Nudrat
nudratitus.bsky.social
Nudrat
@nudratitus.bsky.social
Web 3 Enthusiast, Crypto Trader, Blockchain Analyst, KOL Community Manager
Bitcoin is the lever. Use it wisely. 🟠
P.S.: Nobody knows the future price of Bitcoin. Michael Saylor predicts $13M in 21 years, but take it with a grain of salt and keep stacking Sats.
November 27, 2024 at 12:01 PM
Now, what if Bitcoin slowly reaches $13M over 21 years? What would you do differently? How will you ensure that you own more Bitcoin?
Volatility is your friend. Ignore the noise and short-term swings.
November 27, 2024 at 12:01 PM
The country holds over 5,932 BTC, with unrealized profits surpassing $168 million amid a market rally. Despite IMF warnings, Bukele remains confident in El Salvador's Bitcoin adoption, recently stating, "I told you so."
November 25, 2024 at 4:04 PM
El Salvador’s BTC Holdings Surge Amid Market Rally
AIMING FOR GLOBAL BITCOIN LEADERSHIP
President Bukele Eyes Top Spot in Bitcoin Per Capita Rankings
November 25, 2024 at 4:04 PM
NEW GEOTHERMAL ENERGY LAW IN THE WORKS
Government Pushes Legislation to Facilitate Miner Access
BOLSTERING NATIONAL BITCOIN STRATEGY
November 25, 2024 at 4:04 PM
Worse, any misstep could trigger a massive Bear Market—possibly within the next 18-24 months.
Exciting? Yes. Risky? Absolutely.
November 25, 2024 at 10:58 AM
Integrating Bitcoin deeper into the current financial system could spell trouble. It risks reducing Bitcoin to just another store of value (SoV) in the traditional ecosystem.
November 25, 2024 at 10:58 AM
Reports suggest that Cantor Fitzgerald is exploring a partnership with Tether to back a multibillion-dollar program. The idea? Clients could borrow dollars by using their Bitcoin holdings as collateral.
While some interpret this as a Bullish development, there’s a flip side.
November 25, 2024 at 10:58 AM
The market views it differently. Either because it puts 95% of the current value as a reflection of future development or because it views ETH as "money" instead.
November 25, 2024 at 10:00 AM
So, what does this imply?
From an investor perspective, not a lot. Yes, it does make the fundamentals slightly better, but we are still far away from fundamentals that defend the current market cap.
November 25, 2024 at 10:00 AM
👉 The rent paid by L2s is increasing. From low numbers, but substantial enough to matter.
👉 Fees paid on the L1 have increased substantially, but again from "low" levels.
November 25, 2024 at 10:00 AM
In the last week, the following has happened:
👉 The ETH supply is slightly negative. This implies that ETH is now deflationary again, which it hasn't been since the Dencun upgrade in March.
November 25, 2024 at 10:00 AM