Eric Christopher

Real person, single dad, just trying to get by. Interested in #crypto but keeping my other account "on-brand." Mostly rts from the OGs, for now.

[Tay 💖 @tayvano_]

For the past 48hrs I've been unwinding a massive wallet draining operation 😳😭

I don't know how big it is but since Dec 2022 it's drained 5000+ ETH and ??? in tokens / NFTs / coins across 11+ chains.

Its rekt my friends & OGs who are reasonably secure.

No one knows how.

[Eric Christopher @tcrypto988]

'Banks Step Up to Serve #Crypto Firms After Signature, Silvergate Blowups' https://t.co/JKHB6Lu2lI "Crypto circles were abuzz with talk that Washington was plotting to kill crypto by cutting off its access to the banking system....Those fears have now somewhat abated." #bitcoin

[Bloomberg Crypto @crypto]

Nasdaq expects to launch crypto safekeeping services this year, joining a growing pool of traditional finance firms moving into the sector after a spate of bankruptcies https://t.co/V7hStizmnS

[Bravos Research @bravosresearch]

The banking contagion continues with Deutsche Bank stocks on a rapid decline

Its credit default swaps have surged to its highest level since 2019

[Joe Consorti @JoeConsorti]

Another $100 billion was added to the Fed's balance sheet this week 🚀

64% of nine-months-worth of QT has been undone in two weeks...

[Adam Cochran (adamscochran.eth) @adamscochran]

Oh PS - if Coinbase does indeed choose to fight the SEC as they are saying they will, then I'm:

-Moving all my purchases to Coinbase
-Moving all my trading to Coinbase
-Delegating to Coinbase staking nodes

If they go to bat for this industry, I'll vote with my wallet. 🫡

[Cointelegraph @Cointelegraph]

OK, it looks like #GPT4 is playing ball. We're a go! This is what it’s asking us to buy.

$50 to Bitcoin (#BTC)
$25 to Ethereum (#ETH)
$15 to Cosmos (#ATOM)
$10 to an NFT or Web3-related project 🤔

[Eric Christopher @tcrypto988]

@Nebraskangooner Whatever you are anticipating, it is going to be harder. You will not sleep, chaos will rule, and on any given day they will wake up and choose violence. It will also be so, so much fun. Parenting advice: When it feels impossible, don't forget that.

[Brian Armstrong @brian_armstrong]

1/ Today Coinbase received a Wells notice from the SEC focused on staking and asset listings. A Wells notice typically precedes an enforcement action.

[Eric Christopher @tcrypto988]

Interesting...

[Benjamin Cowen @benjamincowen]

The press release no longer has “ongoing increases in the target range will be appropriate,” but instead “The Committee will closely monitor incoming information.”

[Eric Christopher @tcrypto988]

How can you describe it as a magnate when there is so much resistance to get through to get there? (Honest Q.) #crypto #bitcoin

[K A L E O @CryptoKaleo]

#Bitcoin / $BTC

This is your daily reminder that $40K is a magnet.

Do you believe me yet?

[Eric Christopher @tcrypto988]

But does anyone know why? #crypto #bitcoin

[Bloomberg Crypto @crypto]

Bitcoin tops $28,000 for the first time since June 2022 https://t.co/BbdO1yRGSO

[Bravos Research @bravosresearch]

Downward momentum in the market is dominant

Break below rising channel ✅

MACD in bearish zone ✅

Financial crisis ✅

[Bravos Research @bravosresearch]

The SP500 is following the EXACT footsteps of every major bear market since 1960

A thread 🧵

[sassal.eth/acc 🦇🔊 @sassal0x]

It seems Microsoft is adding a crypto wallet to their Edge browser 👀

[Eric Christopher @tcrypto988]

How is this happening on the precipice of bank runs and a financial meltdown? (Honest Q.) What happens if another string of banks fail? Why aren't people buying risk assets concerned about that possibility, which looks so real right now? #crypto #bitcoin

[K A L E O @CryptoKaleo]

#Bitcoin / $BTC

Breaking above resistance on a Friday.

Acceleration begins soon.

[Justin Bennett @JustinBennettFX]

While I think we see a bit higher from #crypto before lower, equities look awful.

Nothing on the charts says the bottom is in for risk markets; just the opposite.

$DJI 👇

[Adam Cochran (adamscochran.eth) @adamscochran]

This really is starting to feel like we’re in the Bear Sterns phase.

Small banks fail, something goes bum in the night, bailouts and acquisitions, markets sigh with relief, and then just a few months later the underlying stress finally catches up with us for Lehman..

[Eric Christopher @tcrypto988]

This feels accurate. #crypto #bitcoin

[sassal.eth/acc 🦇🔊 @sassal0x]

Unpopular opinion: no one is buying crypto right now to hedge against bank failures

They are buying crypto because they think other people are buying crypto to hedge against bank failures

Mistaking narratives for reality is how you become exit liquidity

[Eric Christopher @tcrypto988]

I don't trust it. #crypto #bitcoin

[Caleb Franzen @CalebFranzen]

Within a week of the second and third largest bank failures/shutdowns in U.S. history, #Bitcoin is continuing to make new YTD highs.

Currently $26.7k.

I think a lot of bulls are even scratching their head w/ this price action.

Quite the trajectory since the November'22 lows.