Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
DefiIgnas
--
Follow
Do we know how much revenue CEXs like Binance generate from spot trading markets vs perps?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
0
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
DefiIgnas
@DefiIgnas
Follow
Explore More From Creator
Why does saying "I work in crypto" feels so cringey and awkward? Feels like the "crypto" word itself is too loaded, meaning scams, get rich quick, and 'crypto bro' culture. I think we've had it great with the Web3 storytelling. It was the strongest narrative we've had: Web1: "Read-Only" -> Web2: "Read-Write" -> Web3: "Read-Write-Own" Yet 'Web3' isn't trendy anymore. I don't use it myself much. It's like after the Metaverse, GameFi, and NFT bubbles we stopped pushing the 'Web3' story, because.... it got cringey as well? But I think Web3 is the single best narrative that unifies what crypto has to offer. Even more now than in 2020-22 bull cycle due to AI. The value of censorship resistance, user ownership, and privacy is important to many. Yet, most people view crypto not as a solution, but as a step toward a dystopian future. We're terrible at selling crypto... I mean the Web3 vision to the masses. Maybe I should push the Web3 term once again.
--
ETH up 44% from the lows. Ethereans: THE FLIPPENING IS COMING!
--
$ETH ultrasound narrative is dead! Or is it? As EF scales the L1 and $ETH pumps, the ultrasound narrative is coming back. What a surprise :) I'm not the first to write about it, but the market is yet to internalize the message. The logic goes like this: Gas limit (now ~36M) could hit 150M, boosting L1 scalability. Critics would say "oh that's bad, because lower fees burn less $ETH. Buy my alt-L1!" That's the old thinking. True that more txs per block = lower fees, but more activity could mean more ETH burned. Higher gas limit → more txs outweigh lower fees → potentially more burn. As @hanni_abu calculates, "at 36M and the deflationary threshold it 14.5 gwei. At a 300M gas limit the deflationary threshold becomes 1.74 gwei (14.5gwei*36M/300M)." He also adds that as gas prices drop, users are more willing to pay higher fees during congestion: E.g., at $0.01, a 100% premium to $0.02 feels more acceptable than jumping from $5 to $10. Lower prices make people less sensitive to congestion fees. Sounds freaking amazing but here's a big question: Will users flock back to the L1? Active addresses haven't grown on Ethereum for years. Bad UX (approve+swap), slow and expensive txs are the main reasons but issues are being addressed (Pectra!) So for ultrasound narrative to come back we need to see users and activity coming back to the L1. It's a big pivot from pushing users out of the L1 to L2s. Tbh, I do want users to come back, but it does put pressure on non-specialized L2s. In any case, the following months and years are crucial for ETH: will users come back to the L1 and devs build new use cases on mainnet? And if yes, will increase activity burn more ETH despite lower fees? For the sake of my bags, I hope so! As always, let me know what I might be missing here.
--
I had forgotten how a good pump feels like. $ETH is up 18% but 7/10 best performing alts are memecoins. (except for the depegged and low volume uBTC which @coingecko should delist)
--
The past 5 months of HODLing was the most difficult in my 7-year crypto life :) Was expecting an easier cycle, but ETH proved to be a big test. We're not out of the woods yet, though. Hope we won't regret round tripping these gains again lol
--
Latest News
BNB Surpasses 680 USDT with a 3.41% Increase in 24 Hours
--
New Whale Wallet Withdraws 500 BTC From Binance—Over $52 Million Moved in 1 Hour
--
Markets Now Expect Fed to Cut Rates by 56 Basis Points by December
--
PlanB Predicts Bitcoin RSI Surge, Suggests 40% Monthly Gains Could Push BTC to $400K
--
Crypto Whale James Wynn Increases BTC Longs, Predicts Surge to $112K–$116K Within 48 Hours
--
View More
Trending Articles
🚀✨ CaptainBNB Army Assembles! ✨🚀 🔶 Our Pledge: .[Task and
Crypto _ Newss 1Taha
IS BITCOIN ABOUT TO CRASH? My Honest Take – May 12, 2025
iHashaam
Did Donald Trump Actually Ban XRP? Here’s the Real Story
Usama Ebn Ayub
**🚨 Big News Coming for Pi Network! 🚨** Earlier today, 5
Dedra Widner GTTA
$SHIB $SHIB 516,120,000,000,000 Shiba Inu (SHIB) Set to Be
Fidela Lundsten Dn6J
View More
Sitemap
Cookie Preferences
Platform T&Cs
