$ICP just quietly removed the thing that gets bridges hacked every year: BSC News is reporting Internet Computer contracts can now hold and spend Bitcoin directly, no bridge in between.
that matters more than it sounds. every cross chain bridge is a honeypot waiting for an exploit, and ICP's whole pitch here is contracts that fetch web data without an oracle either. two middlemen removed from the stack in the same news cycle.
price is backing it up too, $ICP is up 14.33% this week while most of the market chops sideways. that's people actually pricing in the bitcoin integration story.
right now $ICP trades at $2.46. if it holds above $2.44, i think it pushes back toward that $2.54 high from the last 24 hours as this bridgeless bitcoin story keeps spreading. if it loses $2.44, i'm wrong on this and anyone who bought the news is sitting on a red trade with no story left to defend.
holding $2.44 or losing it this week?
follow me for more calls like this.
that matters more than it sounds. every cross chain bridge is a honeypot waiting for an exploit, and ICP's whole pitch here is contracts that fetch web data without an oracle either. two middlemen removed from the stack in the same news cycle.
price is backing it up too, $ICP is up 14.33% this week while most of the market chops sideways. that's people actually pricing in the bitcoin integration story.
right now $ICP trades at $2.46. if it holds above $2.44, i think it pushes back toward that $2.54 high from the last 24 hours as this bridgeless bitcoin story keeps spreading. if it loses $2.44, i'm wrong on this and anyone who bought the news is sitting on a red trade with no story left to defend.
holding $2.44 or losing it this week?
follow me for more calls like this.
