Prathaamesh Bhaskar

Web3 Investments

[Marc Baumann 🌔 @marcb_xyz]

🚨JUST-IN: @Sony launches stablecoin & declares war on @Visa

Sony Bank is launching a USD stablecoin in the United States.

But this is not a "crypto" story.

The objective is explicit:

Unify payments across PlayStation, Sony Music, and Sony Pictures on a proprietary rail.

Here is the math that Visa and Mastercard are afraid of:

Sony generates over $85 billion in annual revenue. Approximately 30% comes from the U.S. market.

Every digital subscription and game download pays a ~2-3% interchange tax.

By routing payments through its own stablecoin on its own Layer-2 (Soneium), Sony is not trying to "adopt web3."

They are attempting to reclaim hundreds of millions in pure EBITDA.

Here's why:

The market has largely dismissed Soneium as a commercial failure.

They point to a lack of organic traction.

It doesn't matter.

Sony is building industrial infrastructure.

They do not need to court crypto natives.

They have 116 million active PlayStation users.

They own the hardware. They own the content. They own the distribution.

And now, with Bastion handling the regulatory stack, they own the money.

Their vision: a closed-loop economy.

If Sony succeeds in moving even 20% of its transactional volume to Soneium, the becomes a blueprint for every major media conglomerate.

Disney. Netflix. Microsoft.

The race to zero interchange fees has begun.

What's your take?

[CoinSwitch: India's Simplest Crypto App 🚀 @CoinSwitch]

WE ARE COMING TO @IBWofficial! 🚀

#ibw2025

[India Blockchain Week (IBW) Conference @IBWofficial]

India’s largest crypto trading platform, @CoinSwitch, joins the #IBW2025 conference as a Gold Sponsor.

With over 2.5 crore users and 380+ coins listed, CoinSwitch has made crypto trading simple, secure, and accessible for everyone right from first-time investors to seasoned traders.

Backed by global names like @a16z, @cbventures, Tiger Global, and @sequoia India, they continue to power India’s growing web3 ecosystem.

Excited to have them with us this December, tickets: https://t.co/hh8MeW0KUq

[Sunil Aggarwal @Trustmachines]

Be ready for this geopolitical game:-
1. America cannot play the gold anchoring scheme for dollar as it knows that Asia and particularly China is far ahead in this game.
2. So, it is worried now that people are running for gold and silver which basically means dollar losing control.
3. How to stop people from running towards gold and silver?
4. Make them run in different direction.
5. That is where crypto comes.
6. There are over a million trading pairs in crypto.
7. Majority of these altcoins have a stablecoin on one side of the pair.
8. If crypto bull wave comes, people will move from one coin to another coin.
9. That means more usage of stablecoin bridge.
10. All $ stablecoins are nothing but hyper-dollarization of crypto economy.
11. Without crypto bull wave, the US cannot stop people from moving out of dollar.
12. This is the only game that will save America.
13. What has been happening in terms of long crypto winter is a deliberately manufactured trend.
14. Large token price rise and fall is not new. Go back 5-12 years. Same thing happened in Bitcoin. From $1200 to $50 in 2012-13.
15. Same thing to Bitcoin from $20,000 to $3300 in 2018-20.
16. Same thing for Ether from $1400 to $83 in 2017.
17. Same thing for Ether from $4400 to below $1800 in 2021-2024.
18. It is the same old trend. Crush the prices so that middle class investors move out of the asset class so that big investors can buy them at dirt cheap prices.
19. If you understand time and price movements, America is going to play the same game for altcoins now.
20. Crypto winter is about to end because 90% of altcoins are down 90-99% from ATH for over 3-5 years.
21. This is the time for market players to reverse the game now.
22. Riding the stablecoin liquidity, this game is about to change.
23. America is doing it for its own selfish interests.
24. No country can fight massive crypto bull wave.
25. Confuse the world and rule the world is the new mantra.
26. Just wait and see this game in next few months.

[ELI5 of TLDR @eli5oftldr]

Why the rising gold price is bad for you if you are not a billionaire

[The Kobeissi Letter @KobeissiLetter]

The AI Revolution is WAY bigger than you think:

The Nvidia-OpenAI deal is colossal, and its implications will be widespread.

Nvidia investing up to $100 billion in OpenAI entirely for one reason: MORE compute.

The goal is to build and deploy at least 10 gigawatts of Nvidia systems to run the next generation of OpenAI models.

On September 18th, OpenAI and Oracle announced a $300 BILLION deal for the same reason: MORE compute.

This comes just days after Nvidia's $5 billion investment in Intel.

The investment in compute will flow downstream and spur incremental investment in various components of the AI Revolution.

And, don't forget the most important part, exponential growth of AI will soon be entirely reliant on energy.

Electricity is now the world's most crucial commodity.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: China has officially banned companies from purchasing Nvidia's, $NVDA, chips.

Nvidia has become a pawn in the US-China trade war.

[Prathaamesh Bhaskar @Prathameshrocco]

@versatile_amit @apoorav_vyas

[Prathaamesh Bhaskar @Prathameshrocco]

@NareshKx Delhi

[Prathaamesh Bhaskar @Prathameshrocco]

💻 2,251 blockchain startups registered by June 2024. The Web3 ecosystem is thriving!

🏧 1/3 of Indonesia’s 280M population is unbanked. That’s a massive untapped market for crypto adoption.

[Prathaamesh Bhaskar @Prathameshrocco]

👥 28.52M crypto users in 2024, with >10% user penetration. This is a nation embracing digital assets! #CryptoAdoption

💰 DEXs dominate with 43% of transactions, and DeFi makes up 15.5%—both above global averages. #DeFi #DEX

[Milk Road @milkroaddaily]

Memecoins explained

[Prathaamesh Bhaskar @Prathameshrocco]

Trump announced a U.S. crypto reserve consisting of XRP, ADA, and SOL. Post that SOL's price has surged nearly 25%, rising from $141 to $173. BTC and ETH were also added to the reserve, strengthening the core of DeFi.

#Trump #Solana #CardanoCommunity #XRP #Crypto

[FanTV AI @FanTV_official]

https://t.co/06Qy0lJxf4

[flow @tradetheflow_]

https://t.co/wzWV8fMhoo

[Prathaamesh Bhaskar @Prathameshrocco]

@ModestusOkoye Tokenomics
Team
Product
Community
Growth Catalyst of the Token

[Nick Tomaino @NTmoney]

https://t.co/navTnr4utU

[TradeDog | Crypto Market Research @TradedogCrypto]

Leading the Way: Ithaca Protocol and Crypto Options Trading 🚀

@IthacaProtocol is a non-custodial options protocol founded by a former @GoldmanSachs partner and an @ambergroup_io executive, with backing from Cumberland and @wintermute_t.

It is the first in the industry to offer executable prices for a wide range of options, including vanilla options, digital options, option strategies, forwards, and structured products, covering over 250 prices across various strike prices and expiration dates.

Ithaca's auction-based matching engine enhances liquidity and order efficiency, enabling users to tailor their exposure to any expected market move. The platform democratizes access to risk-sharing engineering, previously limited to market makers and exotic trading desks, across DeFi, CeFi, and TradFi sectors.

Read the full blog to learn more about Ithaca Protocol and the future of options trading here - https://t.co/Glrum4FH0l

#Crypto #OptionsTrading #IthacaProtocol #DeFi #CeFi #TradFi #Blockchain #FinancialInnovation #CryptoNews

[Prathaamesh Bhaskar @Prathameshrocco]

@animocabrands Transparency