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@ki_young_ju:The stars haven't aligned for a Bitcoin bull run just yet. https://t.co/zXPyThnjPv

@_dshap - Futures demand: Change in open interest - Spot demand: Change in apparent demand https://t.co/3IUo7hWv4K

@ki_young_ju:Apparent demand is the difference between production and changes in inventory. For #Bitcoin, production refers to mining issuance, while inventory refers to the supply inactive for over a year. If the decrease in inventory exceeds production, demand is increasing, and vice versa. This metric is widely used across industries, including consumer goods and raw materials. Our Head of Research @jjcmoreno, often used it to calculate aluminum demand during his 10 years as an industry analyst before joining @cryptoquant_com.

The stars haven't aligned for a Bitcoin bull run just yet. https://t.co/zXPyThnjPv

Live Chart 👇 https://t.co/MMNfoYlLVI

Bitcoin is futures-driven right now. Open interest is rising, while on-chain spot demand remains net negative. A sustainable rally needs both spot and futures demand. As April showed, futures-led rallies tend to fade without spot support. https://t.co/ayh6aTOJsb

@ki_young_ju:Bitcoin is currently futures-driven. Open interest is rising, but on-chain apparent demand remains net negative despite ETF inflows and Saylor buys. Historically, bear markets end when both spot and futures demand recover. https://t.co/HcCjBQTniL

RT @Cryptopathic: earlier cycles were marginally more meritocratic, superior analysis of public information meant better trades. opportunity was open. now it is almost entirely an elitist insider game for young socialites, substanceless fashion-hype, 99% noise. they don't know different

@Cryptopathic:earlier cycles were marginally more meritocratic, superior analysis of public information meant better trades. opportunity was open. now it is almost entirely an elitist insider game for young socialites, substanceless fashion-hype, 99% noise. they don't know different

@CorySwan The catalyst is boredom!

JUST IN: CFTC SUES GOLIATH VENTURES FOR ALLEGED $397M PONZI SCHEME @CFTC alleges Goliath Ventures ran a $397M Ponzi that claimed crypto was being invested in DeFi pools, while no funds were deposited. $48M went to the CEO's personal accounts. There are 1,600+ customers seeking recovery through bankruptcy. Read more here: https://t.co/tM3R7816p3

RT @adam3us: "bitcoin is", and that's enough.

@adam3us:"bitcoin is", and that's enough.

@mir_btc @giacomozucco @JAN3com @cypherpunkstore @adam3us Is he like double or triple captured at this point??

RT @mir_btc: How @giacomozucco goes to the gym 🤷🏼‍♀️ https://t.co/tP3qmEF7Fs

@mir_btc:How @giacomozucco goes to the gym 🤷🏼‍♀️ https://t.co/tP3qmEF7Fs

RT @PeterSweden7: Around 43% of the German population aged under 5 now has a foreign background.

@PeterSweden7:Around 43% of the German population aged under 5 now has a foreign background.

@PeterSweden7 Wow

@TheBabylonBee How much is it?

Moonbase Alpha will be so cool. And we want to make it so that anyone can go to the Moon if they want.

@XFreeze:SpaceX is getting very close to building the first serious base on the Moon Starship changes the entire equation It is designed to deliver up to 100 tonnes directly to the lunar surface - enough to transport habitats, rovers, power systems, construction equipment and everything needed to begin building a permanent outpost Then the other pieces come together Tesla Optimus robots could eventually unload cargo, assemble structures, move equipment and perform dangerous construction work before large human crews arrive Building a base mostly with humans is a serious limitation Humans need life support, pressurized habitats, spacesuits, oxygen, food and protection just to survive and work on the lunar surface But with Tesla Optimus, that equation changes entirely Tesla’s experience with solar energy, batteries, autonomous vehicles and large-scale manufacturing can support the power and transportation systems required on the Moon SpaceX provides transportation Tesla provides energy, autonomy and robotics Starship provides the scale Suddenly building a serious base on the Moon becomes dramatically easier And once that infrastructure is ready, humans can stay for much longer periods and eventually even routine private lunar missions and tourism become possible Once the first permanent lunar outpost is established, its usefulness will compound rapidly.....supporting science, resource development, communications and deeper missions into space The Moon could become humanity’s first true outpost beyond Earth

RT @Jason: I’m picking commercial flights based on starlink, not total time, route or price This new low cost Japan carrier @ZIPAIRTokyo has 8 of 8 planes with starlink — going to drive to Houston to take them going forward Get moving on long haul flights @united!!! Thank you for your attention to this matter!

@Jason:I’m picking commercial flights based on starlink, not total time, route or price This new low cost Japan carrier @ZIPAIRTokyo has 8 of 8 planes with starlink — going to drive to Houston to take them going forward Get moving on long haul flights @united!!! Thank you for your attention to this matter!

You can make your own steampunk movies with Grok Imagine

@dvorahfr:The word "steampunk" was coined in April 1987 by American science fiction writer K. W. Jeter. He proposed it jokingly in a letter to *Locus* magazine to describe the alternate-history novels set in the 19th century that he was writing alongside his fellow authors Tim Powers and James Blaylock.

RT @ConvergeDefiant: RAIN BUYS MERCHANT WALLET STARTUP ANSA @raincards, the stablecoin card issuer valued at $1.95 billion in January, acquired Ansa @cheaperpayments, which builds branded prepaid wallets holding dollar balances for merchants. Founder Sophia Goldberg @sophgoldb joins as head of payments. Terms weren't disclosed. Read more here: https://t.co/Ml5abU4jRi

@ConvergeDefiant:RAIN BUYS MERCHANT WALLET STARTUP ANSA @raincards, the stablecoin card issuer valued at $1.95 billion in January, acquired Ansa @cheaperpayments, which builds branded prepaid wallets holding dollar balances for merchants. Founder Sophia Goldberg @sophgoldb joins as head of payments. Terms weren't disclosed. Read more here: https://t.co/Ml5abU4jRi

@AndreCronjeTech

DeFi proved finance can run on public rails. The next chapter is onchain finance: transparent settlement, explicit trust assumptions, measurable risk and accountable operators. Institutions will not be persuaded by labels. They will be persuaded by outcomes.

@CryptoSlate:Opinion by @AndreCronjeTech: DeFi’s founding ideal was decentralization. But modern protocols also require teams, infrastructure, risk controls and transparent trust assumptions. The discipline is still finance; the infrastructure is now onchain. https://t.co/7J5wvG050i

@VitalikButerin

Impressive work! For comparison, an H100 can do roughly 100-200 tok/s of Muse 30B for raw inference single-thread, going up to low thousands of tok/s with a large number of threads - and I am sure that for the massively-multi-threaded case they can optimize the prover further. So we roughly, sort of, have single-digit (<10x) overhead for LLM proving! Next step is getting single-digit overheads for FHE, and then ultimately vFHE (aka STARK * FHE). A crazy ambitious milestone given present FHE overheads, but because of how highly structured and almost-linear LLM inference is, it's closer to the realm of possibility than you might think. Single-digit-overhead all the things. https://t.co/NXOTrPTjp6