They've gone full mask-off: 𝐝𝐨 𝐧𝐨𝐭 𝐞𝐯𝐞𝐫 trust @OpenAI or its products (ChatGPT etc). There is only one reason for appointing an @NSAGov Director to your board. This is a willful, calculated betrayal of the rights of every person on Earth. You have been warned.
Welcome @optimism to the club of stage 1+ L2s! (meaning, L2s where the proof systems actually have teeth) I'm looking forward to seeing many more L2s join this club soon, especially some ZK ones.
🚨 BREAKING 🚨
In the last 626 Days since Merge
Bitcoin experienced inflation totaling
= +543,600 BTC
Ethereum observed deflation totaling
= -381,732 ETH
ONCE PEOPLE UNDERSTAND THIS
ETH IS GOING TO $10,000 + 🚀
Celebrities and #crypto: Market Trends and Insights
There has been a lot of talk about this recently. However, can you gain any advantage from it? Let's see.
In 2017, several celebrities started promoting crypto projects, especially around September. After this, we saw a strong leg up before the bull market top in December 2017 and the following bear market in 2018.
In 2021, we observed something similar twice: first in February 2021 and then in October-November 2021. Both times, there was a final leg up followed by a significant correction.
Based on this we can conclude that when celebrities start promoting cryptocurrencies, the market usually experiences a final leg up before reaching a local top.
In any case, the sample size is small, and therefore the edge is limited. Nonetheless, it is interesting.
Infinex is going zero-gas On 🟠 Gelato
@infinex_app is on a mission to unify decentralized ecosystems & apps under a single UX layer, built for everyday users, specifically your crypto-curious uncle.
Thread 🧵 ↓
🚨BREAKING: 🚨
🇺🇸 CRYPTO BILL HAVE JUST PASSED
THE SENATE, WHICH WILL OVERTURN
U.S SEC RULE PREVENTING HIGHLY
REGULATED FINANCIAL FIRMS FROM
CUSTODYING #BITCOIN.
GIGA BULLISH 🔥
🚨 BREAKING: Tornado Cash developer, 31 year old Alexey Pertsev, is found guilty of money laundering $1.2B through his app by a Dutch court and sentenced to 5 years in prison.
The police also seized all his assets including cars and crypto. They claim Tornado Cash was a tool used by criminals and hacking groups such as North Korean hacking group, Lazarus, and Alexey did nothing to stop it.
Other Tornado Cash developer, Roman Storm, 34, was charged by the DOJ with money laundering and sanctions violations and is set to have trial in September.
$BTC - Clean view
After deviating below the range low, the price bounced, touched resistance, and is now retracing into an interesting support zone. This could be forming the first higher low.
There is strong demand at $59k-$61k and indicators look mostly bullish, so a bounce is likely. If BTC breaks the $65k resistance, I'd be looking for $68k-$69k as the first target, and $74k-$75k as the second target. Bullish invalidation would be bearish PA at the previous liquidity zone.