2 months ago
💬 CleanSpark CEO Zach Bradford expects bitcoin to hit $200 ,000 this cycle.
“Based on my current analysis, I believe we could see bitcoin peak just below $200 ,000, within the next 18 months.”
Bradford also said in an interview with Bernstein that #Bitcoin miners are currently undervalued compared to their rivals who are diversifying into AI.
“I think we will start to see a significant surge in bitcoin prices after the election through January.”
“Based on my current analysis, I believe we could see bitcoin peak just below $200 ,000, within the next 18 months.”
Bradford also said in an interview with Bernstein that #Bitcoin miners are currently undervalued compared to their rivals who are diversifying into AI.
“I think we will start to see a significant surge in bitcoin prices after the election through January.”
3 months ago
🚨 BREAKING: We started on Wednesday with #Bitcoin at 56k after having touched 55k during the early morning 👀‼️
As the feeling continues to lean towards fear 🤔
As the feeling continues to lean towards fear 🤔
4 months ago
#Bitcoin
We can say it, it's a quality cleaning!!
Open interest took a big hit and funding was reset and returned to positive, which is a good thing.
Now, I would advise you to be patient and not to rush headlong into raising big longs because you can't catch a falling knife and above all, given the head of the OBV, the market has not yet returned purchase.
PATIENCE IS KEY
We can say it, it's a quality cleaning!!
Open interest took a big hit and funding was reset and returned to positive, which is a good thing.
Now, I would advise you to be patient and not to rush headlong into raising big longs because you can't catch a falling knife and above all, given the head of the OBV, the market has not yet returned purchase.
PATIENCE IS KEY
4 months ago
(E)
The cleaning is really powerful! 🩸🩸🩸
For all the people who have not understood why cryptos have fallen, it is not only because of the sale of institutions and States but it is mainly correlated to the traditional markets.
And why are traditional markets falling?
To keep it short it's because of macroeconomics and unstable geopolitics.
There is on the one hand an escalation of violence between Iran and Israel and on the other an American economy which is ultra fragile because we are on the verge of a recession and the market is anticipating a big crash linked to the pivot of the Fed scheduled for September 18.
In short, personally I have no emotion and I'm even happy because since $70 ,000 I keep telling you that I'm no longer trading because it was too complicated to hold a position so close to resistance.
In any case, these are just short/medium term movements and personally I'm still ULTRA BULLISH, you just have to be patient as always. Only true warriors will emerge victorious!
For all the people who have not understood why cryptos have fallen, it is not only because of the sale of institutions and States but it is mainly correlated to the traditional markets.
And why are traditional markets falling?
To keep it short it's because of macroeconomics and unstable geopolitics.
There is on the one hand an escalation of violence between Iran and Israel and on the other an American economy which is ultra fragile because we are on the verge of a recession and the market is anticipating a big crash linked to the pivot of the Fed scheduled for September 18.
In short, personally I have no emotion and I'm even happy because since $70 ,000 I keep telling you that I'm no longer trading because it was too complicated to hold a position so close to resistance.
In any case, these are just short/medium term movements and personally I'm still ULTRA BULLISH, you just have to be patient as always. Only true warriors will emerge victorious!
4 months ago
Solana’s favorite no-code token deployer has proven itself the biggest application of the cycle, consistently generating millions in revenue.
Pump.fun, a popular Solana-based token deployment application, is showing no sign of stopping. After celebrating the launch of one million tokens on the platform on June 14, 2024, pump.fun notched 1.5M launches a mere 42 days later on July 25th.
PUMP.FUN GENERATES $85M REVENUE SINCE JANUARY LAUNCH
Consistently generating over $1M in daily revenue, pump.fun has established itself as one of the most valuable crypto apps in terms of revenue generation. In just under seven months since its January 14 launch, pump.fun has generated 520,412 SOL in revenue, currently valued at over $85M
The platform’s viral growth has set an astonishing pace. After a comparatively slow start, pump.fun usage exploded in March and never looked back. On average, 12,679 tokens were launched daily on the platform in July, based on Dune Analytics data.
Off the back of its massive popularity, pump.fun recently crossed the 1.5M token deployment threshold. The no-code token creator is accelerating towards the next significant milestone at 2M launches and is expected to achieve this feat in just under 32 days, if it continues the pace set in July.
In a recent interview with threadguy, a popular crypto influencer, pump.fun co-founder alon credits the platform’s success to its accessibility. Alon argues that pump.fun is the ideal intersection between finance and social media, contending that “pump.fun is SocialFi in the most crypto-native way”.
PUMP.FUN RESPONSIBLE FOR 40.97% OF SOLANA DEX TRANSACTIONS
One doesn’t need to look far to see that pump.fun has evolved into one of the most critical applications in Solana’s DeFi ecosystem.
According to Dune Analytics data collected over the past seven days, pump.fun transactions make up approximately 40.97% of all Solana DEX transactions.
However, given that tokens launched on the platform are migrated to Raydium upon reaching a market capitalization of $69 ,000, volumes on the app remain relatively low compared to other decentralized exchanges.
Despite attracting the bulk of Solana DEX transactions, pump.fun’s DEX volume market share continues to hover around 4%, with Raydium being a significant benefactor of pump.fun’s success.
“THE WORST THING THAT EVER HAPPENED TO CRYPTO ” - Alon Responds to Criticism
For many blockchain advocates, pump.fun represents all the worst parts of the industry. Arguing that the proliferation of meme coins on Solana is drawing attention away from serious projects, and delegitimizing the industry.
In response to criticism, alon concedes that “pump.fun is the worst thing to happen for crypto for a lot of people”. However, the co-founder argues that the platform has simply “uncovered the veil” and exposed “crypto for what it really is”.
Looking ahead, alon posits that the key to continuing pump.fun’s meteoric growth is to “leaning into what we’ve already done”.
While not giving away any hints regarding upcoming features on the platform, alon indicated that the pump.fun team was committed to “improving the experience while maintaining the culture that makes it so exciting in the first place.”
Pump.fun, a popular Solana-based token deployment application, is showing no sign of stopping. After celebrating the launch of one million tokens on the platform on June 14, 2024, pump.fun notched 1.5M launches a mere 42 days later on July 25th.
PUMP.FUN GENERATES $85M REVENUE SINCE JANUARY LAUNCH
Consistently generating over $1M in daily revenue, pump.fun has established itself as one of the most valuable crypto apps in terms of revenue generation. In just under seven months since its January 14 launch, pump.fun has generated 520,412 SOL in revenue, currently valued at over $85M
The platform’s viral growth has set an astonishing pace. After a comparatively slow start, pump.fun usage exploded in March and never looked back. On average, 12,679 tokens were launched daily on the platform in July, based on Dune Analytics data.
Off the back of its massive popularity, pump.fun recently crossed the 1.5M token deployment threshold. The no-code token creator is accelerating towards the next significant milestone at 2M launches and is expected to achieve this feat in just under 32 days, if it continues the pace set in July.
In a recent interview with threadguy, a popular crypto influencer, pump.fun co-founder alon credits the platform’s success to its accessibility. Alon argues that pump.fun is the ideal intersection between finance and social media, contending that “pump.fun is SocialFi in the most crypto-native way”.
PUMP.FUN RESPONSIBLE FOR 40.97% OF SOLANA DEX TRANSACTIONS
One doesn’t need to look far to see that pump.fun has evolved into one of the most critical applications in Solana’s DeFi ecosystem.
According to Dune Analytics data collected over the past seven days, pump.fun transactions make up approximately 40.97% of all Solana DEX transactions.
However, given that tokens launched on the platform are migrated to Raydium upon reaching a market capitalization of $69 ,000, volumes on the app remain relatively low compared to other decentralized exchanges.
Despite attracting the bulk of Solana DEX transactions, pump.fun’s DEX volume market share continues to hover around 4%, with Raydium being a significant benefactor of pump.fun’s success.
“THE WORST THING THAT EVER HAPPENED TO CRYPTO ” - Alon Responds to Criticism
For many blockchain advocates, pump.fun represents all the worst parts of the industry. Arguing that the proliferation of meme coins on Solana is drawing attention away from serious projects, and delegitimizing the industry.
In response to criticism, alon concedes that “pump.fun is the worst thing to happen for crypto for a lot of people”. However, the co-founder argues that the platform has simply “uncovered the veil” and exposed “crypto for what it really is”.
Looking ahead, alon posits that the key to continuing pump.fun’s meteoric growth is to “leaning into what we’ve already done”.
While not giving away any hints regarding upcoming features on the platform, alon indicated that the pump.fun team was committed to “improving the experience while maintaining the culture that makes it so exciting in the first place.”
4 months ago
$316 million in liquidations in 24 hours! 🩸🩸
Yes, it's a very nice middle range cleanse. This is why I keep telling you not to trade in the middle of the range...
A little 500M before midnight??
Yes, it's a very nice middle range cleanse. This is why I keep telling you not to trade in the middle of the range...
A little 500M before midnight??
4 months ago
💸 Donald Trump collected $25 million in donations at the Bitcoin Conference 2024 in Nashville.
https://x.com/eleanorterre...
https://x.com/eleanorterre...
5 months ago
IP remains stuck in an outdated legal system that makes it difficult to license, monetize, & trade effectively
That's where StoryProtocol comes in -- a new blockchain that aims to transform IP into liquid, programmable, & ownable digital assets
A 101 Explainer👇
What is Story Network?
Story Network was created specifically for bringing IP onchain, making it easier to manage and monetize.
On Story Network, IP is represented as onchain assets called IP Assets, which are NFTs. These NFTs carry detailed metadata about the underlying IP and serve as its digital representations. They can be linked to existing NFTs, e.g. a CryptoPunk, or be issued to represent offchain items.
Each IP Asset is linked to an IP Account, a specialized smart contract that manages interactions and data related to the IP.
Also at the heart of Story Network is its Proof-of-Creativity (PoC) Protocol, which facilitates the creation and management of IP Assets, enabling use cases like permissionless licensing and automated royalty payments.
Another key pillar here is the Programmable IP License (PIL), a legal framework that bridges the onchain world with traditional legal systems, ensuring that the digital representation of IP on Story Network is enforceable in the real world.
How is Story Network designed?
Story Network is a Layer 1 (L1) blockchain optimized for handling complex IP data structures efficiently that leans on elements from both the ethereum Virtual Machine (EVM) and the cosmos
SDK.
Notably, Story Network is EVM-equivalent, meaning it supports the same code execution environment as Ethereum. This compatibility allows developers to port existing applications and smart contracts written in Ethereum's popular Solidity programming language to Story Network with minimal or no changes.
Why tokenize IP on Story Network?
Tokenizing IP on Story Network offers several notable benefits:
🌊 Liquidity — IP can be traded or used as collateral, creating new financial opportunities.
🧱 Programmability — Automated actions like royalty payments can be embedded within IP NFTs, simplifying management.
🔍 Transparency — The underlying blockchain provides a clear and immutable record of IP ownership and transactions.
These are compelling pillars for content creators, but what will the actual use cases look like?
For instance, artists, musicians, writers, and beyond can register their IP as NFTs on Story Network, set licensing terms, and automate royalty payments. This makes it easier to control and monetize their work.
For developers, they can build applications that leverage tokenized IP. Think things like AI model marketplaces, content remixing platforms, and DeFi apps that use IP NFTs as collateral.
Two of the earliest app examples in the Story ecosystem are Magma and Mahojin. The former is a collaborative design tool that uses Story Network to manage and monetize creative works via NFTs, while the latter is a platform for AI training data and models.
Zooming out
How might making IP programmable and liquid influence the interaction between creators and consumers? Will tokenizing and trading IP democratize access to creative works? And how effectively can the PIL system adapt to diverse global legal landscapes, especially as AI-generated content becomes more prevalent?
The answers to these questions remain to be seen, but Story Network is diving in here in unprecedented fashion and looking to revolutionize the future of digital IP through the cryptoeconomy. As the chain evolves and gains traction, its bull case is its potential to redefine IP management to be better in line with the content challenges of the 21st century.
Can Story win out, then? We'll see, but this innovative reach into a new terrain is exciting nonetheless!
By WPeaster
That's where StoryProtocol comes in -- a new blockchain that aims to transform IP into liquid, programmable, & ownable digital assets
A 101 Explainer👇
What is Story Network?
Story Network was created specifically for bringing IP onchain, making it easier to manage and monetize.
On Story Network, IP is represented as onchain assets called IP Assets, which are NFTs. These NFTs carry detailed metadata about the underlying IP and serve as its digital representations. They can be linked to existing NFTs, e.g. a CryptoPunk, or be issued to represent offchain items.
Each IP Asset is linked to an IP Account, a specialized smart contract that manages interactions and data related to the IP.
Also at the heart of Story Network is its Proof-of-Creativity (PoC) Protocol, which facilitates the creation and management of IP Assets, enabling use cases like permissionless licensing and automated royalty payments.
Another key pillar here is the Programmable IP License (PIL), a legal framework that bridges the onchain world with traditional legal systems, ensuring that the digital representation of IP on Story Network is enforceable in the real world.
How is Story Network designed?
Story Network is a Layer 1 (L1) blockchain optimized for handling complex IP data structures efficiently that leans on elements from both the ethereum Virtual Machine (EVM) and the cosmos
SDK.
Notably, Story Network is EVM-equivalent, meaning it supports the same code execution environment as Ethereum. This compatibility allows developers to port existing applications and smart contracts written in Ethereum's popular Solidity programming language to Story Network with minimal or no changes.
Why tokenize IP on Story Network?
Tokenizing IP on Story Network offers several notable benefits:
🌊 Liquidity — IP can be traded or used as collateral, creating new financial opportunities.
🧱 Programmability — Automated actions like royalty payments can be embedded within IP NFTs, simplifying management.
🔍 Transparency — The underlying blockchain provides a clear and immutable record of IP ownership and transactions.
These are compelling pillars for content creators, but what will the actual use cases look like?
For instance, artists, musicians, writers, and beyond can register their IP as NFTs on Story Network, set licensing terms, and automate royalty payments. This makes it easier to control and monetize their work.
For developers, they can build applications that leverage tokenized IP. Think things like AI model marketplaces, content remixing platforms, and DeFi apps that use IP NFTs as collateral.
Two of the earliest app examples in the Story ecosystem are Magma and Mahojin. The former is a collaborative design tool that uses Story Network to manage and monetize creative works via NFTs, while the latter is a platform for AI training data and models.
Zooming out
How might making IP programmable and liquid influence the interaction between creators and consumers? Will tokenizing and trading IP democratize access to creative works? And how effectively can the PIL system adapt to diverse global legal landscapes, especially as AI-generated content becomes more prevalent?
The answers to these questions remain to be seen, but Story Network is diving in here in unprecedented fashion and looking to revolutionize the future of digital IP through the cryptoeconomy. As the chain evolves and gains traction, its bull case is its potential to redefine IP management to be better in line with the content challenges of the 21st century.
Can Story win out, then? We'll see, but this innovative reach into a new terrain is exciting nonetheless!
By WPeaster
6 months ago
Daily Memecoin Recap - June 21
Low volume as majors continue to decline
Lots of rugs, be safe
Utility Play
$meba -> hit $1 .5m, launched on
pumpdotfun working game
Wif Deployer Wallet CTO
$pinkguy -> $78k to $650k (8.33x), launched by the same dev as $wif
50 cent gets hacked, hacker posted a coin on his profile
$gunit -> hit $6 .5m, the hacker studied 50cent
, he was typing just like him
Cat Meta
$itty -> hit $3 .5m, CTO
$lola -> hit $1 .4m
$cutie -> hit $560k , good CTO team
Dog Meta
$zaza -> hit $2 .5m, "highest dog on solana", good CTO team
Normie Approved
$HawkTuah -> $1 .4m to $18m (12.9x), based on a viral video, KOLs backing this
Matt Furie Memes
$birddog -> $3m to $18m (6x), 3 month old CTO
$doogle -> $420k to $3 .9m (9.29x),
, good content
$landpepe -> hit $667k , $wolf + $pepe
Good Content
$slumbo -> hit $4 .5m
$steve -> hit $1 .7m, hyped launch with good art
$lean -> hit $1 .5m, lots of whales aped
$zeke -> hit $886k , rugged
More Cooks
$vespa -> hit $1 .1m, speculation that $sc team were CTO'ing this
$hard -> hit $980k , backed by big names
Remember to touch grass & enjoy your weekend!
Low volume as majors continue to decline
Lots of rugs, be safe
Utility Play
$meba -> hit $1 .5m, launched on
pumpdotfun working game
Wif Deployer Wallet CTO
$pinkguy -> $78k to $650k (8.33x), launched by the same dev as $wif
50 cent gets hacked, hacker posted a coin on his profile
$gunit -> hit $6 .5m, the hacker studied 50cent
, he was typing just like him
Cat Meta
$itty -> hit $3 .5m, CTO
$lola -> hit $1 .4m
$cutie -> hit $560k , good CTO team
Dog Meta
$zaza -> hit $2 .5m, "highest dog on solana", good CTO team
Normie Approved
$HawkTuah -> $1 .4m to $18m (12.9x), based on a viral video, KOLs backing this
Matt Furie Memes
$birddog -> $3m to $18m (6x), 3 month old CTO
$doogle -> $420k to $3 .9m (9.29x),
, good content
$landpepe -> hit $667k , $wolf + $pepe
Good Content
$slumbo -> hit $4 .5m
$steve -> hit $1 .7m, hyped launch with good art
$lean -> hit $1 .5m, lots of whales aped
$zeke -> hit $886k , rugged
More Cooks
$vespa -> hit $1 .1m, speculation that $sc team were CTO'ing this
$hard -> hit $980k , backed by big names
Remember to touch grass & enjoy your weekend!
6 months ago
Oh, Crypto Jesus, hear our plea,
Solana’s full of scams, you see.
Sweep away the rugs and lies,
Clean it up, we're tired of cries.
No more pornstars, cut them short.
Their tokens make the space bizarre,
Send them off to a distant star.
Bless us, holders of $AMEN ,
Make us rich, again and again.
Let us swim in gold and glee,
With pet tigers, wild and free.
Touch the hearts of the jeets, we pray,
Convert them to hodl the right way.
Make the dev lose his keys or hands,
Stop him from making shady plans.
In the name of the Father, the Son, and the Holy Spirit,
$AMEN .
Solana’s full of scams, you see.
Sweep away the rugs and lies,
Clean it up, we're tired of cries.
No more pornstars, cut them short.
Their tokens make the space bizarre,
Send them off to a distant star.
Bless us, holders of $AMEN ,
Make us rich, again and again.
Let us swim in gold and glee,
With pet tigers, wild and free.
Touch the hearts of the jeets, we pray,
Convert them to hodl the right way.
Make the dev lose his keys or hands,
Stop him from making shady plans.
In the name of the Father, the Son, and the Holy Spirit,
$AMEN .
6 months ago
Trump believes domestic Bitcoin mining will help the U.S. achieve energy dominance. Early Tuesday, Trump met with execs from Nasdaq-listed bitcoin mining firms CleanSpark_Inc and RiotPlatforms, highlighting miners' role in stabilizing the grid.
7 months ago
Nice and clean #bullish divergence on the 5min chart. pretty sure It's the floor! buying more to da moon! #BullVerse
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