FIRΞLYTΞ (@firelyte) header
FIRΞLYTΞ (@firelyte) profile picture

Product Designer. Serial Entrepreneur. Exploring the UX of blockchain & AI. $ETH $XPR ⚛️ $LOAN $MTL $ONE #ATOM

Joined May 2009
Photo by FIRΞLYTΞ (@firelyte)Photo by FIRΞLYTΞ (@firelyte)Photo by FIRΞLYTΞ (@firelyte)Photo by FIRΞLYTΞ (@firelyte)Photo by FIRΞLYTΞ (@firelyte)Photo by FIRΞLYTΞ (@firelyte)Photo by FIRΞLYTΞ (@firelyte)Photo by FIRΞLYTΞ (@firelyte)
Thrilled that @brexHQ is #4 on CNBC disruptors list this year! 🚀Since we started Brex, our customers: 1. Automated 11 million hours of busywork 2. Kept $50b+ of spend on budget, automatically 3. Earned $350m/year in financial income 4. Got $650m in rewards to accelerate growth
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FIRΞLYTΞ retweeted
Something I've noticed in the past is episodes of low 30-day realized volatility have coincided with lows in the crypto market... The magic level in BTC is 20%... every time it got there it was the cyclical low or preceded a larger leg higher in an early bull market. 1/
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H/t @patrickbetdavid for this find. Minimum wage was $.75 back then… $30 a week. Insane what our monetary policies have done to housing and cost of living. #inflation
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Got on Soba’s waitlist for their no-code gaming platform. Here is my referral if you want on the waitlist. soba.xyz/?referral=ubndc41&r…
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FinTwit is mentally exhausting these days, even after my holiday… the issue is one of probabilistic outcomes 1/
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Digging more into decentralized ID, KYC and regulatory compliance. Articles like this drawing more attention to it. #web3 itechpost.com/articles/11152…
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time/rainbow (grey) 70k s2f (darkbblue) 60k difficulty (light blue) 22k mining cost (green) 14k utxo/tx (purple) 8k choose your horse
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NVT Signal hits lows. Levels not seen in more than half a decade.
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if hollywood made a movie about crypto: 2 Fast 2 Fungible
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Miner margins have been getting compressed a bit lately with the following mix: Hash rate up, difficulty up, and BTC price down. Hash price is its lowest since late 2020. Starting to see some miners trimming their BTC (bottom right). These are the four charts I'll be watching:
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FIRΞLYTΞ retweeted
Bitcoin is an exponentially growing monetary network that should be expected to reach 1 billion active users in the next decade. [THREAD]
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Ethereum has life-changing opportunities out there in the wild. Yes, even in bear markets. ‘Information asymmetry’ is something you must use to your advantage. Here’s how… 🥐 (1/x)
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FIRΞLYTΞ retweeted
Creator Revenue (2021) Spotify: -$7B to creators -11m artists -$636 Avg/Artist Youtube: -$15B to creators -37m channels -$405 Avg/Artist Meta: -$300m to creators -3B users -$0.1 Avg/User NFTs: -$3.9B to creators -22.4k creators -$174k Avg/Artist Still underestimating Web3?
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FIRΞLYTΞ retweeted
Part 1: Invest in a Mindset⚠️ In this thread i detail how it took years to formulate a basic strategy that works for me Il show you the strategy i used to make $100k in a single day trading $LUNA & how i was able to capitalize on a market most people are too scared to touch 👇
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FIRΞLYTΞ retweeted
Long-term holder cost basis is rising as short-term holder cost basis declines. If this persists and STH crosses below LTH, historically has marked generational Bitcoin buying opportunities. We are getting close.
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FIRΞLYTΞ retweeted
After a more than 50% decline in the price since its all-time-high in November of 2021, bitcoin is currently the 9th largest base money on the planet. Despite the fall from 7th on the charts, this is still an incredible feat for the nascent monetary good. tftc.io/martys-bent/issue-12…
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"Where is the money coming from?" The MOST important question in DeFi that most investors don't ask.. 👇 🧵 [1/x]
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1/ On the Fed, the bottom, and a potential relief rally. Part 2: the macro bottom Thread 🧵
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After months of observing the industry and strategizing, it's time to announce what we believe will come to be known as Web3's most comprehensive #NFT rewards initiative: The Wilder Genesis Rewards Program 🧵 Full Zine Update: bit.ly/3ssBStO
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FIRΞLYTΞ retweeted
The beatings will stop when moral improves! In this case, bond yields need to signal that conditions are overly tight. In the final few weeks risk liquidation phase, yields should stop rising and should begin to fall. The beatings won't stop until that happens.. let's see 1/
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