The Bitcoin Industrial Complex (ETFs + MSTR, COIN) saw $38b in trading volume today, lifetime records being set all over the place, incl $IBIT which did $4.5b, which points to a robust week of inflows. Just an insane day, it really deserves a name a la Volmageddon
BtcTurk has delisted $LUNC 1 hour ago after the hack happened this weekend, I calculated there were 368,262,000,000 $LUNC stolen from the exchange and they compensated the users in Turkish Lira just now, rougly 30M$ of $LUNC that was forcibly sold by hackers is back to users as cash which could potentially end up coming back into $LUNC .
Decent odds of a reverse bart imho. NFA DYOR
I think $AEVO might be crypto's $GME or $AMC
$AEVO has been the most shorted coin since its inception and just look at its chart!
It's marketcap of just 117M$ and has 100M$ OI. There is no ratio that comes close to this!
This means for every 100 tokens there is about 85 token worth of shorts that can easily be squeezed on a very thin orderbook.
NFA DYOR (Beware that there is the RBN conversion tommorow which is the most important event regarding the token's tokenomics.Check:https://t.co/cnkdo5Hkpu)
RBN <> Aevo Conversion
The long awaited conversion day is coming soon. All $RBN holders are able to swap 1:1 to get $AEVO.
Here’s how you swap RBN to AEVO:
1. Go to https://t.co/ZdiQryJ3TC, connect your wallet, and click “Convert RBN to Aevo” in the bottom left
2. Enter the amount of $RBN you want to convert to $AEVO and click “Convert”
3. You will automatically receive $AEVO in your wallet.
The conversion UI will go live at 15 May 0800 UTC
In the next few days, we’ll also be releasing more info on the latest new products and partnerships that we’ve been working on for the past 2 months.
We think that this will bring more sustained, net new users trading on the Aevo Exchange.
Marc, a prominent character in the Aave governance is saying there will be a fee switch proposal next week. Remember what happened to $UNI just 1 month ago after the speculations of a fee switch coming. $AAVE is primed for some similar move imo.
The Aave treasury "Cash" (Eth & Stables) is now at 50m$. (2.5 years of operational costs)
Net DAO profits are currently at $50m/year and growing.
Temp check to activate "fee switch" next week.
You can track the treasury balances with @zapper_fi 👇
https://t.co/HNRTcA5jCf