Are You Afraid of the Pump? $
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- 🎂 Bitcoin turns 15. Satoshi shipped the bitcoin whitepaper on this day in 2008. BTC is celebrating the day well over $34K. Keep your birthday wishes to yourself, Gary.
- 👾 Celestia debuts. Modular blockchain Celestia went wide today along with its TIA token. 53% is going to insiders. Cosmos DEX Osmosis slowed to a crawl after a surge in claiming activity.
- 🆕 New Vitalik just dropped. Vitalik published "Different types of layer 2s" on his blog today breaking down a weave of L2 tradeoffs.
| Prices updated at 4:00 pm ET | 24HR |
|
Crypto Market Cap $1.28T | ↗ 0.4% |
|
Bitcoin $34,589 | ↗ 0.7% |
|
Ethereum $1,812 | ↗ 0.7% |
📈 Yields up. Japan’s Central Bank is taking drastic action with bond yields to rein in inflation. We're feeling comfy with our ultra sound bonds at 3.2% yield.
This crypto market action is feeling good, a little too good given the macro factors surrounding it...
Today, Jack digs into the challenging macro environment out there, pulling out which aspects of the latest crypto pump feel sustainable and which do not.
Read all of the free alpha on our website 👇
Kraken is one of the largest and most secure crypto platforms in the world. They've been in the crypto game for over a decade, and now they're inviting us all on a journey to see what crypto can be.
- 🔎 Tracking trades of our favorite DeBank wallets
- 📈 Optimizing yields on Gnosis with Beefy
- 💸 Trading MEME token on Aevo ahead of the Binance listing
- ✍️ Applying to Gitcoin Grants 19
- ✈️ Migrating assets from wallets w/ seeds stored on LastPass
- 🍬 Minting LUSD natively on Starknet with Nimbora
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.