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Daily Brief

Bitcoin Bouncing Back?

gm Bankless Nation, BTC and ETH reversed their fortunes this week, with BTC coming out on top.
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Jan 26, 20243 min read
Bitcoin Bouncing Back?
Published on Jan 26, 2024
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Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.

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NEED TO KNOW
BlackRock ETF Hits $2B
  1. 💪 BlackRock BTC ETF to $2B. On the back of a BTC price rally, BlackRock's spot BTC ETF became the first to cross $2 billion in assets under management.
  2. ⛏️ OKX kills Mining Pool services. The exchange announced that it was shuttering the service, which had increasingly dealt with limited assets and limited customers.
  3. 😬 Extradition of HashFlare team members. Estonia approved extraditing two individuals connected to the HashFlare "cloud mining" Ponzi scheme to the US to face prosecution.
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TODAY IN MARKETS
Jupiter's Meme Coin Buzz

📊 WEN? Now! Jupiter’s airdrop isn’t happening until next week, but many Solana ecosystem participants already have tokens to claim! Are you eligible to claim WEN?

Prices as of 3pm ET 24hr 7d
Crypto $1.62T ↗ 4.0% ↘ 1.2%
BTC $42,000 ↗ 5.2% ↗ 0.6%
ETH $2,256 ↗ 1.8% ↘ 9.4%
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TACTIC
Get Started with Rabby Wallet
Bankless Author: William Peaster

With more than a few rising contenders across the crypto wallet landscape, one that's been catching a few eyeballs in the community is Rabby Wallet

Rabby is not just useful—it may also be fruitful. That’s because the project just unveiled a points system, and a fair assumption is that these points will factor into eligibility for a future airdrop. 

Get started with the wallet below 👇👇👇


FRIEND & SPONSOR: MANTLE

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

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WEEKLY ROLLUP
Bull Market Over?

Crypto markets were hit hard this week, but there are still plenty of things to get excited about. Restaking summer is in full swing as people look to maximize the EigenLayer opportunity. Listen along for more!

Get the week's full rundown👇

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INVEST
This Week's Yield Opps

Each week, Citizens get a curated list of yield opportunities that the Bankless team is watching. As a free subscriber you're missing out! 👇

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GO BANKLESS
Earn Airdrops!

Many Bankless Citizens who completed the Jito quests in our Airdrop Hunter app just earned $10k+ 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.