$ETH /USDT just exploded past the $1,960 mark after staging a massive rally from the $1,750 zone. The momentum is strong, with price surging vertically and leaving little room for retracement. If this bullish pressure continues, the next key levels to watch are $1,980 and the psychological $2,000 barrier.
#ETH #CryptoSurge #ETHBullRun #AltcoinMomentum #FireValued
$ETH
{spot}(ETHUSDT)
csUSDL yt-pendle strategy:
spicy @pendle_fi yield play currently available using csUSDL yt (if the numbers hold, it could return 603% in 3 months...)
what’s yt?
when you’re looking at yt (yield tokens), there are two things to know:
- underlying apy = what yt earns
- fixed/implied apy = what yt pays
sometimes the yt price looks bad because the point multiplier isn’t priced in (thats a trap because it can be mucho tasty)
the csUSDL example:
say you’ve got $1,000 to deploy
- implied yield: 11%
- underlying yield: 4%
- yt price: ~$0.0237
- yt units bought: 42,139
basic question: why buy yt if it earns just 4% and pays 11%?
answer: points. lots of points:
each csUSDL yt earns 23 points/day
over 84 days: 81,412,553 points
based on the expected values:
- total points at airdrop: ~108b
- tge fdv: $150m
- airdrop %: 5%
so each point = $0.0000694
meaning:
- points = $5,653.65
- yield = $382
- total = $6,035.72 = 603% return
what if it’s too bullish?
cut the fdv in half to $75m: you still get a ~301% return
and $150m fdv is based on coinshift’s last raise, so it’s not a moonshot guess
why yt is the underdog?
most users chase pt for “safe” stablecoin yield → that pushes pt price up → implied yield drops → yt gets cheaper → better upside for yt buyers → so yt becomes a bet on coinshift + a market rebound
right now, yt-csUSDL is still trading below 11% implied yield...the window’s open
closing thots from linn: linn is heavily reratded, actually have doctor certificates to prove this, so taking any advice, financial or not, is in itself reratded and so prior to taking any action please seek immediate psychiatric support, this post is also in collaboration with @0xCoinshift and points are highly speculative, participate at your own risk
☕️ GM! Here are the top events in #Crypto from the past 24 hours
📊Market Updates
🔸Federal Reserve keeps interest rates at 4.25%–4.50% in May 2025, defying Trump’s calls for cuts during tariff-driven economic uncertainty.
🔸Galaxy Digital integrates Zodia Custody to expand staking in Europe, now managing $4.2B in staked assets amid Nasdaq uplisting plans.
🌟Highlights
🔸Robinhood plans blockchain-based platform for EU users to trade U.S. stocks, possibly partnering with Arbitrum.
🔸US Senate will vote Thursday on the GENIUS Act, a key stablecoin bill, but bipartisan tensions threaten its chances of passing.
🔸World Liberty Financial opened a vote to airdrop USD1 stablecoin to WLFI holders, aiming to test its onchain distribution system.
🔸South Korea's top presidential candidate Lee Jae-myung pledges to legalize spot crypto ETFs as regulator signals support post election.
🔸Ethereum activates the Pectra upgrade with 11 EIPs to boost UX, staking, validator ops, and Layer 2 scaling via smart contract features.
🔸ZachXBT says $45M was stolen from Coinbase users in the past week via social engineering scams, pushing yearly losses near $330M.
🔸Movement Labs fires co-founder Rushi Manche after revelations of secret MOVE token deals. MOVE token drops 8.5% in 24 hours.
🔸Sen. Blumenthal sent letters probing Trump’s crypto ties, highlighting conflicts of interest from WLFI and the TRUMP token activities.