Discover and read the best of Twitter Threads about #cryptocurrency

Most recents (24)

Das Land will sich nach eigenen Angaben damit auch unabhängiger vom #USDollar und der #Geldpolitik amerikanischen Notenbank #Federalreserve machen. El Salvador hat derzeit keine eigene Währung, seit 2001 wird dort mit dem US-Dollar gezahlt.
Etwa zwei Drittel der Bevölkerung haben keinen Zugang zu traditionellen #Finanzdienstleistungen. Viele Menschen sind zudem auf Geldsendungen von Angehörigen aus den #USA angewiesen.
Read 4 tweets
India's #crypto arc in a global perspective: India lags the world by an average of 2-3 years in terms of #crypto #regulatory framework development. We are now on the 3rd Inter-Ministerial Committee on crypto. Some pts from my session at #HODLConference2021 @IAMAIForum
India's adoption of #cryptocurrency is ramping up exponentially, signalling a clear demand for these tokens in the country. India recently ranked a whopping second on Chainalysis's Global #Crypto Adoption Index @chainalysis @SEBI_India @nsitharaman @RBI @NPCI_NPCI
However, the market cap of #India #crypto projects are approx. $12 billion USD which is a small fraction of the global market cap which stands at approx. $2 trillion USD @0xPolygon @WazirXIndia @PersistenceOne @QuickswapDEX @FrontierDotXYZ @UniLend_Finance @TheMahaDAO
Read 6 tweets
The authorities in #Russia seek to control the internet traffic and censor whatever is going against the leading party.
Aleksandr Litreev, a popular software developer is now building a #decentralized #VPN for Russian citizens and other oppressed people around the world, in the fight for democracy.
Litreev's latest project is @solarlabs_team, a decentralized VPN that's based on #blockchain and incentivized with #cryptocurrency.
Read 8 tweets
Time for a thread 🧵

$VIH we all know it’s the #1 trending stock on #fintwit @Twitter and @Stocktwits due to squeeze potential

But do you know what @Bakkt is or what they do ?

This is how it started from @BCalusinski and @gurgavin tweet 👇🏻

bakkt.com Image
2) $VIH the next great squeeze

What is @Bakkt?

Founded in 2018

Began as a #cryptocurrency exchange and has evolved into a digital ecosystem

2.1 billion valuation

207m #spac
325m pipe

Projected 9million users end of 2021, 31 million by 2025

Going live 2021 ImageImage
3) $VIH the next great squeeze

Who are they backed by ?
@Microsoft $MSFT
@BCG
@Starbucks $Sbux
@PayUCorp
@ICE_Markets $ICE owner of @Bakkt at 65%+ long term hold Image
Read 10 tweets
1/ Interesting observations about cryptos right now that nobody really seems to be talking about:

Cryptos like #bitcoin and #ethereum are getting back up to their peak levels but haven’t quite hit the news cycle again yet.

/short thread
2/ Take a look at the Google Trends results for #Bitcoin, #Ethereum and #Cryptocurrency worldwide in the past 12 months.

You’ll notice that the peak months these terms were being searched was in January 2021 and in May 2021.
3/ The price of Bitcoin hit peaks on

Jan 10 ($40,780)
Feb 21 ($56,619)
Mar 14 ($60,713)
Apr 14 ($63,731 ATH)
May 9 ($58,203)
Sep 3 ($50,820)

On Google Trends the term “Bitcoin” peaked on:

Jan 9 (93%)
Feb 27 (100%)
Apr 24 (69%)
May 22 (100% ATH)
Read 9 tweets
Next up in my #cryptothoughts series, in which I take a closer look at some of the projects in the crypto/blockchain space that have me beyond #bullish, is @WAX_io. There are a lot of things to love about this project, with #WAX part of the ascendant wave of #NFT 1/6
marketplaces that are rewriting the book on transparency, immutability & trust. As one of the most popular NFT exchanges, WAX has consistently been proactive in approaching new markets and clients to collaborate to bring unique NFTs to its system. WAX is so popular that 2/6
we've seen entire collections sold out in a matter of minutes! WAX began as a means to buy, sell & trade gaming items, but the marketplace has since expanded beyond blockchain-based gaming to trading cards, unique, customizable artwork & more. With the insane amount 3/6
Read 6 tweets
Mirror Derivative

@mirror_protocol allows users to create synthetic assets based on real assets, thereby making it easier for users to buy and sell ($mAssets).

#Derivatives #DeFi #cryptocurrency #Blockchain #cryptoderivatives
Example: If a house costs $100,000 but the user only wants to buy $50,000 worth. Then, it can be purchased by splitting 100,000 tokens, each worth $1. The user only purchases 50,000 tokens.
To generate $mAssets, users must collateralise assets worth > 150% (if using stablecoin) or > 200% (if using $mAsset). For example: If you want to mint $100 worth of $mXAU, you must collateralise 150 $USDT or $mBTC worth $200.
Read 5 tweets
Type of Decentralised Bonds

Most projects offer two products at the same time to take full advantage of blockchain and as a mechanism to transfer risk between two groups of people:

#decentralised #bonds #cryptocurrency #DeFi
(1) those wanting a fixed interest rate and (2) those wanting to speculate based on fluctuations in interest rates.
Barnbridge SMART Yield, 88mph, Pendle, APWine, Element and Swivel are focused on this decomposing:
Read 6 tweets
ALTERNATIVES to Government Grants and Big Pharma🧑‍🔬

Nonprofits attempt to fill this gap with some success, but philanthropy can only go so far.

There is little incentive to donate when donors do not have control of how their money is used...

1/🧵
2/

...or have any chance of financial benefit should the projects they fund become successful.

As a result, philanthropic donations are almost always limited to a very small portion of the donor’s wealth.
3/

While anyone can donate to a #nonprofit, private equity is a game for large investors only.

Only very recently have groups like @kickstarter emerged to allow small players to play a role in a technology’s early days.
Read 9 tweets
--🧑‍🎓Educational - Linear vs. Log-scale --

Just a quick summary, as i have had DMs about it recently

1. Logarithmic Charts Explained
2. Linear Charts Explained
3. When to Use Log rather than Linear
4. Summary

#cryptotrading #cryptocurrency #Crypto #Bitcoin
-- Logarithmic Charts Explained --

🔹 Logarithmic or log price scale, represents price spacing on the vertical or y-axis dependent on the PERCENTAGE CHANGE in the underlying asset's price

🔹 Think of it as the log scale shows the rate of change over time

#cryptotrading #Crypto
-- Linear Charts Explained --

🔹 Linear or arithmetic price scale, represents price on the y-axis using equidistant spacing between the designated prices / the absolute values

🔹 Think of it as showing the absolute number increase / decrease over time

#cryptotrading #Crypto
Read 5 tweets
THREAD: there's a lot of justifiable anger at OnlyFans right now for betraying the sex workers who made them rich. That's justified. In the end tho, like most tech issues, the root of this problem is monopoly power. OF was running a business in a "store" they rent instead of own.
From what has been publicly reported, it seems that OnlyFans made it's decision to "pivot" (aka throw sex workers under the bus) based on a few factors:

1) pressure from payment processors / big banks
2) pressure from Big Tech giants like Apple
3) pressure from investors
The third problem is perhaps tough to solve without ... idk abolishing capitalism or whatever. But the first two are the direct result of rightwing evangelicals posing as anti-trafficking activists (ie Exodus Cry) exploiting vulnerabilities in centralized Internet infrastructure.
Read 16 tweets
1/

#Cryptocurrency has cross-border promise as more and more people are using #crypto to send money to family and friends abroad

@MorningBrew @haydenfield
bit.ly/3AEXzIM
2/
$540 billion in remittances flowed to low- and middle-income countries in 2020, per the #WorldBank

Most #remittance payments are made via wire transfer or bank transfer

Watch how #CBDCs could change this
bit.ly/3roCnDI
3/
Some of the biggest players in the money transfer space, like #WesternUnion and #MoneyGram, are beginning to team up with #crypto firms

With #crypto, you’re using a bank; with traditional, you're using an exchange/or holding company

@WiserIn10
Read 4 tweets
As promised here we go. My analysis of $VET and why its the top cryptocurrency to target during this next run by $BTC

👇

#altcoin #altcoins #crypto #cryptocurrency #vet #vefam #vechain
As a preface, please see the following post outlining $VET's very strong and very present Elliott Wave. We are currently on wave 5 of the Elliott Wave. Using Elliott Wave Theory I've outlined targets for wave 5.

This analysis will break down waves 1 & 3 to give us an idea of whats to come with wave 5. Let's dive in.

WAVE 1

The first image is breaking down the impulse waves of wave 1. We can see the % increases/decreases during wave 1. You can see the entire wave lasted 117 days.
Read 19 tweets
⚽ Lionel Messi's financial package in his move to Paris Saint-Germain includes a payment in #cryptocurrency fan tokens, a source told @Reuters reut.rs/3k4qEHh
Messi said he wanted to power PSG to their first Champions League trophy, putting the tearful farewell he bade to Barcelona behind him after signing a two-year contract with the deep-pocketed French powerhouse reut.rs/37DHKFP
Replica shirts bearing Messi's name are flying off the shelves, followers are flocking by the million to his new club's social media accounts and TV rights suddenly look a bargain: Lionel Messi's arrival in Paris has set the money train in motion reut.rs/3lXVdAD
Read 5 tweets
(1/12) Crypto gaming's recent explosion shouldn't be a surprise. But did you know investors are seeing massive yields by providing digital jobs to international gamers, to the tune of $20-$40 per day in wages?

(article here, thread below)

medium.com/floating-point…
(2/12) Remember the big NFT explosion? Crypto gaming is like a sub-sector of the NFT technology. But instead of art, think Pokémon. And instead of wasting time, think "summer allowance."
(3/12) @AxieInfinity is the biggest player in the space, coming in at a multi-billion dollar market cap and boasting over a million daily active users. People battle their "Axies" against each other to win Smooth Love Potions, the in-game currency.
Read 12 tweets
(1\21)Media or those w/ limited understanding of how value of networks operate at times make headlines “GOVT or XYZ company can build their own blockchain making everything worthless" This is a logical fallacy $EGLD $DOT $ALGO $ADA $AVAX $SAITO $LUNA $SOL $MATIC $ETH Explained👇
(2\21) This debate is not a new debate when a network with “disruptive technology” has occurred in the past. It’s important to understand that what makes a network valuable is the participants on that network, not only the technology. In fact if you have the best
(3\21) technology but no participants it means you really don’t have much. #Adoption is key. The telephone was not very valuable initially as adoption didn’t happen overnight. Another way to put it is the size of the network (number of participants was limited). Ways in which
Read 22 tweets
THREAD: The Biden admin has been talking a big game about being "tough on Big Tech" and Silicon Valley monopolies. But right now they're quietly defending a provision in the #InfrastructureBill that targets software developers who are trying to build alternatives to Big Tech
Here's what's going on: the administration has been pushing a "pay-for" measure in the bipartisan infrastructure package that would expand US government surveillance of #cryptocurrency projects. @EFF has a good summary of concerns with the provision here: eff.org/deeplinks/2021…
The provision has been sold as being about taxes. But it's so poorly written that it would create reporting requirements that would demand people like software developers and even volunteers within decentralized tech projects hand over data or conduct surveillance of their users.
Read 16 tweets
(づ。◕‿‿◕。)づ 🌊тнє 5тн ωανє ιѕ ¢σмιηg 🌊
⤷ And the Φ #GoldenRatio Φ plays a key role 👀

The #Bitcoin bull run is missing its 5th wave.
This final push will send #BTC and the $TOTAL #cryptocurrency market into 🚀MANIA🚀 mode.

Zooms and full analysis in following tweets Image
#Bitcoin bull runs are composed of ↝ 5 Waves ↝
➚ Wave 1: finds resistance at 0.618 #GoldenRatio
➘ Wave 2: finds support near #BTC halving
➚ Wave 3: breaches above 2.618 Golden Fib level
➘ Wave 4: finds support at 1.618 #GoldenRatio
➚ Wave 5: tops out multiples above Wave 4 ImageImageImageImage
When you compare these to the psychological stages of a bubble applied to the long-term #Bitcoin chart, you can see that Wave 1

➚ ➘ Waves 1 and 2: Occur during STEALTH Phase
➚ ➘ Waves 3 and 4: Initiate and concludes the AWARENESS Phase
➚ Wave 5: is the MANIA Phase Image
Read 10 tweets
@BiIndia together with @CoinDCX brings to you #CryptoInjest, a crypto comic series covering news, views & more 👇

‘Bitcoin is Bitcoin’ — #JackDorsey’s Square reports a three-fold increase in revenue from the world’s oldest #cryptocurrency - By @pabsgill

bit.ly/3xp1rLW Image
@CoinDCX @pabsgill “Bitcoin is Bitcoin, and that’s all it needs to be,” said Square and Twitter CEO #JackDorsey on August 3 after earnings of his digital payments company showed that Bitcoin accounts for more than half of its revenue.

#CryptoInjest @CoinDCX
@CoinDCX @pabsgill Whether #Bitcoin is a digital asset, a currency, a financial instrument, or property has been a hotly debated topic among regulators, governments and economists — and a consensus is yet to emerge.

#CryptoInjest @CoinDCX
Read 9 tweets
(26/n)
We can think of $OHM as promissory bank notes fully backed by reserve assets in the DAO’s treasury and the DAO being like a private bank. A Comparison of Monetary Systems; Source: Messari
(27/n)
Why non-pegged #stablecoins when using another crypto-native #cryptocurrency like #Bitcoin or @Ethereum is possible?

The issue w/ pegging to other cryptos is price volatility. Stablecoins are mainly pegged to $USD, exposing them to US regulation & @federalreserve policy.
(28/n)
@OlympusDAO currently focuses on supply+ over price+, w/ the target of having $OHM function as a currency that holds purchasing power regardless of market volatility.

+There are perks for putting one’s resting capital to work in the #DeFi ecosystem to generate revenue.
Read 26 tweets
New Analysis of $BTC,
Uranus line is sitting at major selling point, so there might be a two scenarios a rejection or break if we consider actual market. You cannot know what Uranus will bring as outcome of it. (exactly) thanks to #GannToolbox and @Nasser_Humood for this view
Uranus line is orange line with dashes and solids. Every time price goes up there in bear market there were major rejections. It must be considered. #astrology #bitcoin #btc $btc #cryptocurrency
Uranus is the known planet but effects of it is still unknown by many astrologers, it might be most unknown planet in terms of prediction. Surprises as always! #astrology #bitcoin #btc $btc #cryptocurrency
Read 6 tweets
What key 8 difference between permissioned #blockchain #setcoin & public blockchain #bitcoin?
Check the thread 🧵 👇

#investing #Finance #finanstwitter #cryptotrading #cryptocurrencies #cryptocurrency #cryptoart #defi #altcoin #CryptoNews #ethereum #Dodgers Image
1. #ESG Compatible with limited energy usage to deploy and run ledgers and nodes.
2. #Scalability: much faster validation, and transaction execution;
3. Generating income from real sector #assets;
Next 👇

#fintech #banking #cbdc #CryptoTownEU #DigitalCurrency #NFTgaming
4. Advanced #identity system for #digital #assets owners #validation;
5. Facilitating #green & #cycling economy transition
6. Diversification between income of green buildings, #renewables, #smartcities, #agtech, vertical farming, technology sector private equity assets
Next 👇
Read 10 tweets

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