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They’ve been putting out a bunch of fun, crypto-themed games with plenty more coming. Play games and climb up the leaderboard to earn points.
And guess what, YEET is giving out $3,000 just for you to come and play, every month. Sounds good?
If you`re an interested (and responsible) gambler like myself, simply join using this link or use the code blocmates500!
GM, what’s the plan?
Scare the hoes first, send it later is the one I currently vibe with the most. As mentioned yesterday, this might just be the “Big Friday pre-dump”. I’m not sure if it continues into tomorrow's price action or if the higher low gets printed here around $90-91K, but that’s precisely what we should focus on now, in my opinion: higher low watch.
If BTC fails to print this one and closes under $90K without providing a quick fakeout back higher, we can consider the immediate bullish momentum as lost. Key word: immediate.
To the upside, we kept mentioning $93K level as the key upcoming flip (on the way to THE KEY one - $107K), and it’s good to see CBS illustrate just that today in his chart.
If BTC manages to continue its upward momentum, alts should remain in our sights, especially when ETH/BTC looks as bullish as this.
I think both possible outcomes are good, overall. On Monday, we mentioned we want to see a more reserved, fearful approach without participants going Full Retard too soon. Today, this slight dip caused a rapid rise in Fear, as the Fear&Greed Index dropped from Neutral (42) all the way to 28. Good, crawl away in fear (refer to “hoes” mentioned above).
Meanwhile, the Orange Man is doing everything in his power to let the markets pump into midterms: 50-year mortgages and single-home buying bans for institutions to save the housing market, calling for rate cuts all the way to 1%, you name it.
He'd better go for it and pump the numbers, because the actual numbers, such as employment, are looking the worst since the Covid crisis.
Lastly, it seems that if we want to make money on prediction markets, we should start following the Jewish footsteps. Who would have thought Israelis are this good at leveraging the tools available to make money? I surely would have no idea about any of this, ehm.
👇 And if you haven’t yet, hit subscribe below 👇
The important bits.
Surf power-user builds an Ethereum dashboard entirely on the Surf API, try it here
Pyth Network underscores the TradeXYZ “GOAT” status in a post highlighting partners powered by its oracles, read here
Saga breaks past $30 M TVL and teases the return of “Saga Vibes Hour”, read here
Nado reached $110M Open Interest in private alpha, check the project here
Community reports Neutrl lifting Pendle’s cap for sNUSD farming to $100M, pushing APY to ~13.8 %; explainer here
Kintsu “Chill Spaces” coming up today, tune in here
Yield Basis ETH vault filled up in just 1 minute ($25M), read here
QFEX lists TSLA, META, PLTR, plus Silver and Uranium, trade them on chain here
SEDA is powering Nunchi as it is building tech to distribute better markets, details here
SEDA explains how it enables TROVE markets to offer 24/7 Pokémon/RWA markets, read here
Aave’s Horizon RWA market crosses $600M in net deposits, read here
TROVE announces perpetuals on prediction markets with Polymarket, read here
Even more important bits.
Charts and stats of the day.
crvUSD from Curve is constantly growing, check the chart here
Open Interest on BTC rose by $900M overnight, chart here
Circle has minted $2.25B in $USDC since the start of the year, read here
Open Interest & volume is going up only for TradeXYZ, chart here
HIP3 markets Open Interest is up 65% since last month, sitting at $340M, chart here
HyENA by Ethena now captures 15% share of all HIP-3 markets, read here
Jan. 7th blocmates Bulletin:
Oh. I mean, kind a funny analysis, but imagine this actually works out…
Telemetry data of the day.
Top trending tokens for the last 24h:
If you want to access more of this type of data and trade freshly graduated tokens on PumpFun or Bonk, visit Telemetry here (it’s free).
PrismFi: the Core of MegaETH? (+ a bonus one).
Yesterday, we went over a general all-around approach in preparation for the MegaETH mainnet launch (and MEGA listing). Jump here if you missed it.
Today, I would like to highlight PrismFi, a custom-made liquidity hub (or DEX), specifically designed to become the go-to place for swapping or bridging to MegaETH.
For example, PrismFi just unveiled upcoming 0% fee cross-chain swaps on MegaETH. I mean, for sure, I will be using this on day 1, and I won’t be alone. I mean, look at Bread shilling this one “Jupiter of MegaETH”. It’s a hyped one.
Important to note here, PrismFi is a very community-focused project. In fact, they call themselves a “100% community-oriented DEX”. What this language means to me, especially as a Bad Bunnz NFT holder, is one thing and one thing only: an airdrop.
Why Bad Bunnz, you ask? Well, look no further than here. These two are closely interlinked. It’s almost as if Bad Bunnz = PrismFi, you know what I mean.
Onto the bonus one, the OHM of MegaETH, made by my good old friend Jawz, the original OHM creator, or one of them. Introducing: BlackHaven.
BlackHaven is very interesting, so let’s dive into our upcoming MegaETH ecosystem/airdrops breakdown article. Coming soon, stay tuned.
DayDreams Systems (x402)
Solana Seeker Phone token (SKR) - Launching January 21st
Future DAO (Community-owned prediction markets) - Pre-sale soon
Where can I ape defense stocks on chain again?
There’s always something to do in this space!
For example, I’d like to give a shout-out to Harbor, a brand-new DeFi protocol that is partly powered by technology from the f(x) Protocol team (nice tokenomics explainer here). If you remember f(x) and FXN (we dived into it here), you know it’s blue chip quality even despite the latest price action.
What do I mean by “there’s always something to do” in this case, then?
You can simply join the Harbor Discord and start ranting about it on X. It's still pretty much uncrowded, and if your content has at least some reach, you can begin earning the TIDE airdrop simply by ranting on X. Nice, isn’t it?
Hix0n 🫡
