Forwarded from Wu Blockchain News
According to glassnode, Long-Term Holders already hold 70% of the total supply of Bitcoin, reaching 14,787,265 BTC, continuing to hit new highs. Among them, 69.2% of long-term holders' positions are in profit. Long-term holders are those whose average purchase/receipt date is at least more than 155 days ago. — link
Crypto Mumbles
Even after post- EIP4844/ danksharding, L2s are still competing for DA on the L1, meaning if a L2 is having a hyped mint, all other L2s are also affected by the fee spikes on the L1
the difference between global fee market and localised fee markets
Analogy from DavidHoffman.eth:
the QWERTY keyboard sucks and is not the most efficient, but the majority sticks to it anyway
in the same way, while EVM has its drawbacks, it is likely that corporations and devs would prefer sticking to EVM as compared to SVM
https://x.com/0xMert_/status/1703495706839822769?s=20
the QWERTY keyboard sucks and is not the most efficient, but the majority sticks to it anyway
in the same way, while EVM has its drawbacks, it is likely that corporations and devs would prefer sticking to EVM as compared to SVM
https://x.com/0xMert_/status/1703495706839822769?s=20
X (formerly Twitter)
rpc mert | helius.dev on X
I don't fully get why teams use EVM rollups — genuinely curious
the EVM is a known inefficient virtual machine when it comes to execution
is it just for EVM compatibility for existing apps?
an SVM rollup settling on Ethereum makes much more sense if you're…
the EVM is a known inefficient virtual machine when it comes to execution
is it just for EVM compatibility for existing apps?
an SVM rollup settling on Ethereum makes much more sense if you're…
$FGATE
FrenGate is a platform built on top of friendtech, designed to help FT creators manage their communities and chatrooms for a small fee
imo the UI/UX is super clean and there is no on-chain transactions required on the platform
think this might be a a good temporary solution while FT remains improving on their UI/UX
frengate.app
cool stuff
FrenGate is a platform built on top of friendtech, designed to help FT creators manage their communities and chatrooms for a small fee
imo the UI/UX is super clean and there is no on-chain transactions required on the platform
think this might be a a good temporary solution while FT remains improving on their UI/UX
frengate.app
cool stuff
Crypto Mumbles
https://x.com/0xHoward_Peng/status/1703674607574925716?s=20
> keep Telegram wallet as a hot wallet since it's doxxed to you (or keep your profile anon)
> easy sending of funds with a few taps within TON from wallet to wallet
> international currency (crypto) and transfers
> convenient and accessible
> gud
> easy sending of funds with a few taps within TON from wallet to wallet
> international currency (crypto) and transfers
> convenient and accessible
> gud
Crypto Mumbles
btc so far this has been playing out the upmove wasn’t faded immediately not a short squeeze, but shorts got smoked and i still think we continue up a bit higher (27k possibly) once btc moves up and stalls then we’ll see on chain alts bounce harder some…
correct on the idea
btc just hit 27k, entered my first short, scaling up to 28k+
let’s see how things move from here
will look to position some shorts on alts as well
btc just hit 27k, entered my first short, scaling up to 28k+
let’s see how things move from here
will look to position some shorts on alts as well
Forwarded from Wu Blockchain News
Wintermute criticized DWF, another market maker, on many occasions in Singapore2049. It stated to the media that there are a large number of people in this industry who "manipulate the market" instead of "providing liquidity to guide the healthy development of the market." It also criticized DWF for declaring OTC transactions as investments. DWF has previously accused Wintermute of using the media to spread false information. — link
Forwarded from unfolded.
Blockchain data visualization firm Bubblemaps raises $3.2 million in seed funding
https://www.theblock.co/post/250888/blockchain-data-visualization-firm-bubblemaps-raises-3-2-million-in-seed-funding
https://www.theblock.co/post/250888/blockchain-data-visualization-firm-bubblemaps-raises-3-2-million-in-seed-funding
The Block
Blockchain data visualization firm Bubblemaps raises $3.2 million in seed funding
The firm visualizes on-chain data in colorful clusters of circles called a bubble map, aiming to make blockchain data easier to understand.