Used to think ETH and ETHBTC were overhyped going into the ETH ETF but with Trump’s proceeds from WLFI being used to buy $ETH and pro ETH/DeFi SEC and CFTC chairs being nominated and the ETHE overhang + ETF hype cleared, this coin don’t look too bad anymore
The major correction is nearly done, and we’re just a few points away from my green support zone.
The next move is setting up to send $ETH towards 4k.
Feel free to support me and join the action @_WOO_X Ref. link in the comment below.
Another huge day for Ethereum ETF inflows thanks to Blackrock ETHA taking in a massive $129.9MM, the second highest on record (only the first ETF trading day $266.5mm record was bigger).
Alert: Important Notice for ENA/USDe Holders
The Ethena team is currently using 180M ENA tokens (25% of SENA supply that earns sats) to farm sats in Season 3, effectively diluting other participants' rewards. This raises significant concerns about the team's ethics.
A thread
THIS
right now things don’t feel good in Eth land. Price is bad. Sol/ETH and BTC/ETH ratios are bad. ETF is not saving us. the EF is spending a lot of money. Vitalik says DeFi yield is mostly an ourobourus. Volumes are bad. Our friends still think we’re not doing anything useful. We are beginning to believe they are right. Kyle Salami was on Bankless
the vibes - they’re bad
but it’s this energy from brother bing that’s the pick-me-up I needed. It’s also a reminder to why decentralization matters. As Vitalik (or was it Balaji) says, decentralization doesn’t mean no leaders, it means many leaders
and Ethereum has many
Ethereum is MegaETH pushing the logical extremes of a performant centralized L2 held in check by the most decentralized smart contracting platform on the planet. It is Monad, pushing the EVM forward and shining a light on state access and merkelization. Ethereum is georgios, putting the team on his back by building a node around blue alloy and revm - itself the underlying technology that allows Base and Jesse to dream of gigagas (currently at 0.12 gigagas) and onboarding the next billion
there is no coherent narrative, and yet Ethereum shipped EIP-1559, EIP-4844, the merge and EIP-7702 is on the horizon
there is no coherent narrative and yet zkEmail and zkTLS are pushing the boundary of permissionless collaboration and giving us novel ways of bringing web2 into web3
there is no coherent narrative and yet van eck buys pudgy penguins and has earmarked a fraction of their ETF profits for open source software development
all of us in Ethereum today were inspired by ideals, and Vitalik, our fearless leader - espouses so many of the values we hold dear. He told us about xy = k before bancor or uniswap. He has written so many technical papers that most of us cannot understand but appreciate that our leader understands them. He is modest and sits in economy. He dumped SHIB for India Covid Relief. He has led with extreme grace
but he has also reminded that he is just one leader. he is not barking orders at validators to please once again, upgrade their nodes to the latest update. he is not telling DeFi what to do
ethereum is idealism, blended with economic pragmatism. It is berlin and new york. it is argentina and turkey (tho thats more binance and tron tbh). it is multiple perspectives all finding ways to coordinate and deliver sustainable value to "ETH the asset" while still not letting go of the values of permissionless innovation, open source, checks and balances, audits, a social immune system that discourages centralization, and protects the little guy. it is contradictions and disagreements all shoved together to get the best of all worlds
when I was a kid, there was a poster in one of my classrooms - it read “attitudes are contagious, is yours worth catching”
well brother bings attitude is definitely worth catching. i’ve caught it. and I hope you get inspired too. let’s “give financial nihilism the boot” and “spark the fire that crypto can truly reshape society”. Let’s go build a space elevator to the fucking moon
gm
Be very careful with @jumperapp at the moment. Their switch chain function is not working properly. I've just lost 1 $ETH bridging. Their answer: "Your MM should be up-to-date - we don't compensate". I'm on v11.16.7
Don't want to spread fud, but it does not look appropriate
Yesterday was amazing. My "Lemur" was exhibited for the first time. Many thanks to @nftist_co & to all artists who supported the event with their works & also, friends who came to the event and shared this excitement and hope there.
Collected by @ChubbyAvocado
📸 @TeaGuruNFT
“Blue Pill” 🔵 open edition is live on Manifold!
By claiming at least one "Blue Pill", you get the chance to claim the "Red Pill" and be “The One”!���
After the 48 hours OE ends, the giveaway for my SuperRare 1/1, "Red Pill", will be drawn.
Details and link below.
I am really excited!!! ✌️🦍 NFT NYC 2022 "Diversity of NFTs Art" Collection has been officially announced, it is an honor to be included in this unique selection. @NFT_NYC
"Urbanist Gorilla" 10 Edition, 0.5 ETH.
https://t.co/JNWKer4509
WHO KILLED THE PANDA?
From the Silent Steps series cinematic short movie; "Panda"is now live on @superrare🐼
“The scattered pieces will never be put back together. After all, everything will turn out to be nothing, one day.“
Link and details below🧵🔻
🔊👀
Official Kibatsu x @deekaymotion collab releasing soon!
(sound on)
- 3 limited editions, 50 each
- AL raffle for Kibatsu Mecha holders
- AL raffle for some Deekay holders as well (details TBA)
We'll reveal the other 2 editions and more info over the next week or so. Stay tuned!