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ayyyeandy
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ayyyeandy
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Ethereum's triple point asset thesis turned into a triple point war: ETH vs BTC (SoV money) ETH vs SOL (L1 Execution) ETH vs TIA (DA)
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Crypto's top three consumer chains: Solana Base Abstract
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Once you own digital property (digital assets, art, music, skins) you understand the need for blockchains. Digital property deserves rights in the same sense physical property has them.
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Spoke to a large fund of funds manager yesterday about market makers, here's what I gathered: 1. The opaque-ness of these market maker deals is causing new friction when underwriting what would be otherwise great deals. They lack insight into these specific internal agreements when writing checks and now are thinking about new procedures for types of MM agreements they will "ok" in the future. 2. OTC screenshots, slack message grabs, and document reveals from anon accounts are causing them and their LPs to be more careful in their dealings. Tightening up the shop is how you could think about it. 3. Broadly speaking they view MMs as a necessary force in the price discovery of assets on CEXs, but the agenda has shifted away from sketchy deals. "The gig is up" type vibes. Less % allocated to MMs, far clearer terms, new practices. We've seen several top tokens nuke -80% in a matter days as of late, which is concerning for investors who aren't in the loop as to what's happening behind the scenes.
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To all the NYC frens: I’ll be moderating the panel "Bringing Real-World Assets On-Chain" with @alpackaP, @liamdig, and @naman_kapasi in the SOON Track Room @soon_svm @SolanaConf on May 19 in NYC, exploring the next chapter of the SVM.
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Latest News
Ethereum(ETH) Surpasses 2,600 USDT with a 1.91% Increase in 24 Hours
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Bitcoin(BTC) Surpasses 104,000 USDT with a 1.02% Increase in 24 Hours
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BNB Surpasses 660 USDT with a 1.65% Increase in 24 Hours
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Core Inflation Indicator Expected to Reach Lowest Level Since 2021
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Bitcoin Surpasses 103,000 USDT with Modest Daily Increase
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