Bitcoin's ETF Hangover
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- 🗿 Larry Fink wants ETH ETF. BlackRock's Larry Fink seems to get what he wants, and he wants the SEC to approve ETH's spot ETF debut.
- 🔪 Halving is on the way. The next bitcoin halving is predicted to be just 100 days away; how will the market respond?
- 😔 NEAR layoffs. The NEAR Foundation, the startup behind the L1 blockchain, announced plans to lay off 40% of staff across biz dev and marketing.
📊 Enter Ether. Notorious countertrade indicator Jim Cramer may have tweeted that BTC's top is in, but the statements have done little to bolster price, with BTC down 9% on the day. Cramer has spoken, so why aren’t we pumping?
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $1.67T | ↘ 5.8% | ↗ 0.6% |
|
BTC $42,062 | ↘ 9.0% | ↘ 4.2% |
|
ETH $2,479 | ↘ 5.0% | ↗ 10.4% |
Stacks is a Layer 1 (L1) blockchain compatible with the Ethereum Virtual Machine (EVM) that acts as a scaling solution by extending smart contract capabilities atop Bitcoin. For this reason, Stacks is commonly referred to as a Bitcoin Layer 2 (L2).
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Phew, what a week! With David off climbing mountains, Ryan is joined by Anthony Sassano to discuss ETF week and all of the chaos and ecstasy that it involved.
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