Cryptoverse

Web3 | Crypto & jpegs

[Kaz Nejatian @nejatian]

At @Opendoor we want you to love your home. Starting today, Opendoor buyers get exclusive benefits:

1. 7-day home test drive
2. 100 day home warranty

This is just the beginning.

[Eric Jackson @ericjackson]

Lessgo

[Kaz Nejatian @nejatian]

I sent this note to our entire team at @Opendoor earlier today.

[Keith Rabois @rabois]

Opendoor’s new CEO @nejatian explains the company’s future: https://t.co/4NCimz1LV2

[Kaz Nejatian @nejatian]

We are going to launch @Opendoor *everywhere* in the lower 48 in the US in the next couple of weeks. We are only available in ~50 markets right now.

[Cryptoverse @cryptobnck]

@Barchart This time is different

[Chiefingza @chiefingza]

Some thoughts on the ETH ETF decision in May...

While it's a thin market, the most popular crypto prediction market, polymarket, has the odds of a May approval at 24%. I personally think this is quite mispriced, I think correct odds are closer to 70%. Even with the mispricing, I still think a better r/r is just holding ETH in size. What's interesting is that while market odds have come down, ETH has largely continued to keep pace with BTC, even with all of its ETF inflows. Against the dollar, ETH has been genuinely up only.

1. First and foremost, I think the bloomberg bros are putting quite a bit of bias into their prediction. Go to minute 33 of @EricBalchunas interview with @laurashin: https://t.co/17hUCx1hHt

He pretty much says that he's not that interested in the ETH ETF. The Bitcoin ETF was such a big story, why should he spend any time thinking about ETH? I imagine the bros are both tired from the coverage they did for BTC, people were scrutinizing every word they said, why go through that again? I find their claims of "gary is scared of liz warren" to be so off base as well. These politicians aren't sitting in their ivory towers plotting crypto's demise, they respond most to financial interests, you really don't think larry is going to win this eventually?

Imo comments like this one are just BTC maxi fodder they've picked up from being enshrined as new members in the cult, not actual critical thinking: https://t.co/mkkT8fADox

2. From what I've picked up from smarter analysts than myself, the SEC can really only reject the ETF on the grounds of a weak correlation between spot and futs markets. It's funny to watch @NateGeraci push back against the bloomberg bros but he makes a good point, why would they have approved the futures product in the first place
https://t.co/EVCZ010xEq

My honest view is the SEC knew they were boxed into approving BTC and ETH spot ETFs after the grayscale decision, those were the two assets/markets already claimed by the CFTC. Gary and his staffers are smart, they don't want to start any big turf wars so they can secure their high paying jobs assuming trump comes into office.

SEC knows that if they try and reject that there will just be another lawsuit on their hands, Coinbase and co are already preparing work for the legal battle should there be one: https://t.co/CvQSp3zSg1

You know what's worse than losing one high profile legal battle to a crypto company? losing a second one.

Not only that, but Trump was literally on CNBC talking about how much fun he's having with crypto. The tides have shifted in our favor.

3. The outcry from the BTC maxi community against the ETH ETF is so reminiscent of previous cycles. Everyone tricks themselves into believing BTC is the only thing that matters right at the big inflection points. Even @JSeyff has noticed it: https://t.co/UaDAFL4K06

4. My last point, and I really do believe this to be true, it doesn't matter if the ETH ETF is approved in May, or at some later date, it is happening. If anything, crypto has proved that it's too small of a market to properly front run real money flows that come from an asset becoming easily available to the mainstream. A more drawn out process just gives crypto natives more time to pile into the trade. Ever stop to think why ETH has gained (slightly) against BTC while the BTC ETF was literally the most successful ETF launch in history?

[Bill Ackman @BillAckman]

A scenario:

Bitcoin price rise leads to increased mining and greater energy use, driving up the cost of energy, causing inflation to rise and the dollar to decline, driving demand for Bitcoin and increased mining, driving demand for energy and the cycle continues.

Bitcoin goes to infinity, energy prices skyrocket, and the economy collapses.

Maybe I should buy some Bitcoin.

[Daniel Esteves, CFA @_danielesteves_]

Phoenix Digital Assets #PNIX, a UK-based company, specializes in cryptocurrency investments.

The company holds among others: 623 bitcoins, 6'794 ethereums and 86'396 solanas.

[Cryptoverse @cryptobnck]

@FIATNoMore I am happy to have been able to live this experience of waking up at 2 a.m. to mint some @okay_dogs

[Cryptoverse @cryptobnck]

New pfp? @okaybears

[Okay Dawgs @okaydawgs]

Artifacts are for Apes.
We’re all gonna be Okay.

[Cryptoverse @cryptobnck]

@loopify What about @okaybears ?

[Cryptoverse @cryptobnck]

gm. #okaybears

https://t.co/4J08zt8GvC

[Watcher.Guru @WatcherGuru]

18 days ago, Jim Cramer said #Bitcoin "is unlikely to find its footing."

$BTC is up 20% since then.

[Cryptoverse @cryptobnck]

@kramrogNL @okaybears Clean

[Cryptoverse @cryptobnck]

@Gforce_07 @DannyCrypto85 @okay_dogs @okaybears They can also buy an @okaybears with an already unlocked artefact

[Cryptoverse @cryptobnck]

@CitraDoes @okaybears Next one Robot?

[Cosmos allday 🇨🇭 @Cosmos_allday]

WHAT CAN YOU BUILD WITH AN AI AGENT

💡#AI Agents are modular building blocks that can be programmed with logic to perform specific tasks

AI Agents can connect, search and transact to form dynamic marketplaces, changing how economic activity takes place in the world🌐

@Fetch_ai

[Cryptoverse @cryptobnck]

@reylarsdam @Sen3Paul Crazy !