Forwarded from infinityhedge
infinityhedge
incentivized volume vs organic volume 🤔 [@infinityhedge]
Synthetix incentivising volume -> -$12.3m in earnings
GMX organic volume -> $14.3m in earnings
quite the difference
GMX organic volume -> $14.3m in earnings
quite the difference
Forwarded from Watcher Guru
liquid staking and perp DEX
https://twitter.com/arthur_0x/status/1662348519200653312?s=21&t=CjKNR1AAgLHOEpq4ynnt_w
https://twitter.com/arthur_0x/status/1662348519200653312?s=21&t=CjKNR1AAgLHOEpq4ynnt_w
Twitter
There are two sectors in crypto that are still growing rapidly despite the slow market conditions.
Those who pay close attention and are willing to take risks now will be well rewarded in the future.
Those who pay close attention and are willing to take risks now will be well rewarded in the future.
initial pump came from debt ceiling deal but i doubt the 28k candle was an extension of that news
from what i know, the sell wall above 27k was pulled last minute
also we've seen an exhaustion of short sellers over time leading to lesser sells as well
if its a move to wipe perma shorts first before a proper move down, then we're looking at touching 30ks because this 28k range is kinda weird to be in
from what i know, the sell wall above 27k was pulled last minute
also we've seen an exhaustion of short sellers over time leading to lesser sells as well
if its a move to wipe perma shorts first before a proper move down, then we're looking at touching 30ks because this 28k range is kinda weird to be in
Crypto Mumbles
markets peak and reverse 2.5 days after ignition https://twitter.com/deaftrader1/status/1657665014826672129?s=20
multichain arrests happened on 24 may
2.5 days later after the news settles price reverses
(still no updates from the team)
2.5 days later after the news settles price reverses
(still no updates from the team)
wrote up about Lybra Finance !
LSD stablecoin project that provides an interest bearing stablecoin, eUSD
https://medium.com/@dpycm/lybra-finance-4c896f6a4c5b
LSD stablecoin project that provides an interest bearing stablecoin, eUSD
https://medium.com/@dpycm/lybra-finance-4c896f6a4c5b
Medium
Lybra Finance
The first interest-bearing stablecoin project
👍2
Forwarded from Wu Blockchain News
Kaiko: 72% of ETH market depth exists on just 5 exchanges: Binance, Bitfinex, OKX, Coinbase and Kraken. All other exchanges (41) account for just 28% of market depth. Global exchanges are benefiting from the US regulatory crackdown. — link
The correlation between BTC and Chinese equities (CSI 300) has strengthened this year, although it remains relatively low at 20%. The regulatory and economic reopening in China is increasingly influencing crypto market sentiment. Interestingly, the correlation between BTC and US equity markets has decreased, reaching a multi-year low in April.
The correlation between BTC and Chinese equities (CSI 300) has strengthened this year, although it remains relatively low at 20%. The regulatory and economic reopening in China is increasingly influencing crypto market sentiment. Interestingly, the correlation between BTC and US equity markets has decreased, reaching a multi-year low in April.