Supreme♪ DeFi♠

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[Willy Woo @willywoo]

Crunch time for BTC.

Macro headwinds from US dollar strength. Meanwhile there’s increasing demand on futures market (pro traders) and on-chain fundamentals picking up.

Either way, up or down, we are now setting up for a strong move. Volatility squeeze incoming.

[Bitcoin @Bitcoin]

DXY now trading at its highest levels since March. The USD wrecking ball keeps wrecking.

[Bitcoin @Bitcoin]

What comes next?

[Bitcoin @Bitcoin]

Job openings are back to the lowest level since April 2021. Quits are back to the pre-Covid trendline.

[Bitcoin @Bitcoin]

Be careful what you ask for; you just might get it! 🤣

[Bitcoin @Bitcoin]

This is what happens between the Legacy program and intrusive parents who fail their kids by interfering in a way that does not allow them to experience the consequences of their choices.

Clearly, @Harvard has dulled their intellectual potency by letting in second and third rate mediocre students. Perhaps they should rename their degrees participation trophies.

[Bitcoin @Bitcoin]

Odds of rate increases are going up and rates cuts are going down and later.

[Brian Klein @brianeklein]

Pleased to share that my client Roman Storm is already out on bail, although I remain very disappointed that the prosecutors charged him because he helped develop software - their novel legal theory has dangerous implications for all software developers.
https://t.co/elmU8VqpYq

[Bitcoin @Bitcoin]

"Although inflation has moved down from its peak — a welcome development — it remains too high. We are prepared to raise rates further if appropriate, and intend to hold policy at a restrictive level until we are confident that inflation is moving sustainably down toward our objective." @federalreserve Chairman Powell

[Trust Wallet @TrustWallet]

🚨 SCAM ALERT 🚨

We are aware of numerous projects who claim to partner with Trust Wallet, while also using our logo on their platform to seem legitimate and build credibility.

Occasionally on X (previously Twitter), the scam projects or profiles manage to obtain a Gold Verified check mark, which can make people complacent about doing their due diligence.

We will always announce OFFICIAL partnerships on our socials so you can be sure that they are indeed, partnering with us.

Please be #SAFU. If you're not sure, don't risk it.

This extends to other platforms and communication avenues too.

Thanks #TrustWallet fam 💙

[Bitcoin @Bitcoin]

Remember, debt becomes deflationary when more of it can't be issued.

[Jameson Lopp @lopp]

Many of the (young) folks who are investing in the crypto ecosystem today are ill-prepared for what they're getting into. The casinofication of high risk assets invites people to adopt the wrong mindset.

When I started investing in bitcoin, it was an experiment that only interested nerds and libertarians. The mindset was: if this thing works, perhaps it will pay off in a few decades. DECADES - because that is the time scale over which fiat currencies tend to die.

Today, there is an overwhelming amount of crypto tokens in which one can invest. And a huge amount are unregistered securities - not that this is bad because it's illegal in some jurisdictions - but because you are basically becoming a shareholder in an organization without receiving ANY shareholder rights.

It's not prudent to invest in tokens that are likely securities unless you are a successful angel investor / analyst who has the skills to perform due diligence and judge risk and manage a high risk portfolio. Basically, you need to understand all of the possible ways you could get screwed and act accordingly.

If your mindset is to get rich, ask yourself: what am I contributing? Are you expending your energy trying to recruit more investors so that the value of your holdings grows? This DOES NOT create long-term value. All you are doing is contributing to short-term volatility - in both directions!

If you want to survive in the space and help it to grow sustainably, strive to become a low time preference holder who contributes in meaningful ways by leveraging your strongest skill set.

[Bitcoin @Bitcoin]

US household excess savings appear to have been exhausted.

[Global Government Affairs @GlobalAffairs]

This town square welcomes people of all backgrounds and beliefs. There is no place for antisemitism on X.

Today @LindayaX met with @AJCGlobal to tackle this persistent societal problem. Partnership and continual effort is the only way we will make progress on this difficult issue.

Following today’s meeting, we’ll take forward work together to improve our detection and contextual understanding of harmful content.

Thank you @AJCCEO and @HHuffnagleAJC for your candor and insights.

[Bitcoin @Bitcoin]

The UST 10 year yield hit 4.42%. This slightly exceeded last year’s high and is the highest level since 2011.

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 White House Press Secretary accidentally tweets and deletes a post meant for President Biden's account.

[Bitcoin @Bitcoin]

The 10 year UST yield.

[Bitcoin @Bitcoin]

The 30 year mortgage rate is at an all-time high. How will the rollback of remote work impact the market?

[Bitcoin @Bitcoin]

The borrower is servant to the lender.

[Bitcoin @Bitcoin]

"What are they achieving?" 😂