✍️ Hercules Weekly Digest - 22

Gm Gm Gm!

Once again, we bring you all the latest major happenings in #Crypto, #DeFi, & on #$Metis over the past week!

Here are all the headlines! 👇

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💹 Global News Related to BTC/ETH:

🟠 #Bitcoin price up 2% this week from last week’s close. #$ETH down 3.5% from last week’s close.

🟠 #Bitcoin ETF had a net positive flow of $2.17 Billion this past week.

🟠 #Ethereum ETF had a net positive flow of $855 Million this past week.

🟠 Russian State Duma Deputy, Anton Tkachev, proposes creation of a Bitcoin strategic reserve in Russia.

🟠 $935 Million was liquidated from the crypto market due to the sharp market crash on the 9th.

🟠 Microsoft $MSFT shareholders vote against Bitcoin investment proposal.

🟠 Texas State Rep. Giovanni Capriglione officially files bill to establish a Strategic Bitcoin Reserve for the state.

🟠 US Bitcoin investor sentenced to two years in prison for evading taxes on $4 million gains, marking the first crypto tax evasion case.

🟠 Michael Saylor's #Microstrategy now owns over 2% of the entire Bitcoin supply.

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📰 News About L2s:

🟠 #FUEL Network TVL increased the most over the past 7 days w/ an increase of 20% amongst the top 20 L2s. #SCROLL TVL suffered the most, -23%.

🟠 #Fuel L2 announces launch of native token - IDO style.

🟠 #zksync drops 2025 roadmap for the Elastic Network.

🟠 #Taiko kickstarts Trailblazers Season 3.

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🌐 $Metis Ecosystem:

Top Highlights:

🟠 #$Metis decentralized sequencers getting a boost with the new $Metis Decentralized Sequencer Reboot campaign.

🟠 First AI agent, @MemAIOfficial, went live on #$Metis

🟠 Over 21k $Metis staked in the @moba_aof Pledging event

🟠 Hercules DEX (us) teases for a new feature for liquidity provision.

🟠 @Gm2Social partners with @ArtemisFinance to bring #$Metis LST to mobile. Testnet Bounty is Live Now!

🟠 @Medusa_metis links up with @CoinMarketCap to giveaway $100k in new airdrop campaign.

🟠 #Tethys announces to shut down on Jan 1st, 2025, raising community concerns on possible scam.

🟠 #$Metis on-chain metrics records ~70,000 transactions per day since November, with spikes reaching over 100,000 transactions! - data from @routescan_io

🟠 @Pumpe_meme unlocks full website and new ‘Grow your Tribe’ campaign.

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🗳️ Ecosystem Spaces / Governance:

💭 $Metis x Artemis x GM2 - $Metis LSTs Go Mobile! w/ @Gm2Social, @lanphamduy, & @MetisL2
👉 https://t.co/qrWTqI4pDy

💭 Memecoin Season on $Metis w @Medusa_metis & @DefiSociety
👉 https://t.co/PtTi07WjS4

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👬 Hercules TOP Pool of the Week:

V3: WMETIS - m.USDC

Having a 7-Day volume of $11.4M
🌱 APR - 355%

V2: WMETIS - MEMAI

Having a 7-Day volume of $82k
🌱 APR - 79%

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Special Pool of the Week!

artMETIS - wMETIS v3
APR: 21%

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📖 Article of the week:

$Metis L2 — Why TORCH is About To Go Nuclear 👉 https://t.co/8gKk2NWmXo
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And that’s all the major highlights for this week! Do well to follow and keep a tab as we build $Metis biggest DEX and bring you all the major cryptocurrency news weekly.

Happy weekend! 🌿