Curvefi founder (Michale Egorov) is being liquidated.
He currently holds $111.87 million $CRV ($33.87 million) in collateral and $20.6 million in debt across four platforms.
https://debank.com/profile/0x7a16ff8270133f063aab6c9977183d9e72835428/history
He currently holds $111.87 million $CRV ($33.87 million) in collateral and $20.6 million in debt across four platforms.
https://debank.com/profile/0x7a16ff8270133f063aab6c9977183d9e72835428/history
DeBank
DeBank | Your go-to portfolio tracker for Ethereum and EVM
I want to express my sincere gratitude for all your support!
A little about background for those who don't know.
Back in 2022, right a week before the FTX collapse, I started this channel. Initially, the focus was to uncover the FTX hacks and alert people to withdraw their money. I still remember I did not sleep for 3 days straight, actively talking to a lot of people and monitoring the flow.
Later, after FTX, I turned this channel into a research channel. Since then, I have been doing daily market research—probably my OG subs know that.
Now we stand at 10k subs. I have no words to appreciate your support. I never asked for donations or requested you to use my exchange links. This channel was a pure contribution of what I have learned from big minds in the space, and I made it free. everything was is my contribution.
I have made a lot of tools for free for the space, seeing if people benefited from them, like the MM dashboard. The number of posts on this channel is low because I don't like sharing the same thing/headline by changing a few words in it. If something is not on Twitter or anywhere else, you will see it here. Also, I am not on Twitter; Telegram is my only place.
What's next? That is yet to be decided.I like doing/sharing my research work and trade ideas, so I did. There is a lot of flow that can be covered. I have been using a lot of tools to come up with those creative plots and data-driven ideas. Expect an update soon! take care of yourself and your family.
A little about background for those who don't know.
Back in 2022, right a week before the FTX collapse, I started this channel. Initially, the focus was to uncover the FTX hacks and alert people to withdraw their money. I still remember I did not sleep for 3 days straight, actively talking to a lot of people and monitoring the flow.
Later, after FTX, I turned this channel into a research channel. Since then, I have been doing daily market research—probably my OG subs know that.
Now we stand at 10k subs. I have no words to appreciate your support. I never asked for donations or requested you to use my exchange links. This channel was a pure contribution of what I have learned from big minds in the space, and I made it free. everything was is my contribution.
I have made a lot of tools for free for the space, seeing if people benefited from them, like the MM dashboard. The number of posts on this channel is low because I don't like sharing the same thing/headline by changing a few words in it. If something is not on Twitter or anywhere else, you will see it here. Also, I am not on Twitter; Telegram is my only place.
What's next? That is yet to be decided.I like doing/sharing my research work and trade ideas, so I did. There is a lot of flow that can be covered. I have been using a lot of tools to come up with those creative plots and data-driven ideas. Expect an update soon! take care of yourself and your family.
The onboarding was closed yesterday after reaching the cap, and posts were deleted to prevent further messages. I received a lot of messages. Thanks for the support.
Alpha
Historically, July is the strongest month in summer, and QQQ has extremely strong July seasonality for structural reasons. BTC has a median return of 10% in July and tends to bounce back strongly, especially after a negative June (-9.85%).
m2/btc
This is the whole picture of this run.
Three years ago, they said that inflation was all in your head, even as the M2 money supply skyrocketed.
QT has been prevalent since the market topped in 2021. M2 probably bottomed out, and more stimulus/injections from the government could trigger this Bullish Run.
This is the whole picture of this run.
Three years ago, they said that inflation was all in your head, even as the M2 money supply skyrocketed.
QT has been prevalent since the market topped in 2021. M2 probably bottomed out, and more stimulus/injections from the government could trigger this Bullish Run.
Alpha
m2/btc This is the whole picture of this run. Three years ago, they said that inflation was all in your head, even as the M2 money supply skyrocketed. QT has been prevalent since the market topped in 2021. M2 probably bottomed out, and more stimulus/injections…
made the chart here track real time; https://fred.stlouisfed.org/graph/?g=1pGT8
fred.stlouisfed.org
M2 | FRED | St. Louis Fed
View data of a measure of the U.S. money supply that includes all components of M1 plus several less-liquid assets.
Comments from Powell today 02/07
> Fed doesn't see 2% inflation "this year or next year"
> 4% unemployment is still a very low unemployment rate
> Moving too fast creates risk of inflation returning
> The Fed needs more data before rate cuts can begin.
> Fed doesn't see 2% inflation "this year or next year"
> 4% unemployment is still a very low unemployment rate
> Moving too fast creates risk of inflation returning
> The Fed needs more data before rate cuts can begin.
Alpha
Reaction
Reuters
Fed's Powell says US on 'disinflationary path,' but more data needed before rate cuts
The U.S. is back on a "disinflationary path," Federal Reserve Chair Jerome Powell said on Tuesday, but policymakers need more data before cutting interest rates to verify that recent weaker inflation readings provide an accurate picture of the economy.
Forwarded from Moonbags Markets
Just too much confluence for mid September
1) Market expects rate cuts
2) CZ released from prison
3) Lunar eclipse
4) Upcoming election
5) ETH ETF trades by then
6) Tradfi big boys done with summer vacation
7) Mercury retrograde ends August 28
1) Market expects rate cuts
2) CZ released from prison
3) Lunar eclipse
4) Upcoming election
5) ETH ETF trades by then
6) Tradfi big boys done with summer vacation
7) Mercury retrograde ends August 28
U.S. NONFARM PAYROLLS: +206000 (EST. +191000)
U.S. UNEMPLOYMENT RATE: 4.1% (EST. 4.0%)
U.S. AVERAGE HOURLY EARNINGS: +0.3% (EST. +0.3%)
U.S. UNEMPLOYMENT RATE: 4.1% (EST. 4.0%)
U.S. AVERAGE HOURLY EARNINGS: +0.3% (EST. +0.3%)
Week Ahead: Significant Global Macro and Crypto Events
$BTC - US House will vote on overturning Biden's veto of SAB 121 crypto bill next week.
$ETH - ETF analysts expect spot ETH ETFs to launch next week or the week after.
$JUP - Jupiter's 30% supply reduction proposal is scheduled to go live this month.
$VELA - Vela V2 will launch on July 8 with upgraded tokenomics and a new trading competition.
$161M in APT, XAI, and IMX - Set to flood the market next week.
DYDX, NTRN, FORT, and HNT - Will unlock new supplies in the coming week.
Macro:
Tuesday, July 9 - Federal Reserve Chair Jerome Powell testifies before the Senate.
Wednesday, July 10 - Powell testifies before the House.
Thursday, July 11 - CPI report released; expected 0.1% MoM, 3.1% YoY, core CPI at 0.2%.
Friday, July 12 - Q2 earnings reports from JPMorgan Chase, Wells Fargo, and Citigroup.
$BTC - US House will vote on overturning Biden's veto of SAB 121 crypto bill next week.
$ETH - ETF analysts expect spot ETH ETFs to launch next week or the week after.
$JUP - Jupiter's 30% supply reduction proposal is scheduled to go live this month.
$VELA - Vela V2 will launch on July 8 with upgraded tokenomics and a new trading competition.
$161M in APT, XAI, and IMX - Set to flood the market next week.
DYDX, NTRN, FORT, and HNT - Will unlock new supplies in the coming week.
Macro:
Tuesday, July 9 - Federal Reserve Chair Jerome Powell testifies before the Senate.
Wednesday, July 10 - Powell testifies before the House.
Thursday, July 11 - CPI report released; expected 0.1% MoM, 3.1% YoY, core CPI at 0.2%.
Friday, July 12 - Q2 earnings reports from JPMorgan Chase, Wells Fargo, and Citigroup.