the daily degen 🦍(15nov23)
handle.fi daily trooper update
todays markets
market news
✈️S&P 500 notches best day since april, dow leaps nearly 500 points on soft inflation report.
💹dYdX chain trading goes live, enters beta mainnet stage following governance vote.
👩🏼⚖️false blackrock XRP ETF filing referred to prosecutors in delaware.
🫠crypto bulls hit by $300M in liquidations as bitcoin, ether buckle on fizzling ETF momentum.
💱cryptocurrency exchange OKX coming out with layer 2 ‘X1’ built on polygon technology.
crypto fear and greed index
trooperGlossary: decentralised autonomous organisations (DAOs) 📚
decentralized autonomous organizations (DAOs) represent a groundbreaking shift in how organizations are structured and managed, leveraging blockchain technology to facilitate decentralized governance.
unlike traditional organizations, DAOs operate without centralized control, with decisions made democratically by community members, typically through token-based voting systems. this structure ensures that every member has a stake in the organization's future, fostering a high degree of transparency and alignment of interests. DAOs are particularly prevalent in the cryptocurrency and DeFi sectors, where they are used to manage collective investments, govern protocols, and even guide the development of entire blockchain projects. as this model continues to evolve, it challenges conventional notions of corporate governance, offering a glimpse into a future where technology enables more egalitarian and efficient decision-making processes.
around the X-verse… (formerly the twitterverse)
CPI ⬇️ equities ⬆️…
hmm what’s the angle 🤔…
buy the dip? 😋…
trade ideas
trade: short AUD/USD
the ~0.652 level has consistently emerged as a significant resistance point for the AUD/USD pair over the past three months, posing a robust challenge for traders.
once again, it is looking like that the pair might revisit this level, seeking to breach this barrier once more. should it manage to climb above ~0.652 but fails to sustain this breakthrough, it may be time to consider initiating a SHORT position. a potential target for this trade idea lies around the support level of approximately ~0.636.
#NFA #DYOR
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