The daily transaction amount is record high,POS took out 30% of the supply from the market.Staked ETH ETF-s were accepted.Tokenized funds are coming to Ethereum.The price is still shit like nothing happened.WTF is gong on? It doesn't make sense!
>>62222493some fag sold 550k from staking to binance and lee is only buying up idle cex supplies on otc....
fellow 2y baggie here. it follows BTC and broader market dynamics. it will pump when BTC does
>>62222493There is currently a balance of buying and selling.Once CLARITY passes, more Ether will be bought by US corporations to tokenize assets.
>>62223385Isn't CLARITY just a Trojan horse of the central banking elite?
>>62223533No.
>>62223612They try to ban stable coin yields.
>>62222493ETH is tied at the hip to high liquidity environments and therefore small cap performance. SP has been roaring whilst r2k has been stagnant, same setup. When a rotation happens it will be violent. For similar charts on what ETH could look like indicator wise, look at XRP last cycle and commpare to this cycle. Relatively shallow drawdown from high. Timing is kinda hard to predict but ETH drawdowns are becomming increasingly shorter and more violent and bear markets take less time too.We're likely already starting the next bull run for alts especially, although I think BTC could revisit lows or set a new low around 58k without alts needing to do the same.
>>62223533it's better than it was before, at least. it now has defi protections built in
>>62224809Defi shouldn't be protected. It should be left alone. The whole point was to separate the economy from the state.
>>62224900would you prefer a bill that implicitly bans defi in the united states by forcing impossible regulations onto smart contracts?
>>62224911>would you prefer a bill that implicitly bans defiI already said it should be left alone. Do you think banning a thing is the same as leaving it alone?Every regulation is bad for crypto. It limits the ways you can create or use crypto. Crypto should be completely independent from the government. It's not for clueless bootlicker normies who can't conceptualize things like privacy or individual responsibility.
>>62223629They can and will on US centralized exchanges.