Ethereum co-founder Joseph Lubin hinted on CNBC that he believes $ETH could flip $BTC within "the next year or so, especially with these treasury companies driving things."
At bitcoin's current market cap, ETH would need to be around $20,000 to flip it.
1/5) The cryptocurrency top 50:
BTC - The king is dead
ETH - Long live the king
USDT - Trusted without trust
BNB - Wild west
USDC - Trust Brian
XRP - Federation without purpose
BUSD - Trust CZ
DOGE - Started out as a joke; still a joke
ADA - Academic-paced innovation
No connection but strange how 3AC owes the same amount to creditors as @CelsiusNetwork publicly disclosed they are missing on their coin report - $2.8bn. Singapore authorities approve probe of 3AC on behalf of liquidators: Report https://t.co/7niHkfipTx via @cointelegraph
4 things I’m never doing again:
• FOMOing after a major pump
• Rotating profits into another (risky) altcoin
• Getting married to a project even if there’s better available opportunities
• Letting social media sentiment affect my bias
In crypto you either win or learn.
1) People keep asking me when @CelsiusNetwork creditors will get their money back. My best guess. In the next 2 months there may be liquidity where you can sell your claim on an exchange if you’re willing to accept 25% of your claim in $USD & it may take a further month to arrive
FYI - Advisers to the @CelsiusUcc UCC:
A. White & Case - Legal counsel
B. Perella Weinberg - Investment bankers
C. M3 Partners - Restructuring advisers
D. Elementus - Blockchain consultants
E. Kroll - website and call center to provide info to account holders
A UCC win for account holders — after the threat of depositions and a UCC objection, @CelsiusNetwork withdrew their insider retention motion. https://t.co/MCIgHQBWi9