Jon Carr

We are so back. Dropping this evening, @annanay (QFEX founder, ex-Flow/Tower quant) on why: hard work > talent, horizontal trading ladders, and why everyone's wrong about exchange metrics Key quote from the ep for me: "YC's $125k for 7% seemed like a lot. now we'd do it again in a heartbeat" Full ep in bio ++ the echoing dap is my favourite part of the trailer.

So good to see $srrk getting some love here. Even more compelling is Embraze showing a 55% preservation in lean mass vs 30% with GLP-1s alone. There’s no sacrifice in fat loss and even better fat reduction results too, which hints at a future beyond weight loss imo. Imagine this as a muscle-preserving therapy for an aging population or sarcopenic patients, not just obesity. SRK-439 has the potential to transform how we treat frailty and health-span. Upside potential here is truly wild.

$OM dumped -92% ($5.00 to $0.37) in 1 hour Everyone's blaming the team and guessing what happened I pulled over 15 million trades from Binance & Bybit Here's what really happened 👇

@Romatose The ticker is $magaaa

PREDICTION: Barron Trump will be POTUS #51 at the age of 42 Trump will serve 4 years JD Vance will be #48 and serve 8 years #49 is unclear at the moment , but I believe the 12 years under trump and subsequently Vance will be a golden age for the USA and will lead to a subsequent republican victory and an 8 year republican president At this point we will have a totally reformed Democratic Party. Woke will not be on the menu. #50 will be a democrat running on an anti ai, pro big brother govt handout platform , serving 4 years #51 will be Baron running on a pro tech and free market platform. The campaign slogan will be MAGAAA : make America great again again

@stack__sats @ZynCoinERC20 $zyn stays in

This is absolutely priceless. And probably the most frightening clip you'll ever watch on the people in charge of the US economy. Jared Bernstein is literally the Chair of the Council of Economic Advisers, the main agency advising Biden on economic policy

This is bad. Crypto is not just about trading tokens, it's part of a broader ethos of protecting freedom and privacy and keeping power in the hands of the little guy. And these values unfortunately continue to be under attack, globally.

America Has Become A Society Of Gamblers You can see this everywhere you look. Zero-day options are dominating public markets. Meme coins are bought and sold like 1980’s boiler room penny stocks. Major sport leagues are integrating sports betting into every corner of their operations. Risk taking might as well be the 28th amendment to the US Constitution at this point. This is what happens when a nation’s currency is being destroyed. People continue to fall behind financially and the wealth inequality gap widens. Rather than seeing a path to financial security, the average person loses hope. There is no path to a brighter future. Once hope is lost, the gambler’s mindset takes over. So what if they lose a little money on a 100:1 odds bet? The alternative is a life of debt and financial pressure. Gambling is the best of two bad choices — at least the individual feels a degree of agency when selecting which bet to make. This is insane behavior when viewed through a logical lens, but it makes complete sense when you view it through human psychology. Gambling gives people hope in a broken economy. You may not think that the US economy is broken, but the average American would disagree. It is now less expensive to rent than purchase in all 50 major metros. Citizens owe more than $1.1 trillion on credit card balances. More than 43 million Americans have federal student loan debt, with the average balance being more than $37,000. The US dollar has lost 25% of its purchase power since January 2020. For every $1 someone had 4 years ago, they can only buy $0.75 worth of goods today. Given these facts, gambling doesn’t seem so illogical. There are only two paths to fixing the problem. Either the United States figures out how to stop the accelerated debasement of the currency, which would allow citizens to gain restored confidence in the protection of their hard-earned economic value, or citizens will have to resist the urge to gamble and instead seek out alternative assets that help them outperform the inflation they are experiencing. It is hard to tell someone to buy the S&P 500 when they feel like they have to find 10x investment opportunities to stay ahead. Singles and doubles have created many millionaires. Home run swings lead to many strike outs. But this data doesn’t matter when people have lost hope. They need the light at the end of the tunnel, which is being shined brightest today by zero-day options, meme coins, and sports betting. Many of us may not agree with it. We must acknowledge what is happening though. The future damage created by this development is hard to comprehend. An entire generation is growing up in a different regime and it is unlikely they can be coaxed back into value investing, dollar-cost averaging, and other timeless investing principles. YOLO and FOMO rule the day. Such a sad reality.

Charting BTC against funding over the past 90 days, we’re seeing a build up similar to gap higher we saw at the end of Feb. With BTC looking flaggy, not something I’d want to be short here, especially off the back of a fresh day of #ETF inflows… #higher

Some thoughts on microstructure here… Despite OI being relatively since the open yesterday, $BTC & $ETH funding climbed higher (49% & 28%, respectively). There’s simply not enough cash to close this funding trade.

Holder count is up. Community vibes are up. Jeets are out and $ZYN is in. To zynfinity and beyond legends. $ZYN is tokenized culture. See you in Zynbabwe. $ZYN is not a sin.

@ZynCoinERC20 Not a sin to $zyn

We have over 4K $ZYN holders. We want to follow every legend that throws in upper decky lip pillows for breakfast, lunch, and dinner. We’re a movement. And we’re not stopping. Let’s connect the fam. Comment $ZYN for a follow back.

How many currencies is $BTC hitting ATHs against today?

As the eth overwriter endlessly supplying the market with gamma, atm implied vol is struggling to retake a 40 handle. Looks like dealers are running long, which is a healthy place for them to be as eigenlayer approaches and eth etf news starting to gain traction.

Surprised no positive px action for $mana & $sand on the back of Apple’s Vision Pro release Metaverse narrative seems tapped even with the help of Tim Cook & co.

@edels0n @matt_levine I think it’s a function of the market’s positioning, so we’re seeing some short squeezes and naturally people chasing higher—back on the pain train soon…

What's happening to BTC? Surely not the @matt_levine effect ... right?

@howardlindzon Howard! Read: profgalloway.com/tiktok-trojan-…

@edels0n I prefer the ones that begin: “millions of minutes ago”

Beware of decks & marketing copy that begin: "Thousands of years ago..."

*GOLDMAN CONDUCTS ITS FIRST OVER-THE-COUNTER CRYPTO OPTIONS TRADE *MOVE MARKS FIRST SUCH TRANSACTION BY A MAJOR WALL STREET BANK *TRADE IS FACILITATED AND EXECUTED BY PARTNER GALAXY DIGITAL

BTC/USD, ETH/USD. 100 vol’s. Let’s be honest, is it BTC and ETH that are the “100 vol assets”? Or is it the dollar ?