Brow

[Brow @pacc_brow]

@DetectiveFUT Does he fit? He has 4 positions (RM, LM, CAM and ST)

[CoinDesk @CoinDesk]

Base, the #Ethereum layer-2 network from U.S. crypto exchange @Coinbase, sees its “Onchain Summer” promotion get the participation of over 2 million unique wallets, resulting in over $5 million in mint revenue to creators.

https://t.co/szC0oyx4sz

[jesse.base.eth @jessepollak]

$10 million down, $1 trillion to go

[Ash Crypto @AshCrypto]

IF YOU'RE WORRIED ABOUT BTC
PRICE ACTION, READ THIS 🚨 

SINCE MAKING ITS TOP AT $74K
IN MARCH, BTC HAS BEEN ON A
DOWNTREND 

BTC PRICE ACTION HAS AFFECTED
ALTS A LOT AS MOST OF THEM ARE
DOWN 50%-80% FROM THEIR Q1
HIGHS

BUT THIS HAS ALWAYS BEEN THE CASE

AFTER EACH HALVING, BTC GOES SIDEWAYS FOR A PROLONGED PERIOD OF TIME

IN 2016, BTC WENT SIDEWAYS FOR 161 DAYS AFTER HALVING 

IN 2020, BTC WENT SIDEWAYS FOR 175 DAYS AFTER HALVING 

RIGHT NOW, BTC IS GOING SIDEWAYS FROM 119 DAYS

BUT THERE ARE A FEW BULLISH THINGS HAPPENING ON WHICH MOST OF US ARE NOT PAYING ATTENTION 

FOR AN ASSET TO PUMP, THE SUPPLY SHOULD GO DOWN WHILE DEMAND SHOULD RISE 

LET'S TALK ABOUT THE SUPPLY SIDE OF BTC 👇

➬ SINCE JULY, ETFs AND ACCUMULATION ADDRESSES HAVE BOUGHT 450,000 BTC

➬ BITCOIN SUPPLY ON EXCHANGES IS NOW AT ITS LOWEST LEVEL IN 6 YEARS

➬ BITCOIN LONG-TERM HOLDERS ACCUMULATION IS AT ITS HIGHEST LEVEL IN 15 MONTHS

➬ 45% OF BTC SUPPLY HASN'T MOVED IN 6 MONTHS

ALL THESE METRICS ARE INDICATING TOWARDS AN UPCOMING SUPPLY CRUNCH
ALONG WITH THAT

➮ MICROSTRATEGY IS BUYING $2B WORTH OF BTC

➮ MARATHON IS BUYING $300M WORTH OF BTC

➮ BLACKROCK AND OTHER FINANCIAL INSTITUTIONS ARE ACCUMULATING CONTINUOUSLY 

NOW, WHAT ABOUT THE DEMAND SIDE?

AS WE KNOW, DEMAND WILL START PICKING BY Q4 AS SOME MAJOR EVENTS WILL TAKE PLACE

➜ FED RATE CUT WILL BEGIN

➜ GLOBAL QE WILL START OTHERWISE THERE'LL BE A RISK ON GLOBAL RECESSION 

➜ RUSSIA INTERNATIONAL TRADE WITH CRYPTO begin

➜ FASB RULE WILL BE IMPLEMENTED THAT WILL ALLOW $3T+ OF CORPORATE CASH TO BE INVESTED INTO BTC

ALL THESE EVENTS WILL INCREASE THE LIQUIDITY, AND ALONG WITH BTC SUPPLY CRUNCH, A PARABOLIC RUN WILL START

[Vik Sharɱa - Cake Wallet & Radar Chat 🇺🇸 📡 @vikrantnyc]

Why is everyone panicking? Everything is going just like the past with #bitcoin

[Brow @pacc_brow]

Based 👀

[Ai Business Journal @ArchieIntel]

🩸🇺🇸BREAKING: At least SIX trading platforms are down:

• Citi
• Fidelity
• E-Trade
• Vanguard
• TD Ameritrade
• Charles Schwab

[Watcher.Guru @WatcherGuru]

JUST IN: 🇪🇺 Ferrari to accept #Bitcoin & Ethereum payments in Europe.

[Crypto Rover @cryptorover]

💥BREAKING: After 90 minutes the Spot #Ethereum ETF have already done over $361,000,000 in volume! 🚀

[Coinbase 🛡️ @coinbase]

ETH ETFs have arrived.

Today, the SEC approved 9 spot ETH ETF applications. Their much celebrated arrival marks another important milestone for crypto in expanding access to and diversifying our cryptoeconomy.

Here’s why 🧵

[Watcher.Guru @WatcherGuru]

BREAKING: 🇺🇸 SEC officially approves spot Ethereum ETF trading for tomorrow.

[Ash Crypto @AshCrypto]

$𝟭𝟲,𝟬𝟬𝟬,𝟬𝟬𝟬,𝟬𝟬𝟬 𝗜𝗡 𝗦𝗧𝗔𝗕𝗟𝗘𝗖𝗢𝗜𝗡 𝗟𝗜𝗤𝗨𝗜𝗗𝗜𝗧𝗬 𝗪𝗜𝗟𝗟 𝗘𝗡𝗧𝗘𝗥 𝗧𝗛𝗘 𝗠𝗔𝗥𝗞𝗘𝗧 🚨 

PEOPLE ARE WORRIED ABOUT MT. GOX DUMP AND THE OTHER BEARISH FACTORS, BUT THERE'S SOMETHING THAT WILL TAKE THE CRYPTO MARKET TO NEW HIGHS. 

THE FTX IS PLANNING TO DISTRIBUTE MORE THAN $16 BILLION TO ITS CREDITORS

HERE'S THE TIMELINE 👇

➜ AUGUST 16: VOTING DEADLINE FOR FTX CUSTOMERS

➜ OCTOBER 7: JUDGE DORSEY’S DECISION ON PLAN APPROVAL

IF THE COURT APPROVES, FTX WILL REIMBURSE CREDITORS WITHIN TWO MONTHS.

AS PER THE TIMELINE, THIS'LL OCCUR IN Q4 2024 TO Q1 2025.

THIS PERFECTLY MATCHES WITH OTHER BULLISH FACTORS LIKE RATE CUTS, FASB ACCOUNTING RULE IMPLEMENTATION, AND US ELECTION RESULTS.

GIVEN THAT MOST OF THE FTX CUSTOMERS WERE CRYPTO BROS, A HUGE CHUNK OF $16 BILLION WILL ENTER THE CRYPTO MARKET
THIS WILL BE THE BIGGEST CATALYST FOR HIGHER PRICES.

BTC WILL GO ABOVE $120K, ETH WILL GO ABOVE $12K, AND MANY OTHER ALTS WILL PUMP 10X-50X

IF YOU FIND THIS CONTENT INTERESTING, HIT LIKE AND REPOST IT

[poet.base.eth @1CrypticPoet]

Bullish on @base's growth‼️📈

[SolCex @SolCex_Exchange]

VanEck officially files for spot Solana ETF.

@solana is the future 🔥

[Phantom @phantom]

Solana Actions and Blinks are smooth as 🧈 with Phantom

Make on-chain transactions without leaving your 𝕏 feed.

It’s fast, easy, and secure.

[Brow @pacc_brow]

@1CrypticPoet Well said!

[jesse.base.eth @jessepollak]

with the internet, we had to deploy hardware to people to get them online - very slow

with crypto, it's just a software update to get them onchain - much faster

people will be shocked at how fast we speed run the final stages of global onchain adoption