BTC, ETH and BNB Trade At A Premium On Binance.US After Court Orders Asset Freeze

Binance Outflows Slow After SEC Crackdown 

12:40 – Beginner Tutorial > Earn Up to 17% APR with wstETH/ETH LP on KyberSwap on Optimism

13:53 – Degen Tutorial > Using the SEI Testnet For A Potential Airdrop

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Despite being in a seasonally strong period, the market is just waiting for the liquidity issues around DCG and Genesis to be addressed.

If they are successful in addressing the FUD or raising the funding that they are looking for from any source, the market is likely to stage a relief rally from oversold conditions.

1100 area is still holding as support. This would be the fourth or fifth time it’s been tested and the bulls are hoping it holds again.

The first hurdle is making it back up to the top of the range in the 1280 area.

Another rejection at the 200DMA shows that the market is not yet ready to start a new uptrend.

There is a very ugly “head and shoulders” pattern but I’m skeptical it plays out.

 It’s the perfect example that we see in books.

 It’s almost textbook, except that this left shoulder is not really well formed. You can see that the right shoulder is a lot higher than the left.

On Wednesday, we have the FOMC minutes from November.

The next support would be around 13K (2019 highs)

 – In just two hours, almost 400 ETH was traded. I think these will be revealed in about a week.

 – Many of them have moved up 3x, 5x, and especially the most recent release. The last sale? 2.5 ETH, quite crazy. It’s a bear market, but at least we have memes.

Earn Up to 17% APR with wstETH/ETH LP on KyberSwap on Optimism

After another shaky week in the crypto markets, we dug deep for a more basic topic to introduce to beginners. A combination of liquid-staked ETH paired in a like-asset liquidity provision (LP) on a DeFi OG automated market-maker feels appropriate in these dark times. 

Using the SEI Testnet For A Potential Airdrop

Sei is Layer 1 blockchain in development that’s optimized for trading and DeFi applications. In September, it announced a $50M fund to incubate a DeFi ecosystem and is currently running a public testnet. On Nov. 16, Sei released its first NFT for testnet participants. 

The information contained in this newsletter is not intended as, and shall not be understood or construed as, financial advice. The authors are not financial advisors and the information contained here is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation. We have done our best to ensure that the information provided is accurate but neither The Defiant nor any of its contributors shall be held liable or responsible for any errors or omissions or for any damage readers may suffer as a result of failing to seek financial advice from a professional.

TIMESTAMPS

02:24 – Market Overview

08:14 – NFT Roundup

12:40 – Beginner Tutorial > Earn Up to 17% APR with wstETH/ETH LP on KyberSwap on Optimism

13:53 – Degen Tutorial > Using the SEI Testnet For A Potential Airdrop

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