VirtualBacon

I'm a Crypto angel investor since 2017 having invested in 100+ startups. Many failures, few unicorns. Follow me for👇 Narratives and Guides: youtube.com/virtualbacon0x Trading Alpha: t.me/vb_trade Community: virtualbacon.com

the best positions are boring. if a move on a quiet sunday has you glued to the chart, the size was the problem.

@Crayhunter37839 thats the asymmetry at work. miners follow the chain the biggest economic nodes accept, still the non-bip110 side. mining those blocks at sub 1% just orphans your own work

@virtualbacon Non BIP110 nodes will reject BIP110 blocks. BIP110 nodes will accept both. If you are mining is this a risk you would be willing to take?

A soft fork with under 1% miner support can't split Bitcoin. BIP-110 would just spin off a minority chain the market ignores. The real fight underneath is older than the code: is Bitcoin money, or a database anyone can write to? At under 1%, the miners already answered.

waiting for confirmation costs you the first 20-30% of the move. buying now costs you the drawdown if you're wrong. no version of this gets you both, so pick the lane you can live with.

@Boku718181 the 6x isnt a price target, its the beta. hype moves ~6x whatever btc does either way. btc drops 20 and hype does 120. thats the part people forget on the way down

@virtualbacon hype is not gonna do a 6x from here

Every altcoin carries a volatility multiple on top of Bitcoin, and it runs both ways. ETH moves about 1.3x BTC, SOL 1.4x, BNB 1.45x, a mid-cap like HYPE around 6x. Everyone wants the 6x on the way up. Few size for the 6x on the way down.

Another week of superpowers

@WhaleFactor the precedent is the real risk. the chain-split fear is overblown, sub 1% miner support cant take the chain, it just spins off a minority fork nobody uses

🐋 WHALE WATCH : Big alignment from the giants. Michael Saylor and Adam Back are both throwing down a hard NO on BIP 110. Saylor hits the nail on the head the real danger to Bitcoin isnt spam data its the slippery slope of setting a precedent for censorship. Bitcoin thrives because it is predictable and neutral. You dont fix the network by breaking its core principles.

weekend crypto is thin crypto. a big move on a sunday tells you less than the same move on a tuesday.

@RanjYousif yeah OI up with flat funding is basis carry, not spot. thats why i lean on the coinbase premium instead, spot demand prints there and basis trades dont. funding alone misses it

@virtualbacon yeah watching the same. adding OI expansion as a second gate. if OI creeps up while funding stays flat that's leverage sneaking in through basis trades, not spot. flat funding alone doesn't clear the setup for me.

Bitcoin is back near 64K and the tell is who's buying. The Coinbase premium broke a key level, so US spot demand is doing the lifting this time, a sturdier bid than the leverage that ran the last few rallies.

@nassquantum sure, fast liquidity compresses the timeline. but the order still holds, the top 5 print first and the mid caps just follow quicker. messy timing, same sequence

@virtualbacon cycles do get messy when liquidity rotates fast

No altcoin is special enough to front-run Bitcoin. The top 5 move first, then the mid-caps follow. Same order every cycle.

☕️ GM! Here are the most important market events over the last 24 hours: 🌍Market Overview: 🔸 Iran declared the Strait of Hormuz closed after striking the container ship GFS Galaxy, and the US launched fresh strikes on Iranian military sites. The strait carried a fifth of the world's oil before the war. #Oil 🔸 The Dow topped 53,000 for the first time ever early last week before oil and renewed US-Iran tension erased the gains, leaving the blue-chip index down 0.5% on the week as the AI rally pushed on. 🔸 Apple expanded its Broadcom partnership into a multiyear deal expected to top $30 billion, deepening its custom-chip push and feeding an AI rally that carried Wall Street to records during the week. #AI 🔸 Typhoon Bavi, the most powerful storm to hit China this year, tore through the Zhejiang tech hub with nearly 2 million evacuated, while Taiwan reported 134 injured, straining east China's supply chains. 🔸 OpenAI is hiring a product manager to build ChatGPT for families, caregivers and older adults, after its share of users 35 and older rose to 31% in Q2 from 26% a year earlier as younger use slipped. 🔸 US Senator Lindsey Graham, the South Carolina Republican, died Saturday evening at 71 after a sudden illness, thinning the Senate GOP majority as market-sensitive bills, including crypto legislation, await votes. 🪙Crypto Updates: 🔸 Bitcoin's BIP-110 soft fork, which would cap arbitrary on-chain data for a year, faces an early-August deadline with miner support below 1%. Michael Saylor and Adam Back oppose it and warn of a chain split. #Bitcoin 🔸 Empery Digital sold 1,400 bitcoin at $62,200 each for $87.1 million and is steering the proceeds toward an AI data center, part of a growing group of 2025-era treasury firms that have turned sellers. 🔸 Robinhood Chain processed 7.6 million transactions in a single day, nearing Base's 9.2 million just 11 days after launch, and overtook Base as the second-largest Uniswap deployment by spot activity. 🔸 BitMine's ether treasury reached 5,742,237 ETH, about 4.8% of all ETH in circulation, leaving the firm just short of its stated goal of owning 5% of the total supply. #Ethereum 🔸 Binance's futures volume climbed to about $1.63 trillion in June, its highest of 2026, showing derivatives demand held up through the summer slowdown even as spot sentiment stayed cautious. 🔸 The second quarter became crypto's most-hacked on record, with 83 exploits and about $755 million stolen, capped by a $9 million oracle attack on Hedera lending protocol Bonzo Lend. #Crypto

@THChumor yeah, everyone has conviction at the top where its free. the ones who fold at the bottom all thought they had it too. it only counts when its costing you

@virtualbacon Real conviction gets tested hardest when everyone else completely loses confidence first

conviction is cheap at the top and expensive at the bottom.

@Shelpid_WI3M the market rarely hands you the crash everyone already circled on the calendar. when the whole timeline is braced for monday, monday tends to disappoint the bears

🚨 WARNING: THE WORST DAY OF 2026 IS COMING MONDAY!! Four pressures are hitting at the exact same time: → The Fed has confirmed hikes are back on the table → The US–Iran ceasefire is dead Trump called it "over" → China and Japan are dumping US Treasuries → Funds are cutting equity exposure as AI bubble fears spread If you're holding anything right now, read this twice. When markets open, this won't be "just another dip." Stocks dump. Metals dump. Bitcoin and crypto dump hardest of all. The big money isn't waiting around. Institutions and major funds are already trimming risk, raising cash, and positioning for a crash. They're not chasing upside anymore they're protecting downside. That tells you everything. And underneath it, the whole system is tightening at once: → Rates staying higher for longer → Japan forced into yen intervention → China and Japan pulling back from US debt → Bond market volatility climbing → The AI rally losing momentum fast → Risk appetite draining across every asset class Here's the part that matters: when the biggest foreign holders of US debt step back, liquidity doesn't fade slowly - it vanishes. And liquidity is the only thing holding this market up. This isn't a single-market problem anymore. It's multiple stress points detonating in the same window. That's exactly how financial chain reactions start one crack opens, capital flows reverse, and fear spreads through everything at once. This isn't about positioning. It's about systemic pressure building right under the surface, while everyone stares at green candles. I've spent years studying macro cycles, liquidity flows, and how these breaks actually unfold. That's how I knew Bitcoin was topping in October and called the $126K top before it happened. The next call goes here first. Turn notifications on.

@MatthewHyland_ the setup looks clean, but eth looked this clean in 2023-24 and still never outperformed btc that cycle. a good ratio chart isnt the same as the ratio actually moving yet

#ETH-BTC positioned as it was in 2020

@Jacobhaley3 @zerohedge institutional money isnt automatically safer, pensions and funds repriced hard in 2000 too. and everyone saying smart money cant be wrong tends to show up right at the top

@virtualbacon @zerohedge Agreed hyperscalers may be in trouble if AI fails however ai is being funded with institutional investors like the mag 7, blackrock, Fidelity and dot com bubble was mostly funded by retail so institutional investors are betting that AI doesn't fail

Was SK Hynix's US Debut The AI Bubble Top? BNP Says It's Still 1998 zerohedge.com/markets/was-sk…

the trades people brag about in bull markets get built in bear markets.

@thejohnnycrypt0 fair, agents chase whatever has deepest liquidity. i watch RLUSD since ripple owns the rail, so it shows if the integrated stack captures flow or agents route to usdc anyway

@virtualbacon why RLUSD as the tell, and not just whichever stablecoin agents settle in cheapest? im curious if agent payments stay loyal to one issuer or just chase the lowest fee.

Ripple's building XRP rails for AI agents to pay each other. the piece I watch here is RLUSD, the stablecoin. that's where real adoption shows up.