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East Block Capital - Investing in trailblazer L1, L2, DeFi & RWA projects

Southeast Asia
Joined March 2021
Photo by eastblock (@eastblock)
We are East Block Capital
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We are bullish on RWA projects @OndoFinance @Polytrade_fin @centrifuge Are you?
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MicroStrategy has purchased an additional 3,907 bitcoins for ~$177 million in cash at an average price of ~$45,294 per #bitcoin. As of 8/23/21 we #hodl ~108,992 bitcoins acquired for ~$2.918 billion at an average price of ~$26,769 per bitcoin. $MSTR microstrategy.com/en/investo…
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eastblock retweeted
Everyone is talking about $ETH being burned. Indeed, it's exciting. Is ETH already deflationary? No. It's less inflationary. Will it be deflationary? I'm pretty sure it will be. Wen? Let me share a few useful resources to keep track of ETH becoming ultrasound money.🧵👇
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A must read thread for #Ethereum believers
EIP-1559 is scheduled to go live this week and I still see a lot of wrong takes on its impact. Remember: - It doesn't make $ETH deflationary by default. - It doesn't reduce $ETH supply by 90%, referred as "triple halving". - It's still very bullish for $ETH. Why? 🧵👇
eastblock retweeted
#bitcoin July closing price $41,490 ... it bounced from the lows, like clockwork
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A must read thread here
1) What is the most popular term in DeFi which you have never heard of in traditional world? Probably aping but let's assume it's impermanent loss (IL). Every liquidity provider in AMM suffered from IL. But do you know that you can beat it? Read this thread to find out how.
eastblock retweeted
1) What is the most popular term in DeFi which you have never heard of in traditional world? Probably aping but let's assume it's impermanent loss (IL). Every liquidity provider in AMM suffered from IL. But do you know that you can beat it? Read this thread to find out how.
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😱 43% of Singapore residents own #Bitcoin or crypto - IRCI survey.
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While price action for the past few weeks has been bad for the entire market. Many projects introduce a ton of features, integration, etc. This is the best 'bear' market ever.
eastblock retweeted
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0/ DeFi derivatives Probably the single most important question in DeFi over the next few years A thread on how we're thinking about it
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Nearly everyone bearish ☑️ Futures funding negative ☑️ USD/USDt lending rates v. low ☑️ Hashrate growing again ☑️ Inflation ☑️ Money printing ☑️ Interest rates zero or negative globally ☑️ China has banned 15 times ☑️ Tether FUD again ☑️ Trading volume v. low ☑️ #Bitcoin
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Sounds like @Stacks Great to see the space growing around $BTC
Square is creating a new business (joining Seller, Cash App, & Tidal) focused on building an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services. Our primary focus is #Bitcoin. Its name is TBD.
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eastblock retweeted
Huge thanks to @CoinMarketCap for setting up the 'TrustSwap Launchpad' Category 🔥 Check it out! coinmarketcap.com/view/trust…
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$2 Trillion is a statement
Few weeks ago the entire market reach $1 trillion. Soon enough we are going to witness $2 trillion. Bullish for the entire #cryptocurrency market and it's future adoption.
Another adoption news from Visa 'competitor'. Bullish for the entire crypto market. #cryptocurrency $btc $eth $usdc reuters.com/article/crypto-c…