Introducing the fastest crosschain swaps on the market. Crosschain transactions on @fomo now land in <1s. A week ago, we rolled out our own internal bridge to a small % of users. Public rollout of fomo bridge begins now.

In the last few weeks we have had: - Iran US escalation - Black Monday - Internet imploding - Cryptography broken by AI - AI bubble bursting - Inflation resurgence - Fed rate hikes - Oil price shock - Bond market sell off - Mass liquidation - Semiconductor crash - Quantum computing threat Meanwhile $BTC is trading ~5% from local highs. Makes you think

What an exhausting 8 months this has been

I haven't been bullish on BTC in years but honestly if they are printing gold using mercury, it's pretty damn bullish for BTC lol

Doomers shook you out again?

JUST IN: 🇦🇪 Robinhood $HOOD officially receives approval from Dubai to launch crypto trading in the Middle East.

Living in a state is a choice and if a state decides to try to fuck over a certain part of the population, that part of the population will simply move to another state Incredible that people fail to understand how this will go

Doomers are preparing for an internet lockdown Send everything higher

The bear case on $LIT was that Robinhood picked Bitstamp over Lighter for US perps @Lighter_xyz responded by announcing it plans to file for its own CFTC derivatives license in November, aiming to be the first CFTC-approved on-chain perp DEX @citrini gave it a 10% weight in their portfolio. I was late getting into position on $LIT, but I still beat them to it. Let's unpack the bear FUD first. At @RobinhoodApp's Sept 29th summit, it said US perps would run through Bitstamp, and LIT fell 14-20% I, personally, lost several trillion imaginary dollars in the great nothing-burger panic that day. Then came Lighter's Q3 gigachad investor call on Oct 21st. The team said it plans to submit the application in November. The CFTC should respond within 180 days. When I had Lighter's Head of Growth, Trevor King @trevor_flipper on @MilkRoadDaily in September, he told me the team was "spending a lot of time with the CFTC trying to get US licensing." Founder Vladimir Novakovski says the team has been talking with regulators for about 11 months. (Translation: they've hashed things out) LIT jumped about 19% after the investor call, to $3.94 I, personally, made several trillion imaginary dollars that day of days. The license matters because of how Lighter makes money. Retail trades for ZERO fees, and Lighter earns from premium tiers sold to market makers and API traders King's pitch: "Zero fees makes us a really good dance partner because we can share economics really well." A US license lets Lighter pitch that to US brokers directly Robinhood already took the deal outside the US. Lighter runs the perps in Robinhood's wallet on a 50/50 revenue split Lighter buys $LIT with that revenue and burns it: 15.64M on Jul 10 and 2.45M on Oct 11, over 7% of circulating supply Across both instances, Lighter now carries about $1.6B of open interest and did about $2.9B of volume in the last 24 hours (from whenever I last checked before writing all this at two in the morning) The product keeps shipping too, and this, to me, is the huge thing everyone is overlooking. Lighter isn't going after just perps. They are coming for every trading market they can reach. - BTC and ETH binary options went live this week (prediction markets) - Lighter Core passed 1M accounts - King told me a full options suite is coming by the end of the year - all your trade are belong to us Alright, now a dose of reality. They still don't have the actual license yet, and King told me the CFTC gets a 180-day window to answer an application. So it could be a bit. The team and investor cliff also ends Dec 27 per Tokenomist, and @m0xt_ estimates about $50M of tokens a month could unlock from January against about $3M a month of buybacks Lighter's Founder and CEO @vnovakovski addressed these concerns in the Q3 gigachad investor call as well, but the concerns remain for the time being. Supply of LIT and demand for all of its products are going to battle it out on the charts for a while, perhaps, but ultimately, this market is huge, and Lighter is extremely well positioned. They have an amazing team, bold strategy, and proven results. I think it's pretty $LIT CoinGecko lists Lighter's Robinhood Chain instance alone at about $421M of open interest. I am also openly interested. Disclosure: I hold $LIT in my Milk Road PRO portfolio. We were early to $UNI (+54.8%), $AERO (+93.7%), and $SOL (+39.1%) Try Milk Road PRO for $1 for 7 days, link in bio: @BitcoinJesusETH

personally just feel like there's a lot of sensationalism and bs in a lot of these headlines gotta be careful what u read these days

AI that can hack the internet can also fix it. Short term, attackers get a head start since patching is slow. Long term, AI-audited code makes software way harder to break. Hardening era, not destroyed era.

Oh no! What will we do without their low float, high FDV scam dumping on retail??? Good riddance. Mega bullish

-2.5% "Black Thursday" Lmao. Dooming is at ATH

The largest remaining fud for ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2 is the looming unlocks Vlad very clearly explains they are a non issue as - There is no cliff. Most tokens get a huge 25% unlock on the 1st anniversary but LIT doesn't - The unlocks are actually end of January not end of December as many thought - They've spoken to the cap table and the majority are very long term investors that don't plan to sell - For the small minority that want to sell, they already have large partners that want to allocate to LIT but can't because the current market isn't liquid enough. These large partners can simply buy out the vests from those that want to sell Very good call, this was what we were looking for outside of the robinhood partnership and regulation stuff note: dcf cap holds @Lighter_xyz

this lifestyle is 100% fake btw you cant afford to fly private regularly with a networth of $40 million i know people in crypto with verified on chain networths above $100 million that dont fly private i have several friends on the pga tour with lifetime public earnings above $50 million and they dont fly wheels up i dont even care to add up all the other purchases larping faggot

Monday was black monday Today is internet d-day I'm sure tomorrow is some other doomer bullshit Nothing will happen. Markets keep going up, you remain sidelined gg