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Daily Brief

Launch Your Own AI Agent

gm Bankless Nation, Crypto's AI economy is evolving as speculators chase AI memecoin gains. Today, let's dig into an AI agent launcher built on Base.
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Oct 28, 20243 min read
Launch Your Own AI Agent
Published on Oct 28, 2024
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NEED TO KNOW
Betting on the Election
  1. 🇺🇸 Robinhood Enters Betting Arena with Presidential Election Wagers. Robinhood is giving its retail traders a new avenue for betting on Trump vs. Kamala.
  2. 🗳️ Bitcoin ETFs Gain $1B Amid Election Excitement. Bitcoin ETFs are booming, and big institutions like Emory University are diving in.
  3. ♾️ Infinex Banks $67.7M from Patron NFT Sale. Notable investors include Peter Thiel, Vitalik Buterin, and Jesse Pollak.
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GO BANKLESS
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MARKET VIBES
Election Dominance

📸 Daily Market Snapshot: Bitcoin dominance, which charts the market cap of BTC relative to the market cap of the entire crypto market, is continuing its years-long surge, nearing 60% for the first time since early 2021. The upward swing accompanies stagnating ETH prices.

Prices as of 5pm ET 24hr 7d
Crypto $2.35T ↗ 2.1% ↗ 0.4%
BTC $69,620 ↗ 2.8% ↗ 2.6%
ETH $2,521 ↗ 1.1% ↘ 5.8%
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TACTIC
Build Your Own AI Agent
Bankless Author: William Peaster

Virtuals Protocol is a platform for launching AI agents on Base. The project recently deployed on the L2 and released their first flagship agent, Luna, who has already gained a significant social media following and livestreams her 'thoughts' online

The excitement around these new releases has put Virtuals top of mind for many Base adventurers – $LUNA and $VIRTUAL were the best performers among all AI coins over the past week. 

The interest in the AI memecoin sector is certainly palpable right now, but what’s actually going on under the hood with this protocol? 👇


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LATEST POD
Are L2s Extensions of Ethereum?

Bankless Nation, we’ve got the hottest debate in crypto right now: Are L2s extensions of Ethereum?

On one side, we’ve got Kyle Samani and Max Resnick proposing that the current Ethereum rollup-centric roadmap is off-track. On the other side, we’ve got David Hoffman and Jill Gunter defending L2s as successful extensions of Ethereum.

Hear all of the analysis! 👇

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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