Moon Trade

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Moon Trade

Moon Trade

@_MoonOfTrade_

Inner Peace like the Moon #trading #peace #life

Eritrea Katılım Aralık 2009
71 Takip Edilen423 Takipçiler
Moon Trade
Moon Trade@_MoonOfTrade_·
How Solana Stacks Up With Ethereum in One DeFi Key Metric Solana's competitive edge over Ethereum in DeFi is underscored by its capital efficiency, as revealed by Reflexivity Research's findings. This indicates that Solana's blockchain is more effective at utilizing capital within decentralized finance applications compared to Ethereum. The DeFi sector, a forefront of blockchain innovation, offers an alternative to traditional financial systems through decentralized applications (dApps). Solana and Ethereum, as leading platforms, compete to provide efficient, secure, and user-friendly environments for DeFi applications. In this competition, factors such as transaction speed, fees, and scalability play crucial roles. Recently, Reflexivity Research highlighted the significance of capital efficiency in DeFi, with Solana emerging as a standout performer compared to Ethereum. Solana's capital efficiency, highlighted in Reflexivity Research's March 2024 analysis, showcases its lead over Ethereum in this key metric. Capital efficiency measures how effectively a blockchain utilizes locked-up value to facilitate economic activity and growth in the DeFi space. During the first quarter of 2024, Solana demonstrated superior capital efficiency, with a DEX volume to TVL ratio of 3.12, compared to Ethereum's 0.27. This indicates that Solana can achieve higher economic activity with less capital compared to Ethereum. Solana's architecture, supporting faster transactions and lower fees, contributes to its high capital efficiency. The ability to process transactions in parallel enhances efficiency in DeFi operations, attracting developers and users alike. As a result of its high capital efficiency, Solana has experienced a surge in its ecosystem and trading volume in 2024. With impressive TVL and trading volume figures, Solana's DeFi metrics illustrate its significant competitive edge in the market. However, it's important to note that Solana's low fees have led to spam transactions, highlighting a network issue. Additionally, Ethereum's DeFi ecosystem should consider activity on both the mainnet and L2 rollups for a comprehensive analysis, as noted by Reflexivity Research. Overall, Solana's capital efficiency underscores its competitiveness in the DeFi space, attracting attention and investment due to its ability to achieve higher economic activity with less capital.
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Moon Trade@_MoonOfTrade_·
Solana Dethrones Ethereum, SOL Co-Founder Breaks Silence Solana's remarkable surge has propelled it beyond Ethereum and other leading contenders in the cryptocurrency market. In a significant development, Solana has achieved a milestone by surpassing Ethereum and other EVM-based Layer-2 solutions in 24-hour volume, as reported by DefiLlama. With Solana's total chain volume at $3.654 billion compared to Ethereum's $2.397 billion, the platform has emerged as the leader in blockchain transactions, even outpacing other major contenders like Arbitrum, Avalanche, Polygon, and Optimism. Solana's co-founder, Anatoly Yakovenko, acknowledged the platform's achievement in response to the news. However, skeptics have raised concerns about Solana's centralized staking system and potential vulnerabilities. Yakovenko addressed these concerns, highlighting the differences between Solana's quorum control and the multisig control seen in Layer-2 solutions. Discussions about blockchain resilience in the face of regulatory challenges have also surfaced, with Yakovenko emphasizing Solana's adaptability and suggesting potential adjustments to ensure continued functionality in adverse conditions. As Solana solidifies its position as a leader in the blockchain space, Yakovenko's remarks shed light on the platform's robustness and potential for further development. With Ethereum's dominance challenged and Solana's rise to prominence, the decentralized finance landscape stands on the brink of transformative change.
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Moon Trade@_MoonOfTrade_·
Has MATIC’s bull run started? What you need to know MATIC's price has surged past a crucial resistance level of $1.177, potentially signaling the onset of another bullish rally. Following the prevailing market trend, Polygon (MATIC) experienced a price surge in the last 24 hours. However, despite this uptick, its 24-hour trading volume saw a decrease. Nevertheless, recent data suggests that the token may be gearing up for another rally. Polygon Breaks Key Level: Over the past seven days, MATIC's value rose by more than 6%, with a notable increase of over 3.6% in the last 24 hours alone. Currently, Polygon is trading at $1.18 with a market capitalization exceeding $11.6 billion. Despite the price increase, the token's social volume remained high, although its Weighted Sentiment remained low, indicating prevailing bearish sentiment. Additionally, the trading volume declined by 21.5%, suggesting reduced investor activity. Future Outlook: Analyzing MATIC's metrics provides insights into its potential trajectory. According to CryptoQuant's data, MATIC's net deposits on exchanges were lower compared to the average of the last seven days, indicating high buying pressure. Furthermore, the token's MVRV ratio increased over the past week, and its network activity, as indicated by daily active addresses, remained high. MATIC surpassed a crucial resistance level of $1.177, signaling the potential start of another bullish rally. Additionally, its MACD exhibited a bullish crossover, while the Relative Strength Index (RSI) showed a sharp uptick, indicating the likelihood of further upward price movement in the coming days.
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Moon Trade@_MoonOfTrade_·
Bitcoin Market Dynamics: Long-Term Holders Sell as ETFs Accumulate Cryptocurrency analyst Dylan LeClair conducted a thorough market assessment focusing on the current state of the Bitcoin (BTC) market. LeClair highlighted the dynamics evolving between long-term investors and newcomers, particularly within spot Bitcoin exchange-traded funds (ETFs). Long-term Bitcoin investors are beginning to sell their holdings while exchange-traded funds (ETFs) are accumulating more BTC, according to analysis by Dylan LeClair. Despite the sell-off by long-term investors, LeClair highlights the strong demand for ETFs, which continue to accumulate BTC and alleviate concerns about potential sales. LeClair's analysis indicates that ETF demand has surpassed initial expectations, with nine new ETFs in the US breaking records in terms of entries and daily trading volumes. Notably, BlackRock's IBIT fund saw a record entry of $788 million on March 5th, coinciding with Bitcoin's all-time high price. Institutions like BlackRock and Fidelity have purchased a significant portion of the total Bitcoin supply since launching their ETFs, amounting to 284,000 BTC. While long-term investors are distributing Bitcoin, LeClair believes this is still in its early stages and is offset by increasing demand from ETFs and institutional investors. He identifies catalysts for further Bitcoin adoption and price increases, including continued ETF entries, institutional adoption, and potential sovereign accumulation by countries seeking alternatives to US dollar hegemony. LeClair predicts that as Bitcoin reaches new price peaks, distribution by long-term investors will likely increase. However, he expects this supply to be absorbed by rising institutional demand, leading to a sustained upward trend in the market. Despite potential volatility, he describes the current market environment as dynamic, with overwhelming capital inflows from institutional investors. Regarding Bitcoin's price outlook, LeClair's analysis aligns with recent market movements, where Bitcoin pulled back to $60,000 after reaching a record high at the beginning of the week and then recovered to trade around $66,000. Billionaire entrepreneur Mark Cuban remains bullish on Bitcoin, citing its scarcity and increasing demand as factors likely to drive up its price. Cuban's optimistic forecast underscores Bitcoin's growing acceptance as a store of value and its long-term growth potential in evolving market dynamics.
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Moon Trade@_MoonOfTrade_·
Bitcoin ‘buy the dip’ calls surge as ATH runs out of steam Following Bitcoin's surge past the $69,000 all-time high (ATH), the price experienced a sharp crash, with BTC dropping below $60,000 on the Binance exchange, amplifying market volatility. Nevertheless, many participants viewed this downturn as an opportunity to acquire the coin at a discounted rate. According to AMBCrypto's analysis on March 5th, sentiments echoed through Santiment's social tool highlighted a notable increase in calls to "buy the dip," reaching some of the highest levels observed in recent months. This surge in such calls typically indicates traders' confidence in an impending price rebound. Market data suggested that traders perceived the rapid decline as a routine liquidity adjustment. Despite failing to retest the ATH, Bitcoin managed to climb to $66,267 at the time of reporting, surprising many market observers. Unlike previous instances where BTC reached new highs post-halving, this surge occurred under different circumstances, reflecting evolving market dynamics. The price fluctuations also had repercussions in the derivatives market, notably affecting the Open Interest (OI), which initially surged but later plummeted. Traders had opened long positions in anticipation of Bitcoin reaching $70,000, but the failure to reach this level led to over $1 billion in liquidations. Subsequently, the decrease in OI indicated that those who avoided significant losses had closed their positions. However, recent data from Coinglass suggests a change in sentiment, with Bitcoin's Open Interest rebounding to $31.35 billion. This recovery indicates increased confidence among traders, potentially leading to a decrease in market volatility. BTC's complete recovery hinges on overcoming critical resistance levels. Rising OI, coupled with an uptrend in Bitcoin's price, could drive further appreciation. In a highly bullish scenario, Bitcoin may retest its ATH or surpass it. From a technical perspective, the Relative Strength Index (RSI) on the 4-hour timeframe indicates that BTC was close to being oversold. However, renewed buying pressure has pushed the RSI back above its midpoint, suggesting the potential for further bullish momentum if current trends persist.
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BTC, ETH and XRP Price Prediction for March 4 What leading cryptocurrencies are poised for continued growth this week? The new week has commenced with a continued upward trend in the cryptocurrency market, as reported by CoinMarketCap. Bitcoin (BTC) has emerged as one of the top gainers today, surging by 4.30% in the last 24 hours. On the daily chart, BTC has surpassed the $65,000 threshold and is aiming for the next resistance level at $67,150. A close near or above this level could potentially signal a new all-time high for Bitcoin this week. Currently, Bitcoin is trading at $65,093. Ethereum (ETH) has experienced a more moderate increase compared to BTC, rising by 1.61%. Traders should closely monitor the closing of the candle around the $3,521 level. A significant deviation from this level, accompanied by a false breakout, could empower sellers and lead to a correction towards the $3,300-$3,400 range. Ethereum is currently trading at $3,488. XRP has mirrored the upward movement of ETH and BTC, registering a gain of 3.56%. On the daily chart, XRP is testing the $0.6576 level. A close around current levels may indicate sufficient momentum for a breakout, potentially propelling XRP towards the $0.70 zone. At present, XRP is trading at $0.6540.
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Scotty Kilmer News – When Did He Buy Bitcoin? Reportedly, Scotty Kilmer invested in Bitcoin in 2022, and he has since diversified his investments by allocating funds to various other cryptocurrencies. Scotty Kilmer, known for his expertise in automotive repair and advice, has gained significant attention for his investments in Bitcoin and other cryptocurrencies. His career spanning over five decades has evolved from being a traditional mechanic to becoming a digital sensation, particularly through platforms like YouTube, where he shares his insights and knowledge with a global audience. Early in his life, Kilmer developed a passion for cars and learned the trade from his grandfather, a master mechanic. He later established his own auto repair shop and earned a reputation for honest and efficient work. Transitioning to television in the 1990s, Kilmer hosted segments on CBS's "Crank It Up," expanding his reach and showcasing his charismatic personality. However, it was his venture into online content creation, particularly on YouTube, that propelled him to internet stardom. His straightforward advice, combined with humor and enthusiasm, resonated with viewers, earning him millions of followers. In 2022, Kilmer reportedly entered the cryptocurrency market by investing in Bitcoin, followed by allocations into other digital assets like Shiba Inu and Dogecoin. While the exact value of his crypto portfolio remains undisclosed, reports suggest that he continues to hold cryptocurrencies as of March 2024. Kilmer's approach to automotive repair emphasizes simplicity, affordability, and do-it-yourself principles. He encourages vehicle owners to undertake their own repairs and maintenance, providing practical tips to save money and extend the lifespan of their vehicles. Despite his widespread popularity, Kilmer has faced criticism for his repair advice, with some arguing that it may not be universally applicable to all vehicle models. Additionally, debates have arisen over his opinions on car brands and models, leading to disagreements among fans and critics. Overall, Scotty Kilmer's contributions to the automotive community have empowered individuals to take control of their vehicle maintenance while fostering a more informed and engaged community of car owners. As technology continues to shape the automotive industry, Kilmer's discussions and insights remain relevant, reflecting broader debates on consumer empowerment and sustainability in the modern era.
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Moon Trade@_MoonOfTrade_·
SHIBAINU SURGES AS LATEST MEMECOIN DARLING As the week draws to a close, Shiba Inu (SHIB) has risen as the newest sensation in the memecoin realm, joining the ranks of popular coins like Dogecoin, Bonk, Floki, and Pepe. The price of SHIB has surged by over 50% in the past 24 hours, grabbing the attention of both investors and enthusiasts. Insights from on-chain activity, as reported by Spotonchain, provide valuable information on notable trading activities within the SHIB ecosystem. One savvy trader, identified as 0x37d, made a strategic move by withdrawing 75.91 billion SHIB tokens from Binance two days before the price surge, resulting in a significant profit of $614,000, marking a 69% increase. RuneKek, the founder of MakerDAO, joined the SHIB craze by acquiring 7.41 billion SHIB tokens with 100,000 USDC just 13 hours ago, already yielding a profit of $47,100, showcasing the potential for lucrative SHIB trading. Additionally, wallet 0x02e, linked with Upbit, amassed 2.13 trillion SHIB tokens in the past 24 hours, solidifying its position as the 7th largest-holding wallet of SHIB, now totaling 12.45 trillion SHIB tokens. However, amidst the excitement surrounding SHIB's price surge, indications suggest that some whales may be taking advantage of the recent gains. According to Lookonchain, a whale deposited 365.36 billion SHIB tokens, valued at $5.76 million, to Binance in the past 11 hours, intending to take profits. This whale had previously withdrawn 365.36 billion SHIB tokens worth $3.24 million from Binance between November 17 and December 27, 2023. If sold at current market prices, the potential profit could exceed $2.5 million. As SHIB continues to attract attention with its rapid ascent, investors remain cautious, closely monitoring market dynamics and whale activities for further developments. Disclosure: This is not trading or investment advice. Always conduct thorough research before purchasing any cryptocurrency or investing in any services.
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Daily Price Review: BTC, ETH, FET, AXL, AGIX Bitcoin Price Analysis: The recent Bitcoin (BTC) chart depicts a fading uptrend, evidenced by the appearance of red candlesticks. Concomitantly, the Bollinger Bands are converging, indicating a decrease in volatility amidst minor retracements. Currently, Bitcoin's price hovers near the lower Bollinger Band, while the moving average (orange line) reflects a softening of its upward trajectory, with the price trading below it, confirming the waning bullish sentiment. Despite some short-term indecision, as reflected by the Woodies CCI fluctuating around the zero line, the overall trend remains bullish. As of the latest update, Bitcoin is priced at $61.7K, representing a 2.2% decline over the last 24 hours. Ethereum Price Analysis: Similarly, Ethereum's (ETH) chart exhibits a brief retracement, although it continues to trade above the green Supertrend line, signaling a prevailing bullish trend. The Moving Average Convergence Divergence (MACD) indicates a bullish stance, with histograms shortening towards the green zone, suggesting a potential reversal from the correction phase and hinting at a forthcoming uptick. Despite the recent corrections, Ethereum's price stands at $3385, marking a 2.9% decrease in the past 24 hours. Fetch.ai Price Analysis: Contrary to the broader market trend, Fetch.ai (FET) emerges as today's top gainer amidst the corrections. The Supertrend remains bullish, positioned below the Fetch.ai price candles, reinforcing the ongoing uptrend. Recent price action demonstrates a sharp increase, indicative of robust buying interest, with the price hovering near recent highs, possibly forming a resistance zone. With the ADX line signaling a strong trend, Fetch.ai's price stands at $1.63, reflecting a notable 23.9% surge in the last 24 hours. Axelar Price Analysis: Axelar (AXL) defies market odds to secure the second top gainer spot. Notably, the divergence of the alligator lines suggests the onset of a new trend. A recent breakout to the upside is observed, accompanied by significant buying pressure, pushing the price beyond previous resistance levels. The current MFI reading, although relatively high at around 70.70, indicates potential for further price increase before reaching overbought levels. Axelar's price currently stands at $1.87, marking a 20% jump over the last 24 hours. Singularity Net Price Analysis: Singularity Net (AGIX) concludes our list as the last top gainer. A strong bullish trend characterizes the chart, with consistent price appreciation. The Auto Pitchfork tool positions the Singularity price above the upper half of the pitchfork, signifying intense buying pressure. Furthermore, the positive Volume Oscillator suggests increasing volume on up days, supporting the bullish price action. As of the latest data, Singularity Net is priced at $0.8404, marking a significant 17.9% increase over the last 24 hours.
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Moon Trade@_MoonOfTrade_·
BlackRock Bitcoin ETF Smashes Daily Inflow Record, Ranks 2nd In United States BlackRock, a leading player in the ETF market, has once again set new records by attracting $520 million in inflows on Tuesday. BlackRock's Bitcoin (BTC) ETF has set a new daily inflow record, contributing to Bitcoin's surge above $60,000 for the first time since November 2021. The iShares Bitcoin Trust (IBIT) witnessed an inflow of $520 million on Tuesday, bringing the fund's total flows since its launch to over $6.5 billion. With Bitcoin's price rising during this period, the value of BlackRock's Bitcoin holdings has appreciated to over $8 billion. BlackRock's remarkable performance in attracting inflows contrasts with Fidelity's Bitcoin ETF, which holds $5.6 billion in BTC but experienced a smaller inflow of $126 million on Tuesday. In comparison, Grayscale, IBIT's largest competitor, faced outflows of $125 million. While Grayscale still maintains a significant lead in total assets at $25 billion, BlackRock's ETF is gradually gaining ground due to its lower management fee. According to Bloomberg ETF analyst Eric Balchunas, BlackRock's substantial inflow made it the second-largest ETF for inflows in the United States on Tuesday, trailing only BlackRock's iShares Core S&P 500 ETF (IVV). Balchunas also observed that individual trades for IBIT's ETF exceeded those of both the SPY and QQQ. This suggests that a significant portion of buyers trading the ETFs are retail investors, which is unexpected given the ETF's popularity as an institutional trading instrument. The surge in Bitcoin's price, which has risen by over 25% in the past five days to trade at over $63,000, is largely attributed to the launch of Bitcoin spot ETFs. These ETFs have collectively absorbed over $6.7 billion in flows since their launch on January 11. BlackRock and Fidelity's Bitcoin funds broke records as the two most successful ETF launches in history based on flows within 30 days of their launch. BlackRock's ETF also achieved a new daily trading volume high on Monday, surpassing $1.3 billion and ranking among the top 11 ETFs in the country by volume. Bitcoin is now approaching its all-time high of $69,000 USD, although it has already surpassed its prior records in some currency denominations. For example, one BTC is now valued at over 95,000 Australian dollars, compared to $87,000 at its peak in November 2021.
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Bitcoin (BTC) Show Positive Upswing Pre-halving, Whilst Kelexo (KLXO) Rockets In Presale After USDC (USDC) Whale Invests Before the market halving, Bitcoin (BTC) experienced a positive upswing in its market price. Several weeks ago, Bitcoin (BTC) underwent a remarkable surge, resulting in substantial gains for holders and prompting market analysts to speculate that it could reach an all-time high before subsequently declining. Currently, Bitcoin (BTC) is showing a minor positive uptick, trading at $51,530, reflecting a 29.19% increase over the past month. Kelexo (KLXO), currently in stage two of its presale, is available at a low-cost price of $0.028. Notably, whale holders of USDC (USDC) have been actively participating in the presale. The lending and borrowing platform associated with Kelexo (KLXO) will enable USDC (USDC) holders to lend money and generate returns on investment. They can list their loans online, specifying the amount they are willing to lend along with the interest rates and Loan to Value (LTV) ratios they require. Bitcoin (BTC) is currently experiencing a positive upswing in the market, being the most widely traded and recognized cryptocurrency. With a market cap of $1 trillion and a daily trading volume of $15 billion, Bitcoin holds the top spot in terms of both metrics. As a peer-to-peer online currency, Bitcoin facilitates transactions directly between users without the need for intermediaries. The upcoming Bitcoin halving is expected to reduce selling pressure and potentially drive its price higher. In the stablecoin market, USDC (USDC) stands out as a popular choice among traders. Stablecoins like USDC provide a level of market security during periods of high volatility within the crypto ecosystem. Kelexo (KLXO), a new lending and borrowing platform, has emerged as an attractive option for USDC (USDC) holders, particularly for large investors known as "whales." While traditional finance offers relatively low annual percentage yields (APY), stablecoins typically generate higher returns, ranging from 10% to 15% APY. Kelexo (KLXO) aims to capitalize on this by providing decentralized lending and borrowing services, circumventing the limitations of traditional financial markets. Kelexo (KLXO) has shown promise during its presale phase, attracting new users and garnering interest from existing platforms. The platform prioritizes decentralization, empowering users to participate in governance decisions through suggestions and voting mechanisms. By simplifying the lending and borrowing process, Kelexo (KLXO) eliminates obstacles such as cumbersome Know Your Customer verifications, high fees, and regulatory compliance associated with traditional lending platforms. As a result, more individuals are incentivized to enter the market and engage in borrowing activities. With its user-centric approach and potential for widespread adoption, Kelexo (KLXO) could emerge as a dominant player in the market throughout 2024. Token holders have the opportunity to influence key decisions and propose new initiatives on the platform, further incentivizing participation and engagement.
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US Prosecutors File Motion Asking Former Binance CEO Changpeng Zhao To Surrender All Passports US prosecutors are seeking strict measures against former Binance CEO Changpeng Zhao to ensure his presence in the US throughout his trial. In a court filing, prosecutors have asked Zhao to surrender his passports and remain within US borders for the trial's entirety. Specifically, prosecutors want Zhao to provide at least three days' advance notice before any domestic travel within the US. They also demand that he refrain from changing his residence and surrender his Canadian passport to a court-appointed third-party custodian. This custodian would supervise Zhao's US travel and accompany him when identification is required. Additionally, prosecutors urge Zhao to surrender all his passports, including expired ones, and any other travel documents. They seek a court order to prevent him from obtaining new passports or travel documents from foreign countries without court approval. Zhao, a Canadian citizen residing in the United Arab Emirates, is currently in the US on a $175 million bond. Due to his significant wealth, US District Judge Richard Jones deemed him a flight risk. After pleading guilty in November, Zhao agreed to step down from his CEO position at Binance and pay a $50 million fine. Binance also agreed to pay $4.3 billion in restitution fees. Rostin Behnam, Chair of the Commodities Futures Trading Commission (CFTC), expressed his expectation in a CNBC interview that Zhao would serve prison time for failing to implement adequate anti-money laundering measures at Binance, the world's largest cryptocurrency exchange.
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Moon Trade@_MoonOfTrade_·
Crypto market’s weekly winners and losers – GIX, WLD, STRK, DYM During the past week, tokens associated with artificial intelligence witnessed a surge in value following significant developments from OpenAI. Particularly noteworthy was Uniswap's decision to distribute fees to holders, which led to substantial gains for the UNI token. Additionally, Starknet took steps to resolve concerns surrounding its airdrop, which had previously faced criticism, resulting in a rebound in its price. Here's AMBCrypto's roundup of the most noteworthy winners and losers from February 18th to February 24th. Winners: 1. JasmyCoin (JASMY): JasmyCoin emerged as the top performer of the week, witnessing a remarkable surge of 180.51%. It started the week around $0.006 and peaked at over $0.018 on February 22nd, with a substantial increase in daily volume to $1.58 billion. Despite a slight decline, it settled at over $0.016 by the end of the week, with a current trading price of approximately $0.017 and a market cap nearing $860 million. 2. SingularityNet (AGIX): SingularityNET secured the second spot with a gain of over 67%. Despite starting the week with a loss at $0.462, it experienced a positive trend starting February 19th, reaching its highest point around $0.8 before settling around $0.73 by the end of the week. Currently, it's trading close to $0.8 with a market cap exceeding $991 million. 3. Worldcoin (WLD): Worldcoin benefited from the recent OpenAI development, witnessing a surge of close to 66%. It started the week at around $5.8 and ended at approximately $8.1. Despite a marginal loss towards the end of the week, it's currently trading at over $9 with a market cap of over $1.2 billion. Biggest Losers: 1. Starknet (STRK): Starknet faced a significant decline, losing 19.52% over the week. Initially listed at over $2, it declined to about $1.9 by the end of the week, facing criticism initially for its proposed unlock schedule, which was later amended. Currently, it's trading at around $1.9 with a market cap surpassing $1.3 billion. 2. Dymension (DYM): Dymension emerged as the second-largest weekly loser, experiencing a decline exceeding 14%. It started the week at around $7.5 but declined to about $6.3 by the end of the week, maintaining its trading range at $6.3 with a market capitalization of over $925 million. 3. SATS (1000SATS): SAT started the week positively but concluded as the third-largest loser with a decline from $0.00053 to about $0.00048. Currently trading at around $0.00047, it maintains a market capitalization of over $980 million. It's important to remember the volatile nature of the market and conduct thorough research before making any investment decisions.
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Moon Trade@_MoonOfTrade_·
@solanasage35616 Exciting news for the crypto market! Options trading for Bitcoin ETFs offers new opportunities for investors. Great potential ahead!
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SolanaSage106.sushi
SolanaSage106.sushi@solanasage35616·
📢 US SEC considers allowing Bitcoin ETF options trading! 🚀 - NYSE proposes rule changes for listing and trading of BITC, GBTC options and Bitcoin holding funds - If approved, the option will trade like other ETF options - BlackRock is also seeking similar approval - Options allow investors to hedge or speculate on the price of the BTC ETF instead of Bitcoin - Grayscale CEO supports the approval of cryptocurrency derivative financial products 💬 What do you think about this? Please comment below!
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Moon Trade@_MoonOfTrade_·
@MangohE74762 Reading this hit close to home, weekends can indeed be tough for many. Loneliness is complex.
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Moon Trade@_MoonOfTrade_·
@angelaharder Indeed, each person we meet shapes us in unique ways, guiding us along our life's journey.
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Angela Harder
Angela Harder@angelaharder·
Don't be subjective when thinking that someone will be your future. Sometimes, they pass through your life just to give you more lessons about life.
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Moon Trade@_MoonOfTrade_·
@jordanmiguel12 Excited to see Reddit entering the crypto space with Bitcoin, Ether, and Polygon acquisitions as payment!
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MemoDesign Embroidery
MemoDesign Embroidery@memodesigndst·
Reddit Discloses Bitcoin and Ether Holdings in IPO Filing The company also acquired ether and Polygon "as a form of payment for sales of certain virtual goods.”
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DeFi Coins Rocketing on Game-Chaining Uniswap (UNI) Milestone As Erin Koen, the governance lead at Uniswap Foundation, submits a proposal to partially redistribute revenue from Uniswap (UNI) between UNI stakers and delegators, communities of other leading decentralized exchanges (DEXes) are becoming increasingly optimistic. This comes amidst a relatively lackluster performance in the broader cryptocurrency markets, yet DeFi governance tokens are experiencing significant growth. On February 24, 2024, all governance tokens of the largest decentralized finance protocols (DeFis) are outperforming the market's benchmark, signaling a potential resurgence of the DeFi summer. DYDX, the core asset of the eponymous protocol, experienced a remarkable 36% surge, rising from $2.87 to nearly $4. This surge marked a new three-month price high for the Ethereum-based version and a historic record for the token launched on the native blockchain. However, by the time of reporting, the DYDX price slightly retraced to $3.68 on major centralized and decentralized exchanges. SUSHI, the governance token of major Uniswap (UNI) competitor Sushi, also witnessed significant growth, increasing its price by almost 50% and returning to pre-FTX collapse levels of early November 2022. Similarly, other tokens like Aave Finance's AAVE and Synthetix's SNX demonstrated overnight increases of 13-15%. Despite these notable gains in DeFi tokens, the aggregated crypto capitalization only added 0.2% in the last 24 hours. Outside the Ethereum DeFi scene, protocols based on Avalanche such as Pangolin and Trader Joe, as well as Solana's Orca, saw similar upward movements for their PNG and JOE assets. The rally in DeFi cryptos was reportedly triggered by Uniswap's proposal to redistribute fees partially between UNI stakers and delegators, resulting in a significant jump in the UNI price. However, some experts believe that the prospects for DYDX are even more promising. DeFiance Capital founder Arthur Cheong noted that the protocol already generates more revenue for DYDX stakers, suggesting that a 20% APY may not be the endgame target for the protocol.
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Moon Trade@_MoonOfTrade_·
I love lightning bugs in corn fields. And rural, swampy, marshy,
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Moon Trade@_MoonOfTrade_·
There are several migrant children here in my residence. I need your help
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