Jack Niewold Profile picture
Feb 11 4 tweets 1 min read
It's either a rumor around coinbase that's crashing the market or it's war, could be both
Yeah there's gonna be a selloff

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More from @JackNiewold

Feb 14
A running list of crypto-related super bowl commercials:

(A thread, not in order)

🧵👇
Coinbase

Etoro

Read 9 tweets
Feb 10
Solidly Swap has officially deployed.

Andre Cronje's DEX governance experiment teased as ve(3,3) is underway, and in 1 week, tokens will begin to come onto the market.

So what's going on? Are Solidly tokens going to moon? And how should you play the launch?

🧵👇
First, a TL;DR on Soldily Swap:

It's new type of DEX, with tokenomics (veTokens) designed to maximize cooperation and fee revenue. It's been airdropped to the top 25 protocols by TVL on $FTM

For a more comprehensive look, check out the thread below:
Solidly launched last night at midnight, but with next to no fanfare. Dani Sestagalli drama really slowed down the hype.

And it takes a while for DEXes to get rolling.

For now, there's almost no liquidity in the system, so trading won't get going until LPs come onboard.
Read 15 tweets
Feb 9
With a circulating market cap of just $16 million, Vesta ($VSTA) has managed to grab an insane amount of attention on Crypto Twitter.

The bull case? It's got the most stacked list of angel investors you've ever seen.

The bear case? The FDV is about $500 million.

My thoughts👇
With a circulating market cap of just $16 million, Vesta ($VSTA) has managed to grab an insane amount of attention on Crypto Twitter.

The bull case? It's got the most stacked list of angel investors you've ever seen.

The bear case? The FDV is about $500 million.

My thoughts👇
Well, maybe not.

When a protocol has this much VC action, its often assumed that people got in early at ludicrously low valuations.

The token becomes available to the public, and even if it drops in price, VCs can still make a killing
Read 11 tweets
Feb 8
What do:

• $4 billion in missing $BTC
• Female rapper RAZZLEKHAN
• Forbes magazine
• the US Department of Justice

Have in common?

A thread on the 2016 Bitfinex hack, its resolution, and the implications.

The strangest crypto story of the year (so far, at least):

🧵👇
This story starts with the infamous Bitfinex hack.

In August 2016, a (still unknown) hacker gained access to the exchange, allowing them to authorize around 2000 unapproved transactions.

They stole 119,754 $BTC, then worth about ~$72 million. It tanked the market by nearly 40%
What happened next? It's unclear, but those coins were likely sold in a P2P/OTC deal between the hacker and a third party.

It was just another one of several previous (smaller) hacks of Bitfinex, and in the eyes of the public, the exchange never really regained rust.
Read 19 tweets
Feb 1
A MEGATHREAD ON THE SUPERCYCLE

🧵👇
AN OVERVIEW:

With most of Crypto Twitter bearish right now, it seems like a big chunk of the market thinks that this crypto cycle is over.

Simultaneously, industry insiders see this latest move as confirmation of a supercycle.

Wait, a confirmation?

How?
1. THE CASE FOR THE SUPERCYCLE:

Three Arrows Capital @zhusu was one of the first to set forth the idea of a supercycle in the crypto mainstream.
Read 24 tweets
Jan 29
I bought some more $SPELL at $.0054

Here’s why:

🧵
I never really liked $TIME, I very intentionally never covered it.

Why? Fundamentally, $TIME performs a human-overseen operation (similar to a VC fund), but on crypto rails.

It requires trust, it’s never been democratic in its operation. It didn’t even start out as a DAO.
And that’s where $TIME fell apart: they introduced a bad actor to this human-overseen operation and thus investors lost confidence.
Read 16 tweets

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