OpenSea's Awful Year
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- 💰 Top banker would kill crypto. JPMorgan Chase CEO Jamie Dimon told Elizabeth Warren he would "close down" crypto if he were in the government.
- 🦁 Bitcoiners battle. Bitcoin enthusiasts continue to battle over Ordinals inscriptions clogging the network. A core dev wants to eradicate them.
- 🔵 Coinbase ships messaging payments. Users of Coinbase Wallet can now instantly send USDC via a shareable link, simplifying crypto payments for end users.
📊 New crypto utility. Crypto startup Helium Mobile unveiled an unlimited $20 per month phone plan yesterday. The Helium Network token (HNT), which incentivizes infrastructure providers, is up 40% in anticipation that this may be the network's mainstream moment.
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $1.60T | 0.0 | ↗ 12.7% |
|
BTC $43,909 | ↘ 1.1% | ↗ 16.2% |
|
ETH $2,255 | ↘ 1.3% | ↗ 11.1% |
OpenSea has had a tougher bear market than most, with ambitious competitors, frustrated creators, and depressed volumes all taking a toll on the kingpin. Can the marketplace reclaim its pole position?
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