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VIPRecommended high-quality projects for major clients (Re-staking, January 24)Summary EigenLayer's TVL increased from $250 million to $1.7 billion in just one month. The re-staking sector is witnessing extraordinary growth. However, it is important to note that, in comparison to the overall volume of LSD, the re-staking sector still has considerable room for growth. For users primarily holding ETH, depositing ETH in LSD protocols like Lido and then re-staking the acquired stETH to earn another profit presents a more advantageous strategy over the long term. Additionally, apart from the anticipated EigenLayer airdrop, projects like AltLayer will also airdrop their tokens to EigenLayer re-stakers. This could result in profits significantly surpassing initial expectations.
VIPRecommended high-quality projects for major clients — January 17
VIPRecommended high-quality projects for major clients — January 10
VIPArbitrum ecosystem
VIPLSDFi sector
A large increase in demand coupled with lower supply should set the stage for higher prices in 2024, he predicted.
Also among those gazing into next year are Bitwise, VanEck and Hashdex.
The latest price moves in crypto markets in context for Dec. 19, 2023.
ARK offloaded $13M worth of GBTC shares last week.
- 14:57Mogo Liquidates $13.8 Million Worth of WonderFi Shares and Increases Bitcoin HoldingsAccording to Jinse Finance, Nasdaq-listed company Mogo has announced that it has liquidated its investment of approximately $13.8 million in WonderFi Technologies, representing nearly 50% of its total holdings in the company. It is reported that Mogo will allocate the proceeds from this monetization in line with its long-term capital strategy and will increase its investment in Bitcoin to around $2 million, further strengthening its strategic Bitcoin reserves.
- 14:17Market Update: pump.fun Tests Website Reward Feature, Trading Volume Incentive Program Coming SoonAccording to ChainCatcher, market sources report that the meme token trading platform pump.fun is currently testing its website's "rewards" feature and plans to launch a trading volume incentive program in the near future.
- 13:57Sky spent $1.39 million last week to repurchase 16.55 million SKYChainCatcher News, according to official sources, Sky (formerly MakerDAO) spent $1.39 million last week to buy back 16.55 million SKY tokens. To date, the total amount of SKY repurchased has reached 1.11 billion, accounting for approximately 3.28% of the total supply.