Immutable Edge 🧵 retweeted
@ChairmanSelig Releases Statement on Equity Perpetual Futures: cftc.gov/PressRoom/PressRele…
Immutable Edge 🧵 retweeted
between higher exploration because of AI and dollar devalue, makes sense commodities go up but at end of the day royalty land owners will be the main benefactors.
Exploration should go up but costs might go down due to robotics.
Immutable Edge 🧵 retweeted
Not such company as anthropic can ever IPO at 20 x PE otherwise all the world would invest on it at IPO.
Ofc the valuation will be "overvalue" and there will be 1000s of posts about this, this is not new information.
The growth should accelerate now due to opus/sonnet having no data retention, big acceleration coming.
@FundaAI publish that front tier models are getting harder to destile because full chain of thought isn't exposed in plaintext.
I am not sure if anyone ever look at palantirs, crowdstrikes etc valuations at way lower growth last 2 years and higher revenue multiple.
Ofc this model is way more capital intensive but still the confidence on bears voices on all AI trade seems to big.
Immutable Edge 🧵 retweeted
Antrophic, space x, openai are worth over 2 T if public.
Meanwhile the king of distribution with a cash flow from operations bigger than Apple is worth 1.5 T.
Time to fix this.
Immutable Edge 🧵 retweeted
. $meta still going to launch their frontier model in next weeks that probably competes with OpenAI and Antrophic.
btw Meta is still lower than Antrophic, Space X while producing more cash flow from operations than Apple.
Immutable Edge 🧵 retweeted
Just an increase of 0.5% gap in less than 1 month and CDs going vertical for French bonds.
They are more likely to cut kings heads than to do austerity.
Immutable Edge 🧵 retweeted
How can you be bullish $hype and not think Perpetuals and tokenization on US will materally improve $hood monetization.
📈 1 M$ trade on perpetual has diff fees vs 1 M$ trade on current spot structure.
📈 Tokenization will enable them to internalize exchange side, which will let them monetize Market Makers that want to obtain the flow instead of selling cheap to citadel.
We have seen some of this economics via their Rothera exchange on prediction markets.
Immutable Edge 🧵 retweeted
Coinbase spent 100 M+ to lobby on clarity act so they can pay yield on stables
Most likely didn´t work
So now they bought $ena and are using them to build their rewards product using a Legal Arb.
Imagine this happens, look at ena chart, always worth a bet. (speculation ofc)
Immutable Edge 🧵 retweeted
Bullish hype news this week but kinda inevitable Robinhood and stock brokers also get some of tradfi perps during weekends and broader adoption of this higher fee products, no ?
Immutable Edge 🧵 retweeted
Ansem is right.
You don't want to miss @papertrade_xyz.
It's a perp DEX on Hyperliquid.
1000x leverage, 0 slippage and no funding fees.
$PAPER:
The only way to mint it is by losing money. Close a trade in the red or get liquidated, and you receive PAPER.
Stake it and you earn a cut of the protocol revenue in USDC.
No team allocation, no VCs, no airdrop.
The losers basically end up owning the house :)
Immutable Edge 🧵 retweeted
Near launching a full on-chain AI eco, compute, data, agents and bringing Openai people.
In a world that majority of AI coins are scam, near was and maybe still is the best risk adjusted bet on crypto x ai.
Today we announced that we will focus on making NEAR the home for User-Owned AI. We need AI that optimizes for the privacy and sovereignty of users.
NEAR Foundation commits to incubate and invest in NEAR-based AI infrastructure projects including compute and inference, data curation and rewarding creators, crowdsourcing and synthetic data marketplaces, agentic infrastructure, and more. Any AI application and novel consumer use case can leverage NEAR for the best User-Owned AI infrastructure and access everyone in Web3 via Chain Abstraction.
We have established the @near_ai AI R&D lab led by @AlexSkidanov and me, focusing on building an AI Developer to allow anyone to build end-to-end Web3 applications without code.
NEAR is the best place to build and incubate the next generation of AI projects. NEAR Foundation, as a well-resourced not-for-profit with strong expertise in both AI and Web3, is positioned to drive a User-Owned AI movement that offers alternatives to closed, centralized players and succeeds at a global scale.
Projects building in the Web3 x AI space should apply at: hzn.xyz/hzn
Immutable Edge 🧵 retweeted
The irony of crypto.
The whole space was built to hedge against USD debasement. Instead, built stablecoins—which after clarity act pass will fund the US deficit, will impose negative real rates globally, and weaponise capital controls in all the dollars offshore.
Immutable Edge 🧵 retweeted
Correlation of USDJPYx3 vs SPY is extremely high, have that in mind during next weeks.
Immutable Edge 🧵 retweeted
Hood is worth less than 100 B and has:
20 M users
Biggest options volume
Better prediction market than poly kalshi
One of best "neobanks", mortgages etc
A chain that competes with sol
A perpetual product that probably will do multiples of hype revenue
Social trading app etc etc
Immutable Edge 🧵 retweeted
Did you know that over 20% of $DOGE sits on @RobinhoodApp ?
Another reason why was one of best plays.
Immutable Edge 🧵 retweeted
Vlad almost lost his 120 B$ company $hood because of T+2 (how stocks settlement works) and you really underestimate his desire to tokenise assets right?
Immutable Edge 🧵 retweeted
Single Stock opt are so strech vs Market vol that this googl dillution might be the trigger for maket to question AI spending again.
Then space x, then first fmoc, market makers need rebalance etc.