@traderInosuke $HULK — Messi’s dog didn’t disappear… he just came back as a meme coin.
Strongest dog in crypto, and we’re just warming up. @hulk_bark
https://t.co/FQJ9cENiK4
🚀 Where better to watch your favorite tokens soar to the moon this bull run than at the @CoinMarketCap Virtual HQ in Bloktopia? 🌕📈🐂
Track prices, dive into insights, and stay ahead of the crypto curve—all in the heart of the Metaverse! 🌐✨
MVP launches this Wednesday… are you ready? ⏳🔥
#Metaverse #CoinMarketCap #Crypto #BullRun #Bloktopia #MVP
📰 MiCA is transforming Europe’s digital asset landscape. Explore our CEO Laurent’s insights in @crowdfundinside on how regulatory progress is attracting major financial institutions and driving adoption. Read more here 👇
https://t.co/wYSW1yqIsa
#Crypto#Fintech #DigitalAssets #EuropeanMarkets #MiCA #AcheronTrading
Understanding the balance of decentralization and liquidity is crucial for future crypto governance and adoption.
More from Jonathan Yark, Quantitative Trader at Acheron Trading, below 👇
Read Acheron CEO Laurent’s take on the state of the digital assets market in Europe, poised to become a geographical leader in adoption following impressive growth in 2023 and the implementation of MiCA, in our latest blog post.
Link here: https://t.co/ca22vE0F3C
Our CEO Laurent Benayoun was featured on the latest episode of the @SmartEconomyPod. Click on the link below to learn more about the transformative impact of crypto-backed ETFs and the shift from Bitcoin trading pairs to stablecoins.
Spotify: https://t.co/Mt6zFHqH3H
Acheron Trading proudly welcomes Daniel Lo as Chief Legal Officer, overseeing legal affairs, risk management, and compliance. Formerly CLO at Cake Group and Legal Counsel at UBS, Daniel’s addition highlights our dedication to evolving client needs and strengthening our team. More here:https://t.co/trWAYOlljL
We have continued to expand our research into Primary Listing Performance through June. We share insights into listing multiples, listing frequency, and where things stand within the broader cycle. 🧵
TL;DR: The listing market became oversaturated by mid-April as projects rushed to market. It is preferable to list when the number of primary listings is increasing rather than decreasing. Listing performance continues to be highly dependent on Bitcoin's price performance.
https://t.co/PQwlotXBIr
4/5
Recent Bitcoin rolling performance has ranged between -5.31% and 2.85%. This range is common for listings and resembles the period from late December 2023 to early January 2024. In both periods, the market consolidated, awaiting the approval of spot trading for Bitcoin (late December to early January) and Ethereum (present).
5/5
We see the Ethereum ETF as an opportunity to return to a bullish market. The market remains in a necessary consolidation phase after a meteoric rise in major assets followed by an abundance of listings entering the market.
Exchanges have slowed down and reduced the target number of listings per month as demand has waned. While July and August may continue this trend, we expect a potential turnaround as market conditions stabilize.
Founder @wes_dewayne's opinion piece in @bitcoinnews explains how market-making strategies influence token price discovery, which is critical for long-term token health.
In the piece, Wes shares advice with projects on how to select a market maker that will prioritize orderly and fair price discovery during the initial listing period, steering clear of "companies that have a history of controversy, market manipulation, and exploitation of their customers for profit."
Read the full piece here: https://t.co/gNIez4CTXt
Primary listing multiples have continued to fall month-over-month amid broader market consolidation. June 2024 is set to record the lowest Win Rate ever, indicating a significant drop in organic liquidity.