1/ Time for the 4th annual @ElectricCapital Developer Report!
This year we are also proud to launch https://t.co/7Z8o63my4T -- showcasing the data behind the report.
We analyzed 250m code commits and 300+ people contributed to this year's report.
Let's dig in👇
1/ The FTX fallout has placed an urgent spotlight on crypto regulation.
Here’s an overview of the key issues and legislative bills facing the newly elected Congress:
The Definitive Thread on FTX
I met SBF before FTX started, and witnessed their rise and fall. I can't stand @nytimes's puff piece.
If anyone wants to know what happened, send them this.
Big moves in the crypto space today with Bitcoin and Ether sinking after Binance announced plans to buy FTX's non-U.S. business.
@HHorsley of @bitwise says that the liquidity crunch is "alarming" for investors, and that more near-term volatility is ahead.
This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire https://t.co/BGtFlCmLXB and help cover the liquidity crunch. We will be conducting a full DD in the coming days.
Big day at Bitwise! We are excited to reveal that we're expanding our capabilities with the addition of a world-class active investing strategy for institutional clients. Learn more: https://t.co/cJ1T7D7ckg
6/ Finally, a new asset class & computing platform happens only once a generation.
In just 5 years, crypto has leapt beyond my imagination. It's you, this ecosystem, that shapes it & makes it happen.
We're living history together. Grateful to be in it alongside all of you —
1/ Today, I'm excited to unveil something we've been working on at @bitwise for over a year —
Bitwise is expanding into active.
https://t.co/u3Tbm4asmx
We've had a front row seat in crypto for over 5 years. The future is bright & opportunities are expanding.
A thread—
San Francisco-based fund manager @bitwise has introduced active trading strategies to generate yields for institutional investors.
Reporting by @oknightcrypto.
https://t.co/xiZ03DsUMp
Our @bitwise research team’s Q3 crypto report is live.
It covers the macro landscape, regulatory developments, & the biggest events across Bitcoin, Ethereum, DeFi, NFTs, & crypto equities. Plus, there are 50+ charts on KPI & industry fundamentals.
https://t.co/NAOnTA85IV
1/ ETH is up 20% over the past few days, and crypto stocks are up 15%.
You might be wondering, why?
A helpful analogy to explain these moves is to think about a wildfire.
Collapses like Terra and 3AC hurt... 🚑
So, how quickly can the crypto industry recover?
Despite a brutal second quarter, there’s more good news than you might think 👀
Find out why in our latest newsletter 👇👇
https://t.co/STYpMmanbb