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wormhole$W is losing ground

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@CryptoLiterate

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The next Bitcoin halving is coming up in approximately 11 days with 1,586 blocks left: ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ 99.2% @CryptoLiterate

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Arthur Hayes forecasted a drop in Bitcoin prices around the halving, attributing it to tighter US dollar liquidity that could fuel a sell-off in crypto assets. He anticipates that after May 1, a slowdown in Quantitative Tightening (QT) will realign with the typical pace of US inflation, potentially stabilizing the market. @CryptoLiterate

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Clearstream is participating in the ECB's digital euro trials, focusing on DLT-based tokenized securities transactions. @CryptoLiterate

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The funding rate on BTC futures has reached its lowest level in recent weeks, and with the price back above $70,000, this is a bullish signal, because the higher the funding rate goes the less likely it is for a price to go up without a correction 💁‍♀️ Bitfinex Securities is launching a $6.25 million tokenized debt issue to construct a Hampton by Hilton hotel complex at El Salvador International Airport 🏨 A Montenegrin court once again approved the extradition of Do Kwon, leaving the decision to the Justice Minister, who has repeatedly sought Do Kwon's extradition to the United States ⚖️ Paraguay’s lawmakers have paused progress on a crypto mining ban and now considering the benefits of selling excess energy from its Itaipu hydropower plant to miners instead of exporting it to Brazil and Argentina 🔌 🔹 Last 24 hours top 3 gainers: Bittensor - $760.38 (↑7.92%) NEO - $23.1 (↑18.20%) JasmyCoin - $0.024 (↑18.80%) @CryptoLiterate

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This is the LDO price chart vs the LDO market cap, notice anything? Yes, the price is lower than a few years ago 😕 • In June 2021 Lido was $2.60, with $60M market capitalization. • Today Lido is $2.51, with 2.23 billion market capitalization. Despite growing from nothing to over $30 billion of staked ETH in Lido protocol, LDO buyers made no money. 👉 That's why it's so important to study tokenomics. LDO doesn't rebase, there is no staking, and holders never get any revenue share of the Lido protocol You can bet on a project that will become incredibly successful and grow thousands of times, but you will not earn a penny on the growth of its token 💀 @CryptoLiterate

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