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Faith
8 days ago
Pantera Capital and ParaFi Capital, bought 62.6M Metaplex's $MPLX tokens from Wave Digital, originally held by the FTX estate. Only 7.5M tokens remain to be sold by FTX, fully unlocking on September 19.

Metaplex is the leading standard for NFTs and tokens on Solana.
Astro peng
11 days ago
« I was lucky »

Pov us:

🔸LUNA
🔸FTX
🔸CELSIUS
🔸BANKING CRISIS
🔸Wars
🔸-80% on alts

Others?
Astro peng
11 days ago
We are 180 days into a correction since we made an ATH in Bitcoin and market sentiment is worse than when BTC was at 15K.

Ethereum has lost nearly $250 billion in market cap over the summer, even with ETFs coming to market.

And what happened?

> Massive exits and sales by Grayscale.
> Massive MT.GOX distributions.
> Mass distributions from the United States.
> Germany selling +50,000 BTC.

And what is to come?

> US interest rate cuts.
> Gradual increase in global liquidity.
> United States elections.
> FTX Refunds (+$16B).

And all this with stablecoins reaching all-time highs.

Is this the end? Are we all going to die?

I don't believe it.

For me nothing has changed.

Nobody said the bull market was going to be easy.

The best, for me, is yet to come.

You already know what happened next, the times when the feeling was as shattered and terrifying as the one we are experiencing now.

The difficult moments are what separate babies with poop on their butts from legends.

Everyone is very pro, everyone is very cocky, very gangster and very brave until it is time to buy the dip when at all hours they say that we are going to visit lower areas and everyone is terrified and with their balls in their throat.

We've all heard "If you come down to X area I'm going to put my house in your house" then they come down and shit their pants and don't buy.

It seems like a meme, but it is not.

There is something that will never change.

> The vast majority of people will sell out of fear.
> The vast majority of people will buy out of euphoria.

And it is certainly the fastest way to lose money in this market.

Sorry, I didn't make up the rules of the game.

The road will be long and there will be monsters and corpses along the way, just try not to make it yours.

The bull market is not over.

They just want to steal your magic internet coins so that when they spend billions on marketing, they can buy them back at an exorbitant price.

Nothing has changed.

Patience, conviction, buy the dip & chill 🏝️
Astro peng
15 days ago
🇺🇸 SEC warns #FTX against repaying creditors in stablecoins and other cryptocurrencies.

“The agency reserves the right to challenge transactions involving crypto assets” 💬
Pokemon
21 days ago
FTX cold storage wallet has transferred 240,247 $mSOL ($46.09M) to Coinbase Prime.

Coinbase Prime offers Marinade staked SOL ($mSOL) custody for institutions.
THE_GEN
1 month ago
US judge has approved FTX's $12 .7 billion repayment plan to creditors. The approval concludes a 20-month legal battle, resolving FTX's financial obligations.
Astro peng
1 month ago
The current geopolitical situation presents several factors that could prompt Iran to act, mainly due to the dynamics between Russia and the West.

🔹 Geopolitical Context:

The West, especially the United States and European countries, are providing significant military and economic support to Ukraine in its fight against Russian aggression. This assistance is aimed at weakening Russia, both economically and militarily.

🔹 Russian Strategy:

Russia, facing tough sanctions and increased support for Ukraine, may seek to divert international attention and weaken Western unity by creating crises elsewhere. In this context, provoking tensions in the Middle East could be a strategy to divide the resources and attention of Western powers.

🔹 Role of Iran:

Iran is a key player in the Middle East, with interests and alliances that put it at odds with Israel and, indirectly, with the United States. By escalating tensions with Israel, Iran may seek to exploit Western vulnerabilities and distract from issues in Eastern Europe.

🔹 Israel and US Support:

Israel is a strategic ally of the United States in the region, and tensions with Iran could lead to an escalation that could, in turn, divert some Western aid and support to Ukraine. Such a situation could weaken Western pressure on Russia.

An escalation could then lead to a final low in the markets, however, keep in mind that if this happens, there is NO cause for concern. Whether it was during Covid, the fall of FTX, or the Russian invasion of Ukraine, the #Bitcoin has always returned to its previous levels.

No matter what happens, Bitcoin will go much higher. Just be careful if you use leverage in this volatile time.

For the SPOT, HODL! 🚀

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