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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.
- 00:39Standard Chartered: The yield on US Treasury bonds is still below 4.50%, Bitcoin is expected to break new highs in FebruaryOdaily Planet Daily reports that Geoff Kendrick of Standard Chartered Bank and Matt Mena of 21Shares believe that the current market conditions are favorable for Bitcoin, given that the yield on 10-year U.S. Treasury bonds is still below 4.50%. Kendrick stated that if yields remain at these levels throughout the weekend, Bitcoin could break through $102,500 and potentially reach a new historical high above $108,000 in February. Kendrick said: "Although today's U.S. employment data details are very clear, so far, the yield on 10-year U.S. Treasury bonds has not been able to break above 4.50%, which is very constructive for digital assets. The yield isn't higher but economic conditions are still good; it's a golden period for digital asset development."
- 00:37Overview of Key Overnight Developments on February 821:00-7:00 Keywords: Maryland, OpenAI, Non-farm Employment, BlackRock Ethereum ETF 1. The state of Maryland, USA, plans to establish a strategic Bitcoin reserve; 2. Trump plans to announce a reciprocal tariff policy as early as Friday; 3. SoftBank is currently set to invest $40 billion in OpenAI; 4. U.S. non-farm employment increased by 143,000 in January, below expectations; 5. Interest rate futures traders expect the Federal Reserve to make the next rate cut in May; 6. The U.S. SEC has postponed the decision on BlackRock's Ethereum ETF options trading to April 9.
- 00:36Yesterday, ARKB had a net inflow of 59 million US dollars, and BITB had a net inflow of 10.5 million US dollarsGolden Finance reports, according to data monitored by Farside Investors, the fund data for US spot Bitcoin ETF and spot Ethereum ETF yesterday (February 7) is as follows: Spot Bitcoin ETF: ARKB net inflow of $59 million, BITB net inflow of $10.5 million; Spot Ethereum ETF: ETHW, CETH, ETHE, ETH had no funds flowing in or out.