Aave's RWA Journey: Can it Surge Over 3 Times in this Bull Market?
Aave has launched a new RWA product, Project Horizon (Build on AAVE). Simply put, Horizon's business allows off-chain institutions to collateralize RWA assets to mint $GHO or borrow USDC.
I personally think this is a good thing; first, this product is Aave's new expansion into the RWA sector, and second, this product has the potential to drive external institutions' interest and adoption of DeFi, and even the crypto industry.
However, there are some dissenting opinions in the community regarding profit distribution: 1. Horizon may issue tokens, with 15% allocated to Aave DAO, 10% to the treasury, 3% to incentivize the Aave ecosystem, and 2% airdropped to Staked Aave (stkAAVE) Holders.
As You Wish: What Should Investors Do as the Crypto Market Enters a Bear Market?
Recently, the debate over bull and bear markets has become increasingly intense and contradictory. Through various statements online, the majority of retail investors convey the message that the bull market has ended, and the crypto market has entered a long bear market.
There’s still a small portion of people who are unsure, believing a bull market will come, but that it isn’t here yet.
Now, those who can firmly believe we are in a bull market have become rare.
I’ve expressed my views many times already. Today, we won’t debate whose views are right or wrong; time will provide us with the answer.
Today we are discussing the viewpoint that most agree on in the current market: 'bear market.'
1. The success rate of trading speculation is very low, as low as one in a thousand or even ten thousand, comparable to the probability of dying in a car accident. The probability of success is as low as getting into Tsinghua or Peking University; the difference is that failing to get into Tsinghua or Peking University doesn’t result in significant loss, but failing in trading could lead to being heavily in debt and losing everything, as you always want to gamble to recover your losses and won't stop until you absolutely can't borrow any money. 2. If you want to withdraw from this circle, it's best not to pay attention to the market anymore, not to join any groups, and not to follow any people or information related to the cryptocurrency world. You must completely detach yourself from this circle.
On March 11, Bitcoin and Ethereum continued to decline. Bitcoin reached a new four-month low at $79,127; Ethereum fell below $1,800, hitting a new low since November 2023. Current market sentiment is negative, with technical indicators and actual price trends diverging.
In terms of operations, when Bitcoin rebounds to 80,500 - 80,800 and Ethereum rebounds to 1,880 - 1,900, short positions can be considered, targeting 78,500 and 1,780 respectively.
Be sure to set stop losses and control position sizes, as market fluctuations are significant. It is recommended to operate based on real-time guidance; investing in cryptocurrencies must be done with caution.
Golden Finance reports that Matrixport stated in its latest report that the White House cryptocurrency summit and the confirmation of the U.S. strategic Bitcoin reserves failed to ignite market sentiment, with no significant increase in the crypto market. The perpetual contract funding rates remain in single digits. This indicates that retail investor enthusiasm remains low, in stark contrast to April and December 2024, when the funding rates surged to double-digit highs. Even the market momentum brought by Trump's official inauguration is relatively muted, clearly indicating that Bitcoin will need more influential catalysts to usher in a new round of increases.
The highest rebate in the entire network, Binance, OK, Huobi 30% Zhima 40 Normal contract players pay at least several hundred U in handling fees per month So don't underestimate it. Click on the upper left corner of my avatar