Holly shit!!!! I haven't checked since around October it was 75 k then, really amazing at 125k.
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Holly shit!!!! I haven't checked since around October it was 75 k then, really amazing at 125k.
some team showed up at a new dex and literally just opened/closed positions until they bled off like low 8 figures to the spread.
apparently they will be getting an airdrop worth like a solid billion united fucking states dollars.
like i cant imagine how to chart a long term profitable play here, least of all because theres a bunch of super realistic scenarios where all this goes to shit.
but people are making their fortunes now and the thing they all have in common is they are seeking the edge cases like vol farming or stat-arb etc.
it wont last because it never does but if you can whet your beak in the right stream, you will never be thirsty again.
or sell shovels; start a dex. ill bet you there will be gov subsidies for it sooner than later.
https://finance.yahoo.com/news/bitco...130149290.html
Major cryptocurrencies and crypto-related stocks were rallying early Thursday ahead of President Trump's expected signing of an executive order that would allow alternative assets like cryptocurrencies and private equity into the retirement accounts of millions of Americans.
Bitcoin (BTC-USD) rose more than 2% near 9:00 a.m. ET on Thursday, while ether (ETH-USD) and XRP (XRP-USD) were both up more than 4%. Shares of Coinbase (COIN), the biggest publicly traded crypto exchange, were up as much as 3%. Robinhood (HOOD) and Strategy (MSTR) shares each rose more than 1.5%.
President Trump's executive order, expected to be signed around 12:00 p.m. ET on Thursday, according to Reuters, will direct the Securities and Exchange Commission (SEC) to facilitate the use of alternative assets in 401(k) plans and other retirement accounts.
The order would mark a major shift in retirement investments, opening up the traditionally staid industry to more speculative and sometimes illiquid investments. Typically, most 401(k) participants are offered a mix of stock or bond funds or index products in which to invest.
was gonna try and sell my ETH at $4k or at least half of it, it got real close about 2 weeks ago and is real close again... probably gonna reevaluate as it gets closer to $5k now... just have to see how quick the price goes up if/after he signs... maybe 6k is not out of the question in the short to midterm...??
Just another thing the chili eating fat fuck that has no life or real friends was wrong about.
Still Druff’s shame and human garbage.
Given Thiel’s influence and success these days how can anyone not have plans for the crypto IPO Bullish.
Crazy times
this is exactly what trump is hoping to do
100%
https://x.com/TFTC21/status/1965060115092132002
tried to warn you
a little
https://x.com/LordofBathrobes/status...06449761173665
some news from the trenches
apparently a lot of small to medium and possibly larger firms/exchanges were not positioned to survive todays numbers.
there are a few different ways this can go;
- users start to pop up saying XYZ cant fulfill my orders because they are wiped out and my coins are in fact gone
- the parties in question raise collateral and the market recovers and everyone pretends nothing happened
- the parties in question are unable to beg liquidity and announce they are wiped out and all holdings were liquidated, which creates a run on the banks situation
bottom line is we are about to find out who had a functional risk department and who did not.