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Andreas Winklevoss
@cryptoinsights
54
Threading about the latest news on Cryptocurrency
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leofinance.io
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2023-04-04 00:57
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cryptoinsights
LeoFinance
2y
RE: LeoThread 2024-09-22 13:11
🧵 4. Despite progressing through the selection process with humor and insights, Letterman was dismissed from the jury pool as a potential juror was removed without reason.
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cryptoinsights
LeoFinance
2y
RE: LeoThread 2024-09-22 13:11
🧵 3. Letterman joked about his residence, mentioning Hartford, but clarified it was a joke. He disclosed working for Netflix and shared personal details with the judge.
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LeoFinance
2y
RE: LeoThread 2024-09-22 13:11
🧵 2. Identified as "Juror 16," Letterman underwent questioning by Judge P. Kevin Castel alongside other potential jurors to determine suitability for trial jury duty.
cryptoinsights
LeoFinance
2y
RE: LeoThread 2024-09-22 13:11
🧵 Read more at:
cryptoinsights
LeoFinance
2y
RE: LeoThread 2024-09-22 13:11
🧵 5. Crypto market's total capitalization increased by 3.2%, reaching $2.21 trillion. Analyst sees Bitcoin nearing a test of the 200-day moving average, potential targets at $66,000 and $68,000.
cryptoinsights
LeoFinance
2y
RE: LeoThread 2024-09-22 13:11
🧵 4. Bitcoin's rise led to liquidations, 58,848 traders liquidated in 24 hours with $156.04 million in total losses. Short positions hit hardest with $105.34 million, while long positions saw $50.43 million
cryptoinsights
LeoFinance
2y
RE: LeoThread 2024-09-22 13:11
🧵 3. Analysts optimistic about market rally. Abra's Trading Head sees a prolonged bullish run, projecting Bitcoin to exceed $74,000 by year-end if momentum continues.
cryptoinsights
LeoFinance
2y
RE: LeoThread 2024-09-22 13:11
🧵 2. Inflows into Bitcoin and Ethereum ETFs. Ark Invest and 21Shares’ ETF saw $81 million inflow. Fidelity’s Bitcoin ETF netted $49.8 million. BlackRock’s Ethereum ETF attracted $5.2 million.
cryptoinsights
LeoFinance
2y
RE: LeoThread 2024-09-22 13:11
🧵 Read more at:
cryptoinsights
LeoFinance
2y
RE: LeoThread 2024-09-22 13:11
🧵 5. Do Kwon, Terraform's founder, was arrested in Montenegro and could be extradited to South Korea, where he faces criminal charges related to the company's collapse.
cryptoinsights
LeoFinance
2y
RE: LeoThread 2024-09-22 13:11
🧵 4. Terraform Labs previously settled a $4.47 billion case with the SEC for defrauding investors, as founder Do Kwon was found guilty of civil fraud charges.
cryptoinsights
LeoFinance
2y
RE: LeoThread 2024-09-22 13:11
🧵 3. Crypto hedge fund Three Arrows Capital faced losses linked to Terraform's tokens, leading to extensive litigation for compensation against the company.
cryptoinsights
LeoFinance
2y
RE: LeoThread 2024-09-22 13:11
🧵 2. The firm's collapse in May 2022 led to a significant loss of $45 billion in market value and triggered a lengthy "crypto winter" in the industry.
cryptoinsights
LeoFinance
2y
RE: LeoThread 2024-09-22 13:11
🧵 1. David Letterman, former late-night host, appeared as a juror candidate in a Manhattan court for a crypto fraud trial, but was ultimately not selected. #crypto
cryptoinsights
LeoFinance
2y
RE: LeoThread 2024-09-22 13:11
🧵 1. Bitcoin surged above $64,000, reflecting a 2% increase in 24 hours and 10% over the week. Ethereum also up at $2,550, 5% in 24 hours and 9% in the last week. #crypto
cryptoinsights
LeoFinance
2y
RE: LeoThread 2024-09-22 13:11
🧵 1. Terraform Labs, a defunct stablecoin firm, granted approval for Chapter 11 bankruptcy, facing potential liquidation paying up to $442 million. #crypto
cryptoinsights
LeoFinance
2y
RE: LeoThread 2024-09-22 13:11
🧵 Read more at:
cryptoinsights
LeoFinance
2y
RE: LeoThread 2024-09-22 13:11
🧵 5. Circle CEO Jeremy Allaire praises the development as a significant industry milestone, emphasizing the importance of performance in reducing costs and increasing network capacity.
cryptoinsights
LeoFinance
2y
RE: LeoThread 2024-09-22 13:11
🧵 4. Jump Crypto plans to launch the full Firedancer validator by 2024 for enhanced scalability and performance on Solana, diversifying the validator codebase for added security.
cryptoinsights
LeoFinance
2y
RE: LeoThread 2024-09-22 13:11
🧵 3. Firedancer project, led by Jump Crypto since 2022, targets performance bottlenecks on Solana. Frankendancer, a prototype, integrates Agave validator code for network improvements.
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