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Citizen Daily Brief

Bitcoin Reigns Supreme ($)

gm Bankless Citizen, crypto prices are bouncing back to end out the week, but what's ahead for Bitcoin? Our analyst team has thoughts.
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Jul 26, 20243 min read
Bitcoin Reigns Supreme
Published on July 26, 2024
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NEED TO KNOW
Are Crypto ETFs Over?
  1. 📈 BlackRock Crypto Chief Doesn't Foresee 'Long List of Crypto ETFs' BTC and ETH listings eat up most of Wall Street's appetite for crypto.
    Read more on Bankless.com
  2. 👨‍⚖️ Elizabeth Warren's Senate AML Bill Loses GOP Co-Sponsor. Sen. Roger Marshall drops support for the Digital Asset Anti-Money Laundering Act of 2023 (DAAMLA).
    Read more on Bankless.com
  3. 💳 Ledger Unveils New Ledger Flex Hardware Wallet. Ledger debuts a mid-range $249 touchscreen hardware wallet.
    Read more on Bankless.com

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MARKET VIBES
Bitcoin Reigns Supreme

📸 Daily Market Snapshot: ETH saw a decent rebound Friday off of a brutal Thursday slog, but Bitcoin's continued upward trajectory is putting the asset's dominance in an increasingly comfortable position.

Prices as of 5pm ET 24hr 7d
Crypto $2.42T ↗3.2% ↘0.8%
BTC $67,865 ↗3.4% ↗1.2%
ETH $3,264 ↗3.0% ↘7.3%

🔶
New Token Rating: Bitcoin Dominance is surging to retest cycle highs at 57% and token price is just a stone’s throw from a breakout to new all-time highs! Can BTC finally obliterate multi-year resistance?
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LEARN
The Bankless Guide to Bitcoin

Bankless maintains dozens of guides covering the ins and outs of various crypto protocols. We just updated one of the big ones: The Bankless Guide to Bitcoin.

Check out the latest advances powering Bitcoin's enduring dominance, including its institutional embrace, renewed development scene, and burgeoning NFT market.

Check out the newly updated rundown👇


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INVEST
This Week's Yield Opps

🧑‍🌾 Farming Alpha: Yields are continuing to rally this week alongside surging crypto prices; even Pendle fixed rates rallied this week! Fraxlend BTC yields are up to 5%, meanwhile, Aerodrome, Curve, and Hop continue to provide healthy token-incentivized yields.

Top Opps:

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.

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