#BREAKING : Volkswagen to receive $13 billion in corporate welfare from Canadian government, hurting Canadian taxpayers. Despite government promises of job creation and growth in the electric vehicle industry, this deal represents a massive handout to a foreign corporation at
🧵 Ethereum has seen significant outflows from cryptocurrency exchanges recently, with over $1 billion ETH withdrawn in the past three weeks. This suggests investors are moving their funds from centralized exchanges to their own wallets. 💸💼📉💰🏦
🧵 The outflows from exchanges indicate that long-term investors are removing their assets to hold for longer periods. It's a vote of confidence in the long-term prospects of cryptocurrencies, as ETH's price continues to rise. 🚀📈💪💎🤝
🧵 The fees on Ethereum have also increased, parallel to market volatility and DeFi activity. This indicates the network's growing importance and usage, with even institutions like Fidelity competing for an Ethereum ETF. 💸📈🚀🌐🏦
🧵 The SEC has delayed its decision on the approval of the Hashdex Nasdaq Ethereum ETF, which aims to hold both spot and futures contracts of Ethereum. The decision is now expected before January 1, 2024. ⏰🛑💼💼📅
🧵 The 1inch team seems to be utilizing Uniswap V3-style positions as limit orders to buy ETH worth around $11 million. This strategic approach allows them to take advantage of potential lower prices for ETH, enhancing liquidity and market stability. 💪💰💼🎯📈