Bitcoin Settles New Territory ($)
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- 🟠 Bitcoin passes silver. BTC just surpassed silver to become the 8th-most valuable asset by market cap. Next up? Google parent company, Alphabet, with a market cap of $1.6 trillion.
- 💜 Solana hits ATH in daily added addresses. Solana is adding new users at a faster clip than ever as memecoin season sets in.
- 😮 MicroStrategy buys more BTC. Saylor is staying at it, announcing today the firm has bought 12,000 bitcoins in the past two weeks.
📊 BTC or Bust? Bitcoin's new all-time high this morning shows that the asset is ready to explore new heights after a week of timidly pushing up against its past achievements. Will it leave ETH in its dust?
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $2.71T | ↗ 3.4% | ↗ 8.8% |
|
BTC $72,109 | ↗ 3.9% | ↗ 7.1% |
|
ETH $4,034 | ↗ 3.3% | ↗ 12.7% |
Base continues to be a growing DeFi hot spot, and Astaria v1, which launched earlier this year, is a rising star on the network.
Astaria is a lending protocol that eliminates the need for oracles and introduces an intent-based, fixed-rate lending system with unlimited loan durations. This innovative setup has caught crypto's attention thanks to the dapp's simplicity and overall user experience.
Today, we dig into how Astaria works, how you can use it, and why people are excited 👇👇
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.
Justin Sun, the controversial founder of Tron, has finally entered the chat.
We press the combative billionaire on what he's building, why he's still here, and what comes next. Click in for his views on Bankless, Vitalik, and Ethereum.
Bankless Citizens get an exclusive Debrief conversation where Ryan and David unpack the episode 👇
Each week, Citizens get a curated list of market opportunities that the Bankless team is watching 👇
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- 🏴☠️ Creating a TreasureTag for Arbitrum Arcade: Week 1
- 🏝️ Competing for the Nifty Island Blooms leaderboard
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.