Price up funding negative,
$BTC Options Max pain at 75k,
If we're lucky we end the month at 78k, covering last month's open.
Hated rallies are the best rallies,
In the future @circle will be forced to either:
- Share revenue with users.
- Buy the default spot in big exchanges like google pays apple 20bil for default search on iphones.
Knowing circle they will choose the first option right ?
Right...
Over the past 6 months, I've traded $1.6B volume on Lighter and currently sitting at $2.6M in profits.
For the same volume on Binance (0.05% taker)
I would’ve paid $821K in fees with a net profit of $1.81M
Zero fees = Edge
🕯️.
Now that is a surprise to be honest.
@samkazemian as CTO of @stable blockchain.
It looks a bit strange to be honest given he is the CEO of @fraxfinance, an independent Stablecoin issuer with its own L2 supposed to become a L1 (and potential Stable competitor).
Also given that Stable is backed by @USDT0_to it seems the blockchain would be focused on $USDT and not $frxUSD.
I don’t really see how you can be efficient as both CEO and CTO of potentially competing entities. Hard to make sense.