Bankless

ROLLUP: ETH Merge Soon | Yuga Labs Acquisition | ApeCoin | Raises & NEW Releases Galore

22 snips
Mar 18, 2022
The Ethereum Merge is on the horizon, promising shifts in cryptocurrency as it moves to proof of stake. Yuga Labs' acquisition of CryptoPunks stirs excitement and raises questions about NFT commercialization rights. Bitcoin's market recovery is analyzed alongside Ethereum's price dynamics. There's a buzz around new DeFi tools and the implications of rising interest rates on the crypto landscape. Discussions also touch on the evolving job market in crypto and the emotional connections people have with their NFTs.
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INSIGHT

ETH/BTC Ratio and The Merge

  • ETH/BTC ratio technical analysis shows a potential bullish trend forming.
  • This coincides with the Ethereum merge, a fundamental bullish event.
INSIGHT

Conflicting Market Signals

  • David Hoffman feels conflicted about the market due to mixed signals.
  • Macroeconomic factors appear bearish, while the Ethereum merge is bullish.
ADVICE

Airdrop Strategy

  • When receiving an airdrop, consider selling within the first few days.
  • Historical data suggests this has been the most profitable strategy.
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