@OasisProtocol: Perfect Recipe for Institutional DeFi

🧵 $ROSE 1/22 A key issue for institutional and mainstream adoption of decentralized blockchain is privacy

For example, a bank will not participate in on-chain transactions if 3rd parties can see their wallets and activities

#Bitcoin: At the Forefront of Macro & Geopolitics

🧵 $BTC Today couldn't be a more bullish environment for $BTC from a fundamental / adoption perspective

From a decentralized power view

From a geopolitical view

Yet BTC is down ~40% form the Nov highs

@MetisDAO: A Diamond in the Rough of #ethereum L2s

🧵 #Metis / $Metis 1/ @MetisDAO is an extremely ambitious project that seeks to build a $ETH L2 with EVM Equivalence and higher decentralization than other L2s

1/ All Things Crypto

A thread 2/ TLDR

1) #Crypto is growing rapidly with mass adoption through #NFTs and the market is rewarding L1s with this functionality

2) $BTC is driving the crypto market and continuing the 4 year cycle

3) We should watch out for L1s decoupling from BTC cycles as adoption accelerates

1/ The Super Cycle Theory

Many of been hearing the idea of the #supercycle for #cryptocurrencies and I want to give my take on this idea 2/ But first, let me define what the super cycle means to me

It is when #cryptocurrencies including $BTC break away from the historic #bitcoin cycles corresponding to the #bitcoin halvings

They start to go up or down based on their own fundamentals

1/ There are other layer 1s being adopted. Some layers 1s include:

1) @avalancheavax

2) @Polkadot

3) @Cardano

And so many more that are in development or early stages 2/ @avalancheavax

Another smart contract platform, $AVAX has gone from 0 to ~$4bn in TVL in 6 months

Source: @DefiLlama

1/ Adoption of #Solana is hitting critical mass. A popular #Solana wallet, @phantom, has been live 6 months and already has 400k weekly active users

https://twitter.com/phantom/status/1438909746291957761?s=20

2/ And the entire $SOL ecosystem. The point is that there is a lot in this picture

Source: @solanians_

1/ $ETH is easily the most compelling cryptocurrency broadly among the crypto community

We can see this in how rapidly the number of #Ethereum active wallets is growing 2/ Total value locked in DeFi protocols on #Ethereum hit all time highs recently. Currently at $124bn

Source: @DefiLlama

1/ #NFTs are showing the power of an idea and movement among a group of people with a similar ideology or passion. And #NFTs becoming a symbol by which these groups identify themselves in the digital world 2/ It may be hard to see the value here but imagine being buying digital memorabilia of your favorite sports team vs a team you have never heard of. I doubt you would be as price sensitive for something that you identify with.

1/ $BTC is continuing to act similarly to previous cycles and is still following the stock-to-flow model fairly well (popularized by @100trillionUSD) 2/ #Bitcoin’s price from 2016-current is mapping shockingly well to 2010-2013

1/ The macro landscape for crypto couldn't be better fundamentally

Cryptocurrencies are being adopted at an insane rate 2/ Active wallets for #Ethereum and #Bitcoin. In 4 years, #Ethereum went from 0 to ~600k active wallets

$TSLA is getting noticed
1) @PeterLBrandt
2) @CryptoKaleo
3) @garyblack00

$TSLA is primed, Not Financial Advice @PeterLBrandt

https://twitter.com/PeterLBrandt/status/1441485609487507456?s=20

What is going on in the #treasury market? 10 year treasury just hit 1.13%. Yet my fair value model has it at 1.75% (incorporates Copper/Gold and other ratios - r2 of 90%+) #bonds #yields #YieldCurve This is right as fears of growth slowing down are coming up #jobs #ADP
usnews.com/news/economy/a…

1/
Interesting Paper from @blackrock from June 2019

Relates to the need for monetary policy in coordination with fiscal
#monetarypolicy #fiscalpolicy #Fed #economics
#bitcoin #BTC #inflation

blackrock.com/corporate/lite… 2/
"An extreme form of “going direct” would be an explicit and permanent monetary financing of a fiscal expansion, or so-called helicopter money. Explicit monetary financing in sufficient size will push up inflation."

Is there an incoming policy error by the Federal Reserve? $DXY #FederalReserve #Dollar #Policy #Fed

Thread 1/ Over the past several weeks, we have seen significant Central Bank actions globally. This reflects a market flush with cash and a desire by the Federal Reserve to hold short-term rates positive. 2/

The $DXY? Medium-term #Bullish, Long-term #bearish
1/ 1) Medium Term: #Fed Hawkish, #ECB Dovish
As the Federal Reserve begins discussing tapering, the ECB is still providing stimulus. A hawkish Fed is confirming a stronger economy while the ECB confirming weakness.