Discover and read the best of Twitter Threads about #USDC

Most recents (24)

1/17
AIRDROP HUNT 🪂

𝗣𝗼𝗹𝘆𝗴𝗼𝗻 𝘇𝗸𝗘𝗩𝗠

The layer is not yet in use, so it's time to take a stand

Here is Twitter's most comprehensive thread, which will have you interacting with zkEVM & 4 potential #airdrops

⏳ Estim. time : 45min
💸 Cost : based on volume

#airdrop Image
2/
One month ago Sandeep Nailwal, co founder of Polygon responded to a comment from a user about TVL on zkEVM

See message below 👇



His words was clear :
IT WILL RAIN A MASSIVE AIRDROP 😁🪂 Image
3/
Three days ago, Polygon published a complete thread on its vision to build the Value Layer of the Internet.

It's all about Polygon 2.0, and the illustration below has sparked debate 👇 Image
Read 17 tweets
0/n #GryphsisAcademyWeeklyCryptoDigest When Regulatory Actions Shake Markets (2023.06.05–2023.06.11)
medium.com/@gryphsisacade…
1/n Contents - 1
1) Macro Overview:US Stock V.S. Crypto
2) Big Story: @SECGov sues @binance and @coinbase ; June 9 Market Crash
3) Protocol Spotlight: @fraxfinance
4) Narrative Pick(Trading Tool): Unibot, the Telegram Uniswap Sniper Bot
5) VC Funding Highlight
2/n Contents - 2
6) Alpha Threads: @ChadCaff’s analysis of $GMD;
@defi_mochi’s tutorial on whale hunting;
@louround’s research on Spin;
@rekwang’s insights on Radiant;
@VitalikButerin’s take on Ethereum’s technical transitions
7) Upcoming Events: Crypto; Macro
Read 27 tweets
The main points of the Glassnode newsletter of 5 June: Image
1/9 🧵@glassnode Insights: Stagnant digital asset prices and underlying indicators suggest a shift towards risk-off capital rotation, with an increasing preference for stablecoin capital. #CryptoMarket #RiskOff #Glassnode
2/9 Despite flat $ETH price since mid-March, beneath the surface, growing divergences hint at a risk-off environment, with depressed trade volumes and automated DeFi usage. #Ethereum #DeFi
Read 10 tweets
Stablecoins are a crypto barometer.

They're crucial to the crypto ecosystem, but they're also highly centralized. #USDT, in particular, holds a monopoly and carries significant risk.

Here are some numbers and my thoughts on stablecoins. 🧵

1/10 Image
The market capitalization of stablecoins has been experiencing a decline for over six months. As per the most recent data, it stands at $129 billion, a significant fall from the previous year's value of $186 billion.

2/10 Image
The market capitalization and the volume of trading assets are falling, which is concerning.

This is especially important because stablecoins are one of the primary assets traded on the crypto market.

3/10 Image
Read 10 tweets
Dominance of #Bitcoin supply has seen a dramatic shift over the last two years.

US entities are now holding 11% less $BTC than they were in June 2022, whilst investors active during Asian trading hours have picked up 9.9%.

This is a distinct reversal from the 2020-21 bull cycle Image
We can see major shifts underway in stablecoins, with #USDT supply at new ATHs, whilst #USDC and #BUSD fall to multi-year lows.

Given stablecoins are non-interest-bearing, and regulatory pressure in US is building, it suggests US capital is now less active in digital assets. Image
If we look at exchange on-chain flows, we also see considerably weaker demand since April.

Stablecoin inflows massively offset $BTC + $ETH inflows in Q1 🟩.

However we now see larger $BTC + $ETH inflows (assumed sell-side) relative to stablecoins🟥 as the market corrects lower Image
Read 4 tweets
💰📈 Dados de Criptomoedas!

1⃣ Bitcoin (BTC)

Preço: R$133.000,75 💵
Variação (1h): 0.05% 📈
Variação (24h): 1.78% 📈
Variação (7d): 3.22% 📈

Cap. de Mercado: R$2.589.914.704.155 💲

Volume (24h): R$39.607.360.006 💰

Fornecimento Cir.: 296.492

Últimos 7 Dias: 19.385.481
2⃣ Ethereum (ETH)

Preço: R$9.125,42 💵
Variação (1h): 0.12% 📈
Variação (24h): 1.36% 📈
Variação (7d): 1.71% 📈

Cap. de Mercado: R$1.097.394.131.395 💲

Volume (24h): R$16.394.909.364 💰

Fornecimento Circulante: 1.796.898 ETH Ξ

Últimos 7 Dias: 120.256.773 ETH Ξ
3⃣ Tether (USDT)

Preço: R$5,00 💵
Variação (1h): 0.00% 📈
Variação (24h): 1.85% 📈
Variação (7d): 2.12% 📈

Cap. de Mercado: R$415.264.285.624 💲

Volume (24h): R$62.223.005.919 💰

Fornecimento Circulante: 12.453.816.526 USDT

Últimos 7 Dias: 83.122.088.781 USDT
Read 9 tweets
1/ A smart whale who made ~$2.5M during #USDC depegging is long $ETH on #Aave.

Today, this whale:

- Exchanged a total of 7,169 $ETH for 7,169 $stETH.

- Deposited 7,169 $stETH into #Aave.

- Borrowed 8.45M $USDT.

- Deposited 8.45M $USDT to #Binance (possibly buying $ETH). Image
2/ The whale deposited 28,755 $stETH($52M) to #Aave and borrowed 36M $USDT in total.

The health rate is 1.2.

It will be liquidated when the price of $ETH decreases by 20% (~$1,511). Image
3/ During the #USDC depegging, the smart whale exchanged a total of 66.6M $USDT for 69.2M $USDC.

Then exchanged $USDC for $USDT when $USDC returned to the peg in April.

Made a profit of ~$2.5M! ImageImage
Read 4 tweets
#Bitcoin Back Above $29k After #MtGox False Alert

📰Let’s dive into your weekly digest of specially curated reads by #Matrixport 📰

What’s #trending in #cryptocurrency? ⬇️⬇️⬇️ Image
1️⃣ #Bitcoin Slumped and Rebounded in Hours amid False Alarm on #US Government Dump
2️⃣ #Circle Launches Cross-Chain #USDC Transfer Protocol for #Ethereum, #Avalanche
3️⃣ Binance.US Calls off $1.3bn Deal for #Voyager’s #Assets, Citing a “Hostile Environment”
4️⃣ #Arbitrum #Blockchain #Airdrops $120m-worth #ARB #Tokens to Projects in its Ecosystem
5️⃣ #Visa Shares Plans for ‘Ambitious’ #Crypto Product Regarding #Stablecoin #Payments

READ OUR #NEWSLETTER IN FULL:
bit.ly/42h7rGO
Read 4 tweets
From #bearish to #bullish: #crypto trends signal a potential buying opportunity at $27,500 for #Bitcoin and #Ethereum outperformance 🧵🧵

Sub to our TG for the latest: t.me/matrixportupda… Image
#Crypto #sentiment has cooled off, with our #Bitcoin Greed & Fear Index dropping to 44 (for #Ethereum, 46). Buying half a position at $27,500 could be a good re-entry level, with the possibility of the price dropping to $25,000 for the second half.
The decline in #stablecoin #marketcap suggests money is leaving the ecosystem, with #USDC and #BUSD dropping below $30bn and $6.5bn, respectively. Negative #funding rates for #Binance #BNB could indicate potential negative news.
Read 12 tweets
Guard!

We have been distributing insane yields for our depositors, ever since we launched in January.

But you are not only concerned with having high profits. There is one factor even more important.

Is it safe?

🧵1/15
Let's look at these 5 safety mechanisms in DeltaPrime, and their function in the protocol.

Safety mechanisms discussed:

- Escrow contract
- Solvency checks
- Oracle
- Withdrawal guard
- Audits
Escrow Contract

What is it?

On DeltaPrime we use an Escrow smart contract, the DSC (Dedicated Smart Contract), to send collateral and borrowed funds to.

This is your personal smart contract that, similarly to your wallet, holds your assets. It is controlled by you.
Read 15 tweets
Everyone wants to make money while they sleep.

But most get passive income wrong. My take:

➡️Real vs fake passive income
➡️PI1: Options trading
➡️PI2: Trading bots
➡️PI3: Crypto mining groups

Let's dive in!

#passiveincome
#Crypto
#BTC
#OptionsTrading
REAL vs FAKE

Technically, there is no such thing as passive income. You have to put in some effort somewhere to get it started.

So there is a gray area here granted, and up to each to make their own definition of passive income.
That being said, let's agree (or not!) that the following definition is wrong:

(Source: ) Image
Read 16 tweets
1/ AIRDROP HUNT 🪂

𝗭𝗞𝗦𝗬𝗡𝗖 - Hunt with FastLife EP1

@zksync is a Layer 2 that has just announced the public release of its ERA mainnet 🔥
It's the most coveted #airdrop of the year, so we're going to hunt it down in a series of episodes

#airdrops #zkSync #zkSyncEra
2/🤔 Why episodes?

Because ERA has just been released We will start now with available dAPPs, then try new ones regularly until #airdrop is announced

Join telegram (link in bio) to be notified 🔔

In addition, some dAPP we'll be using are also likely to do their own #airdrops
3/ Before I begin I will answer two questions that come up all the time :

💠 What is mainnet ?

Mainnet describe a working, fully-operational blockchain or protocol.
This phase comes right after the Testnet. All transactions are made with "real" money.
Read 15 tweets
就事论事来说,孙割说的没错,我在所有已知的Huobi地址中查看了最近24小时Huobi的资产存量,虽然没有细算,但大体上和孙割说的差不多,甚至可以说孙割谦虚了,因为主力资产的总价值反而还提升了。但是,还是找到了比较有趣的数据给大家对比一下,可能会让大家有更加直观的判断。
首先是 #BTC 的存量,截止到北京时间的22点50分,Huobi已知地址的BTC存量为42,666枚。而同一时间OKX的已知地址中,BTC的存量是将近129,000枚。被SEC处罚的Kraken已知地址中有79,000余枚。期货为主的Deribit已知地址还有超过43,000枚BTC。
其次是 #ETH 的存量,截止到北京时间的晚上23点,Huobi已知地址中存有ETH为83,000余枚,同一时间的OKX的已知地址中,ETH的存量是将近120万枚。被SEC处罚的Kraken已知地址中有186万余枚。期货为主的Deribit已知地址还有超过37万枚ETH。
Read 6 tweets
What I know about the coinbase situation so far, with added context
So the last big crypto news story was FTX, Sam Bankman Fried's alleged fraud scam scheme that got a lot of high profile celeb endorsements inc Larry David lmao who are now getting caught in the crossfire for endorsing a scam
FTX has been repeatedly called the "crypto contagion" because it's wrapped up in so many crypto structures and so has drawn the legality of so much into question. That's important for later
Read 45 tweets
Yesterday we posted an announcement in our Discord with a couple of important updates.

In this smol thread we share the same announcement, so everyone is up to date🫡

- Current borrowing rates
- This week's $GLP rate
- Platypus reimbursement
- What's coming

🧵1/11
gm! Couple of updates

1⃣ We just got a couple million extra in the pools from our DeltaPrime frens🙌This significantly lowers borrowing rates to:

#AVAX 12.32% -> (now 12.57%)
#USDC 13.68% -> (13.49%)
#USDT 8.45% -> (9.27%)
#BTC 7.43% -> (7.56%)
#ETH 7.89% -> (9.29%)

2/11 Image
2⃣Simultaneously $GLP yields will still be high in at least the next 8 days, with an expected base APR of 34.07% (-> 33.68%), leading to a @yieldyak_ $GLP farm base APY of 40%-45% (-> 49.1%).

How high can you get that?

3/11 Image
Read 11 tweets
1/ AIRDROP HUNT 🪂

𝗟𝗔𝗬𝗘𝗥 𝗭𝗘𝗥𝗢 ( Ultimate tuto 🔥)

@LayerZero_Labs is a multichain interoperable protocol for passing lightweight messages across different chains

One of the most anticipated launches, token is announced

The ultimate thread 🧵

#airdrops #airdrop
2/ This is a repost of a thread I already published.

Why repost :

🔸A lot of followers just joined us and didn't see this thread
🔸This is THE project I'm most bullish on this year
🔸You don't want to miss this opportunity, if they do an airdrop, you have to grab it
3/ I highly recommend you to do mainnet tasks 🪂

As a reminder, I just opened a telegram channel, join us to not miss any #airdrop thread 😊

t.me/FastLife0x
Read 13 tweets
2023 brings its fair share of challenges, but we at #TRON are more committed than ever to achieving our goals! Our focus remains on the growth of the #stablecoin, #USDT #TUSD #USDD #USDC #USDJ on #TRON. We aim to grow our stablecoin market cap from $40 billion to $60 billion.
As we navigate these testing times, we'll continue to innovate and improve upon our infrastructure, ensuring that our users have a secure, reliable, and efficient platform to conduct their transactions. 🛡️ Your trust in us fuels our drive to deliver the best services possible.
Despite the challenges ahead, we are excited to play our part in nurturing the global stablecoin market, contributing to the development of #DeFi, and shaping the future of finance.🚀With your support, we'll keep striving to make #TRON the go-to platform for stablecoin growth! 🏆
Read 3 tweets
1/ AIRDROP HUNT 🪂

𝗠𝗔𝗡𝗧𝗟𝗘𝗦𝗪𝗔𝗣

@MantleSwap is an AMM decentralized exchange that aims to bring unprecedented speed, security, and efficiency to the world of DeFi

They just launched their Incentivised testnet on @0xMantle Testnet

#airdrop #airdrops
2/ MantleSwap offer Lightning-fast transaction processing times, Lower fees, User-friendly interface, Wide selection of tokens

Mantle swap products :
🔸AMM Exchange
🔸Farming
🔸Launchpad
🔸Lending
🔸GameFi

📃 Find my @NotionHQ version article at then end of this thread 😉
3/👇AIRDROP STRATEGY👇

1️⃣ To start, you need to set your #metamask wallet on Mantle Network testnet and have some $BIT test tokens. If you don’t know how to do this, check tweet 5 to 10 from my Mantle Network Aidrop hunt thread below :

Read 10 tweets
Today #stablecoins are the most important elements in the world of #DEFI and #Cryptocurency (before #Bitcoin of course).

Let's see how @LiquityProtocol offers a decentralized stablecoin, independent of bank reserves.

THREAD 🧵🧵🧵 Image
I'm not saying that $LUSD is the best stablecoin, you have to understand that each #stablecoin has its advantages and disadvantages.

These advantages and disadvantages must therefore be dealt with according to the needs and the context.
Given the current economic context, with banks dropping like flies, I think we should seriously consider decentralized #stablecoins that are not collateralized by money in the bank.

NO TRUST IN BANKS.
Read 23 tweets
🧵on $BAX

During the #bankingcrisis people are losing faith in #traditionalbanking system. Users cannot access their funds, stock prices are plummeting, and impending #CBDC. THE WORLD NEEDS ANOTHER VIABLE SOLUTION!
$XRP $BTC $ETH #remittance #CryptoTwitter #cryptocurrency
/18
Bank Accounts Based on Blockchain (#BABB) was created by @Rushdaverroes in 2018. The goal was to leverages #blockchain, biometrics and machine learning to offer revolutionary decentralized banking services for people across the globe building a new global banking network!
/2
@getbabb intrinsic design has proven to be next generation as they offer a bank account on the #BABB platform, compliant with UK regulations, available to any eligible person or business in the world, instantly, without the need for a UK address or credit history.
/3
Read 20 tweets
1/ A new era of stablecoins has arrived!

The #SovrynDollar (DLLR) is a game changer. A decentralized, #Bitcoin-backed dollar you can truly own. 🚀

Live… NOW!

Say goodbye to centralized #StableCoin drama & hello to unmatched security & reliability.

Curious? Read on!

#DeFi
2/💪🌐 Tired of the risks of centralized stablecoin like #Tether or #USDC?

The #SovrynDollar offers a decentralized alternative that empowers users, giving you control of your assets.

Welcome to the future of finance. #DecentralizedFinance
3/🔒🔑 What sets $DLLR apart? It's ultra-reliable, secure & aggregated from other bitcoin-backed stablecoins with over-collateralized BTC reserves.

No middlemen, just seamless transactions & redeemability for any holder. #SovrynDLLR
#StablecoinRevolution
Read 9 tweets
El problema de #USDC es que esta respaldado por entidades centralizadas que dependen en parte de bancos americanos.

🔀 Pero no es el único que ha sufrido problemas de de-peg algunos mas famosos son:

🌐 $USDN
🌐 $UST

¿Cómo evitamos este mal necesario?
Tenemos varias opciones.

En verdad podemos jugar a un juego que es sencillo como ha comentado @mempool855 que sería abrir un short x1 a BTC

Y comprar BTC en Spot.

El problema es que para ese short las comisiones en el largo plazo, acaben machacando el deuta neutral siendo 👎
Podríamos hacer lo mismo con $ETH

Suponiendo un escenario idilico en el que las funding rates (Tasas de mercado) No coman nuestra posición.

Ese short tenemos que abrirle en un cex que no caiga o en un dex que no sea hackeado.

Y que el $ETH que uses no sufra un hackeo xdd
Read 11 tweets
🧵Analysis & Thoughts: User's $2M Loss in USDC De-Pegging Crisis Raises Questions About KyberNetwork's Responsibility.
1/6 In the wake of the recent #USDC de-pegging crisis, a user named CHIA reportedly lost $2 million while converting 3Crv to USDT through @KyberSwap. While @KyberNetwork issued a lengthy statement on Twitter absolving themselves of any blame, an analysis of the situation suggests… twitter.com/i/web/status/1…
2/6 The root of the issue seems to lie in Kyber Network's inability to enforce the user's 0.5% slippage limit and revert the trade accordingly. CHIA has stated in the Kyber Network Telegram group that they had set the slippage to 0.5%, and the input data of the transaction… twitter.com/i/web/status/1…
Read 7 tweets
🔎 ANÁLISE QUEBRADEIRA DOS BANCOS🔎

#svb #silvergate #signature #usdc

Eu enxergo DUAS GRANDES TESES do porque estamos testemunhando esses colapsos.

Aqui está o que cada uma delas SIGNIFICA PARA O FUTURO EM CRIPTO, e como você pode SE POSICIONAR.

Interessado? Segue a 🧵...
1) O assunto me chamou a atenção desde que fiz a primeira thread sobre o Silvergate no dia 03/mar, explicando as dificuldades que o banco enfrentava, e os possíveis impactos em cripto.

2) Desde então outros bancos passaram por stress e foram intervidos pelo FDIC (tipo o FGC dos EUA), como o Silicon Valley Bank (SVB) .

O medo da intervenção contagiou a Circle/USDC, levando até a um DEPEG momentâneo no preço de tela de USDC.

Read 24 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!