CrytoTalk-ET™
Bullish on Bitcoin ever since the minute I heard about it.
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If history truly repeats itself it seems Bitcoin's time is in the near future.
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NEW: HUGE DEVELOPMENT IN HOME #Bitcoin MINING 🚨
The open source bitaxeUltra is a miner running off a BM1366 ASIC, which only costs $15 to purchase 👀
It runs at 527 GH/s and a very efficient and competitive 20 J/TH.
This could help democratize bitcoin mining and bring it to households across the world 🙌
👍 2🔥 1
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#Bitcoin
When $DXY (US Dollar Index) falls, $BTC goes up.
Every time we saw a bearish cross in the DXY, it took about 550-600 days for $BTC, to make a new ATH.
It's crossed again now in 2023.✅
The "up only" months will come, it just takes patience.
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#Bitcoin
These are the last weeks/months where people have the opportunity to buy Bitcoin and #Altcoins for cheap.
$BTC is testing the bottom of the green zone in the Reserve Risk again.
It was this low only in 2015.
The longer the accumulation, the better.
BlackRock #Bitcoin Gameplan:
- BlackRock dumps $BTC price.
- Retail investors sell #Bitcoin .
- BlackRock buys $BTC.
- ETF launches.
- #Bitcoin Bull Market starts.
Crypto Watchlist for the week ahead:
• $BTC - the next decision for Grayscale BTC ETF ruling may drop next week. Grayscale winning the case could be a big win for crypto
• $RUNE - THORChain will launch lending on Tuesday and Stable Savers on Thursday. Usually, when RUNE pumps it does it hard, but its dumps are also violent. I'll monitor the lending product stats after launch to see if it's a sell-the-news event or not.
• new SocialFi tokens - UNIBOT pumping led to a new narrative forming around Telegram bots. I think that the same thing will happen with SocialFi now that friend tech is trending. I'll focus this week on finding new projects similar to friend tech
• $VELA - a trading bot integration and new product upgrades are planned for the next week. @ vela_exchange's grand trading competition is also coming next month.
The entire Arbitrum ecosystem took a big hit recently as its TVL started decreasing. I expect this trend to reverse though after the timeline for Arbitrum's Stylus upgrade is announced.
• $GND & $GMD - GND Protocol and GMD Protocol will expand to Base Chain to benefit from the hype around Base. A new public sale will also take place on GMD Launchpad tomorrow. New GMD vaults are coming. Personally, I'm not interested in buying $GND, but I farm it by providing liquidity on GND
• EigenLayer - the protocol will raise the cap for liquid staking derivatives restaking on August 22. It might be worth interacting with it given that it doesn't have a token yet and an airdrop is likely
• $BITCOIN & $OX - the new shiny tokens that have been outperforming over the past few months. Both are currently seeing a small correction after an up-only rally. I consider both high-risk plays
• @ synthswapio - SynthSwap, a DEX on Base, will release Synth Futures next week