zkSync airdrop 2 months ago left many disappointed. But we see the price of $ZK pumping more than other L2 tokens 45% since the dump.Who buying when everyone say it will dump Do the insiders know something that we don't? The 72.7% sell-off might seem alarming, but it's actually common in airdrop. Here why:-Many user are in for quick profits, Airdrop Farmer.-This doesn't necessarily reflect on zks value proposition but show the selling pressure that affect the price of $ZK at short term.The 25.3
We would likely see a #BTC rally into its death cross. You can see that rally has now arrived.So perhaps some context is needed. What happened during prior death crosses?
In 2023, started its rally just after the death cross. It then got above its 50D SMA and subsequently held it as support before going higher.In 2022, got a small rally into the death cross but it faded after the cross occurred.In 2021, rallied before the death cross and then it faded as it arrived.In 2020, rallied into the de
1) “The SEC’s refusal to allow the in-kind creation and redemption of spot BTC ETFs forces market participants to pre-fund many of their bitcoin ETF-related transactions,” says Matthew Sigel, head of digital assets research at VanEck, which manages a spot bitcoin ETF. 2) “Such a sequence makes the ETF process more capital intensive and thus more expensive to the end-user than it needs to be. If and when in-kind creation and redemption is approved, we expect trading spreads and the discount to NAV [net asset value] of bitcoin ETFs to narrow even more,” says Sigel. $BTC #BTC #ETFvsBTC
1️⃣ Ethereum is dying?
2⃣ Bitcoin FOMO by institutions
3⃣ XRP settled with the SEC?
There are three narratives making waves in crypto right now: 1️⃣ $ETH is dying 2⃣ $BTC FOMO by institutions 3⃣ $XRP settled with the SEC Let's dissect them one by one. An XL thread When both Bitcoin and Solana outperform Ethereum, you got to ask yourself some serious questions. ETH maxis and devs are already throwing the towel. What is going on here? I may have an answer to this puzzling conundrum by the end of a thread. Next.Ethereum is now suffering from the XLM curse. WTF is that? If yo
📈USA - Initial Jobless Claims = 233k (expected 241k / previous 250k) This is indeed a complex situation. Just a month ago, such macro data would have been considered negative because we saw fewer unemployment claims, which isn't great for reducing inflation. But today, the situation is different. Most are concerned that the U.S. economy might enter a recession, so data indicating that the labor market isn't weakening will now be viewed positively. That's the kind of data we received today, which is why the market is reacting positively. #usa #BTC
StarkNet, the game-changing tier-1 project, just secured a jaw-dropping $300 million investment.Hold on tight, because an incredibly generous airdrop is on the horizon.Ready for some easy quests? 🧵👇2/ Install the Argent X Walletbit.ly/ArgentxStarknet3/ Bridge any amount of ETH to the StarkNet network4/ Buying a domain (price $15)app.starknet.id5/ Follow to twitter @Orbiter_Finance6/ Doing easy questsstarknet.quest/quest/8That’s it. If you enjoyed my post please subscribe, like & leave a commen