It is better to wait for exchanges to prove more transparent (PoR)before returning, before which it is recommended to repatriate fiat currencies and move to cold wallets to reduce exposure
FTX is considered by many to be an almost impossible exchange to fail, some players within the circle to move their money out. without clearer regulation, institutions or retail investors will be less likely to enter the market.
The stablecoin involved here is from the cross-chain bridge, which is not the original stablecoin. Therefore, the risk degree is higher than that of ordinary stablecoin, but it also has a higher interest rate subsidy. Total exposure is not recommended to exceed 3% of total funds.
Stablecoin mining is provided by the StellaSwap protocol on the Moonbeam chain. Currently, each stablecoin USDC/USDT/BUSD/FRAX has an annualized interest rate of about 30%.
ETH ended the consolidation range of nearly a month, most people may ask that the bull back? We thinks the probability is low, for the following reasons:
Special attention should be paid to the FOMC meeting at 02:00 on Nov 3 and the non-farm data at 20:30 on Nov 4 . There will be big fluctuations before and after the release of economic data.
#Matic (Long):
1.Reddit NFT goes viral, bringing Polygon millions of new users
2.The zkSync2.0 mainnet is coming online soon, and Polygon is one of the projects developing zk-EVM
Trading based on 100% technical analysis without considering fundamental analysis sometimes leads to tragedy. We chose two examples with catalysts. If the price also shows strong trend, it’s a good time to pay attention.
#GMT (Short):
1.Stepn has opened GMT earning, supply will increase
2.Daily active user in the game continues to decline
3.Private sale allocation will be unlocked from next March