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Daily Brief

Citadel Enters the Chat

gm Bankless Nation, TradFi billionaire Ken Griffin is set to bring his high-powered Citadel Securities into the world of crypto services.
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Feb 24, 20252 min read
Citadel Enters the Chat
Published on Feb 24, 2025
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Sponsor: Uniswap Labs — Unichain is live! Bridge & swap with Uniswap Labs' web app or wallet.

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NEED TO KNOW
Citadel Enters the Chat
  1. 🤴 Top Market Maker Citadel to Enter Crypto. The firm will boost liquidity on major exchanges, establishing overseas teams amid a friendlier regulatory outlook under Trump, Bloomberg reports.
  2. 🟧 Strategy Buys Another $2B in BTC. Saylor makes one of his biggest BTC purchases yet.
  3. 🪶 SEC Closing Investigation into Robinhood's Crypto Platform. The SEC is ending its investigations into a host of crypto companies.
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Daily Market Snapshot: Crypto prices plunged Monday, with ETH getting sent below $2,500 in a particularly brutal hit buttressed by continued ETF outflows. Even Strategy's multi-billion-dollar buys couldn't keep BTC from falling toward $91K for the first time this year.
Prices as of 6pm ET 24hr 7d
Crypto $2.99T ↘ 5.9% ↘ 6.3%
BTC $91,889 ↘ 4.3% ↘ 4.1%
ETH $2,515 ↘ 10.9% ↘ 8.4%
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ANALYSIS
How to Buy Gold Onchain
Bankless Author: Kazu Umemoto

Gold is on a tear, up 15% in just 6 months, outpacing the S&P 500. With rising concerns over inflation, investors are turning to gold as a hedge. But what if you could own gold without the hassle of physical storage?

Today, let's rundown how you can buy gold onchain.

Bankless readers are well aware of the benefits of self-custodying their crypto, but when it comes to self-custodying physical gold, it can be easy to overlook the benefits of buying gold onchain. There are some big advantages!

See three reasons to buy gold onchain and three projects that can help you do so 👇


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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.