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π What are the Top 3 Investment Assets being watched by the Average Americans so far?
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π What are the Top 3 Investment Assets being watched by the Average Americans so far?
The answer will surprise you
Welcome back from the Weekends!
Tesla, Bitcoin, Boeing. These are the top 3 most watched over assets in America according to TradingView. (Editor: So we're really going to the moon with SpaceX's rockets aren't we?) By the way, Did you know that the former CEO of Prudential just nonchalantly called Bitcoin "a safe haven" and predicted that "people will turn to Bitcoin after Labor Day"? yes, he did. But do you know what is the weirdest thing to have happened over the weekend?
Arthur Heyes (of BitMEX) becoming a yield farmerπ¨πΏπΎ.
Hope you find today's newsletter useful to you! | | |
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| DeFi Protocols Hit $6 billion In Total Value LockedThe total value locked (TVL) in DeFi protocols has hit a new high of $6 billion. DeFi protocols Maker (MKR), Curve (CRV), and Aave (LEND) hold the bulk of the value with a total of $4.2 billion locked in. To put into context how big of a figure $6 billion is, this is the valuation of some top unicorn companies, such as design website Canva and development platform Unity. (Editor: It took 2 years to reach $1B, 1 month to reach $2B, 3 weeks to $3B, 1 week to $4B, another 2 weeks to $5B and now 3 days to $6B, how soon will it go to $7B and beyond?) Decrypt
| | Aave Set To Bring Home Mortgages To DeFiAave will partner real estate tokenization firm RealT to bring home mortgages to its platform. Details are rather scarce at the moment, though this feature is expected to be included in version two of the protocol. On top of that, Aave also plan to include transaction fee optimisations in v2, along with native support for Gas Token (GST2), allowing users to tokenize ethereum's gas. CoinDesk
| | MetaMask Announces Code ChangeMetaMask has announced that it'll be making significant code change this year. The MetaMask team plans to achieve this by simplifying the API in order to provide a safer and more stable experience.
However, this change will likely break some of current MetaMask dapp implementation. The upgrade will be carried out in 3 months time, giving developers the time to implement the required changes without interrupting their users once it's rolled out. Decrypt
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| Utility TokenUtility-tokens represents the right to use a product or service offered by the utility token issuer as a means to circumvent the categorization as an investment vehicle. Learn about other Crypto terms here | | | |
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