IAK

2021-23 PvP survivor🩸 2024-25 MIM enjoyor 🧙‍♂️

[IAK @btc21m]

#BONK

[IAK @btc21m]

I just bought 1 keys on https://t.co/AkYqn9g3sd!
Wish me luck to win the Grand Prize! 🔑
$BONK @bonk_inu

[IAK @btc21m]

@CL207 meow

[IAK @btc21m]

LDOETH is up 23% since this post, while ETH is up 28% on the dollar.

Build your own conviction, and don't get liquidated by the CT influencer whispers.

$LDO

[IAK @btc21m]

@CryptoHayes you tiao is the fucking bomb! lfg

[IAK @btc21m]

@inmortalcrypto @tradingview fo my familia ser

[Inmortal @inmortalcrypto]

Yes, It's that time again.

I partnered with @tradingview to giveaway 3 annual subscriptions (One premium, one plus and one essential plan).

To enter:
RT, comment and follow.

Good luck everyone ❤️

[Hsaka @HsakaTrades]

TL;DR

• CZ fined $50m
• No involvement in Binance operations for 3 years
• Binance appoints an independent compliance monitor for 3 years
• Binance fined $1.805bn, discount for partial cooperation, paid over 15months + $2.51bn for sanctions
• No public statements allowed

[IAK @btc21m]

End of an era 👑

4.

[CZ 🔶 BNB @cz_binance]

Today, I stepped down as CEO of Binance. Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself.

Binance is no longer a baby. It is time for me to let it walk and run. I know Binance will continue to grow and excel with the deep bench it has.

I’m pleased to announce that @_RichardTeng, our now former Global Head of Regional Markets, has been named the new CEO of Binance today.

Richard is a highly qualified leader and, with over three decades of financial services and regulatory experience, he will navigate the company through its next period of growth. He will ensure Binance delivers on our next phase of security, transparency, compliance, and growth.

Prior to joining Binance, Richard was CEO of the Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM); Chief Regulatory Officer of the Singapore Exchange (SGX); and Director of Corporate Finance in the Monetary Authority of Singapore.

With Richard and the entire team, I’m confident that the best days for @Binance and the crypto industry lay ahead.

As a shareholder and former CEO with historical knowledge of our company, I will remain available to the team to consult as needed, consistent with the framework set out in our U.S. agency resolutions.

What’s next for me?

I will take a break first. I have not had a single day of real (phone off) break for the last 6 and half years.

After that, my current thinking is I will probably do some passive investing, being a minority token/shareholder in startups in areas of blockchain/Web3/DeFi, AI and biotech. I am happy that I will finally have more time to spend looking at DeFi.

I can’t see myself being a CEO driving a startup again. I am content being an one-shot (lucky) entrepreneur. Should there be listeners, I may be open to being a coach/mentor to a small number of upcoming entrepreneurs, privately. If for nothing else, I can at least tell them what not to do.

On that note, I am proud to point out that in our resolutions with the U.S. agencies they:

- do not allege that Binance misappropriated any user funds, and
- do not allege that Binance engaged in any market manipulation.

Funds are SAFU!

With that, I look forward to seeing the new leadership take the reins. Please join me in congratulating Richard on his well-deserved promotion.

Onwards!

CZ

[Inmortal @inmortalcrypto]

still. can. be.

[IAK @btc21m]

@elliotrades @wclemente Qs: What happens when RRP is depleted?

[Sal Qadir @salxyz]

☀️ Your Complete Guide to Trading Solana Tokens ☀️

Trading long-tail Solana tokens is extremely risky right now as there’s a huge dearth of quality projects with liquid tokens. However, I expect this to improve over the next 6-12 months, so it’s worth getting familiar with the tools of the trade.

This guide is divided into 3 parts: Discovering Tokens, Researching Tokens, and Trading Tokens. Let's dive in.

Discovering Tokens

The best sources of alpha are quality, private group chats with on-chain crypto natives. Absent that, you can still find opportunities using some high-level analytical tools.

-Step Data Insights (@StepDataInsight): Find top performing tokens and markets. Create your own watchlist. https://t.co/TDLqBdWdo6

-Birdeye (@birdeye_so): Trending tokens, highest 24h volume, largest trades, and top gainers. Also great for charting tokens (similar to Dexscreener) https://t.co/9Ic8hiQ5uL

-Dexscreener (@dexscreener): They have some Solana tokens, but coverage is not as extensive as Birdeye. They'll probably improve this as liquidity continues to flow to Solana ecosystem. https://t.co/ZlFgxaHZ3m

-Coingecko (@coingecko): See what’s trending in the search bar and check out the Solana Ecosystem section: https://t.co/NRtjDlnj6x

Researching Tokens

The best way to reduce your odds (there’s always still a risk) of getting rugged is to arm yourself with as much information as possible. The best source of information is the project’s website and other primary sources (project whitepaper, spaces with key team members, articles, blogs, podcasts, github repos, hackathon submissions, X posts, etc.). Once you have a basic understanding of the project, then you should look at other data points to paint a wholistic picture of what you’re potentially buying.

-Solscan (@solscanofficial): The Etherscan of Solana. Also great for seeing top holders of a potential token. It even shows the tops markets trading that token. It’s always a good idea to double-check your token contract here. https://t.co/Dzob01Ls6J

-RugCheck (@Rugcheckxyz): Copy/paste the token address here for a quick overview of potential red flags such as mint authority and token metadata mutability. It takes about 5 seconds and can save you from a potential rug (very common with recently-launched memecoins, less of an issue with established projects). https://t.co/X3XFpkEe5v

Trading Tokens

-Wallet: Obviously, you’ll need a wallet to trade Solana and SPL tokens. The “MetaMask” of Solana is Phantom (@phantom). It’s been around the longest and is the most deeply integrated. Backpack (@xNFT_Backpack) and Glow (@glowwallet) are also excellent. Even MetaMask (@MetaMask) now supports Solana through its Snaps integration with Solflare (@solflare_wallet) (bonus points for Solflare being open-source). https://t.co/lIqomsNXnG https://t.co/Stsd7X4ioI https://t.co/avXuEKIHch https://t.co/ZIQ8saBQHy

-Bridging: You can use the Portal Token Bridge (fka Wormhole) directly or you can use something like Mayan which uses Wormhole (@wormholecrypto) on the backend. The easiest bridging experience I’ve found is Jupiter (@JupiterExchange), which will route your order through bridges like Mayan or deBridge (@deBridgeFinance) in the most optimal fashion. Great UX. Can bridge across many chains/assets into Solana (eg ETH, USDT/USDC on ETH, TRON, etc). https://t.co/PqtYgpDegw https://t.co/gJziVHSIJU

-Swapping: While Uniswap is the juggernaut of swaps in the land of Ethereum, Jupiter (@JupiterExchange) is the king of swaps on Solana. Jupiter is an aggregator (like 1inch) that will route your order through various Solana DEXs (like Orca (@orca_so), Raydium (@RaydiumProtocol), etc.) to give you the most optimal execution. Their UI/UX is so good I’ve literally never traded anywhere else on Solana. https://t.co/UGFwoH1KfQ

-Mobile Trading: On Ethereum, we have Telegram Bots like Unibot, Maestro, and Banana Gun. On Solana, we have Fluxbot (@FluxBeamDEX) ($FLUXB). They recently won the grand prize at Solana’s Hyperdrive Hackathon and are a solid option if you want to trade on-the-go via Telegram. https://t.co/Uhsv0Fof57

-Portfolio Tracking: Step Finance (@StepFinance_) is like the DeBank or Zapper of Solana. Connect your wallet and see what your positions are (though no multi-wallet support yet). https://t.co/V6uVkxDrM2

DM me with any feedback and subscribe for daily commentary here → https://t.co/KTbprcC3Ri

[Crypto Koryo @CryptoKoryo]

Let's talk about narratives.

Here are the weekly best/worst performing narratives of 2023 in one image.

I find it very informative and I've seriously leveled up my game as a narrative trader from this.

Here are my top 10 takeaways:

1️⃣ A narrative can't be THE top performer for more than a month.

2️⃣ Top-performer narratives will usually be the worst performer within a 2 months window after it reaches peak euphoria.

3️⃣ New narratives tend to outperfoorm (Meme 2.0, Telegram Bots, Friend Tech)

4️⃣ Established narratives with good tech and pmf might perform well but are rarely The top performer narrative (alt L1s, L2s, Perp Dex, etc.)

5️⃣ More sophisticated narratives are rarely among top performers (privacy, options, LMs, etc.)

6️⃣ New trending narratives tend to do well for 3 to 5 weeks. Taking profits too early is a mistake.

7️⃣ New trending narratives tend to not do well after 5 weeks. Not taking profits is a mistake.

8️⃣ With good knowledge and experience, it's not hard to focus on the 20% of the most promising narratives. (Game-Fi will have its time but it' won't happen in 2023). Timing is the key element.

9️⃣ Fading a new narrative at an early stage is not worth it. Optimize for RR instead of win rate.

🔟 The initiator of new narratives often continue to dominate for longtime (PEPE, Unibot, Friend Tech) and should not be ignored with "I'm late to this" mindset.

Bonus. Regularly checking my narrative dashboard is a highly profitable strategy for any narrative trader.

https://t.co/bIHi3zNqPo

Note that these are my takeaways from what we have seen in 2023. In a bull market things might be different.

[db @tier10k]

FIDELITY FILES FOR ETHEREUM ETF

Source: DB | Coins: ETH

[Andrew Kang @Rewkang]

Market shifted from extreme concentration on future supply (FTX Estate, Silk Road coins, Mt Gox, unlocks, etc) to extreme concentration on future demand (ETF approval, retail coming back)

Generally sentiment analysis is very noisy, but important to recognize the extremes

[IAK @btc21m]

@INArteCarloDoss @wclemente Why does no one mention the fact that the path to QE might be longer and more painful then simply “if RRP = 0, then Fed pivots”

[IAK @btc21m]

@wclemente Wouldn’t the RRP drawdown to 0 cause some serious headwinds for liquidity? The path to Fed pivot is not bullish imo

[hentai avenger @hentaiavenger66]

tbh it really doesnt matter there are infinite opportunities during bull markets. real money is made by nailing a string of rotations and never getting caught in nasty pullbacks

[IAK @btc21m]

@ElonMuskAOC @naval you get back on it. duh

[IAK @btc21m]

@HsakaTrades You can’t get stopped out on your chair. The worst thing that a chair can do is rug you. Oh wait