Gmgm ToE readers. I'm catching you up with all the highlights that you need you need to be aware of. I just dropped a ToE Telegram channel for all interesting projects, IDO that I come across. Do follow it if you like.
Macro: The U.S. debt ceiling has been raised, bringing relief to the markets and boosting equities, while the timing of future interest rate hikes by the Federal Reserve remains uncertain pending key economic data.
Trends: Hong Kong shows a potential shift in crypto regulations by accepting exchange applications, while BTC and ETH prices stabilize. Telegram trade bots has been the hot talk of the week. GMD launches gaining attention.
Defi: Linn’s watchlist of projects, Hayes crpyto prediction,
Tools: On chain analysis, LensGPT, narratives dashboard, DefiLlama GPT
Spicy drama: Hector finance mismanagement, Moonpay pocketed funds, Atomic wallet compromised
If you have not read the previous week’s highlight, here it is:
Hope you enjoy the content, and feel free to connect with me on Twitter here.
Segmenting the megathread of content into 5 parts:
Macro news
Trending narratives
Defi happenings
Educational resources and tools
Spicy crypto drama
1. Macro News
The U.S. debt ceiling has been raised, relieving market concerns and pushing equities higher.
The bill, which was approved by the House and Senate, awaits President Biden's signature.
Interest rate hikes by the Federal Reserve are still expected, but the timing is uncertain.
The upcoming jobs report and CPI data will be key factors in determining the pace of future rate hikes.
@arndxt_xo on Macro Pulse Update 01.06.2023. An uncertain economy for the global powers.
About REITS
@SantiagoAuFund summary of the week’s macro
@KobeissiLetter on increasing sentiments for a rate hike
@Maverick_Equity on S&P500 Earnings Scorecard Q1 2023
@TheTranscript_ Costco foreseeing recession from consumer spending habits
@NorthmanTrader on SPX vs liquidity
@TheStalwart on equity flow
2. Trending Narratives
Hong Kong has signalled a potential shift in its regulatory stance on cryptocurrency by accepting applications for exchanges and trading platforms. This comes after the territory's government previously banned retail crypto trading.
The price of Bitcoin (BTC) and Ethereum (ETH) remained within their recent ranges despite initial positive market reaction to news that the US government had reached a deal to raise the debt ceiling.
The price of the Optimism (OP) token fell significantly following a planned token unlock. Multichain (MULTI) also faced ongoing issues, including communication problems with its CEO.
@arndxt_xo 5 young projects that just launched, fundraised, tokenless
@JavierAng_ on China internet trends
@insomniac_ac cross chain monday
@Prithvir12 on increasing DAU on AVAX
@Flowslikeosmo sharing narratives
@apes_prologue weekend update
@0xPrismatic bullish on NFTfi
@Prithvir12 on UNIBOT
@Moomsxxx lists all narratives
@0ctoshi on protocols with no token
@DegenSensei on LSD prediction
@CryptoEmy_ on RNDR looking strong
3. Defi Happenings
Linns Project Research List:
Radiate: https://twitter.com/RadiateProtocol
Hourglass: https://twitter.com/hourglasshq
Good Entry: https://twitter.com/goodentrylabs
Dolomite: https://twitter.com/Dolomite_io
Puffer: https://twitter.com/puffer_finance - run node with 2 ETH
Neutron: https://twitter.com/Neutron_org
Curvance: https://twitter.com/Curvance
Gravita: https://twitter.com/gravitaprotocol
Fortress: https://twitter.com/Fortress_Fi
Ghast: https://twitter.com/GhastProtocol
Artichoke: https://twitter.com/artichoke_fi
Grass: https://twitter.com/getgrass_io
Tapio: https://twitter.com/TapioFinance
@ApeFramework first AI powered testnet
@hmalviya9 on CFX overvalued
@WolvesDAO on royalties
@0xWhizz on Ghast
@DigitsCapital on TENET
@DeFi_Made_Here STFX right and wrong
@thiccythot_ on OP and SUI unlocks
@talesoftao on TAO
@ETHGlobal finalist
@PrismaFi LST backed stablecoin
@avnu_fi spot trading on starknet
@LandfSmile State of zkSync MicroCaps 3
@degentradingLSD OP and 1INCH unlocks
@Gobzcoin memecoin-powered game
@crossedentropy on UNIBOT valuation model
@0xjaypeg on Arthur Hayes article
@xingGorilla GMD x LVL, possbly x GHA too
@evon1e looking at XIO FLASH
@FroyoFren LBR at the top
@archwayHQ ARCH presale on Coinlist
@3azima85 bullish on TIG
@samkazemian FRAX building LSD stuff
@AstrologyCrypto watching CGV
@ipor_intern introducing Raft
@buianhtien228 bullish on UND
@Cryptowrit3r on SHIDO
4. Educational resources and tools
On chain analysis
@ahboyash TG groups to join
@gelatonetwork on Lens GPT for automation
@0xShual sharing alerting tools
@aori_io options protocol
@blocksmithtech shares tokenless projects
@cryptokoryo crypto narratives dashboard
@izu_crypt top 3 tools for catching early crypto projects
@0xngmi DefiLlama integrated ChatGPT plugin
5. Spicy Crypto Drama
@DrZer_eth Hector finance drama
@News_Of_Alpha Binance disables trading of Privacy Coins for French residents
@0xSisyphus $140m slug of coins moved from addresses with OP vesting
@web3isgreat on Moonpay executives pocketed funds raised
@AtomicWallet wallets being compromised
