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VIPRecommended high-quality projects for major clients (Re-staking, January 24)Summary EigenLayer's TVL increased from $250 million to $1.7 billion in just one month. The re-staking sector is witnessing extraordinary growth. However, it is important to note that, in comparison to the overall volume of LSD, the re-staking sector still has considerable room for growth. For users primarily holding ETH, depositing ETH in LSD protocols like Lido and then re-staking the acquired stETH to earn another profit presents a more advantageous strategy over the long term. Additionally, apart from the anticipated EigenLayer airdrop, projects like AltLayer will also airdrop their tokens to EigenLayer re-stakers. This could result in profits significantly surpassing initial expectations.
VIPRecommended high-quality projects for major clients — January 17
VIPRecommended high-quality projects for major clients — January 10
VIPArbitrum ecosystem
VIPLSDFi sector
A large increase in demand coupled with lower supply should set the stage for higher prices in 2024, he predicted.
Also among those gazing into next year are Bitwise, VanEck and Hashdex.
The latest price moves in crypto markets in context for Dec. 19, 2023.
- 22:33Bitcoin falls below 10,1000 dollarsBitget market shows that Bitcoin has fallen below 10,1000 dollars.
- 22:32Over the past 1 hour, more than 300 million US dollars have been liquidated across the entire networkAccording to Coinglass data, there has been a total liquidation of $308 million across the network in the past hour, including $284 million from long positions and $23.3773 million from short positions.
- 22:31US stock market close: The Nasdaq plunges 3.5%, the Dow records its longest losing streak in 50 yearsThe U.S. stock market closed on Wednesday, with the Dow Jones preliminarily closing down 2.59%, setting the longest single-day decline record since 1974; The S&P 500 index fell by 2.95%, and the Nasdaq fell by 3.56%. Tesla (TSLA.O) dropped by 8%, Broadcom (AVGO.O) dropped by 6.9%, and Nvidia (NVDA.O) dropped by 1%.
