Whats "next", after Bitcoin ETF :
1. "Sell the News?" - Realization in the market that most BTC-Beta is early stage. [Liquidity shifts towards $BTC, Bitcoin Infra]
2. TradFi's Web3 Entry - Sparks VC Portfolio narrative. [e.g., "VanEck" crypto portfolio, like Grayscale]
3. ETH…
@giacolmo
Expectations:
Lower fees for L2s will erase the appeal of traditional L1s. However, I think $SOL and other high-performing L1s that are already in the Cult phase will actually benefit from this narrative.
@layerggofficial
Narrative of etf spot approval earlier only helps Wales to accumulate and let the opportunity to buy dca. At the end of the day market doesnt needs etf to pump. Cycle are the same. With or without only one thing matter, adoption of blockchain technology and fundamentals.
@layerggofficial
That's total mcap excluding btc
So btc mcap isn't there
Everything else including eth others all are
So this chart will resemble altcoins specially
@layerggofficial
Today the CEO of
#Ark
Invest expects the spot
#Bitcoin
ETF to attract "substantial" institutional flows. This news will be announced tomorrow. I think it is suitable to choose the right position to be long on mexc. The overall expectation this time is bullish on it.
@layerggofficial
Excellent analysis. I really think if someone believe that Blast will have a future (as I do), $BLUR staking will give way more points and tokens that actual bridging eth/dai there (imho we will see soon good catalyst for the blur as testnet is starting next week or so)