a Mark Cuban owned Instagram account w/ 1.7m followers is promoting a shadowy cabal of scammy copy pasta NFT projects without proper disclosures, thus taking serious advantage of the less informed
a thread 🧵
1/ I want to give some perspective on the economics of #Chainlink services, both in their existing form today and how it will evolve into the future
This includes many nuances regarding user fees, cost-efficiency, network subsidies, economies of scale, and sustainability
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$LINK speculative breakout of a symmetrical triangle that has been in the works since spring '21. Chainlink has struggled with the $33.77 price range before. A breakthrough at this level could mean new ATH's for LINK.
$LINK One hour away from putting in a higher high on the short term time frame. A close over $2.37 confirms a macro low, rallies to $28-$29 inbound. ⚡️⚡️
Shout out @0xNader_eth for pointing out the $LINK $BTC chart. Breaking out of a massive descending triangle that has been forming since August '20. Currently facing strong resistance at the 200 day EMA, if $LINK breaks through there is a clear path to the .0012 BTC level.
#LINK
1/ This crazy year is almost over and so it’s time to do a little retrospective. This 150-page report is full of charts, timelines, infographics, maps, etc. It’s the work of 30 research analysts we now have at The Block. Let’s dive in:
Download here: https://t.co/qe0QGDkGn2
Just published a progress update on CCIP read, ENS and Chainlink's solution to resolving ENS domains (and much more) offchain, including on L2s.
Most significantly, the tooling is getting to the point where it's ready for developers to try it themselves!
https://t.co/yVT5n1rOZV
Why does everything feel like the world is falling apart, yet the stock market has looked like this since 2009?
Well, here's a thread w/ some interesting charts that will help you understand: what you see is NOT what you get.
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