you can long/short friendtech index here on hyperliquid

https://app.hyperliquid.xyz/trade/FRIEND

you'll be earning almost 6k% apy just to short rn ...

"All of ‘em are going to come, even if it’s just for a day to make a fat bag and leave lmao"

meaningful growth?

https://twitter.com/RookieXBT/status/1693405534559322365?s=20

40min market overview video but worth the watch

i’ve learned a lot from them on keeping trading extremely simple in the previous run

tldr;
1. bearish short-mid term
2. looking for buys on btc below 20k
3. look to accumulate alts trading similar to total2/3
4. go for alts with great rr even w conservative targets (not ath)
5. all we need is time (aka time based capitulation)
6. buy the next fud that sends us below 20k (if it comes)
7. accumulate alts that are trading in a range, buying at range discount or raid of lows

other than these points, do absolutely nothing and preserve capital

https://twitter.com/Tier7Network/status/1693566880446120261?s=20

have to keep bringing this back to remind myself as well

only two things required to make it in crypto: patience and discipline

https://twitter.com/avcrypto_/status/1604679088542601216?s=21&t=UKsE4tr6juHZFFAIk3Te3Q

good opposing perspective on friend tech

https://vxtwitter.com/AWice/status/1693578663797854340?t=3OBBKb3u6WbKSIDp3mjegA&s=19

get out of bnb if you can

play it safe and preserve your capital

i’d rather not take the risk keeping funds on it

If I tell you my asset side of the balance sheet and say look look I have so much reserves

But I do not show you my equity and liabilities you have no way of telling if I am insolvent

That’s like me showing you a condo/car I bought on excessive debt and you actually believe I’m rich - because you only see the assets and not my actual bank statements

Crypto exchange audit checks are meaningless unless we can prove the customer claim numbers.

USDC is launching on 6 new blockchains; Coinbase is increasing its support for stablecoins with an investment in Circle; Circle will take full control over USDC issuance and governance; Coinbase and Circle will also maintain a commercial relationship.

https://www.circle.com/blog/ushering-in-the-next-chapter-for-usdc

https://twitter.com/emperorbtc/status/1693345687008665881?

Hey everyone!

Eigenlayer opens its gate tonight, at 10PM SGT! (Official time will be 22 Aug, 7AM PT)

Here's a TLDR-ELI5 on Eigen, and an affordable way to position yourself to restake your stETH, rETH or cbETH within minutes of the opening:

TLDR-ELI5:
Basically allowing those with staked ETH to further participate in securing, and providing liquidity for new dApps.
Staked ETH is known for the security consensus it provides to Ethereum, and besides the staked yield you obtain, you can get more rewards by participating in these new dApps built using Eigenlayer.

How to pay no to little gas, swapping ETH to any of the eth supported, and then finally restaking?
1) Download Rainmaker wallet on your phone (rainmaker.nyc). It's a defi wallet
2) Sign up for an account, and enter the invite code EIGENLAYER to join their beta
3) Create a new wallet, the private key page is just an additional password to secure your account
4) This is your own self-custodial wallet, transfer ETH inside
5) go to RocketX to make a low fee/low gas swap to cbETH or rETH.
6) Then, in Rainmaker, go to app.eigenlayer.xyz
7) follow through with the staking process, it would be gasless as it is sponsored by eigenlayer. You literally save about $40-50 in gas fees!

Less than 12 hours to go, position yourself well!

knowing is not enough; we must apply
willing is not enough; we must do

knowledge =/= power
applied knowledge = power

https://twitter.com/RomeenSheth/status/1693616577500025264?s=20