Every bear market you get people grave dancing crypto prices, cherry-picking dates from the pico-top of last cycle and comparing the holding period return to the best performing asset over the same window. The best thing you can do for your sanity during bear markets is to mute these people.

$100,000 invested 5 years ago in Ethereum $ETH

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We just published our full Ostium deep dive, now live and free to read! Ostium is the single best place to trade perps on global markets. Institutional-grade trade execution democratized for everyone, onchain and verifiable, with the lowest in class... Read more

On April 18, an attacker exploited KelpDAO’s LayerZero-powered cross-chain bridge to release 116,500 rsETH ($292M), roughly 18% of the supply.

Rather than dumping the tokens in an illiquid market, the attacker deposited 89,567 rsETH into Aave as collateral, borrowing ETH and WETH across Ethereum and Arbitrum.

Aave rsETH and wrsETH markets

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Google started rolling out its Personal Intelligence feature to Gemini users across much of the world this week. The feature pulls across Gmail, Calendar, Drive, Photos, YouTube, Maps, and Search to give answers shaped around whatever your account al... Read more

 

April 14th touch probabilities // BTC price when generated: $74,171

Since April 10th:
> $80k 14D touch 24% -> 33%
> $70k 14D touch 65% -> 46%

GT model shifted constructive, $75k = magnet at 77% on 14D, upside tilt firmer but 2 way risk still being priced in.

The 4 day shift is the signal here, $80k 14D touch jumped 9pp while $70

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12 months ago, the digital asset secondary market was token dominated, with a ratio of nearly 70% tokens / 30% equity opportunities. That ratio has now inverted. This isn’t cyclical rotation, but rather a structural re-rating of how the market values access to private companies at the intersection of crypto and tech. The numbers tell the

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TGA just rolled over hard, down 11.7% to $748B from the ~$905B peak and the rolling correlation with BTC is sitting at -0.57 / -0.32 / -0.56 across 30/90/365d windows

All 3 windows agreeing negative means the liquidity relationship is live and tight – TGA rising drains reserves out of the system and pressures BTC, TGA falling does the oppo

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This morning’s PCE data confirms the US consumer was already softening back in February before the Iran war even kicked off. Headline inflation came in largely in line, but the more important signal is income and spending drifting lower. We’ve been f... Read more

last hivemind on the empire feed (with new host @Kevin_Kelly_II)

we’re bringing it home to delphi media moving forward. thanks to bw for everything over the past year, links for new feed below:https://t.co/Pe8cC8wuJKhttps://t.co/hYx8skOwrxhttps://t.co/ZWOHycKmLv https://t.co/OmnLs8PRP9

— ceteris (@ceterispar1bus)
April 9,

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TLDR The BTC Game Theory model flipped into a fresh Cooperation regime on March 31. By Day 2, CPS had already cleared the 0.57 durability baseline, something that typically takes weeks and has never happened this early across 34 episodes. As of Day... Read more