Why is BTC dumping right now?
BTC just had it's 3rd closure below the 200 week EMA in it's entire history. Historically, this indicates much more pain is to follow, and smart traders know this. This is why the markets violently crashed as soon as we hit 12:00 AM UTC.
@dark_horse@SenLummis Blockchains, wallets, validators, and liquidity providers seem to be excluded based on genius act's definition of DASP; and the permissible activities provide plenty of work-arounds (i.e Based on permissible act B, you could be exempt by simply using a specific platform)
@gtscottyyy@HyperFND Hey man keep selling them to the assistance fund. Better than releasing new tokens to the market. Would be the same tokens in rotation
@dnapway Would be concerning if DEX volume as a whole didnโt increase.
This appears to be mostly due to new money flowing in, not money flowing out of HL and into other dexโs
@VikingoDigital_@HyperliquidX This may be a fetch, but $HYPE purchased by the assistance fund are commonly thought to be "burned". To my knowledge, this isn't true.... Imagine if they airdropped those tokens as well... That's another 4% of total supply, and growing every day.
@andyyy How bout get your skin in the game buy buying some $HYPE, giving all revenue to buybacks, and making your damn revenue off $HYPE MOONING.
The revenue is $HYPE