VirtualBacon
@virtualbacon
Crypto and macro in plain English. Every day: the levels I am watching and the positions I actually hold. No hype. Livestreams Mon-Fri.
7K Following 235.7K Followers
Canary's staked $INJ ETF hits Nasdaq today, per a Nasdaq notice. A staked ETF locks up its coins to earn network rewards for holders.
It's the first one for Injective. Disclosure: I hold some
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I hold some Injective, and the coin's holding up really well. All of its supply is already circulating, so there's no big unlock coming where early investors can sell on you. To me that's a healthy long-term game
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"There's no clock in perps"
I asked David Wells, CEO of @OndoPerps, to explain perps for someone who's never traded one, and why stocks and pre-IPO names now trade 24/7 on-chain (outside the US)
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On the most aggressive timelines, quantum computers could crack old Bitcoin wallets within this cycle. Only two blockchains running today are built to be quantum-resistant: Quantus and Algorand. A big story with so few coins is what makes this narrative asymmetric.
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Confidential deposits from all chains to Near is actually genius. Any leftover amounts I now just send to the exchange and private swap to stable/btc and don’t even feel like withdrawing. This is gonna be a massive DeFi TVL sink overtime
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Join us tonight for the live AMA round 2 with @Tanzeel_Akhtar and @dahongfei to cover the latest updates on Neo.
