The DeGen Bible to Financial Freedom - Vol. 17
![The DeGen Bible to Financial Freedom - Vol. 17](/content/images/size/w2000/2023/01/ST17.jpg)
Week 2 Jan - 7 Jan 2023
DeFi is inevitable - Mars Captain
š§ Observations
- Nothing justified the small squeeze in the last few days. If you look at the Stables/total MC ratio, we might assume around 2% of stables pushed the risk-on assetsā ~20% up. Canāt say if there is new $ coming in to pump the market. š¤”
- The year is starting quietly, donāt forget FOMC in Feb 2023 and the Chinese are having their new year. š®
šµ Stablecoin & Market Landscape
Stablecoin market share remains EXTREME high in reference to the total crypto market capitalization. 14.08% of stablecoin (138B) on 0.98T crypto market. Flattening trend continues
Reminder: Mid-NOV 2021, this percentage was around 4ish% with a 3T total MC. Now we are at 15ish% with a 1ishT total MC.
- Now at 0.98T. Re-bounced a bit, struggling in the 1T level in the last few days. Ā š³
Reminder: June 2022 witnessed a bottom of 800ish B MC vis-a-vis the marketās top in NOV 2021 at 3T.
![](https://news.starfish.finance/content/images/2023/01/Screenshot-2023-01-19-at-3.39.15-PM.png)
- The moral is, EVM chains might just get less and less traction as competition intensifies. Solana being a leader in non-EVM ecosystems serves more than its symbolic value. (Personally, I donāt like Solana, but facts are facts, they are resilient. šŖ
![](https://news.starfish.finance/content/images/2023/01/Screenshot-2023-01-19-at-3.47.18-PM.png)
- Do you agree or disagree? š¤
š¢ Index
Bitcoin Fear and Greed Index is 51 ~ Neutral
— Bitcoin Fear and Greed Index (@BitcoinFear) January 17, 2023
Current price: $21,322 pic.twitter.com/NpDkxFUI0d
- Doesnāt make sense at all, doubled in 10 days, and you look at the small pump + CBBI, guys be careful. ā ļø
Daily #CBBI status update:
— CBBI - ColinTalksCrypto Bitcoin Bull Run Index (@CBBI_daily) January 17, 2023
https://t.co/YpDBHLshNn
šššš šššššš ššššš: 1ļøā£1ļøā£
š Jan 17th, 2023
The price of #Bitcoin is $21,123 pic.twitter.com/4LPx1hnyA6
- Raised a few points to double digit, still very low. š·
š° Current affairs
Starfish Finance:
![](https://www.coindesk.com/resizer/HLIBFqNSDDZBk7FUcJkHYqL2FnM=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/5PYAQCNBT5EPZK7VRYVEV3PH3Y.jpg)
![](https://images.cointelegraph.com/images/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9lMTNkZWJkYWFiY2ViMzgyZmVkZmZlMTYwYzhhOWRmMi5qcGc=.jpg)
Bitcoin:
![](https://bitcoinmagazine.com/.image/t_share/MTc5Mjk3ODExODYyNDY0MTUx/michael-saylor.png)
Bitcoin:
![](https://www.tbstat.com/wp/uploads/2022/09/20220909_Ethereum-Merge-2-1200x675.jpg)
Layer 1s & DeFi:
![](https://the-defiant-web.s3.amazonaws.com/img/2023/01/06170640/LSDRally.jpg)
![](https://the-defiant-web.s3.amazonaws.com/img/2023/01/09203438/Flare_Network_Launches_1673285272lhrfPKiUFQ.jpg)
![](https://img.decrypt.co/insecure/rs:fill:1024:512:1:0/plain/https://cdn.decrypt.co/wp-content/uploads/2023/01/twitter-coins-shutterstock_2166407537-16x9-1-gID_5.jpg@png)
![](https://www.bitcoininsider.org/themes/custom/mytheme/images/bitcoininsider-logo-social-1200x630.png)
![](https://the-defiant-web.s3.amazonaws.com/img/2023/01/11012046/BinanceVoyagerDealApproved.jpg)
![](https://www.tbstat.com/wp/uploads/2022/11/20221123_Lens-Protocol-News-1200x675.jpg)
![](https://techcrunch.com/wp-content/uploads/2023/01/2023-01-11-11.56.08.jpg?resize=1200,675)
![](https://the-defiant-web.s3.amazonaws.com/img/2023/01/12015201/GTCAlphaRound.jpg)
![](https://img.decrypt.co/insecure/rs:fill:1024:512:1:0/plain/https://cdn.decrypt.co/wp-content/uploads/2022/10/Terra-Luna-shutterstock_2108361935-16x9-1-gID_6.jpg@png)
NFTs & Metaverse:
![](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2023-01/a01ba595-35a1-4de4-9324-01d8deae94a0.jpg)
![](https://img.decrypt.co/insecure/rs:fill:1024:512:1:0/plain/https://cdn.decrypt.co/wp-content/uploads/2023/01/music-guitarist-gID_4.jpeg@png)
Macro Economy & Regulations:
![](https://www.coindesk.com/resizer/KgOcZz68fqNFue-ItvGdUamWnV0=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/36C6F7FF5BB2BAAT63FW2CCJQA.jpg)
![](https://cms.blockworks.co/wp-content/uploads/2023/01/Brian-Armstrong-Coinbase-settlement.jpeg)
![](https://cms.blockworks.co/wp-content/uploads/2023/01/dubaicrypto.jpg)
![](https://img.decrypt.co/insecure/rs:fill:1024:512:1:0/plain/https://cdn.decrypt.co/wp-content/uploads/2021/10/ark-cathie-wood-gID_5.jpg@png)
![](https://www.coindesk.com/resizer/hHFP6YNqLWB6YbTnkKrek_arQGU=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/I6DKMXAASJEHNOINN7JVDBHS3E.jpg)
![](https://www.coindesk.com/resizer/DVuwLsF-IKkza01iB23wbjJmVQE=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/O23N74OIFZFWFEMX5HPAF2J3UA.jpg)
![](https://www.coindesk.com/resizer/oZZZVbarsVy_Pw-kzXTSEjeYFtI=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/OVAOUMVL3BC2BP7CRY3ODCS3YI.jpg)
![](https://www.tbstat.com/wp/uploads/2019/12/Justin-Sun-getty-3-1200x675.jpg)
Interesting Tweets:
#Monero in 2023 ā A New Beginning āļø
— John Foss (@johnfoss69) January 6, 2023
This short thread focuses on various metrics, bringing to light the possibilities of where Monero may be headed in 2023 and beyond. Buckle up! š§µ
1/n pic.twitter.com/vARzEUXfv6
Warren Buffett refuses to invest in companies without a moat.
— Edgy - The DeFi Edge š”ļø (@thedefiedge) January 12, 2023
Understanding the Moat concept can help you identify better Crypto investments.
Here are the 7 Moats that you should look for: