Tim Draper, a well-known venture capitalist and early bitcoin investor, recently expressed his views on the future value of bitcoin. He suggested that if current monetary trends and geopolitical tensions persist, bitcoin could potentially be valued infinitely in U.S. dollars. Draper stated,
Bitcoin might be worth an infinite amount of USD.
Bitcoin will continue to have open and transparent record-keeping and be easy to store.
And forget gold. Gold doesn’t play in the same league as bitcoin. It has real challenges around storage and transportation.
You want to have enough bitcoin to hold you and your family over for six months to a year. Or, if hyperinflation happens, that bitcoin might last a lot longer.
⚖️ Bitcoin Community Divided Over Proposal to Remove Blockchain Guardrails
💔 The bitcoin development community is currently facing a significant divide regarding a proposal by developer Peter Todd. This proposal suggests removing certain guardrails that prevent the blockchain from being used for storing arbitrary data, often referred to as 'spam'. The central issue revolves around the Op_Return function and its usage.
🛡 Todd argues that these guardrails are easily circumvented by various methods, such as direct submissions to miner mempools and forks of Bitcoin Core that do not enforce these limits. He points out that other protocols are already finding alternative ways to store data on the bitcoin chain.
⚠️ However, there is a strong opposition to this proposal. Jason Hughes, VP of Development and Engineering at Ocean Mining, warns that if this change is implemented, it could transform bitcoin into a worthless altcoin. He urges mining pools to reject these changes and consider abandoning Bitcoin Core if necessary.
📢 The situation has escalated to accusations of harassment, with Udi Wertheimer from Taproot Wizards criticizing Ocean Mining for targeting developers on Github. He stated that their marketing strategy involves pressuring young developers who are working hard for the community.
💪 Despite the turmoil, Antoine Poinsot from Chaincode Labs remains optimistic about bitcoin's resilience. He asserts that if changing the unconfirmed transaction relay policy could break bitcoin, it would not have been interesting in the first place.
🚀 Jack Mallers: Leading Strike and Twenty One Capital
📈 Jack Mallers, CEO and founder of Strike, recently revealed impressive growth numbers for his company. In a letter to investors, he announced that Strike achieved over $6 billion in payments volume and a staggering 600% year-over-year growth in 2024.
💼 At just 31 years old, Mallers has made a significant impact in the bitcoin industry. He started Strike’s parent company, Zap Solutions, in 2017 after being introduced to bitcoin by his father. After several iterations, the company rebranded to Strike in 2020. Strike became well-known for its role in making bitcoin legal tender in El Salvador, which elevated Mallers' status within the bitcoin community.
📊 Despite recent speculation about his commitment to Strike following his appointment as CEO of the new bitcoin treasury firm, Twenty One Capital, Mallers reassured investors of his dedication to Strike's success. He shared key financial metrics: 600% YoY growth, over $6 billion in payments volume, an 85% gross profit margin, and a 21% adjusted EBITDA margin.
Over the last five years, we’ve built Strike into one of the most profitable and fastest-growing companies in the world,
I will serve as co-founder and CEO of Twenty One while continuing to lead Strike. Let me be clear, this is not a shift in my commitment, it’s an extension of it.Читать полностью…
👉 The Evolving Landscape of Crypto: Has Its 'Magic' Faded?
🔍 Founders in the cryptocurrency space are questioning whether the 'magic of crypto' has diminished amidst the push for mainstream adoption. While some narratives, like bitcoin's portrayal as 'digital gold', have proven resilient, others are faltering as the industry matures.
💬 Rune Christensen, founder of Sky, expressed his views on social media, stating that
the wonky and deeply idiosyncratic crypto community has become more mainstream
cynicism and pessimism are at all-time highs
for crypto to survive it has to embrace being a security. Generate profits. Pay dividends. There’s no other way
being left with no users, no builders – only a bunch of intermediariesЧитать полностью…
🌍 Imminent Bitcoin Adoption by Nation-States, Says JAN3 CEO
🚀 Samson Mow, CEO of JAN3, believes that the adoption of bitcoin by nation-states is on the verge of happening, possibly even within this year. In a recent podcast, he challenged the idea that bitcoin adoption could take two to three decades, stating,
the timeline is rapidly accelerating.
It is just a matter of time before legislation turns into active buy pressure.
🌍 Binance Partners with Worldpay to Integrate Apple Pay and Google Pay
🚀 Binance has announced a partnership with Worldpay to integrate Apple Pay and Google Pay into its fiat-to-crypto ecosystem. This move aims to simplify the process for users to purchase cryptocurrencies using familiar payment methods.
💳 With this integration, users can now buy digital assets directly using cards linked to these popular wallets. This update enhances the onboarding experience for both desktop and mobile app users. It is part of Binance's larger strategy to improve fiat accessibility. In 2024, the exchange has already expanded support to over 125 currencies, added more than 1,000 payment methods, and launched services in over 20 new countries, including mobile money integrations in 9 African nations.
🌐 By enabling payments through widely used digital wallets, Binance aims to reduce barriers for new users, particularly in regions with limited banking infrastructure but high mobile adoption. Thomas Gregory, Binance's VP of Fiat, emphasized the importance of Worldpay's global payment leadership in this partnership. Together, they are working to make cryptocurrency more accessible and intuitive, helping to onboard the next wave of Web3 users through tools they already trust.
Seedizens, SEED Go’s launched, kicking off Web3 gaming in the real world. You can now farm $SLOVE - $3 to $30/day potential. Confused? Alex got you:
Getting Started is Simple:
✅ Get a SEED Mon: Need at least one - grab it from the marketplace if you’re Mon-less.
✅ Open the SEED App: Go to Discovery, find the nearest tree on the map, and send your Mons hunting.
✅ Earn $SLOVE: Use your NFT Mon and a bit of $SLOVE to stack more $SLOVE.
✅ Calculated Potential Earnings: Add your Mon stats into the dashboard.
Why earning $SLOVE is looking pretty sweet? Let’s do a quick math:
🔻Mon Price: 3 SUI (Common), 40 SUI (Rare)
🔻Team Setup: 8 Common + 1 Rare = 64 SUI (~$150).
🔻$SLOVE Price: ~$0.16.
🔻Earnings at Lv9: 114 $SLOVE/day = ~$18/day.
🔻Break-Even: ~14 days (with upgrades).
💡 Your strategy decides the bag - could be juicy profits! Alex is handing you this earning shot, don’t sleep on it, fam!
👉 Tokenized Warehouse Inaugurated in El Salvador
🌟 El Salvador is leading the way in utilizing tokenized instruments for business financing. The Cobodosa complex, developed by Burgo de Osma and MIO3, is the first successful example of this model in the country. Spanning 10 independent modules and costing $21 million, the complex was partially funded through tokenized sales.
Today we are not only inaugurating a first-class warehouse complex, but we are also witnessing the beginning of a new era for real estate investments in the country,
the adoption of digital assets has strengthened the confidence that investors and buyers have in the market.
$SLOVE is now listed on Cetus!
📄 Contract: 0x6dd439dee053557b3dd340287a4b81099b3e729cb48fbdae726dd2dff82736c3::slove::SLOVE
🔗 Pair: SLOVE/SUI
🌐 Accumulate $SLOVE to upgrade and breed your Mons here: https://www.dextools.io/app/en/sui/pair-explorer/0x7249180ebceeaa0700c4f4851507e8c357930bb06f3dba041b8816c39d88e625?t=1742903812728
🚨 Strategy Funding: Michael Saylor Raises $722 Million to Accelerate Bitcoin Bet 📢
Michael Saylor's Strategy funding raises $722M through Series A stock sale to expand Bitcoin holdings, bringing total to over 500,000 BTC.
👉 Read more
💰 Solv Protocol Secures $10M to Enhance Bitcoin Yield for Institutional Investors
🚀 Solv Protocol, a bitcoin staking platform, has secured $10 million through its "Bitcoin Reserve Offering" to capitalize on the increasing institutional demand for bitcoin (BTC). This move comes after the U.S. Securities and Exchange Commission (SEC) approved the first spot bitcoin exchange-traded funds (ETFs) in 2024, paving the way for greater institutional adoption.
When institutions put their bitcoin into our bitcoin reserve, we won’t let it be idle,
We use the BTC as a pledge to borrow stablecoins, and then we invest the stablecoins in all those other ways.
Crypto moves FAST! A single tweet from the right KOL can change everything in a heartbeat.
But what if you could track, analyze, and trade these insights instantly?
Introducing the NFA X Auto-Trading Bot – your AI-powered assistant that transforms tweets into real-time trade opportunities.
💎 Follow top KOLs automatically
💎 Get instant trade alerts
💎 Auto-Trade calls 24/7
💎 Customize your feed & track favorite influencers
💎 Never miss a call
Rumor has it, early adopters may be eligible for exclusive airdrop!
For the first time in your life, you can be early - @NFA_Club_bot
📱 X | 📱 Discord | 📱 TG Group | 📱🤖 TG Bot
No more waiting! Daily Secret Ticket Hunt is LIVE! 🛞
This is your golden chance to score the best SEED Mon Boxes with:
🛍 Discount Tickets – From 10% to 100% OFF on SEED Mon Boxes!
⚡️ Rarity Boosts – Increase your chances of getting rarer Mons with Basic, Super & Ultra boosts!
🎯 How to join: Spin the lucky wheel daily until 10:00 UTC, Mar 17 to claim your tickets! Miss a day, lose it forever! ⏳
⚠️ Important Ticket Notes:
🔹 Each ticket is unique and can only be used once.
🔹 Only the ticket owner can redeem it.
🔹 Tickets cannot be traded.
📖 Need more details? Check out our Gitbook: Daily Secret Ticket Hunt!
🎯 Let the hunt begin — may luck be on your side!
🌎 SEED Go | 👍 Discord | 👍 Twitter | 👍 Coinmarketcap
📈 Bitcoin's Surge: A Macro Perspective
📊 On Tuesday afternoon, bitcoin rose by 2.6% against the U.S. dollar, nearing the $105,000 mark. In contrast, several altcoins outperformed bitcoin: ETH increased by 8.5%, SOL by 5.9%, and DOGE by 4.8%. The overall crypto market also saw gains, rising 3.12% to reach $3.39 trillion.
🚀 Bitcoin's price climbed from $102.5K to a peak of $104,997 before facing resistance near $105,000. This increase was supported by Twenty One Capital's announcement of acquiring 4,812 BTC. Although ETH surged past $2,700 earlier in the day, it retraced slightly but maintained an 8.5% gain.
📉 Total trading volume in the digital asset sector was $144.79 billion, down 18.56% from Monday. While ETH, SOL, and DOGE showed solid gains, some altcoins stood out: Ethena’s ENA rose by 14.4%, KAS by 12.44%, and SPX by 11.79%. As of May 13, the altcoin market is valued at $1.311 trillion.
💬 This week, Bitfinex analysts noted that optimism about the Federal Reserve and reduced concerns over U.S. tariffs have boosted investor sentiment towards bitcoin. They stated,
Recent developments such as the Federal Reserveʼs positive comments on the rate trajectory and evolving clarity around the U.S. tariff situation has allowed confidence to return to the markets and in particular, reignite bullish momentum in bitcoin.
Bitcoinʼs decisive move underscores its growing role as a macro-sensitive asset with asymmetric upside potential. The move past $100,000 not only confirms the strength of the recovery but may also set the stage for a renewed push toward fresh all-time highs.Читать полностью…
📈 Bitcoin Surges Following Fed's Rate Decision
📊 Bitcoin's price increased by 2% after the U.S. Federal Reserve opted to maintain its policy rate between 4.25% and 4.5% due to concerns over high inflation levels. This decision also positively impacted the crypto market, which rose by 0.95%, reaching a total market capitalization of $2.98 trillion. Traditional market indices such as the S&P 500, Nasdaq, and Dow Jones Industrial Average also saw gains of 0.43%, 0.27%, and 0.70% respectively.
🗣 Economists anticipated the Fed's decision, especially after U.S. President Donald Trump publicly criticized Fed Chairman Jerome Powell for not cutting rates. Despite Trump's threats to fire Powell, which many consider unconstitutional, Powell chose to keep rates unchanged. Pauline Shangett, chief marketing officer at crypto exchange Changenow, remarked,
With the Fed hitting pause, it’s clear there’s no quick fix for the economy, and that uncertainty is likely to stick around.
🇺🇸 Donald Trump Again Urges The Fed To Lower Rates Ahead FOMC Meeting 🏛
👉 Read more
💰 Standard Chartered Predicts Bitcoin Will Reach $200K by 2025
📈 Standard Chartered, a London-based bank, has made bold predictions about the future of Bitcoin in a recent research report. They forecast that Bitcoin will hit an all-time high of $120,000 by summer 2025, followed by a staggering $200,000 by the end of December 2025.
🔍 Geoffrey Kendrick, head of digital assets research at Standard Chartered, is particularly confident about this prediction. He stated,
We expect these supportive factors to push BTC to a fresh all-time high around USD 120,000 in Q2. We see gains continuing through the summer, taking BTC-USD towards our year-end forecast of 200,000.
💰 DeFi Development Corporation Expands Solana Holdings
📈 DeFi Development Corporation, formerly known as Janover, has made a significant move by acquiring 88,164 Solana (SOL) tokens for approximately $11.5 million. This purchase increases the company's total SOL holdings to 251,842 tokens, valued at around $34.4 million, including staking rewards.
📊 As of April 22, 2025, the company reports a Solana per share (SPS) of 0.17, worth $23.47 per share, which shows a 62% growth since the last acquisition. The newly acquired SOL will be staked immediately to generate yield and enhance the security of the Solana network.
📝 This transaction is part of DeFi Development Corporation's strategy following a recent $42 million financing round. It aligns with the company's treasury policy approved on April 4, 2025, which emphasizes the long-term accumulation of crypto assets, starting with Solana.
🔗 Additionally, the corporation plans to operate one or more Solana validators to further engage with the network and reinvest staking rewards.
📉 Coinbase Research Report: A New Crypto Winter Ahead?
📉 A recent Coinbase Research report suggests that the 41% drop in cryptocurrency market capitalization (excluding bitcoin) from its December 2024 peak to mid-April 2025 may indicate the onset of a new crypto winter. The report highlights that this decline brings the market capitalization down to $950 billion, which is 17% lower than the same period last year and even lower than the August 2021 to April 2022 period.
👉 Additionally, venture capital funding in crypto has decreased by 50% to 60% from the peak levels of the 2021-22 cycle. This reduction in funding affects the capital available for the cryptocurrency ecosystem. The report attributes this decline to decision-makers' struggles in assessing the direction of the global economy.
➡️ The report states,
All of these structural pressures stem from the uncertainty of the broader macro environment, where traditional risk assets have faced sustained headwinds from fiscal tightening and tariff policies, contributing to the paralysis in investment decision making.
Thus, we think this warrants taking a defensive stance on risk for the time being, though we still believe that crypto prices may be able to find their floor in mid-to-late 2Q25 – setting up a better 3Q25. For now, the challenges of the current macro environment require greater caution.Читать полностью…
👉 Senator Schiff Investigates Insider Trading Allegations
🔍 Senator Adam Schiff from California has announced an investigation into insider trading allegations following President Donald Trump's announcement of a pause in the reciprocal tariff policy. Schiff expressed concerns that individuals connected to the White House may have exploited this information for personal gain, potentially earning millions as the stock market surged.
📩 In a statement, Schiff emphasized the need for transparency in light of the administration's corruption:
In any administration this corrupt, it is more than necessary to ask: Were people profiting from insider information while people’s savings, their retirement accounts, were being torched?
With Trump’s position changing every single hour, gives ample opportunity for any individual who has early access to information about the White House’s change in position to make boatloads of money.
It’s time to ban insider trading in Congress.
🚀 Ethereum's Performance: A Focus on Foundational Development
📉 Ethereum (ETH) has struggled in comparison to Bitcoin (BTC) and the wider cryptocurrency market since the beginning of 2025. Starting the year above $3,300, ETH fell to a low of $1,805.40 by April 4, 2025, while BTC surged from under $69,000 in November 2024 to over $109,000 in January 2025. This performance gap has frustrated ETH holders who anticipated better results.
➡️ Despite this, some experts remain optimistic about ETH's long-term potential. Predictions suggest it could reach $5,000 by the end of 2025 and possibly exceed $10,000 soon after. Ongoing upgrades to the ecosystem, such as the upcoming Pectra upgrade, are seen as catalysts for a potential rebound.
🗣 Alex Loktev, CRO at P2P, acknowledges the frustration but attributes it to Ethereum's commitment to foundational development over hype. He emphasizes that Ethereum's transition to Proof-of-Stake (PoS), the implementation of EIP-1559, and the expansion of its Layer-2 ecosystem are vital for long-term stability.
📌 Regarding the Pectra upgrade, Loktev believes it will enhance staking safety and operational efficiency. He states,
Slashing penalties dropping by up to 128x makes staking dramatically safer.
Running 64 validators instead of one means 64 times the infrastructure complexity,
🟥 AUSTRAC Raises Concerns Over Crypto ATM Providers' Compliance
⚠️ AUSTRAC, Australia's financial services watchdog, has expressed concerns regarding the anti-money laundering (AML) and counter-terrorism financing (CTF) measures of some crypto ATM providers. The agency's CEO, Brendan Thomas, stated that a task force has identified "worrying trends and indicators of suspicious activity," including fraudulent transactions.
📈 In a statement on March 31, AUSTRAC highlighted the need for increased scrutiny due to the rapid growth of crypto ATMs in Australia, which are projected to rise from 23 in 2019 to 1,600 by 2025. Most of these new ATMs are being installed by digital asset exchanges and primarily facilitate cash deposits for purchasing bitcoin.
We want to ensure crypto ATM providers have robust practices to minimize the risk that their machines can be used to launder dirty money or to scam and defraud innocent people,
➡️ MEXC Uncovers and Liquidates Market Manipulators
🔍 Cryptocurrency exchange MEXC recently announced the liquidation of a large-scale group of market manipulators involved in self-trading, spoofing, layering, front-running, and quote stuffing. The operation affected 44 users from Vietnam and 138 from CIS countries, leading to the freezing of 168 Vietnamese accounts and over 1,500 CIS accounts.
📈 In a March 25 blog post, MEXC expressed concern over the involvement of large groups and institutional-level actors in these manipulations. The exchange reported a 60% increase in coordinated malicious trading activities from January to February this year.
⚠️ This revelation follows a Kaiko Research report that highlighted how rising incidents of market manipulation in decentralized finance (DeFi) are driving away institutional investors. These incidents may attract regulatory scrutiny, potentially leading to rules that could harm the DeFi ecosystem.
📊 MEXC noted that market manipulators are using institutional-level access to liquidity and infrastructure to execute large-scale schemes, introducing new risks. The exchange stated,
We are witnessing the transformation of manipulations from the retail to the group and even quasi-institutional level, which carries systemic risks for both individual exchanges and the market infrastructure as a whole.
⚠️ Beware of Scam: Fake Arrest Warrants for Missed Jury Duty
🚨 The U.S. District Court of the Western District of Virginia has issued a warning about a fraudulent scheme involving counterfeit arrest warrants related to missed jury duty. This scam uses forged documents that mimic official court forms and falsely claim to be from the Eastern District of Virginia.
“Please be advised that the United States district courts do not issue arrest warrants for failing to appear for jury duty unless you actually have been summoned for jury duty and fail to appear,”
If you receive an arrest warrant or other document purportedly from the United States district courts that demands money, particularly bitcoin and gift cards with payment by phone, please contact the United States District Court for the Western District of Virginia to confirm its legitimacy.
SEED MON NFT is now on sale! 🎮
Due to massive demand from community, SEED is thrilled to drop:
🎁 290,000 Mon Blind Boxes
⏰ 7 AM UTC, Mar 20.
👉 HERE'S HOW TO BUY
🟢 NFT Boxes and NFT Mons are able to withdraw and tradeable on NFT Marketplace - tradeport.xyz.
🟢 Real Earning - $SLOVE, $SEED and some hidden gems.
🐧 You can explore the earning potential here
🌍 Hive Digital's Ambitious Expansion Plans in Paraguay
🚀 Hive Digital, a leading public bitcoin miner, plans to increase its operational capacity by over 400% in Paraguay, leveraging the country's abundant hydroelectric energy. Frank Holmes, the company's Executive Chairman, announced these ambitious plans during The Street’s Roundtable.
💬 Holmes emphasized the significance of Paraguay for Hive Digital's growth, stating,
We’re going to go up above 400%. You got to think that we’re going to be having triplets over the next nine months as we build out Paraguay, which has a huge surplus of hydroelectricity.
We’re actually a great engine for the government because they’re going to get paid U.S. dollars every month for that electricity, and we help build out the infrastructure within the community,
👉 Bolivia Embraces Cryptocurrency for Fuel Imports Amid Dollar Shortage
✅ Bolivia has implemented a cryptocurrency-based system for paying fuel imports through its state-owned company YPFB, due to a shortage of dollars and declining foreign reserves. YPFB, the largest energy company in the country, is prepared to use cryptocurrency payments to secure fuel and energy imports.
💱 The company has developed a system to account for crypto payments amidst the ongoing scarcity of dollars. A YPFB spokesperson stated that this system supports the national subsidy policy for fuel purchases, saying,
From now on, these (cryptocurrency) transactions will be carried out.
as if one were trading in North American currency, although what one is doing are operations with these digital assets.
💳 Bitcoin as Payment for Trump's Gold Card Proposal
💬 David Bailey, CEO of BTC Inc., suggested that bitcoin could be used to pay for the proposed "gold card" initiative by the Trump administration. This card would allow wealthy individuals to gain U.S. residency without utilizing taxpayer funds, thereby contributing to the country's strategic Bitcoin reserve.
💡 The official establishment of a strategic bitcoin reserve (SBR) in the U.S. has opened up various avenues for expansion without burdening taxpayers. Bailey, who attended the recent Trump crypto summit, proposed that the gold card—which would enable affluent foreigners to secure their place in the U.S.—could be purchased with bitcoin.
Many elites in emerging markets want to live in the U.S. but struggle to move $5M in USD out of their home countries. Bitcoin offers a simpler, safer, and more discreet solution,
We’re going to be putting a price on that card of about $5 million and that’s going to give you green card privileges.
I know some Russian oligarchs that are very nice people.