When I pitched Netflix’s co-founder on our Web3 media startup, I didn’t expect a yes!
Feels good to have him on-board to try to revolutionize media once again. And now, you can co-own
@coinage_media
with us!
NFT drop Feb. 9 📅
Real. Community-owned. Media.
Just how bad is the crypto collapse?
My landlord friend in Dallas just asked me if I know anything about bitcoin miners:
“This bitcoin mining company defaulted, moved out, and left all their equipment behind.”
200 Antminers 🏃🏽♂️💨
In a fitting tribute, DJ David Guetta gives a shoutout to George Floyd’s family, remixes MLK Jr.’s I have a dream speech, and proceeds to drop the beat
.
@AndrewYang
just reported another monster fundraising quarter - topping $16.5 million for the first time. Looks like the
#YangGang
is building momentum 👀
Q1 2019: $1.7 million
Q2 2019: $2.8 million
Q3 2019: $10 million
Q4 2019: $16.5 million
EXCLUSIVE: I sat down with Terra Founder
@stablekwon
for his first interview since the project’s $45 billion collapse
Our 2-day conversation premieres only on the community-owned NFTV series
@coinage_media
. Episode 0 coming Monday
Trump's fundraising jump in 2015:
Q3 to Q4: 245%
@AndrewYang
's fundraising jump in 2018:
Q2 to Q3: 257%
And now the
#YangGang
just notched a record fundraising haul to hit $2 million in one week:
If you invested $1000 into the following on January 1, 2021, you'd have this much as of April 16:
- Tesla: $1,012
- GameStop: $9,060
- Bitcoin $2,150
-
#Dogecoin
: $55,550!!!
Andrew Yang boasts the largest surge in polling among college students since July in the latest College Reaction/Axios poll
More than Warren, more than Trump, more than anyone
#YangGang
Robinhood blocked trading on GameStop and AMC so people are now turning to trade on Webull, a Chinese-owned trading platform
The "free market" is so "free" we are turning to China
I don't think I've ever seen this before. The New York Times just submitted a letter to the court in Sam Bankman-Fried's case about why he was fine to share Caroline Ellison's diary entries with them and why the Judge shouldn't revoke bail and detain him now:
"While the current…
Indiana just opted to fully reopen in a Stage 5 return to normalcy
Stage 5 dictates:
• Restaurants, bars, and nightclubs may operate
at FULL capacity
• Conventions, sports events, fairs, festivals and like events may resume
My mother called her Dallas Costco the other day to thank them for making customers wear masks
The customer service person nearly cried saying she’s been getting attacked all day though the phone and appreciated the break from dealing with
#boycottcostco
The illustrious
@ErikVoorhees
delivers on why crypto matters. On why the separation of state and money matters. On why people care about Web3 way beyond “number go up”
Crypto project
@terra_money
( $LUNA ) has surged 50% in the last week to hit a new all-time high even with bitcoin down 5%
Its algorithmically-backed stablecoin $UST has become the largest of its kind and keeps picking up Web3 adoption as THE DeFi dollar
Why that is huge ⬇️ 1/X
@AdamSchefter
Kordell Stewart
Rex Grossman
Craig Krenzel
Chad Hutchinson
Jonathan Quinn
Kyle Orton
Brian Griese
Jay Cutler
Todd Collins
Caleb Hanie
Josh McCown
Jason Campbell
Jimmy Clausen
Matt Barkley
Brian Hoyer
Mike Glennon
Mitchell Trubisky
Chase Daniel
Nick Foles
Andy Dalton
Lord, why?
One of the most fascinating/least understood aspects of crypto is assigning value to a project's "community"
"Community" can mean a lot of things: Devs, validators, users, founding team, etc.
@terra_money
launching its new chain will be the largest market test on community ever
The CEO of the largest crypto exchange in the world didn’t know UST/LUNA too well?
It was the 3rd largest stablecoin and a top 10 project up 13,000% and had literally just passed the market cap of Binance’s own stablecoin BUSD, and
@cz_binance
“didn’t know it too well”?
C’mon.
Sen.
@CoryBooker
has made his
@SBF_FTX
afro envy official:
"Mr. Bankman Fried I’m going to interrupt you because I’ve only got 30 seconds left and I’m offended you have a much more glorious afro than I once had.”
The reason why I focused so much on Terra was because it set out on a mission that had taken down every player before it
Still, it attracted an incredibly talented dev community who built some incredible products unrelated to what failed
For them, I hope
#TerraIsMoreThanUST
NEW: Actor, comedian and "Latin History for Morons" playwright
@JohnLeguizamo
endorses
@AndrewYang
for president, joining the list of other celebs to endorse Yang, including:
Dave Chapelle
Ken Jeong
Steven Yeun
& Donald Glover
#YangGang
Senegal knocked out of the
#WorldCup
on a fair play tiebreaker is brutal:
- Tied Japan in points
- Tied Japan in goal differential
- Tied Japan in goals scored
- Tied in their 2-2 draw
- Knocked out because they had 2 more yellow cards than a team that played keep away. SAD!
For my college graduation present in 2014 my brother gave me half a
#bitcoin
. He told me the one catch was that I had to hold it for at least a year and in the shuffle of becoming an adult I totally forgot about it
7 years later, that $338 present is now worth... $22,868
As the youngest anchor at Yahoo, I know I haven’t been in the anchor chair as long, but I have learned it’s generally considered a bold move to call a guest a “little bitch” on live TV 👀
.
@terra_money
set out to challenge the entire status quo of the traditional banking system
A decentralized stablecoin has never existed on UST's scale. High reward comes with high risk. It would be naive to think there aren't a lot of very powerful people who want to see it fail
I am in shock.
CNN just spent the majority of their
#DemDebate
halftime coverage chatting Andrew Yang
He’s also pacing for his greatest talk time for any debate this year
As a member of the media that has called out the
#YangGang
exclusion thus far, I think my job here’s done
Terra founder Do Kwon proposing reseting LUNA back to 1B tokens, distributed to:
- 40% to Luna holders before the depegging event
- 40% to UST holders pro-rata at the time of the new network upgrade
- 10% to Luna holders at the final moment of the chain halt
- 10% Community Pool
This seems to be blowing up again because clearly everyone is trying to figure out how racism ended
It was here. In 2020. With David Guetta.
Follow me
@zGuz
for more paradigm-ending cultural bangers, and shoutout to his family
Keith Gill! That's his name! AKA DeepF*ckingValue AKA Roaring Kitty he sparked the whole Reddit GameStop thing and finally spoke to WSJ:
I am still surprised at just how likable he is
A year ago, Universal Basic Income was mostly a fringe idea only referenced on the national stage by
@AndrewYang
But after $1200 relief checks were sent to Americans through the CARES Act, the idea is gaining steam with pilot programs across the US
READ:
Dave Chapelle's endorsement for
@AndrewYang
joins other celeb endorsements coming from actors Ken Jeong, Steven Yeun and Donald Glover
(Note that unlike tonight's all-white debate, that group is totally comprised of minorities)
If you're bullish on ethereum because of the planned network upgrades to burn ETH in transactions, you should really be paying attention to $LUNA and what
@terra_money
is doing
It's the same idea on an entirely different scale 🔥🔥 1/X
Just to recap the last 50 days for
#LUNAtics
:
4/5: LUNA hits all-time high of $119 (2200% 1-yr gain)
4/6: Terra's shift to use BTC as UST reserve = main talk at BTC Miami
5/5: LFG reserves hit $3.5 billion
5/9: UST loses $1 peg
5/13: LUNA hits $0
🪦 ...👼
5/27: LUNA 2.0 genesis
NEW: The CEO of Webull tell us the decision to join Robinhood in restricting AMC and GameStop trades came from soaring costs to settle its users trades:
"It wasn't our choice ... this has to do with settlement mechanics in the market."
I don't think I've ever seen this before. The New York Times just submitted a letter to the court in Sam Bankman-Fried's case about why he was fine to share Caroline Ellison's diary entries with them and why the Judge shouldn't revoke bail and detain him now:
"While the current…
A lot is being made about
@AndrewYang
's joke about knowing a bunch of doctors because he is Asian - but what about the fact that the moderators tried to cut him off just 34 seconds into the 1 minute he was supposed to be given just like every other candidate?
#YangGang
#DemDebate
YouTuber
@BingingWBabish
sat down with us to explain how he went from $40,000 in debt to one of
@YouTube
’s most successful creators by cooking foods from famous movies and shows:
“I was taking a bet on myself and happily it paid off.”
#MondayMotivation
Ethereum scaling solution
#Polygon
raising $450M in a Series A led by Sequoia is as impressive in SCOPE as it is in SIZE
40 investors: Tiger, SoftBank, Galaxy, Alexis Ohanian, Kevin O’Leary
$MATIC up ~100% since my August interview w/
@sandeepnailwal
⬇️
Chainlink has increased more than 10,000% in the last two years as it gains steam working on hybrid digital smart contracts and interoperability
Chatting with
@chainlink
co-founder
@SergeyNazarov
today on
@YahooFinance
at 12ET about the progress in
#DeFi
$LINK
Interesting that Andrew Yang is so far the only major Democratic candidate to congratulate Tulsi Gabbard on making the October debate, despite also being the candidate who probably would’ve benefited most from more speaking time
Another classy move being noticed by the
#YangGang
Robinhood's revenue from selling customer trades to market makers (aka payment for order flow) by year
2017: $21 million
2018: $69 million
2019: $69 million
2020: $687 million
To
@AOC
's point "free trades" were never really "free"
[H/t
@bcheungz
]
READ:
The
#YangGang
has gotten Andrew Yang's fight with MSNBC to
#TellTheTruthMSNBC
trending- but as I've said, the
#MATH
backs his claim:
Yang's speaking time trailed the avg. by the biggest margin in debates moderated by MSNBC (1 & 5)
1: -4.97 mins
2: -3.51
3: -4.7
4: -2.8
5: -5.9
The founder of Avalanche applauding the
@terra_money
team and endorsing UST despite the run:
“I'm even more bearish on all copycats, and bullish on UST once the dust settles down.” 👏🏼 👏🏼
The 2 crypto projects I remain most interested in are solving issues now on full display as the SEC threatens to sue Coinbase over stablecoin lending:
1)
@terra_money
enables a non-cash backed stablecoin (up 13X in mkt cap this year)
2)
@THORChain
= true DeFi w/ no intermediary
As stocks, Bitcoin and other altcoins tank,
@terra_money
has surged to hit a new all-time high for 5 consecutive days
As a crypto investor, the uncoupling of correlation is incredibly exciting to see. Be bullish on projects solving real problems with the adoption to back it up
Crypto project
@terra_money
( $LUNA ) has surged 50% in the last week to hit a new all-time high even with bitcoin down 5%
Its algorithmically-backed stablecoin $UST has become the largest of its kind and keeps picking up Web3 adoption as THE DeFi dollar
Why that is huge ⬇️ 1/X
Alright I think the time has come to have
@THORChain
on my Yahoo Finance show. Most trafficked financial news site on the web seems like a good spot to
#RaiseTheCaps
RT to make it happen ⚡️
Politics aside, it’s tough to find a guy with more positive energy than
@AndrewYang
‘Twas an honor and a privilege to have him on today to look back on his campaign and how the
#YangGang
moved the country forward
Highlight: “The energy around universal based income is growing, growing, growing,” 2020 US Presidential Candidate and Founder of Humanity Forward
@AndrewYang
says. “Now one of of my primary concerns … we just have to get Congress to listen to people and the economists.”
For three months after the collapse of his crypto empire,
@stablekwon
turned down interview opportunities
The New York Times. The Wall Street Journal. Even Netflix docs tried
In the end, it was our tiny team
@coinage_media
that got the real story first:
Crypto investor
@megan_kaspar
absolutely nailed her January call for ether to hit $3,400. Now, she's upping her 2021 price target to $8,000 - $10,000 before eventually hitting $100,000 in the years to come 👀
@AndrewYang
It may not be a popular decision among the mainstream outlets to provide
@AndrewYang
with proper coverage, but to rectify this wrong I hereby pledge to shoutout the
#YangGang
each time we now talk 2020 on our show 🇺🇸
RUNE down 14% after
@THORChain
suffered a ~4,000 ETH attack ($7.8 million.) The network’s reserve ($109 million) is making users whole.
Obviously better if it never happens, but in the long run network is now more secure and the transparency remains unparalleled.
Archie isn't exactly a popular name here in the US. But it is more popular in the UK.
That said, one baby name tracker has it listed as a more popular name for a dog...
Indiana's positivity rate at last clip was 3.9%.
Keep in mind that New York has held under 1% for more than a month and has STILL not yet allowed indoor dining in NYC to resume (resumes September 30)
Even Florida, with a similar 5% positivity rate, kept bars at 50% occupancy
If USDC is eating Tether's lunch in the stablecoin wars,
@terra_money
's $UST is eating their dinner
Year-to-date % growth in market cap:
#Tether
: 221%
$USDC: 538%
$UST: 1,259%
NEW: Do Kwon / Terra vs. SEC off to a hot start in Manhattan court today
We already got a jury selected along with opening statements from both the SEC and defense teams (plus’s some pretty hilarious material from Judge Rakoff)
Here’s everything from Day 1 🧵
Another
#DemDebate
where
@AndrewYang
is given the least amount of time to speak
He's now spoken the least in 4/5 debates, despite stronger polling:
His 6.9 minutes was not only the least for any candidate, it's also significantly below what his polling would warrant
#YangGang
@elonmusk
@TomFitton
Respectfully
@elonmusk
the SEC, CFTC, and DOJ have already opened investigations into FTX
Insinuating that that is not the case just because he donated to Democratic candidates doesn’t really sound like a stance a self-described Independent would take
Economists: The stock market is a dynamic wonder of capitalism that matches buyers & sellers whereupon equilibrium in price reflects perfect information and efficiently directs investment capital to discounted future cash flows
What the market really is:
CONFIRMED: Carole Baskin tells me her Zomedica mention that may have triggered a 230% rally in the penny stock came from a $299 Cameo request
"It was a Cameo they paid for. I don't hold any stock in the company and don't make stock recommendations."
Hey all you cool cats and kittens,
Carole Baskin mentioned penny stock Zomedica $ZOM in a video last week.
Since, it’s up 230% and yesterday more than 1 billion shares traded
In the Do Kwon/Terra vs. SEC fraud trial, the defense team included deposition from Evgeny Gaevoy, the co-founder of crypto trading firm Wintermute as proof of a "shorting attack"
Gaevoy admits to shorting the Terra ecosystem despite getting a 300K LUNA loan to be a market maker
And even medical experts in Florida weren't pleased with bars reopening at 50% capacity for the same reason reopening clubs in Indiana seems like a bad idea:
"Drunk people don't social distance."
Thanks again to
@stablekwon
for staying up late to join me on
@YahooFinance
to answer questions about
@terra_money
's growth + keeping regulators accountable:
"We're happy to be part of dialogue insofar as proper procedures and frameworks are adhered to"
The New York Times asked the NYC Mayoral candidates what they thought the median home price in Brooklyn was. Only
@AndrewYang
got it right:
Ray McGuire: $80-90,000
Shaun Donovan: $100K
Dianne Morales: $500K
Eric Adams: $550K
Kathryn Garcia: $800K
Andrew Yang: $900K
#YangGang
NEW: The SEC vs. Do Kwon / Terra Trial DAY 2:
We hit second gear today with tensions rising AND THE JUDGE YELLING AT BOTH TEAMS!
Here's the full recap from inside the NYC courtroom, and why Judge Rakoff got so mad he said he might have to do something he's never done before 🧵
Shoutout to Saint Paul Mayor
@melvincarter3
for not only carrying
@AndrewYang
’s UBI torch - but for also doing it while also juggling his 6-month-old during the interview 😂
Highlight: “We are using the CARES dollars for exactly what they were designed to do,” Saint Paul, MN Mayor
@melvincarter3
says about the city's guaranteed basic income program. “And that’s to help people get through this crisis.” Full interview:
Three things about Pfizer announcing their Covid-19 vaccine is 90% effective:
1- The flu vaccine peaks at 60% effective
2- the world needs 9 billion+ doses of the vaccine but Pfizer says it can make 1.35 billion end of 2021
3- Pfizer wasn't part of Trump's operation warp speed
Today
@marwilliamson
, who called our interview with her "fair and thorough," announced she's throwing her support behind
@AndrewYang
in the Iowa caucuses because she's aware of institutional obstructions he faces and wants to "see him continue in the race past Iowa."
#YangGang
As I lead with in the article, the better question to ask would be why are working class people being asked to subsidize a company paying its servers below minimum wage? Why does federal law allow restaurants to pay servers as little as $2.13 an hour? 3/7
The top 3 richest people in the world are now all divorced men (Bezos, Musk, Gates)
The 4th, Zuck, is now the sole torchbearer of the wealthiest marriages
Fundstrat’s crypto team out with another buy call on
@terra_money
, with $LUNA “increasingly looking like an attractive risk-reward”
- $49 today represents an exact Equal-Leg Extension of the 1st decline from early January
- reclaiming $62.57 could signal move to high $70’s
Do Kwon & Terra vs. The SEC Day 5 FULL RECAP
Day 5 wrapped up the first week of witness testimony and finally got into the SEC's second half of their fraud case:
Did Terra misinform everyone about Jump Crypto's role in restoring UST's $1 peg in 2021?
Here's what happened 🧵⬇️