Daily Brief

All-Time Highs Incoming?

gm Bankless Nation, crypto market euphoria is in full swing as BTC's growth chart goes vertical.
Feb 27, 2024 โ€ข 3 min read
All-Time Highs Incoming?
Published on Feb 27, 2024
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Sponsor: Mantle โ€” Mass adoption of decentralized & token-governed technologies.

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BTC Buying Spree
  1. ๐Ÿ’ฐ Record day for ETFs. Yesterday, BTC ETFs broke all-time volumes, hitting $2.4B in one-day flows. You can expect big volumes today, too.
  2. ๐Ÿชด Magic Eden launches on Ethereum. The OpenSea competitor has Yuga in its corner and momentum on its side; can it become the creator NFT marketplace of choice?
  3. ๐Ÿถ Meme coins pop off. Amid a broader market surge, memecoins are showing particular strength with PEPE, BONK and WIF posting big 24hr gains.
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All-Time Highs Within Reach

๐Ÿ“Š Defying expectations. Bitcoin sits within a sneeze of all-time highs after printing another massive series of green candles on the open of US stock markets this morning! Can this rally continue to run?

Prices as of 3pm ET 24hr 7d
Crypto $2.16T โ†— 3.6% โ†— 9.1%
BTC $57,134 โ†— 4.8% โ†— 9.9%
ETH $3,246 โ†— 1.8% โ†— 9.0%
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Lens vs. Farcaster
Bankless Author: William M. Peaster

Lens just opened up signups for its social networking protocol.

Farcaster has definitely dominated headlines over the past month thanks to developer excitement around its Frame feature, but Lens is ready to take back some focus as it goes permissionless. Which platform should you take a bet on?

In today's article, we dive into how each protocol works, the features they offer, and their visions for the future.

Dig into the full analysis ๐Ÿ‘‡


Mass adoption of token-governed technologies. With Mantle Network โ€“ an Ethereum rollup, Mantle Treasury, and a token holder governed roadmap for products and initiatives.

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The Second Bitcoin Civil War

Bitcoin is facing a crisis over its future.

Nic Carter rejoins the podcast to discuss Bitcoinโ€™s second civil war. What's at stake? When did it begin? Where are the party lines drawn? How will it end?

David and Nic dig into all of these questions in the dramatic episode.

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What We're Doing

Each week, Citizens get a curated list of market opportunities that the Bankless team is watching. As a free subscriber, you're missing out! ๐Ÿ‘‡

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Earn Airdrops!

Many Bankless Citizens who completed the Jito quests in our Airdrop Hunter app just earned five-figure airdrop paydays!

It's airdrop season, and plenty of other protocols are preparing to reward early users. Get on their lists. Start hunting!

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.