PostTenebras (@PostTenebras2) header
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sw dev, investor, macro

Joined November 2021
Photo by PostTenebras (@PostTenebras2)Photo by PostTenebras (@PostTenebras2)Photo by PostTenebras (@PostTenebras2)Photo by PostTenebras (@PostTenebras2)Photo by PostTenebras (@PostTenebras2)Photo by PostTenebras (@PostTenebras2)Photo by PostTenebras (@PostTenebras2)Photo by PostTenebras (@PostTenebras2)Photo by PostTenebras (@PostTenebras2)Photo by PostTenebras (@PostTenebras2)
The word you're looking for is "depreciates" not "deprecates" And you're also wrong
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Imagine my shock when another dumb "Dunning-Kruger effect" lib cannot handle mild discourse
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My $HOOD bags up +15% today as tradfi finally wakes up to Robinhood Chain Send it
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$BTC obviously want this to hold, but looks like a perfect textbook cycle bottom to me, extremely similar to last cycle Next to watch for is putting in a higher-high at some point on the weekly above ~$83k along with higher-high in RSI
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PostTenebras retweeted
Robinhood $HOOD brought in more revenue during Q2 from prediction market transactions than both stock and crypto transactions Revenue by segment: $342M - Options $156M - Prediction markets $129M - Equity $100M - Crypto $49M - Other
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PostTenebras retweeted
Robinhood $HOOD just said it now has 13 seperate businesses that bring in more $100 Million in ARR Robinhood's Credit Card and Legend are both now $100M annualized revenue businesses
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$HOOD earnings in with beats across the board
$HOOD Q2 EARNINGS • Revenue $1.31B vs Est. $1.28B • EPS $0.62 vs Est. $0.43 • Net Income $573M vs Est. $390M • Total Platform Assets: $369B (+32% YoY) • Gold Subscribers: 4.8M (+39% YoY) • ARPU: $187 (+24% YoY)
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PostTenebras retweeted
Status update: I am moving from the Ethereum Foundation to Ethlabs @ethlabs_org, joining the team to accelerate protocol work in the age of Ethereum adoption. In 5 years at EF Research, I have worked on research and specification of a wide range of Protocol R&D: mev, consensus, data availability sampling, execution layer pricing. In every workstream, I am grateful to have found talented, principled, passionate colleagues. Leaving that behind is hard, but after 5 years this time of great change seems right for a new beginning. Thankfully, I am not going far! For the first time since I have been working on Ethereum research, there is a credible shot at some of it (and more) happening outside the EF. I'll be joining long time EF colleagues at Ethlabs to make this a reality, building a world class team to bring new talent into the ecosystem and make a real impact on Ethereum's chances to move economic activity to an open, global, censorship-resistant substrate. Besides helping Ethlabs to grow and find its footing as a contributor to protocol R&D, I'll continue much of my work. In particular, I intend to continue focusing a lot of my effort on making Ethereum finalize much faster, as soon as possible.
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$ETH is the native asset of the Ethereum economy As trillions (stables, RWAs, etc) go onchain, ETH catches bids as the native currency/SoV Last cycle, BTC stole the spotlight with the mainstream adoption of its ETFs This cycle will be all about tokenization
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As much as people hoped otherwise, the 4 year cycle refuses to break A boring but predictable outcome
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I'm back in $HOOD at $85 avg Love the chart and the business is doing VERY well
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$STRC mad rush to the exits
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I know $STRC par value isn't a "peg", but this ugly chart has got to be giving crypto natives de-peg PTSD here
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$MSTR last year Nailed it
$MSTR turbo nuking (as expected) Even if it gets a relief rally soon, it's still going a LOT lower Sub-$100 is inevitable, heck even sub-$50 is on the table
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Replying to @BricenWeeks
I'm confident $MSTR will be sub-$100 again during the next bear market
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November, 2024 $MSTR had just hit $543 Nailed it
Honestly I think $MSTR likely already topped for this cycle MicroStrategy is basically Olympus DAO for TradFi Eventually the FOMO stops and all the inflation catches up to you
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$STRC crisis of confidence is here Investors are exiting with a haircut because they don't want to run the risk of being the last ones holding the bag
If/when investor confidence fails, $STRC will absolutely fall out the bottom There is nothing to "peg" this to $100 other than the faith of continued buyers The big Q is if Saylor's scheme will last another cycle or not I'm quite confident it will not last in the long run
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If/when investor confidence fails, $STRC will absolutely fall out the bottom There is nothing to "peg" this to $100 other than the faith of continued buyers The big Q is if Saylor's scheme will last another cycle or not I'm quite confident it will not last in the long run
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$HYPE at $62 is currently trading at a P/E ratio of 1000x Market cap: $14.75B Revenue ARR: $620.31M Expenses: $605.61M Earnings: $14.7M
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$COIN chart playing out Looks great
$COIN in with the breakout as crypto, markets rise VERY clean technical setup here
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$COIN in with the breakout as crypto, markets rise VERY clean technical setup here
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