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@esion

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I made money on Farcaster casting about my life. Never on traditional social. Now I can afford to live comfortably in my 300sqft New York studio apartment!
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This week I nominate @esion because ...
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The worst content on any social network is talking about the social network
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Matrixport released today's chart stating that the price of Bitcoin was around $700 per coin when Trump was first elected in November 2016 and has risen sharply in his first year in office. While a single data point is not enough to create a trend, optimism in the market remains high, with many believing that if Trump is re-elected he will deregulate and Bitcoin could be set for further upside. The betting markets are currently projecting a 66.5% probability of a Trump victory, or one of the largest lead margins in history. Meanwhile, demand for Bitcoin continues to increase, with recent single-day Bitcoin ETF purchases amounting to $800 million, further reducing the supply of Bitcoin on exchanges.
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In the roundtable “BTCFi: Tapping into the Trillion Dollar Opportunity,” Kyle Ellicott, Executive Director of the Stacks Asia Foundation, said in a roundtable at SmartCon 2024 Hong Kong organized by Chainlink that the bitcoin ecosystem has entered a period of accelerated growth in the last 10-12 months, and that it is more publicly recognized and discussed than in the last few years, or even the last 10 years. The Bitcoin ecosystem has accelerated in the last 10 to 12 months, with more public awareness and discussion than in the last few years, or even the last 10 years. The BTC ecosystem TVL is now at approximately $2.5 billion, built by industry participants. The BTC ecosystem is now connected to the EVM chain ecosystem, and in 2025, there will be more internal cooperation between BTC native protocols rather than competition. This is what end-users want to see - a smooth transition from point A to point B.
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The U.S. Bitcoin Spot ETF has seen net inflows of $4.73 billion in the last 13 trading days, compared to just $60.87 million for the Ethereum Spot ETF over the same time period
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