Three of thirty-one sessions produced almost the whole of Bitcoin's 25.08% August. The other twenty-eight produced 3.3 points between them. Here is what the month actually was, measured rather than narrated. General information only, not investment advice. https://t.co/usKZLHj6fp
Three of thirty-one sessions produced almost the whole of Bitcoin's 25.08% August. The other twenty-eight produced 3.3 points between them. Here is what the month actually was, measured rather than narrated. General information only, not investment advice. https://t.co/usKZLHj6fp
People called $STRC a scam and kept hating on @saylor because he was using chatgpt/ai for a variable rate perpetual stretch preferred stock
@Strategy
Now look at it back above 98$🕯️
AI safety first:
Either the USG assumes Anthropic, OpenAi, and SpaceX’s role as buyer of compute
Or
Fed prints money to bail out insurers who hold AI debt that went bad bc there was no longer a buyer of compute
Choose one, both require printed money
Yachtzee 😘😘😘😘
I resigned from Anthropic today. I spent the last three years doing pretraining research at both OpenAI and Anthropic. Neither company is acting responsibly. They are racing straight to self-improving superintelligence and gambling with our lives. More thoughts below.
Our quantitative model just flagged $126,000 as the next Bitcoin target for the next 180 days. 📈
(Purely based on math and historical data -
not financial advice)
What’s exciting? We have multiple uncorrelated models all pointing in the exact same direction.
We are two friends from Germany building @valuedterminal. Our mission is to become the world’s leading crypto platform, focused on education and inflation hedging. 🌍💡
Bitcoin and gold are increasingly moving together:
The 90-day correlation between Bitcoin and gold prices is up to +0.50, almost matching the all-time high set during the 2020 pandemic.
This figure has more than doubled since the start of the year.
By comparison, following the 2022 bear market recovery, the 90-day correlation rose to +0.30.
The recent surge accelerated following the US Treasury announcement on August 19th that it would at least double its buybacks of long-dated government debt, from $2 billion to $4 billion per operation.
Meanwhile, the 90-day correlation between Bitcoin and the Nasdaq 100 is down to ~0.30, a 1-year low.
Investors are increasingly turning to both gold and Bitcoin as hedges against currency debasement.