Spyros retweeted
Fade this hard.
Do not listen to Jason about crypto right now, he is dead wrong. We go up while AI cools down, it’s been written in the prophecy.
We just left a conference with well over 50, if not $100T of AUM, where many people were saying the AI -> crypto rotation has firmly started.
Do not listen.
Fade this take 10/10 right now.
Not after a year long bear market & the biggest market structure shifts ever in this industry.
Next leg is going to be aggressive and catch the world off guard. Many are sidelined still.
If you’re in AI, pivot to crypto.
A brutal year for Bitcoin is just getting started.
Give me three minutes to explain why you should dump it now.
Outflows from ETFs are signal and will continue.
We will test the 57k low again in the next 12 months.
Why?
Because there are far too many dynamic places to put your money that are creating MUCH more value.
Why put your resources into a dead network that offers nothing beyond a store of value?
What's the point of place the BTC be if Bitcoin's Ponzi-scheme nature has gone away!?!
The viral nature of bitcoin was it's power... if you didn't own you were MOCKED!
Now? Completely reasonable, heck, SMARTER, to ignore bitcoin and place other bets!
No one is trying to convince people to buy Bitcoin anymore... the memes and NFTs are gone.
No one is saying $ BTC can change the world, because it won't — and BECAUSE AI HAS!
Just sell and shift from Bitcoin to Super Intelligence because one provides little to no value, and the other provides unlimited upside for humanity.
This should be obvious to everyone right now.
Bitcoin will never break its all-time high again.
Spyros retweeted
Throw it on the list.
Bitcoin has now died 479 times.
(bitcoindeaths.com)
A brutal year for Bitcoin is just getting started.
Give me three minutes to explain why you should dump it now.
Outflows from ETFs are signal and will continue.
We will test the 57k low again in the next 12 months.
Why?
Because there are far too many dynamic places to put your money that are creating MUCH more value.
Why put your resources into a dead network that offers nothing beyond a store of value?
What's the point of place the BTC be if Bitcoin's Ponzi-scheme nature has gone away!?!
The viral nature of bitcoin was it's power... if you didn't own you were MOCKED!
Now? Completely reasonable, heck, SMARTER, to ignore bitcoin and place other bets!
No one is trying to convince people to buy Bitcoin anymore... the memes and NFTs are gone.
No one is saying $ BTC can change the world, because it won't — and BECAUSE AI HAS!
Just sell and shift from Bitcoin to Super Intelligence because one provides little to no value, and the other provides unlimited upside for humanity.
This should be obvious to everyone right now.
Bitcoin will never break its all-time high again.
Spyros retweeted
NEAR's CMO Chris Briseno says every bank's token desk sitting in the room right now
"In the early days, TradFi was really against crypto. They were not fans."
"Literally like half this room is TradFi."
W/ @nearprotocol | @andyyy | @robbieklages
Spyros retweeted
@AskVenice built its AI video studio as a side project. It’s now about 30% of the platform’s usage.
@ErikVoorhees tells @jennsanasie how creators are turning AI clips into full films.
Thank you to @Grayscale 👋 for being a sponsor of the CoinDesk Media Network.
Spyros retweeted
$VVV burns are increasing about ~1% a day
$9,000 daily $VVV burn on July 17th
$24,150 daily $VVV burn on October 25th
At this rate, January will start with $45,000 of daily $VVV burns, and end with $62,000 daily $VVV burn
Lower that assumption by 33%, and you get $300,000 daily $VVV burn in December 2027
Spyros retweeted
Both @aave and @Morpho are going for the $25 billion CeFi lending market in their own way
Expecting @Morpho Midnight to be increasingly used for OTC crypto backed loans by lenders
Midnight acts purely as infra replacing a tri-party arrangement where a custodian acts as collateral agent
Here the smart contracts are the collateral agent
I expect an increasing number of markets to be created for specific loans with no vault participation, keen to see if someone has data on that
This opens up a tri-party equivalent setup for lower ticket sizes
Limitation of course is smart contract risk
That is something @aave is working on with a very interesting proposal for Aave V4 Lending Market for Anchorage-Custodied Bitcoin
For large borrowers the @aave setup will have more size sooner I would argue. Borrowers will be more comfortable, same custodian as they are used to.
Remember in overcollateralized loans the borrower weirdly has more counterparty risk than the lender
Needless to say CeFi lending with rehypo and counterparty risk on the lender is here to stay. Tends to be cheaper!
Spyros retweeted
india's biggest ipo lists tomorrow
you can already long or short $JIO on near.com today 👀
near just plugged into hyperliquid, listed it and now gets free ads + fees off degens aping in
free money glitch fr. list every big ipo like this pls
India's biggest IPO lists tomorrow. Trade it today. Confidentially.
$JIO pre-IPO perp is live. Nobody can trace your position back to you.
Only on perps.near.com.
Powered by @HyperliquidX & @tradexyz
Spyros retweeted
NEAR everywhere.
#NEAR near:native
Near has landed on Gemini
near:native is now available to trade, with deposits and withdrawals enabled
→ exchange.gemini.com/buy/NEAR
Spyros retweeted
everyone's tracking whale wallets. the most consistent $NEAR buyer isn't a fund. it's the protocol.
every swap through NEAR Intents pays a fee, and a cut of it gets turned into NEAR and sent to a wallet literally called buybacks.multisignature.near. the wallet is 7 months old, gets fed a few hundred NEAR at a time, around the clock, and already sits on 2m+ NEAR.
no feelings, no narrative, no CT. just fees. the more people swap, the bigger this whale gets.
add it to your watchlist 🐋
Spyros retweeted
Worried about quantum?
If only there was an industry with a concentration of world class cryptographers…
Spyros retweeted
🎯 New in NEAR Mobile 4.0: choose exactly how much arrives.
Sending someone 50 $NEAR ? Type 50 in “You receive” and the app works out what you need to send.
No more nudging the amount up and down until it adds up.
Try now nearmobile.app
