Three things I want to share briefly:
1/ Iβll explain the bearish insights we shared.
2/ My take on 1011.
3/ Thoughts on how the industry can do better.
Garrett
1,417 posts
Garrett
@GarrettBullish
macro, crypto, stocks and everything that moves them.
garrettsignal.com
Joined October 2018
- Hey bosses of the biggest exchanges on this planet, @cz_binance @chameleon_jeff @Leonard_Aster @benbybit @star_okx @justinsuntron The 1011 crash proved how badly markets need liquidity under extreme volatility. The first exchange to set up a stabilization fund will not only
- The biggest problem in the crypto space is that most projects have no cash flow. For comparison, TikTok was sold for $14 billion in the U.S., while many cash-flow-negative crypto projects are valued at tens of billions. This diverts funds away from Bitcoin and Ethereum. Exchanges
- We remain bearish. The recent price rebound was largely driven by excessive long leverage. The 10/11 crash wiped out most leveraged players. Until exchanges establish stabilization funds to restore market confidence, a sustainable upturn is unlikely.
- Let's spread the word of #IOTA in Asia together! #TanglePay #TangleRally @bitforexcom is listing $MIOTA and the upcoming $SMR and its ecosystem tokens.πNew Listingπ πWe're delighted to announce the listing of MIOTA (IOTA) @iota on BitForex! β°Time: 2022/08/10 17:00 (GMT+8) πJoin us now: bit.ly/3NLT85t Happy trading! πMore details: bit.ly/3SGKetm #Bitforex #IOTA #cryptotrading
- The #IOTA MPC validators have been chosen! Congratulations to the validators @soon_labs @SPYCE_5 @ShimmerSeaDEX @TangleSwapE @dlt_green along with @ShimmerGov. The validators will prepare the node setup and test on the upcoming Shimmer EVM beta. We will be able to use it soon!
- It's been an incredible journey building on #IOTA. Over the past few days, our team has been processing the monumental news about IOTA 2.0 and its future plans. As a builder, I am both thrilled and feel a sense of duty. Our team, among others, has the potential to steer these
- The fund isnβt mine β itβs my clientsβ. We run nodes and provide in-house insights for them.
- Regarding President Trumpβs comment that the U.S. will not impose new tariffs on China, our view is: 1.The decision to pause the tariff war does not rely solely on U.S. side. 2.To achieve a full resolution, the U.S. would need to show more goodwill. 3.The
- Dear #IOTA community, In light of the recent announcements, I can't help but feel a deep sense of disappointment. Tangle technology has been the backbone of our innovationsβit holds immense untapped potential, and we are here because of this supreme technology. Abandoning it now
- 1/ The recent U.S. equity rally has been driven by leveraged funds, which are now in the process of deleveraging. 2/ AI-related meme stocks, which were heavily hyped, have already gone lower ahead of the market last week. 3/ U.S. private credit is starting to default, with
