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Get the app and search for my Twitter username to be an early holder of my keys 🤗
1/ The two most important EU crypto regulations to date, MiCA ("PoW-ban") & TFR ("unhosted wallets"), are about to be finalized by the end of June.
They have huge implications for the crypto market in the EU and beyond.
Here is a quick update thread on both regulations 👇
🧵 Su Zhu is now back in Singapore working with a law firm specializing in white collar crime. He really doesn't want to go to prison, and creditors are after him. But how did he get to this point? Where did 3AC go wrong, and what should you do next?
Yesterday @dYdX announced their decision to spin up their own chain using the Cosmos SDK, which immediately made the #Cosmos hashtag trending on Twitter everywhere
In this thread, I cover what is DyDx, their decision and the massive impact for both Cosmos & Ethereum roll-ups 🧵
After Celsius and 3AC tanked the market, another concerning event has started to emerge.
With nearly a billion dollars of liquidations on the line, the price of one of crypto's largest L1s is at stake.
🧵: What's happening to $SOL and @solendprotocol, and why you should care.👇
Thread: The Crypto Bulltard’s Guide To Potential Further Contagion
🧵
So… the question on everyone’s minds right now is ‘Will the LUNA/Celsius/3AC stuff keep spreading?’ and... "Where might it spread?"
And that is the subject of this thread.
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A white knight approaches...
While Celsius and 3AC dominate the headlines and add to enormous sell pressure, some smaller whales and Smart Money are still taking bullish positions
One whale in particular -- a legend from the early days of Bitcoin, no less -- stands out
Over the last couple of weeks I've been using @parsec_finance a lot more and I think it's one of the best tools to do on-chain analysis, so I wanted to share some of its most useful features that are available for free.
Short thread below 👇🧵
THE CELSIUS BLOWUP, EXPLAINED.
Huge sectors of crypto are imploding, and crypto unicorns might be coming down with it.
Luna was first, but now $10b giant Celsius is facing insolvency and even bankruptcy.
Let's dive in:
This morning @a16z crypto published our first annual State of Crypto report. 📊
It shows how far crypto has come — and how early we still are — in building the next generation of the internet. Here's a 🧵 of some highlights.
https://t.co/4lOFUyqIWh
🧵 This may be the most important threat that I ever make. Big picture stuff.
I’ll try to help you understand why the future is not what we’re hoping for. A major global collapse is coming. It may be worse than we can imagine.
Our leaders know.
But what are they planning?
1/ On Making It
Are we GMI? Are we NGMI? Are we WAGMI? What does Making It mean?
I present below the 6529 GMI Framework (tm, all rights reserved, (c) 2021, 😂)
Frameworks are just a tool. None are 'right'. This is just how I think about it.
1/ On Bear Markets
You are down bad? Working at McDonald's? Your ATH net worth is only visible with a telescope? Your gf is wondering where all the money went?
Now what?