📈 Crypto inflows surge to $2.2bn amid US election optimism
▪️Digital asset inflows hit $2.2bn, the largest since July, driven by optimism over a potential Republican US election win.
▪️US inflows reached $2.3bn, while other regions saw minor outflows, likely due to profit-taking.
▪️Bitcoin led with $2.13bn in inflows, while Ethereum and several altcoins saw smaller gains; multi-asset products broke their 17 consecutive week inflow streak seeing $5.3m in outflows.
yMETIS (yieldMETIS) is the first LST on Metis Andromeda that is multichain. With Methera, you wouldn’t have to compromise your staking positions even as an already existing staker Artemis or ENKI, Methera offers restaking for artMETIS and eMETIS - giving stakers the opportunity to maximize their earnings.
Upon launch, stakers that will be using our platform will be able to bridge and leverage yMETIS on arbitrum with the best and juicy automated strategies and even more as we will be launching on other networks progressively. Stakers on Methera will earn the usual native APY on Metis with a 10% platform fee charge applied. Staking incentives, meth points, and partner perks (extra points and extra incentives) will also be added for an APY boost. Juicy and compelling.
Redeeming yMETIS for your underlying original staked METIS tokens on Methera can take up to 20 days due to the nature of the unstaking process. When you send a request to redeem your liquid METIS, the protocol often requires a cooldown or unbonding period. This allows the protocol to verify and validate the unstaking request while ensuring the network’s stability and security.
This waiting period helps manage liquidity and mitigate risks with immediate large scale withdrawals. However the protocol allows for faster withdrawals for most stakers under most conditions. This is made possible by the Methera protocol buffer, the use of which is prioritised for withdrawal requests (provided there is enough METIS in the buffer to fulfil them).
Stakers funds are secured through several mechanisms:
Delegation to multiple node operators, smart contract audits etc. (more details on security and redemption/withdrawals will be available on our docs today).
We are working to deliver a protocol that is completely trustless, a protocol that is efficient and reliable without doubt. We will be running a KYC verification with Metis as well.
Also our website will be available by Tuesday/Wednesday.
Hi guys, how’s it going?
Methera will be going live for your votes tomorrow. When approved, we will have the biggest liquid and restaking protocol delivered to you guys. Automated yield strategies, liquid yield strategies, restaking for artMETIS and eMETIS - maximizing your positions across DeFi on multiple chains and networks through one token - yMETIS
You can check out our communities and documentation here - https://linktr.ee/methera
More info will be added today on Methera for full transparency and a good insight into our architectural and technical build/model.
NFT activity on Telegram surged 400% in Q3
Helika’s Web3 Gaming Report shows that the number of unique wallets transferring NFTs in Telegram surged from fewer than 200,000 in July to more than one million in September.
#DailyCryptoNews
💼 Top crypto news for Thursday, October 17
📌 FBI arrests hacker behind SEC fake Bitcoin ETF approval.
📌 Nansen integrates Solana analytics, touts memecoin alpha.
📌 94% of Asian private wealth is investing or considering crypto.
📌 Ireland drafting urgent crypto laws before EU money-laundering rules.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
📈 Crypto activity and usage hit all-time highs
There have never been more monthly active crypto addresses. In September, 220M addresses interacted with a blockchain at least once, a figure that has more than tripled since the end of 2023.
There are 30-to-60M monthly active crypto users worldwide, a proportion that represents only 5–10% of the total number of the 617M global crypto owners estimated by Crypto. com in June 2024.
#DailyCryptoNews
💼 Top crypto news for Wednesday, October 16
📌 Italy considers raising capital gains tax on Bitcoin to 42% from 26%.
📌 Grayscale files to convert multi-crypto fund into ETF.
📌 Pennsylvania, Wisconsin drive surge in crypto interest among swing states.
📌 Tesla moves entire $765M Bitcoin stash to unknown wallets.
📌 Thailand's oldest bank announces stablecoin remittance services.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
Arthur Hayes has introduced a new article “Persistent Weak Layer”
1️⃣ He likens the geopolitical instability in the Middle East to a weak layer that could cause the world markets to crash if the conflict between Israel and Iran intensifies.
2️⃣ If the conflict escalates, it could result in damage to oil infrastructure and higher energy prices, which would drive up the cost of Bitcoin, often viewed as a “digital energy reserve.”
3️⃣ Hayes believes that the growth of the global money supply is driving the rise of cryptocurrency. He argues that BTC will keep growing at a steady pace, even if there’s a potential drop in hashrate due to Iranian miners shutting down.
4️⃣ If things escalate, Hayes is thinking about pulling back on memecoin investments and focusing more on long-term cryptocurrencies. He believes that investment decisions should be based on logic rather than ethics or politics. After all, a war could bring reprisals and even asset confiscations.
#DailyCryptoNews
💼 Top crypto news for Tuesday, October 15
📌 Bitcoin ETFs records over $800 million inflows in 2 days.
📌 Vitalik Buterin outlines possible areas of improvement for the protocol.
📌 Bitcoin strength driven by correlation to rising Trump election odds, with MicroStrategy a leading indicator.
📌 Tether is exploring commodities trading and TradFi opportunities.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
I do have a busy day ahead.
But just wanted to thank you for having me. Thanks for sharing the linktree.
Lastly, i'm not officially doxxed or anything but i'm unofficially doxxed. I show my face, will give you my full name, the town I live in, all that.
I don't have anything to hide. Unfortunately, this is important to say. I keep meeting scumbags who won't dox to me. So just be careful if people won't dox to you.
I'll doxx to you ❤️
Yes thanks for asking.
We are launching on The Hercules Dex. It is the primier dex on Metis and you can find it at Hercules.Exchange
We are on the token list already you can see the logo now.
In terms of fair launch....i mean since it's a "re-launch" technically i'm not sure if its fair or unfair. Approx. 45% supply will already be circulating on launch with old holders. So expect some volatility in both directions. I think there is more demand than there is people waiting to get out. But we will see.
Tokenomics: 100 mil supply, no tax. Standard ERC20.
The LP will have between 5-6 percent to start. The team holds about 5% and the rest is circulating or will be locked in a smart contract directly on Hercules.
In the next 2 weeks we'll be releasing updated documentation with a nice little pie chart to show the breakdown of tokens.
Lastly, there will be incentives provided by us (VESTA) and by Hercules (TORCH) for a extra incentivized LP (Nitro Pool/Farm).
Right right. Thank you mate. Yeah man quitting isn't an option for me. Fuck those cowards that go hide after this.
Читать полностью…What struck me about you is the integrity, most ppl i follow after hacks they vanish, you are here, also important to distinguish the victim from the villan , and you were the victim on this
Читать полностью…📊 Almost half of a recent Schwab’s survey respondents said they plan to invest in crypto ETFs, more than bonds, international equity and alternatives.
Читать полностью…I have a new comer in Metis ecosystem a staking and restaking protocol that is going up for voting, so if you have any metis in your wallet pls vote here is what it is and what it does: also if offers perks for the first few og joining link below
Читать полностью…#DailyCryptoNews
💼 Top crypto news for Friday, October 18
📌 DBS rolls out blockchain-based banking for institutions.
📌 SEC’s Ripple appeal doesn’t challenge XRP non-security status.
📌 UAE stablecoin issuer gets nod from central bank.
📌 Worldcoin rebrands as ‘World,’ unveils next generation Orb.
📌 Cyprus freezes crypto applications ahead of EU-wide MiCA transition.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
🧐 USDT and USDC now represent nearly 50% of the total transaction volume among major crypto assets, underscoring the crucial role stablecoins play in providing liquidity and stability to the market.
Читать полностью…Bitcoin exchange reserves drop to multi-year low amid rising institutional demand
According to the data, more than 51,000 bitcoin have been withdrawn from major cryptocurrency exchanges over the past month. This trend is reducing the liquid supply of bitcoin and suggests that investors are withdrawing their coins as part of a long-term holding strategy.
Looks cool
Is this from brand NIKE or some community of NIKE
Are you aware of any of their socials
If possible please share
The latest Q4 'Guide to Crypto Markets' report reveals significant trends shaping the crypto landscape:
▫️Institutional Interest in Bitcoin ETFs
The report highlights a notable surge in institutional interest in BTC, particularly through spot ETFs. During Q3, US-based BTC ETFs experienced over $5b in net inflows. This trend underscores a robust demand for BTC exposure among institutional investors, facilitating broader market participation by simplifying access to BTC investments.
▫️Ethereum Staking Reaches New Heights
ETH staking has reached unprecedented levels, reflecting investors' growing confidence in Ethereum's long-term value: The increase in staking activities points to a trend where more ETH holders seek to generate yield from their investments, highlighting staking's role as a viable source of passive income.
▫️The Expanding Role of Stablecoins
Stablecoins continue to be a crucial component of the crypto market, with their market capitalization hitting a record $170b. Their widespread application in cross-border transactions and beyond underscores their utility and growing importance in the digital asset ecosystem.
▫️A Maturing Crypto Market
The report paints a picture of a maturing crypto market characterized by increased liquidity and sophistication. Institutional products like Bitcoin ETFs and heightened on-chain activity have contributed to this maturity, signaling that the market is evolving despite the absence of significant price movements.
Over 90% of Salvadorans don’t transact with Bitcoin
Just 7.5% of respondents to an Oct. 10 survey from the San Salvador University Francisco Gavidia said they used Bitcoin
to make transactions, while 0.5% chose not to respond to the question.
Still, the survey found only 1.3% said Bitcoin should be the “main bet” for the country’s future, with respondents overwhelmingly saying education and industry should be the primary focus.
Nice, thanks I think I have asked all that i needed to ask, unless you want to add anything, as I believe you have a busy day ahead
Читать полностью…Where are you launching? When and can you share some tokenomics and is it at fair launch?
Читать полностью…me too — the learning center and newspaper NFT are kinda boring but they are on brand with Vesta.
Speaking of, we do project reviews and guides for Metis DeFi projects. To encourage participation and align ourselves further with the Metis Foundation.