Wilfred Michael

Marketing Lead @CoinTabNews

[Wilfred Michael @CryptoWilfred]

My best highlight from the @weremeow AMA on Reddit ahead of the $JUP @JupiterExchange token launch.

Fingers crossed JUP doesn't crash Solana🤞

It would be a huge stress test for the network and the idea of blockchains.

Get the post-mortem reports ready 😎

[Wilfred Michael @CryptoWilfred]

The best part of yesterday's market downturn was that #Solana worked just fine.

Did multiple trades on @JupiterExchange and @kamino near the local bottom.

Unlike in the past when such market drops will make apps and network lag, everything was smooth.

@toly
@mert
@solana

[Wilfred Michael @CryptoWilfred]

If you’re looking for some bit of consolation from this Bitcoin cascade.

Just remember that as things get worse, all previous Bitcoin price support levels will turn resistance and breaking them becomes more difficult.

In a nutshell, there’s no other way to frame this positively 😅

[Wilfred Michael @CryptoWilfred]

@rla323 @CoinMarketCap I think they’re doing a lot of dms these days.

They also reached out to us @CoinTabNews for help related to our community page.

I guess they got a new marketing lead or something that is teaching them the value of close communication with key brands.

[CoinTab News @CoinTabNews]

A critical bug discovered in @Zcash could enable the creation of unlimited counterfeit $ZEC.

After implementing a patch, the team considers a network upgrade that would allow users verify the total supply.

While no evidence of exploit has been found, ZEC is down 30%.

[CoinTab News @CoinTabNews]

Solana could remove $1.5 billion worth of future SOL emissions.

A new governance proposal, SIMD-0550, aims to potentially cut token issuance much faster than planned.

[Wilfred Michael @CryptoWilfred]

@Sam0xSol I think there are around 31 validators or so.

We did a deep dive on this subject for @CoinTabNews

Please give it a read and follow us

https://t.co/SPrJWxvBvn

[Wilfred Michael @CryptoWilfred]

After reading the latest recovery update and some posts from @redacted_noah, it's finally starting to feel like there is some light at the end of the tunnel for Drift users.

Worth keeping an eye on 👀

[Drift @DriftProtocol]

Today we are sharing an update on Drift recovery and relaunch

https://t.co/pn4121cUp3

[Wilfred Michael @CryptoWilfred]

For context, bitcoin:native is currently 49.2% below its previous all-time highs.

This is how the current drawdown compares to previous ones.

Note: With every passing cycle, Bitcoin's maximum drawdown percentage has historically matured and shrunk (from -93% down to -77.6% in 2022)

However, if things get nasty and we get another 77% drawdown, that will put Bitcoin’s price bottom near $28,000

[Wilfred Michael @CryptoWilfred]

With Bitcoin now around $64k, price is almost 50% off the 2025 highs.

The halving that almost no one expected.

bitcoin:native

[Wilfred Michael @CryptoWilfred]

You love to see it.

These tweets that age like fine wine.

[Peter Schiff @PeterSchiff]

If Bitcoin is lower today than it was in April 2021, why should future returns be any better? What could possibly happen over the next five years that is more bullish for Bitcoin than what has already failed to move the needle over the past five years? The party is clearly over!

[Wilfred Michael @CryptoWilfred]

@DCinvestor This 🤝

[Wilfred Michael @CryptoWilfred]

Be fearful when others are greedy and greedy when they are fearful.

Works everyone ✍🏾💯

[Wilfred Michael @CryptoWilfred]

The bottom will be in when bears start showing off their earnings from shorting bitcoin:native and start getting too greedy.

Until then, we’re still far off from max pain.

Buckle up 🆙

[Wilfred Michael @CryptoWilfred]

@KevinSvenson_ Doesn’t look like a bottom wick, I’d expect a retest of February lows

[Wilfred Michael @CryptoWilfred]

@CoinTabNews @Crypted_mee The market seems keen on revisiting the February lows. When, not if

[Wilfred Michael @CryptoWilfred]

@cmsholdings 32 SOL

[Wilfred Michael @CryptoWilfred]

@CryptoKid They still have $900M in USD so this was never about the cash.

It’s a message to show they can always sell a little BTC to fund interests rates on their debts if needed

[Wilfred Michael @CryptoWilfred]

@JacobKinge “Millions”

Checks note “$2.5M”

[Wilfred Michael @CryptoWilfred]

@jdorman81 Imagine thinking that Saylor bought all that Bitcoin to sell it at a loss.

They still hold $900M in USD reserves, so there’s practically no reason to sell.

[Wilfred Michael @CryptoWilfred]

@TheFlowHorse @Omsuskes This sale was never about cash. The company still has $900M in USD Cash reserves as revealed in today’s filing.

We discussed this in today’s @CoinTabNews Space.

This sale is basically to show investors that BTC can actually be sold to service loan obligations.