D. Eleye

Inspired by creators - long decentralization / creator economy, AI+robotics and space ( $eth $pltr) - TDR pro - Ask Venice

[D. Eleye @d_eleye]

So not to put blame on anyone affected: but I follow @bankless and the OG #eth heads like @econoar @antiprosynth etc. and they blue pilled me into #DeFi and I do everything without giving up custody over my funds

I only use #bluechip #DeFi and thus my funds are #SAFU for now

[Ash Crypto @AshCrypto]

Institutions are loading up on $ETH again

- ETFs bought $70M worth of ETH yesterday
- Largest daily inflow in the last 28 days
- Five straight days of buying $162M in ETH

[D. Eleye @d_eleye]

$SBET

[Joseph Chalom @joechalom]

Ethereum is entering a new phase: Organizations focused on infrastructure, go-to-market, and more are launching to accelerate the growth of the coming institutional supercycle.

Here is what just happened in this new Ethereum era, and how @Sharplink is helping to drive it forward. 🧵

[D. Eleye @d_eleye]

$SBET

[Le Chiffre @LeChiffre]

449 ETH today is around $780k in one week
annualized that is around 23k ETH or about $40M per year (at current price)

einstein called compound interest the eighth wonder of the world (well, we don't really know if he say it) but the idea is correct

now imagine turning compounding on while also being bullish on the underlying asset. i am comfortable saying this: most of global finance will use Ethereum as a settlement layer over time

the last decade was consumer adoption, the next one will be institutional adoption. when a large part of tradfi comes onchain, do people really think eth will not capture value?

respect to Saylor for making the DAT idea more mainstream. but doing it on an asset entering its second adoption phase like eth, while generating yield on top, its something else

sharplink is the example here. bitmine could be another

we suffer enough since the 2025's top, let run it back to $4000, then straight to $10k

[Lucky @LLuciano_BTC]

Ethereum is getting a huge upgrade. As an ETH holder, Vitalik's new plan makes me super excited for the future.

✔️ New tech for faster and safer transactions with strong privacy built in.

✔️ Special new storage for tokens and NFTs that cuts fees by over 10 times.

✔️ Big scaling steps over next 3-4 years without breaking current apps.

This is Ethereum level 3. Time to hold strong and watch it grow!

[CryptoGoos @cryptogoos]

Ethereum controls 87% of stable coin supply.

Do the math.

What happens once the CLARITY Act passes?

It's obvious.

[D. Eleye @d_eleye]

ethereum:native

[borovik @3orovik]

ETH is extremely cheap at $1,700…

$10k ETH is a 6x away from current price

I think we could see 10k in 2027

[vitalik.eth @VitalikButerin]

If we want to make the Lean Ethereum consensus chain aggressively more "lean", and add strong validator privacy (ZK-unlink deposit from staking activity from withdrawal, and re-anonymize stakers every day), here is a path:

https://t.co/Gdee7tE53R

[D. Eleye @d_eleye]

ethereum:native

[Coin Bureau @coinbureau]

🚨VITALIK JUST UNVEILED ETHEREUM'S 3-YEAR TRANSFORMATION PLAN

Vitalik Buterin unveiled "Lean Ethereum," a multi-year roadmap to fundamentally overhaul Ethereum with native STARK verification, quantum-resistant cryptography, higher gas limits, and over 10x LOWER transaction costs for certain applications.

The roadmap marks Ethereum's most ambitious overhaul since the Merge, with upgrades rolling out over the next 3-4 years.

[D. Eleye @d_eleye]

ethereum:native

[Cointelegraph @Cointelegraph]

🚨 UPDATE: Ethereum now controls 87% of the Stablecoin Supply.

[Michaël van de Poppe @CryptoMichNL]

This is the first time ever that there's a strong weekly bullish divergence on $ETH.

It's on both the RSI and the MACD.

The first time ever.

A strong weekly candle is signaling that there's demand coming into the markets.

I have a hard time not becoming bullish with these data points.

[D. Eleye @d_eleye]

base:0xacfe6019ed1a7dc6f7b508c02d1b04ec88cc21bf
base:0xf4d97f2da56e8c3098f3a8d538db630a2606a024

[knightsemplar @solardefi]

This is much simpler than most are making out.

Firstly, I hold base:0xacfe6019ed1a7dc6f7b508c02d1b04ec88cc21bf. Most takes on this are from accounts with no skin in the game.

Let’s start with how Venice launched.
Token first, equity second.

They proved PMF, hit profitability, THEN raised by selling just under 9% of the company.

Most crypto cos did the opposite. Diluted 20-40% first, launched token as exit liquidity.

Venice sold equity AND tokens in this round. Yes, they could have sold just tokens to fund it.
Why sell equity at all when tokens alone would have funded it?

Because selling equity makes raising easier, puts less sell pressure on base:0xacfe6019ed1a7dc6f7b508c02d1b04ec88cc21bf , and puts sophisticated capital on the cap table.

They are building data centres and are competing with AI companies that are also raising and growing aggressively. Why limit yourself to niche crypto capital?

Most are getting the warrants wrong, in fact most don’t know they exist or care to read up on them.

5M warrants are a call option at ~$13.30, near-market. Dragonfly pays $66.5M to exercise. They only profit if VVV goes up.

The grant is 1.5M VVV, ~$20M. It’s small.

The bottom line is that Erik holds more VVV than anyone, he controls the company he built from zero.

Watch what he does from here.

[D. Eleye @d_eleye]

$VVV

[Erik Voorhees @ErikVoorhees]

VVV and Capital

Measured by revenue, Venice has become the largest company at the intersection of AI and cryptoeconomics.

Today, we announced Venice’s first round of outside capital, a $65m Series A led by @dragonfly_xyz, valuing Venice’s equity at $1 billion.

Since we are an atypical company, this thread describes how this equity raise relates to the most valuable asset we have on our balance sheet, our capital token base:0xacfe6019ed1a7dc6f7b508c02d1b04ec88cc21bf

[D. Eleye @d_eleye]

$VVV

[Erik Voorhees @ErikVoorhees]

We wanted to do the opposite of most other projects: while most pre-sell to VCs on undisclosed terms and promise to build a product or find users later, Venice didn’t pre-sell to anyone and had already demonstrated product-market fit for a year by the time VVV was airdropped to the community.

The token traded openly for 18 months before Venice brought in outside capital. The participants in Venice’s Series A agreed to these terms because they are aligned with Venice’s long-term vision.

[D. Eleye @d_eleye]

base:0xacfe6019ed1a7dc6f7b508c02d1b04ec88cc21bf

[Brian Armstrong @brian_armstrong]

Important infrastructure for freedom - great foresight by @ErikVoorhees building Venice

[D. Eleye @d_eleye]

$SBET

[Crypto India @CryptooIndia]

BREAKING: Joseph Lubin-backed Sharplink buys 10,000 ETH worth $15 million.

Total holdings: 886,725 ETH

[D. Eleye @d_eleye]

$SKY

[Sam MacPherson @hexonaut]

I’m thrilled that Spark was selected as a Robinhood Chain Day 1 launch partner with Spark Savings USDG (spUSDG) to export the USDS savings rate to Robinhood’s 28 million users.

Spark Savings lets users deposit stablecoins and earn yield from Spark's liquidity deployments across DeFi, CeFi and TradFi, enabling fintechs to launch native stablecoin earn products without building liquidity infrastructure from scratch. We're already live with spUSDC, spUSDT, spPYUSD and spETH, with spUSDG representing the next step.

As mentioned in my post last week, we are moving to a world where exchanges, fintechs, and banks are converging on “Everything Apps”. The pattern is becoming clear with a centralized exchange component, a blockchain component, and a stablecoin.

As the primary liquidity tranche in the Robinhood Earn program, Spark will hold large amounts of USDG on its balance sheet. This otherwise idle USDG can be put to work inside the Stablecoin FX Layer on Uniswap to pair against USDS, which in turn provides deeper shared liquidity to USDC/USDT/PYUSD.

This launch is a significant event because it marks the first integration of a mid-cap stablecoin into a US fintech's earn program. This exposes the stablecoin to Robinhood’s sizable distribution, making USDG a serious contender in the stablecoin space.

As payments, savings and lending continue to move on-chain, swap volume between stablecoins is going to increase drastically, and the Stablecoin FX Layer is best suited to absorb this coming demand surge.

[D. Eleye @d_eleye]

ethereum:native
$SBET

[Arkham @arkham]

SHARPLINK IS BACK.

Joe Lubin’s ETH Treasury Company is back and re-accumulating ETH. They bought 10,000 ETH over the last week (worth approximately $16M), and also repurchased $10M of Sharplink shares.

They now hold $1.4 Billion of ETH. Is Sharplink about to turn the printer on?

[D. Eleye @d_eleye]

ethereum:native
$SBET

[The Block @TheBlockCo]

THE BLOCK: BitMine, SharpLink, and Joseph Lubin back new nonprofit Ethereum Institutional $ETH

The group says it will act as an independent, neutral front door for institutions engaging with Ethereum, warning that "neutrality without representation can be received as silence."

[D. Eleye @d_eleye]

$SBET

[CoinMarketCap @CoinMarketCap]

LATEST: 💰 SharpLink confirmed it bought 10K ETH for about $16.1M, its first announced Ethereum purchase in 8 months, while repurchasing over 2.1M SBET shares.