Bitcoin's Breakout ($)
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- 🔶 BTC's epic pump. Bitcoin's Monday price buildup nearly took BTC past $55k as traders doubled down on crypto bets.
- 🔺 MicroStrategy is busy. MSTR stock is surging, the company is buying even more bitcoin, and its Twitter account was hacked, leading to $440k in stolen funds.
- 🌪️ Tornado Cash facing exploit. Tornado Cash has had a challenging couple years, and things could get worse. The community has discovered that malicious code was added by a dev that could risk user deposits.
📊 Crypto stocks roar. Crypto prices spiked on the open of the US stock market, sending Bitcoin up 5.7% to set a new cycle high! The true winner is crypto equities; crypto exchange Coinbase (COIN) surged 16%, Michael Saylor’s MicroStrategy (MSTR) ripped 16%, and Bitcoin miner CleanSpark (CLSK) mooned 24%! Who is bidding our bags?
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $2.09T | ↗ 4.6% | ↗ 5.0% |
|
BTC $54,528 | ↗ 5.2% | ↗ 5.0% |
|
ETH $3,171 | ↗ 2.0% | ↗ 6.7% |
Yuga has had a rough year.
As the BAYC parent company deals with leadership changes amid a drastically slowed NFT market, community expectations for its still unreleased title, Otherside, are getting impossibly high.
How did it end up here? And how are smaller-scale multiplayer crypto titles capitalizing on the disconnect?
Dig the full opinion 👇
Mass adoption of token-governed technologies. With Mantle Network – an Ethereum rollup, Mantle Treasury, and a token holder governed roadmap for products and initiatives.
If you've been reading Bankless a lot lately, you've been seeing the acronym – DA. What’s Data Availability (DA), and what’s its business model?
In this episode, we welcomed Jon Charbonneau, a researcher-investor at DBA, and Neel Somani, the CEO of Eclipse. We unpack everything DA, from what it unlocks to its economics.
Bankless Citizens get Early Access to our Monday podcast 😎
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.
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