1/ @ethernaz on understanding NFT cycles
🧵🧶🧵WHY UNDERSTANDING NFT CYCLES ARE CRITICAL & how I think about them based on my experience…
What I will cover:
• what are NFT cycles?
• what are some trends I’ve noticed in NFT cycles?
• how I plan to play it
🔽👇🏽👇🏽👇🏽⏬
2/ Fidelity to introduce asset accounts that hold Bitcoin
“Fidelity — which held $2.4 trillion in 401(k) assets in 2020, or more than a third of the market — said it was introducing a digital assets account to hold Bitcoin. The account will become widely available in the middle of this year”
Probably nothing 😉
nytimes.com/2022/04/26/bus…
3/ Buenos Aires to allow citizens to pay taxes in Bitcoin
JUST IN: 🇦🇷 Buenos Aires has announced plans to allow citizens to pay taxes with #Bitcoin and #cryptocurrency.
4/ $BTRFLY 2.0 and the future of @redactedcartel by @DegenSensei
With $BTRFLY 2.0 being imminent, @0xSami_ dropped some alpha concerning @redactedcartel incoming future on the @Kngmkrpod.
Here is a thread covering the main points 🧵
5/ I wanna $DAI
imagine if 2 years ago, when DAI supply was sub 100M
a time traveler from the future told you that DAI supply in 2022 would be several billions
and you took all your ETH that you had on hand, and invested it into MKR
you'd be down 50%
Brain Food 🧠
@drakedanner on identities in web3
@hussufo on inflation resistant stable coins
New Article: Inflation-Resistant Stablecoins 🏦
With the recent launches of $VOLT (@VoltProtocol) and $FPI ( @fraxfinance) I thought I'd put together an explainer piece
We cover CPI tokens, $VOLT, $FPI, how they work, and why they could be a big ass deal
themothership.substack.com/p/inflation-re…