Top crypto tweets of the day – August 30th

📈 The exchange supply of #Bitcoin was boosted significantly just prior to #Grayscale's win over the #SEC. It looks quite clear that the powers that be knew of the inevitable boost in #crypto market capitalization as a result of this outcome. https://t.co/ARsnt7vsRM https://t.co/jFFPwk1CHD

— Santiment (@santimentfeed) August 29, 2023

Interesting!

DCG claims to have reached an in principle agreement on their debt.

Could be a big win for Barry; and I assume this includes the Gemini debts.

Will be interesting to see details and hear how the Winkilvii interpret the deal on their end. https://t.co/7ibJQkwWIY

— Adam Cochran (adamscochran.eth) (@adamscochran) August 29, 2023

₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: “ETF approval could open the floodgates and allow the everyday investor get #bitcoin in their brokerage accounts”

pic.twitter.com/qQoDUYgK0o

— Documenting ₿itcoin 📄 (@DocumentingBTC) August 29, 2023

In the future when #bitcoin represents the value of everything, these two lines converge. Since the mined supply of #bitcoin (orange) can never go above 21 million, it’s the total global wealth (white) that must come down. pic.twitter.com/Gf3U4hkFM0

— Wicked (@w_s_bitcoin) August 30, 2023

Bitcoin Fear and Greed Index is 49 — Neutral
Current price: $27,440 pic.twitter.com/pyfYOEuXSq

— Bitcoin Fear and Greed Index (@BitcoinFear) August 30, 2023

Since January 2022, art NFTs have been the best-performing ETH NFT sector

They've done better than every other type of NFT, including Blue Chips and Metaverse NFTs, remember them?

But they're down against the dollar…

Let's take a look at how down each NFT sector is… pic.twitter.com/ZcZUI2EXDw

— Nansen 🧭 (@nansen_ai) August 29, 2023

BLOOMBERG: #Bitcoin ETF conversion of GBTC could draw "massive adoption" from financial advisors and retail investors.

yes 🤝 pic.twitter.com/ZYUdZEd7tK

— Bitcoin Archive (@BTC_Archive) August 29, 2023

Pump and dump. https://t.co/WNTxiw5x4i

— Duo Nine ⚡ YCC (@DU09BTC) August 30, 2023

The GBTC discount has been closing in for the entirety of 2023.

GBTC currently trades at an 18% discount to NAV (net asset value), up from a 48% discount to NAV late last year. pic.twitter.com/qjhGtyZgPW

— Will (@WClementeIII) August 30, 2023

GBTC NAV discount to #Bitcoin has been closing steadily since December, 2022. 👀 pic.twitter.com/Gvfu5tzHuW

— Bitcoin Archive (@BTC_Archive) August 29, 2023

Traditional Finance players going balls deep in the Bitcoin and crypto game. Bitcoin ETFs coming. Paypal & X will both on board 400 million people. Mercado Libre is about to onboard 200 million.

And yet most people are still ignoring crypto. Most will only buy high and sell low.

— Lark Davis (@TheCryptoLark) August 30, 2023

92,609,489 @worldcoin tokens, representing 14.75% of the current unlocked WLD supply, will be unlocked during the month of September.

~Messari Intel pic.twitter.com/4CnXV8c1Sd

— Messari (@MessariCrypto) August 30, 2023

OpenAI's revenue growth is insane 🤯

(h/t @BayAreaTimes) pic.twitter.com/VR8FmyhNR2

— Pomp 🌪 (@APompliano) August 30, 2023

🐳 Whales & sharks may have known a thing or two about the outcome of the #Grayscale and #SEC lawsuit, with 10-10K $BTC wallets accumulating a collective $388.3M in $BTC the day leading up to the news. They were handsomely rewarded with a +6% price jump. https://t.co/j28CwVYKS6 pic.twitter.com/cx5rRuS6IV

— Santiment (@santimentfeed) August 30, 2023

🤔📈Despite rumors of insolvency and executive detentions sparking significant outflows at the beginning of August, Huobi's trade volume has shown a significant increase over the past few months. 📈💼 pic.twitter.com/LGssPPROA4

— Kaiko (@KaikoData) August 30, 2023

If Riot fully utilized its 700 MW in Rockdale and its upcoming 1 GW in Corsicana for self-mining at 22 J/TH, the company would achieve a self-mining hashrate at 69.5 EH/s.

Riot's infrastructure-first approach yields a massive room for hashrate growth. pic.twitter.com/KMVJFyFyCy

— Jaran Mellerud 🟧⛏️ (@JMellerud) August 30, 2023

“#Bitcoin will stand the test of time,” explains Senator Cynthia Lummis to a crowd of her fellow legislators in Washington DC. pic.twitter.com/ii1cTUN8FV

— Documenting ₿itcoin 📄 (@DocumentingBTC) August 28, 2023