June 23rd 2024
Lately I’ve noticed that after every drop, the first projects to bounce back with strength are the big, OG Ethereum DAOs. Specifically UNI, ENS, LIDO.
My hunch is the market (or someone) thinks these could be next in line for ETFs if/when the Ethereum ETF goes live.
DeFi projects are still getting pummeled, although we passed $100B in Total Value Locked (TVL) this week which isn’t that far from the $180B all time high in Nov 2021. And Decentralized Exchange (DEX) volumes are at $120B/month which is half the 2021 peak.
Crypto presidential candidates could bring some attention our way as things heat up for a Nov election. Which is just in line with when I expect us to break into uncharted territory.
Till then, just buying the dips.
To the moon 🚀 — @GΞR฿Z Founder & Creator @ BitLift
The BitLift Podcast
Last week I talked with my buddy @JamesonEth who thinks the 4 year cycle is broken and the top is coming this summer. I’ve been trying not to put up blinders to ideas I don’t agree with ;)
Crypto Podcast Snips
I listen to a ton of crypto podcasts and started bookmarking important moments using Snipd to share with you guys on Instagram, TikTok and YouTube.
Anthony Pompliano: “ What can You Buy Instead of Ethereum?”
Cathie Wood on “Currency Devaluations”
Anatoly Yakovenko: “ How Ethereum makes money?”
Keep Up With Crypto
What I’m reading, watching, sharing and keeping an eye on in crypto recently.
@GERBZ: Why is Michael Dell creating bitcoin memes? Michael is worth $160B and Dell is sitting on $6B in cash...
From the BitLift Discord
@GERBZ: Ethereum 2.0 is NOT a security (says the SEC)
@GERBZ: Where Blur is heading next
@GERBZ: Bottoms in
@GERBZ: I just picked up the first 4 eboy Blockbobs 000-001
@badjanitor: I don't understand how Terraform labs even has $4B that hasn't been given out to creditors
@GERBZ: Figured this out. Here's the actual proposed plan.
