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Jay - Web3 Matters
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In crypto: If you have fees show fees no fees show transactions no transaction show users no users show TVL no TVL show trading volume no trading volume show market cap No market cap show token holders no token holders show wallet connects no wallet connects approval go home 😂
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For anyone looking to get invested these are the TOP VCs by the numbers of deals invested !
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Attending the TOKEN2049 event in Singapore offers numerous benefits: Cutting-Edge Insights: Learn from leading industry experts about the latest trends and innovations in blockchain and cryptocurrency. Networking Opportunities: Connect with a global community of entrepreneurs, developers, investors, and thought leaders. Exclusive Announcements: Be the first to hear about groundbreaking projects and technological advancements. Diverse Speaker Lineup: Gain unique perspectives from over 200 speakers, including industry pioneers and regulatory experts. Investment Opportunities: Discover potential investments and meet emerging startups. Regulatory Insights: Stay updated on the latest regulatory developments, especially in the Asia-Pacific region. DeFi and NFT Focus: Deep dive into decentralized finance and non-fungible tokens through dedicated panels and discussions. Hands-On Workshops: Participate in practical workshops and technical sessions for hands-on experience. Access to Innovation Hub: Explore the latest tech and solutions from startups and established companies. Cultural Experience: Enjoy Singapore’s vibrant culture and dynamic tech ecosystem while engaging with industry leaders. Overall, TOKEN2049 provides a comprehensive platform to learn, network, and explore the future of blockchain and cryptocurrency in one of Asia’s leading financial hubs.
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#RWA for bitcoin sneakers by Nike Jorden. DM to order your custom bitcoin sneakers.
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The crypto markets have experienced a significant downturn in the last 48 hours due to six main factors: 1.US Recession Fears: Recent job creation and unemployment data fell short of expectations, raising concerns about a potential recession. Additionally, the Federal Reserve did not cut interest rates last week, suggesting a possible rate cut in September, which many fear might be too late. This uncertainty led to a $2 trillion dip in equity markets. 2.Bank of Japan’s Interest Rate Hike: Japan increased its interest rates from 0.1% to 0.25% due to inflation concerns. This move has negatively impacted carry traders who borrow Japanese Yen at low rates to invest in higher-yielding assets. The rate hike has made these trades unprofitable, leading to liquidations and a stronger Yen, further reducing the profitability of reverse carry trades. 3.Jump Crypto Liquidating ETH: Rumors suggest that Jump Crypto is exiting the crypto business amid an investigation, leading to a significant sell-off of ETH over the past week, exacerbating the market decline. 4.Dwindling Chances for Pro-Crypto Trump: In July, the crypto market was buoyed by promises from Trump. However, following an assassination attempt, Joe Biden stepped down, and Kamala Harris has revitalized the Democratic base, making it harder for Trump to win the upcoming November elections. 5.Middle East Tensions: Escalating tensions between Iran and Israel, along with their proxies, have raised fears of a broader conflict. Similar tensions in April led to a dip in crypto markets, and there are concerns that this time the situation might escalate further. 6.Mt Gox Bitcoin Distribution: Nearly a decade after its hack and bankruptcy, Mt Gox is finally distributing some of the recovered Bitcoin, adding more selling pressure to the market. Is there any other reason you think might be contributing to the market downturn? Let me know!
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