Weekly Pill — Volume 021
TL;DR
- ETH ↓1.1% to $3.4k, BTC ↓4.6% to $61.6k
- ETHBTC ↑4.3% at 0.055
- Get Paid to Borrow Bitcoin — Round 4
- eBTC Redemptions Activating
- ETH and BTC levels to watch
- eBTC Competitive Audit
ETH/BTC Market Snapshot
The market continues to consolidate. ETH is down slightly on the week, 1.1% to $3.4k and BTC is down 4.6% to $61.6k. ETHBTC showing strength up 4.3% to 0.055
Get Paid to Borrow Bitcoin — Round 4
We are back with another month of Get Paid to Borrow Bitcoin! Open a CDP with ETH or WETH for your share of 11 stETH in rewards.
eBTC Redemptions Going Live
eBTC is activating redemptions on June 28th! Learn more in our educational thread below👇
Dose of ETH
Quinn Thompson explains how bullish the ETH ETF will be and that people are underestimating its ability to rerate the asset.
Not everyone is bullish Andrew Kang published an article on why he thinks the ETH ETF will underwhelm.
Dose of BTC
Zoom out! Wolf shows that on a quarterly outlook this is a healthy pullback after two large green quarters. He puts a green candle prediction on the chart for Q3.
Despite all of the selling FUD, Crypto Condom points out that BTC on exchanges continues to trend downwards as BTC transfers from paper hands to diamond hands.
Security Spotlight
Security doesn’t stop at launch. Badger is running a $40k competitive audit on Code4rena for our eBTC Zap Router.
