Ray
@narrenschiffe2
Fund Manager in TradFi, with an enthusiastic heart for Bitcoin & crypto.
Here you go x.com/robdogeth/stat…
stETH is experiencing a sustained depeg - let's dig into the mechanisms driving it and how the great stETH looping unwind is playing out stETH is a liquid staking token by Lido, which dominates it's category and is considered an exceptionally safe token. So why is it depegging?…
After 20 years at BlackRock and helping to lead its digital asset strategy, I’m beginning a new chapter: I’ve joined @SharpLinkGaming as Co-CEO. Here’s why. At BlackRock, I helped launch: - IBIT — world’s largest Bitcoin ETP - ETHA — world’s largest Ethereum ETP - BUIDL —…
Wait… the $BTC dumping OG is actually buying $ETH now? 🤣 At least make it more than 18 $ETH next time.
$BMNR mNAV = 1.75x @ $40/share (= 40/22.84) $MSTR mNAV = 1.78x as of today
Many asked for $ crypto NAV per share for $BMNR: - as of July 27, 2025 --> $22.84 - July 8, 2025 (PIPE close) --> $4 Increased by 6X in 18 days @BitMNR
기관들의 실물자산 토큰화가 본격화된다. 업계에 있는 사람들은 이게 단순히 리테일로 유동성을 확대하는 것 외에, 기관투자자에게도 얼마나 큰 영향인지 알 것이다. 송금와 결제 측면에서 SWIFT 의 불편함은 말할 것도 없고, 주식 채권의 보관을 위한 수탁계좌도 국가에 따라 계좌개설에만 한달씩…
Japan’s largest bank, MUFG, has acquired a high-rise office building in Osaka valued at over ¥100 billion (approx. $681 million) and plans to tokenize the property using its Progmat platform. The digital securities offering will target both retail and institutional investors.…
왜? 스트래티지의 월배당 'STRC'는 역대급 "25억 달러" 규모 IPO 상장이 가능했는가? ( 장문 주의 + 모든 전략 소개 ) -------------- STRC는 일단 100달러 아래에서 산다면 "개이득" 이라고 보시면 됩니다. 마이클 할배가 101달러에 콜옵션 ( 주식 환매 / 자사주 매입과 비슷 )으로 손해를…
$SBET 은 7/24 총발행주식수 증가에 대한 주총승인을 통해 추가 $5bn ATM 발행 요건을 충족. 7/25부터 신주 발행 및 ETH 매수를 진행 중인 것으로 보임.
$SBET – Some might mistake the +$5B ATM for a shareholder-approved item , but the actual vote on 7/24 was to increase the authorized shares (from 100M to 500M), not the ATM itself. The ATM was already amended by the Board and filed with the SEC on 7/17, subject to shareholder…
$SBET – Some might mistake the +$5B ATM for a shareholder-approved item , but the actual vote on 7/24 was to increase the authorized shares (from 100M to 500M), not the ATM itself. The ATM was already amended by the Board and filed with the SEC on 7/17, subject to shareholder…
Robinhood offering a 2% match for crypto transfers, and VCs and other investors shifting staked ETH into Treasury companies (DATs) to double their money when lockups expire. As with $MSTR $BMNR,Treasury stocks are a way wirehouse advisors can give clients exposure to BTC and ETH.
what is the most economical explanation for the sudden surge in ethereum unstaking demand?
ERIC TRUMP SAYS ETHEREUM IS UNDERVALUED Eric Trump signaled support for claims that Ethereum is undervalued, reposting a crypto analyst’s view that ETH should be above $8,000 based on global liquidity trends. Trump simply commented, “I agree.”
Similar speculation here — maybe the BTC OGs wanted to sell BTC and scoop up ETH cheap, based on Galaxy Digital’s advice. That’s why Galaxy dumped most BTC on the open market (not fully OTC), pushing prices down — then quietly rotated into ETH. 1. On the same day, Novo appeared…
color me suspicious. why so clumsy - no OTC, no TWAP? probably hedged to at least recover the price drop they caused. and presumably timed around Novo appearance marketing alts on CNBC. (i won't like as alts are scammy).
JUST IN: Galaxy Digital announced it executed one of the largest notional bitcoin transactions in history, selling over 80,000 bitcoin worth more than $9 billion 🤯
🚨 This morning, Galaxy Digital moved 32,448 BTC — worth over $3.7 billion — with a big chunk headed to exchanges. 5 Key Charts about the movement 🧵👇
i'm rooting for all of the ETH treasury orgs but i'm piling in on SBET because there are maybe only a handful of people in the world who understand and care about Ethereum succeeding for the longterm as much as Joe Lubin does and he's building a world class team around him
mNAV of $SBET is <2 at this level $SBET is a Safe Bet
$SBET mNAV = 2.11x with ETH $3700, Share Price $25.6 (Sorry, I didn’t include Cash in my previous $SBET mNAV calculation) ETH holding = 360,807 ETH Concentration = 3.06x Fully Diluted Shares = 360,807 * 1000 / 3.06 = 117,910,784 ETH NAV = 360,807 x $3700 = $1,334,985,900…
80K $BTC in Motion: Is Galaxy Digital Pulling the Trigger? 📉 Let’s dive in: 🧵 ⤵️ 1️⃣ On 4 Jul a dormant Satoshi-era wallet re-awakened, starting to move its entire 80,202 BTC to Galaxy Digital’s trading desk. 2️⃣ 15 Jul — First tranche 9,000 BTC arrives at Galaxy; within hours…
🚨 Is a BIG #BITCOIN SELL-OFF taking place? Over the past 9 hours, #GalaxyDigital deposited 11,910 $BTC ($1.39B) to multiple exchanges. These BTCs likely originated from the Bitcoin OG that offloaded 80,202 $BTC ($9.54B) at an average of $118,950 between July 15–18. Notably,…
$SBET nuked today - no clear reason yet. Could they have already started issuing that new $4B ATM to buy more $ETH? (or Forward Sales Agreement) If so, lowkey bullish.
Pantera DAT Fund was oversubscribed within a week – and we’ve since been able to fully deploy the capital into high-quality deals. Our pipeline remains strong, and so we’ve decided to open Pantera DAT Fund II to investors. How to invest: panteracapital.com/blockchain-let…
Pantera has created a fund that provides investors access to Digital Asset Treasury (“DAT”) opportunities. We have a robust pipeline of opportunities to deploy fresh capital and are opening access to investors. More on the strategy and how to invest: panteracapital.com/blockchain-let…
Hi @ethereumJoseph @fundstrat can we please get a $MSTR like dashboard please? Also, as an industry, can we agree on "ETH Concentration" as the key metric? More transparency = more investors = higher prices $SBET $BMNR 🟢🌕