Only one group is allowed to make money out of thin air — and that's not the crypto bros.👀 Check out our CryptoTwitter recap to see what went down this past week!
reacted to that and much more…Thread section is coming up a bit shorter this week. However, if you are looking for “macro outlook,” look no further than the LeBron James of macro investing: Stanley Druckenmiller.presentation about whether US exceptionalism is at riskThe US fiscal position is on an unsustainable path, with debt levels only comparable to those after WWII.
The fiscal gap is equivalent to a 40% increase in all Federal taxes collected, or a cut of 35% in federal spending.So if crypto can demonstrate a use case for the AI revolution orRegardless, this is well worth a read since Druckenmiller is one of the all-time great investors.thread. Coming to your rescue is Crypto McKenna with aArbitrum is actively capturing Ethereum protocols, users and liquidity.
The 7-day rolling transaction count on $ARB has increased from 222.7k to 1.45m since the start of 2023.In other DeFi-related news, here is a thread onPEPE cleaned the wallets of late longs ever since being listed on centralized exchanges. The frog has been boiled quickly and is down over 60% from ATHs at the time of writing, but you hopefully learned the most important lesson here:
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