You can trade the volatility of markets all you want.
But if you don’t prepare for the next recession, you will not protect your portfolio.
Here's how to lock in profits and position for the downturn ⬇️🧵
Crypto markets are facing extreme volatility.
Major cryptocurrencies dropped over 20%, causing panic.
Here is the best way to navigate this turbulence:
We are happy to announce our participation in the @plumenetwork Testnet event, which has already captivated over 1.5 million users.
• Step 1: Visit testnet here: https://t.co/AqjJ2EjMvW
• Step 2: Connect wallet and change network to Plume Testnet
• Step 3: Follow through with the testnet tasks: Buy LAND with gnUSD, Approve LAND Vault, Deposit LAND Tokens
👇 Find out more details:
https://t.co/p5rauAM2a4
🚨 NEW TASKS ADDED TO TESTNET 🚨
Starting today, you can interact with our ecosystem projects @Landshareio, @BukProtocol, @KumaProtocol & @SolidViolet!
Earn more MILES here👇
https://t.co/IzXZoi8yun
We’re excited to share that SolidViolet and Dinari USD+ are now live on @plumenetwork's Testnet! 🥳
A testnet journey where we dive into the future of tokenized Real World Assets🧵
🚨ALERT: NEW TASKS ADDED TO TESTNET
Starting today, you can tokenize anything easily with @PlumeArc and speculate on the price of an asset with @Cultured_RWA!
Earn more MILES here👇
(psst…limited….time…)
https://t.co/iHySQj9tS9
Knowing key launch dates benefits any crypto investor
I’ve gathered all relevant info about the $ETH ETF
Here is what you need to know now:
𝗧𝗵𝗲 𝗕𝗶𝗴 𝗣𝗹𝗮𝘆𝗲𝗿𝘀
@BlackRock, Franklin Templeton, and @vaneck_us have all received the green light from the SEC. They need to finalize their paperwork by the end of the week, with all eight spot $ETH ETFs expected to launch simultaneously, mirroring the $BCT ETF rollout earlier this year.
𝗞𝗲𝘆 𝗗𝗮𝘁𝗲𝘀 𝘁𝗼 𝗥𝗲𝗺𝗲𝗺𝗯𝗲𝗿
Mark your calendars! According to Eric Balchunas from Bloomberg, final S-1 filings and fees were due by July 16th. If everything goes as planned, approval could come as early as next Monday, with trading set to begin on July 23rd. This synchronized launch ensures a level playing field for all funds.
𝗧𝗶𝗺𝗶𝗻𝗴 𝗮𝗻𝗱 𝗜𝗺𝗽𝗮𝗰𝘁
@bitwise highlights that while the launch date might shift due to regulatory steps, excitement is high. They predict these ETFs could attract $3-5 billion by the end of 2024 and $15 billion by the end of 2025. This mirrors the success of $BTC ETFs, which saw massive inflows in a short period.
𝗟𝗲𝘀𝘀𝗼𝗻𝘀 𝗳𝗿𝗼𝗺 $BTC 𝗘𝗧𝗙𝘀
$BTC ETFs gathered around $15 billion in just six months, indicating a strong market appetite. We can expect a similar trend for $ETH, with ETFs gaining traction over time.
𝗜𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝗮𝗹 𝗮𝗻𝗱 𝗥𝗲𝘁𝗮𝗶𝗹 𝗔𝗽𝗽𝗲𝗮𝗹
ETFs are attractive to both institutional and retail investors. They offer a simple and secure way for retail investors to participate in the market without managing actual crypto assets. This dual appeal is likely to drive significant inflows, stabilizing and maturing the market.
𝗧𝗵𝗲 𝗥𝗶𝗽𝗽𝗹𝗲 𝗘𝗳𝗳𝗲𝗰𝘁
Legitimacy and Trust: The SEC's approval of $ETH ETFs is a stamp of legitimacy which signals Ethereum’s value as a financial asset. This paves the way for broader adoption and integration into mainstream finance.
𝗠𝗮𝗿𝗸𝗲𝘁 𝗚𝗿𝗼𝘄𝘁𝗵: With easier access through ETFs, more investors can add $ETH to their portfolios, driving wider adoption. The influx of traditional capital is expected to lead to a healthier, more robust market.
𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆: As we await the final approval, the launch of Ethereum ETFs could be THE catalyst for an altcoin season attracting significant investments and driving market maturity.
🔴 Is your portfolio ready for the real bull market?
I’ve spent hundreds of hours researching TON games and airdrops to save your thumb health.
The most common problem?
Wasting time on low-value opportunities.
These 5 gems will most likely (not) make you rich, but are fun 🧵👇
Breaking: Intern Takes Charge of Germany's $BTC Selloff 🚀
German taxpayers are incredibly grateful for the highest taxes in the world and a government that doesn't even try to support tax revenues through $BTC sales.
Do you also get the impression a 19-year-old intern, fresh out of college with barely a clue about crypto, suddenly finds himself leading Germany's $BTC sale on centralized exchanges?
At the start of 2024, Germany had 52,000 $BTC in its possession. Fast forward to today, and those holdings are down to 23.8k $BTC (down from 39.8k BTC just yesterday).
The German government's substantial $BTC holdings originate from the seizure of assets related to a notorious movie piracy website that was active until 2013
𝗧𝗵𝗲 𝗣𝗿𝗼𝗯𝗹𝗲𝗺:
Apparently, the $BTC is being dumped on the market using market orders, which drastically drives down the price. This strategy significantly undermines the seller's own pricing. (no OTC? WHY?)
𝗪𝗵𝗮𝘁 𝗵𝗮𝗽𝗽𝗲𝗻𝗲𝗱 ���𝗲𝘀𝘁𝗲𝗿𝗱𝗮𝘆? 🤔
$BTC was sent to these entities:
Cumberland DRW: 133 $BTC
Kraken: 1,350 $BTC
B2C2 Group: 1,700 $BTC
Coinbase: 900 $BTC
Bitstamp: 900 $BTC
Flow Traders: 1,700 $BTC
Unmarked addresses: 650 $BTC
The beauty of blockchain? You can witness all of this live on chain. Check it out on: Arkham Explorer - Germany.
Who knew that Germany’s Bitcoin trading could have such a huge impact?
The transparency of blockchain lets us watch every twist and turn in real-time.
What are your thoughts on the future of BTC given this massive sell-off?
P.S. This piece of content is written with a certain note of humour.
Want to stay ahead in the crypto market?
Use these key updates and opportunities to your advantage!
In each market correction there are countless opportunities to make it!
Everything is red...
everything?
Not quite.
One blue chain is catching fire with millions of new users.
Its price?
Rising non-stop.
It's TVL?
+28% on the weekly
Watch out for $TON.
It's the outlier in a sea of red.
Unhappy with your @zksync airdrop allocation?
@aoTheComputer just launched the fairest airdrop in crypto history
— 🔵 Fair Launch:
AO's minting mechanism started retrospectively from February 27, 2024.
All AO tokens minted up to this point have been granted to Arweave ($AR) token holders based on their balances.
You will receive $AO in your non-custodial wallet or via the exchange you are holding $AR on
— 🔵 Continuous Rewards:
Moving forward, 33.3% of $AO tokens will be minted for $AR token holders, while 66.6% will be allocated to bridge assets into AO, driving economic growth.
— 🔵 Bridging Phase:
The first phase of bridging contracts is live.
Deposit staked Ethereum ($stETH) tokens into the audited pre-bridge contract and start earning $AO tokens once rewards begin on June 18, 2024.
— 🔵 Future Unlocking:
$AO tokens will remain locked until approximately February 8, 2025, when ~15% of the supply has been minted.
— 🟢 My Take:
The AO token minting process introduces a very different model that tries to reward both users and developers. It is open for debate whether a cold start can be prohibited and a 100% fair launch will work.
Since we see greedy VCs and bad tokenomics all the time, the economics of @aoTheComputer are certainly an interesting experiment.
The rapid growth of AI has positioned DePin as one of the most compelling use cases for crypto today.
Capitalize on this trend by trading PERPs starting June 11th on your favourite DEX.
Prepare to profit, whether you're going long or short! 🧵👇
Deep in my heart, I am still a gamer.
Although my time is now consumed by DeFi, I always hold onto the hope that one day I’ll return to my favorite games.
For about 3 1/2 years, I’ve been following @illuviumio, the @Pokemon of Web3.
I got in $ILV early, experienced its price surge to $1.8k in the last bull market, and watched it fall to $40 during the bear market (never sold, ouch).
Now, after 4 years of development (which felt like 10), the game will officially launch on July 25th, and I can’t wait!
The open beta is running now and is free to play.
In the meantime, I’ve tried countless @ton_blockchain mini apps, but almost none have captured the essence of gaming for me.
Most are pay-to-win mobile games, which miss the true spirit of gaming.
Which games are you looking forward to? Have you tried any Web3 games and even spent money on them?