Coinbase Deribit deal does show relative market cap differences in that Deribit which did 1.1T in options volume and made $400M in 24 is valued at 3B in the deal whereas MOVE is still a 2B FDV token
Crazy to see ETH just sucking the oxygen out of all the other coins even on a weekend. Clearly no ETF flows so wonder who is slamming the bid this hard
Yeah so I closed out my spot longs because the Chinese were seen leaving the venue but it turns out they were just taking a lunch break so back in with 100x leverage and we are so back
Ethereum did the first step of announcing they plan to scale the L1
Now the next step is to create an Ethereum community grants program to invest in promising L1 projects instead of leaving it up to rich Eth DeFi founders