Crypto Mumbles
https://x.com/izebel_eth/status/1963122471479193801
i remember reading a post somewhere saying
buy a few sealed booster packs and do nothing for a few years
outperform
buy a few sealed booster packs and do nothing for a few years
outperform
PMs to football to TCG within a month
we're speedrunning metas quickly until something sticks
if you're playing it tight, then its better to wait things out to see if they truly do
we're speedrunning metas quickly until something sticks
if you're playing it tight, then its better to wait things out to see if they truly do
👍7
Forwarded from infinityhedge
*US 30-YEAR YIELD RISES TO 5%, FIRST TIME SINCE JULY 15
Crypto Mumbles
https://x.com/SolJakey/status/1962954551008571744
don't think this is sustainable at all
in the short term, it probably attracts more streamers to onboard
as the pool of streamers dilute, so will the rewards
earning 5 figs for having 10-30 streamers is insane
in the short term, it probably attracts more streamers to onboard
as the pool of streamers dilute, so will the rewards
earning 5 figs for having 10-30 streamers is insane
👍1
Crypto Mumbles
don't think this is sustainable at all in the short term, it probably attracts more streamers to onboard as the pool of streamers dilute, so will the rewards earning 5 figs for having 10-30 streamers is insane
short term metrics will look good, then ct will annualize it to make it sound even better
tldr; short term up
tldr; short term up
😁5
Forwarded from Walter Bloomberg
🤨1
Forwarded from Wu Blockchain News
Galaxy Digital has launched a plan to tokenize its SEC-registered GLXY shares on a major blockchain. Starting today, shareholders can convert their shares into onchain tokens via Superstate’s Opening Bell platform. The tokens are available to KYC-approved investors and may trade in the future via AMMs and other DeFi platforms. Opening Bell, launched by Superstate in May, brings SEC-registered equities onchain, starting with Solana. — link
Forwarded from Watcher Guru
JUST IN: 🇺🇸 Fed Governor Waller says he favors 'multiple' interest rate cuts in the coming months.
@WatcherGuru
@WatcherGuru
Crypto Mumbles
https://fxtwitter.com/lazyvillager1/status/1963225328618274975
Zero. That is the chance you get an “unwind.” These vehicles can run to 0.1x mNAV and there is nothing shareholders can do anything about it. At a significant enough discount a competing business can offer to buy the treasury out. In fact the very LPs that contributed to the PIPE may do that. You could get a big sell off in the actual equities themselves. But that contagion doesn’t necessarily spread to the underlying assets bc there is no forced estate sale from a liability management POV.
The more realistic scenario is that these vehicles just stop doing anything, and equity is held captive like a GBTC situation