#LiquidationHeatmap What Are The Risks to Liquid Staking?
Liquid staking and restaking have become popular options. However, they are not completely without risks. We look at some of these risks.
Liquid staking gained popularity in a short timeframe. It allows you to get twice the rewards compared to single staking. You single stake an asset and in turn you receive a liquid staking token (LST). So, now you can use this liquid staking token again in DeFi. So, you get rewards for staking your initial assets and for staking the LSTs. But you can also restake your LSTs.
However, is liquid staking and liquid restaking without risk? Letâs find out.
What Is Liquid Restaking?
Liquid restaking gives a new meaning to liquid staking. It allows you to use your underlying staked $ETH to secure another protocol. You earn more yield with your underlying staked $ETH. This results in increased capital efficiency. In other words, you stake your $ETH and receive an $ETH LST in return. Now you stake this $ETH LST in a different protocol or invest it as you like.
#Web3WalletWonders
When doing this, AVS and AVS location play an important role. This is of importance for restaking protocols. They need to make sure that their users can use their LSTs in a safe and secure way. So, that also makes it important for us, the users. Letâs take a look at what the AVS and their allocations are.
$SOL
Actively Validated Services (AVS) are blockchain-based apps. However, they operate outside the EVM or Ethereum Virtual Machine. These services can also utilize restaked $ETH for their security. For example,
âą Layer-2 chains.
âą Data availability layers.
âą Sequencers.Â
âą DApps.Â
âą Oracle networks.
âą Cross-chain bridges or
âą Virtual machines.
AVS allocation refers to the criteria used to assigning staked $ETH across AVSs. This also includes Node Operators (NOs). These AVS allocations play an essential role. Thatâs because they immediately impact the security and growth of liquid restaking protocols.
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Ethereum (ETH): 20% Rise Is Imminent â perspective by CoinPedia
The price of Ethereum broke below the support at $2500, which revived the possibility of a restest of the next support at $2200. Therefore, a structural higher low is going to form in a deep value zone following a breakdown from the rising wedge. The bulls have halted the bearish trend with a reversal above $2500 while the next price action remains uncertain. If the bulls maintain a healthy upswing, a rise above $2700 may elevate the levels to $3000. As the crypto winters are about to begin, the bullish probability remains within a limited range.Â
Therefore, if the price loses the current support zone between $2350 and $2416, then a drop close to $2000 could be imminent. This move may attract the required liquidity, which may revive a strong ascending trend.Â
The ETH price is still trading above the EMA 50 support level in the longer time frame and hence there could be a possibility of a price capitulation. Therefore, the sluggish phase is expected to go on where the price may continue its trade within a narrow range. Hence, the Ethereum (ETH) price is believed to maintain a range-bound trade for a few more weeks, which may result in a bullish breakout beyond $3000.Â
#TON #DOGSONBINANCE #TelegramCEO #EthereumPower #ETHđ„đ„đ„đ„
$ETH
đ **Bitcoin Bounces Back! Will September Be a Game-Changer?** đ
Bitcoin has shown incredible resilience, surging from $45,500 to over $64,000âa 40% recovery! This bullish trend is fueled by potential interest rate cuts hinted by Fed Chairman Jerome Powell, which could boost volatile assets like crypto.
đ **Key Highlights:**
- **Macro Impact:** Powell's remarks suggest a cooling job market and sustainable inflation, paving the way for lower interest rates.
- **Institutional Trust:** Bitcoin ETFs saw a net inflow of $17.86 billion in August, indicating strong market confidence.
- **Market Dynamics:** Stablecoins' market cap rose by $6 billion, showing robust liquidity.
đŹ **What are your thoughts on Bitcoin's future? Share in the comments!**
đ Meme Coin Market Downturn đ
$PEPE $BONK $WIF đ‎ïžđȘ
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The meme coin market is experiencing a significant downturn đ, with WIF, PEPE, and BONK being among the poorest performers đ€. This "meme coin bloodbath" đ is characterized by substantial price drops đž, leaving investors and enthusiasts wondering about the future of these coins đ€.
đ Causes of the Downturn:
1. đȘïž Market Volatility: Cryptocurrency markets are inherently unpredictable đ€Ż, and meme coins are no exception đ
ââïž. Price fluctuations can be drastic and unpredictable đ.
2. đ Lack of Fundamental Value: Meme coins often rely on community sentiment đŹ, hype đŁ, and speculation đź rather than inherent value or utility đĄ. This makes them vulnerable to market whims đ„.
3. đ€Ż Over-Saturation: The proliferation of meme coins has led to a dilution of interest and investment đ. With so many options, investors may become disenchanted đ and move on đ.
đ Statistics:
1. đ WIF: Down by 70% in the past week đ°ïž, indicating a severe loss of value đž.
2. đ PEPE: Decreased by 60% in the past fortnight đ, showing a steady decline đ.
3. đ BONK: Fallen by 50% in the past month đ, demonstrating a consistent downward trend đ.
đĄ Future Implications:
1. đȘ Market Correction: This downturn may be a natural correction after a period of hype and speculation đź. The market may be adjusting to a more realistic valuation đ.
2. đ Community Resilience: The strength of the community and investor sentiment will be tested during this challenging time đ€. Will the community rally behind their favorite meme coins? đ€
đ Conclusion:
Investors and enthusiasts must remain cautious and informed in these volatile markets đ. It's essential to understand the risks and rewards associated with meme coins and to make informed decisions đ€.
đ DOGS Token: Whatâs Next on the Horizon? đŸ
With DOGS now making waves on major exchanges like Binance and Bybit, the big question is: Will it rise or keep slipping? Letâs dive in!
đ Recent Highlights:
- Initial Surge: DOGS burst onto the scene on MEXC at $0.014, quickly spiking to $0.015 thanks to soaring excitement and trading volumes.
- Sharp Drop: Post-peak, it tumbled to around $0.00129 as early investors cashed in, marked by a sea of red candlesticks.
- Current Stability: Settling at around $0.0013, the token shows signs of calm with reduced trading activity.
đ Whatâs Next?
- Bullish Scenario: Should Pavel Durov, a pivotal figure behind DOGS, get released from jail, we could see the price leap to $0.0025-$0.0030 as enthusiasm returns.
- Bearish Scenario: If Durov stays detained, negative sentiment might drive the price below $0.0010.
đ Key Levels to Watch:
- Resistance: $0.001500 - $0.002000
- Support: $0.001000 - $0.000800
âš Final Thoughts:
DOGSâ journey is closely tied to external factors, especially Pavel Durovâs legal status. Positive news could lift the token, while ongoing issues may lead to further declines.
#BinanceBlockchainWeek #BNBChainMemecoins #BlackRockETHOptions #CryptoMarketMoves #Raiteam
đđ»đđżđŒđ±đđ°đđ¶đŒđ» đđŒ đ§đąđĄ đđźđđ»đ°đ”đœđŒđŒđč đŒđ» đđ¶đ»đźđ»đ°đČ:
The TON Launchpool on Binance offers users a unique opportunity to earn rewards by staking their crypto assets. By staking $BNB or $FDUSD users can earn Toncoin ( $TON ) rewards over a set period. This initiative from Binance provides easy access to new and promising projects, making it a compelling option for both new and experienced investors.
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đ:
To get the most out of the TON Launchpool, users should stake their BNB, TUSD, or FDUSD in the available pools on Binance. The more you stake, the greater your potential TON rewards. Staking in a launchpool is a low-risk strategy for increasing your holdings since you can withdraw your assets anytime without losing your staked tokens. This makes it an attractive option for earning additional crypto assets with minimal risk.
đčđđđđđđđđ đ«đđđ:
The TON Launchpool runs for a specific duration, so it's crucial to keep track of the remaining days to maximize your rewards. It will end on 2 September. So only 5 days are remaining .
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The total rewards for the TON Launchpool are substantial, often totaling millions of TON tokens. The rewards are distributed based on the amount you stake, so contributing more to the pool increases your share. Participating in the TON Launchpool not only provides you with potential earnings but also gives you early access to the TON ecosystem, which could have significant future value. Donât miss outâjoin the pool before it closes!
#TONLAUNCHPOOL #SuperEarn #DOGSONBINANCE #TON #TelegramCEO
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$MATIC
Matic (MATIC) will be delisted from Binance on September 10, 2024, at 3:00 UTC . This is because Binance will support the Polygon (MATIC) token swap to Polygon (POL) .
1- *Delisting of MATIC spot trading pairs*: All existing MATIC spot trading pairs will be delisted, and pending orders will be canceled 2- *Suspension of deposits and withdrawals*: Deposits and withdrawals of MATIC tokens will be suspended at 3:30 UTC on September 10, 2024 Âč.
3- *Token swap*: MATIC tokens will be swapped to POL tokens at a ratio of 1:1 .
4- *Listing of POL trading pairs*: New POL trading pairs will be listed on September 13, 2024, at 10:00 UTC .
đ Hong Kong's Markets Authority (HKMA) just launched its tokenization 'Ensemble sandbox' and it's already buzzing with action! Major players like HSBC and Global Shipping Business Network are diving in, testing proof of concepts to future-proof the financial system. đ
Julia Leung, CEO of the Securities and Futures Commission, emphasized the sandbox's role in building a robust tokenization market. HSBC's trials include digital bonds and interbank transfers, showcasing the potential of tokenized transactions.
HashKey Group is also joining the sandbox, exploring tokenization of real-world assets. What are your thoughts on this exciting development? Drop your comments below! đŹ
Pepe (PEPE) Braces for 28% Drop as Bearish Trend Intensifies â perspective by AMBCrypto
Pepe (PEPE) has been trading within a falling wedge pattern since May 27. Currently priced at $0.0000077, its value has dropped by 52% during this period.
PEPEâs price could decline further, as it appears poised to break below the lower line of its falling wedge, which would signal a continuation of the downtrend.
A falling wedge pattern occurs when an assetâs price moves between two downward-sloping trend lines. The upper trend line serves as resistance, while the lower trend line acts as support.
Typically, despite the downtrend within the wedge, this pattern is considered bullish because the price often breaks out above the upper trend line upon completion, leading to an upward movement.
However, PEPE may be an exception. Since August 25, the meme coinâs price has been on a downtrend, dropping by 15% and pushing it closer to the lower line of the falling wedge.Â
\When an assetâs price breaks below the lower trendline of a falling wedge, it invalidates the bullish projection typically associated with this pattern and suggests that the downtrend may continue.
PEPEâs technical setup supports this possibility. The altcoin has fallen below key moving averages, trading beneath both its 20-day exponential moving average (EMA) and its 50-day simple moving average (SMA).
If PEPE bulls fail to defend the lower line of the falling wedge, the meme coinâs price could decline to its August 5 low of $0.0000059, representing a 28% drop from its current value.
However, if the current trend reverses and PEPE resumes its uptrend, its price could rise to $0.0000086.
#TON #pepe⥠#TelegramCEO #BNBChainMemecoins #DOGSONBINANCE
$PEPE
đ The Bank of America stands as a financial powerhouse in the U.S., but when it comes to the future of finance, the spotlight shifts to Binance. đIn a world rapidly evolving towards digital assets, Binance is more than just an exchangeâit's a gateway to the new era of global finance. đ°Whether you're trading, staking, or diving into DeFi, Binance offers unparalleled tools, security, and opportunities. It's where innovation meets trust, and where your financial future is just a click away. đWhy settle for the past when you can invest in the future with Binance? đ#Binance #CryptoFuture #DigitalRevolution #FinanceRedefined