Crypto's Trump Bump? ($)
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Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.
- 🇩🇪 German Gov’s Bitcoin Selling Spree Revs Up. Sales of more than $900 million in BTC sent a shock to the markets.
Read more on Bankless.com - 🛡️ Ethereum Foundation and Immunefi Launch 'Attackathon.' The Ethereum Foundation sponsors a crowdsourced security audit competition.
Read more on Bankless.com - 💰 Crypto Flows Show Institutions are Still Buying. Despite market panic, crypto investment products saw $441M in inflows last week.
Read more on Bankless.com
📸 Daily Market Snapshot: A bearish holiday weekend for crypto markets capped off by $900M in BTC sales from the German government Monday left Crypto Twitter deep in panic. But Trump including a pledge to end the crypto crackdown as part of his official platform offered some hope.
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $2.08T | ↘0.8% | ↘10.7% |
|
BTC $56,234 | ↘1.6% | ↘11.0% |
|
ETH $2,987 | ↘0.4% | ↘13.8% |
|
ONDO $0.917 | ↘1.6% | ↘24.1% |
EigenLayer changed the game by introducing the restaking primitive to the Ethereum ecosystem, yet it was only a matter of time until challengers rose up and started trying to beat EigenLayer at its own game!
The big challenger making a big splash lately is Symbiotic, a new restaking protocol that aims to offer restakers more options beyond just ETH.
In this guide, we’ll walk you through the big ideas of Symbiotic and then show you how to get started with your first deposits 👇
Mantle kickstarts Season 1 of Methamorphosis. Building on the success of their Liquid Staking Token, mETH, Mantle LSP announces plans for a new Liquid Restaking Token, cmETH, along with a governance token, COOK. With Methamorphosis, participants can now farm Powder for future COOK tokens and position themselves early for upcoming cmETH release.
Is the U.S. going to be ok?
Mike Solana (no relation to the chain) is the editor-in-chief of Pirate Wires and the guy who broke the Trump Memecoin news. We brought him on the show today to try to make sense of the current state of politics in the face of the upcoming election and what it all means for crypto.
Expect to learn why tech has pivoted right, why Democrats are cracking down on crypto, why media in 2024 is fundamentally broken, and much more.
Citizens get Early Access to the Monday Podcast and Ryan & David's exclusive Debrief on the interview 👇