In This Issue
- Rebecca shares her thoughts on Ledger’s mid-life crisis, Lido launching V2 for staked ETH withdrawals, Tether DCAing into Bitcoin, the UK both crushing and promoting crypto & Australia makes its first FX CBDC transaction.
- My portfolio updates.
- Altcoin Alpha by David.
- Airdrop of the week by Jesse.
- Jesse has a deep dive on dYdX.
- Web3 Academy breaks down Coinbase’s Q1’23 earnings report.
- Sam has a report explaining what DeGods is.
- In case you missed it by Rebecca.
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Lark’s Portfolio
Buys and Sells
I added some more Bitcoin at $27,300. Sadly my buy order at $25,100 did not trigger during the volatility last weekend. Close, but no cigar. For now, I will keep this order open.
Radiant Capital is going to be airdropping ARB tokens to new stakers. Makes it a tempting thought to ape some more into Radiant. The only thing giving me pause is that 1-year lock-up period. Need to think it over.
Joe Updates
ETH USDC still making nice money. Again, this is only because ETH has been so range bound. Overall though, it has been a nice little experiment. However, I would like to note that trading volumes have fallen a lot, and the current APR is down quite a bit as a result. Still good, just not even close to as good as when I entered. Typical.
sJOE staking is also now live on Abritrum, will watch and consider moving in the future. Currently, it is not clear what the APR will be for moving my sJOE across networks, so I am hesitant to make the effort unless it is attractive enough. Watching for now.
Things On My Radar Now
CRV has just launched crvUSD, this is a massive move for Curve Finance, and a generally big deal for the entire DeFi space. Curve Finance has quickly become one of the most important protocols in crypto. This will only cement that. I already have a CRV position, and actually added more recently, but could consider increasing this position again.
APEX is Bybit’s decentralized perpetual swaps exchange. Their token currently is sitting with a tiny market cap compared to the bigger DEX players. And they are directly backed by Bybit. No position yet as I am hesitant to add more coins, but as KYC and restrictions increase I could see more money flowing into these sorts of coins.
Metaverse Coins: With Apple days away from releasing a major step forward in metaverse tech with their headset we could see a new push on metaverse coins. We all know that crypto loves a good narrative.
Some to watch would be
- RNDR which is going to be needed to process the metaverse.
- Axie Infinity just got approved for the Apple app store. Not exactly metaverse, but could kick off some gaming interest.
- Wilder World, is one of my bags, and a rather cheap metaverse play.
- The Sandbox, is probably the best-looking operational metaverse in crypto.
- Otherside (Apecoin), don’t fade the apes in a metaverse gaming pump.
Besides my existing bags, I have not yet taken a position here.
Open BUY and SELL Orders
(NOTE: You should never blindly follow my moves. I share these for educational purposes, not as signals for you to trade on)
BUY
- Arbitrum…