Collective Shift

BTC pushes past $30k for the first time in 10 months. Bullish, but it won't last.

US treasury released a report on DeFi protocols- "The Dollar is used more for crime."

Binance continues to face regulatory heat with products removed from Australia. Not your keys..

There is a growing momentum of Cryptocurrency outside of the United States. Singapore, Japan, HK

Etheruem withdrawals should have happened by now. A likely non-event.

The team provided 1 underappreciated news event this week. 

Our Senior Research Analyst, Nick, explains why he covered Polygon (MATIC) in Collective Shift's new Monthly Altcoin Report.

He describes the importance of recent developments for Polygon such as the beta version of the Polygon zkEVM, Polygon partnering with Immutable to build Immutable zkEVM, new gaming partnerships, and more.

Monthly Altcoin Report (Pro Members): https://collectiveshift.io/investing/monthly-pro-altcoin-update-mar-2023/

Timestamps:

00:00 Intro

00:37 State of Polygon

00:51 Polygon zkEVM

04:05 Immutable zkEVM

07:30 Gaming Partnerships

08:25 Salesforce

10:10 Outlook

11:50 Outro

The BLUR NFT Marketplace has been dominating the NFT mindshare, overtaking Opensea by NFT trading volume and even forcing Opensea to reduce their fees! Is it mostly due to its token airdrop where users got over thousands of $$? 

Though not without its risks (wash trading, token use etc.) The BLUR NFT marketplace is proving to have stay power and is currently the preferred NFT marketplace over Opensea. 

In this episode, we give you an introduction to the BLUR NFT marketplace and show you how to buy an NFT. 

https://blur.io/

00:00 Welcome

00:40 Topics

01:33 Introduction to Blur

05:12 Risks

08:22 Website Overview

11:26 Airdrop

14:02 Trading

16:46 Wallets

18:06 Conclusion

Our Senior Research Analyst, Nick explains why Bitcoin has relatively safety in the market via increased regulatory clarity and fewer risk points than the rest of the crypto market.

In the first quarter of 2023, BTC was the world's top-performing asset. Year to date, BTC is +70% and remains 60% below all-time highs.

Timestamps:

00:00 Intro

00:36 Bitcoin Rally

01:39 Regulatory Status

04:40 Bitcoin's Purpose

07:34 What Next?

11:11 Bitcoin vs Other Cryptocurrencies

11:57 Outro

Our Head of Research, Matt, shares his takes on Binance and its CEO being sued by a U.S. regulator. This news made headlines globally and caused cryptocurrency prices to fall.

As the world's largest crypto exchange, Matt explains the significance of this news; what it means for Bitcoin (BTC), Ethereum (ETH) and the market; and whether more regulators will come after Binance.

Timestamps:

00:00 Intro

00:25 Binance vs CFTC

02:30 Implications for Crypto

04:25 More to Come?

07:00 Self-Custody Reminder

09:52 The Race to Regulate Crypto

11:38 Outro

The Arbitrum Token has launched! 

Arbitrum is a layer 2 Scaling solution on top of Etheruem, they released their governance token to help with decision making and decentralisation. Their website crashed while some smarter people managed to cash out 10's of thousands of tokens in illiquid markets! 

This is a guide to help with understanding where Arbitrum sits.

https://arbitrum.foundation/

Timestamps: 

00:00 Arbitrum is OUT

01:29 Topics

02:16 Topics

06:37 CHEATERS

08:19 Distribution

10:21 Arbitrum docs

14:08 Security Council

16:26 Stats

19:48 Collective Shift

21:30 Airdrops

23:15 Conclusion

24:22 Methods

In this episode, we take a closer look at the current state of the Bitcoin market, which has seen a 60% increase in value this year. We examine the four-year supercycle that Bitcoin tends to follow, as well as explore whether Bitcoin has already hit its bottom or if there is still room for growth.

This is a partial recording of our weekly Member Town Hall from March 27th, 2023. Below are some topics discussed between the team and the community.

• An update on the Banking crisis with an emphasis on the regional banks
• SEC pursues Coinbase, a pivotal turning point for the crypto industry
• Clever Marketing or the future, Bitcoin to $1M in 90 days
• Nasdaq to open crypto Custody in Q2 2023- Bullish
• News from Avalance, Zk Sync, Matic and Immutable Labs
• Terra's Do Kwon, reprimanded into custody. 

Timestamps: 

00:00 Welcome

00:55 Market recap

02:05 FED Rate

05:40 Banking Crisis

10:25 SEC vs Coinbase

19:00 Terra + Do Kwon

20:00 Bitcoin to $1M

25:00 Nasdaq

27:00 Microsoft

29:30 Zk Sync

30:20 IMX + Polygon

32:55 Avalanche

39:10 End of Public

Our Senior Research Analyst, Nick explains why Merit Circle is a project still worth monitoring even in the crypto bear market. With gaming touted as a sector that could spark the next wave of adoption of cryptocurrencies, NFTs and blockchain technology, now is an opportune time to be monitoring projects such as Merit Circle.

Timestamps:

00:00 Intro

00:28 Overview

00:50 Merit Circle

02:46 Game Developers Conference

03:31 Flow of Value

05:28 Analysis

09:50 Outlook

11:41 Outro

What happens when you need an aggregator that aggregates all the other aggregators!? 

Well, the team at DefiLlama had the same thought. So they built the DefiLlama Meta-Aggregator! 

As I explained in this video, think of a pyramid, at the bottom are all the different Liquidity provider pools or AMMs, one level above them is an aggregator that finds the best route for your swaps. There can be multiple aggregators looking at different AMMs or liquidity pools. This Meta-Aggregator goes to the third level, finding you the best aggregator that finds you the best swap.

It's a great tool, I use it almost exclusively for all my EVM swaps. Give it a go!

https://swap.defillama.com/

https://defillama.com/