VIKTOR
@thedefivillain
I write a free weekly newsletter covering the latest crypto narratives : http://cryptonarratives.substack.com Link of my TG channel below
My article about Microstrategy is out ! Feel free to comment below if you have questions, happy to answer substack-proxy.glitch.me/articles/crypt…
"Treasury company buyers are accepting to buy $1 of $BTC for $2, they are dumb !" No, they are buying $1 of BTC + 1$ of additional BTC that they think the company will be able to add accretively on their balance sheet It's the same idea as valuing a company on its future cash…
Yeah and I also find it bearish that people expect Alon to just "put money back into the charts" Do you think he raised $1bn to put it on fire providing exit liquidity ? Theoretically he could do it, mark the bottom and "sell higher" but that's incredibly risky imo Not…
most ppl's pump thesis now comes down "i believe alon will do something soon" pretty weak thesis
The current state of $ETH in terms of inflows is so much STRONGER than on the 3 previous times it traded at $3700 over the past 18 months that I can't expect it to top here
It was the top, and a good short I don't have any view on $SPK anymore, this trade is done imo
I wrote this yesterday when $SPK was trading below $0.1 A short squeeze ends with the vertical part of the parabola, where the price moves get completely crazy Yesterday, $SPK was already up +230% in a few days, but it was not worth the risk getting into the short trade at this…
CT has extreme PTSD from last cycles' leverage wipeout. Meanwhile, bankers will end up buying all their bitcorns
What's funny with the "BTC treasuries concernoors" is that at the end of the day their argument is: "Don't take ANY leverage EVER or you are guaranteed to blow up" That's obviously stupid, what really matters is what kind of leverage you are taking and how it is structured. It…
What lessons can we learn about crypto treasury companies from the "investment trusts" of the 1920s?
Is someone tracking the Ethena wallets that are buying $ENA after the StablecoinX deal ? (Or sending money to CEXes and getting ENA back)
I don't think winter is coming back on $BTC The structure of the market has changed too much vs previous cycles
Why is the four-year cycle dead? 1) The forces that have created prior four-year cycles are weaker: i) The halving is half as important every four years; ii) The interest rate cycle is positive for crypto, not negative (as it was in 2018 and 2022); iii) Blow-up risk is…
🚨DID I HEAR SUPER CYCLE??? The four-year cycle is dead and adoption killed it. @Matt_Hougan says we're going higher in 2026. Early profit takers will be left behind!!! Full break down with @JSeyff and @Matt_Hougan in comments👇
Polychain dumped at least $250M of $TIA solely selling unlocked staked token rewards on their locked token allocation That's 4X their actual token allocation stack which they now dumped on the foundation Staking of locked/unvested tokens is a SCAM
The Celestia Foundation has worked with Polychain Capital to assign Polychain’s entire remaining TIA holdings to new investors. This month, the Foundation purchased 43,451,616.09 TIA from Polychain Capital for $62.5m. Polychain will shortly be undelegating their entire staked…
Is it a fair comparison for volume or is there 'hidden volume' for Pumpfun that is not included here ? (This comes from the Jupiter dashboard)
“i thought you owned bitcoin… what the hell is a pumpfun ICO"