1/ Last week the most popular Layer 2 protocol, Arbitrum, finally announced the airdrop and launch of their governance token $ARB. Here’s a quick breakdown of the ARB tokenomics, what ARB is used for, and who got the airdrop 👇🏼 2/ As you can tell by these charts of TVL and active users, Arbitrum has been experiencing impressive growth even during the bear market. That growth has earned it the spot of the 4th largest chain by TVL at nearly $2 billion.
Nov 15, 2022 • 6 tweets • 2 min read
1/5 The person who drained money from FTX accounts last week is now the 35th largest holder of $ETH with ~$286 million dollars worth.
That will be near impossible to withdraw anywhere, so what if instead they choose to manipulate the markets with it …
Buckle up #eth holders👇
Nov 14, 2022 • 11 tweets • 4 min read
1/11 Crypto is DEAD …
That is what you will be told as more people hear about the damage caused by FTX. However, that is a claim people have been making since 1 BTC cost $0.06.
For all the people who believe #Bitcoin is dead, I have some news for you 👇🏼
2/11 2010: The first person to predict the imminent death of Bitcoin did so on “The Underground Economist” blog and claimed that it would either remain a novelty forever or die faster than you can blink. Since then, the author has said that they no longer believe this is the case
Nov 13, 2022 • 14 tweets • 5 min read
1/14 Bear markets are hard, but this one has been even worse than usual due to all the scams, hacks, and exploits. In fact, there have been so many “once in a lifetime” events that it's getting hard to remember them all.
Here is how 2022 has been completely F*cked👇
2/14 LUNA/UST: Do Kwon’s Luna saw price rise from below $1 to over $115 before crashing to a price measured in thousandths of a penny. That alone was catastrophic to holders, but perhaps even worse was the depegging of UST.
Nov 12, 2022 • 18 tweets • 3 min read
1/ Due to the FTX/Alameda situation $SOL has crashed over 50% in the past week and fears have risen that the price of SOLANA, as well as the Solana ecosystem, may never recover. Here is everything you need to know about the situation 👇🏻
2/ To be clear, Solana will need to overcome some huge challenges if the ecosystem is going to survive, so let’s start off with a look at what those challenges are.
Nov 12, 2022 • 11 tweets • 3 min read
Yesterday FTX and its 134 associated companies filed for bankruptcy.
Last night, 1 or more FTX insiders took what was left of their users' funds, destroyed as much evidence as they could, and are on the run. Here’s what you need to know
👇🏼 1/11
Starting ~9:30pm Bahamas time, people started noticing 100’s of millions of crypto moving around and out of FTX’s wallets. At first, people thought perhaps it was the court-appointed liquidator consolidating funds.
2/11
Nov 10, 2022 • 5 tweets • 3 min read
BREAKING:
Mike Novogratz on CNBC: @nayibbukele and El Salvador may have stored their #bitcoin with FTX.
How much do you want to gain in the next bull run?
3x? 5x? 10x? Or 24x?
Here are some numbers I’ve been crunching for different #altcoin strategies
Let's start. 🧵 <1 of 13>
First off:
Buying only $BTC and perhaps some $ETH is fine. It’s relatively safe and when we reach our previous ATH you will make 3-4x. If that’s not enough for you, then read on.
<2/13>
Nov 3, 2022 • 9 tweets • 2 min read
1/9 The rate increase of 0.75% was what everyone expected but crypto and stocks still saw significant volatility. A lot of that volatility was the result of some mixed messages from Jerome Powell on what the Fed will do next. Here is what you need to know 👇🏻
2/9 Let’s begin with what could be interpreted as bullish, meaning the Fed would pivot sooner. First, Powell shared that it would be appropriate to slow the pace of rates “at some point” and that point could be “as soon as December”.
Oct 6, 2022 • 7 tweets • 2 min read
1/7 Tomorrow, October 6th, at 8:30 am EST the non-farm payroll report and unemployment rate for September will be released and will help set the tone for the next Fed meeting and rate decision. Here’s everything you need to know 👇🏻
2/7 First, the non-farm payroll report gives us the number of workers in the US, excluding farm workers and those from a few other groups. The unemployment rate gives the percentage of workers currently without jobs, but who are looking for employment.
Oct 6, 2022 • 9 tweets • 2 min read
1/9 As you may know, the SEC and Ripple (#XRP issuer) have been fighting a legal battle over whether XRP is a security. Recently, evidence was ordered to be released to Ripple which could affect not just XRP but ETH and any other coins the SEC tries to categorize as securities 👇🏻
2/9 That evidence includes a number of internal SEC emails which Ripple’s lawyers believe will reveal how the SEC originally decided BTC and ETH were not securities as well as potentially if there was some bias involved in giving BTC and ETH a “free pass”.
