#Bitcoin may be setting up for a massive short squeeze:
Currently, the gap between institutional longs and hedge fund shorts is at a record high.
While hedge funds hold nearly 15,000 in net short contracts, institutions hold nearly 20,000 in net longs.
This is likely why price action has been so sporadic over the last few days.
Longs are not giving up and each new record high in #Bitcoin is being fueled by widespread short covering.
How long can the shorts hold on?
🚨 Attention: BlackRock is entering the RWA narrative!
Many new millionaires will appear.
Because of BlackRock, RWA tokens have 50-100x potential in 2024.
These 18 projects could become the next industry leaders ⬇️🧵
Gonna play around with $BASE all weekend and see what it's all about. Seems early and tons of opportunities across the fast growing Layer-2 on #Ethereum.
Get ready for explosive growth in the #RWA sector.
BlackRock's entry signals 50-100x potential this year.
I scanned all RWA projects, and here are my 15 favorites 👇🧵
One of the major reasons for this is the Ethereum Dencun upgrade.
Prior to Dencun, the average transaction on Base cost ~$0.31.
But since EIP-4844 has been implemented, network fees are down to almost fraction of a cent.
While New York is ARRESTING homeowners for removing squatters, Florida has a different approach:
"If someone is breaking into your house, you're more than welcome to shoot. We prefer you to do that, actually."
Every halving period (210,000 blocks, ~4y) there is a bull market in which bitcoin price pumps. Now listen carefully: these price pumps are NOT bubbles, but fundamental jumps, structural events, phase changes. You can see it in the realized price, which flattens, until the next jump. Halvings are critically important bitcoin events. S2F model tries to model these jumps as elegant as possible, with only 1 variable and a linear function.
Global government debt is a record $82 trillion:
up $20 trillion since Covid
up $50 trillion since Lehman
... and up 7x this century in under 25 years!