Forwarded from Watcher Guru
Forwarded from Wu Blockchain News
ETF analyst James Seyffart: This does not mean GBTC is automatically converting into an ETF, but it certainly brings things one step closer. SEC has to issue another order with a deadline of 45 days or 60 days. As far as appeals go, the SEC has 45 days to file for an en banc hearing. — link
Forwarded from Investing Beanstock
vxTwitter
Adam Cochran (adamscochran.eth) (@adamscochran)
1/2
The full decision is a slaughterfest of the SEC arguments, and requires a full review of Grayscale's application.
SEC options from here on out are:
1. Delay decision and come up with new fake reason
2. Concede and approve
3. Request en banc appeal…
The full decision is a slaughterfest of the SEC arguments, and requires a full review of Grayscale's application.
SEC options from here on out are:
1. Delay decision and come up with new fake reason
2. Concede and approve
3. Request en banc appeal…
hate to be a party pooper but objectively i still think we chop in current conditions
and yes i’m v happy w this win 🤠🤠 (i will forever be a crypto bull)
all pumps are unsustainable in these conditions of low liquidity
unless proven wrong
1) reclaim 30.5k or in fact reclaim 29.5k
2) inflow of total mcap/stablecoin mcap
will watch how price continues playing out and might enter some shorts
this is no territory to be entering longs anymore because the r/r has left the station
if unsure, best position is to remain flat and buy dips
and yes i’m v happy w this win 🤠🤠 (i will forever be a crypto bull)
all pumps are unsustainable in these conditions of low liquidity
unless proven wrong
1) reclaim 30.5k or in fact reclaim 29.5k
2) inflow of total mcap/stablecoin mcap
will watch how price continues playing out and might enter some shorts
this is no territory to be entering longs anymore because the r/r has left the station
if unsure, best position is to remain flat and buy dips
👍3
Forwarded from Investing Beanstock
How things could play out next 👇
https://vxtwitter.com/jseyff/status/1696545239136149545?s=46&t=US8hdKu5FCAqApEd0gFyVQ
https://vxtwitter.com/jseyff/status/1696545239136149545?s=46&t=US8hdKu5FCAqApEd0gFyVQ
vxTwitter / fixvx
James Seyffart (@JSeyff)
I've read through and digested a bit. This is a complete and utter rebuke of all the SEC's spot Bitcoin ETF denial orders. There is no wiggle room -- basically all of the SEC's arguments are shot down here. But the decisions is going back to the SEC. What…
With EIP4844 down the line, which is a better bet: OP or Arb?
https://research.mintventures.fund/2023/08/13/zh-op-vs-arb-which-is-the-better-inverstment-target-for-cancun-upgrade/#13_ARB_VS_OP
https://research.mintventures.fund/2023/08/13/zh-op-vs-arb-which-is-the-better-inverstment-target-for-cancun-upgrade/#13_ARB_VS_OP
Crypto Mumbles
https://twitter.com/0xMantle/status/1696519276172292259?s=20
www.mantle.xyz
Mantle Network | Building the Liquidity Chain of the Future
Mantle Network aims to be the "Liquidity Chain" to drive capital efficiency in the on-chain economy through modular architecture, data availability solutions, and zero-knowledge proofs.
#reads Intents, Anoma
https://members.delphidigital.io/reports/wtf-is-anoma-part-1-wtf-are-intents/#intents-arent-just-limit-orders-b9cb
https://members.delphidigital.io/reports/wtf-is-anoma-part-1-wtf-are-intents/#intents-arent-just-limit-orders-b9cb
Delphi Digital
WTF Is Anoma? Part 1: WTF Are Intents? - Delphi Digital
What is Anoma? This is a surprisingly hard question to answer. Anoma is not a blockchain. Or, more accurately, not just a blockchain. Anoma is an architecture.
Forwarded from CryptoQuant
The recent BTC rally was driven by Derivatives Exchanges, not Spot Exchanges
"There is a tendency for prices to change significantly even with small trading volumes because the overall liquidity in the cryptocurrency market has decreased."
― Link
by MAC_D | @cryptoquant_official
"There is a tendency for prices to change significantly even with small trading volumes because the overall liquidity in the cryptocurrency market has decreased."
― Link
by MAC_D | @cryptoquant_official
"The markets discount growth in the short run and overvalue possibilities in the long run. This is why inefficient markets exist. The only way to get around it is to be a cynical optimist.
Why cynical? Because markets are also machines that transfer money from the impatient to the patient. Rushing to own a piece of every business could burn your hands, as many VC investors (including myself) learned in the past cycle. The only way to filter is through patient observation and understanding the possibilities a product can enable before the market prices it.
Blockchains are currently in their ‘discount’ phase, which partly makes them the opportunity of a lifetime in disguise."
https://twitter.com/Arthur_0x/status/1696793357090213942?s=20
Why cynical? Because markets are also machines that transfer money from the impatient to the patient. Rushing to own a piece of every business could burn your hands, as many VC investors (including myself) learned in the past cycle. The only way to filter is through patient observation and understanding the possibilities a product can enable before the market prices it.
Blockchains are currently in their ‘discount’ phase, which partly makes them the opportunity of a lifetime in disguise."
https://twitter.com/Arthur_0x/status/1696793357090213942?s=20
X (formerly Twitter)
Arthur on X
The markets discount growth in the short run and overvalue possibilities in the long run. This is why inefficient markets exist. The only way to get around it is to be a cynical optimist.
Why cynical? Because markets are also machines that transfer money…
Why cynical? Because markets are also machines that transfer money…