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.
pros and cons of using DAU/MAU
https://andrewchen.com/dau-mau-is-an-important-metric-but-heres-where-it-fails/
#reads
https://andrewchen.com/dau-mau-is-an-important-metric-but-heres-where-it-fails/
#reads
Forwarded from infinityhedge
Winklevoss Twins Attempt Pivot After Gemini Loses Money and Employees
- The exchange has lost market share to its rivals, and its trading volume has declined.
- The Winklevoss twins have lent Gemini $100 million to keep the company afloat, but it is unclear how long they will be able to sustain the exchange.
Insights -
* Gemini's market share has fallen from 5% in 2017 to 0.12% in April 2023.
* Gemini's trading volume has declined by 46% in the first four months of 2023.
* Gemini's banking partner, JPMorgan Chase, has told the company to find another bank partner.
* The Winklevoss twins have lent Gemini $100 million to keep the company afloat.
* The future of Gemini is uncertain, but the Winklevoss twins remain committed to the company.
Full report in comment section 👇
[@infinityhedge]
- The exchange has lost market share to its rivals, and its trading volume has declined.
- The Winklevoss twins have lent Gemini $100 million to keep the company afloat, but it is unclear how long they will be able to sustain the exchange.
Insights -
* Gemini's market share has fallen from 5% in 2017 to 0.12% in April 2023.
* Gemini's trading volume has declined by 46% in the first four months of 2023.
* Gemini's banking partner, JPMorgan Chase, has told the company to find another bank partner.
* The Winklevoss twins have lent Gemini $100 million to keep the company afloat.
* The future of Gemini is uncertain, but the Winklevoss twins remain committed to the company.
Full report in comment section 👇
[@infinityhedge]
another liquid staking narrative stablecoin coming soon 🤔
https://twitter.com/PrismaFi/status/1663545808086794243?s=20
https://twitter.com/PrismaFi/status/1663545808086794243?s=20
X (formerly Twitter)
Prisma Finance (@PrismaFi) on X
The end game for liquid staking tokens. A non-custodial and decentralized Ethereum LST-backed stablecoin.
Soon.
Soon.