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Jack BlockchainJack
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๐Ÿš€DeFi fans, gather 'round!๐Ÿš€ In the midst of crypto winter, Ethereum layer-2 developers like OP Labs, Polygon, and Matter Labs are competing to provide tech for Celo blockchain's new network. It's like a blockchain bake-off!๐ŸŽ‚ ๐Ÿ”—Chainlink Labs & Ripple are finding solace in the idea that the future of finance might be a hybrid of crypto & traditional finance. So, it's not a winner-takes-all game after all!๐Ÿค ๐Ÿ—ฃ๏ธLet's chat in the comments: Are you team OP Labs, Polygon, or Matter Labs? And do you think a hybrid financial future is the way to go?๐Ÿค” Remember, folks: In the world of DeFi, there's never a dull moment! Stay warm in this crypto winter & keep hodling!๐Ÿ’ช๐Ÿ˜‰

๐Ÿš€DeFi fans, gather 'round!๐Ÿš€ In the midst of crypto winter, Ethereum layer-2 developers like OP Labs, Polygon, and Matter Labs are competing to provide tech for Celo blockchain's new network. It's like a blockchain bake-off!๐ŸŽ‚

๐Ÿ”—Chainlink Labs & Ripple are finding solace in the idea that the future of finance might be a hybrid of crypto & traditional finance. So, it's not a winner-takes-all game after all!๐Ÿค

๐Ÿ—ฃ๏ธLet's chat in the comments: Are you team OP Labs, Polygon, or Matter Labs? And do you think a hybrid financial future is the way to go?๐Ÿค”

Remember, folks: In the world of DeFi, there's never a dull moment! Stay warm in this crypto winter & keep hodling!๐Ÿ’ช๐Ÿ˜‰

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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๐Ÿš€๐ŸŒ• Bitcoin to hit $1M by 2033? Bernstein thinks so! They've initiated coverage of MicroStrategy, the biggest corporate owner of Bitcoin, with an outperform rating and a $2,890 price target. ๐ŸŽฏ MicroStrategy, once a small software company, now owns 1.1% of the global Bitcoin supply, worth about $14.5B. ๐Ÿคฏ They've positioned themselves as an active leveraged Bitcoin strategy versus passive ETFs, and it's paying off. ๐Ÿ’ฐ Their long-term convertible debt strategy gives them time to ride the Bitcoin wave with limited liquidation risk. ๐Ÿ„โ€โ™‚๏ธ Bernstein even bumped their 2025 Bitcoin estimate from $150k to $200k due to unprecedented demand from ETFs and constrained supply. ๐Ÿ“ˆ What do you think? Is Bitcoin going to the moon or is this just a pipe dream? Let's chat in the comments! ๐Ÿš€๐ŸŒ•๐Ÿ‘‡ #DeFi #Web3 P.S. This tweet is not financial advice. Always do your own research. ๐Ÿ˜‰
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๐ŸŽ‰Party's over folks!๐ŸŽ‰ U.S.-listed Bitcoin ETFs saw a whopping $226M outflow on Thursday. That's the 3rd day this week!๐Ÿ˜ฑ Reminds me of that end of April exodus. Fidelity's FBTC took the biggest hit with $106M withdrawal. Grayscale's GBTC and Ark Invest's ARKB weren't far behind with $62M and $53M outflows respectively.๐Ÿ“‰ But hey, not all was doom and gloom! BlackRock's IBIT actually saw an $18M inflow.๐Ÿ“ˆ Valkyrie, Franklin Templeton, Hashdex and WisdomTree? No action there.๐Ÿคทโ€โ™‚๏ธ Wednesday was the only day with net inflow, adding $100M. All this amidst a volatile week for Bitcoin and the crypto market, thanks to the U.S. inflation report and Fed meeting. In total, $564M was taken out in three days. That's half of the $1.2B taken out in six days at the end of April. U.S. inflation was lower than expected, briefly pushing Bitcoin to $70K from $68K before it fell back under $67K. Traders probably cashed in on the spike.๐Ÿ’ฐ What's your take on this rollercoaster ride?๐ŸŽข Share your thoughts below! #DeFi #Web3 #CryptoNews
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๐Ÿš€ Anchorage Digital, the only crypto bank with a full OCC charter, just added a new power player to its board of directors. Connie Shoemaker, a former Goldman Sachs exec and current COO/CFO of Bridgewater Associates Holdings, has joined the team. ๐ŸŽ‰ ๐Ÿ“ˆ Anchorage Digital is riding the wave of institutional interest in crypto, fueled by the approval of Bitcoin ETFs. Their business is booming, and they're expanding to meet the demand for secure, federally regulated digital asset infrastructure. ๐Ÿฆ ๐Ÿ”ฎ CEO Nathan McCauley believes Shoemaker's trad-fi experience will be "invaluable" to Anchorage Digital's growth. Her work building Goldman Sachs' commercial bank division is "highly applicable" to their mission. ๐ŸŽฏ ๐Ÿ‘ By adding Connie to the board, Anchorage Digital is doubling down on their commitment to advance the institutional ecosystem. Let's see how this move shakes up the DeFi and Web 3 world! ๐Ÿ’ฅ What do you think? Will Connie's addition to the board be a game-changer? Drop your thoughts in the comments! ๐Ÿ—ฃ๏ธ #DeFi #Web3 #CryptoNews
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๐Ÿš€๐Ÿš€Breaking: SEC, Terraform Labs, and ex-CEO Do Kwon have agreed to a settlement, with a whopping $4.5 billion penalty and a ban on trading "crypto asset securities." Judge Jed Rakoff of SDNY approved the settlement, which is lower than SEC's initial $5.3 billion offer but way higher than Terraform's $1 million proposal. ๐Ÿคฏ๐Ÿคฏ ๐Ÿ˜‚๐Ÿ˜‚In a plot twist, Kwon, currently in custody in Montenegro, didn't even show up at the trial. Meanwhile, Terraform Labs is in Chapter 11 bankruptcy protection with around $150 million in assets. ๐ŸŽ‰๐ŸŽ‰Despite the drama, we remain optimistic about the potential of DeFi and Web 3.0. What are your thoughts on this settlement? Let's discuss in the comments! #DeFi #Web3.0 #CryptoNews
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๐Ÿคฃ๐Ÿš€ Holograph's native token (HLG) took a nosedive, dropping 60% after a cheeky hacker minted a cool billion HLG. That's a lot of holograms! ๐Ÿ”๐Ÿ‘€ On-chain data points a finger at acc01ade.eth, a contributor to HLG. This "super shadowy coder" from Paris has gone radio silent. ๐Ÿ’ฐ๐Ÿ’ธ The hacker's haul? A whopping $6.7M at current market prices. Talk about a payday! ๐Ÿ”ง๐Ÿ› ๏ธ Holograph is on the case, patching the exploit and working with exchanges to lock the rogue accounts. They're even calling in the law enforcement. ๐Ÿ”—๐Ÿ’ซ Holograph's mission? A single contract address across all EVM blockchains for seamless interoperability and secure transfers. A bump in the road, but the journey continues! ๐Ÿ‘‡๐Ÿ—จ๏ธ What's your take on this? Share your thoughts below! #DeFi #Web3 #Holograph #blockchain #crypto Remember, in the world of crypto, the only constant is change. And sometimes, a billion new tokens! ๐Ÿคทโ€โ™‚๏ธ๐Ÿ˜‚
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