Yesterday In Crypto

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Yesterday In Crypto - June 23 2022
hodlandshill.substack.com

Yesterday In Crypto - June 23 2022

16 terms every VC knows but most investors don't, The Federal Reserve’s stated goal is to get inflation back at 2%, ProShares Bitcoin short strategy ETF (BITI) trades over 870k shares, 35 million.

Hodl & Shill
Jun 23
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Yesterday In Crypto - June 23 2022
hodlandshill.substack.com

🌐 GM or GN depending on what part of the planet you’re reading from. This is today’s edition of Yesterday In Crypto where we go over the most notable and interesting things in crypto over the last 24 hours. 

Our goal is to give you a birdseye view of the crypto market and blockchain space in the past 24 hours without taking up hours of your time. You should make it through in less than 5 minutes.

Hodl & Shill

🔑 Highlights In This Edition:

💡 - 16 terms every VC knows but most investors don't
🏦 - ProShares Bitcoin short strategy ETF (BITI) trades over 870k shares, 35 million in value, on the second trading day
🔮 - The Sports Stars Who Have Suffered The Biggest Salary Losses


📊 Crypto Market Stats

Market Cap: $949,457,553,300

BTC Dominance: 41.15%

24h Volume: $131,334,251,112

BTC/USDT on Binance [1D]

📊Total Orders: 1,355,293

📈Buy Orders: 670,253

📉Sell Orders: 685,040

🔥Buy Volume: 922.61M USDT

🔴Sell Volume: 941.25M USDT

Sellers in Control 🐻

Chain - TVL Change Leaderboard(1 day)

Solana  Change: +3%  TVL: 2633M

Polygon  Change: +1%  TVL: 1678M

Avalanche  Change: +0%  TVL: 2661M

Cronos  Change: +0%  TVL: 1116M

Ethereum  Change: +0%  TVL: 46554M

BSC  Change: --1%  TVL: 5895M

Tron  Change: --1%  TVL: 4048M


📿 I Wear Your NFT (Coming Soon)

Do you remember the “I Wear Your Shirt” project years ago? It was before its time.
We were inspired by the idea and decided it would be a really cool way to showcase NFT projects so we are getting things ready for I Wear Your NFT. We know you are gonna love it.


📰 Trending Headlines

University of Cincinnati adds teaching Bitcoin and crypto to curriculum

22 minutes ago via finbold.com➡️

#1017 Max Keiser On Helping A Nation Build On The Bitcoin Standard

1 hour ago via blockworksgroup.io➡️

China identifies use of crypto in drug trafficking as new phenomenon – report

1 hour ago via finbold.com➡️

Buying $100 of SHIB every 14 days for a year would have lost you over $500

1 hour ago via finbold.com➡️

Bank of England says crypto crash survivors could grow to rival Amazon

1 hour ago via finbold.com➡️


🧵Crypto Tweets & Threads

The Federal Reserve’s stated goal is to get inflation back at 2%

Twitter avatar for @ecoinometricsecoinometrics @ecoinometrics
The Federal Reserve’s stated goal is to get inflation back at 2%. Their main tool for that: make you poor. 🧵

June 19th 2022

60 Retweets330 Likes

The release of Core

Twitter avatar for @avalancheavaxAvalanche 🔺 @avalancheavax
With the release of @CoreApp_, the Avalanche Bridge has added support for bridging native Bitcoin to #Avalanche This new functionality unlocks half a trillion dollars of value on the Bitcoin network, allowing users to put their $BTC to work on Avalanche🤝
medium.com/avalancheavax/…Avalanche Bridge Adds Native Bitcoin SupportThe Avalanche Bridge launched last August and enabled fast and secure transfers of ERC20 assets between the Ethereum and Avalanche…medium.com

June 22nd 2022

246 Retweets560 Likes

Sam, FTX & Alameda recent moves

Twitter avatar for @Blockworks_Blockworks @Blockworks_
Sam, FTX and Alameda. They've been busy. Acquisitions, hiring, financing and expansion. 🧵 on some of their recent moves.
Image

June 22nd 2022

40 Retweets227 Likes

Here are 16 terms every VC knows but most investors don't

Twitter avatar for @Codie_SanchezCodie Sanchez 💥 @Codie_Sanchez
Everyone wants to make money or be an investor... But most people don't speak the language of investing. Here are 16 terms every VC knows but most investors don't:

June 22nd 2022

1,402 Retweets6,908 Likes

📈 Top Gainers/Losers in the Top 100

Gainers in Top 100 (24h) 📈

Polygon - $MATIC | 7.47% - $0.455

Uniswap - $UNI | 6.03% - $5.02

Cosmos Hub - $ATOM | 4.86% - $7.19

The Sandbox - $SAND | 4.11% - $0.949

LEO Token - $LEO | 2.76% - $5.73


Losers in Top 100 (24h) 📉
Celsius Network - $CEL | -17.49% - $0.925

Filecoin - $FIL | -10.06% - $5.53

Aave - $AAVE | -9.10% - $62.55

Shiba Inu - $SHIB | -9.03% - $0.00000968

Holo - $HOT | -8.67% - $0.00211


🔎 Trending Search on CG

1.) dYdX ($DYDX) | 186

2.) Evmos ($EVMOS) | 106

3.) Polygon ($MATIC) | 20

4.) Voyager VGX ($VGX) | 206

5.) Celsius Network ($CEL) | 98

6.) Solana ($SOL) | 9

7.) AssetMantle ($MNTL) | 836


📙 Must-Reads From Around The Web

​Crypto Broker Voyager Digital Says Three Arrows Capital Hasn’t Repaid $666 Million in Loans
Crypto broker Voyager Digital said it may issue a notice of default to Three Arrows Capital Ltd. if the crypto hedge fund fails to make a loan repayment by June 27. Voyager Digital said it lent 15,250 bitcoin and $350 million in USD Coin to Three Arrows Capital.

The company initially asked for a repayment of $25 million USD Coin by June 24 and then asked for the entire balance to be paid by June 27.

These loans amount to $666 million based on bitcoin's current price.

​MicroStrategy CEO Michael Saylor compares crypto to early oil industry
MicroStrategy CEO Michael Saylor continues to have faith in bitcoin and compared the recent crypto crash to the early days of the oil and car industries.

Bitcoin has plunged more than 70% from its all-time high of $69,000 last fall, resulting in paper losses of over $1 billion for MicroStrategy, which holds about 129,000 bitcoin.

Saylor has been a loud proponent for bitcoin, pushing MicroStrategy to be one of the largest public holders of the asset.

ProShares Bitcoin short strategy ETF (BITI) trades over 870k shares, 35 million value, on second trading day


📊 Chart of The Day

Sports Salary Bitcoin Losses

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Thursday is upon us! See you tomorrow for the Friday wrap-up of this short week.

Long Live The Blockchain,

Cryptopher Columbus

Cryptopher Columbus

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Yesterday In Crypto - June 23 2022
hodlandshill.substack.com
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