Desperation clouds all judgement.

Every single US housing market is on fire, and San Diego is back in double-digit home price appreciation. That's with the highest rates in 40 years

No matter what happens in the crypto market, everyone will be totally fine because they only traded with money they could afford to lose and obviously took some profit on their massive memecoins gains on the way up.

Right?

The market gets spooked this week between the Yen collapse, Fed meeting, Treasury Sales and Global Macro/liquidity concerns. Going risk off - what are you selling first?

Data supporting the same concerns I’ve voiced on some X Spaces recently.

Muting anyone who says the Fed/ECB/BOJ is “trapped.”

If they claim that, they drastically underestimate the tools in their arsenal.

Some good analysis from Peter Brandt - $73k also happens to be the inflation adjusted triple top number for #Bitcoin .

We could have a rebound secondary bull cycle later this year, as we did in 2013, but a pullback is probably on the cards.

Why I Sold All of My Crypto (Yes, Seriously):

Civic Pass is now integrated with Solana Token Extensions.

This means that token issuers can program identity requirements in the minting process, using transfer hooks to limit who can send, receive and own their tokens.

New possibilities are now open to builders!

RWAs.

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At least he's honest.

Markets only care about input costs insofar as there is market demand for the good or service. Input costs determine margins and supply. In the case of #Bitcoin supply is fixed, including inflation rate, so input cost relates to network security and the margins to mine.

Someone just paid a $27,914 fee to have their transaction processed on the #Bitcoin network…

1/6

The deficit as a % of GDP (bottom), now 5.93%, is higher than in any period except the Great Recession (2007 - 2009) and the 2020 COVID shutdown (dotted line).

The government is borrowing to spend money like the economy is trying to recover from a recession.

This old tweet will become more relevant over the coming weeks and months as things get spicy in the markets…

I feel the same way right now. Buckle up.