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The Graph
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"The Graph introduced and standardized subgraphs, improving the process of indexing and accessing blockchain data."
Check out this feature from @thestreet to learn how decentralized indexing on The Graph is helping to scale web3 ⬇️
https://www.thestreet.com/crypto/innovation/decentralized-indexing-might-be-the-scalability-and-accessibility-solution-l2s-are-looking-for-
Check out this feature from @thestreet to learn how decentralized indexing on The Graph is helping to scale web3 ⬇️
https://www.thestreet.com/crypto/innovation/decentralized-indexing-might-be-the-scalability-and-accessibility-solution-l2s-are-looking-for-
#LDO is ready to boom 💥 🚀
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Binance News
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Lido DAO Launches New On-Chain Voting Proposal
According to Odaily, Lido has announced the launch of a new on-chain voting proposal for the Lido DAO. The proposal includes two main points: expanding the Simple DVT module and funding the Lido Contributors Organization.
The first point of the proposal aims to expand the staking share of the Simple DVT module from 0.5% to 4%. Additionally, it introduces the concept of 'Super Clusters' to enhance the module's functionality. This expansion is expected to improve the efficiency and scalability of the staking process within the Lido ecosystem.
The second point involves transferring 180,000 LDO tokens to the PML multisig, which is part of the Lido Contributors Organization. This transfer is a component of the EGG st2024v2 grant, aimed at supporting the contributors who play a crucial role in the development and maintenance of the Lido platform.
The main phase of the voting will continue until 10 PM on July 25.
The first point of the proposal aims to expand the staking share of the Simple DVT module from 0.5% to 4%. Additionally, it introduces the concept of 'Super Clusters' to enhance the module's functionality. This expansion is expected to improve the efficiency and scalability of the staking process within the Lido ecosystem.
The second point involves transferring 180,000 LDO tokens to the PML multisig, which is part of the Lido Contributors Organization. This transfer is a component of the EGG st2024v2 grant, aimed at supporting the contributors who play a crucial role in the development and maintenance of the Lido platform.
The main phase of the voting will continue until 10 PM on July 25.
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Cointelegraph
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BTC price to retest $72K as Bitcoin sets up $7B liquidation showdown
Bitcoin (BTC) offered a short-timeframe rebound at the July 24 Wall Street open as a popular analyst eyed a “tug-o-war” on exchanges.
BTC/USD 1-hour chart. Source: TradingView
Bitcoin "pullback" preserves key support
Data from Cointelegraph Markets Pro and TradingView showed BTC price action targeting $67,000, up around 1% on the day.
A trip lower, which some had anticipated, nonetheless preserved key support at both $65,000 and short-term holder realized price at $65,110.
Source: Rekt Capital
The latter level, as monitored by onchain analytics platform Glassnode, represents the aggregate cost basis of Bitcoin speculators, and was recently reclaimed as support after a brief absence.
Bitcoin short-term holder cost basis. Source: Glassnode
“Bitcoin has successfully reclaimed the key breakdown area,” popular trader Jelle told X followers in one of his latest posts, covering the 4-hour chart.
“With local market structure firmly bullish, it looks like the market wants to give $72,000 another test.”
BTC/USDT chart. Source: Jelle/X
Jelle added that data from onchain monitoring resource CoinGlass put potential short BTC liquidations around that area at $7 billion.
Bitcoin exchange liquidation map (screenshot). Source: CoinGlass
As short timeframes narrowed Bitcoin’s trading corridor, attention thus turned to the longer-term picture.
“Bitcoin Has now consolidated at the previous cycle's high for 141 days,” fellow popular trader Daan Crypto Trades noted on X.
“This is by far the longest time it has taken to fully break through a previous all time high. On the other hand, $BTC reached the all time high before the halving this cycle which was much faster.”
BTC/USD comparison. Source: Daan Crypto Trades/X
Exchange BTC balances creep up
Weighing bullish and bearish market factors, meanwhile, Willy Woo, creator of onchain statistics platform Woobull, flagged two hurdles for Bitcoin to overcome next.
Related: Bitcoin ‘massive rally’ due as buy signal hits for 1st time in a year
These included payouts to creditors of defunct exchange Mt. Gox, still ongoing, and the accompanying return of coins to exchanges.
“As for bearish signals, we are seeing a build up of coins entering spot exchanges,” he wrote in part of an X thread on July 23.
“Of note is 50,000 BTC from MtGox being sent to Kraken, and that's seemingly being front run by others sending their coins in also.”
Bitcoin inventory on exchanges. Source: Willy Woo/X
Woo also suggested that the launch of the United States spot Ether exchange-traded funds (ETFs) may siphon capital out of Bitcoin.
“Some of the capital in BTC ETFs may rotate into the ETH ETF, hard to estimate how much, but this is a risk,” he argued.
As Cointelegraph reported, the spot Ether ETFs saw net inflows of $107 million on their first day of trading — around one sixth of Bitcoin’s first-day equivalent in January.
“In summary we have a tug-o-war happening on demand and supply. IMO the bullish factors overpower the bearish factors,” Woo concluded.
“In the short term BTC only needs to break 73k in order to light the fuse to short squeeze to 77k, above that it's nothing holding it down for price discovery.”
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
BTC/USD 1-hour chart. Source: TradingView
Bitcoin "pullback" preserves key support
Data from Cointelegraph Markets Pro and TradingView showed BTC price action targeting $67,000, up around 1% on the day.
A trip lower, which some had anticipated, nonetheless preserved key support at both $65,000 and short-term holder realized price at $65,110.
Source: Rekt Capital
The latter level, as monitored by onchain analytics platform Glassnode, represents the aggregate cost basis of Bitcoin speculators, and was recently reclaimed as support after a brief absence.
Bitcoin short-term holder cost basis. Source: Glassnode
“Bitcoin has successfully reclaimed the key breakdown area,” popular trader Jelle told X followers in one of his latest posts, covering the 4-hour chart.
“With local market structure firmly bullish, it looks like the market wants to give $72,000 another test.”
BTC/USDT chart. Source: Jelle/X
Jelle added that data from onchain monitoring resource CoinGlass put potential short BTC liquidations around that area at $7 billion.
Bitcoin exchange liquidation map (screenshot). Source: CoinGlass
As short timeframes narrowed Bitcoin’s trading corridor, attention thus turned to the longer-term picture.
“Bitcoin Has now consolidated at the previous cycle's high for 141 days,” fellow popular trader Daan Crypto Trades noted on X.
“This is by far the longest time it has taken to fully break through a previous all time high. On the other hand, $BTC reached the all time high before the halving this cycle which was much faster.”
BTC/USD comparison. Source: Daan Crypto Trades/X
Exchange BTC balances creep up
Weighing bullish and bearish market factors, meanwhile, Willy Woo, creator of onchain statistics platform Woobull, flagged two hurdles for Bitcoin to overcome next.
Related: Bitcoin ‘massive rally’ due as buy signal hits for 1st time in a year
These included payouts to creditors of defunct exchange Mt. Gox, still ongoing, and the accompanying return of coins to exchanges.
“As for bearish signals, we are seeing a build up of coins entering spot exchanges,” he wrote in part of an X thread on July 23.
“Of note is 50,000 BTC from MtGox being sent to Kraken, and that's seemingly being front run by others sending their coins in also.”
Bitcoin inventory on exchanges. Source: Willy Woo/X
Woo also suggested that the launch of the United States spot Ether exchange-traded funds (ETFs) may siphon capital out of Bitcoin.
“Some of the capital in BTC ETFs may rotate into the ETH ETF, hard to estimate how much, but this is a risk,” he argued.
As Cointelegraph reported, the spot Ether ETFs saw net inflows of $107 million on their first day of trading — around one sixth of Bitcoin’s first-day equivalent in January.
“In summary we have a tug-o-war happening on demand and supply. IMO the bullish factors overpower the bearish factors,” Woo concluded.
“In the short term BTC only needs to break 73k in order to light the fuse to short squeeze to 77k, above that it's nothing holding it down for price discovery.”
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
#MASK superbullish news
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深潮 TechFlow
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Mask Network has launched the first season of MASK staking plan, which will distribute 700,000 RSS3 and 40,000 TON rewards
According to TechFlow, Mask Network announced that it has launched the first season of the staking plan. Participants can stake their $MASK on http://stake.mask.io on June 15 to earn points and share 700,000 RSS3 and 40,000 TON.
According to previous news, Mask Network is about to launch the first season staking plan, and staking MASK can obtain 700,000 RSS3 and 40,000 TON.
According to previous news, Mask Network is about to launch the first season staking plan, and staking MASK can obtain 700,000 RSS3 and 40,000 TON.
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Mask Network
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We will launch the first season of Mask Staking on June 15th 00:00 (UTC+0).
Participants can stake their $MASK at http://stake.mask.io on June 15th to earn points and share 700,000 $RSS3 and 40,000 $TON.
🔍 More details: https://masknetwork.medium.com/mask-network-reveals-its-staking-season-1-f335e74f3a6b
Participants can stake their $MASK at http://stake.mask.io on June 15th to earn points and share 700,000 $RSS3 and 40,000 $TON.
🔍 More details: https://masknetwork.medium.com/mask-network-reveals-its-staking-season-1-f335e74f3a6b
#MaskNetwork boom incoming
"Mask Network announced that it is launching its first Mask Staking event on June 15th! 🎉 Participants can earn points and 700,000 RSS3 and 40,000 TONS of rewards by depositing MASK. 🎁🚀 An exciting development in the crypto world!#blockchain#Bitcoin"
This boy is prepping to explode with good fundamentals to back upgrade #DYDX
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Binance News
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DYdX Community Votes to Upgrade Chain Protocol Software to V5.0
According to Odaily, the dYdX Foundation has announced that the dYdX community has voted in favor of upgrading the dYdX Chain protocol software to version V5.0. The software upgrade is set to be implemented at block 17,560,000, which was expected to occur on June 6th at 23:16 Beijing time.
The dYdX Foundation has urged validators to prepare for this upgrade, which includes running the Slinky sidecar V0.4.6 or a newer version. The upgrade is a significant step for the dYdX community, demonstrating their commitment to continuous improvement and adaptation in the rapidly evolving blockchain landscape.
The dYdX Chain protocol software is a crucial component of the dYdX platform, and its upgrade to V5.0 is expected to bring about enhanced performance and functionality. Validators play a critical role in this process, as they are responsible for running the upgraded software and ensuring its smooth operation.
The announcement by the dYdX Foundation underscores the importance of community involvement in decision-making processes within blockchain platforms. The successful vote for the software upgrade indicates a strong consensus among the dYdX community members about the direction of the platform's development.
The dYdX Foundation has urged validators to prepare for this upgrade, which includes running the Slinky sidecar V0.4.6 or a newer version. The upgrade is a significant step for the dYdX community, demonstrating their commitment to continuous improvement and adaptation in the rapidly evolving blockchain landscape.
The dYdX Chain protocol software is a crucial component of the dYdX platform, and its upgrade to V5.0 is expected to bring about enhanced performance and functionality. Validators play a critical role in this process, as they are responsible for running the upgraded software and ensuring its smooth operation.
The announcement by the dYdX Foundation underscores the importance of community involvement in decision-making processes within blockchain platforms. The successful vote for the software upgrade indicates a strong consensus among the dYdX community members about the direction of the platform's development.
#DYDX will undergo v5 upgrade on 6th June, to the moon 😎
#DYDXUSDT 1D
Falling wedge pattern on the #DYDX daily chart. It is trying to break out the pattern resistance and MA50. Targets are:
🎯$2.222
🎯$2.606
🎯$2.917
🎯$3.228
🎯$3.670
🎯$4.234
Supports:
🛡$1.869
🛡$1.600
$DYDX
Falling wedge pattern on the #DYDX daily chart. It is trying to break out the pattern resistance and MA50. Targets are:
🎯$2.222
🎯$2.606
🎯$2.917
🎯$3.228
🎯$3.670
🎯$4.234
Supports:
🛡$1.869
🛡$1.600
$DYDX
#DYDX
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Binance News
--
Cryptocurrency's Fate Not Determined By Politics, Says dYdX Founder Antonio Juliano
According to Odaily, Antonio Juliano, the founder of dYdX, has expressed his disappointment over the perception that the fate of cryptocurrencies is determined by politics rather than the product itself. Juliano's statement comes at a time when the role of politics in the cryptocurrency market is being widely debated. He believes that the value and success of cryptocurrencies should be based on the quality and utility of the product, not political decisions or influences. This perspective emphasizes the importance of innovation and development in the cryptocurrency industry, rather than external factors such as political climate. Juliano's comments have sparked discussions about the factors that truly drive the cryptocurrency market and the role of politics in shaping its future.
#DYDX Gem
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THE UNIQUE DZ
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Bullish
$DYDX from the dream !!
How is that ?
The coin of my demonic companion.
How is that?
A long story with a beautiful ending
What matters to you, the $DYDX investor
On the weekly time frame, there is good accumulation in the Wyckoff pattern reaching 740 days, as shown in the chart.
This indicates a strong upcoming breakout for the currency.
On the four-hour time frame, the same accumulation Wyckoff pattern is confirmed with a 75% rate.
By linking the medium time frame with the larger one, it means the rocket 🚀 launch is in its final stages, and the rocket's targets will be as follows according to Gann cycles:
First target: $6.13
Second target: $10.66, where I expect a slight correction
Third target: $15
Final and expected ATH (All-Time High) 2024-2025 target: $20
#Megadrop #MtGox #EarnFreeCrypto2024 #ETHETFsApproved #FIT21
How is that ?
The coin of my demonic companion.
How is that?
A long story with a beautiful ending
What matters to you, the $DYDX investor
On the weekly time frame, there is good accumulation in the Wyckoff pattern reaching 740 days, as shown in the chart.
This indicates a strong upcoming breakout for the currency.
On the four-hour time frame, the same accumulation Wyckoff pattern is confirmed with a 75% rate.
By linking the medium time frame with the larger one, it means the rocket 🚀 launch is in its final stages, and the rocket's targets will be as follows according to Gann cycles:
First target: $6.13
Second target: $10.66, where I expect a slight correction
Third target: $15
Final and expected ATH (All-Time High) 2024-2025 target: $20
#Megadrop #MtGox #EarnFreeCrypto2024 #ETHETFsApproved #FIT21
#DYDX Levels to watch
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CRYPTOUSDUA
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Detailed analysis of the $DYDX token 05/23/24
Current price 📊
At the time of analysis, the current price of the $DYDX token is $2.044. Let's look at key support and resistance levels, and also use technical indicators for in-depth analysis.
Support Levels 📉
$2.025: The nearest support level that could serve as a basis for short-term growth.
At the time of analysis, the current price of the $DYDX token is $2.044. Let's look at key support and resistance levels, and also use technical indicators for in-depth analysis.
Support Levels 📉
$2.025: The nearest support level that could serve as a basis for short-term growth.
Swing Decentralized Cross-Chain Liquidity Protocol Integrated With dYdX Chain
$DYDX
According to Odaily, decentralized cross-chain liquidity protocol Swing has announced its integration with dYdX Chain. This integration allows users to perform various EVM to USDC token swap transactions on the dYdX Chain. Additionally, Web3 teams and developers can now start building cross-chain dApps on dYdX.
Swing's integration with dYdX Chain marks a significant step in the expansion of decentralized finance (DeFi) capabilities. This gives users more flexibility and options for making transactions, especially those involving EVM and USDC tokens. This move is expected to improve the overall user experience and transaction efficiency on the platform.
Furthermore, the integration also opens up new opportunities for Web3 teams and developers. They can now leverage the combined capabilities of Swing and dYdX Chain to build and deploy cross-chain dApps. This could potentially lead to the development of more innovative and user-friendly applications in the DeFi field.
$DYDX
According to Odaily, decentralized cross-chain liquidity protocol Swing has announced its integration with dYdX Chain. This integration allows users to perform various EVM to USDC token swap transactions on the dYdX Chain. Additionally, Web3 teams and developers can now start building cross-chain dApps on dYdX.
Swing's integration with dYdX Chain marks a significant step in the expansion of decentralized finance (DeFi) capabilities. This gives users more flexibility and options for making transactions, especially those involving EVM and USDC tokens. This move is expected to improve the overall user experience and transaction efficiency on the platform.
Furthermore, the integration also opens up new opportunities for Web3 teams and developers. They can now leverage the combined capabilities of Swing and dYdX Chain to build and deploy cross-chain dApps. This could potentially lead to the development of more innovative and user-friendly applications in the DeFi field.
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泵泵超人
--
How did Mask, which has been deeply involved in SocialFi, become the "little Tencent" of WEB3?
✨ It also focuses on the social networking field and uses large-scale investments to complete its own ecological layout. In addition, its founding team was born out of Tencent.
It is hard not to associate Mask Network @realMaskNetwork's various styles of doing things with Tencent, the social giant in the WEB2 field, so Mask is often affectionately called "Little Tencent in the Cryptocurrency Circle".
Let’s analyze it today.
How did it become today's WEB3 Little Tencent through step-by-step operations 👇🏻👇🏻👇🏻
1️⃣ Ecological layout
Mask Network's entry point is to build a bridge between Web 2.0 and Web 3.0, provide functions such as encrypted social information and currency transactions, connect WEB2 and WEB3, and smoothly bring the huge user base of WEB2 into the new world of WEB3.
It is hard not to associate Mask Network @realMaskNetwork's various styles of doing things with Tencent, the social giant in the WEB2 field, so Mask is often affectionately called "Little Tencent in the Cryptocurrency Circle".
Let’s analyze it today.
How did it become today's WEB3 Little Tencent through step-by-step operations 👇🏻👇🏻👇🏻
1️⃣ Ecological layout
Mask Network's entry point is to build a bridge between Web 2.0 and Web 3.0, provide functions such as encrypted social information and currency transactions, connect WEB2 and WEB3, and smoothly bring the huge user base of WEB2 into the new world of WEB3.
April crypto calendar #BitcoinHalvingDrama #CryptoApril #Cryptocalender #Dogecoin $BTC $ETH $BNB #Altcoins👀🚀
Token unlocking in April
🚨 Major Crypto Token Unlocks Alert for April! 🚨
➡️ $DYDX : $110M on April 1st
➡️ $SUI: $124M on April 3rd
➡️ $EEFI: $10M on April 4th
➡️ $DYM: $25M on April 6th
➡️ $GMT: $38M on April 9th
➡️ $CGPT: $15M on April 10th
➡️ $APT: $428M on April 12th
➡️ $NGL: $35M on April 12th
➡️ $SEI: $110M on April 15th
➡️ $ZBC: $11M on April 15th
➡️ $STRK: $141M on April 15th
➡️ $UNI: $111M on April 16th
➡️ $ARB: $153M on April 16th
➡️ $LMWR: $23M on April 16th
➡️ $AXS: $172M on April 17th
➡️ $MANTA: $81M on April 18th
➡️ $ALT: $63M on April 25th
➡️ $RON: $152M on April 27th
➡️ $AXL: $55M on April 28th
➡️ $DYDX : $110M on April 1st
➡️ $SUI: $124M on April 3rd
➡️ $EEFI: $10M on April 4th
➡️ $DYM: $25M on April 6th
➡️ $GMT: $38M on April 9th
➡️ $CGPT: $15M on April 10th
➡️ $APT: $428M on April 12th
➡️ $NGL: $35M on April 12th
➡️ $SEI: $110M on April 15th
➡️ $ZBC: $11M on April 15th
➡️ $STRK: $141M on April 15th
➡️ $UNI: $111M on April 16th
➡️ $ARB: $153M on April 16th
➡️ $LMWR: $23M on April 16th
➡️ $AXS: $172M on April 17th
➡️ $MANTA: $81M on April 18th
➡️ $ALT: $63M on April 25th
➡️ $RON: $152M on April 27th
➡️ $AXL: $55M on April 28th
See original
Unveiling the Potential of #TIA
Introduction:
Introduce TIA Coin as a promising cryptocurrency that has gained traction in the digital asset landscape. Highlight its unique features and what sets it apart from other cryptocurrencies.
Understanding TIA Coin:
Provide a detailed explanation of what TIA Coin is, its underlying technology, and the principles it operates on.
Discuss the history of TIA Coin, including its inception, development milestones, and any significant events that have shaped its journey.
Key Features and Benefits:
Outline the distinctive features and functionalities of TIA Coin that make it an attractive investment or utility token.
Explore the benefits of using TIA Coin, such as security, efficiency, low transaction fees, and potential for scalability.
Use Cases and Applications:
Examine the various use cases of TIA Coin across different industries and sectors, highlighting its versatility and potential for widespread adoption.
Discuss real-world applications where TIA Coin is being utilized or has the potential to revolutionize existing systems.
Market Analysis and Performance:
Provide an overview of TIA Coin's market performance, including its price history, market capitalization, trading volume, and price volatility.
Analyze the factors influencing TIA Coin's price movements and its positioning within the broader cryptocurrency market.
Regulatory Considerations and Risks:
Address any regulatory challenges or compliance issues that TIA Coin may face in different jurisdictions.
Discuss potential risks associated with investing in or using TIA Coin, such as market volatility, security vulnerabilities, or regulatory uncertainty.
Future Outlook and Growth Potential:
Offer insights into the future prospects of TIA Coin, including potential opportunities for growth, challenges to overcome, and emerging trends in the cryptocurrency space.
Discuss the long-term vision and roadmap for # #RIA Coin and how it aims to stay competitive in a rapidly evolving market.
Summarize the key points discussed in the article and emphasize the significance of TIA Coin in shaping the future of decentralized finance and digital currencies. Encourage further research and exploration into TIA Coin for investors, developers, and enthusiasts alike.
It can be thought that crypto can make a big breakthrough after the halving.
#Write2Earrn
Introduce TIA Coin as a promising cryptocurrency that has gained traction in the digital asset landscape. Highlight its unique features and what sets it apart from other cryptocurrencies.
Understanding TIA Coin:
Provide a detailed explanation of what TIA Coin is, its underlying technology, and the principles it operates on.
Discuss the history of TIA Coin, including its inception, development milestones, and any significant events that have shaped its journey.
Key Features and Benefits:
Outline the distinctive features and functionalities of TIA Coin that make it an attractive investment or utility token.
Explore the benefits of using TIA Coin, such as security, efficiency, low transaction fees, and potential for scalability.
Use Cases and Applications:
Examine the various use cases of TIA Coin across different industries and sectors, highlighting its versatility and potential for widespread adoption.
Discuss real-world applications where TIA Coin is being utilized or has the potential to revolutionize existing systems.
Market Analysis and Performance:
Provide an overview of TIA Coin's market performance, including its price history, market capitalization, trading volume, and price volatility.
Analyze the factors influencing TIA Coin's price movements and its positioning within the broader cryptocurrency market.
Regulatory Considerations and Risks:
Address any regulatory challenges or compliance issues that TIA Coin may face in different jurisdictions.
Discuss potential risks associated with investing in or using TIA Coin, such as market volatility, security vulnerabilities, or regulatory uncertainty.
Future Outlook and Growth Potential:
Offer insights into the future prospects of TIA Coin, including potential opportunities for growth, challenges to overcome, and emerging trends in the cryptocurrency space.
Discuss the long-term vision and roadmap for # #RIA Coin and how it aims to stay competitive in a rapidly evolving market.
Summarize the key points discussed in the article and emphasize the significance of TIA Coin in shaping the future of decentralized finance and digital currencies. Encourage further research and exploration into TIA Coin for investors, developers, and enthusiasts alike.
It can be thought that crypto can make a big breakthrough after the halving.
#Write2Earrn
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