block is DCA'ing bitcoin every month. here's how your company can do it too: block.xyz/documents/bitc…

Coinbase, $COIN, earnings:

- EPS: $4.4, est: $1.07
- Rev: $1.64 billion, est: $1.32 billion

unusualwhales.com/news

Last few weeks haven’t been fun but making HTF higher lows is what matters.

Just turned 22 and have never taken a real break from Twitter so gonna go touch some grass and water for a few weeks. Talk soon, wish everyone well 🫡

Binance gets a $4 billion fine

CZ gets 4 months in prison

We live in a simulation

Base is onboarding 50k-100k new crypto users a day.

Approaching 9m users total.

h/t Crypto Watermelon (🧠,🧠)

🔴 US TREASURY SECRETARY YELLEN: I AM CONCERNED ABOUT WHERE WE'RE GOING WITH THE US DEFICIT.

Starting today, support for the Lightning Network via Lightspark will begin rolling out.

Enjoy instant, low-cost BTC transfers.

Learn more: coinbase.com/blog/coinbase-…

Hong Kong #Bitcoin and #Ethereum ETF launches didn't fully live up to their hype IMO. We don't have assets data yet but based on Bloomberg data i see about $12.8 million it total $ Volume for their first day.

The 3 Hong Kong spot #Bitcoin ETFs are going to start trading in a few hours. They're ready to go on Bloomberg/Bloomberg Terminal

China AMC is pretty confident that HK can outdo the US in bitcoin ETF flows and volume on Day One (which starts in a few hrs). Also says other regions like Singapore and Middle East could seek out the ETFs altho confirmed off limits for China mainland invs

We're ~3 days away from the $COIN Q1 earnings call

And w/April coming to a close, we now have enough data to get a better read on how Coinbase 🛡️ might guide for Q2

Let's dig in 🧵

Bitcoin quarterlies annualized basis is compressed back to levels when BTC was trading at 40k. So the selling pressure from a combination of directional longs closing and the cash and carry trade (short futs long spot) have still left us trading 50% above that level.

This trade…

before joining monad, i spent ~3 years venture investing at THE CMS and saw probably 1,500 to 2,000 different pitches from startups in crypto

through awesome efforts by Cobie / echo, Loomdart, as well as generally more “angel deals”, dealflow and private crypto markets are…

Good talk by Howard Marks from a few days ago

m.youtube.com/watch?v=BFH2mR…

'After re-running millions of portfolio simulations using a recent data sample, we find that a small allocation of 1-5% to crypto can enhance portfolio diversification.' - HSBC Research

BITCOIN ETF BANDWAGON HEADS TO AUSTRALIA AFTER $53 BILLION HAUL IN US

Australia is set for a wave of Bitcoin exchange-traded fund launches, following in the footsteps of the US and Hong Kong, as issuers like Van Eck Associates Corp. and BetaShares Holdings Pty line up for…