Crypto Twitter Hall of Flame

Nansen founder Alex Svanevik tips a $100K Bitcoin price if Trump is elected, and admits he ignored Bitcoin initially in favor of Ethereum.

Alex Svanevik, founder of onchain analytics firm Nansen, predicts that Democratic candidate Kamala Harris billionaire minimum tax could tank markets via asset selloffs but tips a $100,000 Bitcoin price if Republican candidate Donald Trump wins.

Speaking to Hall of Flame about his journey into crypto and rise to prominence on social media, Svanevik says he was skeptical of Bitcoin when he first encountered it. If it werent for a random lunch break at work one day, he might never have changed his mind and Nansen mightve never existed.

I first looked at Bitcoin in 2013, and I dismissed it. I thought it was only for money laundering criminals, like everyone else, Singapore-based Svanevik says.

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Ethereum and DeFi will “both surge in the coming months” according to analyst Michaël van de Poppe: X Hall of Flame

The recent crypto market plunge, followed by some tokens quick bounce, helped MN Trading founder Michal van de Poppe spot a clear new trend forming.

If the markets didnt have a narrative, then it has presented a new narrative, which is DeFi, I think in terms of investment perspective, van de Poppe tells Hall of Flame.

A net positive strategy to allocate toward ETH and DeFi I think both will surge in the coming months, he claims.

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Roman says that Bitcoin will peak around $120K by December before Ethereum gets its time to shine: X Hall of Flame.

Just hold off on assuming that Ethers price will surge now that spot Ether ETFs have launched. Bitcoin is kind of holding up the price queue, according to pseudonymous crypto trader Roman.

In the short term. I don’t see Ethereum doing that well, at least for the next couple months,” he predicts in an interview with Hall of Flame.

The popular crypto trader with 56,000 X followers thinks that, similar to the rest of the cryptocurrency market, Ether needs to hang tight and wait for traders to get bored with Bitcoins price before they start moving their money into other cryptocurrencies.

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Electric Capital co-founder Avichal Garg believes that spot Bitcoin ETFs have helped ease the blow from the collapse of crypto exchange FTX.

According to Avichal Garg, co-founder of venture capital firm Electric Capital, cryptocurrency exchange Coinbase will probably not need to mention the word crypto in the future.

Garg predicts that probably in the next five years, Coinbase will not really mention crypto as part of their advertising, as people will just know that you can buy stuff on Coinbase, similar to how people view trading platform Robinhood. He thinks it will just be known as another financial instrument that investors can buy and gain yield from.

The reason I think that is theres this adage where people overestimate whats possible in two years, and they underestimate whats possible in 10, Garg tells Magazine.

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Thomas Fahrer says multiple “low-probability” events could push Bitcoin into a “strong bull market.”

A number of factors in Bitcoin could increase its price over eight times its current value, even if most of them dont materialize, according to the CEO of crypto-focused reviews portal Apollo, Thomas Fahrer.

Each one of these individual things is kind of a low probability, but theres a lot of low probability potential outcomes that can cause a really strong bull market for Bitcoin, Fahrer tells Hall of Flame. 

He predicts that, even if just a couple of these events occur, Bitcoin could reach the half-a-million-dollar mark within the next four-year cycle.

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Dynamo DeFi isn’t expecting Ethereum to double anytime soon due to the ETFs but says the recent pullback could be a “gift.” X Hall of Flame.

The impact of spot Ethereum ETFs on Ethers price once trading starts might challenge the old saying “first the worst, second the best, suggests crypto analyst and educator Patrick Scott, also known as Dynamo DeFi.

The popular crypto personality predicts that Ether wont follow in Bitcoins footsteps, after BTC almost doubled its price soon after the spot Bitcoin ETF launched in January.

I’m not expecting the same sort of multiples immediately in a two-month period that we had with Bitcoin, Scott tells Hall of Flame from his car in a parking lot, shortly before saying, Hold on because a police car has pulled up behind him.

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Crypto analyst Charles Edwards believes we’ve entered “the 12-month window” to make altcoin profits: X Hall of Flame.

Crypto on-chain analyst Charles Edwards, the co-founder of the digital assets hedge fund Capriole Investments, believes now is the perfect time to get some allocation into altcoins.

But he says you probably shouldnt hold onto them for too long.

If this is a normal four-year cycle, which so far has been playing out like a textbook like the previous cycles, we can expect that Bitcoin will probably top either later this year or next year, the Australian-based crypto analyst tells Hall of Flame.

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Brett Harrision (ex-FTX US) dishes the dirt on the “insecure, prideful” SBF and tips a spot Bitcoin ETF will shatter the futures ETF’s records

The former president of FTX US dishes the dirt on his falling out with former Jane Street colleague Sam Bankman-Fried and predicts the spot Bitcoin ETF will far outshine the record-breaking success of the Bitcoin Futures ETF.

Who is this guy anyway?

The ex-president of FTX US, Brett Harrison, tells Magazine that he didnt say a single word to Sam Bankman-Fried during the two-month notice period after he resigned, which was only months before the whole exchange blew up. Even getting a message to SBF to say he was resigning in the first place was hard work.

I had to talk to other people in the company to formally resign. I wrote one text to Sam and I got back a single heart emoji. That was the last I heard from him, Harrison declares.

Harrison and Bankman-Fried had been colleagues years earlier at quantitative trading firm Jane Street, where Harrison saw his potential while teaching SBF in a course on programming for traders. But things went south real quick between them at FTX.

Harrison claims it was due to Bankman-Frieds inflated ego and his reluctance to accept any feedback or advice.

Sam hated criticism and, as a result, refused to communicate with me. It drove my decision to quit even further, he says.

Yet, Harrison says he had no clue of the storm about to engulf the company with FTX declaring bankruptcy only a few months after he bailed from the U.S. arm of exchange.

The rest of us, especially in the U.S., were blindsighted. We were working with regulators, top lawyers, and to have the whole organization fail because of one persons greed, will stay with us for the rest of our life.

However, he feels justice was done in the recent fraud trial against his former boss.

I do feel the result was absolutely just, and I’m glad that justice was served quickly; I think it was essential that Sam was held accountable for his actions, he declares.

Meanwhile, Harrison wasted no time diving into a new project.

He co-founded Architect.xyz, a DeFi platform that focuses on bridging all the different opportunities in the digital asset space for both institutional and retail investors.

Harrison is a bit of a brainiac and has a computer science degree focused on artificial intelligence (AI) from Harvard University. So, who better to ask about the potential for AI to take over the world?

I do not think AI is a threat to humanity, he declares, pointing out that AI has been in development for much longer than people think:

Lots of people are now seeing AI for the first time, they don’t appreciate the decades of progress that has gone into it.

Harrison is more concerned about humans using AI to pull off scams and swipe identities more effortlessly.

It truly is just linear algebra,” he says. “The idea that linear algebra is some existential threat to our survival just feels somewhat fanciful to people who have been practitioners in the field for a long time.

What led to Twitter Fame?

Harrison is a smart guy who drops interesting stuff on social media that people seem to dig.

But let’s not dance around the fact that the FTX connection is what blew up his follower numbers, with his count hitting its highest weekly peak when FTX took a nosedive in November 2022, when he gained 2,140 followers, according to data from Social Blade.

Back in January, his long rant about his departure from X got nearly 3 million eyeballs. He said he wasn’t canned from the FTX gig; it just wasnt his dream job, and SBF was an insecure, prideful manager.

Content people can expect

If you scroll through Harrisons timeline over the years, you’ll notice his glam lifestyle has toned down considerably since the FTX days. 

Back then, he was often seen hanging out with celebs and former prime ministers.

Nowadays, its way more low-key. Besides throwing in some market talk, Harrison’s been sharing snippets about his family life lately. 

He’s even flexing about saving toys from the FTX US office that somehow dodged the whole bankruptcy drama.

What type of content does he like?

Harrison loves the blend of genius and goofiness on Crypto X getting a daily fix of humor and high intellect.

One of the things I love about Crypto Twitter  is the perfect mix of highly intellectual cerebral, either Market structure or political commentary, and degenerate memes.

However, when we asked about the accounts he’s into, hes not that forthcoming. 

After doing some light digging, it turns out hes following 2,100 accounts, and guess who’s in the mix? None other than Bankman-Fried’s pal Tiffany Fong.

Bitcoin predictions?

Harrison used to avoid making predictions, saying hed never have predicted the events that happened to him. But that was when things were going too smoothly, and that’s all changed. 

Harrison declares there is a very high probability that a spot Bitcoin ETF will get approved in the first quarter of 2024.

As for price predictions? Harrison isn’t tossing out any six-figure numbers right away.

In Q1 assuming there is an ETF that’s approved. I think something in the $50,000 to $55,000 range feels pretty probable, he states.

He doesnt see Bitcoin hitting six figures until toward the end of 2024 or early 2025 at the earliest.

He points to the first day of Bitcoin Futures ETF as just a little hint of how optimistic he is about the spot Bitcoin ETF:

If you remember the day when a Bitcoin Futures ETF was listed the inflows were some of the highest ever seen in the history of ETFs. I think we’re going to see even more records broken for a spot Bitcoin ETF.

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