Kyle Chassé Profile picture
Jul 3 9 tweets 3 min read
Are We About To Witness A Potential Black Swan Event?? 😱

You NEED to read this!
1/ On June 30th the FED hiked the interest rate by 75bps effectively starting the shrink of its balance

This will be the catalyst for July 4th... A Federal Bank Holiday that could shake the whole crypto market 💥

Here's why 👇
2/ Starting 1 July until July 5th we could potentially see a mammoth move to the downside...

🔴Risk assets will once more rediscover how much they loathe the Fed-sponsored quantitative tightening of USD liquidity conditions.
No fiat can be deployed until Tuesday, July 5.
3/ 🔴Crypto funds start selling any liquid crypto assets in order to raise money to meet fiat redemption demands.

You can imagine how sticky this could become... We might see major cash-outs, especially considering all the FUD ➡️ #Bitcoin Spot ETF Rejection, #3AC & #Celsius
4/ 🔴 No fiat deployed until July 5th..

The federal bank holiday falling on Monday could result in this weekend seeing a major move to the downside...

$BTC & $ETH might see significant drops but nothing too major in comparison to sh*tcoin slaughter that could take place 🩸🩸
5/ 🔰 #DeFi 🔰

The market for DeFi is growing but only🔝projects will survive this, while other speculative projects could be wiped during this bear market.. This is part and parcel of quantitative tightening.. Major projects will suffer but will make it out alive. the rest ☠️
6/ 🎭DEXs 🎭

These will continue to grow in popularity as the bear market progresses & eventually sentiment changes..

Current leaders might fizzle out IMO..👇

#Curve - I see a lack of interest bc of restrictive stablecoin trade (I'm more bullish on DEXs w/💩🪙 vs 💩🪙 trade
7/ I'm bullish on the decentralized internet sector 🌐

Most notable on Ethereum Name Services etc.

Ethereum hosting #Ethereum name services (.eth domains) opens up a huge bullish case for websites that can be traded as assets on places like NFT market places..
Credit to @CryptoHayes for the premise of this Thread. I really recommend you check out his writing on Medium.
He gives great insights, here's his most recent one on what actually happened w 3AC:…

• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with Kyle Chassé

Kyle Chassé Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @kyle_chasse

Jul 4
Welcome to Bear Market Book Club.
A new Monday tradition to share books that really helped me along the way.

📖First up is a Thread on Rich Dad, Poor Dad.

"An asset is something that puts money in your pocket and a liability is something that takes money out of your pocket"
7 Key Lessons from Rich Dad Poor Dad That Will Make You a Better Investor

This is one of the ULTIMATE finance books that has shaped my perspective immensely.

Save this thread.

What they taught you in school was to keep you poor.

Poor people are taught to buy liabilities while Rich people are taught to buy assets.

Think buying a house is an asset? Think again..

This book deals fundamentals we need.
Read 14 tweets
Jul 2
5 Mindsets For Success 🧠

Thinking Better Makes You Better 🧵
1/ #Crypto has gotten people down recently. The bearish conditions have resulted in a lot of volatility, steep price declines & some being margin-called.

For those experiencing their first bear market - you might be the joke at family dinner "so how's your crypto stuff going?''
2/ If You've Done Your Research, You Understand This Is Temporary & That #Crypto Is Here To Stay - It's Coming Back Even BIGGER Once We Break Out Of This Bear Market 🔥🔥

Even so, the wait is long, and sitting on losses hits different... You've got to reset your perspective ✨
Read 10 tweets
Jul 1
#ThreeArrowsCapital Has Defaulted On a $670 Million Loan

#3AC Is One Of Crypto's Most Prominent Hedge Funds & This Has a MAJOR Knock-On Effect 👇🧵
1/ #VoyagerDigital announced on Monday:

#3AC Failed to pay back 👇

- $350 million in $USDC
- 15,250 #BTC

The total amount stands at more than $670 million…
2/ Weeks of turmoil & negative price action have increased pressure tremendously & a number of reputable leading blockchain groups have started to buckle under the pressure..

The media narrative makes it seem like insolvency is on the horizon for #3AC

Other signs include..👇
Read 7 tweets
Jun 6
Thread for bear market massive gains:
In 2017 1000's of #crypto projects raised funds 95%+ of the projects that raised in 2017 didn't survive to see next bull run. They either:
1) ran out of money
2) gave up because they raised so much money they just retired (exit scam)
3) didn't find product/market fit
Blue chips are no brainers like $AVAX $SOL $DOT $ETH $BTC $MATIC etc... The will do pretty good, but not life changing gains, market cap is too high. If you want life changing gains here is what you can do, keep in mind this involves more risk than blue chips.
Read 9 tweets
May 23
2022: The Year Of The DAO 🔗

DAO's Play An Integral Role In Crypto & Understanding Them Is Essential 🧵👇
1/ #DAO = Decentralized Autonomous Organization 🤝

Transparent. Fair. Innovative. Necessary.

The role a DAO plays ensures that the community is prioritized and not only the founding members, VCs & early investors
2/ The systemic problem that current corporations face is that a select group of people get to make decisions on behalf of an entire organization.
Read 10 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!


0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy


3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!