TLDR;
- Why $BTC has bottomed
- MakerDAO to onboard a bank to DeFi
- DeFi stats from the past 7 days
- Crypto prices from one year ago
++ gud podcasts
1/ @yassineARK on Bitcoin trading below it's 200 WMA
1/ Bitcoin is trading below its 200 WMA and short-and long-term cost bases for only the fourth time in price history.
These levels have historically marked generational bottoms.
2/ @MakerDAO to integrate a US bank into its protocol
The first collateral integration from a US-based bank in the DeFi ecosystem is getting closer.
The Maker Governance votes to add RWA-009, a 100 million DAI debt ceiling participation facility proposed by the Huntingdon Valley Bank, as a new collateral type in the Maker Protocol
3/ @Dynamo_Patrick with DeFi stats from the past week
Time for my weekly thread on notable DeFi stats from the past 7 days.
Numbers can give an objective measurement of emerging trends 🔢
This week, I’ll look at TVL, stablecoins, revenue, DEX volume, transaction count and bridge flows. Let’s dive in 🧵
1/19
4/ Crypto prices from one year ago
#Crypto prices 4th of July 2021:
#Bitcoin: $35,394
#Ethereum: $2,329
#BNB: $308
#XRP: $0.69
#Cardano: $1.46
#Solana: $34.45
#Doge: $0.24
#Polkadot: $16.03
#TRON: $0.06
#Shib: $0.00000875
#Avalanche: $12.43
#Polygon: $1.15
#MANA: $0.58
#VET: $0.08
5/ Where's the substack link?
CT Nov 2021: "Why 50mil is Not Enough to Retire"
CT July 2022: "A Survival Guide: How to Live for 2 Years Off of 10k"
Gud Podcasts
🎙️@TaschaLabs with her current thoughts on crypto
In this video I talk about:
· Long-term vs short-term conviction in crypto
· US Q2 GDP nowcasting
· Hodling vs trading
· What's intrinsic value
· Is there a point to web 3 if it's not decentralized?
Full vid on Youtube youtu.be/FH_0teU5wz4
Daily Degen 2022 July 5 🦍📓