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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.
- 16:54A major contract whale adds $10 million to their 20x ETH short position, bringing the total position size close to $45 millionBlockBeats News, July 7 — According to monitoring by HyperInsight, a contract whale has just added 4,028.14 ETH to their 20x leveraged ETH short position, increasing the position value by $10,202,666. Additional details are as follows: Position value: $44,815,561 Entry price: $2,559.57 Liquidation price: $5,535.7 P&L: Unrealized profit of $138,274
- 16:54US-listed company DDC increases holdings with purchase of 230 BTCBlockBeats News, July 7—According to official sources, DDC Enterprise Limited (NYSE: DDC) announced today that, as part of its ongoing corporate asset allocation strategy, it has purchased an additional 230 Bitcoins (BTC). This latest acquisition brings the company’s total Bitcoin holdings to 368.
- 16:53RWAfi Public Chain Project Plume Announces Strategic Partnership with TRONBlockBeats News, July 7 — Plume, a full-stack blockchain and ecosystem designed for Real World Asset Finance (RWAfi), has announced a strategic integration with TRON, launching SkyLink on the TRON network. According to the official statement, TRON boasts a vast global user base and leads the crypto space in stablecoin transaction volume and throughput. Its users can now directly access asset-backed yields from tokenized US Treasuries, private credit, and other real-world financial products issued by Plume. With the launch of SkyLink, stablecoins circulating on TRON can now be used directly for RWA yield strategies and institutional-grade investment assets, while also expanding Plume’s reach to one of the world’s largest and most active decentralized finance (DeFi) user communities.