Iβm not fanboying. Once you think deeply about it will all make sense #ZKP #Web3
If you only understood how cheap $GOLD is now. To put it in perspective, its current FIAT price only reflects inflation prior to 2011 π€― Any direct or indirect inflation following that time period has not yet been accounted for You donβt have to trust me. Trust the price action
π€― Zero-Knowledge cryptography is how the blockchain will connect to the outside world. As the ZK field matures, so will the blockchain use cases. Two computation models that were meant for each other. #zk #blockchain #evm #crypto #mina #Bitcoin #smartcontracts
Unlock the secret to predicting any asset's price! The 30-day federal funds rate futures contract on the Chicago Mercantile Exchange is the key. Learn how to use this unique indicator for profitable trading in this video. #Trading #Investing #Cryptocurrency #Futures
π¨π #Crypto DOWNβΌοΈ Exactly as I pointed out yesterday π‘Markets are very easy to predict, you just have to listen at what theyβre saying Always remember: #DeFi on-chain data is your friend
π¨π FIRST INDICATION OF #CRYPTO DOWNTREND $ETH supply APY at 3% on #AAVE, the highest value this month π©³The market is starting to short $ETH π‘REMINDER: Unfollow everyone saying that #Bitcoin is in a #BullMarket, as they have no idea what they are talking about
π¨πA bounce back into the upper part of the previous weekly rectangle is NOT a #BulMarket signal #Bitcoin will fall back down. So will the rest of the #crypto. Lower than previously Prepare your #shorts
π #Bitcoin #BullMarket CONFIRMED π¨ You MUST unfollow every single person saying that Bitcoin and #crypto entered a bull market, because they have no idea what they are talking about β‘οΈI challenge anyone to show me a single sign of reversal. There is none #TA
π¨π The failure and the bailout of $SVB and $SIVB has shifted the market's sentiment towards the #FED Funds Rate A rate hike now seems less likely
π¨ Despite the Goldman Sachs's statement regarding rate hikes and bank bailouts, currently the market is fully expecting a rate hike by 25bps Although things may change, specially with the Biden's speech In either case, QE is not yet back, so no bull market for #Bitcoin
Failing banks will tank price of #Bitcoin down with them, because most of money in Bitcoin are loans from those same banks
π¨ $PAXG is trading at an $80 premium over $GOLD The market sentiment is clear: there is a run from #crypto into #gold Selling your cryptocurrency for $PAXG is a good hedge against both, #Bitcoin and $USD You can always buy it back for a profit after
π¨πBank failures will NOT drive $BTC price up Most of crypto is financed by DEBT As banks like SVB are failing, both the stock market and crypto prices will fall on Monday How to profit: 1οΈβ£ Short #crypto 2οΈβ£ Buy #gold 3οΈβ£ Swap crypto for gold
π¨π $USDT APY on #AAVE is 60% This means that people are shorting $USDT. The market sentiment is that $USDT is overpriced. How to profit: 1. Short $USDT 2. Lend $USDT for a high APR. Should last until Monday 3. Do both This happened because of the depeg of $USDC
π¨π $USDT liquidity on #DEX pools decreased to almost ZERO, while $USDC liquidity almost doubled This is a result of mass swapping of $USDC for $USDT
π¨π $USDC is the 2nd smart contract with the most gas usage on #Ethereum, second only to #Uniswap $USDT is 4th, since massive swapping from $USDC to $USDT is taking across all pools in #DEX Depegging of $USDC can lead to the collapse of other #stablecoins and #crypto prices
π¨π $USDT reserves are depleting across all #DEX pools that have $USDC. Itβs not just the #3pool on #Curve, #SUSD pool is in the same situation. This is a result of massive liquidation of $USDC, due to SVB's collapse. The depegging seems to be more likely by the minute π³
π¨π $USDT reserves at the $USDC / $USDT 0.01% pool on #Uniswap are depleted π³ This indicates a massive $USDC liquidation. A lot of news saying that $USDC is safe despite #SVB collapse, but the market seems be saying otherwiseβ¦
π¨π $USDT reserves at #Curve's #3pool dropped below 3%!! This is the reason why $BUSD is trading below $USDT at #Binance Itβs caused by mass swap of $USDC to $USDT across the DEXes. Same happening on #Uniswap
π¨π Mass $USDC to $USDT swapping has caused $BUSD to fall below $USDT by more than 1% As $USDT reserves across #DEX are depleting, itβs also affecting #CEX like #Binance This is a result of the collapse of the Silicon Valley Bank, where $USDC has reserves
π¨ $USDT reserves at #Curve are almost depleted, with less than 4% of it remaining in the #3pool This is another sign of massive swapping of $USDC for $USDT, due to the collapse of #SVB $USDC depegging is on the horizon!
π¨ $USDC trading below $USD and $USDT above $USD Looks like everyone is swapping $USDC for $USDT because of #SVB collapse
Saying that Silvergate represents crypto is like saying that you represent the US Dollar, because you have them in your wallet. Not a single DEX collapsed for the same reasons. DeFi is building the best financial system in history. #bitcoin #crypto #defi #dex
Navigating the world of DeFi without a deep understanding of the economic and monetary theory is akin to navigating an unknown city without a map. Just because the buildings are made of the same material as in your hometown, doesnβt mean youβll find your way through #DeFi #crypto