cryptonite

Just here for the memes and the crypto sensei(s) out there. bag holder 💰✋🏿

[Bilawal Sidhu @bilawalsidhu]

I made a 4D god's eye replay of the Iran strikes using public OSINT data.

When I turned on the orbital layer in worldview something jumped out.

You can see satellite passes stack up over the strike zones in the hours before & after impact. Everyone was watching. Some of them were overhead before it started.

American KH-11s and TOPAZ SAR. Russian BARS-M and Persona. Chinese Gaofen optical and SAR. Maxar WorldView Legion. Airbus Pleiades. Capella. ICEYE.

That's textbook behavior -- you collect right before for targeting, you strike, then you collect again for battle damage assessment. Just wild to see it all replayed in 3D like this.

The commercial constellation density is also striking. What used to be exclusive nation state capability is now mirrored by half a dozen commercial operators. The intelligence monopoly is over.

[Ted Boydston @tboydsto]

Today marks the lowest Bitcoin transaction volume of 2024, continuing the falling trends noted last week.

Perhaps traders are waiting for the election to close?

This trend needs to reverse for price to appreciate as transaction volume correlates to price.

1/2

[Ted Boydston @tboydsto]

Bitcoin geometric mean of prior cycles is on time

[Altcoin Daily @AltcoinDaily]

Switzerland🇨🇭 unveils new statue honoring Satoshi Nakamoto, creator of #Bitcoin.

[Val Katayev @ValKatayev]

Did you know there is a shadow bank that oversees $21 TRILLION of the world's money?

It has a dominating stake in every major S&P 500 company.

It directs Trillions for the Fed, Central Banks, and Govt Treasuries.

The global financial ecosystem is ruled by this ONE COMPANY.

[Inmortal @inmortalcrypto]

You guys know that if we all tried to withdraw our money out of the bank it would collapse too?

[Jon Wu @jonwu_]

FTX was the world's 3rd largest crypto exchange.

Today it's said to be insolvent and in the midst of an acquisition by Binance.

Here's everything you need to know about Alameda Research and the collapse of FTX:

👇

[cryptonite @ronaldislit]

@SBF_FTX Ok lol

[TacoRollz @RollzTaco]

@SBF_FTX

[Miles Deutscher @milesdeutscher]

Sam Bankman-Fried was once admired as the king of crypto.

Now Alameda and FTX are rumoured to be on the brink of insolvency.

🧵: Here's how it all went wrong for SBF and FTX. 👇

[Lookonchain @lookonchain]

A giant whale transferred 23M $FTT($530M) to #Binance yesterday.

After that, the price of $FTT began to gradually decrease, from $25.4 to $22.82, a decrease of 10%.

What happeded to $FTT?

1.
Here is a thread.🧵

[Alf @MacroAlf]

Powell hikes 75 basis point and yet Nasdaq & Bitcoin are going to the moon.

What the heck?

While I disagree with the unfolding market narrative here, let me try to explain why we are witnessing such a rally.

A Fed thread.

1/

[FatMan @FatManTerra]

🧵 Su Zhu is now back in Singapore working with a law firm specializing in white collar crime. He really doesn't want to go to prison, and creditors are after him. But how did he get to this point? Where did 3AC go wrong, and what should you do next?

[Miles Deutscher @milesdeutscher]

After Celsius and 3AC tanked the market, another concerning event has started to emerge.

With nearly a billion dollars of liquidations on the line, the price of one of crypto's largest L1s is at stake.

🧵: What's happening to $SOL and @solendprotocol, and why you should care.👇

[Miles Deutscher @milesdeutscher]

We're witnessing the biggest leverage reset in crypto history.

One of crypto's largest VCs 3AC is facing insolvency, which could spell disaster for the entire space.

🧵: The ULTIMATE thread on what led to the downfall of 3AC, and what it means for the future of crypto. 👇

[Edgy - The DeFi Edge 🗡️ @thedefiedge]

One of the LARGEST Crypto Venture Capital firms:

Three Arrows Capital.

They're becoming insolvent.

With potentially $18b under management, this could be catastrophic for Crypto.

Here's a timeline of what's going on and the possible consequences:

↓↓↓

[Jack Niewold 🫡 @JackNiewold]

THE CELSIUS BLOWUP, EXPLAINED.

Huge sectors of crypto are imploding, and crypto unicorns might be coming down with it.

Luna was first, but now $10b giant Celsius is facing insolvency and even bankruptcy.

Let's dive in: