I think the most bullish thing for the market would be an ETH-led rally ETH is the best bell-weather for institutional appetite for crypto-focused tech/innovation To progress to the next phase of the cycle we need non-crypto natives to believe in the tech-driven vision Memes

If DeFi didn't exist $ETH would be like $400. DeFi adds the most mcap & utility to the ETH asset by far, not the reverse. It's not a coincidence ETH sentiment is not great exactly when DeFi's being slept on. The only road to ETH ATH is through DeFi, time for people to wake up.

ETH had a bullish engulfing close yesterday and is holding pretty well overall. I think a lot of people will try to short the 2800s as a clean S/R flip, so it could squeeze higher from there. On an annualized basis, it is at February and April lows, which led to decent rallies

calculated the value extracted from memes on solana: - trading bots: 229.8m - pumpfun: 89m - MEV: rough approximation ~200m TOTAL: 518m extracted + 270m lifetime raydium fees (not all memecoins tho) + SOL locked in memecoin LPs + extraction by insiders

Sonic Labs (prev. Fantom) 💥 Andre Cronje He always wakes up before defi summer!

Eth / defi rally next

📌 Recap on last Tapioca Foundation taptalks 📌 1⃣ Chaos Labs report on $ZRO as collateral: 👉Volatility on $ZRO is slightly better than $ETH. A 53% LTV is recommended; this is, mint 53 USDO$ per 100$ worth of $ZRO. 2⃣ Risk management: 👉Since $ZRO is not enabled as collateral

Coinbase holds $52 Billion of Bitcoin. They’re the top holder of BTC with over 4.3% of the supply. How much of that is coming to DeFi?

I've been vocally bearish in the 70-60k range And while the charts look even worse than they did back then The market feels much better now, a lot of shit has been washed out, a cleansing is underway Just wish the charts were not beyond fucked, it's hard to make bets like this

I have been told that I need to "do less philosophizing and do more ethereum bullposting". Hence, here is an ethereum bullpost, courtesy of stable diffusion 3 inpainting + gimp.

Hehe

JUST IN: Nasdaq seeks SEC approval to start trading #Bitcoin options.

While I disagree we need to make Ethereum “great again”, there are a few strategic things I’d like to see as a rollup builder: 1. More physical nodes (8k is not enough, let’s aim for 16k) 2. Dropping 32 ETH requirement / enabling more provable decentralized committees (something

JUST IN: 🇨🇭 Switzerland's fourth largest bank, Zurich Cantonal Bank, launches #Bitcoin & Ethereum trading.

🇪🇺 eu/acc A few weeks ago Mario Draghi asked my recommendations for his report that came out today about European competitiveness I had a call with him and summarized my problems with doing business in the EU I wrote this which is included in the report presented to the

gm

gm, the food taste so good... And what a luxury to be able to have more than one piece of fruit per day! I know some of you may have a lot of questions. I won't have all the answers. Let me chill for a bit. Then figure out the next steps. There are always more opportunities in

JUST IN: 🇺🇸 FED's Bostic says he is open to another 50bps interest rate cut in November.

x.com/i/article/1843…

Builder Spotlight Series TL;DR - Tapioca Foundation Had twMatt come chat all things Tapioca, their use of LayerZero and how its time to make defi great again. for those that missed it, here's the tl;dr 👇 What is Tapioca? • Omnichain Money Market • CDP protocol taking the