ETH ETFs Launch Tomorrow ($)
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- 🚀 Spot ETH ETFs Get Final Approval to Launch. The first stateside spot ETH ETFs will launch tomorrow morning.
Read more on Bankless.com - 👋 As Joe Biden Ends Run, Crypto Reacts Onchain. Between Polymarket and political memecoins, crypto voted with their wallets on the latest seismic shift.
Read more on Bankless.com - 🦢 Swan Plans to End Mining Operations, Drops IPO Plans. Miners continue to face profitability challenges as the market consolidates post-Halving.
Read more on Bankless.com
📸 Daily Market Snapshot: Crypto finally got spot ETH ETF approval with launches coming tomorrow, but where is the ETH price rally? ETH is down on the announcement and flat on the week, though it fought hard through early July losses for its current $3,500 levels. BTC dominance is up to 1.8 points this week, and analysts see more gains coming ahead of Trump's appearance at Nashville's Bitcoin Conference this week.
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $2.46T | ↘0.1% | ↗5.5% |
|
BTC $67,730 | ↘0.1% | ↗6.6% |
|
ETH $3,479 | ↘1.6% | ↗0.9% |
|
MKR $2,722 | ↘4.0% | ↘5.1% |
Polymarket has continued to be the standout crypto app this cycle as it has captured the public's attention during a chaotic and contentious stateside presidential election.
The big idea? By leveraging your knowledge, you can profit from accurate predictions!
The platform is at all-time highs when it comes to new accounts, open interest, daily active traders, and monthly volume, and its biggest markets right now — Presidential Election Winner 2024 and Democratic Nominee 2024 — boast nearly $550 million in bets between them.
Let's walk through how to make your first bets on the platform 👇
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Banks sucking is the reason we started this bankless thing. Not that banks are all bad, but they take too much and give too little. They need to be disrupted.
We brought in author Mel Mattison to break down what’s wrong with the banks.
tl;dr? They’ve become too centralized, unbalanced, short-sighted, and corrupt. Power has tilted away from the people and into the hands of a central banking cabal. The relationship between sovereign governments and private banks has become an unholy alliance.
Hear all of their analysis! 👇