🟣 Laser Eyes

Despite what the "Saylor bought the top" bears have been saying, the market is doing well! BTC is encroaching on $39,000 as ETF speculation continues. 

gm^2!   Despite what the "Saylor bought the top" bears have been saying, the market is doing well! BTC is encroaching on $39,000 as ETF speculation continues.    In the more fun world of L2s and gaming, Starknet leaked their airdrop criteria yesterday, and the STARK token will likely be coming in Q1. IMX had a great day and is up 9%, potentially due to Illuvium's new partnership with Team Liquid, an eSports organization.    In more bearish news, following today's DYDX unlocks, some investors deposited upwards of $23M to Wintermute and Amber addresses, which were then transferred to Binance, OKX, and Gate.io, presumably to be sold. DYDX is down nearly 4% today and 14% over the past week.   The co-founder of Aevo, an options DEX, teased three big announcements over the next two months. One of these is likely related to AGP-1, which proposed a new operational model and governance structure and launched (or rebranded) its new token, AEVO. Our very own Brick wrote a flashnote on Aevo's updates last week if you'd like to learn more.   -Matt Fiebach Source: Blockworks Research Analytics   NEAR's daily transaction count has risen to 13.2M, nearly a 645% increase compared to last week. Similarly to Polygon and Avalanche, the drastic increase in transactions on Near is due to inscriptions, which have also led to a total of 350K NEAR tokens being burned.   Despite the recent transaction increase being due to inscriptions, NEAR's transaction counts have also been steadily increasing since the beginning of the year due to newly launched consumer applications. As our very own Pibblez pointed out back in October, network activity on Near hit an all-time high in Q3 of 2023, due to consumer app KaiKai.    Wildcat Whitepaper The whitepaper introduced Wildcat Finance, a protocol that allows borrowers to deploy undercollateralized credit lines for arbitrary ERC20 assets on Ethereum.   A Comparative Analysis of Decentralized Social Protocols The article looks at the history of decentralized social media, federated protocols and networks, and compares various identity and namespace models amongst decentralized social protocols.   Decentralizing Rollup Sequencers: Towards A Rollup-Centric Ethereum The article discusses a modular, specialized approach to decentralizing rollup sequencers and describes Radius as a protocol that aims to achieve this through techniques like encrypted transactions and zero-knowledge proofs. An Overview of Real World Assets and Tokenization Tokenized assets reflect crypto's growth as a legitimate asset class and the adoption of blockchain technology by traditional financial players and markets. They appeal to a different vertical beyond niche crypto circles, by allowing institutions to increase efficiency and lower costs and emerging market retail users to access foreign debt, equity, and currencies. Read More → Frax V3: A Deep Dive Frax saw continued development in its frxETH liquid staking derivative and Fraxlend money market throughout 2023. Frax V3 introduces an RWA strategy to drive utility to the protocol's cornerstone product, the FRAX stablecoin. Read More → Binance gave VIP traders a heads up on $4B settlement: Bloomberg A dinner back in September gave big traders a heads up about the DOJ settlement, Bloomberg reported Read More → MicroStrategy bought nearly $600M bitcoin in less than 1 month MicroStrategy discloses the purchase of 16,000 bitcoin throughout November Read More → The insights, views and outlooks presented in the report are not to be taken as financial advice. Blockworks Research analysts are not registered broker/dealers or financial advisors. Blockworks Research analysts may hold assets mentioned in this report, further outlined in the Firm's Financial Disclosures. 133 W 19th St, New York, NY, 10011 Manage your email subscription preferences here.