Mun

Blockchain enthusiastic

[Adam Livingston @AdamBLiv]

Bitcoin just printed 5% BELOW the 200 week moving average.

Historically, when BTC has traded this far below/near the 200 WMA, the median forward returns have been absurd:

3 months: +44%
6 months: +90%
9 months: +131%
12 months: +127%
18 months: +216%
24 months: +326%

That would imply Bitcoin going from ~$59k today to roughly:

3M: ~$85k
6M: ~$113k
9M: ~$137k
12M: ~$135k
18M: ~$188k
24M: ~$253k

The market is currently pricing Bitcoin like it wandered behind a Waffle House at 3:17 AM and lost a knife fight with a crackhead.

But the historical base rate here is very clear.

When Bitcoin gets dragged under the 200 WMA, the forward return profile stops looking like “risk” and starts looking like the market offering you a beach house because everyone else is busy vomiting into a helmet.

Volatility is the admission ticket.

The 200 WMA is where the tourists get cremated and the psychopaths start calculating retirement dates.

[Mun @MunafGuru]

@MetaMask I need one

[NoLimit @NoLimitGains]

The Trump administration has taken a direct equity stake in another US company.

The pattern of what happens next is now too consistent to ignore.

Here it is:

[Mun @MunafGuru]

@MetaMask Me

[Mun @MunafGuru]

@Realarafi @grok Yair Netanyahu

[Brian Armstrong @brian_armstrong]

It’s been a volatile few days in the crypto markets.

This is nothing new. Crypto has gone through many market cycles at this point. Personally, this doesn’t change my outlook - I don’t see how you can be anything but long-term bullish on crypto. It’s eating financial services at an incredible rate.

Coinbase is going to keep shipping through any market conditions, as we've always done. We’ve got a financial system to update.

[Stani @StaniKulechov]

Yesterday was another significant stress test to Aave's +$50B onchain lending markets.

Aave Protocol liquidated over $140M collateral across multiple networks without any issues, fully automated demontrating (yet again) the market leader protocol resiliency.

Aave will win.

[Samson Mow @Excellion]

Holy shit

[Elon Musk @elonmusk]

@beffjezos Energy is the true currency

[Sport.fun @sportfun]

$10M pledged in the $FUN ICO.

➞ Participants: 4,602
➞ Average per user: $2,216

Cool, back to work.

[Michael Saylor @saylor]

"Energy is the true currency. Bitcoin is based on energy." - @ElonMusk

[Base Hub 🛡️ @BaseHubHB]

Engage with this! 🏗

Something is coming 👀

December 17 🟦

[Mun @MunafGuru]

@basebro_ 👀

[MoonPay 🟣 @moonpay]

⚽️🏈 breaking news 🏈⚽️

MoonPay and @sportfun have teamed up to make onboarding and payments effortless for sports fans around the world

game on!

[Treasury Secretary Scott Bessent @SecScottBessent]

17 years after the white paper, the Bitcoin network is still operational and more resilient than ever. Bitcoin never shuts down.

@SenateDems could learn something from that.

[Dylan LeClair @DylanLeClair]

Metaplanet has authorized the repurchase of up to 150 million shares of its common stock.

Concurrently, the company has secured a credit facility for use up to $500 million to be utilized at the company’s discretion.

[Base Hub 🛡️ @BaseHubHB]

Engage with this! 🏗️

Something is coming 👀

Build on @Base 🟦

[Otto Suwen @OttoSuwen]

If a project held up strongly yesterday, then by definition it's one of the winners for the cycle. My @sportfun bags literally did not flinch and I will be adding a lot more exposure over the next few days.

[Stani @StaniKulechov]

Today, @aave experienced the largest stress test of its $75B+ lending infrastructure. The protocol operated flawlessly, automatically liquidating a record $180M worth of collateral in just one hour, without any human intervention.

Once again, Aave has proven its resilience.

[Abhi | AP Collective @0xAbhiP]

FDF announces Sports(.)Fun, bringing football, basketball, and more onchain

$FUN token also confirmed, launching on Base in Q4.