dYdX price in EUR and DYDX-EUR price history chart

Rebalanced portfolio ✅

Did some micro trades over the night and sold $ATOM position again ✅

Plan for the short term future

Stay mostly in $BTC

Be exposed to interoperability oriented projects & DeFi ➡️ $RUNE $MKR $UNI $DOT $INJ $DYDX

Some minor exposure will be on privacy oriented projects ➡️ $XMR $ROSE

The $BTC position will remain untouched untill we see good entry point in our favourite Altcoin pair

NOTE: 🔥Yesterday Fidelity Investments is weighing a plan to allow individual investors to trade bitcoin on its brokerage platform 🔥

Source: https://www.wsj.com/articles/fidelity-weighs-bitcoin-trading-on-brokerage-platform-11663008698

Keep in mind that Fidelity is a brokerage firm that has over 34 million clients and has over 4,5 trillion $ Assets under management. Institutions are opening the doors for capital to flow into Crypto. The first asset to benefit from this will be ofcourse $BTC

Remember we posted the news few weeks ago Black Rock the biggest institutional asset manager has opened gates for trading BItcoin and now Fidelity investments.

Black Rock is #1 Asset manager in the world

Fidelity investments is #4 Asset manager in the world

Institutions and smart money loves these prices. While retail investors don't care about crypto anymore, hype is gone. Huge things are happening behind the scenes.

Our Tip: Don't be like most people like in the picture bellow 👇

JUST IN: Harmony Protocol $ONE has just announced it has successfully completed building a bridge between COSMOS and Harmony protocol on the local testnet.

Source: https://twitter.com/datachain_en/status/1559434938185056256?s=20&t=UuRjC4SMIXpeaSJrqs1PYw

What is $ONE ? Harmony protocol is trying to become an interoperable Layer 2 solution for Ethereum. Interesting that more and more blockchain projects are embracing $ATOM IBC protocol solution for interoperability standard.

First $DYDX, 2nd $SUSHI, now $ONE... simply said all roads lead to COSMOS 

Is a big migration from Ethereum happening in front of our eyes and are projects starting to migrate to Cosmos? Is appchain the future?Short answer: YES!

We've predicted this 1 year ago this will start happening and now adoption of $ATOM has never been bigger than today.

Why are projects embracing Cosmos interoperability solution? Short answer is because it is the only battle tested interoperability solution that was never frozen, hacked or had any issues. Every month billions of $ flow through IBC protocol on $ATOM.

DeFI & Global financial infrastructure lacks interoperability solutions. This is also a reason why CBDC's aren't developed yet.

Could an answer to this lie in $ATOM's IBC protocol solution? Maybe 

Bellow I have attached a picture that summarises how many funds were lost due to bad interoperability practices aka bad bridges. As you can see more than 1,3B$ were lost in bridge hacks just this year (2022).

All roads lead to INTERNET OF BLOCKCHAINS $ATOM 

JUST IN: Harmony Protocol $ONE has just announced it has successfully completed building a bridge between COSMOS and Harmony protocol on the local testnet.

Source: https://twitter.com/datachain_en/status/1559434938185056256?s=20&t=UuRjC4SMIXpeaSJrqs1PYw

What is $ONE? Harmony protocol is trying to become an interoperable Layer 2 solution for Ethereum. Interesting that more and more blockchain projects are embracing $ATOM IBC protocol solution for interoperability standard.

First $DYDX, 2nd $SUSHI, now $ONE... simply said all roads lead to COSMOS 

Is a big migration from Ethereum happening in front of our eyes and are projects starting to migrate to Cosmos? Is appchain the future?

Short answer: YES!

We've predicted this 1 year ago this will start happening and now adoption of $ATOM has never been bigger than today.

Why are projects embracing Cosmos interoperability solution? Short answer is because it is the only battle tested interoperability solution that was never frozen, hacked or had any issues. Every month billions of $ flow through IBC protocol on $ATOM.

DeFI & Global financial infrastructure lacks interoperability solutions. This is also a reason why CBDC's aren't developed yet.

Could an answer to this lie in $ATOM's IBC protocol solution? Maybe 

Bellow I have attached a picture that summarises how many funds were lost due to bad interoperability practices aka bad bridges. As you can see more than 1,3B$ were lost in bridge hacks just this year (2022).

All roads lead to INTERNET OF BLOCKCHAINS $ATOM 

BREAKING: Report urges central banks to work together on digital currency interoperability 

"The Bank for International Settlements, International Monetary Fund and World Bank say CBDCs should be programmed in advance to avoid interoperability issues."

This is the narrative Cosmos ($ATOM ) has been building out since 2014. Cosmos interoperability is the only battle tested interoperability solution out there that's scalable & decentralised and works out with private appchains or decentralised ones.

Source: https://cointelegraph.com/news/report-urges-central-banks-to-work-together-on-digital-currency-interoperability

Cosmos multichain vision is finaly comming to fruition. Like i've said several times the road will be volatile but the best tech will win in the end. 

I still believe that Cosmos has the most underrated tech in entire crypto. Innovative leading projects on Ethereum have announced in past 2 weeks to start building sovereign appchains on top of Cosmos ($DYDX & $SUSHI )

If you will go deep into the rabbit hole and check our old posts you'll be able to find that ECB has posted in the past a research document for designing it's CBDC solution. Even in that document interoperability was pointed out and Cosmos and Polkadot were one of mentioned solutions.

Source:

https://www.ecb.europa.eu/pub/pdf/other/ecb.20210412_useofdltposttradeprocesses~958e3af1c8.en.pdf

Fun fact is there's no other battle tested interoperability solution in crypto that is scalable the way $ATOM is. Cosmos team has been working in the past on pilot programe "Cosmos cash" a CBDC solution based on Cosmos tech. Market has long forgoten this.

The bear market hasn't changed fundamentals.

The biggest update for $ATOM is happening in less than 3 months and was beeing developed for years. 

We believe Interchain Security will be a game changer upgrade, massively increasing $ATOM utility and this should also lead to price increase.

Good tech/product/service will always get adopted. It can just take a little bit longer than anticipated and the road can be quite bumpy.

BREAKING: Report urges central banks to work together on digital currency interoperability 

"The Bank for International Settlements, International Monetary Fund and World Bank say CBDCs should be programmed in advance to avoid interoperability issues."

This is the narrative Cosmos ($ATOM ) has been building out since 2014. Cosmos interoperability is the only battle tested interoperability solution out there that's scalable & decentralised and works out with private appchains or decentralised ones.

Source: https://cointelegraph.com/news/report-urges-central-banks-to-work-together-on-digital-currency-interoperability

Cosmos multichain vision is finaly comming to fruition. Like i've said several times the road will be volatile but the best tech will win in the end.

I still believe that Cosmos has the most underrated tech in entire crypto. Innovative leading projects on Ethereum have announced in past 2 weeks to start building sovereign appchains on top of Cosmos ($DYDX & $SUSHI )

If you will go deep into the rabbit hole and check our old posts you'll be able to find that ECB has posted in the past a research document for designing it's CBDC solution. Even in that document interoperability was pointed out and Cosmos and Polkadot were one of mentioned solutions.

Source: https://www.ecb.europa.eu/pub/pdf/other/ecb.20210412_useofdltposttradeprocesses~958e3af1c8.en.pdf

Fun fact is there's no other battle tested interoperability solution in crypto that is scalable the way $ATOM is. Cosmos team has been working in the past on pilot programe "Cosmos cash" a CBDC solution based on Cosmos tech. Market has long forgoten this.

The bear market hasn't changed fundamentals.

The biggest update for $ATOM is happening in less than 3 months and was beeing developed for years.

We believe Interchain Security will be a game changer upgrade, massively increasing $ATOM utility and this should also lead to price increase.

Good tech/product/service will always get adopted. It can just take a little bit longer than anticipated and the road can be quite bumpy.



Doing a minor rebalance back to target, taking some profit on $DYDX, adding $FET and $ZEC. Will remain long alts for next 3 weeks, at least, and reassess at that point.

$DYDX one of the biggest DeFi protocols on $ETH has decided the way forward is standalone blockchain aka so called appchain.

Their reasons   "we’re excited about the unique combination of decentralization, scalability, and customizability that Cosmos offers"

Source: https://dydx.exchange/blog/dydx-chain

Even though the bear market hit us hard we can see more and more projects slowly moving to the internet of blockchains $ATOM

There are rumors going on big part of $SOL projects might come over to $ATOM due to technical issues their ecosystem is experiancing.

What we've seen so far is this bear market exposed weaknesses. The bad protocols failed, the good ones are still functioining and adoption keeps on happening.

There's no doubt interoperability is the next big narrative and $ATOM is the leading network with the best tech. Last year there were just few chains built on top of Cosmos. Today we have over 48 connected chains to Cosmos Hub. I believe this trend will keep accelerating, snowball effect is comming.

$DYDX one of the biggest DeFi protocols on $ETH has decided the way forward is standalone blockchain aka so called appchain.

Their reasons  "we’re excited about the unique combination of decentralization, scalability, and customizability that Cosmos offers"

Source: https://dydx.exchange/blog/dydx-chain

Even though the bear market hit us hard we can see more and more projects slowly moving to the internet of blockchains $ATOM

There are rumors going on big part of $SOL projects might come over to $ATOM due to technical issues their ecosystem is experiancing.

What we've seen so far is this bear market exposed weaknesses. The bad protocols failed, the good ones are still functioining and adoption keeps on happening.

There's no doubt interoperability is the next big narrative and $ATOM is the leading network with the best tech. Last year there were just few chains built on top of Cosmos. Today we have over 48 connected chains to Cosmos Hub. I believe this trend will keep accelerating, snowball effect is comming.

Going back in, correction will soon be over.

Also moving 5% from $ETH into $DYDX, nice promising little project

Changed the portfolio to the strongest juiciest looking ALTS at this moment of time; $MKR, $LUNA, $SNX, $ATOM, $KNC and $DYDX.