Kaff

My Thesis for $SLX Ahead of the 2nd Unlock (July 9)
Right now, the funding rate on the $SLX perp pair is -0.13%/1h
If you short-hedge your spot $SLX to protect against the unlock, you’ll be paying ~3.3% per day in funding. Over the next ~9 days until July 9, that’s roughly 26% bleed on your hedge notional.
For example: If you short at $0.45 today, by unlock day the funding payments alone would push your effective breakeven down to around $0.34
If you don’t believe $SLX will dump that hard, shorting as a hedge doesn’t make sense, you’re just bleeding too much.
and here’s the bull case:
Instead

Yield-bearing stablecoins are one of the most important markets in crypto rn.
I researched the sector, and it's somewhere between $15B and $20B depending on how different platforms define it.
– $1.6B cumulative yield paid out.
– avg APY ~3.7%.
While the whole stablecoin market is around $315B, it's still small by share, but it already drove ~$4.3B of the ~$8B net stablecoin supply growth in Q1.
It's becoming the new onchain savings layer, treasury layer, collateral layer, and eventually maybe the financial pipe every chain and app wants to plug into.
After USDe supply flushed, the market got r

ICYMI: Bitcoin has been declared dead 475 times
And if you bought $100 each time, your portfolio will worth $63M today

I can probably name 10 crypto projects going after decentralized AI inference from completely different angles rn. This lane is attracting some of the best AI dev talent in crypto rn.
The fight is getting more complex with the race for hardware, trust models, latency profiles, and who can turn raw compute into usable inference without lighting money on fire.
I tried to map out some of the projects in the game so you can see it more clearly.
[1] @darkbloomai
@EigenLabs is trying to turn idle Apple Silicon Macs into a privacy-first inference network.
Millions of M-series Macs already exist, marg

Just got my BREAK account funded with @CFTradercom and started trading.
The whole process felt smooth. The rules actually let me trade my own style without unnecessary pressure, and I’m already seeing why ppl are talking about it.
CFT has been around for years, has real payout proof (over $20M total, verified on @PropFirmMatch), and the feedback from traders is consistently positive.
If you’re serious about getting funded capital without the usual headaches, this is one of the better options right now.
Use my personal discount code here:
cft-kaffchad (50% off first account)
cft2-kaffchad (for

Bitmine's target of controlling 5% of $ETH supply is almost done thanks to simple buy pressure.
BMNR traded at a premium, they issued stock, bought ETH, ETH went up, the treasury got bigger, and the equity market gave them more room to issue again.
That flywheel only works when the stock trades above NAV. But @fundstrat is in trouble:
– BMNR is at ~1.0x mNAV
– holding 5.3M ETH
– ~$10B unrealized loss
– cost basis around $3.8K while spot is around $1.7K
@BitMNR raised around $274M net through BMNP, paying a 9.5% dividend on $350M of stated value.
On paper, that's fine because the ETH stack actu