Bitcoin's Bearish Plunge ($)
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Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.
- 👑 MicroStrategy keeps buying. With its recent purchase, MicroStrategy now holds 214,246 bitcoins, over 1% of BTC's 21 million token supply.
- 💰 BlackRock tokenized investment fund. Financial giant BlackRock is teaming up with Securitize to launch a tokenized private equity fund, according to regulatory filings.
- 🦍 Investors ape into SOL pre-sales. Solana memecoin fever is driving investors to dump funds into upstart efforts. Solana's founder wants investors to stop.
📊 Hope ahead? Bitcoin's slide is erasing weeks of gains. Meanwhile, the total crypto market cap faces its largest string of declines since spot BTC ETF approval proved to be a sell the news event. Will bulls come to the rescue, or is there more downside to come?
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $2.39T | ↘ 6.2% | ↘ 10.5% |
|
BTC $63,645 | ↘ 6.2% | ↘ 10.0% |
|
ETH $3,276 | ↘ 7.7% | ↘ 17.0% |
MakerDAO, the DeFi titan formed in 2014 and responsible for the stablecoin DAI, has spent much of the past year gearing up for an effort to simplify its vision and level up its ambitions.
The plan is called Endgame: a major effort that will likely take years to play out, with a lot of moving parts to keep track of.
Let's see what's on the Endgame menu👇
Mass adoption of token-governed technologies. With Mantle Network – an Ethereum rollup, Mantle Treasury, and a token holder governed roadmap for products and initiatives.
Are memecoins good for crypto?
Today, we have two special guests debating the merits and costs of crypto memecoins. Ledger from the UpOnly podcast thinks that memecoins are vehicles for financial nihilism that create room for bad actors and grifters. Stephen Cesaro, from the Alfalfa Podcast, thinks memecoins are something to appreciate and celebrate.
Who do you agree with? 👇