if you’re doing any form of otc, please becareful

this is an example of a lighter points otc scam

https://x.com/CryptoRefCodes/status/1943164355996193194

demand for lighter points seem to be increasing

best way probs just to farm safely (it’s harder now tho)

https://app.lighter.xyz/trade/ETH?referral=75381LEWT2L3

to note

only possible scenario here for a proper liq drain is if pump giga pumps off tge with crcl pa

that would be the real offguard given current sentiments around it

i assign a lower chance to it tho

My take on PF: Simply forget about it. It’s been overanalyzed until death and $4 acts as a pretty heavy pin on price wherever it starts trading at.

There are so many better opportunities that deserve the market’s attention rn with far more convex potential. Don’t waste brain space on smth everyone else is thinking about.

• Trump touts stocks & crypto all time highs in a Truth Social post, says Fed should rapidly lower rate to reflect this strength - [TF]

picked up sbet around 18 yesterday and will add if given lower

will probably hold this as a mid term trade as i think it'll perform better as a eth proxy/beta

main exposure is still eth itself

The Ethereum Foundation has released "The Future of Ecosystem Development at the EF" outlining four key focus areas: Ecosystem Acceleration, Ecosystem Amplification, Ecosystem Support, and Long-Term Ecosystem Unblocking. EF also announced a new organizational structure, expanding its core teams around four pillars — Enterprise relations, Developer growth, App relations & research, and Founder success. — link

anecdotally, hearing a lot of stories of retail office chatter, wanting to buy crcl/mstr/etc. without knowing what they actually do or what usdc is for example

being able to degen on crypto without friction through proxies will probably be a pull

and esp after missing out on mstr, i won't be surprised if retail start bidding ethcos to try chase and repeat what we've seen with mstr and friends

despite not being the same quality of trade, i doubt it matters to most people

just needs the right conditions to spark

The Hedonist’s Stone

What do @cluely, @OnlyFans, @pumpdotfun, @WhopIO, Zyn, and @drink_AG1 all have in common?

https://x.com/sanlsrni/status/1943004564745261271?s=46&t=nluSw7cwYGx8zFxfoYi5Iw

GFM LADS

On July 10 (ET), Bitcoin spot ETFs recorded a total net inflow of $1.179 billion, marking the second-highest in history. Ethereum spot ETFs saw a total net inflow of $383 million, also the second-highest on record. — link

ETH HITS $3K, FIRST TIME SINCE FEBRUARY

Jane Street and Alt Season

https://fxtwitter.com/degentradingLSD/status/1943365261937242289

South Korea's largest crypto exchange, Upbit, will list ENA trading pairs with KRW, BTC, and USDT, with trading starting at 5:00 PM local time on July 11. Ethena is a Delta-neutral stablecoin protocol based on ETH. — link