The DeGen Bible to Financial Freedom - Vol. 3
![The DeGen Bible to Financial Freedom - Vol. 3](/content/images/size/w2000/2022/07/ST3.jpg)
Week 27 June - 1 July 2022
In case you don’t see BTC, good morning, good afternoon, and good evening - Mars Captain
🧠 Observations
- Total MC dipped below 1T again. Now at 900B level. Three Arrows ordered to liquidate, FTX buying BlockFi, Celsius still struggling, is that all? 😭
- Well, USTC and LUNC got pumped, and USTC moved up to almost top 10, but still a stablecoin below $1… Crypto is fun, LOL. 😂
- There was a USDC FUD this week, but nothing stops this beast’ s eating into USDT’s market dominance. 😈
💵 Stablecoin & Market Landscape
(Last 7 day average) Stablecoin market share remains EXTREME high in reference to the total crypto market capitalization. 15.68% of stablecoin (151.7B) on 0.9T crypto market.
![](https://news.starfish.finance/content/images/2022/07/Frame-4.jpg)
![](https://news.starfish.finance/content/images/2022/07/Frame-5.jpg)
Stablecoin % stayed high throughout the last 7 days, now at 15.68%. Looks flattened? 🤔
Reminder: Mid-NOV 2021, this percentage was around 4ish% with a 3T total MC. Now we are at 15ish% with a 0.99ishT total MC.
![](https://news.starfish.finance/content/images/2022/07/Frame-6.jpg)
Now at 900B, this weekend should bottom until next CPI and FOMC meeting in mid July. 😷
Reminder, we are at the lowest point in the last 365 days for the whole month of June.
Decoupling correlation US Stock x Crypto by CaptainMars on TradingView.com
Decoupling again? This week only 0.17ish correlation with BTC price. Good on ya, boomers, go away from crypto, we don’t need you. 💩
NFTs on sale? ETH down, Floor price down, wen accumulate more bluechips? 🐵
🔢 Index
Bitcoin Fear and Greed Index is 11. Extreme Fear
— Bitcoin Fear and Greed Index (@BitcoinFear) July 1, 2022
Current price: $19,426 pic.twitter.com/Bh8cOHWmeS
A little bit of optimism coming back this week, stayed between 10-14 all week long. 😞
Daily #CBBI status update:
— CBBI - ColinTalksCrypto Bitcoin Bull Run Index (@CBBI_daily) July 1, 2022
https://t.co/YpDBHLshNn
𝐂𝐎𝐍𝐅𝐈𝐃𝐄𝐍𝐂𝐄 𝐒𝐂𝐎𝐑𝐄: 1️⃣0️⃣
🗓 Jul 1st, 2022
The price of #Bitcoin is $19,206 pic.twitter.com/Vgejk4sXdM
What! 10? Why are you in crypto? Why don’t you believe in BTC GOD! 💢
📰 Current affairs
Bitcoin:
![](https://cdn.decrypt.co/resize/1024/height/512/wp-content/uploads/2021/03/Webp.net-resizeimage31-gID_5.jpg)
![](https://www.coindesk.com/resizer/NFSzaS6IEcYRmVeqsteIDMT56hY=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/B7YTP27TDJHHJL73HVRJDGEYSU.jpg)
![](https://www.coindesk.com/resizer/wUEBwCUiqwHKItRpQWG64ePmm4o=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/5DNVTL4GEFHMVPJ4D6HSHSWBGY.jpg)
![](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ilH8h5fiG63o/v0/1200x800.jpg)
Ethereum:
Layer 1s & DeFi:
![](https://substackcdn.com/image/fetch/w_1200,h_600,c_limit,f_jpg,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F21909e83-e1c2-4ecc-bcab-88fca424d1a9_1676x644.jpeg)
![](https://www.coindesk.com/resizer/kSD7AiAprF9MMKaWZUPKUDlsoI0=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/EEJAW7HP2ZBBXDXLIJUE47IC34.jpg)
![](https://images.cointelegraph.com/images/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDYvMjgzZjJjNzQtZjE4Ni00OWQzLTlhY2MtNjU1YTM5YjllOTQ3LmpwZw==.jpg)
![](https://images.cointelegraph.com/images/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDYvMDcxOGJhZTItOGQ5OC00YjFiLWIzZjgtNGUxYzFiMmY3YzA1LmpwZw==.jpg)
![](https://blockworks.co/wp-content/uploads/2022/02/Solana.jpg)
![](https://www.tbstat.com/wp/uploads/2020/05/20200526_Polkadot-Daily.png)
![](https://www.tbstat.com/wp/uploads/2022/01/wonderland.png)
![](https://threadreaderapp.com/images/screenshots/thread/1542535267097141248.jpg)
NFTs & Metaverse:
![](https://www.tbstat.com/wp/uploads/2022/02/20220207_Magic_Eden_Solana_NFT.jpg)
![](https://miro.medium.com/max/1200/1*Q9K9WqZLHa1AzLKo_nFIEA.png)
![](https://www.tbstat.com/wp/uploads/2022/03/20220328_Appraisal_NFTs.jpg)
![](https://www.tbstat.com/wp/uploads/2019/12/ronaldo-juventus-getty.jpg)
![](https://www.coindesk.com/resizer/2t80idF1ltpffaRZ_JMg9GK5p5g=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/5GBCNHVXOJFMHHP3T56XHHG42Y.jpg)
Macro Economy & Regulations:
![](https://substackcdn.com/image/fetch/w_1200,h_600,c_fill,f_jpg,q_auto:good,fl_progressive:steep,g_auto/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F63304b93-92b5-43f4-b278-e10fbf2a8bfe_1388x1684.png)
![](https://www.coindesk.com/resizer/6JbUsfmbYj9LYds0ng0mnrWUWUo=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/VUA4UAVNEFH3ZCJHJGQDAKZWXY.jpg)
![](https://www.tbstat.com/wp/uploads/2021/12/20211208_Changpeng-Zhao-CZ-Binance.jpg)
![](https://www.coindesk.com/resizer/8VlyUFQDhaPSIPrYRkaVXKPbAVg=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/6UQ2SF5VWNDURDUHMJP75S2KZQ.jpg)
![](https://imageio.forbes.com/specials-images/imageserve/62bb1fbd923d71e398123430/0x0.jpg?format=jpg&crop=1920,1080,x0,y0,safe&width=1200)
![](https://cdn.decrypt.co/resize/1024/height/512/wp-content/uploads/2020/04/shutterstock_1342761677-gID_1.jpg)
Interesting Tweets:
❄️ Are we in a Crypto Winter?
— Jamie Burke ⛺️ (@jamie247) June 25, 2022
Media, Investors & CEOs are taking about a Crypto Winter in Web3 but..
🔹 What IS a technology winter?
🔹 How can we objectively say if we are in one or not?
🔹 And what happens next?
A thread🧵👇
If you are not using data then you are in the 92% of NFT traders that are losing money
— NFT God (@NFT_GOD) June 27, 2022
Dune Analytics has thousands of free custom dashboards to track NFT's.
Here are the 5 you ABSOLUTELY need to be successful in NFT's:
0/
— forecastooor (@forecastooor) June 28, 2022
I compiled some FTX & Binance (launchpad only) IEO statistics between 2020-22, and added some thoughts.
Assume buy all tokens at launch and hold till now.
No. of Projects:
Binance: 22
FTX: 12
Avg Return:
Binance: 22.2x
FTX: 1.5x
Win Ratio %:
Binance: 91%
FTX: 50%
Today, the SEC denied our application to convert $GBTC to a spot #Bitcoin ETF. 🧵
— Grayscale (@Grayscale) June 30, 2022
Current state of crypto contagion. pic.twitter.com/MDTpfweQNz
— Ape Digest (@ApeDigest) June 25, 2022
Research Reports & Videos (DYOR):
![](https://outlierventures.io/wp-content/uploads/2022/06/crypto-winter-thumbnail.jpg)
![](https://upload.wikimedia.org/wikipedia/commons/a/a9/Rube_Goldberg%27s_%22Self-Operating_Napkin%22_%28cropped%29.gif)
![](https://miro.medium.com/max/1012/1*vx7_HB2Ugf_H4fhaZZ7nMA.png)
![](https://miro.medium.com/max/1200/1*KBeQ8vjSPOwlPdLuw78qWQ.png)
CONTAGION REPORT June 2022:
https://www.docdroid.com/EWhS190/bm-pro-contagion-report-2022-06-pdf