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November 18, 2021
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November 18, 2021

While BTC and ETH Descend, the Gaming Bull Run Continues

Oliver Grah
Nov 18, 2021
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Introduction

As has been the likeliest short-term outcome, Bitcoin and Ethereum are continuing to move lower, proving once again that corrections rarely end when everyone is buying the dip and optimism still prevails. It is much more likely that we will get a reversal once sentiment really shifts to the bearish side.

Twitter avatar for @NinjascalpNinja @Ninjascalp
2 days in this range feels like two months welcome to crypto $BTC
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November 18th 2021

17 Retweets508 Likes
Twitter avatar for @woonomicWilly Woo @woonomic
I think I’ll call this one “buying the dip”
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November 18th 2021

99 Retweets727 Likes

With BTC and ETH showing so much weakness, it is remarkable that one sector within the crypto market doesn’t feel like participating in the broader “bear market sentiment”: Gaming and metaverse projects. Apart from a few exceptions, we only see gaming-related projects doing well today…

Terra, the L1 for Gaming?

  • With the rise of gaming and metaverse projects in recent months, several chains have positioned themselves as “gaming blockchains” – BSC, Polygon, Immutable X, and Solana to name the most prominent ones. Now, we see L1 powerhouse Terra enter the ring as well… Probably nothing.

Twitter avatar for @stablekwonDo Kwon 🌖 @stablekwon
1/ Summoner’s War (50M+ downloads on Android alone) and other blockbuster IP by public gaming company Gameville is coming to @terra_money
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November 18th 2021

193 Retweets483 Likes
Twitter avatar for @stablekwonDo Kwon 🌖 @stablekwon
2/ Play to earn is an inflection point in gaming history, and @terra_money provides unique infrastructure for players to earn in stablecoins pegged to their national currencies for global games

November 18th 2021

37 Retweets544 Likes

The Battle for the Metaverse Is on

  • After Facebook’s massive metaverse announcements, we have – fortunately – seen a lot of resistance form to the idea of a centralized, Facebook-controlled metaverse. The fight for a decentralized metaverse will be one of the defining moments of the next few years. Don't forget to take your stand early!

Source: Forbes

Aave’s Institutional DeFi Platform Is Launching

  • After many months of building, DeFi blue-chip Aave is finally ready to release its institutional borrowing and lending platform. While not everyone in the DeFi community is fond of Aave’s compromises on centralization and regulatory measures (including KYC), this release certainly marks a significant turning point in DeFi’s evolution from a purely idealistic space for tech-nerds, to a more mainstream-suitable product offering.

  • While Aave certainly takes on additional regulatory risks with this move by opening up new “attack vectors”, Aave’s is pursuing its goal to attract the huge amounts of institutional capital sitting on the sidelines, waiting to jump into the crypto markets.

  • Will this step mark the beginning of a new round of fulminant growth for Aave or will regulators try to restrain the DeFi behemoth’s push into the financial markets? Time will tell.

Twitter avatar for @StaniKulechovstani.eth (👻,🐻‍❄️) 👘 🪰🔺 @StaniKulechov
Aave Arc institutional market is here 👻 Governance vote to add @FireblocksHQ as first whitelister to add institutional users into the market. Upon a positive outcome the market is live 🔥

Aave @AaveAave

1/DeFi represents a powerful wave of innovation that has so far been inaccessible to traditional financial institutions. Today that changes! A thread 👇👇👇

November 18th 2021

1 Retweet8 Likes
Twitter avatar for @AaveAaveAave @AaveAave
3/ Aave Arc is a permissioned market based on the Aave V2 market. In the spirit of innovation and experimentation, Aave Arc creates a web3-native experience for financial institutions to harness the power of DeFi in a permissioned sandbox environment 🚀

November 18th 2021

1 Retweet23 Likes
Twitter avatar for @DeFi_DadDeFi Dad ⟠ defidad.eth ≡🦇🔈 (📜,📜) @DeFi_Dad
Very promising development by @AaveAave to introduce more of TradFi to DeFi. My inner cypherpunk wants to say “let TradFi burn” but my pragmatic self says “we gotta be open to building bridges.” https://t.co/qKMx1kuhR9

Aave @AaveAave

2/The Aave community is introducing the first Aave Arc Market and @FireblocksHQ as the proposed first whitelister! https://t.co/89GdOV41QZ

November 18th 2021

2 Retweets22 Likes
  • The path for DeFi going forward strongly depends on the actions by politicians and regulators in the months and years ahead. It’s certainly going to be a bumpy ride with setbacks and progress.

Twitter avatar for @jerrybritoJerry Brito @jerrybrito
GM! Some good news: A comprehensive bipartisan bill has just been introduced in the House to fix EVERYTHING wrong with the infrastructure bill's crypto tax provision–including the unconstitutional §6050I individual reporting mandate.
congress.gov/bill/117th-con…

November 18th 2021

80 Retweets288 Likes
Twitter avatar for @juthicajuthica @juthica
the SEC is in an interesting position where their actions can cause more damage to retail investors than what they're originally trying to protect them from

November 17th 2021

76 Retweets702 Likes
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ULTRA
Nov 19, 2021Liked by Oliver Grah

Thank you :)

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Monican Spy
Writes Monican Spy ·Nov 19, 2021Liked by Oliver Grah

Lot's of people begging for info in twitter replies. 6 likes here on the Ellio trades roundup. Free Alpha.

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