Can’t imagine how U.S.-based stablecoin issuers feel right now.
They thought the Trump era would hand them regulatory capture 🤣
But now, not only is beating USDT impossible, they also have to fight against the President’s stablecoin!
https://t.co/KXBhWfn3mF
Trump’s World Liberty (@worldlibertyfi) has deployed a stablecoin, $USD1, on @BNBChain.
And #Wintermute's public wallet appears to have run some test transfers with #USD1.
https://t.co/lgH9DWJ8uJ
We're using AI in many ways at @coinbase (fraud prevention, customer support, risk scoring, design, and 100% of engineers have onboarded to Cursor) but the next step is every ticket in Jira/Linear should have a draft PR attached that was auto generated by AI based on the description & screenshots. Will start with "fix it" lower difficulty tickets, but eventually move to all.
@adam3us Does it matter how it works? If people are afraid of red Excel numbers+price down and trade on that, we will need a period of normalization. Probably a big day where every single one outflows without the price going to 0 may reduce the feeling of incertitude on that new "unknown"
@dotkrueger If there are still people who want to make rational opinions and not just feed their biases. Here is a piece of information about ETFs that you should consider
https://t.co/td1ZJES69J
Baffle me that #cryptotwitter in 2024 is still a bunch of uneducated, uninformed, lazy degens crippled by a bunch of leeching tradoors. I thought the finance in #defi would have elevated the field. Gonna be a great year #bitcoin ! Have fun and thank you for playing
@BTCGLOBALRESRV@dotkrueger I love #Bitcoin , I am not giving any direction for the price. You guys should just source your information better. Don't trust, verify. Remember?
@dotkrueger Derivative volume will never move. Most of it is non-US and even if you are US with an outside company, perpetual contracts are just a superior product. It is not about the leverage, anyone can get paid to provide an efficient market
@dotkrueger Why do people listen to that dude giving financial advice that interested in Bitcoin volume just today? You quoted spot + derivative. This is not yet viewed as a vanguard ETF, this is a speculative ETF. Be careful listening to those trend grabber
@dotkrueger If there are still people who want to make rational opinions and not just feed their biases. Here is a piece of information about ETFs that you should consider
https://t.co/td1ZJES69J
1/3 - Brief ETF trading volume thread
There are ETFs that "T" a LOT and those that don't.
Here's a look at the Top 20 U.S.-listed ETFs ranked by average daily '23 AUM showing total value traded in '23, turnover (avg. daily AUM/total value traded), and avg. "holding" period.
@dotkrueger Take 2 minutes to take any etf + flows over 6 months and observe that people do take profits. People sitting on the sideline giving advice is really an issue on Twitter
@dotkrueger That is totally misleading and just a way to cope. It is not that you are using a broker that you don't feel greed and fear. I could agree for the funds, but they are not here yet. Flow shows that people are taking profit like retails on the non broker platform