banking crisis is not over
probably the reason why btc pumped
https://watcher.guru/news/first-republic-bank-trading-halted-due-to-volatility-as-price-continues-to-fall?utm_source=TelegramNews&utm_medium=TelegramNews&utm_campaign=TelegramNews
probably the reason why btc pumped
https://watcher.guru/news/first-republic-bank-trading-halted-due-to-volatility-as-price-continues-to-fall?utm_source=TelegramNews&utm_medium=TelegramNews&utm_campaign=TelegramNews
Watcher Guru
First Republic Bank Trading Halted Due to Volatility As Price Continues to Fall
First Republic Bank saw its trading halted due to volatility as prices continued to plummet, falling 94% on the year
proto-danksharding narrative
to trade this narrative, look towards eth L2s that utilize rollups
https://twitter.com/ThorHartvigsen/status/1651222915822632961?s=20
to trade this narrative, look towards eth L2s that utilize rollups
https://twitter.com/ThorHartvigsen/status/1651222915822632961?s=20
tldr; building wealth is easy, but keeping it is hard
1. secure basic necessities like food and rent
2. maintain 70% of gains to continue compounding
3. diversify real world income
4. increase wealth security before taking additional risks
https://twitter.com/DigitsCapital/status/1651617275148107776?s=20
1. secure basic necessities like food and rent
2. maintain 70% of gains to continue compounding
3. diversify real world income
4. increase wealth security before taking additional risks
https://twitter.com/DigitsCapital/status/1651617275148107776?s=20
X (formerly Twitter)
Digits Capital (@DigitsCapital) on X
This trader who traded with me in a private alpha group had managed to trade 10K into $1.2mm in the bull market and really set himself up.
Fast forward: It's all gone for him now, and he's selling his house.
How I did things diffently so this wouldn't happen…
Fast forward: It's all gone for him now, and he's selling his house.
How I did things diffently so this wouldn't happen…
Circle launched its cross-chain transfer protocol (CCTP) which will likely monopolise USDC bridging
not good for cross-chain bridges
https://twitter.com/WinterSoldierxz/status/1651536390642073602?s=20
not good for cross-chain bridges
https://twitter.com/WinterSoldierxz/status/1651536390642073602?s=20
Twitter
Today @Circle has launched its cross-chain transfer protocol (CCTP).
This will set new standards in pricing power and bridging monopoly for $USDC, which could be a 𝙙𝙤𝙤𝙢𝙨𝙙𝙖𝙮 for cross-chain bridges 🤯
A quick 🧵 on how CCTP works & its implications
This will set new standards in pricing power and bridging monopoly for $USDC, which could be a 𝙙𝙤𝙤𝙢𝙨𝙙𝙖𝙮 for cross-chain bridges 🤯
A quick 🧵 on how CCTP works & its implications
for those scalp traders, good to refer OI and liquidations as such here
#tips
https://twitter.com/EmperorBTC/status/1651600659618168833?s=20
#tips
https://twitter.com/EmperorBTC/status/1651600659618168833?s=20
X (formerly Twitter)
Emperor👑 (@EmperorBTC) on X
Masterclass on Liquidations
A THREAD 🔥
Data about trigger levels can add confluence of High probability entries.
Understand Liquidation and use it for Better entries.
A Thread.
A THREAD 🔥
Data about trigger levels can add confluence of High probability entries.
Understand Liquidation and use it for Better entries.
A Thread.
almost a year of db accumulation in a range on $LINK
usually such accumulations result in strong breakouts with high price targets
eg. LINK 2019-2020 (378 days), ETH 2018-2020 (721 days)
LINK also maintains a strong position in the market as an oracle that is widely used in many projects
worth a small bag imo
usually such accumulations result in strong breakouts with high price targets
eg. LINK 2019-2020 (378 days), ETH 2018-2020 (721 days)
LINK also maintains a strong position in the market as an oracle that is widely used in many projects
worth a small bag imo
idrk what’s going on w $PEPE but seems like a market peak to me
anyw happy labour day all! :-)
anyw happy labour day all! :-)
👍1
with the transparency that crypto brings, it also brings volatility as traders tend to track and follow whales
"The perception of actions by large holders can also have a consequential impact on Bitcoin’s value."
then again, there are smart whales and dumb whales
follow carefully!
https://www.theblock.co/post/229014
"The perception of actions by large holders can also have a consequential impact on Bitcoin’s value."
then again, there are smart whales and dumb whales
follow carefully!
https://www.theblock.co/post/229014
The Block
Crypto prices could still rise, even if the Fed hikes rates, Grayscale says
Grayscale says there are several takeaways to keep in mind after a volatile month of bitcoin trading.
GMX is approaching my ideal buy zone here (purple box)
confluence of price support + sloping support trendline from the ascending channel
of course, with the breakdown of the ascending channel we'll likely see further bloodshed
regardless, might still be a decent long term hold esp if you stake your GMX for yields in ETH
_______________
GMX was the perp dex play of 2022 and I believe it has established itself well to maintain its position or go for another run in 2023 (or the next bull cycle)
why?
1. built on arb which is undeniably the best L2 rn w highest TVL
2. sound incentivised staking model backed with market confidence and understanding
3. well positioned among competitors in different metrics (fees, TVL, users, etc.)
4. steady rising adoption
5. sound tokenomics and token utility of $GMX
not FA
*would love to see some reaction upon reaching the zone or trendline
confluence of price support + sloping support trendline from the ascending channel
of course, with the breakdown of the ascending channel we'll likely see further bloodshed
regardless, might still be a decent long term hold esp if you stake your GMX for yields in ETH
_______________
GMX was the perp dex play of 2022 and I believe it has established itself well to maintain its position or go for another run in 2023 (or the next bull cycle)
why?
1. built on arb which is undeniably the best L2 rn w highest TVL
2. sound incentivised staking model backed with market confidence and understanding
3. well positioned among competitors in different metrics (fees, TVL, users, etc.)
4. steady rising adoption
5. sound tokenomics and token utility of $GMX
not FA
*would love to see some reaction upon reaching the zone or trendline
"Due to the US debt ceiling debacle, no banks can get "bailed out" by the govt. This is the perfect point of political paralysis to capitalise on another probably several non-TBTF banks getting deaded by the FDIC."
TBTF - too big to fail
#reads
https://twitter.com/CryptoHayes/status/1653175131123126272?s=20
TBTF - too big to fail
#reads
https://twitter.com/CryptoHayes/status/1653175131123126272?s=20
Twitter
1/
A longer essay coming soon on my take. This $JPM / $FRC deal means the US regulators decided to nationalise the banking system.
A longer essay coming soon on my take. This $JPM / $FRC deal means the US regulators decided to nationalise the banking system.