#DYDX #fundamental
We have fundamental support until this date - Nov. 13... If the market doesn't go into correction…
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Vote Reminder
Should the community start the dYdX Chain Beta stage?
Beta stage introduces:
📊 33+ Markets
🤝 Trading Fees accrue to Validators & Stakers
🛠️ Markets transition from post-only to active
Vote ends November 13, 2023 at 13:44 UTC⏳
Currently, the proposal has:
⚡️ 83.4% turnout
✅ 99.1% yes votes
❌ 0.3% no votes
➡️ 0.6% abstain votes
with ~1 day left to vote ❗️
• DYDX • Proposal
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🪆Перевод
We have fundamental support until this date - Nov. 13... If the market doesn't go into correction…
----
Vote Reminder
Should the community start the dYdX Chain Beta stage?
Beta stage introduces:
📊 33+ Markets
🤝 Trading Fees accrue to Validators & Stakers
🛠️ Markets transition from post-only to active
Vote ends November 13, 2023 at 13:44 UTC⏳
Currently, the proposal has:
⚡️ 83.4% turnout
✅ 99.1% yes votes
❌ 0.3% no votes
➡️ 0.6% abstain votes
with ~1 day left to vote ❗️
• DYDX • Proposal
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🪆Перевод
#HOOK #fundamental
Missed a bit this news...
New Era of Hooked Protocol: HOOKED 2.0 Proposal
• HOOK
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🪆Перевод
Missed a bit this news...
New Era of Hooked Protocol: HOOKED 2.0 Proposal
• HOOK
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🪆Перевод
#STG #fundamental
STG is a cross-chain bridge protocol built by L0, which accordingly correlates strongly with news about L0, including about the ZRO airdrop, about which more has already been said than necessary...
The announcement of STRK may once again create speculation about L0 as well...
Technicaly:
Potential weekly H&S pattern...
Just for thoughts...
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🪆Перевод
STG is a cross-chain bridge protocol built by L0, which accordingly correlates strongly with news about L0, including about the ZRO airdrop, about which more has already been said than necessary...
The announcement of STRK may once again create speculation about L0 as well...
Technicaly:
Potential weekly H&S pattern...
Just for thoughts...
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🪆Перевод
Newsmaker.сlub
#EigenLayer EigenLayer deposits surpass $900 million amid increased LST caps At launch, EigenLayer allowed users to deposit LSTs from three staking projects: Lido, Rocket Pool, and Coinbase. The protocol has now expanded its range to include six additional…
#BLUR #Fundamental
The inflow to the EigenLayer also activated BLAST, and with it BLUR
Technically:
Clear Uptrend structure, HHs and HLs.
Strong previous daily candle, and the current one will be strong. Solid behavior on the dump of market.
MM - #Wintermute
Top2 holder - #Upbit [31% of spot vol.]
40% to update high on Binance
*1d BLUR log chart from Binance Fut.
*1w BLUR log chart from OKX
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🪆Перевод
The inflow to the EigenLayer also activated BLAST, and with it BLUR
Technically:
Clear Uptrend structure, HHs and HLs.
Strong previous daily candle, and the current one will be strong. Solid behavior on the dump of market.
MM - #Wintermute
Top2 holder - #Upbit [31% of spot vol.]
40% to update high on Binance
*1d BLUR log chart from Binance Fut.
*1w BLUR log chart from OKX
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🪆Перевод
#DWF
While everyone is looking for ETF, 2 other major events are forgotten & Chinese New Year and Bitcoin Halving
They should also have some impact
Don’t underestimate it
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#fundamental
Chinese New Year - Feb. 10
The most Chinese coin, with DWF is on board - #CFX
Jun, 2023 - DWF Labs Doubles Down on Conflux with $28 Million Invested
• Grachev | CFX
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🪆Перевод
While everyone is looking for ETF, 2 other major events are forgotten & Chinese New Year and Bitcoin Halving
They should also have some impact
Don’t underestimate it
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#fundamental
Chinese New Year - Feb. 10
The most Chinese coin, with DWF is on board - #CFX
Jun, 2023 - DWF Labs Doubles Down on Conflux with $28 Million Invested
• Grachev | CFX
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🪆Перевод
X (formerly Twitter)
Andrei Grachev (@ag_dwf) on X
While everyone is looking for ETF, 2 other major events are forgotten > Chinese New Year and Bitcoin Halving
They should also have some impact
Don’t underestimate it
They should also have some impact
Don’t underestimate it
#ETH
I. ETH - $2.600 / 0.0565 BTC. Strong.
→ #Dates for ETH #ETF. The closest dates are May 23. The key question for the SEC is whether ETH is a security or not (and thus other PoS coins). Let's see what Gary has to say on this issue.
→ #Dencun update for ether is scheduled for January 17.
→ #VitalikButerin calls for 33% increase in gas limit to 40M. Gas limit is constantly increasing as the network grows. The network started operating with a limit of 3M, last increase was 3 years ago from 15M to 30M.
More limit - more network capacity and more money from fees. Average gas prices are currently around 35 gwei or $1.89. Gwei is one billionth of an ether.
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II. #ETC - $28 #fundamental
As always, the little brother of ether ETC shows the best performance. Pumped >50% this week.
By the way, if anyone remembers ETC is a PoW coin and it also has #Halving, which is scheduled for mid-June.
• Dencun • Buterin | ETC
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🪆Перевод
I. ETH - $2.600 / 0.0565 BTC. Strong.
→ #Dates for ETH #ETF. The closest dates are May 23. The key question for the SEC is whether ETH is a security or not (and thus other PoS coins). Let's see what Gary has to say on this issue.
→ #Dencun update for ether is scheduled for January 17.
→ #VitalikButerin calls for 33% increase in gas limit to 40M. Gas limit is constantly increasing as the network grows. The network started operating with a limit of 3M, last increase was 3 years ago from 15M to 30M.
More limit - more network capacity and more money from fees. Average gas prices are currently around 35 gwei or $1.89. Gwei is one billionth of an ether.
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II. #ETC - $28 #fundamental
As always, the little brother of ether ETC shows the best performance. Pumped >50% this week.
By the way, if anyone remembers ETC is a PoW coin and it also has #Halving, which is scheduled for mid-June.
• Dencun • Buterin | ETC
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🪆Перевод
Some #fundamental news and more:
→ #APE. Yuga Labs is launching a free-to-play game, Dookey Dash, sometime this quarter. Dookey Dash was an NFT-gated endless runner game packed with toilet humor. Now, it's coming back with public access and token rewards.
→ #FXS. Frax Finance's Layer 2 Fraxtal to Debut in February: Founder
→ #TUSD. MooreHK confirmed that TUSD 1.91B is fully collateralized. Interestingly, of the total collateral of $1.93B, 500M is #FDUSD. TUSD on Binance - 0.99.
→ #SOL. #Franklin Templeton like #SOL. Next ETF is SOL, but Gary says all coins except BTC are securities.
→ #MANTA listing at 10:00 [UTC]. Claim - 9:30 [UTC]
→ #DYDX Tops Uniswap as Largest DEX by Volume
• APE • FXS • TUSD • FT • DYDX
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🪆Перевод
→ #APE. Yuga Labs is launching a free-to-play game, Dookey Dash, sometime this quarter. Dookey Dash was an NFT-gated endless runner game packed with toilet humor. Now, it's coming back with public access and token rewards.
→ #FXS. Frax Finance's Layer 2 Fraxtal to Debut in February: Founder
→ #TUSD. MooreHK confirmed that TUSD 1.91B is fully collateralized. Interestingly, of the total collateral of $1.93B, 500M is #FDUSD. TUSD on Binance - 0.99.
→ #SOL. #Franklin Templeton like #SOL. Next ETF is SOL, but Gary says all coins except BTC are securities.
→ #MANTA listing at 10:00 [UTC]. Claim - 9:30 [UTC]
→ #DYDX Tops Uniswap as Largest DEX by Volume
• APE • FXS • TUSD • FT • DYDX
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🪆Перевод
#LSK #fundamental
Two days old news… but it’s #BIG
Lisk blockchain will become an Ethereum Layer 2 via Optimism and Gelato
• TB • LSK
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🪆Перевод
Two days old news… but it’s #BIG
Lisk blockchain will become an Ethereum Layer 2 via Optimism and Gelato
• TB • LSK
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🪆Перевод
The Block
Lisk blockchain will become an Ethereum Layer 2 via Optimism and Gelato
Lisk is collaborating with Optimism and Gelato to transition from a Layer 1 to an Ethereum Layer 2 solution.
#CFX #fundamental
DWF continues to push CFX…
CFX:
70G +500 min 39CNY/Month
Next Step: Bitcoin Integration
DWF:⚡️
Chinese new year - Feb. 10…
——
Few seconds later:
🟢 #CFX Liquidated Short: $128K at $0.205
• CFX
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🪆Перевод
DWF continues to push CFX…
CFX:
70G +500 min 39CNY/Month
Next Step: Bitcoin Integration
DWF:⚡️
Chinese new year - Feb. 10…
——
Few seconds later:
🟢 #CFX Liquidated Short: $128K at $0.205
• CFX
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🪆Перевод
#RUNE #fundamental
RUNE’s Mcap - $1.5B
After a successful ~5 month trial period, a dev has proposed to burn 60m ($288m!!) from the standby reserve, 12% of the max supply of $RUNE, to make room for more loans on @THORChain at a 200% collat ratio. Post $100k of $BTC, receive $50k of debt. Time to scale lending 💪
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One way to conceptualise this.
By burning $300m in RUNE from standby, it means TC can onboard another $100m in Collateral, which is a $50m in market-buy on RUNE.
The Standby Reserve is not doing anything, this proposal activates it.
• Pluto • Rune
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🪆Перевод
RUNE’s Mcap - $1.5B
After a successful ~5 month trial period, a dev has proposed to burn 60m ($288m!!) from the standby reserve, 12% of the max supply of $RUNE, to make room for more loans on @THORChain at a 200% collat ratio. Post $100k of $BTC, receive $50k of debt. Time to scale lending 💪
——
One way to conceptualise this.
By burning $300m in RUNE from standby, it means TC can onboard another $100m in Collateral, which is a $50m in market-buy on RUNE.
The Standby Reserve is not doing anything, this proposal activates it.
• Pluto • Rune
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🪆Перевод
X (formerly Twitter)
Pluto (9R) ⚡️ (@Pluto9r) on X
After a successful ~5 month trial period, a dev has proposed to burn 60m ($288m!!) from the standby reserve, 12% of the max supply of $RUNE, to make room for more loans on @THORChain at a 200% collat ratio. Post $100k of $BTC, receive $50k of debt. Time to…