Old Man Anc

still farming. airdrops, testnets, defi.
also gamble more than i should.
posting both sides.
watching $PONS (rip) | $SUI $MNT $ETH $STRK

[Old Man Anc @Ancifs]

$STRK went from $0.049 to $0.123 and is now back around $0.065.

Almost the entire quantum hype run wiped out.

→ 127M STRK unlocked on Oct 15. Definitely not helping.

→ The L1 vote runs until Oct 22, but it's only about researching the idea. No migration approved yet.

→ On-chain activity cooled off pretty fast after the pump.

→ Starknet also launched its VIP Program for STRK and strkBTC holders, while Shadow Accounts add another layer of wallet privacy to DeFi.

The idea of a quantum-resistant L1 sounds great, but the market got ahead of itself.

I'm still watching STRK. Just not buying every dip blindly.

#STRK #StarkNet

[Old Man Anc @Ancifs]

$STRK rallied 2.5x. Then reality hit.

STRK went from ~$0.049 to $0.123 in a few days before dropping roughly 37% from the local high.

After a move like that, profit-taking shouldn't surprise anyone.

Now the 127M STRK unlock is part of the discussion. But the sell-off started before Oct 15. Markets can price in an unlock early, yet a scheduled unlock alone doesn't prove tokens were sold.

The rally also coincided with speculation about Starknet potentially becoming an L1 and targeting full quantum resistance by 2027. It's an ambitious direction, not an approved transition — and not proof of future demand for $STRK.

The real test is what happens after the narrative cools down.

Can Starknet turn its technical ambitions into sustained ecosystem activity and actual demand for the token?

That's what I'd watch before calling this a recovery.

#Starknet #STRK #Crypto

[Old Man Anc @Ancifs]

BTC broke under $70K for the first time since August. Over $1.3B in leverage got wiped.

The official reasons are boring: Nvidia's CEO drama, post-midterm jitters, ETF outflows.

CT has a spicier one: Binance farming long liquidations to refill its $6.3B hack hole.

Then Binance announces the hole is filled.

→ $6.34B+ committed from company funds
→ coverage declared complete on Nov 12
→ the zk proof for the new reserves snapshot is still pending

So here's an easy test. If the theory is right, the pressure should ease now that there's nothing left to refill. If BTC keeps bleeding, it was never Binance.

Long hunt or just too much leverage?

#Binance #Bitcoin

[Old Man Anc @Ancifs]

@Polymarket 29,990 plus 299 a month after the first. at what point does the subscription cost more than just buying a normal car?

[Old Man Anc @Ancifs]

@TheBTCTherapist the 200wma protects you from selling the bottom, not from watching it drop another leg first. "cant lose money" is a big claim

[Old Man Anc @Ancifs]

@BillyM2k depends, do you need a flight, a train or bitcoin

[Old Man Anc @Ancifs]

@Polymarket booster catch already looked fake. now they want to catch the whole ship

[Old Man Anc @Ancifs]

@Cointelegraph banning officials from betting on things they decide is the one rule on this list that makes sense. if you can move the outcome you shouldnt be able to trade it

[CoinDesk @CoinDesk]

Bitcoin tumbles below $70,000 as a stronger dollar weighs on crypto markets, President Trump nominates four new SEC and CFTC commissioners, and Kalshi cuts ties with Donald Trump Jr. over his firm's investment in rival Polymarket.

@UyenDoe has what you need to know.

[Cointelegraph @Cointelegraph]

🔥 TODAY: Circle minted 500M $USDC on Solana.

[The Block @TheBlockCo]

THE BLOCK: Hyperliquid overtook Bybit, Kraken, and OKX in open interest during Q3, according to HRC's latest report. Outstanding positions ended the quarter at a record $16.8 billion, up nearly 80% from June. $HYPE

[Old Man Anc @Ancifs]

@ExitLiqCapital

[Old Man Anc @Ancifs]

@Morecryptoonl

[Old Man Anc @Ancifs]

@CryptoJelleNL higher low on the 15m chart, 500k next. see you in 2031

[Old Man Anc @Ancifs]

@cryptorover whales long during the dip doesnt mean they are right, early looks the same as wrong for a while. what size are we talking?

[Old Man Anc @Ancifs]

@R89Capital bitcoin is -46% from the 126k top, so winter showed up a while ago

[Old Man Anc @Ancifs]

@solana confidential compute is the interesting one here. who is it for first, institutions that want private transfers or defi apps hiding order flow?

[Old Man Anc @Ancifs]

@Cryptic_Web3 @SoFi @0xPolygon 17 million members is the part that matters, distribution beats tech. does sofiusd pay yield or is it just rails for now?

[Old Man Anc @Ancifs]

@MerlijnTrader 36% staked is a real number, but staked eth isnt locked forever, there is an unstaking queue. is it conviction or just people farming yield on the dip?

[Old Man Anc @Ancifs]

@SuiNetwork supply up 10% to 538m while the total fell 5% is a good sign. how much of that is native usdc vs bridged, and does zero gas actually move volume?

[Old Man Anc @Ancifs]

@Polymarket 573b in a week. at least nobody can blame crypto for this one

[Old Man Anc @Ancifs]

@XRP 1b xrp in a year is solid, at about $1 each thats roughly a billion dollars though, small next to the btc etfs. is weekly flow still growing or flat?