Keeps trucking along, doing its debasement thing... if 89% of all BTC's price action is explained by Global Liquidity then by definition almost all "news" and "narrative" is noise. Enjoy your weekend...
I just want to give a shout out to @money_penny_NFT and Chris Nyers who are the RV members who help run our communities.
Penny helps oversee the crypto and macro communities, discords, on platform and IRL RV Meet Ups and Chris does the same for the exclusive RVIP Club.
Real Vision has the largest and most engaged community in finance/crypto and it's driven by our members and ambassadors.
Penny and Chris make magic happen! Without them our communities wouldn't be the same. It's the special sauce and the new platform will only accelerate that.
I just want to give a shout out to @money_penny_NFT and Chris Nyers who are the RV members who help rub out communities.
Penny helps oversee the crypto and macro communities, discords, on platform and IRL RV Meet Ups and Chris does the same for the exclusive RVIP Club.
Real Vision has the largest and most engaged community in finance/crypto and it's driven by our members and ambassadors.
Penny and Chris make magic happen! Without them our communities wouldn't be the same. It's the special sauce and the new platform will only accelerate that.
At EXPAAM we are looking for long-biased crypto hedge funds, investing in extremely high conviction names and the ability to take concentrated positions; fully liquid (i.e no VC) with decent liquidity - Fund or SMA's
The comeback arc of art on blockchain is still something 99% of people don't understand and conflate NFT mania (same as memes are/were) in order to write it off. Meanwhile much incredible art is being created and prices for legacy grails are exploding which will help old and new artists and encourage new collectors.
Expect @cryptopunksnfts and @XCOPYART and @beeple to lead and that's ok... it will pave the way for a generative art comeback too... Squiggles, Fidenza, Ringers, Autoglyphs with then also pave the way for all the incredible other artists too.
If you need any inspiration my The Culture Vault collection is a pathetically small start...and I'm still building it and missing many great
Over time, due to aging demographics, governments need to borrow more money to support GDP growth to pay interest on the debt.
At over 100% of GDP in debt there isn't enough economic cash flow to fund the debt growth so it gets "printed" via Fed Net Liquidity and also forced, via regulation, onto the balance sheet of the banks.
That debases the currency and lowers the denominator, optically making scarce assets more valuable.
Crypto (Mainly Bitcoin) is the life raft as it not only offsets the annual 8% debasement but also gains value due to adoption effects.
These two charts remain the most important chart in all macro and the ones the least people understand.
For those of you who follow my NFT art collection The Culture Vault, I have just added several pieces by the incredibly talented and visceral artist @MaNiCArt_ . He has one of the most heartbreaking yet inspiring stories in our digital art world and still little known... 1/
I still think the most amusing outcome possible would be for $DOGE to be the hardest currency on earth... this is the DOGE/BTC chart...to me it looks like a potential big flag pattern and new highs await...
Not only is Coinbase purchase of Deribit a great opportunity for them, it also dramatically removes the left-tail risk of a smaller exchange having 80%+ of the options markets where leverage can cause an issue in a black swan event. Good news all round.
I think BTC dominance topped today. There are daily, weekly and monthly DeMark tops in place and the top is well below 2021 top and that was below the 2017 top.
If that plays out, it is the hallmark of the next phase of the Banana Zone. Let's see...
Habibi... speaking to the sovereign wealth funds here across region, they are all in on AI and blockchain and have only just started and are in it for the long run as the key future of their economies.
Token 2049 has been quite the event so far. #Token2049
Today I interviewed @dan_pantera Zoltan Polzar, and the wonderful and thoughtful @cz_binance and I was interviewed by good friends @KevinWSHPod , @jessicasmw and @cryptomanran