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- 6# The Ape Board - 12th February, 2023
6# The Ape Board - 12th February, 2023
Curated feed sharing Alpha, events and insights into the crypto economy...
Hey guys! Hope you had a relaxing Sunday. Don’t worry, we have you all covered with the latest in crypto 😉
The crypto markets are down and it seems that ZK narrative is slowing off:
The global #crypto market cap today is $1.06T, a -0.09% change in the last 24h.
Total trading volume in the last 24h is at $60.1B.
#BTC dominance is at 39.64% and #ETH - 17.23%.13.02.2023 5:26:14 (UTC)
#DeFi#NFT#BSC#Tether#AVAX#XRP#TRX#Solana
— СryptoBubblesDaily (@cryptobubbles24)
5:28 AM • Feb 13, 2023
Volatility levels remain low and its all about money rotation right now:
The Crypto Volatility Index is at 55.15 📊
The CVI ranges between 0-200
0-85 ≈ Low volatility
85-105 ≈ Medium volatility
105-200 ≈ High volatility
Trade #volatility (CVOL):
Platform 👉🏻 cvi.finance
Sushiswap 👉🏻 sushi.com/swap?token0=0x…@official_CVI
$CVOL $GOVI— CVI Daily (@CVIdaily)
9:00 AM • Feb 12, 2023
Coinbase getting ready to fight the SEC:
Coinbase says Kraken news will not affect their staking program
Sources say they’re willing to fight SEC on this issue
— Frank Chaparro (@fintechfrank)
11:06 PM • Feb 9, 2023
Latest, Paxos to stop issuing BUSD:
WSJ: Crypto Firm Paxos to Stop Issuing Dollar-Pegged Binance Token
— Tree News (@News_Of_Alpha)
7:38 AM • Feb 13, 2023
SEC goes after BUSD issuer Paxos:
🤔SEC to sue $BUSD stablecoin issuer Paxos.
Our data shows now $BUSD has a ~$16.1B market cap and $13.45B ($14.43B if counting the binance industry recovery fund) is controlled by @binance.
To compare, the total assets value of Binance is ~$65.1B.
See:
watchers.pro/#/report/binan…twitter.com/i/web/status/1…— 0xScope (🪬 . 🪬) (@ScopeProtocol)
5:47 AM • Feb 13, 2023
Why is BUSD being treated as a security?
1/ RE: Paxos & BUSD.
The SEC issued a No Action Letter to Pocketful of Quarters - a crypto blockchain gaming token in 2019.
There was no ‘expectation of profit’ - a prong of the Howey Test - since the token value was fixed (like a stablecoin).
How can the SEC can treat a… httptwitter.com/i/web/status/1…
— Ram Ahluwalia, higher for longer crypto CFA (@ramahluwalia)
4:19 AM • Feb 13, 2023
Here is an excellent roundup of the last week macro:
Do you want to better understand last week's most important events across both macro and crypto ? Are you a visual learner?
Then join us for the 6th edition of our Charts of the Week, highlighting the most important recent events in macro and crypto.
Let’s dive right in! 🧵
— La Serenissima (@0xDiplomat)
4:14 PM • Feb 8, 2023
Lyn covers if Inflation is structural or temporary:
After the dust settles from a major event, whether inflation was just caused by temporary supply shocks or by monetary debasement is answered by one key test:
Did aggregate prices go back to their previous level, or no?
🧵
— Lyn Alden (@LynAldenContact)
5:12 PM • Feb 11, 2023
Now, lets check what the crypto quarters:
Blocmates with Sreeream Kannan covering EigenLayer:
I had the pleasure of sitting down with @sreeramkannan the founder of @eigenlayer last week.
We chatted about:
▪️What is ETH Restaking?
▪️The origins of Eigen Layer
▪️What kind of projects will build on Eigen?Link 👉 youtube.com/watch?v=tbIKte…
— blocmates. (@blocmatesdotcom)
6:00 AM • Feb 13, 2023
An analysis on the Arc Invest report:
Ark Invest just released their research report: "The Big Ideas 2023". And they predict this.
"1 Bitcoin = $1 Million dollar by 2030"
Nuts or alpha? I read thru its 39,576 words so you don't have to
Here're the top 5 crypto insights you need to know 👇
— Whospay Intern | Just got out of office basement (@whospay_intern)
2:11 PM • Feb 11, 2023
Who wins if Centralized exchanges are barred from staking:
1) @krakenfx, under SEC pressure, ends Staking-as-a-Service for U.S users - who benefits from this?
Let's dive in🧵
— vanillacream.eth ⛩ 🫘 (@0xvanillacream)
6:05 PM • Feb 10, 2023
Alpha around products offering RaaS (rollup-as-a-service):
1/27 🧵 The chain/rollup-as-a-service field is furiously heating up right now.
I count no less than 9 dedicated companies that want to compete in the space (not even counting L2s and L1s that may want a part of the action). Here's a whirlwind tour!
— Norswap 🏴☠️✨ (@norswap)
7:25 PM • Feb 12, 2023
Synapse and launch of Synchain:
A flightless bird reminded me that @SynapseProtocol has some near term FA catalysts that are worth getting bullish over despite the macro. I bought a bag. If it goes down, will DCA more.
🧵👇— CryptoCondom (@crypto_condom)
9:20 PM • Feb 12, 2023
Trading narratives is in:
Narratives is a word related to Alpha. Being ahead to a certain niche before it comes to fruition has been key to good investing for the past months
Need to know more? Here's a 🧵 on the current narratives
— RightSide (三,三) (@Rightsideonly)
12:34 PM • Feb 12, 2023
Sushiswap on Cosmos:
Probably nothing...
SushiSwap to launch on #Cosmos 👀
- @SushiSwap will launch a derivatives trading platform, and instead of building from scratch they bought @VortexProtocol, a not-yet-launched decentralized derivatives exchange built on @SeiNetwork
- Launch Q2 2023
(1/)— Airdrops (@Airdrops_one)
6:29 PM • Feb 11, 2023
ZKasino is live on Fantom:
ZKasino is now playable on Fantom!
Transaction speeds are at least 3x faster and fees are ~10x cheaper.
This is a MASSIVE upgrade for us.
Why? Let us explain 👇— ZKasino (@ZKasino_io)
5:52 PM • Feb 10, 2023
The Holy Grail:
I wrote a little about @CamelotDEX. Check it out open.substack.com/pub/vorpaxis/p…
— vp (@CryptoVorpaxis)
2:00 AM • Feb 11, 2023
GLP integrated into Sentiment:
🫐 BLUEBERRY ALERT 🫐
The $GLP integration is now LIVE on Sentiment 🎉
💸 Autostaked rewards
🌟 Capital efficient collateral
🙅 Up to 5x permissionless leverageJoin the future of finance today arbitrum.sentiment.xyz 🌀
— Sentiment (@sentimentxyz)
9:00 PM • Feb 10, 2023
Some deep Arbitrum alpha plays:
@arbitrum@CamelotDEX@MyMetaTrader@GMX_IO@GainsNetwork_io@bebop_dex@dopex_io@JonesDAO_io@solidlizardfi is the real hidden gem in Arbitrum Defi
They reach over $11 TVL in approximately 10 days.
The most undervalued permissionless liquidity market, community-oriented ve(3,3) dex.
Not yet listed on Defillama, Coingecko, CoinmarketCap ... you should take a look
— Arbitrum Daily (💙,🧡) (@ArbitrumDailyTK)
11:49 AM • Feb 10, 2023
Shiro’s roundup for the week:
I curated some Alpha for you this week🧵
This edition is quick & easy to read.
You will find:
▪️ Narratives & Catalysts
▪️ Bullish Partnerships
▪️ On-chain Alpha
▪️ Upcoming projects
▪️ Arbitrum Ecosystem Alpha& more! 👇
— Shiro (@CryptoShiro_)
6:43 PM • Feb 10, 2023
Weekly roundup of the latest happenings:
Latest developments in DeFi👇
— The DeFi Investor 🔎 (@TheDeFinvestor)
5:19 PM • Feb 10, 2023
Positioning for the job markets in crypto:
Some blockchains have been gaining traction these days because of what they are building.
New projects are being developed, and they will undoubtedly require the assistance of qualified personnel.
In this thread I will be listing solid blockchains you can search for jobs
🧵🪡
— MΞRCY DΞ GRΞAT 🦇🔊(♟,♟) (@MercyDeGreat)
6:45 AM • Feb 11, 2023
That’s all for today folks!
Please RT/follow and share if you found this valuable! :)
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