Stratus Bitcoin retweeted
Sam Bankman-Fried is doing 25 years behind bars, and is now sharing a cell block with Diddy. He joins us from prison for an update on his new life.
(0:00) What Has Prison Been Like?
(2:28) Was SBF Ever on Adderall?
(4:42) SBF Meeting Diddy in Prison
(7:01) How Prison Has Changed SBF’s Perspective
(9:37) The Democrats Refused to Rescue SBF Despite His Large Donations
(15:24) The Future of Crypto Under Donald Trump
(21:17) Does SBF Have Any Money Left?
(24:42) Tucker Confronts SBF About His Effective Altruism Cult
(31:13) Will SBF Ever Actually Get Out of Prison?
(36:41) Why All of SBF’s Friends, Family, and Co-Workers Abandoned Him
Includes paid partnerships.
Stratus Bitcoin retweeted
ROSS ULBRICHT LOST $12M ON PUMPFUN...
Ross Ulbricht, or someone with access to his wallets, just accidentally nuked the price of a pumpfun coin sent to him while trying to provide liquidity on Raydium.
Because he initialized the liquidity pool at the wrong price, $1.5M of the token (5% supply) was instantly taken by a MEV Bot, then sold into the existing pool.
Then he did it again and he lost another $10.5M. (35% supply)
Stratus Bitcoin retweeted
This was the outcome of the EXACT same in 2016/16 vs now... chill. It's all going to be just fine. Maybe a bit lower or maybe it's done already.
Either way, higher over time. Don't expect an exact repeat but a rhyme. Valhalla waits.
Don't Fuck This Up.
Stratus Bitcoin retweeted
🇪🇹 Ethiopia is leveraging its Grand Renaissance Dam to power Bitcoin mining, generating 18% of its electricity revenue.
The country has turned excess hydroelectric power into a profitable asset by powering Bitcoin mining operations, earning 💵 $1B in revenue last year.
The move is drawing global investors who benefit from the country's low energy costs, and it's an example of how sustainable energy can drive economic growth across Africa 🙌
Stratus Bitcoin retweeted
$IBIT had one hell of a week, +$1.1b in new cash, best week since March, passed $VTI for 3rd place overall in YTD flows (insane for new launch, esp late in year, the rest of the top 5 is each over 20yrs and old and over $300b. $IBIT's aum is $26b which is in top 2% of all ETFs.
Stratus Bitcoin retweeted
Everyone gets #Bitcoin at the price they deserve.
Stratus Bitcoin retweeted
NEW: Google has recently started indexing #Bitcoin data into their search engine 👀
Huge Development 👏
Stratus Bitcoin retweeted
NEW: The owner of the largest exhibition venue in the Middle East, 🇦🇪 Abu Dhabi’s ADNEC Group, to launch the region's first #Bitcoin MENA Conference set to take place December 9-10 2024 👀🙌
Stratus Bitcoin retweeted
🚨 🚨 🚨 1,400 #BTC (60,856,088 USD) transferred from #Coinbase to unknown new wallet
whale-alert.io/transaction/b…
Stratus Bitcoin retweeted
PSA: “Inscriptions” are exploiting a vulnerability in #Bitcoin Core to spam the blockchain. Bitcoin Core has, since 2013, allowed users to set a limit on the size of extra data in transactions they relay or mine (`-datacarriersize`). By obfuscating their data as program code, Inscriptions bypass this limit.
This bug was recently fixed in Bitcoin Knots v25.1. It took longer than usual due to my workflow being severely disrupted at the end of last year (v24 was skipped entirely).
Bitcoin Core is still vulnerable in the upcoming v26 release. I can only hope it will finally get fixed before v27 next year.
Stratus Bitcoin retweeted
Daily Dollar Cost Averaging from 1/1/2020:
#Bitcoin: +106%
Nasdaq: +28%
S&P 500: +18%
Gold: +16%
U.S. Treasury Bonds: -20%
Stratus Bitcoin retweeted
BlackRock stating in their recent spot Bitcoin ETF amendment that they are seeding the ETF in October. Don’t want to read that much into it but it is new info not in original filing so noteworthy (esp bc they BlackRock). Great catch by Scott.
Stratus Bitcoin retweeted
#Bitcoin ETFs will be Delayed until the Final Deadline
The SEC is trying to show that they are not interested and attempting to push the dates until the final deadline, even though both the SEC and BlackRock know the inevitable outcome.
BlackRock's ETF should be the first one to be approved, with others following as a catalyst closer to the deadline. This aligns perfectly with Bitcoin halving dates as well.
Remember, every Bull Run starts with a narrative. If it wasn't Bitcoin spot ETF, it would have been something else. As prices go higher, new narratives will keep coming.
The only regret most people will have is why they didn’t buy more when prices were low!
Big players are manipulating prices and accumulating OTC.
Remember, C0 v|d was one of the worst Black Swan events in Bitcoin history, with a -51% drop in a single daily candle. Yet, the price didn't break below its Bear Market Lows!
So If you are waiting for prices below $15.5k ($12k-$8k), you are essentially expecting a Black Swan event worse than C0v|d and F | T| X combined, which is highly unlikely.
Remember, lower time frames are much easier to manipulate and can make you believe what they want you to.
Any dip in the coming few weeks is an opportunity! As always DYOR
