1/10 "๐ฅA Week of Crypto Highs and Lows: Top 7 Highlights๐ฅ" A thread!
2/10 ๐ #Bitcoin Volatility & Drop in Prices: All of crypto faced headwinds due to low liquidity and regulatory scrutiny. #Bitcoin traded at its lowest since mid-March.
3/10 ๐ #Ethereum's All-Time High in Staked ETH: The network saw a significant amount of $ETH being staked, hitting an all-time high of 10%, while maintaining stable prices.
4/10 ๐น #Ordinals & #BRC20 Tokens are Flourishing: This week saw a growth in the market of Ordinals and BRC20 tokens, demonstrating the dynamic nature of the crypto ecosystem.
5/10 ๐ญ The $GREED Social Experiment: The social experiment known as GREED has highlighted the risks and pitfalls of chasing meme coins in the crypto space.
6/10 ๐ฆ Network Congestion Issues: The Bitcoin network has been grappling with congestion, impacting transaction speeds and causing disruptions ๐ง
7/10 โ ๏ธ Ethereum's Finality Issues: Ethereum faced finality issues this week, reminding us that the crypto world still has technical hurdles to overcome ๐จ
8/10 ๐ @defichain's MetaChain Testnet Goes Live: In a positive note to the week, DeFiChain's MetaChain testnet has gone live, marking a significant step forward for this project and all $DFI hodlers. ๐ฅณ
9/10: Enjoyed this thread? Then please follow my account for the latest news and updates from the world of #cryptocurrency ๐๐. Don't forget to like ๐ and retweet ๐ the first tweet of this thread to help others stay informed! #CryptoTwitter
1/11 ๐ Elated to share top 10 takeaways from @elonmusk's @Tesla shareholder meeting on May 16, 2023. Buckle up! ๐
2/11 ๐ An attendee asked about an RV or a camper. @elonmusk revealed no current plans for an RV, but the upcoming Cybertruck could be converted into one. Fun times ahead! ๐ค #TeslaRV#Cybertruck
3/11 ๐ฆ Regarding his $44B takeover of @Twitter, Musk called it a "short-term distraction." Also, @lindayacc is on board as the new CEO. And guess what? Tesla might try traditional advertising! ๐บ #TwitterTakeover#TeslaAds
1/ I just sent out my weekly newsletter to almost 2 million subscribers about:
๐ฅ**7 Things to Look out for This Week!**๐ฅ
via: ceonews.cakedefi.com
Here is a thread with the summary:
2/ 1. Post-Team-Trip ๐ - The entire @cakedefi team just came back from a 1-week retreat. Expect a surge in our productivity and creativity!
2. Bitcoin Miami & Ordinals Conference ๐ด๐ - Will it affect Bitcoin's price? Stay tuned.
3/
3. BUSD's Ride ๐ข - A big jump or a momentum shift? Time will tell.
4. Memecoin Mania ๐๐ - Can it keep up the pace? Keep watching!
5. Earnings Reports ๐ฐ - Walmart, Target, Home Depot, and Alibaba. What do the trends suggest?
๐งต1/14 Facing and uncomfortable Reality: What @defichain truly needs! And intellectually honest analysis.๐
๐งต2/14 Quick background: The past year has been tumultuous for the #DeFi space, largely due to the failure of Terra's stablecoin, UST. That uncertainty paired with the massive crypto price drop, caused fear to $DFI investors.
๐งต3/14 Price follows Value. Always. ๐
Value is determined by three factors: Utility (the most important!), number of people (marketing), and rarity. These factors are critical for any investment. I've written a blog post about this: julianhosp.medium.com/resolving-dusdโฆ
1/10 CryptoWeek 19 Insights: 10 Key Points to Watch ๐ง๐ I'm back with my weekly guide to the crypto markets ๐. Every Week I send an overview to almost 2 million subscribers on ceonews.cakedefi.com. Here is a summary of the ten crucial points I'll be monitoring this week:
2/10 ๐ BUSD selling may continue, pushing #BTC up. Watch for a possible price drop if BTC wells into TUSD. ๐
3/10 ๐ #Binance faces #DoJ scrutiny. Will this lead to criminal pursuit? Binance's move into #Bitcoin could hint at insider knowledge. ๐ค
1/ Debunking the Myth: Did Ordinals & BRC20 Break Bitcoin? ๐๐ก Let's dive into the facts and debunk some common misconceptions surrounding the impact of these protocols on the #Bitcoin network. ๐ง๐
2/ Chess Game Analogy: ๐ฒ Just like in a game of chess, players have different strategies & motives. Some spread fear, uncertainty, and doubt ๐จ, while others promote their own solutions. It's crucial to critically analyze the claims made by both sides. ๐ต๏ธโโ๏ธ #crypto
3/ State-Level-Attack: ๐ We've seen that a state-level attacker might need about $2 billion to come close to stifling the Bitcoin network. The network can adapt & grow, but this is definitely a concern. ๐ฌ #BitcoinSecurity
My Top 5 Takeaways from the #BerkshireHathaway Annual Shareholders Meeting 2023: ๐ฉ๐ฎ I watched the online stream and came away with five key points that really stood out to me:
1/ ๐ฆ Cash is King: #Buffett revealed that he sold lots of shares in Q1 2023 and is currently holding a substantial amount of cash. He emphasized that cash isn't trash and even suggested that 0% inflation would be better. Seems like he's preparing for something!!
2/ ๐ Warren Buffett praised @elonmusk's adventurous spirit, saying that he tries the impossible. However, he also noted that they prefer lower-risk investments and wouldn't invest in Tesla due to its uncertain future. He emphasized the importance of not losing money.