Blake (blakebtc)

Nice to see you guys here, Farcaster fam.

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When competition compresses margins, even crypto ETF pioneers have to change the game. https://paragraph.com/@0x92613e5cc954b3e5e7c7c61db5be7a238a955fc7/coinshares-pulls-plug-on-select-crypto-etfs-ahead-of-us-listing

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It’s clear the crypto crowd has thinned out — October was the turning point. Most of this month’s ICOs will likely end in heavy losses, especially overvalued India projects. With no new capital entering,the 10/11 flash crash marked the end of this cycle’s liquidity. Even good projects are suffering — @humidifi launching Dec 3 gets little attention, whereas it could’ve done 30x oversubscription in October. Not fun anymore. Time to rest and just focus on wealth management and arbitrage.

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Just claimed my onchain identity on Base 🔵 Ready for whatever comes next 👀 @warpname

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