Three things I want to share briefly:
1/ I’ll explain the bearish insights we shared.
2/ My take on 1011.
3/ Thoughts on how the industry can do better.
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.🌟New Listing🌟 🎉We're delighted to announce the listing of MIOTA (IOTA) @iota on BitForex! ⏰Time: 2022/08/10 17:00 (GMT+8) 👉Join us now: bit.ly/3NLT85t Happy trading! 🔗More 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 isn’t mine — it’s my clients’. We run nodes and provide in-house insights for them.
