Stripe has clearly gotten to the stage where they are comfortable “playing with fire.”
Tempo is a clear shot across the bow that they are trying to build the next generation Visa network. There are many features here that make it a more practical network for businesses. The…
Stripe has clearly gotten to the stage where they are comfortable “playing with fire.”
Tempo is a clear shot across the bow that they are trying to build the next generation Visa network. There are many features here that make it a more practical network for businesses. The…
Someone on HN (which is often quite crypto-skeptical) asked why exactly businesses are finding crypto and stablecoins useful. It's a very reasonable question. My response:
Introducing @tempo.
At Stripe, we care about high-throughput, low-latency payments use cases. As the use of stablecoins (and crypto more broadly) grows across Stripe, Bridge, and Privy, we found that existing blockchains are not optimized for them.
For example, it's valuable…
Linea might be one to watch.
Now the 4th largest L2 and just surpassed ZkSync as the largest zkEVM by TVL.
Token launch in September with aligned ETH economics.
Seems like a pillar of the Consensys revenge arc.
And i expect ties with SBET Lubin's $4 billion ETH treasury.
Linea might be one to watch.
Now the 4th largest L2 and just surpassed ZkSync as the largest zkEVM by TVL.
Token launch in September with aligned ETH economics.
Seems like a pillar of the Consensys revenge arc.
And i expect ties with SBET Lubin's $4 billion ETH treasury. https://t.co/aASNk6jnmP
$CRCL $COIN
WOW I didn’t realize how favorable to $COIN $CRCL revenue sharing agreement with them is.
$COIN receives 100% of $USDC related interest income for $USDC held on Coinbase and 50% of all other $USDC income from reserves held in the Circle Reserve Fund 🤯
What a deal…
this crypto cycle will end with an institutional blow off top
and the next cycle will be institutionally-driven
and that will be the “dot-com” level cycle
this is the last cycle that the trenches will drive crypto
don’t be sad it’s over, be glad it happened at all
I am 100% aligned with almost all of what Tom @fundstrat says here.
Yes, Wall Street will stake because they currently pay for their infrastructure and Ethereum will replace much of the many siloed stacks they operate on (e.g. JPMorgam probably operates on several siloed stacks…
I am 100% aligned with almost all of what Tom @fundstrat says here.
Yes, Wall Street will stake because they currently pay for their infrastructure and Ethereum will replace much of the many siloed stacks they operate on (e.g. JPMorgam probably operates on several siloed stacks…
My best read on what's coming for BTC in the next few weeks based on Treasury refinancing patterns we've been tracking on the dashboard.
September has $2.35T in Treasury debt hitting the public markets for refinancing, which puts it right at the edge of what I would class an…
Hyperliquid: $5,200,000,000,000 Target Valuation
Stablecoins are a once in a century change of the global monetary architecture. Their growth will drive Hyperliquid avg daily volume (ADV) and could boost annualized fees to $258B by 2028.
Model by @CryptoHayes
chainlink's svr captured $200k in 24 hours during august crash. liquidations generate fees, 35% flows to reserve, reserve buys link. the harder markets dump, the more link gets bought programmatically. volatility became revenue.
It's official. Our first ever bidding war in crypto M&A.
Wormhole ($W). submits a $120M all cash ($USDC) bid for Stargate ($STG).
This is $10M (60%) higher Enterprise Value (EV) than LayerZero's ($25M vs $15M) - almost double the multiple on revenue (12x vs 7.2x).
1/ Pretty much every project is considering a DAT these days, and investors and liquid funds have hard pivoted into straight up aping DATs.
Yet few people, even some investors, know how they work.
So here's a thread on the latest financial 'innovation' in the future of France.
Crypto people are so retarded about rev sharing, that it's genuinely a great idea to tokenize a dividend stock with rapidly shrinking market share and then exit dump it on chain
Give the market what it wants.
Crypto people are so retarded about rev sharing, that it's genuinely a great idea to tokenize a dividend stock with rapidly shrinking market share and then exit dump it on chain
Give the market what it wants.
this episode of the @edge_pod is a must-listen for anyone who holds or is interested in holding SBET or any Ethereum treasury vehicle
if you don't have time to listen to the whole thing, jump to 29:00
SBET is run by the most giga-brained, skilled team in the business and has an…
this episode of the @edge_pod is a must-listen for anyone who holds or is interested in holding SBET or any Ethereum treasury vehicle
if you don't have time to listen to the whole thing, jump to 29:00
SBET is run by the most giga-brained, skilled team in the business and has an…
Remarkable how every time you get a correction from new highs so many people start to fret about the cycle top. Over and over again.
Some thoughts on the market:
- This indeed is not early in the move, bitcoin is already 7x from the 2022 lows, and much of the move recently is…
WTF: $ETH supply on exchanges just dropped to a 9-year low - @glassnode
Meanwhile, hedge funds keep piling into record short positions on CME $ETH futures - @CFTC data
Spot supply squeeze VS leveraged shorts… one side is about to get rekt 😏
WTF: $ETH supply on exchanges just dropped to a 9-year low - @glassnode
Meanwhile, hedge funds keep piling into record short positions on CME $ETH futures - @CFTC data
Spot supply squeeze VS leveraged shorts… one side is about to get rekt 😏 https://t.co/JIXrDpfHGA
The market seems to be pushing $ETH to fill the gap in futures from last week. The question remains whether the gap will be filled completely and how quickly it will be filled. I expect the TCOs to provide meaningful liquidity in that range and could potentially make a bottom.
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