Prev memecoin trader on Solana & NFT trader on Solanart Researching and trading Crypto and onchain 2023 Plumber of the Year 🎖️
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Bought more BTC.
If you’re not bidding here, in the face of every possible black swan fear brewing across the market, when are you buying?
Up or down short term my time horizon is years, a year from now BTC will be much higher
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Azebracake retweeted
Elon I have a lot of respect for you but I own four Tesla shares and I will be forced to sell them if you don’t stop making fun of webthree
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A lot of late shorts piled in at/under 80k, net 10k btc in new short positions. They are about to get squeezed
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Thank you CZ my family will be able to eat dinner tonight thanks to your reassurance of users funds
User funds are safe!
It does look like a hack on Binance. Appreciate the quick freeze from Tether (~$971m) and Circle (~$823m).
I don't manage Binance (.com) anymore, but as a shareholder, I expect all user funds will be fully covered.
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Azebracake retweeted
Unconfirmed, but possibly massive binance hack. Entire Binance wallet drained into new EOA. Contract call was funded by Tornado Cash
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Azebracake retweeted
INTEL: Bessent says crypto can be America's next tool for keeping the US dollar on top
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Azebracake retweeted
It’s a bit brutal but BTC is probably going to be the big winner of the AI revolution. I don’t think it will suffer any hacks, the scripting language formal verification is very advanced and work in formalizing the protocol too. Nodes running on different hardware make it very robust against hardware vulnerabilities, and their sources are probably one of the most audited code in the world. Combine that with self sovereignty which protects against political backslash from K shaped economy and acceleration of margins flowing to capital, I don’t see much else. To be honest this is my macro view but it’s a pretty grim one.
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Shorts started piling in under 82.5k, we are stuck between 80 and 88k for the next 2 years thanks for playing
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When Chris comes out of hibernation and bullposts one of my biggest bags
If you haven't noticed, @Backpack has been crushing. It's a CEX that runs like a blockchain, allowing for real time proof of reserves, as well as a nativity and fluidity between the TradFi and onchain worlds that's unmatched. Advantage appears small now, but will compound. Stats:
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Backpack, the Engine for Internet Capital Markets and Tokenization.
frictionless.capital/article…
A thesis piece on how the United States is in the process of exporting its capital markets in the same way the dollar was tokenized with stablecoins and distributed over the Internet.
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Azebracake retweeted
JUST IN: 🇺🇸 CFTC announces the agency is establishing "clear" crypto market structure rules.
"It's GO TIME"
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Azebracake retweeted
yeah so basically trump got cocky after succeeding with venezuela and had a hot hand and decided to double down and strike iran in february thinking they could take over the country in a couple of weeks despite everyone telling him it was a bad idea and would drag on
nothing really happened and then Iran learned that they can actually close the strait of hormuz and were unsure if it would even work but now its become obvious they can do it and feel empowered. the iranians have a longer history as a culture and are slow walking trump as much as possible as they know that higher oil prices are going to ruin his odds in the midterms and weaken him
not only that but now higher energy prices are putting upward pressure on inflation and bond yields which has made the job of his new fed chair warsh who came in under a premise of potential rate cute but because of the iran war were entering a rate hiking cycle
the only person in the room who was trying to juggle all of this was scott bessent but after trying to juggle everything for so long he decided he was going to try and fight the bond vigilantes to lower bond yields and declared himself as the house. but he showed up to the bond fight with hardly any ammunition and now the bond market is calling his bluff and now the bond auctions are going terrible and he looks like a fool now
so now bond yields are surging export bans on diesel are being put in place as an act of desparation midterms are a total write off and the trump admin is about to spend the next two years probably fighting impeachment hearings while things continue to detoriorate and the funny thing about all of this is he won the presidency off the idea of no more foreign wars but its his own foreign war with iran that started this whole mess and now the free market is testing them all
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What does the 10yr going vertical mean for my second derivative launchpads on Jeremy’s Arc Blockchain
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Azebracake retweeted
June 25. BTC at $58K.
The signs were already there.
Alex 👽
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FYI @rainnen23 got phished and isn't in control of his account atm (he reached out on personal channels)
be careful and pls share
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