Weekly Pill — Volume 013
TL;DR
- ETH ↓5% to $3k and BTC ↓7% to $61.4k
- ETHBTC ↑3% at 0.049
- Get Paid to Borrow Bitcoin Round 2
- ETHBTC bull case and Bitcoin
ETH/BTC Market Snapshot
Chop continues as ETH and BTC retraced the gains from the previous week. ETH fell 5.5% to $3k and BTC dropped 7.7% to $61.4k. After a strong weekend boost to 0.052, ETHBTC is down today, ending the week up slightly at 0.049.
Get Paid to Borrow Bitcoin
In case you missed it, this month we are offering an extra 11 stETH as incentives for opening eBTC CDPs with ETH or WETH.
Find out more below👇
Dose of ETH
MastermindCam makes the case for being bullish $ETH and $ETHBTC after the strength we saw this past weekend.
Skew gives his take on levels of interest for $ETH and $ETHBTC from a trader’s perspective.
Dose of BTC
With this week’s dip it’s important to keep things in perspective.
This post from TraderMercury is a good reminder of that.
A great thread from AltcoinSherpa on how to assess $BTC support levels and reactions, drawing from past examples.
Security Spotlight
Security doesn’t stop at launch. Badger is running a post-launch bug bounty with Immunefi for up to $100k.
