"Bitcoin makes its money when Wall Street is asleep."
Compounded gains overwhelmingly occur outside US equity hours.
Especially when US+Asia sessions are excluded, the synthetic price massively outperforms the real price.
Let me explain exactly what i'm talking about👇
And another weekly beat
Don’t get distracted, we’re basically at ATH revenue numbers even from when Eth was multiples higher
0 investor vests left, extremely high revenues, the exact neobank narrative everyone is excited about
Main issue imo is they stopped the $50m of buybacks they committed to and created some distrust in the token
But Mike and co will come around / have some reason for it
Note: dcf cap has been adding $ethfi
General Catalyst just co-led a $31.5 million seed round into a blatant rip-off of my company, Kled.
(skip to 40 seconds if you want to skip context)
I would typically not speak on things like this, but this level of blatant copycatting is egregious and completely unacceptable, and needs to be made an example of.
This is one of hundreds of YC startups who have conducted this disgusting behavior. Unimaginative slop that continues to get rewarded due to nepotism.
Happy Monday eurobros - here's your new bank.
Building apps sometimes really is simple.
All you have to do is take the best EUR crypto card and the best EUR offramp, slap a good UI on top, and you’re done.
And that’s exactly what happened here.
@getrebind took the proven @gnosispay card and @monerium bank accounts and packaged them into a smooth mobile experience.
Let’s talk numbers:
Cashback ranges from 1–5%, depending on how much $GNO you hold. Getting 3% is easy; buy 1 GNO and spend €500 in the first month (to get the OG NFT).
There is a monthly cashback cap of $1,500, though.
No FX fees. This is huge, as paying in local currencies comes with no surcharge.
Yield is powered by @aave and is currently above 5%. The best part is that you can spend directly from your yield-bearing deposit. I love this feature because I earn yield on my full balance and never have to think about top-ups.
Depositing money can be done via crypto or bank transfer. For crypto, only Base and Gnosis are supported, but you can use any token and swap in-app.
Personally, I’d suggest topping up with $EURE.
Buy and bridge it via @jumperapp, the ideally route funds through @fluidkey to obfuscate any trails.
The bank account functionality is very useful as well, you can on/off-ramp quickly and pay invoices directly. It’s powered by Monerium, which I personally use to move funds between banks and fund IBKR. I’ve had zero issues.
The whole setup is self-custodial, and if you already have Gnosis Pay or Monerium accounts, you can easily connect them to the app.
Support is solid, fast, and handled by actual humans.
Overall, this is a very well-structured, comprehensive, and battle-tested banking setup for European crypto users.
You have my ref link below 🫡