faerie_folk

August 6, 2024, 17:56

@asiaspettel on IG

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Back home from FWA! Was lovely meeting everyone there!
Now back to your regularly scheduled art 😎

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Me OMW to FWA 😎

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Completely forgot to post this here, but here's the SFW version of my trade with the lovely Seff~

Patreon: patreon.com/aeronus
Bsky: https://bsky.app/profile/aeronus.bsky.social/post/3lntac2zsjs2a
FA: https://www.furaffinity.net/view/60519806/

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Better start running, ants~
A "little" birthday gift for Typhek~

Patreon: patreon.com/aeronus
Bsky: https://bsky.app/profile/aeronus.bsky.social/post/3lnsgbwdr6s2s
FA: https://www.furaffinity.net/view/60722531/

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They told me I could lose a lot of weight by joining the military. Instead, after some nondescript experiment they did, the opposite seems to be happening...

Character, Theme, and Outfit requested by my Patreons!

Patreon: patreon.com/aeronus
Bsky: https://bsky.app/profile/aeronus.bsky.social/post/3lnoeiri6rc2l
FA: https://www.furaffinity.net/view/60705838/

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📉 Significant Outflows in Bitcoin and Ethereum ETFs

💰 On Monday, spot bitcoin exchange-traded funds (ETFs) experienced major outflows, with investors withdrawing a total of $541.07 million. Fidelity’s FBTC was hit the hardest, suffering $169.6 million in withdrawals. Ark Invest and 21shares saw $138.26 million exit, while Grayscale’s Bitcoin Mini Trust faced a dip of $89.49 million. Other notable outflows included Bitwise’s BITB with $79.84 million, Grayscale’s GBTC dropping by $63.66 million, and Franklin Templeton’s EZBC losing $17.62 million. Vaneck’s HODL and Valkyrie’s BRRR also reported outflows of $15.28 million and $5.74 million respectively. Blackrock’s IBIT fund was an exception, attracting $38.42 million in inflows.

📉 Ethereum funds also faced losses, with a total of $63.22 million exiting. Grayscale’s Ethereum Mini Trust led the decline with $31.94 million withdrawn, followed closely by Fidelity’s FETH which shed about $31.5 million. Grayscale’s ETHE saw a divestment of approximately $10.8 million. However, Blackrock’s ETHA fund managed to attract $11.01 million in inflows.

📊 Despite the outflows, the total cumulative net inflows for bitcoin ETFs stood at $23.61 billion as of November 5. Monday’s trading volume for spot bitcoin ETFs was $2.22 billion, while ethereum funds saw $149.11 million in trades. As of Tuesday, the twelve bitcoin funds held $67.44 billion in bitcoin, representing 5.06% of the cryptocurrency’s total market cap, and the nine ethereum funds held $6.63 billion, making up 2.27% of ethereum’s market cap.

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📈 Stablecoin Market Sees Modest Growth in October

📊 The stablecoin economy has reached a value of $172.892 billion, with October contributing an additional $555 million. The market experienced a slight increase of 0.32% from the previous month. Leading this growth is tether (USDT), which now holds a market cap of $120.522 billion—representing 69.71% of the total stablecoin sector. October also saw a 0.7% rise in USDT’s supply. In contrast, usd coin (USDC) fell by 1.9% to a market cap of $34.629 billion.

📉 DAI faced a 2.9% decline in October, bringing its market cap down to $4.887 billion. This drop was influenced by Sky’s USDS, which increased to $1.082 billion. It's important to note that DAI tokens can be exchanged for USDS on a one-to-one basis. Ethena’s USDE saw an 8.7% increase last month, reaching a market value of approximately $2.755 billion. Meanwhile, FDUSD decreased by 10.78% to settle at $2.156 billion.

🔄 The shifts in market caps have positioned USDS as the sixth-largest U.S. dollar-pegged coin with a market cap of $1.082 billion. Stablecoins continue to play a significant role in trading activities, accounting for $30.068 billion of the $70.116 billion in crypto trades over the past 24 hours. This means that approximately 42.88% of all trades are conducted using stablecoins.

📈 Despite fluctuations in individual token supplies, the stablecoin sector shows steady growth and sustained interest in fiat-pegged assets within the crypto space. Representing nearly half of all crypto trading volume, stablecoins have established their importance in the ecosystem by providing stability. The varying market caps of tokens like USDT, USDC, DAI, FDUSD, and the newly introduced USDS illustrate the diverse factors influencing this evolving market.

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🚀 OceanPepe: The Legendary King of Memes & Gaming
A next-gen meme coin merging culture, utility, and gameplay in a fast-growing, revolutionary ecosystem designed for long-term success.

➡️ The Great Reef Run – a play-to-earn Web3 game at the heart of OceanPepe. Powered by Phantom Wallet, dive into thrilling challenges, earn rewards, and compete in high-stakes contests for real value.

🚨HOLDER BENEFITS🚨

🚀 Fair Launch via Pump.Fun
🔥 Passionate Community of Degens & Gamers
🎮 Play, Raid, Earn! – Real rewards for playing, raiding, and winning!
🎥 Active Dev, Doxxed & Engaged – OceanPepe’s dev is fully transparent, active in the community every day, and directly interacts with holders!

Join the movement, ride the wave with OceanPepe, and engage directly with the dev!

https://t.me/+metuO92gRoBhOTRh

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https://open.substack.com/pub/gregreese/p/hiding-the-past-with-dams?r=y25t&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false

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