Confidence
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The Impact of the Ethereum Shanghai Upgrade: 112000 ETHs Unlocked and Extracted, Lido Protocol Accounts for 57.2%
On April 13th, according to the Etherscan page information, after the upgrade of Ethereum Shanghai, 112000 ETHs have been unlocked and extracted, with a value of approximately $218
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Ribbon DAO aims to boost confidence in option trading with insurance fund
On March 17th, the Ribbon DAO proposed to lend $1 million to its option trading platform, Aevo, to help the latter launch an insurance fund. The proposal proposes that the Ribbon DAO loan $1 million to Aevo in the form of a USDC, with interest charged at an annual interest rate of 10%, and be paid after 12 months. Insurance funds will enhance the confidence of large traders in trading on the option trading platform Aevo. Ribbon DAO proposes to lend $1 million to Aevo, an option trading platform, to help launch its insurance fund Analysis based on this information:The Ribbon DAO recently made a proposition to lend $1 million to its option trading platform, Aevo, to establish an insurance fund, with the primary goal of enhancing the confidence of large traders in using the platform. The proposal states that the loan will be in the form of USDC, and the interest will be charged at 10%, which will need…
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SNX Purchases Signal Confidence in Synthetix Project
According to reports, according to online data analyst ember monitoring, in the past two days, 10 million USDCs were spent to purchase the addresses of 3.4 million SNXs from the Giant Whale. Today, another 5 million USDCs were used through AirSwap’s OTC to purchase 2.02 million SNXs from the Synthetix treasury, with an average price of $2.46. A giant whale has spent 15 million USDCs to purchase SNX in the past three days, with an average price of $2.76 Analysis based on this information:The recent news that 10 million USDC were spent to purchase the addresses of 3.4 million SNXs from a Giant Whale in the past two days signals growing confidence in the Synthetix project. Online data analyst ember monitoring reported that another 5 million USDC have also been used in an OTC purchase of 2.02 million SNXs from the Synthetix treasury at an average price of $2.46. This flurry of purchases is significant because it is indicative of…
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Resilient Banking System and Confidence in Bank Regulators
According to reports, US Treasury Secretary Yellen said that the banking system remained resilient; The regulators have been convened to discuss the issue of S…
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ETH 2.0 Depoist Contract Reaches Record High, Signaling Increasing Confidence in Ethereum Future
According to the report, Glassnode data shows that the total value of ETH 2.0 deposit contracts has just reached a record high of 15869191 ETH.
The tot…