Justin Kool

@CryptoMichNL @MTVDS1

The $ETH ETF has insane numbers. First 15 minutes already 50% of #Bitcoin's first day in terms of volume: $112 million. The Ethereum ETF launch is heavily undervalued and I expect it to trade towards an ATH in the coming 1-2 months.

@EchelonMarket @MTVDS1

@JSeyff @MTVDS1

Bitwise out with a comical Ethereum commercial. Worth a watch Hahaha. The ETFs are coming.

@naiivememe @MTVDS1

@JSeyff @MTVDS1

Looks like odds just went up for SEC to deny Ethereum ETFs by claiming #Ethereum is a security. Not a guarantee that they will do this but i think this almost guarantees that the SEC is at least considering it. (not groundbreaking but first i've seen in public SEC documents)

@TheCryptoLark @MTVDS1

Hong Kong likely to approve BOTH Bitcoin and Ethereum spot ETFs as soon as Monday! China about to start bidding the same week the Bitcoin halving is happening!!! Holy shit

@0x_kappa @NGC_Ventures @MTVDS1

Roger lim from @NGC_Ventures is aping $enqai and you are missing out 😂 etherscan.io/tx/0xbac84ad04…

@0x_gm @MTVDS1

AI is growing fast and could become the next multi Trillion dollar sector in Crypto $TAO is currently leading the market at a $4b marketcap. But it should have fear for one project called $ENQAI taking its spot. What is it about? We are still early. 👇🧵

@wacy_time1 @enq_AI @MTVDS1

◢ @enq_AI - $ENQAI ➜ EnqAI stands out as a pioneering AI platform offering boundless possibilities in generating images, audio, and LLM's. Powered by a decentralized GPU network, it ensures impartial, agenda-free, and uncensored features. It breaks new ground as an innovator.

I've chosen to postpone the release of this thread for a while, waiting for the market to settle down. I aim to discuss projects that transcend weekly trends. These projects may eventually emerge as industry giants, and that's the core message of this thread. By allowing some time for things to calm down, people will come to appreciate these projects as truly valuable.

@jake_xbt @dymension @MTVDS1

So @dymension Mainnet is live, none of the validators can reach consensus because there is a bad validator in the set, Chorus One, with 34.8% of the staked tokens delegated to it.

@wacy_time1 @MTVDS1

The first airdrop for $PYTH stakers. My theory was: more stakes = more rewards. So far, it's proving to be true. $PYTH can be used by hundreds of different projects, and each of them can distribute free tokens to stakers. This year will see dozens of launches. More launches = more rewards.

@PythNetwork @osmosis @MTVDS1

🧪 Welcome to @osmosiszone or the Interchain Liquidity Lab Osmosis is now contributing its real-time market data for Cosmos-native tokens to Pyth This collaboration greatly enhances the data offerings of the Pyth Network, especially for the Cosmos DeFi ecosystem. Learn more below: ℹ️ About Osmosis Osmosis is an advanced Automated Market-Making (AMM) protocol focused on privacy, AMM design, and the rapidly expanding interchain. Osmosis is delivering optimal trades through innovating new models of market-making curves, batch execution, and deep liquidity, incentivized through a novel LP-bonding system. In 2023 alone, Osmosis has facilitated north of $1.5B in total trading volume! “Integrating Osmosis into Pyth Network’s coalition of first-party publishers, alongside some of the most prestigious trading firms and exchanges in the industry, is an exciting milestone and a massive unlock for Cosmos DeFi users”, said Sunny Aggarwal, Osmosis Co-Founder. “By consistently providing Pyth with high fidelity on-chain price data from Osmosis, Pyth’s existing oracle network — which powers the multichain DeFi ecosystem — becomes stronger than ever.” "Douro Labs takes great pride in its expansive partnership with Osmosis, the premier decentralized exchange on Cosmos”, said Abhimanyu Bansal, Head of Partnerships at Douro Labs. “Renowned for its innovation, Osmosis's role as a data provider to Pyth Network further underscores their dedication to fostering a secure and decentralized financial ecosystem. Together, our collaboration strengthens the foundation for a dynamic and reliable financial future.”

@ShogunMasterRoy @bittensor_ @communeaidotorg @MTVDS1

Bittensor $TAO VS Commune $COM 💻 - A comprehensive comparison There are a lot of arguments on CT about which one is better, @bittensor_ the OG or @communeaidotorg, a heavily modified fork. After doing a deep dive on both, here is my objective analysis FYI - I am invested in both and I believe in a world where both Pepsi & Coca-Cola exist, so why should it be one and not the other? Meet the Pioneers of Blockchain-ML Integration - Bittensor $TAO: Introduces a decentralised network specifically for machine learning, focusing on creating a global neural network. It emphasises incentivizing data sharing and model training across a distributed ledger. Commune AI $COM: Presents a modular framework for ML, stressing on interoperability and reusability of ML models. It aims to create a more open and collaborative ML environment, breaking away from platform-centric models. Technical Architecture: Building the Foundations Bittensor $TAO: Built around a unique neural blockchain network. It utilizes specialized nodes (neurons) that communicate and collaborate for ML tasks, incentivized through a custom token system. Commune AI $COM: Develops around the 'Modulus' framework, focusing on modular and interoperable ML components. This allows for greater flexibility and scalability in integrating various ML tools and environments. Module/Node Structure: The Core Units Bittensor $TAO: Each node in the network acts independently, contributing to the overall ML process. Nodes are rewarded based on their contribution, fostering a competitive yet cooperative ecosystem. Commune AI $COM: Introduces Module Blocks as core units, which are highly versatile and support multiple inputs and outputs. This encourages the development of more adaptable and scalable ML models. Data Management and Storage: Securing and Utilizing Information Bittensor $TAO: Focuses on decentralised data storage and management, leveraging blockchain's inherent security features. This ensures data integrity and accessibility across the network. Commune AI $COM: Offers a robust file-system for modules, enabling organized and efficient data management. This enhances the deployment and maintenance process of ML modules. API and User Interaction: Bridging Users and Technology Bittensor $TAO: Provides a unique API that interacts with the neural blockchain network, allowing users to access and contribute to the ML process easily. Commune AI $COM: Features a comprehensive Module Manager API for overseeing module activities, offering a user-friendly and intuitive interface for managing ML operations. Interoperability and Connectivity: Expanding the Network Bittensor $TAO: Each neuron/node in the network can connect and communicate with others, forming a cohesive and dynamic ML network. Commune AI $COM: Emphasizes seamless connectivity between modules, both locally and remotely, facilitating a more collaborative and interactive ML environment. Security and Governance: Protecting the Ecosystem Bittensor $TAO: Implements robust security measures to protect the integrity of the neural network and its data. Commune AI $COM: Focuses on secure module access control and implements smart contracts to ensure compliance and governance in module interactions. Tokenomics and Incentive Structures: Fueling Participation Bittensor $TAO: The TAO token is central to the ecosystem, incentivising nodes for their contributions to the ML network. $TAO token plays a central role in its ecosystem. It incentivises nodes (neurons) for their contributions to the ML process, creating a token-based economy that rewards data sharing and model training. This approach encourages active participation but may also introduce challenges related to token distribution and value stability. Commune AI $COM: While not relying on a native token for its core operations, it allows developers to monetize their modules and interactions in various ways, providing financial incentives for participation. $COM's approach to tokenomics is less direct, as it does not rely on a native token for its core operations. However, it allows for the monetization of modules and interactions, which can provide financial incentives for developers and contributors. This approach focuses more on the utility and market value of individual modules rather than a centralized token economy. Scalability and Future Prospects: Looking Ahead Bittensor $TAO: Aims to scale up its neural network to create a truly global and decentralized ML ecosystem. Commune AI $COM: Focuses on expanding its modular framework to accommodate a wider range of ML tools and applications, aiming for a more open and collaborative ML future. Pros of Commune AI $COM: Modular Framework: Offers great flexibility and scalability in ML development, enabling easier integration of various tools and methodologies. Interoperability: Its focus on interoperability makes it easier to use and integrate with existing ML systems and tools. User-Friendly: The platform is designed to be accessible to a broad audience, from beginners in ML to experts. Efficient Data Management: The organised module file-system enhances the ease of deployment and maintenance. Innovation-Friendly: The open and collaborative approach encourages innovation and sharing in the ML community. Cons of Commune AI $COM: Dependency on Community Engagement: The success of the platform heavily relies on active community participation and contribution. Lack of Native Token Incentivisation: Without a native token system, the platform might lack a direct incentivisation mechanism for contributors. New Market Player: Being relatively new, it may face challenges in gaining widespread adoption and trust. Pros and Cons of Bittensor's $TAO Protocol Pros of Bittensor $TAO: Decentralised Neural Network: Creates a unique and innovative approach to ML, leveraging the power of a global neural network. Token Incentivisation: The TAO token system incentivises participation and contribution, motivating developers and data scientists. Data Security and Integrity: Utilizes blockchain's security features for data management, ensuring integrity and reliability. Scalability: Aims to scale globally, potentially leading to a vast and powerful decentralized ML network. Established Presence: As an earlier market entrant, it may benefit from greater recognition and trust in the crypto and ML communities. Cons of Bittensor $TAO: Complexity: The concept of a decentralized neural network may be complex for new users to grasp and engage with. Competitive Environment: The token-based incentivisation could create a highly competitive environment, possibly leading to centralisation tendencies among more powerful nodes. Resource Intensiveness: Operating a node might require significant computational resources, potentially limiting broader participation. Conclusion: Trailblazers in Their Own Right Bittensor $TAO and Commune AI $COM both represent significant advancements in integrating blockchain with machine learning. While Bittensor focuses on creating a decentralised neural network incentivised through tokenomics, Commune AI emphasizes a more open, modular approach, offering flexibility and scalability in ML development. Both projects hold the potential to revolutionize how machine learning and blockchain technologies converge and interact. Back to the analogy, where in an ideal world, both Pepsi and Coca-Cola can co exist. Excited to see how both scale and grow

@BlockSecTeam @KyberSwap @MTVDS1

.@KyberSwap was exploited due to tick manipulation and double liquidity counting. In summary, the attackers borrowed a flash loan and drained the pools with low liquidity. By executing swaps and altering positions, they manipulated the current prices and ticks of the victimized pools. Ultimately, the attacker triggered multiple swap steps and cross tick operations, resulting in double liquidity counting and consequently draining the pools.

@sandeepnailwal @PythNetwork @MTVDS1

@milesdeutscher @MTVDS1

Weekly Token + Narrative Watchlist 🔎 With the market heating up, let's look into some of the most interesting plays this week.👇 $BTC: Price held at the key $25k support level (despite adversity), and bounced nicely. Huge recent 15% uptick in open interest is very intriguing, alongside outperformance vs equities. Price is moving like someone knows something (ETF approval maybe?). Paying close attention. $STX (+ $BCH & $XEC): All beta #Bitcoin alt plays. With dominance recently on the rise, these could be a decent way to capture upside if BTC keeps moving upwards (all part of the BTC narrative leading into the halving). Keep in mind you are assuming more risk by dabbling here. $ARB: Some large players capitulated last week, resulting in millions of $ in ARB sent to exchanges. Consequentially, ARB hit its most oversold level in its history according to the RSI on the daily. However, there are positives here: Arbitrum have just confirmed their inagural incentive program, with 50M ARB will be distributed to active Arbitrum protocols that apply for a grant. Additionally, the looming EIP-4844 will be a strong tailwind for L2s. $LINK: LINK's weekly chart continues to amaze - in the clearest of accumulation patterns. One day this will break up, and force everyone to buy higher. Recently pivoted nicely from the bottom of the range, still in the lower half. A move to the top of the range at $8.5 is still 25% away. Starting to show relative strength. $RLB: On chain tokens are making a slight comeback, with $BITCOIN up 30%. Given Friend Tech may have peaked for a couple days/weeks, maybe we could see some rotation back into our favourite on chain coins. The Rollbit thesis is simple, however: The chart looks good, sports season is starting, revenue is holding nicely and RLB is still burning at a rapid pace ($1.2m in the past 7 days). $RDNT: Finally starting to exhibit some relative strength, likely due to the launch of their Mainnet in 2 weeks time. Radpie is also set to launch around the same time, and RDNT will also be a beneficiary from the Arbitrum short-term incentive program. $GMX: We haven't had great volatility recently, but extended periods of contraction typically lead to rapid expansion. I don't know exactly when this will be (next week, next month etc.) but we know that when volatility returns, perp DEXs will be a major beneficiary as more fees are generated via trading volume. However, the reason I'm picking GMX here is due to the ARB incentive program, which could spike renewed interest in the ecosystem. Give this post a Like + Retweet if you're enjoying this weekly watchlist series!

@LilMoonLambo @MTVDS1

my entire net worth is in this man's hands

@CoinDesk @LidoFinance @cosmos @shauryamalwa @MTVDS1

JUST IN: $ETH staking giant @LidoFinance will work with two @cosmos ecosystem projects to bridge Lido's staked ether (stETH) tokens to the Cosmos network. @shauryamalwa reports trib.al/osKPvhk

@Cryptocito @MTVDS1

Cosmos Hub, $ATOM ⚛️ Today is the launch of the Liquid Staking Module on the Cosmos Hub. It is a gamechanger for liquid staking in Cosmos and also impacts the inflation rate of ATOM as well as the future of Cosmos DeFi. The implementation of the liquid staking module means no more need to wait 21 days to unbond and no more choosing between Staking or DeFi. You can instantly liquify your already staked ATOM and use them in Cosmos DeFi, without sacrificing Staking APR. Right now, the bonded ratio for ATOM is 67.8%. As long as it's above 66.67%, the inflation rate is slowly going down to a floor of 7% - currently its at 14.26%. The higher the bonded ratio goes, the faster the inflation rate goes down. The LSM going live means unlocking over $400 million worth of ATOM which accelerates Cosmos DeFi and strengthens the position of liquid staked ATOM from various providers such as Stride, pStake or Quicksilver. The next step is for dApps and money markets to provide use cases for liquid staked ATOM which is already in the works 🛠️

@bitcoinarchive @MTVDS1

NEW: Grayscale lawyer asked to meet with SEC "as soon as practical" discuss converting Grayscale’s #Bitcoin trust into a spot ETF. ‼️Grayscale says its Bitcoin Trust is ready to operate as an ETF.