Phoenix

Crypto and only Crypto

[Phoenix @Phoenix2506]

@cryptoquant_com @CW8900 @grok what does this chart show?

[Phoenix @Phoenix2506]

If you buy MSTR now, you get Bitcoin exposure at current (depressed?) prices plus an option for free that Michael Saylor is successful in transferring liquidity from global bond markets into BTCs for Strategy shareholders.

[Phoenix @Phoenix2506]

Another way to look at this:
If you buy #MSTR here, you are basically buying #BTC at nearly 300k....

[Phoenix @Phoenix2506]

@Mattsolid87 I guess LTCC is not yet available on all trading platforms. This will take a few days or even weeks as we have seen with BTC and ETH. Slow and steady is good.

[Phoenix @Phoenix2506]

Litecoin ETF - let's go!

[Litecoin Foundation ⚡️ @LTCFoundation]

Canary Capital has just filed form 8-A with the SEC for the Canary Litecoin ETF to be listed on the @Nasdaq. Indicating that a launch is imminent and trading could soon commence. (NASDAQ:LTCC)

Source: https://t.co/bvZW2tiROn

[Phoenix @Phoenix2506]

If you ever thought about exposure to altcoins, you should get it now!

[Eric Balchunas @EricBalchunas]

BOOM: SEC has approved the generic listings standards that will clear way for spot crypto ETFs to launch (without going through all this bs every time) under '33 Act so long as they have futures on Coinbase, which currently incl about 12-15 coins.

[Phoenix @Phoenix2506]

Top10 equivalent should still be easy to achievefor you, but I think you have to hurry. Litecoin price will probably not come down any more....

[Luxxfolio Holdings @LuxxfolioH]

💥FUN FACT:
When measured by % of circulating supply and BTC equivalence, Luxxfolio would rank just ahead of #15 on the Bitcoin Treasuries list.
$LUXX $LUXFF $LTC

[Phoenix @Phoenix2506]

Follow the Litecoin Treasury Company!!!

[Luxxfolio Holdings @LuxxfolioH]

Holding 20,084 Litecoin is cool.
Having 20,084 followers would be cool too.
Let’s see how long it takes.

[Luxxfolio Holdings @LuxxfolioH]

📣Announcement:
Luxxfolio ($LUXX $LUXFF) announces a $2.5M non-brokered private placement to drive growth in the Litecoin ecosystem.

Learn more:
https://t.co/ciWouWgWWQ

[Phoenix @Phoenix2506]

To my knowledge this is the first publicly listed company that has announced a Litecoin Treasury Strategy. Reminds me of the time in August 2020 when Michael Saylor announced that he had bought Bitcoin as Treasury asset for Microstrategy at about 10k per Bitcoin. Lets see what happens to LTC

[Omied @omieds]

Luxxfolio (CSE: LUXX) unveils its Spring 2025 Investor Presentation.

Focused on building clean-energy mining, an on-chain Litecoin treasury, and supporting native stablecoins & smart contracts.

Building the future with Litecoin.

Explore the presentation here: 🧵

[Phoenix @Phoenix2506]

The ultimate bull case for Bitcoin, Litecoin and Ethereum:
More than 200bn worldwide is parked in stablecoins linked to US-Dollar. Almost 150bn in USDT, more than 60bn in USDC... What will people do when they realize that their stablecoin is linked to an asset that is not stable, but decreases in value every day? The hurdle to switch to real crypto assets is low in my opinion, but the impact on price will be huge!

[Phoenix @Phoenix2506]

Just a matter of time until Litecoin ETF

[Litecoin Foundation ⚡️ @LTCFoundation]

🚨BREAKING: @CanaryFunds Litecoin ETF has been listed on the Depository Trust and Clearing Corporation system under the ticker LTCC! The DTCC is key part of global financial markets and processes trillions of dollars in securities transactions each day.

[Phoenix @Phoenix2506]

Thid account is really adding value! Recommend to follow!

[Bitcoin Laws @Bitcoin_Laws]

UTAH Update:

UT takes a commanding lead in the Bitcoin Reserve Race.

Today HB230 passed the Senate Revenue and Taxation Committee.

The Senate will now hold a 2nd reading. Then a 3rd reading, then a final vote.

Then the final step is the Governor signing into law.

[Litecoin @litecoin]

October 2021, letter from CEL signed.
November of 2021, contact between CEL and Litecoin Foundation commenced regarding assistance.
Six months of meetings/consulting starting in January of 2022
June/July of 2022: Radio silence from CEL and Bitcoin is steamrolled ahead & fully Bitcoin only.

15 MW of Bitcoin mining rigs were planned for containers. The foundation's request was a more than reasonable monthly advisor fee and 1 container of Litecoin mining rigs to be added within the El Salvador mining operations at some point during the advisory process.

During this advisory time, the Litecoin Foundation were told about the lack of excitement around Chivo wallet, Strike, and the fact others were jumping all over them from different crypto communities, including Bitcoiners, trying to get involved and get some press from the positive things President Bukele was trying to implement for the country. The foundation was honored to have been sought out as a trusted source that would understand the overall benefit to implementing the complex operations they were aspiring to do and not undercut or take advantage of Bitcoin or the El Salvadoran government.

The fact there was zero communication after June and the ramping up of a 'Bitcoin only country' campaign was in full swing, it was clear a person or group of persons had overtaken the efforts and squeezed the Foundation out of the picture. No transparency. Nothing fair about it. All Bitcoin driven.

Even so, Bitcoin and Litecoin is a strong complementary union when the strengths of both are taken together. But that's not what those who run the Bitcoin narrative desire then or now.

Litecoin supports Bitcoin and a US strategic crypto reserve, but it doesn't support underhandedness, intentional suppression of a free market, and the politicizing of a decentralized future of money that can be used by every country, company, and individual.

This was one instance and a fairly big one to feature, but felt the need to share in order to back up such a claim.

I know there are apparently too many big words for you in here to read Jack, but it's the truth. So I added a couple of pictures for you to make it easier. There's crayons in the back of the room if you want to color it in later, but no eating them. Other kids in the class will want to use them as well.

Have a great Sunday everyone.

[Litecoin Foundation ⚡️ @LTCFoundation]

WRAPPED LITECOIN "WLTC" lets you enjoy all the benefits of #Litecoin with the flexibility of #Ethereum’s #DeFi ecosystem! 🌐 Trade, stake, or use it in smart contracts—all while backed 1:1 by real LTC Visit https://t.co/0MUuDapvuy and dive into the future of cross-chain assets! 🌍

[Phoenix @Phoenix2506]

So cool! #Dash Evolution!

[Dash @Dashpay]

We’re proud to announce the launch of the DashPay wallet to all Android users!

You can now register a username and add other users to your contact list, all on the blockchain. 👀

Here's how it works:

1⃣ Download DashPay from the Play Store

Go to the Google Play Store and look up "DashPay". Download and install.

iOS will be coming next year, so iPhone users, watch out for that!

2⃣ Get Some Dash

Obviously you need Dash in order to send some, but also, you need to pay a small fee in order to register the username on the network.

Transfer some Dash into the wallet, or buy some with the built-in on-ramps. When you do this and the wallet is fully-synced, you should see an option to join DashPay appear.

3⃣ (recommended) Enable CoinJoin

You don't have to do this step, but you probably should. In order to maintain your privacy, enable the CoinJoin option to break linkage between your funds and the username registration transaction.

Go to the menu, then settings, select the CoinJoin option, pick your desired level of privacy, then press "start mixing". Let it run in the background until done (under settings enable running in the background).

A big advantage over Dash's username setup over others is privacy. It acts as a stealth address and generates new one-time payment addresses automatically, without publicly exposing them. Combined with CoinJoin, this is a very robust privacy setup for your digital cash!

4⃣ Register Your Username

Once you have funds ready to go, join DashPay and register your username!

NOTE! If you want to register a long username ("thefearlesskangaroo") or one with more numbers than 0 and/or 1 ("cooldude69420"), you get it immediately, for a very small fee, about 2 cents right now.

But if you want a premium username ("john" or "khal" or "starbucks"), you need to pay 0.2 Dash (~$10), and a two-week waiting period kicks off while the masternodes vote to see if you can get the username. This is to prevent impersonation, scamming, and someone just buying up all the good names to resell for huge prices later.

Of course, it's recommended that you get a really nice username and wait two weeks, but if you need to start adding contacts right away (or don't care to have a particularly unique name), you can get the regular, non-premium kind.

Once you have your username, look up other users in the contacts window and add them as friends. Once a contact is formed, you can send private payments easily to the username.

And remember: iOS support is coming soon, as are extra features such as the ability to register multiple usernames, transfer names, and more, so keep checking back for more cool features over the next year or so.

Welcome to the new era of digital cash: private, instant, easy to use, intuitive, just works.

Welcome to Evolution. 🧬

[Phoenix @Phoenix2506]

Another way to look at this:
If you buy #MSTR here, you are basically buying #BTC at nearly 300k....

[BitMEX Research @BitMEX_Jon]

MicroStrategy’s Premium – We did the Ponzi Maths!

$MSTR has a market capitalisation of over $100 billion and trades at a giant premium to the value of its Bitcoin holdings, around 256% on a fully diluted basis. This premium is insane, perhaps in part driven by some financial regulators banning people from buying Bitcoin ETFs. These people are so desperate for Bitcoin exposure, they buy MSTR instead, despite the premium.

There is some "justification" for the premium to NAV however, even if the Bitcoin price remains unchanged. MSTR has this “yield strategy”. Since MSTR trades at a premium, the company can issue new shares and purchase more Bitcoin. This then increases the Bitcoin per share. If the premium persists, the company can keep issuing new shares until the value of the Bitcoin per share equals the current share price of $474. (It is up again 10% pre-market).

Based on this, we calculated how many shares and at what price the company would need to issue them, to make the value of Bitcoin per share equal the current value of $474. We used an iterative calculation method.

Assumptions
· The Bitcoin price remains flat at $97,600
· The fully diluted MSTR premium to NAV remains flat at 256%
· MSTR raises all the money from equity offerings, in batches of 1 million shares

Results:
· MSTR needs to issue 157 million shares
· MSTR needs to raise $157 billion
· The share price will be $1,685 per share
· The market cap will be $674 billion
· MSTR will hold 1.9 million Bitcoin

Are these numbers reasonable? And remember, at that point, with a $1,685 share price, people may need to think the premium will still remain for another round of this.

See our spreadsheet below:

[Phoenix @Phoenix2506]

Big news! Starting today, Litecoin can be swapped to WLTC which is simply a 1:1 token on the Ethereum network. This opens up the whole Decentralized Finance space to holders of Litecoin who want to earn yield using their LTC holdings. https://t.co/weAtXUnoUY

[Litecoin Foundation ⚡️ @LTCFoundation]

https://t.co/cTw3ArQ19R

[Phoenix @Phoenix2506]

@paddi_hansen @KaikoData Patrick, do you know, what is the reason that Tether is non-compliant?

[Phoenix @Phoenix2506]

Almost as old as Bitcoin! #MeinXJubiläum

[Phoenix @Phoenix2506]

While plebs hype #Solana, good old #Dash has build something really special!

[Dash @Dashpay]

Full basic breakdown of Evolution here. We're immensely proud of what we've done!
https://t.co/AyM5P0MrT2