the daily degen 🦍(17Jul23)
handle.fi daily market update
market data
market news
Argentina’s first bitcoin (BTC) index-based futures contract went live on Thursday, giving qualified investors exposure to crypto in a manner regulated by the local authority. The product is based on a bitcoin index powered by Matba Rofex, the Argentinian stock exchange that published the contract's regulations and trading guide in a statement released on Thursday.
Polkadot rethinks the economics of parachain auctions. Polkadot founder Gavin Wood proposes to overhaul how the network allocates resources, in a plan being dubbed Polkadot 2.0.
Binance lays Off Over 1,000 Employees. Binance, the giant crypto exchange, is cutting a big chunk of its workforce during a federal crackdown in the U.S. More than a third of the staff at Binance – which totaled about 8,000 prior to the layoffs – could eventually be affected by the job cuts, the source said.
around the twitterverse…
trade ideas
trade: long ARB/ USD
the next few weeks/ months could be a great time to build a position in Arbitrum. EIP-4844 and a strong alt coin run could be very strong catalysts to spark a trend in Layer 2 coins. we are big believers in Arbitrum to the point handle.fi is built on their solution. price has broken above the range it was in and has put in a 2 month high over the weekend. if this is indeed a breakout then now would be a great time to position your portfolio for this narrative.
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