Crypto Bull Leading SEC?
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- 🇺🇸 Robinhood Exec is Reportedly Top Pick to Lead SEC under Trump. Robinhood Chief Legal Officer Dan Gallagher is a leading candidate to replace Gary Gensler if Trump wins, Politico reports.
- 🟠 Supreme Court Clears Path for $4.4B Silk Road Bitcoin Sale. The U.S. government is one step closer to selling billions in BTC holdings.
- 📧 $5.5M EIGEN Token Heist Caused by Email Breach. An early sale of EigenLayer's native token seemed to catch everyone off-guard.
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📸 Daily Market Snapshot: There are some new dog and cat coins working their way into the top 100 tokens by market cap this week as crypto investors get bullish on fast-rising memecoins, with NEIRO (up 43% today), MEW (up 26% today), and MOG (up 13% today) among the market's top climbers.
| Prices as of 6pm ET | 24hr | 7d |
|
Crypto $2.19T | ↗ 0.9% | ↘ 2.7% |
|
BTC $63,280 | ↗ 1.3% | ↘ 0.6% |
|
ETH $2,449 | ↗ 1.0% | ↘ 6.1% |
|
THL $0.517 | ↘ 3.1% | ↗ 19.3% |
Last month, Coinbase made waves by launching Coinbase Wrapped Bitcoin (cbBTC).
When Coinbase users send BTC to an Ethereum or Base address, it’s automatically wrapped into cbBTC at a 1:1 ratio. This approach lets people readily engage with DeFi apps in the Ethereum ecosystem using their Bitcoin holdings without selling them.
So let’s say you’re looking for some affordable opportunities with your newfound cbBTC—where should you begin? 👇
Kraken is one of the largest and most secure crypto platforms trusted by over 13 million people from around the world. Whatever trading strategies you’ve got in your playbook, Kraken gets you started with as little as $10.
Misinformation is an age-old problem that new tech is weaponizing, but now is not the time to sacrifice our values.
We sit down with Nico Perrino, a leading advocate for free speech and individual rights, currently serving at the Foundation for Individual Rights and Expression (FIRE). Nico shares his views on the increasing government control over digital speech, the role of social media, and how misinformation and disinformation are shaping our society.
Tune in to hear about the parallels between historical moments of technological change and today's digital challenges and why timeless principles of free speech remain more relevant than ever.
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.