Double Down on ETH ($)
View in Browser
Sponsor: Kraken — Sign up for an account and see what crypto can be.
- 👔 Gensler & Biden Speak Out Against FIT21 Act. As FIT21 amasses support, Biden and Gensler voice their opposition.
Read more on Bankless.com - 🦊 MetaMask Reportedly Adding Native Bitcoin Support. The rollout could come as soon as next month.
Read more on Bankless.com - 📝 ETH ETF Issuers Drop Staking. ETF issuers won't be staking their ETH, according to new filings.
Read more on Bankless.com
📊 New Best? Laser-eyed Bitcoiners have long maintained that their chosen asset is the only cryptocurrency that institutions will be willing to purchase. With spot ETH ETFs on the horizon, will TradFi soon find a superior alternative?
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $2.58T | ↘ 0.4% | ↗ 8.4% |
|
BTC $69,388 | ↘ 0.4% | ↗ 5.2% |
|
ETH $3,749 | ↗ 0.1% | ↗ 24.0% |
With ETH climbing more than 25% in the past week, it’s clear traders are looking to up their exposure to the asset, but investors are also bidding up assets across the EVM ecosystem that they see as beta plays on potential ETF approval.
Today, we’re taking a look at some of the plays already catching fire, and the tokens and ecosystems that could be poised to take off at any moment. 👀
Check out the assets we're watching👇
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.
Are onchain contests the next way that crypto communities will bond?
JokeRace is a platform where you create contests for communities to run, grow and monetize. We had the project's co-founder David Phelps on to teach us all about JokeRace and how you can get involved.
Get the full lowdown 👇
- 🍐 Trading in Pear Protocol’s public beta
- 🚀 Stacking Blast Gold + Thruster Credits in the bWOOL/ETH pool
- 🔢 Earning governance points on Infinex
- ⛓️ Trying the new ARENA crosschain exchange
- 🎴 Joining Fantasy.top’s Capped 15 competition
- 🌐 Preparing to restake SOL in Solayer Epoch 0
- 🏅 Depositing USDB on Wasabi for Blast Gold and points
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.