natoil42.eth
@natoil42.bsky.social
Crypto native, web3 wanderer, DeFi chemist and metaverse voyager.
Empirical reality can be operated by streams of bits and chains of blocks.
Empirical reality can be operated by streams of bits and chains of blocks.
“Don't be rich, be wealthy ”
November 30, 2024 at 8:32 AM
“Don't be rich, be wealthy ”
POV: I've been listening to all the ETH bears this way all the time…
November 9, 2024 at 7:39 PM
POV: I've been listening to all the ETH bears this way all the time…
What does it mean that in a fully non-custodial protocol, you are solely responsible for your funds?
A real-life example happened on Oct 30, when dYdX v3 gave way to dYdX Chain. The old Layer 2 was frozen and all open positions were valued at oracle prices at the time of the trading halt.
[🧵1/2]
A real-life example happened on Oct 30, when dYdX v3 gave way to dYdX Chain. The old Layer 2 was frozen and all open positions were valued at oracle prices at the time of the trading halt.
[🧵1/2]
November 5, 2024 at 5:16 PM
What does it mean that in a fully non-custodial protocol, you are solely responsible for your funds?
A real-life example happened on Oct 30, when dYdX v3 gave way to dYdX Chain. The old Layer 2 was frozen and all open positions were valued at oracle prices at the time of the trading halt.
[🧵1/2]
A real-life example happened on Oct 30, when dYdX v3 gave way to dYdX Chain. The old Layer 2 was frozen and all open positions were valued at oracle prices at the time of the trading halt.
[🧵1/2]
Look how well Bitcoin's price action settles on daily EMAs 13 and 26 😏
November 1, 2024 at 7:21 PM
Look how well Bitcoin's price action settles on daily EMAs 13 and 26 😏
Who are your childhood heroes and why?
Mine are ECB's employees Ulrich Bindseil and Jürgen Schaff, whose disparaging articles on Bitcoin always mark a new bull run! 🤩
Mine are ECB's employees Ulrich Bindseil and Jürgen Schaff, whose disparaging articles on Bitcoin always mark a new bull run! 🤩
October 29, 2024 at 11:37 AM
Who are your childhood heroes and why?
Mine are ECB's employees Ulrich Bindseil and Jürgen Schaff, whose disparaging articles on Bitcoin always mark a new bull run! 🤩
Mine are ECB's employees Ulrich Bindseil and Jürgen Schaff, whose disparaging articles on Bitcoin always mark a new bull run! 🤩
A NEW GOLDEN CROSS SHINES ON BITCOIN AFTER 9 MONTHS
On Aug 6th I've analyzed the consequences of the 52-day SMA going under the 182-day, marking an early appearance of a “death cross”
Today a new ”golden cross“ appeared and the market is finally primed for a new bull run
🧵1/n
On Aug 6th I've analyzed the consequences of the 52-day SMA going under the 182-day, marking an early appearance of a “death cross”
Today a new ”golden cross“ appeared and the market is finally primed for a new bull run
🧵1/n
October 28, 2024 at 5:12 PM
A NEW GOLDEN CROSS SHINES ON BITCOIN AFTER 9 MONTHS
On Aug 6th I've analyzed the consequences of the 52-day SMA going under the 182-day, marking an early appearance of a “death cross”
Today a new ”golden cross“ appeared and the market is finally primed for a new bull run
🧵1/n
On Aug 6th I've analyzed the consequences of the 52-day SMA going under the 182-day, marking an early appearance of a “death cross”
Today a new ”golden cross“ appeared and the market is finally primed for a new bull run
🧵1/n
🚨 BREAKING 🚨
Crypto are again under attack with what appears to be a well-orchestrated media maneuver perfectly timed with the upcoming elections: The Wall Street Journal says Tether ($USDT) would be under investigation, news denied by CEO Ardoino himself.
BTC collapsed to $65,540, ETH to $2,379
Crypto are again under attack with what appears to be a well-orchestrated media maneuver perfectly timed with the upcoming elections: The Wall Street Journal says Tether ($USDT) would be under investigation, news denied by CEO Ardoino himself.
BTC collapsed to $65,540, ETH to $2,379
October 25, 2024 at 11:58 PM
🚨 BREAKING 🚨
Crypto are again under attack with what appears to be a well-orchestrated media maneuver perfectly timed with the upcoming elections: The Wall Street Journal says Tether ($USDT) would be under investigation, news denied by CEO Ardoino himself.
BTC collapsed to $65,540, ETH to $2,379
Crypto are again under attack with what appears to be a well-orchestrated media maneuver perfectly timed with the upcoming elections: The Wall Street Journal says Tether ($USDT) would be under investigation, news denied by CEO Ardoino himself.
BTC collapsed to $65,540, ETH to $2,379
Do you remember when, in Nov 2022, the ECB had given Bitcoin up for dead? 🪦
Or when it recant that it was not dead but survives through illicit transactions? 🔫
Well, finally the ECB looked at Bitcoin with fresh eyes… and realized that the early bird catches the worm!! 🤯
Bullish AF
Or when it recant that it was not dead but survives through illicit transactions? 🔫
Well, finally the ECB looked at Bitcoin with fresh eyes… and realized that the early bird catches the worm!! 🤯
Bullish AF
October 20, 2024 at 10:12 PM
Do you remember when, in Nov 2022, the ECB had given Bitcoin up for dead? 🪦
Or when it recant that it was not dead but survives through illicit transactions? 🔫
Well, finally the ECB looked at Bitcoin with fresh eyes… and realized that the early bird catches the worm!! 🤯
Bullish AF
Or when it recant that it was not dead but survives through illicit transactions? 🔫
Well, finally the ECB looked at Bitcoin with fresh eyes… and realized that the early bird catches the worm!! 🤯
Bullish AF
you must be always able to understand and verify what you are signing on your hardware. If you fully trust the software interface, using a hardware wallet as a dedicated signing device makes ZERO sense!
🧵7/n
🧵7/n
October 18, 2024 at 1:53 PM
you must be always able to understand and verify what you are signing on your hardware. If you fully trust the software interface, using a hardware wallet as a dedicated signing device makes ZERO sense!
🧵7/n
🧵7/n
This was one of the most sophisticated crypto attacks ever recorded, and many other protocols are at risk of a similar hack.
But despite the sophistication, the exploit relies on one of DeFi's most known and critical weaknesses:
🧵5/n
But despite the sophistication, the exploit relies on one of DeFi's most known and critical weaknesses:
🧵5/n
October 18, 2024 at 1:52 PM
This was one of the most sophisticated crypto attacks ever recorded, and many other protocols are at risk of a similar hack.
But despite the sophistication, the exploit relies on one of DeFi's most known and critical weaknesses:
🧵5/n
But despite the sophistication, the exploit relies on one of DeFi's most known and critical weaknesses:
🧵5/n
An alarming wake-up call for the DeFi
Radiant Capital's $50M hack may just be the rain before the arrival of a hurricane ready to hit crypto, as the level of sophistication reached is such that no one can feel truly safe right now
Short but highly recommended thread! 👇
#crypto 🧵1/n
Radiant Capital's $50M hack may just be the rain before the arrival of a hurricane ready to hit crypto, as the level of sophistication reached is such that no one can feel truly safe right now
Short but highly recommended thread! 👇
#crypto 🧵1/n
October 18, 2024 at 1:50 PM
An alarming wake-up call for the DeFi
Radiant Capital's $50M hack may just be the rain before the arrival of a hurricane ready to hit crypto, as the level of sophistication reached is such that no one can feel truly safe right now
Short but highly recommended thread! 👇
#crypto 🧵1/n
Radiant Capital's $50M hack may just be the rain before the arrival of a hurricane ready to hit crypto, as the level of sophistication reached is such that no one can feel truly safe right now
Short but highly recommended thread! 👇
#crypto 🧵1/n
🚨 DeFi lending platform Radiant Capital has been hacked
🐇 If you are using Rabby Wallet, just open the wallet and if you see the alert proceed with the bulk-revoke
Otherwise revoke access to all contracts on the first comment below this post on revoke.cash
🐇 If you are using Rabby Wallet, just open the wallet and if you see the alert proceed with the bulk-revoke
Otherwise revoke access to all contracts on the first comment below this post on revoke.cash
October 17, 2024 at 3:00 PM
🚨 DeFi lending platform Radiant Capital has been hacked
🐇 If you are using Rabby Wallet, just open the wallet and if you see the alert proceed with the bulk-revoke
Otherwise revoke access to all contracts on the first comment below this post on revoke.cash
🐇 If you are using Rabby Wallet, just open the wallet and if you see the alert proceed with the bulk-revoke
Otherwise revoke access to all contracts on the first comment below this post on revoke.cash
Should we be rejected again by dynamic resistance at $68k, there is a good entry point for bulls at the 0.5~0.618 Fibonacci zone between $61,750 and $60,200, and the whole crypto market could be left with bated breath and in the grip of nervousness until the U.S. elections.
[🧵7/n]
[🧵7/n]
October 16, 2024 at 4:44 PM
Should we be rejected again by dynamic resistance at $68k, there is a good entry point for bulls at the 0.5~0.618 Fibonacci zone between $61,750 and $60,200, and the whole crypto market could be left with bated breath and in the grip of nervousness until the U.S. elections.
[🧵7/n]
[🧵7/n]
…almost all of the Open Interest has been taken out of the underlying areas but there is huge amount to take above 70k (chart #4), and the Stock-to-Flow model marks a price rise to $120k that is far to be seen.
[🧵7/n]
[🧵7/n]
October 16, 2024 at 4:42 PM
…almost all of the Open Interest has been taken out of the underlying areas but there is huge amount to take above 70k (chart #4), and the Stock-to-Flow model marks a price rise to $120k that is far to be seen.
[🧵7/n]
[🧵7/n]
Now it's make it or break it: Bitcoin is retesting the dynamic trend line of its peaks for the 6th time since March 1st, Bitcoin supply on all DEX is at its lowest since 2021…
[🧵5/n]
[🧵5/n]
October 16, 2024 at 4:41 PM
Now it's make it or break it: Bitcoin is retesting the dynamic trend line of its peaks for the 6th time since March 1st, Bitcoin supply on all DEX is at its lowest since 2021…
[🧵5/n]
[🧵5/n]
For many retailers it was a 215-days long time capitulation: they have been slowly pushed out of the game by the failure to overcome the all-time high, and by the $BTC price action that has shown much weakness against traditional markets, as shown by the bearish correlation with SPX500 index
[🧵2/n]
[🧵2/n]
October 16, 2024 at 4:39 PM
For many retailers it was a 215-days long time capitulation: they have been slowly pushed out of the game by the failure to overcome the all-time high, and by the $BTC price action that has shown much weakness against traditional markets, as shown by the bearish correlation with SPX500 index
[🧵2/n]
[🧵2/n]
For Bitcoin it's make it or break it
It has been an exhausting 8 months of sideway-bearish market, which has knocked retail investors and cryptocurrency traders off their feet.
A thread.
[🧵1/n]
It has been an exhausting 8 months of sideway-bearish market, which has knocked retail investors and cryptocurrency traders off their feet.
A thread.
[🧵1/n]
October 16, 2024 at 4:36 PM
For Bitcoin it's make it or break it
It has been an exhausting 8 months of sideway-bearish market, which has knocked retail investors and cryptocurrency traders off their feet.
A thread.
[🧵1/n]
It has been an exhausting 8 months of sideway-bearish market, which has knocked retail investors and cryptocurrency traders off their feet.
A thread.
[🧵1/n]
[🧵5/6]
By fitting the DXY and S&P500 indices into a regression model, a fair price for Bitcoin can be estimated by referring to recent similar historical contexts. This shows that BTC$ is actually undervalued by 15%-50%.
By fitting the DXY and S&P500 indices into a regression model, a fair price for Bitcoin can be estimated by referring to recent similar historical contexts. This shows that BTC$ is actually undervalued by 15%-50%.
October 8, 2024 at 1:52 PM
[🧵5/6]
By fitting the DXY and S&P500 indices into a regression model, a fair price for Bitcoin can be estimated by referring to recent similar historical contexts. This shows that BTC$ is actually undervalued by 15%-50%.
By fitting the DXY and S&P500 indices into a regression model, a fair price for Bitcoin can be estimated by referring to recent similar historical contexts. This shows that BTC$ is actually undervalued by 15%-50%.
[🧵4/6]
Recent news, FTX has received approval to repay customers from U.S. Bankruptcy Judge John Dorsey, who signed off on a plan to distribute $16.5B after all platform assets are sold. This is liquidity that will flow directly into the crypto market, back into the hands of crypto investors.
Recent news, FTX has received approval to repay customers from U.S. Bankruptcy Judge John Dorsey, who signed off on a plan to distribute $16.5B after all platform assets are sold. This is liquidity that will flow directly into the crypto market, back into the hands of crypto investors.
October 8, 2024 at 1:52 PM
[🧵4/6]
Recent news, FTX has received approval to repay customers from U.S. Bankruptcy Judge John Dorsey, who signed off on a plan to distribute $16.5B after all platform assets are sold. This is liquidity that will flow directly into the crypto market, back into the hands of crypto investors.
Recent news, FTX has received approval to repay customers from U.S. Bankruptcy Judge John Dorsey, who signed off on a plan to distribute $16.5B after all platform assets are sold. This is liquidity that will flow directly into the crypto market, back into the hands of crypto investors.
[🧵3/6]
The weakness of the US$ dollar (DXY index) has historically been a key driver for the price of BTC, as Bitcoin becomes cheaper for foreign countries trading in USD and stablecoins that use it as underlying (USDT USDC and the like), attracting more capitals and increasing the crypto market cap
The weakness of the US$ dollar (DXY index) has historically been a key driver for the price of BTC, as Bitcoin becomes cheaper for foreign countries trading in USD and stablecoins that use it as underlying (USDT USDC and the like), attracting more capitals and increasing the crypto market cap
October 8, 2024 at 1:51 PM
[🧵3/6]
The weakness of the US$ dollar (DXY index) has historically been a key driver for the price of BTC, as Bitcoin becomes cheaper for foreign countries trading in USD and stablecoins that use it as underlying (USDT USDC and the like), attracting more capitals and increasing the crypto market cap
The weakness of the US$ dollar (DXY index) has historically been a key driver for the price of BTC, as Bitcoin becomes cheaper for foreign countries trading in USD and stablecoins that use it as underlying (USDT USDC and the like), attracting more capitals and increasing the crypto market cap
[🧵2/6]
Rate cuts bring more liquidity into markets, encouraging investors to seek higher returns in a low interest rate environment, pushing them toward more volatile assets such as cryptocurrencies.
[src: GMI]
Rate cuts bring more liquidity into markets, encouraging investors to seek higher returns in a low interest rate environment, pushing them toward more volatile assets such as cryptocurrencies.
[src: GMI]
October 8, 2024 at 1:51 PM
[🧵2/6]
Rate cuts bring more liquidity into markets, encouraging investors to seek higher returns in a low interest rate environment, pushing them toward more volatile assets such as cryptocurrencies.
[src: GMI]
Rate cuts bring more liquidity into markets, encouraging investors to seek higher returns in a low interest rate environment, pushing them toward more volatile assets such as cryptocurrencies.
[src: GMI]
These four charts show why you should be bullish on Bitcoin and cryptocurrencies in the short/medium term
Look at them and compare them carefully - I will comment on each one in this thread! 👇
[🧵1/6]
Look at them and compare them carefully - I will comment on each one in this thread! 👇
[🧵1/6]
October 8, 2024 at 1:50 PM
These four charts show why you should be bullish on Bitcoin and cryptocurrencies in the short/medium term
Look at them and compare them carefully - I will comment on each one in this thread! 👇
[🧵1/6]
Look at them and compare them carefully - I will comment on each one in this thread! 👇
[🧵1/6]
🟣 Great speech by Bruno Škvorc at ETH MILAN 2024 about the future of the Polygon ecosystem, how Ethereum L2s and dedicated chains can benefit from its new aggregation layer and ZK prover, and how the new Polygon Miden will enable a world of new possibilities that infeasible on EVM chains 👏
September 27, 2024 at 10:49 AM
🟣 Great speech by Bruno Škvorc at ETH MILAN 2024 about the future of the Polygon ecosystem, how Ethereum L2s and dedicated chains can benefit from its new aggregation layer and ZK prover, and how the new Polygon Miden will enable a world of new possibilities that infeasible on EVM chains 👏