These are going to go quick. Hope to get my hands on 1 (or 2…or 3…)
Feels like the slingshot is pulled all the way back, just a matter of time until it is released.
Have you tried Nostur? I had several issues with Damus I could never fix so I opted for a different client.
Bitcoin is going to expose and humble so many tradfi folks - it’s going to be fun to watch. Everyone will get into bitcoin at the price they deserve
Not really sure where they sourced it. Could just be all the bitcoin circulating out of GBTC - very possible. Not sure if Bitcoin held in a trust for a vehicle that is also converting to and ETF is permissible. Thats said, seems like GBTC is just milking their vehicle and fees and not interested in competing on low fees, so maybe they just accepted their fate and knew Capital would rotate out so collected on the fees? Possible I guess.
Need 10,000 bitcoin in collateral at $46k, assuming they expected this volume. If they didn’t anticipate this volume, then they would be either in violation or screwed. Maybe the MM did their job very effectively. Just surprising is all.
MM and the APs need to locate the underlying asset. Should absolutely have impact on price. Especially given the volumes.
With $4.6 billion in volume just in the ETFs (ignoring spot volume) on the first trading day of a thinly traded asset (even with market makers and futures) still surprises me how quiet it was price wise. It is odd.
Up only may be a real thing…
Running bitcoin
Uncle Marty feeling these vibes? nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy
nostr:note18xfnc4gh3fqan3zjvlf3tz4ahupnv39eq255ddws3dm5cvyyvtes8ncjjq
Thought: was the SEC account “hack” a false flag (one of many to come?) to point to the dangers of cyberattacks and user in Patriot Act 2.0? Maybe not, but seems like a government agency getting attacked for potential profit in “big bad crypto” is a decent story for bad actor politicians to run with. Stay alert, freaks.
