VirtuaIbacon

Crypto and macro in plain English. Every day: the levels I am watching and the positions I actually hold. No hype. Livestreams Mon-Fri.

[VirtuaIbacon @virtuaIlbacon_]

Catch me on the rollup for quantum/privacy day. The chads are plugged in covering the most important narrative of this year

[The Rollup @therollupco]

🚨LIVE: TOKEN2049 DAY 2. Quantum + Privacy Day From Singapore! Interviewing Illia Polosukhin, Eli Ben-Sasson, Kain Warwick, Tom Schmidt & More https://t.co/d7Lda17Za3

[VirtuaIbacon @virtuaIlbacon_]

update on $QTC. Can scale into a high 6 figure size with that LP and still only 32M circulating MC. Quantum day today

[VirtuaIbacon @virtuaIlbacon_]

Now seems like the perfect time to shill the industry into a new quantum bitcoin

[VirtuaIbacon @virtuaIlbacon_]

JUST IN: The US government dropped two crypto reporting proposals.

- FinCEN would have made banks and exchanges report transfers over $10,000 to self-custody wallets
- A 2023 proposal aimed at crypto mixers is gone too
- Neither ever took effect

Your own wallet gets no new rule

[VirtuaIbacon @virtuaIlbacon_]

Altcoin season is not here yet. Since the Bitcoin bottom, the average altcoin is only about 10% ahead of Bitcoin, and on the ratio chart that still looks pretty flat

[VirtuaIbacon @virtuaIlbacon_]

Alts used to rally right when Bitcoin hit a new all-time high. It worked in 2017 and late 2020.

In 2024 it trapped everybody. Bitcoin broke its old high and alts kept bleeding against it. So I trade alt rallies, I don't wait for the ATH

[VirtuaIbacon @virtuaIlbacon_]

Since Bitcoin bottomed, the average altcoin is only about 10% ahead of it. Venice and Quant ran, but most coins are still cheap. That's the start of a move, not alt season yet

[VirtuaIbacon @virtuaIlbacon_]

Fetch and Render are still S-tier AI coins, and they're still cheap. They're just not popular right now because they're not announcing news.

I don't hold either one. I can't hold a hundred coins, so I pick some and stick to them

[VirtuaIbacon @virtuaIlbacon_]

Ten years later it's still the only thing I'd say you can just buy and hold. Next to AI stocks it's cheap, and most of TradFi has written it off

[Watcher.Guru @WatcherGuru]

FUN FACT: 10 years ago today, Bitcoin was $612

[VirtuaIbacon @virtuaIlbacon_]

A coin I like is a weak signal on its own. A doxed team, a real exchange listing or a layer 1 backing it counts for more. I don't talk to every team, so I put a little money in and tell you it could go down

[VirtuaIbacon @virtuaIlbacon_]

Tether is backing a new project for private USDT transfers you can swap straight to Bitcoin. Anything Tether backs has close to infinite money, and Plasma and Stable both did well. If it does a token sale, I'm interested

[VirtuaIbacon @virtuaIlbacon_]

90K isn't one clean resistance line for Bitcoin. It's the middle of a block from 87K to 93.5K, and we're only above it after 93-94K. The next blocks are 100-104K and 119-124K.

I don't trade those levels. I'm not selling my Bitcoin, I take profit on alts when they pump

[VirtuaIbacon @virtuaIlbacon_]

Not bullish or bearish for XRP on its own. The trade is the share price vs the 473M XRP it holds. StablecoinX fell after its merger, then repriced up once people saw it traded below what it held

[evernorthxrp @evernorthxrp]

Armada Acquisition Corp. II shareholders have approved the business combination with Evernorth. Thank you to every shareholder who voted, and to the XRP community that has followed every step.

Expected next:

Oct 7: Closing
Oct 8: Nasdaq trading under XRPN

At closing, Evernorth expects to hold approximately 473 million XRP, making it the largest publicly traded pure-play XRP treasury company. Completion remains subject to customary closing conditions, and trading is subject to Nasdaq listing approval.

Full release: https://t.co/aWUJwUPHQ2

This content is for informational purposes only and does not constitute investment advice. This content may contain forward-looking statements that involve risks and uncertainties; actual results may differ materially. Digital assets involve risk, including potential loss of principal. Learn more about Evernorth: https://t.co/sqMogIjc8O.

[VirtuaIbacon @virtuaIlbacon_]

looks like $QTC coming next week. honestly think safetrade price is a bit overhyped now and the liquidity might not sustain at that price. treating it as pre-market price and will wait till trading starts on near to decide if ape

[Quantus @QuantusNetwork]

48 Hours

Quantum Secure Encrypted Money

[VirtuaIbacon @virtuaIlbacon_]

I hold six altcoins, because past ten I can't keep track

[VirtuaIbacon @virtuaIlbacon_]

Since my bull run video, I haven't made a single bearish one. I'm either totally right or totally wrong, but at least I'm not noisy

[VirtualBacon @virtualbacon]

☕️ GM! Here are the most important market events over the last 24 hours:

🌍Market Overview:

🔸 The G7 agreed Friday to release 100M barrels of reserves over four months, frontloading diesel in the first 20 days with U.S. diesel at $6.37 a gallon. Cheaper fuel would ease inflation pressure on rates. #Markets

🔸 Nvidia hit a record $237.88 on Friday, its first record since May, lifting its market value to roughly $5.7T, the largest of any company. The AI trade is still leading equities. #NVDA

🔸 The Justice Department won't reopen its criminal probe of former Fed Chair Jerome Powell, AG Todd Blanche said, and Powell stays a governor through January 2028. One less overhang on Fed independence.

🔸 Tesla delivered 486,532 vehicles in Q3 vs about 461,100 expected, down about 2% from a year ago, and shares climbed 5%. Relief for a stock down 21% this year, trailing every megacap peer.

🔸 Kalshi and Coinbase won a partial preliminary injunction after Judge Martha Pacold found Illinois licensing rules likely conflict with federal derivatives law, keeping the federal path open for event contracts.

🔸 Anthropic will invest $100M in a Claude Frontier Academy to train 10,000 engineers ahead of its expected IPO, building the enterprise demand public investors will be asked to price.

🪙Crypto Updates:

🔸 The SEC approved Cboe BZX listings for Volatility Shares' 3x Bitcoin ETF and 3x Ether ETF on Oct. 2, alongside gold, silver, crude and natural gas. Trading waits on an S-1 taking effect. #Crypto

🔸 BNB Chain became the first blockchain to cross $1B in tokenized stocks and ETFs, holding $1.1B of a $3.7B market, ahead of Ethereum at $828M and Solana at $738M. #BNB

🔸 Tron added $5.0B of stablecoins in Q3, a 5.6% rise to $93.9B, as Ethereum's stablecoin base fell $4.9B.

🔸 Aave founder Stani Kulechov backed a proposal for a memberless Aave Foundation in the Cayman Islands to hold the Aave trademark, domains and code IP, with AAVE holders keeping governance. #Aave

🔸 Zcash got its own liquidity pool on THORChain on Oct. 2 after a node churn, with native ZEC trading next. THORChain warned liquidity remains shallow.

🔸 The Independent Community Bankers of America sued the OCC in federal court Friday, arguing its national trust charters for crypto firms are not authorized by the National Bank Act.

[Dylan Madden @Dylanmadden]

Andrew Tate has created more millionaires in the last 6 years than the entire traditional educational system has in 100 years.

even bigger things happening rn.

[DR22 Ω 🪬🎭 @DejaRu22]

Tom Brady = undisputed GOAT

But get this.

He wasn’t outstanding by ANY physical metric.
Not fast. Not explosive. Unimpressive combine numbers. Draft report said:

“Poor build. Skinny. Lacks great physical stature and strength. Gets knocked down easily.”

He was the back up quarterback in high school on an 0-8 team.

And the 199th pick in 6th round in the 2000 NFL Draft.

Yet … somehow managed to pull a rabbit from his hat and become the greatest his sport has ever seen. How?

The mind.

Psychologically, Brady’s edge was his obsessive competitiveness, his focus and psychopathic stress tolerance, his humility (extremely coachable), and above all else, his overwhelming burning desire to win.

Beyond these attributes, lay his MASTERFUL use of his SUBCONSCIOUS MIND.

Brady recognised his subconscious for the supercomputer that it is, and FULLY harnessed it to the best of his ability to have an almost-psychic-level reading of his opponents…

Which, consciously and unconsciously, allowed him to make perfectly calibrated reads, coupled with his data-rich game sense… is why he has 7 Super Bowl rings.

You have no idea how powerful you truly are.

[Conor McGregor @TheNotoriousMMA]

One wrong move by government here, and you will see, at the very least, 250k Irish people descend on the capital in a blink.

They must step down, there is no other way.

I cannot see another way.

We have already heard the warning of using the army against its own people.

We have heard the threat that they will come for the protestors after the protest ends.

We have then seen the attempted character assassinations on the protest leaders.

None of this has worked an iota as every single person in this country, outside of the political paywall and even within, is wide awake to it.

These threats, as well as being pitiful, are now futile.

Where else do they think they are going here?

Government, you have no more moves.

You’re going nowhere but out I am afraid.

It is check mate. The gig is up.

I don’t condone it, I don’t call for it, just calling it as I see it.

Sláinte 🥃⚔️