YEET.com has been doing some cool stuff lately in the crypto casino space, so we’re giving it a shout-out for anyone who’s been meaning to check it out.
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, it’s getting gnarly.
And I’m not talking about the Epstein files or the fact that Epstein might be Satoshi, but our dear magic internet money coins.
BTC managed to dump all the way to around $72k, around two bands below Saylor’s average, while quickly recovering and hovering above $75K as I'm typing this.
These times are pretty harsh for holders, especially ETH heads. And I mean, I like you, Vitalik, but FUD-posting L2s and selling over a million dollars' worth of ETH during all this (plus with the most negative funding since 10/10) isn't too helpful. I hope that, in the end, at least MegaETH benefits from all this, as Bread assured us he expected this “years ago”.
No wonder ETH now flexes the lowest RSI against silver since 2022 and 2018 bottoms. Speaking about bottoms, they might be printed sooner than many think. If BTC dumps to $60K, is it really that far from here? Plus, we already see pretty powerful signals that the bottom is near, at least if we consider the past as a guide.
Also, if you haven’t noticed, Binance is struggling to process withdrawals during all this mess, and looking at this chart, their stablecoin reserves have already dropped by $4.1 billion. So, FTX 2.0 and mark the bottom, shall we?
If something like that happens to Binance, I have a feeling we might see the Mother of all Pumps on HYPE. It’s already rapidly eating up Binance’s market share, especially lately. Check it out.
Back to Bitcoin, why $60K as THE bottom? It might be as simple as looking at this Yearly Liquidation Heatmap and believing crypto as a whole will survive, as always. Be safe, see you tomorrow.
👇 And if you haven’t yet, hit subscribe below 👇
The important bits.
Neutrl offers asymmetric yield independent of market conditions, learn and earn here
edgeX publishes the pre-TGE Weekly Distribution statistics; check it here
Grant explains why every asset will soon be tradeable onchain, with QFEX seen all over onchainmarkets.fun, check it out here
Plasma has overtaken Ethereum as the PT hub for sUSDe, read here
Jumper explains its massively fast evolution in a new podcast, listen here
Saga’s CEO Rebecca Liao will be live on the Schwab Network podcast, tune in here
blocmates breaks down the Newton Protocol, full article here
Builder Codes are live on Nado Testnet, read here
hwHYPE is now collateral on HypurrFi Mewler Markets, join and earn here
Ventuals introduces a V2 version, read here
MetaMask partners with Ondo Finance to offer tokenized US stocks, read here
Ethena Exchange Points are live on Ethereal, read and get rewarded here
Ondo Finance comes out with massive announcements, more info here
Hyperliquid will soon default new users to a unified account mode, read here
Even more important bits.
Polymarket announces launch of a "free grocery store" in New York City, see here
AI agents can now rent real people through a new marketplace, read here
Stani Kulechov has bought a £22M ($30M) mansion in Notting Hill, read here
Germany now offers 0% capital gains on Bitcoin held for one year, read here
French police raided X's headquarters in Paris, read here
Charts and stats of the day.
BlackHaven reached 45,000 users in the early access campaign, read here
jupUSD is now deeply integrated in BlackRock’s BUIDL, charts here
More than 80% of transaction volumes on x402 last week were on Solana, chart here
10-Year Treasury Yield approaching highest level since August, read here
Lastly, our daily Telegram bulletin is back! Join in right here and stay on top of everything, every day.
Today’s bulletin:
The Newton breakdown article:
blocmates X DeFi Dad podcast:
What if, my frens, what if (plz Mcrib do your thing)
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).
Hyperliquid Bera Resistance
Is it time to finally accept that most of the altcoins will forever underperform, while HYPE continues to march higher? Well, if you’re a HYPE bulliever, this one might be interesting for you:
Showdown (MegaETH, Card Game) - Now playable for real money
Incentive (L1 Blockchain where every action counts) - Mainnet launched
RiseX (Next-gen perpetuals) - Launches Testnet Trading Competition
World Computer Netizens (MegaETH NFT) - Last chance to get whitelisted
Raiku (Solana update to rival NADAQ)
Vegas (Hyperliquid) - Announces upcoming HIP-4 prediction markets
A pure blocmates cook! Every asset, stocks, commodities, forex, indices, and pre-IPO to be found on onchainmarkets.fun. Save this!
Should we simply not believe any narrative and follow mainly price action? I mean, the saying that “everything is in the charts” has a lot of truth in it after all…
Hix0n 🫡
