Kyoshi

Web3 | DeFi | On-Chain Research
Exploring the future of decentralized systems.

[Kyoshi @kyoshiworld]

@_Rosneathian_ @0xSweep that's insane...

[Kyoshi @kyoshiworld]

@aidentaxevadin @0xSweep really ? damn...

[Kyoshi @kyoshiworld]

@saylordocs I mean... “priceless” is a pretty big claim. 0.01 BTC is still around $1,000+ at current prices, so I get why he's bullish, but saying it'll be “priceless” in two years is a whole different bet...

[Kyoshi @kyoshiworld]

@CoinMarketCap If more people start using BTC as an alternative store of value, it could take some pressure off the dollar over time. US basically doesn't need bitcoin to replace the dollar it might be more useful as a parallel asset alongside it...

[Kyoshi @kyoshiworld]

@coinbureau that aged pretty badly...honestly.. this is a good reminder that even smart investors can get the timing completely wrong.

being right about when the market being overvalued doesn't mean you'll be right about when it actually comes down.

[Kyoshi @kyoshiworld]

@WatcherGuru stronger yuan usually means weaker dollar and that can have a pretty big impact on global markets....

[Kyoshi @kyoshiworld]

@shub0414 wow...what a tech..

[Kyoshi @kyoshiworld]

@alpaysh wait..what ?😭😂

[Kyoshi @kyoshiworld]

pretty bad signal for the european economy... rising unemployment usually means weaker consumer spending and a weaker economy overall...If this keeps getting worse, the ECB might have to get more aggressive with rate cuts... maybe europe could be heading into a pretty rough slowdown...

[Kyoshi @kyoshiworld]

@TedPillows man.. this getting worse ☹️

[Kyoshi @kyoshiworld]

@traderbyz nahh I think it still pretty lame...I mean AI has change the investors perspective to put more money in it than crypto...

[Kyoshi @kyoshiworld]

@Samaytwt I'm in Gmail team...but sometime I kinda hate gmail with their 2FA...

[Kyoshi @kyoshiworld]

@BullTheoryio this could getting worse pretty fast... If the Strait of Hormuz stays restricted, oil supply gets hit and energy prices could react hard... and if oil stays elevated inflation becomes another problem for central banks...

[Kyoshi @kyoshiworld]

@WatcherGuru well yeah... I guess this could change the whole setup for markets... weak jobs = less reason for the Fed to stay hawkish... I think I'm gonna watching how markets react to the next few jobs and inflation reports...

[Kyoshi @kyoshiworld]

@WhaleInsider $86.71M just into IBIT in one day... that's crazy... and this is already the 5th straight day of inflows for US spot BTC ETFs...BlackRock pulled in around $693M over the past 5 days btw...

[Kyoshi @kyoshiworld]

@lynk0x the fourth...never get the dip

[Kyoshi @kyoshiworld]

Honestly... this is literally a bad sign for the crypto market... AI is becoming a much more attractive place for big capital right now... Maybe crypto devs need to give investors a better reason to stay...

[Kyoshi @kyoshiworld]

Crypto trading has been slowing down pretty hard lately...

combined spot and derivatives volume fell 3.45% to $4.41T in may. while spot volume dropped to $963B, its lowest monthly level since October 2023... and also derivatives market still made up 78.2% of total activity. What’s interesting is that investor attention is shifting toward AI driven stocks... which is also putting a lot of pressure on crypto market activity... I think the smart money isn’t leaving the market yet but slowly moving toward AI right now...

[Kyoshi @kyoshiworld]

USDT is getting pushed out of Europe and honestly this is pretty interesting....

MICA is forcing some exchanges to delist USDT, but at the same time regulated stablecoins are actually growing. I mean USDT is still massive for now, so I don't think this means it's suddenly going anywhere for sure..

but it does make me wonder tbh...

are we slowly moving into a market where regulation decides which stablecoins actually survive ?? because if that's where this is going, I think the stablecoin market is about to look very different don't you think ?