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Daily Brief

Berachain is Here

Citizen Brief: gm, Berachain is here, and we've got all the details you need to get started on the new L1.
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Feb 6, 20253 min read
Berachain is Here
Published on Feb 6, 2025
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Sponsor: Mantle — Mantle is building the largest sustainable hub for onchain finance.

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NEED TO KNOW
Trump Bitcoin ETF?
  1. 🧬 Trump's Media Group Moves to Launch Bitcoin ETF. It's been a busy first month for Trump as both crypto regulator and crypto businessman.
  2. 👀 Ethereum's Pectra Upgrade Set for Testnet Trials. We're inching closer to mainnet launch of Ethereum's next big upgrade.
  3. 🎙️ Trump Faces Ethics Complaint Over Memecoin. Donald Trump's eyebrow-raising entry into the memecoin game continues to trigger watchdog fears.
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Daily Market Snapshot: Trump Media Group's BTC ETF application triggered more conflict of interest concerns from his critics, but for $TRUMP (-34% 7d) and $MELANIA (-31% 7d) memecoin holders, a rising question is whether the president's numerous crypto efforts are poised to dilute each other as he gains more exposure to the industry.
Prices as of 6pm ET 24hr 7d
Crypto $3.13T ↘ 1.1% ↘ 11.1%
BTC $96,706 ↘ 0.2% ↘ 8.0%
ETH $2,699 ↘ 2.4% ↘ 17.3%
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DEEP DIVE
Citizen-Only: Berachain Mainnet
Bankless Analyst: Jack Inabinet

BM, henlo, and furthermore, ooga booga.

Bong Bears, a collection of 100 cannabis-themed bear NFTs, were deployed to Ethereum 41 months ago, and since then, the project’s associated Berachain has become one of crypto’s most hotly anticipated alt-L1 launches! The chain raised $42M from top venture capital firms in 2023, and followed it up with another $100M round just last April.

At long last, Berachain has finally arrived, so today, we’re giving you a first look at the live network and unpacking everything you need to know about the BERA opportunity. 👇

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CHEAT SHEET
Bera Necessities

Every Thursday, Citizens get access to the top Market Plays, Hot Reads, Farming Opps, and Airdrop Hunts that our analyst team is tracking! Don't miss out! 👇


FRIEND & SPONSOR: MANTLE

Experience the next generation of onchain finance with Mantle—where blockchain meets everyday banking. Powered by a $4B treasury, Mantle Network and mETH Protocol, Mantle is launching three innovation pillars: Enhanced Index Fund for optimized crypto exposure, Mantle Banking for blockchain-powered banking, and MantleX for AI-driven innovation. Stay tuned and enter the future of onchain finance with Mantle.

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CITIZEN-ONLY TOKEN RATING
Low on Rocket Fuel?
Bankless Analyst: Kazu Umemoto

Every weekday, our analyst team gives a bullish or bearish rating on a new token. Get access to the Token Hub by becoming a Citizen! 👇

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.