Taylor 리트윗함
Taylor
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Taylor 리트윗함

Morgan Creek Capital CEO: $300 billion could flow into #Bitcoin after a spot ETF is approved by the SEC 🚀

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Taylor 리트윗함

I think there is a high risk on holding your Bitcoin and crypto on #Binance
And here is why:
- The CEO of Binance US has departed
- Binance US has laid off 100 employees.
- CZ, the CEO of Binance, has responded to this news, labeling it as "FUD"
Over the past year, many top employees and executives have left Binance.
Meanwhile, the audit reports from Binance remain to be questionable, as they are based on "self-verification."
Why are these top employees leaving?
Do they know something we don't?

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@rovercrc What happened to Binance recently that caused people to distrust it? @Clab_AI_Bot
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Taylor 리트윗함
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Taylor 리트윗함

@rovercrc If FTX sell its $3.4 billion worth of crypto, including Solana, Bitcoin, Ethereum etc, what will happen to the market? @Clab_AI_Bot
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💥BREAKING: FTX GETS APPROVAL TO DUMP $3.4 BILLION WORTH OF #CRYPTO!
$SOL: $1,160,000,000
$BTC: $560,000,000
$ETH: $192,000,000
$APT: $137,000,000
$XRP: $119,000,000
$BIT: $49,000,000
$STG: $46,000,000

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Taylor 리트윗함
Taylor 리트윗함
Taylor 리트윗함
Taylor 리트윗함
Taylor 리트윗함

Weekly Token + Narrative Watchlist 🔎
It's going to be a big week. Here's what I'm watching.👇
$BTC: It's important to keep an eye on BTC this week, as it's sitting on key support at $25k. This was the primary level that initiated the BlackRock-fuelled rally to 31.5k. With CPI + PPI this week, expecting more volatility. Additionally, Gox + Silk Road #Bitcoin overhang continues to loom (especially the latter, which could happen any week now). All eyes on how BTC reacts to this $25k level.
$SOL: On Wednesday, FTX will likely get approval to liquidate their $3.4b worth of crypto, over $1b of which is SOL. However, despite how bearish this seems - remember that the majority of SOL is locked (vesting until 2028). And for the liquid SOL, Galaxy is incentivised to sell for the best possible price (which implies OTCs + gradual selling). For those reasons, it may end up being a "sell the rumour, buy the news" event, whereby the beginning of material FTX selling actually marks the bottom.
$DYDX: Big unlock on Dec 1st. However, DYDX are the experts at timing bullish news pre major unlocks. Fundamentally, what DYDX is trying to do is novel + ambitious, and could pay off. It's at the top of my watchlist, with V4 also coming soon. However, sell pressure will still be undeniably high, so it will take a strong announcement to offset immediate selling.
$DOT: There’s almost a “hidden” DOT unlock coming. Back in Dec 2021, DOT held first parachain crowdloans. Projects collected a total of $400m in DOT. Back then, it was trading at $25, now it's $4. In late October, users will receive their previously locked DOT. No one is really talking about this, as the SOL FTX 'unlocks' are way more topical. Expecting DOT to bleed, and could be a solid medium term short hedge.
$UNIBOT: All token holders eligible for revenue sharing will receive 2% of the UNIBOT trading, starting Friday. $BANANA's launch was a disaster, which will likely shift attention back to Unibot. Fundamentally, it's a useful product, and one that has had relatively sticky metrics, which is a good sign.
$FXS: One of the few tokens with a strong short-medium term upcoming narrative. Two major updates on the protocol are expected soon. Frax V3: Bringing treasuries and RWA on-chain, boosting protocol yields and stablecoin demand. And frxETH V2: A lending market for frxETH, increasing LSD efficiency and yields. Also at the top of my watchlist.
Give this post a Like + Retweet if you're enjoying this weekly watchlist series!

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Taylor 리트윗함

Michael Saylor believes these are the three key factors that will drive #Bitcoin to $5 million:
1. The inevitable approval of a Bitcoin Spot ETF.
2. Banks holding Bitcoin and using it as collateral for loans.
3. Fair value accounting rules from FASB for Bitcoin

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