🎭 A Christmas Carol: #Web3 Edition
Starring:
🎩 @realDonaldTrump  as Ebenezer Scrooge
⛓️ @elonmusk  as Jacob Marley's Ghost
👼 7 Angels of Crypto Utility as seen by me and @Sigma_VC
What happens when the Ghost of Blockchain Past visits the Oval Office?
Thread 🧵👇

Twitter

The FLOW Token recently experienced a severe flash crash, once again sending the cryptocurrency market into turmoil as its price plummeted by over 42% in a very short period, causing a massive loss of market Capital ...

The price of the FLOW Token unexpectedly plummeted for no apparent reason.

The recent market has been truly stagnant, with frequent fluctuations and erratic price swings, effectively eroding liquidity and leaving no clear direction.

Let's summarize what the top analysts are saying: During this period, resting is better than frequent trading. Maintaining your understanding is key; inaction is the best strategy.

Current Market Situation: High-Level Consolidation and "Washout"

- Current Market Situation: BTC is currently consolidating in the 85k-90k range, characterized by frequent "V-shaped" price swings (rapid up-and-down V-shaped reversals). Essentially, this is the main players clearing out high-leverage contracts and reaping profits from short-term traders.

- Supply and Demand Structure: Sellers are showing strength...

Market Overview | BTC

Are prediction markets simply well-packaged gambling, or a revolutionary innovation?

The debate seems to have strayed from the core issue.

This article, originally written by @0xJeff and translated and personally interpreted by @anymose, retains only the general meaning; for the original flavor, please refer to the original text.

01 When Risk is Packaged as Entertainment
The US is sliding into the abyss of "hyper-gambling": The market is flooded with sports betting apps optimized for teenagers, one-click prediction markets, and even absurd apps that use coin tosses to decide whether to double rent… Risk is blatantly packaged as entertainment, a sad reality.

Gambling has existed since ancient times:...

What are gamblers thinking?

The Grand Finale 🎄
Christmas morning. A converted @realDonaldTrump  calls Putin  & Zelensky
"Broskis—stop fighting over land and gold. Just get your hands on Bitcoin and live peacefully forever."
hands them a hardware wallet
"God bless us, everyone... and WAGMI."
@Sigma_VC