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๐Ÿ‘ป๐Ÿ”‘Key Bitcoin Indicator Points to Period of Calm?? ๐Ÿ‘ป๐Ÿš€Stellar (XLM) Readies for Game-Changing Upgrade!

Issue #58 -Read or lose IQ points

Issue #58

Good morning and welcome to the latest edition of Ghostfi Crypto! Please share this with your friends who want to get into the crypto investing game but are too scared to do anything. Weโ€™ll give them that much-needed push. Or at least make fun of them until they do something. JK

Iโ€™ll take some of that Bitcoin, please.

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Past Editions ๐Ÿ—ž

May 10, 2024

Key Bitcoin Indicator Points to Period of Calm in Crypto Market.

Looks like the crypto kiddos are finally settling down and putting their big boy pants on! ๐Ÿ‘– The volatility risk premium for Bitcoin has taken a nosedive ๐Ÿ“‰ since the halving, which apparently means the market is trending towards stability. Who would've thought?

According to the nerds at Bitfinex ๐Ÿค“, this collapse in the VRP (volatility risk premium) indicates that traders are foreseeing a relatively calm and predictable environment ahead. Goodbye, wild price swings! Hello, gentle rocking motion that won't give grandma a heart attack!

But don't get too excited yet, people. While Bitcoin seems to be cruising towards smoother waters ๐Ÿšข, poor little Ethereum is still treading in uncertainty. Its VRP remains elevated compared to Bitcoin's, which means traders are still expecting some turbulence for the second-biggest crypto. Maybe they're worried about the SEC's decision on Ether ETFs? ๐Ÿค” Or maybe they just like living on the edge. ๐Ÿ”ฅ

Either way, it looks like the crypto market might be entering a period of relative calm. So sit back, relax, and enjoy the ride... or at least try not to spill your tendies everywhere. ๐Ÿ— The volatility party might be winding down, but who knows what the future holds? ๐Ÿ”ฎ

Stellar (XLM) Readies for Game-Changing Upgrade: Hereโ€™s the lowdown.

Oh, look who decided to join the big kids' table! ๐Ÿ˜ The Stellar network is gearing up for a "game-changing" upgrade that might just redefine its entire ecosystem. Brace yourselves, folks, because Protocol 21 is coming to town!

After successfully launching Soroban, their fancy smart contracts platform ๐Ÿ’ป, the Stellar crew is feeling pretty good about themselves. So good, in fact, that they've decided to double down and go for another protocol vote on June 18th. ๐Ÿ“† You know what they say, go big or GTFO!

Now, what exactly does Protocol 21 entail, you ask? ๐Ÿค” Well, strap in, because it's a wild ride! We're talking passkey signing support, state archive upgrades, and cost savings for smart contract transactions. Ooh yeah! ๐Ÿ’ธ But wait, there's more! One of the juicy additions is CAP-0051, which enables secp256r1 verification of Stellar's smart contracts. ๐Ÿ” Because who doesn't love a good secp256r1 verification, am I right? ๐Ÿค“

All in all, it seems like the Stellar folks are pulling out all the stops to stay relevant in the ever-evolving crypto world. ๐Ÿ’ซ Whether this "game-changing" upgrade will actually redefine their ecosystem or just end up being a fancy way to say "we added some cool new features," only time will tell. ๐Ÿ•ฐ๏ธ But hey, at least they're keeping things interesting! ๐ŸŽข

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Thatโ€™s it for this week. Please share this newsletter with your friends to help us grow, send them this link: https://ghostfi.beehiiv.com/

DP

*DISCLAIMER: None of this is financial advice. This newsletter is strictly for educational and entertainment purposes; it is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your research.

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