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- š¹ Oh, Trump Cooks with BlackRock Now?
š¹ Oh, Trump Cooks with BlackRock Now?
PLUS Curve might be the most underestimated DeFi project ever!
GM, weāre entering the next level.
Specifically, two levels: the left curve of on-chain retardio season and the right curve of the most bullish fundamental setup crypto has ever seen. If youāre versed in the Solana trenches, you know what I mean by āRetardio season,ā and you most likely also own a few Cousins, which are resurrecting the NFT space as we speak.
Fundamentally, as the real-life retardio Biden exits the presidential race, rumors swirl about Trump picking Larry Fink of BlackRock as his Treasury Secretary. True or not, weāre about to get a crash course on Trumpās crypto plans at this weekās Bitcoin Conference in Nashville on July 27th. Moreover, the already stellar speaker setup is now rumored to be joined by Elon Musk, who just showed up with a blue laser eyes pfp on X. Will Trump really roll in to shill Bitcoin and announce it as a planned strategic reserve asset for the USA?
Hopefully, this week wonāt end up being a typical buy-the-rumor-the-news week, but we canāt say weāre not having fun. Oh, and donāt forget, Ethereum ETFs are going live tomorrow. You can watch the inflows here on this dashboard.
If you havenāt alreadyā¦ hit the subscribe button and get the coolest welcome email in crypto!
autism/SOL Raydium 4H
Left curve chart today, which makes sense because Autism is a week-old meme, so TA is going to be limited in the guidance it can offer. However, we may have a new culture coin on our hands here. I started a little DCA and some limit orders on Friday that bagged me a 3x when I sold the local top yesterday afternoon UK time.
Now, Iām looking to scoop the first pullback. That blue line is the VWAP anchored to a yearāobviously not an appropriate timeframeābut for some reason, the yearly VWAP just keeps working as support/resistance on a huge number of new charts, so Iām basing my buy zone around that and the corresponding VPVR volume node.
NFA as per usual, please always do your own research.
Come by the Lucky Luke Discord channel for comments, to roast my picks or to pump your own bags. All banter is welcome any time!
Curve Finance - August is Coming
Will everything change for Curve during August? These factors, along with the possibility of ETH benefiting from the ETF listings, definitely paint a bullish scenario:
CRV unlocks finish 13th August 2024
Curve Finance emission rate gets cut by 15% in August
The locking rate increased by 100x in the past few weeks
Lock rate is currently 6x the emission rate
Fee distributions are now paid in crvUSD
Protocol makes around $700,000 weekly, paid to lockers
Letās say this: if these factors donāt confirm the bottom of CRV, nothing will. And thatās exactly the position of time where itās important to keep a maximum focus as we reach the point of maximum financial opportunity. Do your own research, this is not financial advice but a mere opinion.
Are you interested in revenue sharing protocols like Curve as potential long term investments? |
The important bits.
GMX (DEX) - Multiplier system is now updated - read
Sanko (Streaming, Gaming) - Season 3 airdrop distributed - read
Rage Trade (DEX) - RAGE token sale on Fjord coming week earlier, July 31st - read
Botanix Labs (Bitcoin EVM) - Partners with Ankr - read
Swarm Markets (RWA) - Cuts supply by 1/3 - read
DeFi Saver (DeFi Automation) - Integrated ODOS - read
Avantis (DeFi) - Reaches 9,500 reward campaign participants - read
EOS (L1) - Current staking APY reached 35% - read
Redacted (DeFi) - Migration to Dinero scheduled for today - read
Thales (DeFi) - Introduces zero-fee speed markets - read
Even more important bits.
Winklevoss backs John Deaton with $1Million to unseat Senator Elizabeth Warren - read
Chinaās central bank cut interest rates - read
Trump is considering Larry Fink for Treasury Secretary - read
Asia's first Bitcoin futures inverse product to launch in Hong Kong - read
SEC Chair will likely resign in early 2025 after Biden exit - read
Life gets busy so hereās what youāve missed.
An Avalanche Reawakening? Everything you need to know about ACP-77
Research
We've written a report on the Avax ACP-77 upgrade, and it's likely a game-changer for mass adoption!
Avalanche shitcoins are seemingly waking up today! I will let you enter the trenches on your own this time (check the Avalanche list on Dexscreener here) since advising these microcaps is very dangerous. But I can recommend you to use the Dexscreener filter and check these coins depending on volume and sufficient liquidityt. Good luck!
stay safe homies,
Hix0n š«”
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