šŸ’¹ Oh, Trump Cooks with BlackRock Now?

PLUS Curve might be the most underestimated DeFi project ever!

GM, weā€™re 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 youā€™re versed in the Solana trenches, you know what I mean by ā€œRetardio 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, weā€™re about to get a crash course on Trumpā€™s crypto plans at this weekā€™s 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 wonā€™t end up being a typical buy-the-rumor-the-news week, but we canā€™t say weā€™re not having fun. Oh, and donā€™t forget, Ethereum ETFs are going live tomorrow. You can watch the inflows here on this dashboard.

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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, Iā€™m looking to scoop the first pullback. That blue line is the VWAP anchored to a yearā€”obviously not an appropriate timeframeā€”but for some reason, the yearly VWAP just keeps working as support/resistance on a huge number of new charts, so Iā€™m 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

Letā€™s say this: if these factors donā€™t confirm the bottom of CRV, nothing will. And thatā€™s exactly the position of time where itā€™s 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.

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The important bits.

  • GMX (DEX) - Multiplier system is now updated - read

  • Sanko (Streaming, Gaming) - Season 3 airdrop distributed - read

  • Curve (DeFi) - Now deployed on Mantle - 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

  • Chinaā€™s 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 hereā€™s what youā€™ve 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 šŸ«”

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