In 6 months, US-listed Bitcoin ETFs brought in over $14.7B in net inflows. Key takeaway? Interest in #Bitcoin and digital assets remains high.
Token prices and market caps fluctuate, but the long-term fundamentals of our industry is strong.
Stay focused and keep building! 🚀
🚨What happened in Crypto in the last 12h?🚨
- Discussion on $WLD Investment
- $ASI Merger is confirmed
- $GAL Gravity chain
- $MPL Rebranding to $SYRUP
- $MTL Migration date confirmed
- $GMX 5.4M ARB Incentive
- $UMA Huge OEV Update
- $SOL CME Futures (No plan)
👇
• $AGIX $FET $OCEAN - The ASI merger is set to be completed on June 13. Starting June 11, $FET will be renamed $ASI.
• #API3 - API3 has raised $4M in a strategic round led by DWF Labs. The VCs purchased at $2.8 per token.
• $GAL - Galxe has announced its own Layer-1 blockchain called @GravityChain. The first version of the network will start in June.
• $GMX - Arbitrum DAO has accepted GMX's STIP-Bridge proposal and will distribute 5.4M of ARB tokens to GMX as ecosystem incentives.
• $MPL - Maple has announced @syrupfi, a new protocol for Institutional Yield. MPL holders can migrate 1:1 to $SYRUP. Roadmap and timelines will be revealed on June 4.
• $MTL - Metal L2 plans a smart contract upgrade on June 24. (Snapshot: June 24, Airdrop: June 26)
• $SOL - According to db @tier10k, CME has no plans to offer Solana futures.
• $UMA - UMA has teased that a Huge OEV update tomorrow.
• $WLD - OpenAI's Sam Altman and Argentinian President Javier Milei discuss Worldcoin investment.
• $XPLA - XPLA has launched its own layer 2 chain. XPLA Verse functions as an L2 on Oasys’ game-specific blockchain.
• Gemini announced initial Earn distributions, covering 97% of assets owed since Nov 16, 2022. Users receive $2.18 billion in assets.
* * *
Image source - @lowercaseboot
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🚀 Here is how you can participate in #BybitEarnChallenge
1. Subscribe to the challenge by going to our announcement page
2. Commit at least 5,000 USDT to our structured product plans.
3. Post your biggest profit or loss on social media with #BybitEarnChallenge
The most compelling stories will win a share of the 10,000 USDT prize pool!
💫 Join Now: https://t.co/0clE4CzqLw
#TheCryptoArk #BybitTrading
USDV will be hosting StableFusion in Dubai on April 17th!
Join us for several engaging panels featuring industry leaders who will share insights into the future of the digital asset landscape.
Learn more about our panels, speakers, and sponsors: 🧵
RWA Sector Portfolios of Top VCs
The RWA sector has been dominating the market since the recent launch of BlackRock USD Institutional Digital Liquidity Fund👇
- $POLYX +200%
- $ONDO + 131%
- $TRU $GFI +100%
Which projects get adopted by BlackRock ?
1⃣ @MakerDAO $MKR
- DAI with RWA on Multiple Collateral
- Easy exposure to RWA, earning 15% APY just by staking $DAI
- $SPK is coming soon, DeFi whales are already farming $SPK.
- MakerDao's Endgame is set to launch in summer 2024.
- Endgame = New Brand, New Token
(1:24,000 Redenomination)
2⃣ @OndoFinance $ONDO
- $USDY, $OUSG, $OMMF, 3 products with an average of 5% APY
- Most exposure to BlackRock
- "World's first tokenized U.S. Treasuries" that packages BlackRock Treasury ETFs
3⃣ @TrueFiDAO $TRU
- Launched a new RWA lending platform called Trinity
- Crypto loans using tokenized RWAs as collateral
- Launched USD-based $TRI, tokenized T-bill product $tfBILL, yielding up to 15% APY
4⃣ @goldfinch_fi $GFI
- $USDC-based credit lending
- Solid teams, Founders from Coinbase
- Approx. 8% APY
- Low cap RWA
5⃣ @centrifuge $CFG
- RWA Product like loans and US Treasuries,
4-8% APY
- On-chain asset management: Comming soon
- Centrifuge Prime: Comming soon
6⃣ @maplefinance $MPL
- Institutional Lending Platform, up to 15% APY
- New roadmap and product announcements coming March 27th
- Recently expanded to Base eco
- Low cap RWA
7⃣ @ClearpoolFin $CPOOL
- RWA lending Platform, up to 17% APY + $OP Reward
- Recently expanded to MANTLE eco
- Low cap RWA
8⃣ @xendfinance $RWA
- Migration from $XEND to $RWA
- Recently rebranded as the World's first RWA L1 solution
- Not yet listed on a major exchange
- It's x3 since the rebranding announce, but M.cap is still low
9⃣ @Parcl $PRCL
- Parcl Points season 3 Ongoing
- TGE Soon (after season 3 end)
- @hoa_nft NFT holders receive points boosting
🔟 @MountainUSDM $USDM
- The first regulated yield bearing stablecoin
- USDM holders will benefit from BUIDL, as a core asset for USDM Reserves
*BlackRock USD Institutional Digital Liquidity Fund (BUIDL)
- $USDM is rated by S&P for secondary market stability and recognized as an eligible product
* * *
I hope you've found this thread helpful.
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We're bridging #CeFi and #DeFi, enabling #ETHS holders to stake on #BTC Layer 2 #MerlinChain.
Milestone: Over $65m AUM, which is ~35% of all ETHS in circulation. And we're only getting started 😎
With our strategic network across custody solutions and institutional-grade services, BIT is moving the industry forward.
🤝 @MerlinLayer2
Read more here ⏬
https://t.co/yZsLOhOpeA
It is an honour and with the deepest humility that I step into the role of Binance’s new CEO.
We operate the world's largest cryptocurrency exchange by volume. The trust placed on us by our 150m users and thousands of employees is a responsibility that I take seriously and hold dear.
With CZ, and our leadership team’s support, I have accepted this role so that we can continue to meet and exceed the expectations of stakeholders while achieving our core mission, the freedom of money.
The foundation on which Binance stands today is stronger than ever.
To ensure a bright future, I intend to use everything I’ve learned over the past three decades of financial services and regulatory experience to guide our remarkable, innovative, and committed team.
My focus will be on:
1) reassuring users that they can remain confident in the financial strength, security and safety of the company
2) collaborating with regulators to uphold high standards globally that foster innovation while providing important consumer protections
3) working with partners to drive growth and adoption of Web3
We are here to stay. Please lend me your support. Excited for the days ahead!