Ape In Exile

@Tyler_Did_It thanks Raoul

Sui just got a lot faster ⚡️ The Sui consensus protocol just rolled out a major upgrade with Mysticeti v2. Mysticeti v2 integrates transaction validation into consensus + replaces old client logic with a new “Transaction Driver.” Result: ✅ ~30% faster confirmation times ✅ Lower CPU & bandwidth load ✅ More scalable validator ops A quiet but big technical win for my partner Sui.

@glengoodman thanks Glen useful context to know 👍

ETH has been dragged down to $4000 by options traders. BTC is suffering a similar but weaker downward pull. There's a massive quarterly expiry of BTC and ETH options contracts tomorrow. That's partly why we're seeing big price movements, particularly in ETH which - as you can see on this chart - has huge numbers of open options contracts at the $4000 level. What this means is that options traders have a lot of money riding on whether the price ends up above or below the 4000 level tomorrow. So expect more volatility and wild movements up to and including tomorrow, as option buyers and sellers fight hard for control of the market.

@rektcapital now you tell us…

In the 2013 cycle, it took 6 weeks of upside into Price Discovery before #BTC experienced its first major correction in Week 7 In the 2017 cycle, it took 7 weeks of upside into Price Discovery before a first major retrace of -34% in Week 8 In the 2020/2021 cycle, $BTC rallied 6 weeks into Price Discovery before BTC's first meaningful pullback of -16% It's Week 7 right now #Crypto #Bitcoin

@glengoodman haha i think you may be right!

@glengoodman i assume you aren’t a fan of the much touted btc rainbow thing then @glengoodman that suggests much higher btc this cycle than 120?

Bitcoin $100k 😅so where next? This is the (very) big picture. Bitcoin has stayed within these boundaries (except for a brief pandemic dip). The boundaries imply Bitcoin peaks at about $120k. But will it be different this time and keep climbing? (famous last words). Reasons: The Trump administration is a genuine game-changer for the crypto industry. The appointment yesterday of Paul Atkins to chair the SEC financial regulator sent Bitcoin flying over 100k. He has been a professional lobbyist for crypto-friendly regulation for many years. It's important to stress that crypto has NEVER had a friendly political environment, until now. Crypto companies have complained for years of being held back in their business ambitions. Another powerful reason is that we're in the middle of a stock market boom, and crypto tends to go where tech stocks go, which is currently up. Unless the stock market boom ends abruptly, and there's no sign of that yet, crypto is being buoyed up by a tide of general investing optimism. 120k is pretty close now, and a continuing stock market boom could help drag Bitcoin up and beyond that red boundary line. BUT it's the oldest cliché on Wall Street that traders always say "it's different this time" when they want to justify rocketing prices... and it never is. It always comes crashing down eventually. As a trend-follower, I will continue to be long Bitcoin and various cryptos, until I see the trend start to bend. That's how I catch most of the gains in each crypto cycle. Buy as the trend gets underway, sell when it's ending, before the crash gathers steam. Remember, Bitcoin tends to fall about 85% in each crash! And most other cryptos fall even harder.

@RaoulGMI @qatarairways nearly as painful as all the recent sideways chop

Qatar Airways @qatarairways is easily the best airline in the world and Qatar airport is the best airport but 19 hours here is wearing thin...soon a short 17 hour flight home after another overnight flight from Jo'burg and an 11 hour drive from Mfuwe to Lusaka before that...urgh

@RishiSunak even if this wasn’t a cynical ploy to hoodwink those less able to see through it, it’s a drop in the ocean compared to what your self publicising pandemic handouts have cost multiple generations to come. Shameless actions don’t make a leader, time to clear off

It couldn’t have been clearer in last night’s debate. Keir Starmer’s tax rises will cost working families £2,094.

@RishiSunak @narendramodi infosys, shameless self publicising, infosys blah blah

Today I spoke to @narendramodi to congratulate him on his election victory. The UK and India share the closest of friendships, and together that friendship will continue to thrive. ब्रिटेन और भारत के बीच करीबी मित्रता है, और साथ मिलकर यह मित्रता आगे बढ़ती रहेगी। 🇬🇧🇮🇳

@whirlybard @RaoulGMI @Spartytrader Hugely admire anyone, inc. @RaoulGMI’s wife with drive & adventurous spirit to attempt these feats (& have several friends of varying experience who have done so) but go easy on this guy - he is also alluding to a v real issue of overcrowding on major routes that is a big issue

@RaoulGMI @Spartytrader Hey, I'm sorry I've come across this way. As someone who identifies as a climber, who has climbed technically in the mountains for 30 years, jumaring up these crowded, guided routes on big mountains is the antithesis of climbing culture. I just don't understand the appeal.

As a climber, this is so weird: non-climbers paying huge sums to be guided up non-technical routes on high mountains. Seems like trying to grab the prize without paying the tuition, but just ending up with all the bad stuff without the good stuff.

@RishiSunak i think your algorithm is getting pretty desperate & has gone haywire now Sunak - time to disappear quietly 😆

The consequences of uncertainty are clear. No plan means a more dangerous world. You, your family and our country are all at risk if Labour win. (6/6)

We all know that Labour doesn’t have a plan. But what does that actually mean if they got into power? (1/6) 🧵

FireDancer 🔥💃🏻 will be a more significant upgrade to SOLANA than anything that has ever happened to any other blockchain

@CryptoCred 😂😂

“What do you do?” “I’m a professional cryptocurrency trader.” “What do you think of the market?” “A cartoon duck is bearish memes and flipped his profile pic upside down, which he famously did in 2018 when he crushed the bear market. But Ansem, future Mayor of New York City, is fervently disagreeing. We’re running out of GCR permutations based on ethnicity so now we’ve called the cartoon Duck ‘Gay GCR’, named after the bird dude who has one of the best public track records and long-term predictions. Most people seem to think the cartoon duck is washed and are dunking on his takes based on meme outperformance relative to other sectors, but the confidence of the reply guys is worrying some traders as the very idea of the meme cycle topping is a prima facie non-starter for them. The WIF 1-second chart is a war zone. Also, Raoul Pal just came up with his fifteenth version of some macro liquidity thing called the banana zone and Huss is using the Saudi sovereign wealth fund to long ETH. So the market is trying to price upside down cartoon duck and militant reply guys versus memecoin strength, Ansem, and the banana zone.”

@RestIsPolitics @RoryStewartUK @campbellclaret When will you be releasing your AI alter egos & what will you do with all the free time?

🚨QUESTIONS REQUEST 🚨We're recording our next episode on Tuesday morning. What would you like to ask @RoryStewartUK + @campbellclaret ? Domestic or international, timely or timeless - reply with your questions below👇

@knox_trades barbell portfolio

Dead lift, 4x3, 1.6x body weight Getting there

@RestIsPolitics any lettuce on the lunch menu?

Any more questions? We're recording at lunch time today. Reply below 👇

@MySol2Squeeze someone bought your account then, who are u now?

I'm not surprised P Diddy is a rapist, and I won't be surprised when $SOL is 500

@TrustlessState $5 is enough to deter us “Solana people” if there is such a thing

Solana people haven't touched Ethereum since 2021 and then convinced themselves that gas fees are $400 lmao

@VinnyLingham 😂😂

Why would he do this to ETH?!

@kevinrose Good to see you back & hopefully dropping interesting alpha like the early days of the proof podcast

@JohnJCrace tw*t meets tw*t in who’s the biggest tw*t contest. Sunak won without trying

The longest hour: Piers Morgan’s excruciating ‘interview’ with Rishi Sunak theguardian.com/politics/2024/…