Little reminder for tomorrow

Avoid being tricked by April Fool's News tomorrow.

We saw that last year and the year before.
It is always the same.

Prices pump and dump even faster.

Uniswap v3 License - Reminder

• Expires today (1st April)
• Making the protocol completely free to be forked by developers
• Uniswap v3 code will be available for anyone to use without restrictions
• The main difference between Uniswap v3 and v2 is the introduction of concentrated liquidity, improving capital efficiency for liquidity providers


-> Expiration enables developers inside and outside the Ethereum ecosystem to use Uniswap v3 code to deploy their own DEXs
-> New projects using v3 will emerge (opportunity for quick plays possible)
-> Older projects will upgrade to v3


Example: PancakeSwap, plans to release v3 in April, speculated to be developed using Uniswap v3 protocol

What could be the next x100 narrative?

We take our commitment to providing profitable investment opportunities seriously. In the past weeks, we have shared projects that have yielded impressive profits in the short term for those who acted on them.

We congratulate all those who took advantage of the information and secured gains.
Your success is a testament to our dedication to helping you make informed decisions in the crypto world.

As we continually elevate the quality of our reports and insights, we're excited to show you an upcoming narrative as a bonus in our latest NEW TLDR issue.

A narrative that brings the crypto space a big step forward when it comes to mainstream adoption.

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Digital Asset Fund Flows - (weekly)

• Digital asset investment products saw inflows of $2.5M, with trading volumes falling 33% from the prior week
• Bitcoin sentiment remained supportive, with $8.8M inflows and $2.5m outflows from short Bitcoin
• Ethereum outflows ($2.8M) and short-Ethereum inflows ($0.5M) indicate concerns for the Shanghai upgrade
• Trading volumes on trusted exchanges dropped 61%, suggesting less participation in the crypto market
• Regionally, Germany saw $21M inflows, while the US $12.4M, Canada $3.9M, and Switzerland $1.5M experienced outflows
• Bitcoin's total assets under management reached their highest level since June 2022, at $23.5BN
• Altcoin flows were mixed, with XRP and Polygon seeing inflows and Binance and Polkadot experiencing outflows
• Investor concerns surrounding the Shanghai upgrade are likely tied to enabling un-staking and yield distribution

BTC/ ETH - Overview Unlocks

Mt. Gox Claims
• 142.000 BTC, 143.000 BCH and 69.000.000.000 JPY
• BTC price is up 45x (from $623) since Mt. Gox customers lost access to their funds
• Creditors must decide by April 6th whether to stay in litigation or receive a lump sum payment by October 31st
• Those choosing immediate payouts can receive about 90% of the collectible amount
• The two largest creditors, Bitcoinica and MGIF, have opted for the lump sum crypto payout (70% BTC, 30% cash JPY)

U.S. Government Auctions - Seized Silk Road BTC
• The US government sold 9,860 BTC and plans to sell the remaining 40,816 in four tranches throughout 2023
• March 7th, 9,860 BTC linked to Silk Road were moved to Coinbase
• Associated wallet BTC: bc1qf2yvj48mzkj7uf8lc2a9sa7w983qe256l5c8fs

Shanghai/Capella - Staked ETH Withdrawals
• The upgrade on April 12th will allow withdrawals of staked ETH for the first time, making nearly 18 million ETH liquid
• About 46% of staked ETH is already liquid due to liquid staking tokens
• About 8.2 million staked ETH (45%) are in profit
• Exit and withdrawal queues -> upper bound on ETH unstaked between 50,000 ETH - 60,000 ETH

Voyager Liquidation
• Bankrupt brokerage/lender Voyager Digital has about $173 million in non-stablecoin crypto remaining, with $87 million in ETH
• The liquidation process is uncertain and dependent on the ongoing bankruptcy case

Opensea Update - Airdrop

Congratulations to all who have taken the opportunity!

If you bought an NFT on Gem before March 31 '23, you’re eligible to claim the ‘Gemesis’ NFT.
It's OpenSea's first step to get more market share back.
(Not a token, but it's not yet eliminated, that more will come.)

You can claim it here: https://opensea.io/collection/gemesis/drop

If you have used several wallets as recommended in the report, then you can claim with each wallet and sell or hold it.

Key features OpenseaPro:
• Live Cross-Marketplace Data
• Aggregates 170+ marketplaces
• Advanced Orders
• Powerful Inventory Management
• Instant Sales
• Optimized Gas Fees
• Mobile Compatibility

If you are looking for more opportunities or narratives, get our latest Sunday Crypto Bullets TLDR report here: @cryptobullets_bot


It is speculated that there is more to come because OS users have not yet been rewarded.

Liquidity Book

• Is an advancement in Automated Market Maker technology developed by the Trader Joe team
• It uses a dynamic function for liquidity provision, improving price discovery and benefiting both liquidity providers and traders
• Unlike traditional AMMs, Liquidity Book arranges liquidity into discrete bins with specific prices, increasing efficiency and flexibility in yield farming
• Has a variable fee model to incentivize liquidity providers and protect them during high volatility
• Key differences between Liquidity Book and Uniswap V3 include the use of bins instead of ticks, different approaches to price impact, and flexibility in managing liquidity positions
• Helps mitigate the issue of Impermanent Loss through its variable fee model



Joe V2.1

• Trader Joe is launching an upgraded version, Joe V2.1, optimizing gas fees and adding new features
• Auto-Pools, native vaults for automatic liquidity distribution, will be introduced in V2.1, simplifying complex liquidity strategies for users
• The Pool Party, an on-chain raffle event, will promote the launch of Auto-Pools
• Joe V2.1 will enable customization of strategies using native limit orders and Permissionless Pools for new LB pools
• The formal upgrade to Joe V2.1 is imminent as developers have recently merged related commits
• Trader Joe is positioning itself as a competitor to Uniswap V3 with concentrated liquidity support

Rumors suggest a fee switch for Joe V2 pools may soon be turned on, potentially driving significant cash flows to the JOE token and catalyzing growth.

ENS Name Wrapper (EP 3.5 proposal)

• ENS Name Wrapper system: offering more flexibility and functionality for domain management
• EP 3.5 proposal executed, upgrading key ENS smart contracts, including the Name Wrapper system
• Users can convert ENS subdomains into ERC1155 NFTs and set various ownership levels by burning "fuses."
• Fuses impact the relationship between names and subdomains and determine their permissions and transferability
• Names can exist in various states (e.g., Unregistered, Unwrapped, Wrapped, Emancipated, Locked), each defining the level of control and transferability
• The new Name Wrapper system brings extensive customizability for managing domain names
• Potential use cases include bulk creation of subdomains, dropping wrapped NFTs into wallets, and new flows for selling or renting subnames
• The Name Wrapper is live on the mainnet (user-friendly management interface launching soon)


-> The upgrade will open up new possibilities for holders, projects and communities.
But the way of interaction and implementation still needs to be simplified so that it is easier to understand and to use.

EigenLayer

• Enables ETH stakers to restake their ETH in Ethereum smart contracts to secure various projects, including middleware, L1s & sidechains
• Zero marginal cost of capital, incentive alignment with Ethereum, and faster middleware innovation
• EigenLayer's first product, EigenDA, increases Ethereum's data bandwidth from 80 KB/s to 15 MB/s
• Validators can use EigenLayer for credible commitments, streamlining Ethereum upgrades without hard forking
• EigenLayer synergizes with Ethereum, enhancing the value of staked ETH and promoting protocol-aligned services

EigenLayer’s launch is set to take place in three separate stages for maximum efficiency and user experience.
The stages will be staggered to ensure the team can focus on each group of participants and make the process as seamless as possible.

Update

• Testnet for the first stage of the EigenLayer protocol is live
• Supports liquid and native restaking

Remember: Early supporters and testers are often rewarded

SushiSwap Important

• Exploited RouteProcess02 contract
• Sushi's RouteProcessor2 contract has an approval bug
• Looks like people are affected that used SusiSwap in the last 2 weeks (could be longer)

Revoke approval on all chains to be on the safe side but make sure it is the right website!

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- Uncover the critical takeaways from the week's most impactful reports
- Stay ahead of the curve as we reveal exclusive hints on Bitcoin's next strategic move
- Explore the hidden potential of altcoins
- Relive the pulse-pounding highlights from the past week's crypto events and prepare for next one

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Market - This Week

Monday
• China - Inflation Rate (MAR)
• Australia - NAB Business Confidence (MAR)
• Japan - Consumer Confidence (MAR)

Tuesday
• Eurozone - Retail Sales (FEB)

Wednesday
• US - CPI Inflation (MAR)
• US - FOMC Meeting Minutes
• Canada - BoC Monetary Policy Report

Ethereum - Shapella Upgrade 4/12/2023, 10:27:35 PM UTC

Thursday
• US - PPI Inflation (MAR)
• UK - GDP (FEB)

Friday
• US - Retail Sales (MAR)

Digital Asset Fund Flows - (weekly)

• Digital asset investment products experienced $57m in inflows last week, resulting in a net inflow YTD
• Trading volumes were low at $970m for the week, with global bitcoin exchange volumes at 25% of the YTD average
• The US led the positive sentiment with $27m in inflows, followed by Germany $17m, Switzerland $13m, and Canada $2.2m
• Bitcoin dominated inflows with $56m, or 98% of all inflows, while short-bitcoin saw minor outflows $0.6m
• Seven altcoins, including Uniswap $0.5m, Polkadot $0.4m, and Polygon $0.23m, experienced minor inflows
• Ethereum's Shapella upgrade had minimal impact on inflows, with only $0.6m recorded
• Blockchain equities saw a quiet week, with inflows totaling $2.1m

Elixir Protocol

Market making is crucial for liquidity, trading volume, and stability in DeFi

• Elixir aims to make market making more affordable and accessible through a decentralized protocol
• Elixir V1 offers customizable token bonds and liquidity mining campaigns
• The platform simplifies market making for liquidity providers and aligns incentives
• Elixir uses a hybrid on-chain and off-chain infrastructure
• The project aims to create a permissionless, transparent, and decentralized economy
• Elixir addresses critical bottlenecks in the crypto economy but faces challenges in latency, security, and infrastructure

The testnet is live. As always, the odds are high that early supporters will be rewarded

Market Update

• US March CPI data: 5.0% YoY (vs. 5.1% expected); Core CPI: 5.6% YoY and 0.4% MoM
• 3-month annualized Core CPI change: 5.1%, above the Fed's 2% target
• Disinflation process underway in the US, with energy disinflation seen for the first time since the pandemic
• Market consensus: CPI expected to decline to 2% by mid-2024; over 3% by end of 2023
• Market expectation for a 25 bps rate hike at the next FOMC meeting in May: 70%
• Fed minutes: officials backed 25 bps rate hike but had less commitment for another move in May
• Fed staff projected a mild recession in late 2023, followed by recovery over the next two years
• Fed's focus on cracking the labor market to hit inflation targets
• Sticky inflation, high debt levels, and recessionary pressures challenge the Fed's dual mandate ('stable prices' & 'full employment')

zksync important

• zksync's Twitter account is compromised

Do not interact with any links until the problem is solved.


----------
Update: The problem should be solved now.

Digital IDs in the age of AI

• Dependable human identity needed due to AI advances
• Current identity solutions fall short in verifying humanness
• e.g. Worldcoin offers Proof-of-Personhood (PoP) through biometric data
• World ID protocol uses iris scans for secure, AI-proof identity verification
• Use cases include UBI, governance, voting, and KYC compliance
• Worldcoin faces challenges in hardware distribution, privacy, and wallet limitations

Some ideas contradict the crypto ethos and are therefore questionable.
But the AI developments are exponential and will require a solution.

Do not miss the opportunity

TL;DR of the most important crypto reports of the last week.

Filtered and in one issue. Just for YOU.
You just need 12min to be better informed than everyone else.

This week's issue:

• New Opportunities
• Project with low MC and a x10 potential
• New airdrop opportunity
• Updates
• Key News

Get our new issue of CryptoBullets TL,DR report here: @cryptobullets_bot

You definitely don't want to miss these opportunities.

And congratulations to all who took the information from the last reports and seized the opportunity!
Your altcoin trades should have been successful!

Market - This Week

Monday
• US - Empire State Manf. Index (APR)
• China - Industrial Production (MAR)
• China - GDP (Q1)

Tuesday
• US - Housing Starts (MAR)
• US - Building Permits (MAR)
• Canada - CPI Inflation (MAR)
• UK - Employment Report (MAR)
• Germany - ZEW Economic Sentiment (APR)

Wednesday
• UK - CPI Inflation (MAR)
• Europe - CPI Inflation (MAR)

Thursday
• US - Existing Home Sales (MAR)
• US - Phil. Fed Manf. Index (APR)

Friday
• Canada - Retail Sales (FEB)
• UK - Retail Sales (MAR)

Digital Asset Fund Flows - (weekly)

• Digital asset investments had inflows of $114m last week, marking a 4-week total of $345m
• Majority of inflows were in the US and Germany, at $58m and $35m respectively
• Low trading volumes in Bitcoin market, averaging $5.6bn per day
• Bitcoin remains the main focus with $104m inflows last week and a 4-week total of $310m
• Short Bitcoin positions saw $14.6m inflows last week
• Ethereum's Shapella had minimal impact with only $0.3m inflows
• Altcoins mostly inactive, except Polygon with $2.1m outflows
• Blockchain equities experienced $5.8m inflows; total AUM reached $1.9bn, the highest since October 2022

Market - Update

• Equity market volatility (VIX) reaches a multiyear low, signaling supportive conditions in equity markets
• Bitcoin 1-month implied volatility (BVIV) is also decreasing as the market consolidates around $30,000
• Bitcoin trades with 3.5 times more expected market volatility compared to U.S. equity markets
• U.S. equity market shows strength relative to bonds, with positive correlation between bonds and equities during market downtrends
• Bitcoin outperforms Nasdaq, Gold, S&P 500, U.S. Treasury Bonds, and Crude Oil in both absolute and risk-adjusted returns
• Supply and demand dynamics in the Bitcoin market point to an increasingly illiquid supply, which can react violently to demand changes
• Long-term holder accumulation and spending habits suggest that the Bitcoin market is primed for a lucrative opportunity in the next 12-18 months
• Approximately 366 days until the next Bitcoin halving