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Daily Brief

AI Agents Are Crypto's Next Catalyst

gm Bankless Nation, ETH is back with a vengeance. Now, let's take a look at what could drive its future.
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Feb 15, 20243 min read
AI Agents Are Crypto's Next Catalyst
Published on Feb 15, 2024
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NEED TO KNOW
BTC Market Cap Hits $1T
  1. 💰 Bitcoin market cap above $1T. Bitcoin price action brought its market cap above $1 trillion with the price pushing towards nearly $53K on Thursday.
  2. 🤔 Gary disses BTC, Warren honors it? On CNBC, Gensler said BTC is "not that decentralized,' meanwhile, Bitcoin Mag says Elizabeth Warren signed a bill to honor Satoshi Nakamoto... What?
  3. 🦧 ApeCoin DAO preps for ApeChain. The Bored Apes are tapping Arbitrum tech to build out the long-plotted ApeChain.
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TODAY IN MARKETS
STRK Drop Frustration

📊 Starknet airdrop anger. Yesterday, anons on Crypto Twitter met Starknet’s airdrop announcement with fury! Novel qualifying criteria and aggressive insider token unlocks pissed off some Starknet users. Why are people so upset about the STRK drop?

Prices as of 4pm ET 24hr 7d
Crypto $1.95T ↗ 1.2% ↗ 13.4%
BTC $51,776 ↗ 0.4% ↗ 14.0%
ETH $2,831 ↗ 2.6% ↗ 16.7%
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ANALYSIS
AI Agents Are Crypto's Next Big Catalyst
Bankless Author: Arjun Chand

AI agents (you might know them as bots) are becoming increasingly active in DeFi. It’s getting to the point that many now believe AI agents could become a majority of the crypto user base in the coming years.

Today, we examine the growing presence of AI agents in DeFi, explore the various roles they’re already playing in the ecosystem, and identify key protocols that could fast-track their development.

Let’s dive in! 👇


FRIEND & SPONSOR: KRAKEN

Kraken is one of the largest and most secure crypto platforms in the world. They've been in the crypto game for over a decade, and now they're inviting us all on a journey to see what crypto can be.

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LATEST POD
The Pudgy Penguins Comeback

Today on the show, we're joined by Luca Netz, the new owner of Pudgy Penguins. 

Luca walks us through his story of how he got here and what's next for the popular NFT collection that's on the brink of flipping Bored Apes.

Listen to the full conversation 👇

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TAKE ACTION
What We're Doing

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GO BANKLESS
Earn Airdrops!

Many Bankless Citizens who completed the Jito quests in our Airdrop Hunter app just earned five-figure airdrop paydays!

It's airdrop season, and plenty of other protocols are preparing to reward early users. Get on their lists. Start hunting!

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.