hmmm my man Ronaldo is jumping everywhere from Shopee to Binance

part of me feels like he's accepted the Binance deal but doesn't really care for NFTs (?)

then again he has a pretty huge fan base

we'll see how this pans out

https://decrypt.co/103703/soccer-superstar-cristiano-ronaldo-is-making-nfts-for-binance

Messari's Fund Analysis across 82 Crypto Portfolios

https://twitter.com/kaushikvg/status/1540353265338093578?s=20&t=q_FsXBgp2vM-2qNnggMknw

thanks Justin for sharing this!

here's the full report from Messari for the prev post

Hodlnaut users be careful

definitely give it a read and consider your risks if you are currently staking in Hodlnaut

https://twitter.com/FatManTerra/status/1541101947943620609?s=20&t=fXHmLL597CIaNQ88GQsn4Q

some CEXes are secretly insolvent

https://twitter.com/forbescrypto/status/1541893168152690690?s=21&t=5aMf9FPXzVkeruzvyoYWDg

What Is Bullwhip Effect?
The bullwhip effect is a phenomenon where demand changes at the end of a supply chain lead to inventory fluctuations along the chain. Generally, slight variations in demand at the customer or retailer level reverberate up the chain causing greater discrepancies.

This in turn causes too many or not enough supplies as needed to be purchased at each level of the chain. These products often end up as dead stock, on backorder, or need to have their prices greatly cut to avoid total loss.

source

Retailers are now holding too much inventory which is costing them too much to store. They will be looking to clear inventory likely through dropping prices/providing discounts or allowing customers to keep returns.

The theory is that the dropping of prices will generate a deflationary effect which slows down inflation, leading to Fed "pausing" rate hikes.

For a more in-depth explanation, read the articles above!

interesting how despite consensus failures, SOL users (or maybe just SOL NFT traders) are still v bullish on the SOL NFT market

some predict that SOL will become the main NFT market in the near future, overtaking ETH due to low gas fees and UI etc.

no doubt SOL's marketing and positioning so far is genius (esp w SMS and Saga announcements)

not forgetting SOL's resilience in the recent market nukes

maybe I'm missing something here

wild ENS mania rn after 000.eth was bought for 300e

people are trading it similar to NFTs, sweeping floors of 3-digit, 4-digit, and other categories of ENS

no fees
finite (low-supply esp 3/4 digits)
the most upfront utility rn imo

bonus: bera market low gas

similar to domains, ENS has clear-cut utility and will be here to stay

.eth name daily registrations soars past May high

source

hello everyone!

apologies for the sudden hiatus and thanks for sticking around :-)

i decided to take about a month off crypto to focus on personal growth and other important things in life

i'm trying to catch up on things again as a month in crypto feels like a year 🤡

do send me any interesting happenings or articles that you have over the past month because it'll really help too

will resume usual CM posting again slowly

always nice to see fellow friends sticking around the space despite the bera market :-)

hope y'all have been doing well as well

cheers!

Aptos Network - formerly from Meta

team behind it is pretty stacked in experience

worth keeping an eye on

https://twitter.com/TheTIEIO/status/1554573487582453763

Aptos v Sui

https://boxmining.com/aptos-vs-sui/