This feels like the first in a series of bitcoin/ETF news that brings inflows over time. First a trickle, then a flood imo. Obvious outcome here is for bitcoin price appreciation over time and in turn crypto assets as a whole.
Raydium’s fee switch was turned on when the protocol went live on Feb 21, 2021
In that time, over $200m has been allocated to buying back more than 25% of circulating supply
Regardless of timing, Uniswap’s fee proposal is a welcomed change despite dozens of protocols already setting precedent
Here’s to hoping this kick starts a fundamental re-rating of revenue generating DeFi protocols
The question most on here should ask is not :
¨is the top in or not¨?
but
¨did i take enough profit on the way up since 15k¨?
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if you took enough profit, it does not matter if the top is in or not
if you didn´t, next bearmarket will be very painful again
personally think bullmarket is not over and remain allocated to btc (with what i want to risk). but in case it is, already always have enough out as well which gives peace of mind. i know people on here hate dollars, but that is what most of us still spend (how many really pay with btc all the time) so taking some of that out is always wise
ok, now bring on that final flush down through support so i can open some leverage longs and we can continue going up again.....🤣😉😘