Crypto Insights: BTC Resilience, DeFi returns, privacy and more airdrops!
Minterest's next launch on Mantle and Panther Protocols mainnet both near, don't miss this info.
Bitcoin and Ethereum continue to slowly recover post the Bitcoin-ETF launch. Airdrops continue to surprise people with more free capital, and certain altcoins are defying the sideways market. Let’s dive into this week in crypto, DeFi, privacy, and how to capitalize on the current airdrop frenzy!
Minterest's success continues into new trading pairs on Mantle
Minterest, the secure high-yield DeFi platform, has taken the next steps in launching new trading pairs on the way to its mainnet launch at the end of Q1.
I spoke with Kyn, the CEO of Minterest, about building an efficient DeFi platform that channels revenues back to the main users and tokenholders of the platform.
Since the launch of Minterest on the Mantle network, they have experienced significant growth. Currently, over $3M in assets on Mantle is on the supply side, earning yields in MNT and MINTY.
From their initial week-long campaign on Mantle, they achieved some impressive stats:
💰 $3M+ TVL
👤 7K+ unique on-chain users
👀 1M+ Impressions
📈 70-100%+ growth across socials on Discord, Telegram, and Twitter
Things are heating up leading to the launch of the MINTY token and the main Minterest launch.
Minterest has just announced a new pair for lending and borrowing with higher yields, earning APY in four different tokens simultaneously: mETH and mUSD. It's pretty easy to get mETH if you have wETH on the Mantle network and swap using one of the DEXs on Mantle.
I am doing my best to accumulate as many MNT and MINTY (unreleased) rewards before the mainnet launch and the release of the MINTY token. It's not often you can earn yield on supplying in DeFi for an unreleased token, so I am capitalizing on the opportunity. I recommend listening to our conversation to learn more about DeFi and how you can earn yields on Stablecoins, Ether, or other exotic crypto assets.
Watch my interview with Kyn, CEO of Minterest:
I know privacy will be a major narrative as more institutions and enterprises move deeper into the Web3 space. Once they understand the need to hold Ethereum and protocol-level tokens, they are going to want efficient DeFi and incorporate any privacy functionality they can to keep a leg up on their competitors.
Panther Protocol is a ZK privacy platform that I've been following for a few years, and it's on the cusp of launching their mainnet. Panther enables institutions to bridge in their crypto assets to a private environment and shield their assets into zAssets, utilizing zero-knowledge proofs.
Oliver Gale, the CEO of Panther, has been a major player in the crypto space since the inception of Bitcoin, helping Caribbean governments implement private CBDC measures and understand exactly what institutions and enterprises need to succeed, while still following all the rules and regulations.
Panther's native token, ZKP, is currently available on the market but not yet on major exchanges. As they approach their mainnet launch at the end of Q1, things could get very heated up! If you're interested in the privacy aspect of crypto, I highly recommend listening to our conversation and joining the Panther Party.
Lastly, I spoke with Seamus Rocca of Xapo Bank. Xapo offers financial services to Bitcoiners and has been one of the longest-running Bitcoin banks in the space since 2013. In our discussion, Seamus provides great insights into the Bitcoin run-up of 2023, the launch of Bitcoin ETFs, and his thoughts on what might happen next.
Xapo is continuing to expand its financial services by not only offering to store your Bitcoin at their custodial bank but also providing ways to capitalize on your Bitcoin with lending and other investment products like S&P 500 ETFs and commodities, all using Bitcoin.
As Bitcoin continues to grow, it could soon become the main currency for financial services, and most of what we see today may be denominated in Bitcoin. That prospect is exciting! I recommend listening to our conversation to learn more.
Other Crypto News:
Ripple XRP was hacked for $112M. It is believe to be the Co-Founders personal wallet as well, and is being drained through multiple exchanges.
FTX expects to repay its customers in full.
Argentina eliminates all taxes on Bitcoin transactions
Market Analysis:
Bitcoin continues to hover around $43,000 after bouncing back from the dip below $40,000. Although there is still a sell signal on Bitcoin on the 1D (According to EngineeringRobo), the 12H and lower timeframes now indicate a buy signal for Bitcoin. The asset has successfully recovered more than half of the price dip it experienced since the Bitcoin ETF launch.
I expect quite a bit more ranging of Bitcoin before any exponential moves, though I believe as we near closer to the Bitcoin halving event (approximately 2.5 months) we will be ramping up for another mini bull-run.
Several altcoins that catch my interest and demonstrate ongoing strength include Chainlink, Celestia, and Injective Network. Chainlink, in particular, has reached the upper limit of its trading range channel (around $18), and a breakout could lead to rapid upward movement in the near future.
Celestia and Injective are steadily gaining strength as the demand for staking and holding these assets long-term increases due to airdrop incentives and overall network growth. I would recommend considering staking both if you haven't already.
Airdrops:
Manta Network:
Mantle Network MJ Miles rewards are now available to claim if you did any transactions on mantle Network (This includes lending on Minterest DeFi app). Check if you qualified for the airdrop!
https://journey.mantle.xyz/en/rewards
If you didn't start your Mantle Journey yet, you can start here with 100 bonus MJ miles, as there will be further airdrop rounds in the future, and Mantle Network will only continue to grow: https://journey.mantle.xyz/?inviteCode=LOEQLO5R79
Starknet:
There's a new quest on Starknet.quest. Finish the quest for NFT and chance to win USDC!
This also means the snapshot has not been taken yet.
https://starknet.quest/quest/106
zkSync:
Claim these NFT's and check your progress of transactions on zkSync network. More zkSync NFT’s will be available to claim in February on this same page. If. you haven’t done enough transactions on zkSync to claim these yet, I suggest doing more transactions on the network! https://hypercomic.io/zk24/collect_hk.html
zkSync Airdrop update! IMPORTANT:
MAKE SURE you're in zksync Discord: We are introducing @Verified Level 1 and @Verified Level 2, for those interested in participating in the upcoming zkSuccess program (more details to come 😎)
How to get the role? Visit https://guild.xyz/zksync-era and get Verified Level 1 and 2.
Those who don’t have this likely won’t qualify for the zkSync airdrop.
Parcl Airdrop:
Did you miss the JUP airdrop? Some people made $10,000+! Solana airdrops have been some of the most successful campaigns of the last 6 months.
Parcl is one of the next top promising airdrop campaigns on SOL. Deposit a bit of funds and earn daily points leading up to the airdrop. The earlier you do it, the more points you get!
Two ways to earn Points :
Go to → https://app.parcl.co/lp
Provide LP in $USDC on Solana Network. +4 points per $1 per day. It’s the Safest option $USDC will stay locked for at least 30 days, So if you deposit $100 you get 400 points every day
2. Open a trade → https://app.parcl.co/collection/active-markets
Apply Code : cryptobonus
Dmail:
The Dmail airdrop part 1 just happened: here is some of the criteria that was used to qualify people using it.
I qualified for Part 1, but there is also another Part 2 of the airdrop happening in 3-4 months, for those that haven’t used Dmail or want to continue to use it more aggressively.
Join the Dmail Discord: Crucial to find out more and get ready for Airdrop part two in 3-4 months from now: https://mee6.xyz/en/i/3g5A4fT8y9
If you haven’t yet, create a Dmail account and Bind NFT email name here: https://mail.dmail.ai/setting/account/1924677
Dmail is the number one dApps I am using to easily do transactions on 5 different chains that have upcoming airdrops within 2 minutes (zkSync, Linea, Scroll, Base, opBNB, Manta, and Zeta Network), and overall the best blockchain email system I have seen so far. Please try it out!
If you’re looking for even more Airdrop alpha not in my newsletter, please join my Telegram for daily updates on how to capture the most value out of the Web3 ecosystem.
Thanks for reading!
-Ashton Addison, CEO of Crypto Coin Show