As you may know we can't share non-Binance links here. However, accessing original articles about this topic is easy enough. Though they often contain technical language that can be challenging for most readers. Here I try my best to provide you with the most basic information regarding the topic.
#Avalanche is undergoing a serious change regarding the subnets and you should know this.
TLDR:
- Separating Subnet Validators from Primary Network Validators:
- Primary Network Partial Sync
- Removal of 2000 $AVAX requirement
- Moving ownership of Subnet validator set management from P-Chain to Subnets:
- ERC-20/ERC-721/Arbitrary Staking
- Staking Reward Management
- Introducing a continuous P-Chain fee mechanism for Subnet Validators:
- Continuous Subnet Staking
Yes, you have read right;
REMOVAL OF 2000 #AVAX REQUIREMENT!
Node operators need to stake 2000 AVAX to become Primary Network Validators, and most of the time they need 8 validators that makes 16000 AVAX which is too expensive
Subnet Validators also require specific hardware resources for syncing the entire Primary Network. This part is pretty technical and I have to skip the details about it
Regulated entities unable to validate permissionless #blockchains cannot launch Subnets, limiting RWA issuers' participation.
Improperly metered, widely validated Subnets could destabilize the Primary Network or cause issues for Subnets with the Primary Network.
In summary Avalanche community would benefit from a more flexible and cost-effective method for launching permissionless #subnets .
Avalanche team calls it "Elastic Subnets" for now. We will see how it goes!

Phase 1: Final Pre-Halving Retrace
- #Bitcoin experiences two -18% retraces in just over a month before the Halving.
- These retraces are typical before the Halving event.
- Historically, retraces before the Halving have been around -19% to -38%.
- This represents a last chance for bargain-buying before the Halving.
Phase 2: Re-Accumulation
- The ongoing retrace sets up the Re-Accumulation Range before the Halving.
- This range forms weeks before the #Halving and ends with a breakout weeks after.
- Bitcoin aims to establish a firm Range Low and trade sideways into and after the Halving.
- This phase can last weeks to several months, often leading to investor impatience.
Phase 3: Parabolic Uptrend
- After breaking out from the Re-Accumulation Range, $BTC enters a parabolic uptrend.
- This phase sees accelerated growth in Bitcoin's value.
- Historically, this phase lasts over a year, but with potential accelerated cycles, it could be shorter in this cycle.

- In Q1 2024, 76% of the decentralized finance yield market, totaling $43.8 billion, earned around 5% APY through low-risk contracts.
- Staking, notably on #Ethereum 's transition to Proof-of-Stake, drove this resurgence in decentralized finance.
- The bridging sector saw a 51% increase in Total Value Locked (TVL), rising from $94.8 million to $143.6 million.
Interest in low-risk activities such as #staking and secured lending is increasing, while sectors like insurance and derivatives are experiencing decreased interest. This shift emphasizes the difficulty of integrating certain financial activities into the decentralized finance framework due to information imbalances between liquidity providers and yield seekers.
The study reveals that staking, fueled by Ethereum's transition to Proof-of-Stake, now constitutes 80% of decentralized finance's total value locked (TVL)! Conversely, decentralized exchanges (DEXs) experienced modest growth, with concerns over impermanent loss and media narratives contributing to a decline in TVL compared to the previous year.
However, the bridging sector witnessed a notable 51% increase in TVL, reaching $143.6 million, largely attributed to the emergence of Layer 2 rollups. The breakdown of annual percentage yield (APY) by source indicates a decrease in rewards-based yields, signaling a maturing #DeFi market increasingly driven by actual on-chain activity.
Smart money getting smarter in other words!

Good morning... So, you have opened your eyes to another red day. Please bear with me now 👇
As tensions between Iran and Israel intensify, the #crypto market has witnessed a significant downturn, losing over $430 billion in market value. The global crypto market cap dropped by 20%, falling from $2.64 trillion to a low of $2.21 trillion due to panic selling... The market's reaction on Monday will be crucial as the sudden crash has eroded confidence among investors.
Tensions between Iran and Israel escalated following an airstrike on the Iranian consulate in Damascus, Syria, which Iran claims resulted in the deaths of officials, including high-ranking generals. In response, Iran threatened retaliation and initiated drone attacks on Israel.
#RektCapital suggests that the current $BTC cycle is moving faster than previous ones, as evidenced by new all-time highs before the halving. However, he notes that the current retracement and sideways movement in the re-accumulation range are necessary to slow down the cycle. These retraces and consolidation periods aim to align the current cycle more closely with historical patterns.
However tension is rising. Russian President Vladimir Putin has issued a warning to the United States, cautioning against interference in the escalating tensions between Iran and Israel. Putin's threat follows reports that the U.S. intercepted drones launched by Iran toward Israel. Putin stated that if the Biden administration supports Israel, Russia will not remain passive and will take action.

The price of #Bitcoin saw a sharp slump, falling as low as $66,952 on Friday during the early Asian trading session, a 7% decrease. Remarkably, this severe decline erased almost $100 million in long Bitcoin holdings as the price of the cryptocurrency dropped from its most recent high of $70K!
Smaller cryptocurrency losses were significantly more severe during the frantic activity. With Aptos $APT filecoin $FIL Cardano's $ADA and Avalanche's $AVAX all down 15-20%, the broad-market CoinDesk 20 Index (CD20) fell by around 10%.
Although there were no significant announcements in the cryptocurrency space today, this kind of volatility frequently occurs on the Friday or Saturday of each week. And that's what we got today for the first time in a long time.
The digital asset investment company #RyzeLabs advised investors to expect some "short-term market softness" for cryptocurrency assets because of the approaching tax season in a report published on Friday.

A pattern that is frequently observed when U.S. markets open—which usually corresponds with Bitcoin's decline—made the current market meltdown worse. In addition, the decline in Bitcoin was consistent with losses in gold and the #Nasdaq index. Experts predict that Bitcoin will drop to around $60k in price following this sharp decline, maybe before of the Halving Rally...
Despite the temporary setback, Singapore-based QCP Capital remains optimistic about Bitcoin's long-term prospects. They anticipate the dips to be short-lived, emphasizing the ongoing strong demand for BTC spot ETFs. Additionally, they note significant interest in BTC calls predicting prices between $100,000 and $150,000 by year-end.

A sorrowful day for #cryptocurrencies ...

Leading decentralized exchange #Uniswap has been notified by the U.S. Securities and Exchange Commission ( #SEC ) about an impending enforcement action, according to a recent Fortune report.
Here is #HaydenAdams ' (Founder and CEO of Uniswap) announcement:
Today Uniswap Labs received a Wells notice from the SEC

I’m not surprised. Just annoyed, disappointed, and ready to fight.

I am confident that the products we offer are legal and that our work is on the right side of history. But it’s been clear for a while that rather than working to create clear, informed rules, the SEC has decided to focus on attacking long-time good actors like Uniswap and Coinbase. All while letting bad actors like FTX slip by.

When I first set out to build Uniswap, the goal wasn’t to reimagine finance.

It was an experiment in radically decentralized, fully automated onchain markets. I didn’t know if it would work or if anyone would use it.

Fast forward to today, the Uniswap Protocol has processed over $2 trillion in volume. Many thousands of teams and developers have forked our code or built on top of it. We built entirely new financial infrastructure that is transparent, fair, secure, and accessible powering an entire industry.

The team at @Uniswap did all of this in the US from our office in New York City.

People often ask me why we stay in the US and my answer is simple: I believe that blockchain is incredibly powerful technology. Like the Internet, it’s here to stay. So someone needs to figure it out, and it might as well be us.

And that when you build technology that improves people’s lives – you don’t need to hide.

The @SEC’s mission is “protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation.” This is a noble mission. I would argue @Uniswap does a far better job of this today than the SEC.

Yes, I'm frustrated that the SEC seems to be more concerned with protecting opaque systems than protecting consumers. And that we'll have to fight a US government agency to protect our company and our industry.

This fight will take years, may go all the way to the Supreme Court, and the future of financial technology and our industry hangs in the balance. If we stand together we can win.

I think freedom is worth fighting for. I think DeFi is worth fighting for.

And of course, we won’t stop shipping. Stay tuned