Matcha.xyz (@medmatcha) • Hey
The best DeFi experience across #Ethereum, #BSC, #Polygon, #Avalanche, #Fantom, #Celo, #Optimism.
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Publications
- I told my wife she was drawing her eyebrows too high. She looked surprised!
- When life gives you lemons, throw them at someone's face and ask if they liked a little punch with their lemonade.
- Solana traders prepare for FTX-induced sell pressure on SOL — Is it premature?
Crypto traders are talking about the SOL price falling due to the risk of FTX selling its null.06 billion Solana stake. Are they overexaggerating?
For a long time, Solana has been associated with the founder of now-insolvent crypto exchange FTX and hedge fund Alameda Research, Sam Bankman-Fried. He was an early investor in the project and invested in numerous Solana ecosystem projects during the 2020-2021 bull mania.
So when FTX collapsed toward the end of 2022, Solana
SOL
$19 and other “Sam coins” plummeted significantly — with Solana falling to lows of $9.89, down 96.3% from the peak of $259.96.
Since the start of 2023, Solana’s price has staged a recovery, gaining 175% to reach a peak of $27.37 as the ecosystem also witnessed growth.
However, more recently, SOL came under tremendous selling pressure after the Delaware Bankruptcy Court approved the sale of FTX’s digital assets, which include 55.75 million SOL worth null.062 billion. However, the unlock schedule of FTX’s holdings and derivatives market positioning suggest that a counter move to the upside could happen instead.
- VanEck, ARK filings officially start clock for spot Ethereum ETFs: Analyst
Bloomberg ETF analyst James Seyffart expects more spot Ethereum ETFs to be filed in the coming days.
The race for the United States’ first spot Ethereum exchange-traded fund has officially begun after new 19b-4 filings by the Chicago Board Options Exchange, which will “ultimately start the clock” for a Securities and Exchange Commission decision.
On Sept. 6, the CBOE filed two 19b-4 applications to the United States securities regulator, requesting for the ARK 21Shares Ethereum ETF and VanEck Ethereum ETF investment products to be listed on CBOE’s BZX Exchange.
In a series of tweets, Bloomberg ETF analyst James Seyffart noted that as opposed to the previously submitted S-1 filings, the 19b-4 filings mean that the countdown for a decision by the SEC is now in motion.
“The Spot #Ethereum ETF Race is officially on,” Seyffart declared, estimating a final deadline around May 23, 2024.
- Time to love and live....
- $3M OKX airdrop, 1-hour due diligence on 3AC, Binance AI — Asia ExpressOKX to reimburse users over alleged market manipulation incident, 10,000 Binance AI NFTs minted in less than 3h and more....
https://cointelegraph.com/magazine/3m-okx-airdrop-1-hour-due-diligence-on-3ac-binance-ai-asia-express/
- HSBC, Nationwide Impose New Restrictions on Cryptocurrency Purchases in UK
**HSBC and Nationwide have imposed new restrictions on cryptocurrency purchases in the U.K. The two financial institutions cited a warning from the Financial Conduct Authority (FCA), the British regulator overseeing the financial services industry, regarding the risks involved in purchasing cryptocurrencies.**
https://news.bitcoin.com/hsbc-nationwide-impose-new-restrictions-on-cryptocurrency-purchases-in-uk/
- Learned about all the web3 lingo on @orbapp.lens app, and also got a NFT. Now I'm certified slang master 🧙
#orb #orbapp #orbsbt
- Learned about basic fundamentals of Non-Fungible Token (NFT) on @orbapp.lens app, and also got a sick NFT 🤩
#orb #orbapp #orbsbt
- Learned about basic fundamentals and mission of @orbapp.lens project, and got a sick NFT 🔥
#orb #orbapp #orbsbt
- Learned about basic fundamentals and features of @LensProtocol on the @orbapp.lens app, and got a dope NFT 🌿
#orb #orbapp #orbsbt
- Learned about basic fundamentals of crypto wallet on @orbapp.lens app, and got a sick NFT 🤯
#orb #orbapp #orbsbt
- Learned about basic fundamentals of web3 on @orbapp.lens app, and got a dope NFT 😇
#orb #orbapp #orbsbt
- The Bitcoin bottom — Are we there yet? Analysts discuss the factors impacting BTC price
$20,000 is becoming the “new” resistance for BTC price even though multiple indicators are screaming “buy.” Analysts share their views on the future of Bitcoin price.
https://cointelegraph.com/news/the-bitcoin-bottom-are-we-there-yet-analysts-discuss-the-factors-impacting-btc-price
- We're currently hiring for:
🍵 Software Engineer, Front-end
http://boards.greenhouse.io/0x/jobs/4769557002
🍵 Software Engineer, Full-stack
http://boards.greenhouse.io/0x/jobs/4020199002
Check out the job postings and see if we're a match(a) for your career!
https://boards.greenhouse.io/0x/jobs/4020199002
- Three most worthless tools for a chartist are:
1. Trendlines
2. Other diagonal lines
3. RSI and similar (exception is triple divergence of RSI and price)
Chart below is map to new galaxies discovered by the Webb telescope
- Crypto.com secures UK registration for 'cryptoasset activities’
As defined by the FCA, "cryptoasset activity" includes anything that involves exchanging one crypto for another or exchanging crypto for fiat and vice versa.
https://cointelegraph.com/news/crypto-com-secures-uk-registration-for-cryptoasset-activities
- Former Goldman Sachs banker explains why Wall Street gets Bitcoin wrong
According to John Haar, who used to count himself within the ranks of the traditional finance field, a fundamental understanding of "sound money" is preventing Wall Street from embracing Bitcoin.
https://cointelegraph.com/news/former-goldman-sachs-banker-explains-why-wall-street-gets-bitcoin-wrong
- Google invested a whopping null.5B into blockchain companies since September
Other notable corporate investors include BlackRock, Morgan Stanley, Samsung and Goldman Sachs, according to a report from Blockdata.
https://cointelegraph.com/news/google-invested-a-whopping-1-5b-into-blockchain-companies-since-september
- Colombia to prevent tax evasion with national digital currency: Report
A national digital currency would help curb tax evasion in Colombia, which is estimated at up to 8% of GDP, the head of Colombia’s tax and customs agency said.
https://cointelegraph.com/news/colombia-to-prevent-tax-evasion-with-national-digital-currency-report
- Despite crypto being volatile atm, reflecting on our 2nd year reminds us to zoom out. This past year we:
📈 exchanged $39B in volume across 2M+ trades
⛓️ added 4 new chains
🐋 launched an OTC system
💻 improved speed + reliability
💪 grew our team and currently hiring for more!
- Tornado Cash developer detained, Core Scientific cuts jobs, and BlackRock’s bitcoin bet: CNBC Crypto World
https://www.cnbc.com/video/2022/08/12/tornado-cash-developer-core-scientific-cuts-jobs-blackrock-bitcoin-crypto-world.html
- Sept. 22 is the date for Cardano’s Vasil hard fork launch, 3 months after target date
The latest upgrade, which is the blockchain’s fifth, will include improvements to the Plutus programming language and promises greater scalability for lower fees.
https://cointelegraph.com/news/sept-22-is-the-date-for-cardano-s-vasil-hard-fork-launch-3-months-after-target-date
- Brazilian SEC seeks to change its role in cryptocurrency regulation
Resistant to overseeing the space in the past, the agency said it now plans to work on the definition of virtual assets.
https://cointelegraph.com/news/brazilian-sec-seeks-to-change-its-role-in-cryptocurrency-regulation
- Sept. 22 is the date for Cardano’s Vasil hard fork launch, 3 months after target date\nThe latest upgrade, which is the blockchain’s fifth, will include improvements to the Plutus programming language and promises greater scalability for lower fees.\nhttps://cointelegraph.com/news/sept-22-is-the-date-for-cardano-s-vasil-hard-fork-launch-3-months-after-target-date
- Quote Comparisons are live on Matcha! 🍵
You can now quickly see:
• How much money you're saving with Matcha
• USD equivalents for token inputs/outputs
• Estimated price impact
• How the trade is being routed
Learn more:
https://blog.matcha.xyz/quote-comparisons-are-now-live/
- Understanding The Reasons Why Crypto Is Down
Cryptocurrencies are having a bad 2022, and it looks like the 2020-2021 parties are over. Ever since hitting ATHs in November 2021, crypto has been on a steady decline. However, experts are still debating the exact start date of the bear market.
https://phemex.com/blogs/reasons-why-crypto-is-down
- Wounded Crypto Traders Desperate for Clues From Fed’s Big Meeting This Week
The central bank’s annual Jackson Hole, Wyoming, conference could provide hints on where interest rates are headed – and thus where crypto prices will go.
https://www.coindesk.com/markets/2022/08/24/wounded-crypto-traders-desperate-for-clues-from-feds-big-meeting-this-week/
- Crypto mining can benefit Texas energy industry: Comptroller’s office
Given the unique positioning of the crypto mining market, Texas officials believe miners can participate in demand response programs — which involve turning off miners’ power during peak demand.
https://cointelegraph.com/news/crypto-mining-can-benefit-texas-energy-industry-comptroller-s-office
- 'Atozy you've won' — Bitboy drops lawsuit after $200K defense raised
“So we are gonna drop the lawsuit, 100% and I'm sorry this became public,” said Ben Armstrong.
https://cointelegraph.com/news/atozy-you-ve-won-bitboy-drops-defamation-lawsuit-200k-defense-raised
- It's a go! Uniswap Foundation becomes reality after 86M votes in favor
The foundation aims to streamline Uniswap's grants program and "reinvigorate governance."
https://cointelegraph.com/news/it-s-a-go-uniswap-foundation-becomes-reality-after-86m-votes-in-favor
- Tired of MEV attacks? Matcha has you covered!
Our new Slippage Protection feature powered by 0x API enables MEV-aware smart order routing for Matcha trades. We truly do deliver the best executed price 💸
Learn how it works 👇
https://blog.matcha.xyz/quote-comparisons-are-now-live/
- Our thesis for the multi-chain future is more relevant than ever⛓
The number of blockchains continues to grow along with the adoption of blockchain tech📈
Read how deBridge provides a decentralized, composable, and secure cross-chain infrastructure👇 https://blog.debridge.finance/the-state-of-a-multi-chain-ecosystem-in-2021-def51f0fcf9f
- Mark Cuban calls buying Metaverse land "the dumbest sh*t ever"
Even though Mark Cuban, billionaire investor and owner of the Dallas Mavericks, is a member of the Bored Ape Yacht Club (BAYC), he is a vocal critic of the trend of selling plots of virtual land in the metaverse.
https://www.wikibit.com/en/202208101654984761.html?client=gads
- BlackRock Launches Spot Bitcoin Private Trust, Bitcoin Outlook as Ethereum Merge Approaches
"All About Bitcoin" discusses the news moving crypto markets. BlackRock offers U.S.-based institutional investors a spot bitcoin private trust. How could the Tornado Cash U.S. ban impact the future of crypto? Guests include Alex Thorn, head of research at Galaxy Digital and Doug Schwenk, CEO of Digital Asset Research.
https://www.coindesk.com/tv/all-about-bitcoin/all-about-bitcoin-august-11-2022/
- Crypto lending platform Hodlnaut suspends services due to liquidity crisis
Hodlnaut avoided 3AC exposure and earlier denied ever buying UST, but several reports and on-chain data have shown that the lending firm at one point owned over $150M worth of UST.
https://cointelegraph.com/news/crypto-lending-platform-holdnaut-suspends-services-due-to-liquidity-crisis
- Axie Infinity cuts rewards from classic game, subtly forcing P2E players to new mode
The team described the move as part of its efforts to balance the economy for the Smooth Love Potion token.
https://cointelegraph.com/news/axie-infinity-cuts-rewards-from-classic-game-subtly-forcing-p2e-players-to-new-mode
- Bitcoin traders still favor new $20K lows as Ethereum hits $2K
It is high time for a deeper retracement on the "relief" rally in Bitcoin, say commentators, but upside targets of $28,000 stay on the table.
https://cointelegraph.com/news/bitcoin-traders-still-favor-new-20k-lows-as-ethereum-hits-2k
- Bitcoin Mining Operations Continue to Expand Amid the Crypto Winter, While Converting 'Wasted Gas to Energy at Scale'
The bitcoin mining industry continues to expand as companies are obtaining more megawatts of capacity, building new facilities, and acquiring thousands of application-specific integrated circuit (ASIC) mining rigs. On Friday, the firm Validus Power revealed it has acquired two natural gas power stations in Ontario, Canada, that will become crypto mining facilities. On the same day, the firm Applied Blockchain got a $15 million loan to fund growth and “buildout of its data centers.” While the bitcoin mining industry’s growth has been exponential, at the same time, bitcoin mining operations are making a significant dent toward cleaning up the world’s CO2 emissions.
https://news.bitcoin.com/bitcoin-mining-operations-continue-to-expand-amid-the-crypto-winter-while-converting-wasted-gas-to-energy-at-scale/
- How much are YOU saving with Matcha? 🍵
With our new Quote Comparisons you can see exactly how much you are saving by using Matcha compared to other DEXs 🤑
Try it it out @ http://matcha.xyz