David Lawant
@dlawant
Research @FalconXGlobal | Ex-@BitwiseInvest, @jpmorgan, @StanfordGSB | Decoding markets by day; music, photography, food, and books by night | John 15:16
Everyone: You’re so lucky to have ridden Bitcoin all those years. The ride:
We are on track to absolutely destroy the previous monthly record for crypto fund flows.
Fintech was always lipstick on a pig. Better UI, middleware and APIs on top of an embarrassingly outdated, slow, and crumbling financial infrastructure. It’s past time to replace it with realtime, modern, open, fast, and neutral rails, and it’s happening now.
One more time: If you were bearish with BTC’s order book this much skewed to the sell side while prices were holding near within 5% of ATHs, I don’t know what to tell you.
No idea who was selling, but one way to gauge asymmetrical selling pressure is spot orderbook skew. BTC orderbooks have rarely been this skewed to the sell side for this long while price held near ATHs. Textbook setup leading to an explosive breakout.
the FULL 80,000 btc from ancient bitcoin whale has been sold by galaxy, according to press release $9B worth of bitcoin fully absorbed by the market hahahahahahaha we’re going so much higher lololololol
Institutional crypto adoption is accelerating in Latin America – and Brazil is leading the charge. In our recent virtual roundtable, FalconX’s Head of Americas, Sales, @JoshBarkhordar hosted a conversation with @APortilho (Head of Digital Assets at @BTGPactual), Guto Antunes…
bring it on we are ready and going higher
The 80k BTC that were transferred to Galaxy OTC are now being liquidated on exchanges
It’s earnings season, and some pretty big crumbs are being dropped . The @CMEGroup’s crypto complex is posting absolutely massive numbers: Average daily volume reached 260k contracts in Q2 2025 (≈ US $12 billion notional), up 73% year-on-year.
Q: why is the new Fed HQ so expensive? A: because they needed to make room for for de basement
Current phase of the cycle: When the shitposts become reality (got the coin wrong tho)
Injective is tokenizing shares of prominent ETH treasury company SharpLink theblock.co/post/364213/in…
The President’s Working Group on Digital Assets has completed the 180-day report. It will be released publicly on July 30th. America is now leading the way on digital asset policy 🇺🇸
We have approval of the @BitwiseInvest 10 Index fund -- $BITW -- but just like @Grayscale's $GDLC earlier this month, Bitwise has been stayed by either one or multiple commissioners. Meaning they cannot actually convert it into an ETF ... *yet*
SEC Division of Trading & Markets has *approved* the Bitwise 10 Crypto Index ETF... However, like with the Grayscale Digital Large Cap ETF, this approval order is stayed. IMO, both of these should be allowed to convert/uplist asap. Bizarre situation.
Really enjoyed @FalconXGlobal’s webinar on how LATAM’s top banks are embracing crypto I've spoken about how Brazil has led the space, but hearing @APortilho @JoshBarkhordar @dlawant & Guto, discuss: - digitalization of banking experiences - frontrunning adoption with Brazil's…
In-Kind, if/when it comes, is a bigger deal than people realize
NEW: More positive signs regarding Bitcoin & Ethereum ETFs obtaining the ability to do in-kind creation and redemption 5 different funds on CBOE filed amendments with the SEC. This indicates to me that there is positive movement and likely fine tuning happening with the SEC
Today’s the day. LATAM is setting the pace for institutional crypto adoption – and we’re diving in at 3PM ET. Join @JoshBarkhordar, @dlawant, @APortilho (@BTGPactual), and Guto Antunes (@itau) for a quick-hitting roundtable on what’s driving the region’s digital asset momentum.…
We're live talking about State-Level SBRs! Join @BackslashBTC, @Rob1Ham, @samabbassi, @dlawant, @zackbshapiro, @zackcohen_ and Andrew Hohns for a discussion on @btcpolicyorg's recent State-Level Strategic Bitcoin Reserve Toolkit. x.com/i/spaces/1Yqxo…
Fun Fact: Federal Reserve Board operating expenses have *quadrupled* from 2004 to 2023, reaching ~$1 billion in 2023, according to the Annual Reports of the Board of Governors of the Federal Reserve System. federalreserve.gov/publications/a…
.@SecScottBessent calls for an exhaustive internal review of non-monetary policy operations at the @federalreserve