Karim (@treeroot) • Hey
Crypto Explorer
Publications
- Some Major news
- $LINK Chainlink collabs with Fidelity International and Sygnum to bring NAV (Net asset value) data on-chain
- $FLR Flare integrates to L0 allowing it to access over 70+ different blockchains
- DWF launches $20M fund to empower projects in Chinese speaking regions. Projects focused in GameFi, SocialFi, memes, L1/L2
- $OAS $CELR Gaming blockchain, Oasys integrates Circle's new bridgedusdc Standard into their Chain via CelerNetwork’s cBridge
- $PBUX Initially a BNB chain metaverse project, Playbux has expanded to become an AI-powered, gas-free L1
- Consensys has acquired Wallet Guard to increase Mêtāma$k security
- Symbotic crosses nullB in deposits under 1month
- Obol labs forms group to push advancement Decentralized Validator technology
- Hopefully, several of you will make some life changing gains.
It’s tempting to want to immediately upgrade your lifestyle. You’ve had a chip on your shoulder your whole life.
You want to buy the Rolex, the new car, and rent the new high rise. You want to show everyone you’ve “made it.”
But the future is unpredictable - especially in Crypto.
Your first order of business should be to find ways to permanently raise your floor.
• This means paying off debt.
• Buying assets such as a home, or funding your retirement.
• Building a year’s worth of emergency funds.
By doing this, you’re giving an advantage to your future self. If you fail, you’ve given yourself a nice cushion to fall on.
I’ve seen way too many people in this space go from riches to ramen.
I You feel the dopamine for a few days and then life returns back to normal.
(think about the last time you bought a new phone or laptop)
Nothing beats the feeling of financial security and the peace of mind that comes with it.
- BREAKING: JupiterExchange announced that $60M worth of Active Staking Rewards (ASR) will be distributed this week.
The total pool will include 50M $JUP, 7.5B $WEN, 7.5M $ZEUS, 7.5M $UPT, and 750K $SHARK.
- Robinhood, one of the friendliest exchanges for onboarding new crypto investors, wants to start offering Bitcoin and Ether futures in the US.
Besides the US, the company plans to use licenses from Bitstamp, which it's buying, to offer perpetual futures in Europe.
Crypto derivatives (financial products “mirroring” crypto assets) are popular, with monthly trading volume reaching $3.69 trillion, way more than spot trading.
- 𝗧𝗵𝗲 𝗦𝗘𝗖 𝘀𝗽𝗮𝗿𝗲𝘀 𝗻𝗼 𝗼𝗻𝗲, 𝗲𝘃𝗲𝗻 𝗯𝗮𝗻𝗸𝘀”
Silvergate Bank, once a major player in crypto banking, faces a $50 million fine for allegedly misleading investors about its ties to FTX.
The bank failing to catch $9 billion in transfers between FTX and its sister company Alameda raised questions among regulators about its anti-money laundering practices.
Silvergate was one of the few crypto-friendly banks - it served major crypto players like Coinbase and Gemini
- 𝗣𝗼𝗹𝗸𝗮𝗱𝗼𝘁 𝗺𝗶𝗴𝗵𝘁 𝗻𝗼𝘁 𝗯𝗲 𝘁𝗵𝗲 𝗯𝗲𝘀𝘁 𝗶𝗻 𝗺𝗮𝗿𝗸𝗲𝘁𝗶𝗻𝗴”
Polkadot spent $37 million on marketing, including sports deals, KOL marketing, etc.
Critics say this spending is wasteful and shows Polkadot is too centralized, comparing it to failed crypto companies.
With two years of money left, Polkadot's future is uncertain.
- In July 2024 approximately $695 million worth of tokens will be unlocked across several projects.
The three biggest unlocks are:
alt_layer — $117.9M (25/07) — $ALT
XAI_GAMES — $83.8M (09/07) — $XAI
Aptos — $81M (12/07) — $APT
Additional unlocks by amount:
arbitrum — $74.9M (16/07) — $ARB
worldcoin — $53M (linear unlock) — $WLD
Immutable — $51.3M (12/07) — $IMX
starknet — $45.6M (15/07) — $STRK
ionet — $24.6M (01/07) — $IO
Optimism — $18.4M (15/07) — $OP
yugalabs — $15.2M (17/07) — $APE
AxieInfinity — $14.95M (16/07) — $AXS
pixels_online — $13.12M (19/07) — $PIXEL
SpaceIDProtocol — $8.52M (22/07) — $ID
YieldGuild — $8.3M (27/07) — $YGG
ethena_labs — $7.93M (07/07) — $ENA
MantaNetwork — $7.05M (18/07) — $MANTA
EchelonFND — $7.49M (16/07) — $PRIME
Galxe — $6.7M (05/07) — $GAL
Rendernetwork — $5.99M (16/07) — $RNDR
- Having an additional income stream apart from your 9-5/crypto investments is the secret behind long-term prosperity
- BREAKING: FEDERAL JUDGE PARTIALLY DISMISSED @SECGOV'S LAWSUIT AGAINST @BINANCE FOUNDER CHANGPENG ZHAO
- Germans selling their $BTC
Mt.Gox selling their $BTC.
SEC attack on crypto spree.
𝐉𝐔𝐒𝐓 𝐁𝐄𝐅𝐎𝐑𝐄…
ETH S1 approval.
𝐀𝐋𝐋 𝐓𝐇𝐄 𝐓𝐈𝐌𝐄 𝐖𝐇𝐈𝐋𝐄…
Bitcoin hangs on to weak support.
𝐏𝐀𝐘 𝐀𝐓𝐓𝐄𝐍𝐓𝐈𝐎𝐍…
If we can hold this battered last support after monumental amounts of FUD then…
𝐓𝐇𝐄 𝐁𝐔𝐋𝐋 𝐂𝐎𝐍𝐓𝐈𝐍𝐔𝐄𝐒
- Germans selling their $BTC
Mt.Gox selling their $BTC.
SEC attack on crypto spree.
𝐉𝐔𝐒𝐓 𝐁𝐄𝐅𝐎𝐑𝐄…
ETH S1 approval.
𝐀𝐋𝐋 𝐓𝐇𝐄 𝐓𝐈𝐌𝐄 𝐖𝐇𝐈𝐋𝐄…
\> Bitcoin hangs on to weak support.
𝐏𝐀𝐘 𝐀𝐓𝐓𝐄𝐍𝐓𝐈𝐎𝐍…
If we can hold this battered last support after monumental amounts of FUD then…
𝐓𝐇𝐄 𝐁𝐔𝐋𝐋 𝐂𝐎𝐍𝐓𝐈𝐍𝐔𝐄𝐒
- 𝗶𝗣𝗵𝗼𝗻𝗲 𝘂𝘀𝗲𝗿𝘀, 𝘄𝗮𝘁𝗰𝗵 𝗼𝘂𝘁 𝗳𝗼𝗿 𝘀𝗰𝗮𝗺𝘀!"
A fake Phantom wallet app in Apple's App Store is taking people's crypto when they try to recover their accounts.
The fake app shows up as an ad before the real Phantom wallet when users search for it.
This isn't the first such a situation happened on the Apple Store - people think that iPhones are 100% secure, but they're not. Always ensure you are downloading the right apps.
𝟰. “𝗙𝗼𝗿𝗺𝗲𝗿 𝗖𝗘𝗢 𝗼𝗳 𝗣𝗮𝘆𝗣𝗮𝗹 𝗵𝗼𝗹𝗱𝘀 𝗕𝗶𝘁𝗰𝗼𝗶𝗻, 𝗯𝘂𝘁…”
Peter Thiel confirmed he still owns Bitcoin, wishing he'd bought more earlier.
However, he said, "I'm not sure it's going to go up that dramatically from here."
His company, Founders Fund, put $100 million into Bitcoin last year when it cost less than $30,000.
- Some crypto news
𝗟𝗼𝗴𝗮𝗻 𝗣𝗮𝘂𝗹 𝘀𝘂𝗲𝘀 𝗰𝗿𝘆𝗽𝘁𝗼 𝗬𝗼𝘂𝗧𝘂𝗯𝗲𝗿"
Logan Paul filed a lawsuit against Coffeezilla for videos claiming Paul's NFT game was a scam.
Paul wants $75,000 plus other costs, saying Coffeezilla lied to get more views.
The lawsuit blames others for the game's failure and says Paul tried to make it right with buyers by buying all their NFTs back.
𝟮. "𝗔𝗻𝗼𝘁𝗵𝗲𝗿 𝗯𝗶𝗴 𝗱𝗼𝗻𝗮𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗗𝗼𝗻𝗮𝗹𝗱 𝗧𝗿𝘂𝗺𝗽 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗰𝗿𝘆𝗽𝘁𝗼 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆"
Jesse Powell, who started Kraken (one of the largest crypto exchanges) gave Donald Trump null million worth of cryptos (mostly in ETH).
Powell says the current government is too hard on crypto companies, making it hard for the U.S. to stay ahead in this new tech area.
We informed you a few days ago that the Gemini exchange founders also donated null million to Donald Trump.
- Bitcoin's supply in Asia has doubled
- You stayed patient when the markets are choppy
You're buying when it feels uncomfortable
You keep learning when everyone's gone
When the markets become euphoric and you start getting rewarded, be prepared for:
Wow, you got so LUCKY with Crypto
- Gm phavers
- Some major news from yesterday
$SOL Solana announce launch of Blinks (blockchain links) that transforms onchain actions into shareable links
- $ADA Cardano blockchain scaled through a DDoS attack because it has no single point of failure
- $ETH Vaneck files Form 8-A for its ETH product as ETF approval looms
- $Blast airdrop today
- $BTC German Gov wallet have transferred 900 BTC of which 400 BTC was transferred to
Kraken and Coinbase.
- Fluent’s public devnet is now live. Devs can build a connected EVM and Wasm dapp
- RAAS Conduit raise $37M Series A, led by Paradigm and Haun Ventures
- Devs behind AI protocol Allora Network, Allora Labs raise $35M in total funding with Polychain etc as investors
- imo, not having a wage / income while trading crypto is one of the dumbest things you can do
>you will always do two things when you know you have a financial safety net backing your investments
take more risks
make better decisions
>if you’re relying solely on your investing to live, pay bills, save etc
You will make the worst decisions
You will take the least amount of risk
Don’t just quit work to go full time crypto unless you are actually working in crypto
>this is honestly some of the best advice I can possibly give from experience
- The positive aspect of this price action is that more and more people are waking up to the undeniable truth:
PA is king
Those who are suffering right now are those who followed the tips of major accounts that were preaching to "buy the dip" because altseason was so close or those who had a horrible risk management because devoured by the monster of greed.
"ETF, Blackrock, VanEck, Trump, Saylor, Aliens, my grandmother going to the grocery using BTC..
Charts are everything you need, the rest is bullshit.
- Some upcoming news
$BLAST - Blast is launching its token and airdrop on June 26
$TRUMP $MAGA $BODEN - The presidential debate between Biden and Trump is scheduled for June 27. This could have an impact on the price of the memecoins related to the 2 presidential candidates
$ENA - First $ENA restaking pools on Symbiotic will be released on June 26. Symbiotic is a protocol that enables the restaking of any asset
$GMX - GMX will start distributing 5.4M ARB tokens as ecosystem incentives on June 26
$OP - $57M worth of OP tokens will be unlocked on June 30. All of it will go to core contributors & investors
- Gm
- Some Major news
- $SOL Canadian investment fund 3iQ files to launch Solana ETF in North America
- $BTC MicroStrategy acquired 11,931 BTC for ~$786.0M using proceeds from convertible notes & excess cash
- $Next $Rez Hyperlane collaborates with Everclear to add permissionless interoperability to Renzo’s $ezETH
- Coinbase will list $Core today
- $FTM Fantom commits 200M FTM for Sonic Labs Investor Fund to to accelerate partner migration for their Sonic launch
- $CQT Covalent is launching Taiko and zksync airdrop to $CQT stakers. This is part of their ecosystem airdrop campaign for their token holders
- Particle raises $15M in latest funding round led by Spartan Capital, bringing total tugging to $25M
- $OP Any DA layer can now build their own DA server to integrate into the OP Stack in Beta
- Make. Crypto. Simple. Again.
DePin, modularity, restaking, zkEVM—too complex, and tough to pitch.
Let the builders handle that.
We need cool consumer apps with tokens to make crypto easy & fun.
A few areas to look at:
- SocialFi
- Telegram dApps
- GameFi
- NFTs & metaverse (still fun but needs innovation)
- Gm phavian
- Gm everyone
- Major crypto news
$Matic Sandeep teases two major announcement
$IoTex cofounder Raullen, tease “Big week coming” announcement
$CRV $CVX After founder’s recent liquidation and scaling through, no more bad debt or loans
Wasabi, memecoin and NFT leverage trading protocol raise $3M led by Electric Capital
Deutsche Telekom, the parent company of T-Mobil to start BTC mining soon
Crypto Trading firm Cumberland has been granted a NY BitLicense. BitLicense is New York's landmark regulation for cryptocurrency-focused businesses
Australia approves a Bitcoin ETF by VanEck, trading starts on Thursday
- Crypto News
- Some major news
$Velo US Representative Mike Collins disclosed he bought Velodrome token
- $INJ $GRT The Graph now supports Injective data indexing, enabling robust on-chain data access. INJ Devs can scale dApps using powerful indexing solutions like substreams and subgraphs from Graph.
- $OM Yield-bearing $USDY is now live MANTRA
- $SNX Synthetix V3 to launch on Arbitrum
- $CHZ Chiliz Chain's Dragon8 hard fork is live. It’ll introduce staking rewards and a transaction fee burn mechanism, and substantial developer-oriented advancements.
- $API3 has hinted OEV Network lending protocol launch; an oracle that pays you
- $Eigen will be the first asset to be listed on Coinbase Advanced, a pre-launch market
The opening of trading for EIGEN-PERP will begin on or after 12:00pm UTC on 18 June 2024
- Gn Everyone
- Gm Friends
- Nicee
- 1,000,000,000 #USDT (999,900,000 USD) minted at Tether Treasury
https://whale-alert.io/transaction/tron/19d78452fb3fea328e6af0504b00996e39a8fdc71d69b81aca0ff4e4b125a485
- 3 easy steps to multiply your portfolio:
1) Stop doomscrolling on X.
2) Stop crying about your portfolio.
3) Get in your in testnets and social channels of tokenless projects.
LISTEN: This has nothing to do with airdrops
- Crypto projects have given away about $4 billion worth of tokens in airdrops this year, with some big ones still to come.
Since the “airdrops era” began, we have received a total of up to $34 billion in value.
Projects are cracking down on "airdrop farmers" who use lots of wallets to try to get more tokens, making it harder for regular and real users to qualify
- A fun memory at the old studio in SF. Stacking these three paintings was the start of something special in the years to come. Had no idea where Alimo would go. Today, watching it grow in ways I didn't expect has been so fun.Have a rad Thursday!
- 🚀🚀🚀🌓
- Some major news of the week
ZKsync introduced its ZK token. 17.5% of its token supply is allocated to an airdrop
Symbiotic, a new major restaking protocol, went live. It attracted over $240M in TVL in less than 24 hours
Fuse, Solana's first smart wallet, went live. Fuse offers wallet recovery and 2FA
Fantom’s proposal for an upcoming airdrop campaign went live
Berachain’s Public Testnet bArtio B2 went live. Interacting with it might qualify you for an airdrop
Polygon launched a Community Grants Program with 1b $POL tokens allocated over the next 10 years. MATIC is set to transition to the POL ticker in the near future
Solana Labs unveiled Bond, a technology stack for businesses looking to launch customer loyalty programs on Solana
Lido introduced 'Restaking Vaults' in collaboration with Symbiotic. Symbiotic is a new restaking protocol backed by Paradigm
Optimism has launched permissionless fault proofs to become more decentralized
- Some major news
Space and Time (SxT) released Proof of SQL v1, the first ZK prover running sub-second for processing data. This open-source tool ensures accurate SQL queries against untampered data, enabling developers to perform trustless computations on both on-chain and off-chain datasets more quickly and efficiently
- $Mother Iggy Azalea opens bell with Jim Cranmer
- $Boden Joe Biden campaign team is in talks to accept crypto donations through Coinbase
- Telegram tap to earn crypto game raise $5.5M from Delphi, Merit Circle etc
- Paxos has cut about 20% of its workforce, amid $500M in balance sheet
- Layer3 announce $21M in total funding following recent $15M series A round led by paraficapital and Greenfield1One
- Some major news
$Matic Polygon announce zkPoS proposal to connect Polygon PoS to their AggLayer using Succinct lab’s SP1 a Rust-based proof of consensus and Polygon's Plonky3 proof system.
- $Arb Arbitrum $250M Arb 3 year Gaming Catalyst Program proposal has been approved
- $CRV Curve founder Michael Egorov borrowed $95.7M in stables, mostly crvUSD, using $141M worth of CRV as collateral across five protocols. His positions are being liquidated. He now has 111.87M CRV ($33.87M) in collateral and $20.6M in debt across four platforms.
- $GLMR Moonbeam announce $13M development fund focusing on gaming and RWA, it includes a new $10 million Innovation Fund, null.5 million in Moonbeam ecosystem grants and null.5 million in Moonriver grants.
- Some major news
- Some Major news from yesterday
- $zk zksync airdrop allocation checker is live. 3.6B zk tokens to be airdropped next week
- $OP Optimism now have frault proofs
- Defi lending and liquidity protocol UwU lend suffers a $19.3M hack
- zkVM ,1 trillion Hz of compute capacity— Nexus labs raise $25M in Series A led by Lightspeed Venture
- Multisig protocol Squads, has raised $10M in Series A led by Electric Capital
- Celestia data proof bridge Blobstream is now live on Ethereum mainnet
- 😭😭
- #CryptoInvestor
- Just some though from ct
- 𝐖𝐨𝐮𝐥𝐝 𝐈 𝐛𝐮𝐲 𝐭𝐡𝐢𝐬 𝐚𝐬𝐬𝐞𝐭 𝐚𝐭 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐩𝐫𝐢𝐜𝐞𝐬?
If the answer is a yes then:
> Why would you sell to try buy lower?
> Why would you take profit right now?
If the answer is a no then:
> Why are you still holding it?
> Why would you not take profit right now?
2️⃣: 𝐖𝐨𝐮𝐥𝐝 𝐈 𝐬𝐞𝐥𝐥 𝐭𝐡𝐢𝐬 𝐚𝐬𝐬𝐞𝐭 𝐚𝐭 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐩𝐫𝐢𝐜𝐞𝐬?
If the answer is a yes then:
> Why would you buy to target higher?
> Why would you not take profit right now?
If the answer is a no then:
> Why would you not keep holding it?
> Why would you take profit right now?
𝐌𝐲 𝐩𝐡𝐢𝐥𝐨𝐬𝐨𝐩𝐡𝐲 𝐢𝐬: keep sh*t simple stupid.
Whenever I overcomplicate things I lose money, whenever I go back to basics I win.
- Do you ask the same question?
- When should you buy or sell a crypto asset?
I find myself asking two questions.
These two questions save, and make me a tonne of money in the market, the first is:
𝐖𝐨𝐮𝐥𝐝 𝐈 𝐛𝐮𝐲 𝐭𝐡𝐢𝐬 𝐚𝐬𝐬𝐞𝐭 𝐚𝐭 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐩𝐫𝐢𝐜𝐞𝐬?
𝐖𝐨𝐮𝐥𝐝 𝐈 𝐬𝐞𝐥𝐥 𝐭𝐡𝐢𝐬 𝐚𝐬𝐬𝐞𝐭 𝐚𝐭 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐩𝐫𝐢𝐜𝐞𝐬?
- #Bitcoin
- 🇸🇻 El Salvador now owns 5,774.76 Bitcoin. worth over $400 MILLION.
El Salvador is winning! 🔥
- Some up coming news of the week
The next FOMC meeting is on June 12. Markets are pricing in a 5% chance of a rate cut
$FET $AGIX $OCEAN - Fetch AI, Ocean Protocol, and SingularityNET will complete their token merge on June 13