In the next few hours, $825.5m worth of PYTH will be unlocked, releasing tokens equivalent to 141% of the current circulating supply. Different from ChainLink which has PUSH mechanism, as a representative of PULL mechanism, PYTH has developed rapidly in the past year. Nearly 200 protocols currently use PYTH as oracle. And as the demand for high-frequency data such...
Based on the rebranding, AEVO recently started the conversion with RBN. The conversion ratio is 1:1. This provides traders with significant basis arbitrage opportunities. Although it is a rebranding, RBN's main product is the option vault, which transforms the option seller market into vaults to provide continuous yield. In addition to options, AEVO provides...
In the past two days, the U.S. stock GameStop has experienced another obvious pump again after three years. Roaring Kitty, a representative of retail investors, posted on X after three years of silence. The follow-up of retail investors caused the stock price to rise. At the same time, meme coin GME, Kitty, etc. also had pumps. Due to its poor performance,...
Venture fund Pantera Capital said that its investment in Ton was the largest in the fund's history last week. TON (The Open Network) is a fully decentralized Layer-1 blockchain designed by Telegram. According to analysts’ research on Pantera, it is believed that this investment may exceed US$250 million. This is an amazing value in the market. The founder of...
If you regularly engage in DeFi activities, Sui may be familiar to you. This is a network designed to build complex DeFi activities. Relying on a dedicated high-security wallet and Object concept to provide an environment for Dapps that are difficult to innovate on EVM. Judging from the current Defi ecosystem, Sui is undoubtedly second only to the mainnet and...
After the Federal Reserve slowed its balance sheet reduction and the labor market cooled more than expected, BTC led the token rebound. Compared with the dump that the token experienced in April, the price of BNB has always remained at a high level. This is related to Binance’s frequent Launchpad and Megadrop launches. The logical upper limit of BNB fundamentals...
OpenAI announced that it may release the ChatGPT board search engine on May 9. Unlike other crypto sectors, the AI sector has a high correlation with the market behavior of U.S. technology companies. The most obvious ones are OpenAI and WLD. WLD, as a global token issued by Sam, OpenAI CEO, is regarded by many traders as the embodiment of OpenAI's value. This is...
We analyzed the fundamentals and technical aspects of Maker DAO in early April. Let's take a look at the changes after a month. Fundamentally, as the head protocol of RWA, MakerDAO is famous for its security. But after ONDO established cooperation with BlackRock fund BUIDL. MakerDAO chose to expand its $600 million DAI exposure to Ethena’s USDe and sUSDe. This...
Altcoin temporarily halted its decline as BTC began to rebound, but many tokens are still below their prices half a month ago. Among all tokens, we discovered an interesting phenomenon. As a meme coin, DOGE's performance in April was stronger than most other tokens, close to BTC. As we all know, meme coin is not supported by the any protocols, but more by the...
Many tokens have fallen sharply, but BNB has once again exceeded 600 during the rebound. Although the SEC’s charges against Binance will bring uncertainty to BNB, we have to admit that BNB is one of the tokens with a strong ecosystem buff in the market. In the bull market, Launchpad has brought additional benefits with less risk than other DeFi activities. And...
After a series of sharp fall, the market entered a period of calm. BTC found support from bulls at range lows, while Altcoin remained fluctuating. Market sentiment is low and tokens may continue to remain volatile before the BTC halving. Today we review the use of KAMM indicator on KDA. KDMM is a momentum indicator that can capture profits during fluctuation. It...
Although the market experienced a long period of rise, many tokens experienced significant callback after BTC failed to break through ATH. So again we explain how the TSB indicator is used to help even with switching trends. TSB indicator is a trend indicator based on AI algorithm. When the TSB indicator gives a BUY signal, it means that the token has entered a...
After BTC failed to break through 71000 for several days, accompanied by sudden geopolitical issues, the crypto market began a violent callback. BTC remains near 65000 after slight rebound. ETH touched 3000. The average correction of Altcoin remains above -20%. There is no doubt that most tokens have fallen into decline. After the Dencun upgrade, possibly due to...
Like the previous few days, BTC continued to fluctuate around ATH, and most tokens experienced a correction. CKB (Nervos Network) is one of the few tokens that maintains a bullish trend. Unlike some blockchain that focus on single-layer development, CKB is a layered blockchain. One layer is where state is stored and defined, while the second layer handles most...
The bulls of most tokens, including ETH, have significantly declined, while BTC has rebounded close to 70000, and the high point of the correction has gradually increased. BTC maintains strong purchasing power with the support of ETFs. In the past bull market, some tokens would use BTC as a reference. After continuous rises, market makers would evaluate the...
After talking about the RWA protocol GFI last week, GFI continues to perform strongly. It has gained more than 20% since the release of our analysis and remains bullish on the indicators. After BlackRock established the BUIDL fund, MakerDAO, one of the leading RWA protocols, also gained attention. The core business of Maker DAO is CDP, which is the creation of...
Meme coins are the main topic of March. Various animals appear on different chains and create a frenzy. With the strong performance of the Solana ecosystem, WIF surpassed PEPE last week and reached the third place in the market cap ranking of meme coins. In this process we discovered a very interesting pattern. When new meme coins appear and quickly accumulate...
Most people believe that BlackRock’s application for a BTC ETF brought about the bull market. Although it took up to 6 months from submission to approval, and during this period it was rejected several times by the SEC. But BlackRock relied on its rich experience in ETF applications to finally complete this historic act. In addition to being a shareholder of...