ETH/BTC at 0.026 for the first time since march 2016. ratio is pricing ethereum the same relative to bitcoin as when it had zero DeFi, zero NFTs, zero L2s, and a $1.2b market cap. meanwhile 32.4% of ETH supply is staked at all-time highs with 1,261x more ETH waiting to enter staking than exit. BitMine holds 5.42m ETH (4.5% of supply) at a $3,476 cost basis, down roughly $9b, and just filed to raise $300m in 9.5% preferred stock to buy more. on the same day BitMine bought 26,497 ETH, BlackRock deposited 17,511 ETH to coinbase. the sellable float is compressing into a smaller and smaller window while $2.4b in ETF money walks out the door over 5 months. daily RSI lower than COVID, lower than FTX collapse, lower than the tariff crash. either a decade of infrastructure development added zero value relative to bitcoin or this is the most asymmetric long setup ETH has printed since its existence. stop trading the ratio. start deciding which side of the BitMine bet you're on.
@lobstr@Vivek4real_ Just in case, be sure you keep the majority of your stack in wallets that have only ever received and not spent any BTC. If any public wallets get drained by QCs, it'll be before anything is announced publicly, so there's a chance to sell before prices plummet.
0/ the biggest ethereum upgrade since the merge is coming.
and this time, you’ll feel it.
it’s called pectra and here’s why it matters
a guest thread by @binji_x ↓
A trader just pulled off the most galaxy brain DeFi play of 2024, forcing Hyperliquid to choose between a $12M loss or revealing their centralized controls.
The outcome? Pure chaos.
Here's how this 200 IQ move went down 🧵
$HYPE airdropped 33% of supply to 94,000 users.
-Avg. airdrop was ~$28,500
$JTO airdropped 10% of supply to 9,852 users.
-Avg. airdrop was ~$13,250
$TIA airdropped 6% of supply to 190,000 users.
-Avg. airdrop was ~$4,630
$ENS airdropped 25% of supply to 89,715 users.
-Avg. airdrop was ~$10,400
$ARB airdropped 11.62% of supply to 625,000 users.
-Avg. airdrop was ~$2,500
$PROMPT airdrop WILL BE 40% of supply to 13,242 users.
-Avg. airdrop TBD.
Taking core concepts from the Wayfinder whitepaper and sharing short explainer videos.
Wayfinding Paths (or simply, paths) are one of the most fundamental parts of Wayfinder.
In 2025… Bitcoin will hit $200,000, Coinbase will enter the S&P 500, stablecoin AUM will double, and more…
Here are 10 Crypto Predictions for 2025 by the team at @bitwise
🧵👇
Most of the Tier1 projects have already been launched
It's a good time to look for fresh Tier1 projects at a very early stage 💪
Don't worry, I'll do all the work for you 🤝
Selection from 6-11 Sep 🧵👇
i searched through 1.5M+ messages on the Ethereum blockchain.
it’s such a wonderfully dark and beautiful place at the same time.
crimes. exploits. love letters. it has it all…
𝗪𝗲𝗲𝗸𝗹𝘆 𝗚𝗶𝘃𝗲𝗮𝘄𝗮𝘆
This week we're giving away 1 Prime Key!
To qualify you must do the following:
- Retweet this post
- Follow @ParallelTCG
- Follow @Parallel
- Follow @ParallelColony
Winner will be announced next week.
𝗪𝗲 𝗮𝗿𝗲 𝗲𝘅𝗰𝗶𝘁𝗲𝗱 𝘁𝗼 𝗮𝗻𝗻𝗼𝘂𝗻𝗰𝗲 𝗼𝘂𝗿 𝗱𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝘄𝗶𝘁𝗵 @rakutenbooks!
If you purchase something from Rakuten Books, you will have a chance to get either Parallel Card Pack or Manga. 🎴
Some items may come in exclusive Parallel packaging with a QR code to download and play the game in Japanese!
Moreover, Rakuten Books will act as our distributor of cards, comics, toys and more in Japan bringing us to one of the world’s largest TCG markets.
We are excited to work with them on bringing Parallel to Japan. // 🇯🇵