INTEL: Bank of America says many banks are preparing to launch crypto stablecoins

The chads at @CurveFinance care about liquidity & efficiency more than marketing. This hasn’t always translate to fair value pricing…but I think $crv is about to rerate after the protocol proved its incredible resiliency compared to competitors during the recent $stETH depeg. Higher.

The CCap Research Group is tracking all available AltCoin Treasury Companies. A crowd sourced effort has been made to track all altcoin shitcos. Everyone is saying the shitco meta is going to end soon. Most people dont even know these exist outside our little microsm of CT. So far, there are more than 34 altcoin DATs for dog shit assets such as $ENA, $SONIC, $DogWifHat, $DOGE, $SUI, etc The shear number of shitters being commoditized is incredible and indicative that the trend is far from over imo.

Again.

There’s a lot to be said for sleep. There’s no reason to knife catch here or to try to long dog shit for a quick scalp. The real money is made in conviction coins. My only conviction rn is in $BNB & $ETH bc of their massive DATs. 🫡

$ETH 2 Day Comp VAL at low 35s traded ✅ Key level here - btc needs to hold the weekly open for this to rotate back up to 38s Else... Should that fail then the npoc down at 3420s and the yearly open level at 33s comes into play - which would get me contemplating perp longs again. Cheers

I wouldn’t normally call this out, but the investor pitch deck makes a material misrepresentation here 1) @SkyEcosystem is the 3rd largest issuer on this @DefiLlama leaderboard 2) Ethena itself holds >90% of the USDtb supply. They’re double counting to just add USDe + USDtb

this is basically FOMC for retards

The ENA vehicle is interesting because it’s a complete scam for people who buy the shares but it’s actually bullish the token

It was always Ethereum