FTX Mayhem: One Year Later $
View in Browser
Sponsor: Kraken — Sign up for an account and see what crypto can be.
- 🇬🇧 UK pushes for Stablecoins. UK regulators are pushing forward proposals to bring stablecoins into the "real economy," wen USA?
- 🦧 Yuga taking on OpenSea? The BAYC maker is partnering with Magic Eden to build a marketplace that enforces royalties.
- 🌝 Simpsons skewer NFTs. The Simpsons turned Bart into an NFT this week, and it honestly feels like a bottom signal. See what NFT projects you can spot!
📊 Sayonara Shorts. South Korean financial authorities banned short-selling until next June. Korean tech index KOSDAQ posted its largest single-day gain in history, but the move begs the question: is crypto the only free marketplace?
| Prices as of 4pm ET | 24hr | 7d |
|
Crypto $1.33T | ↗ 0.6% | ↗ 4.7% |
|
BTC $34,986.85 | ↘ 0.1% | ↗ 1.6% |
|
ETH $1,893.08 | ↗ 0.4% | ↗ 4.9% |
One year ago, FTX collapsed. The industry lost plenty of money in the following days, but it also lost plenty of trust. 1 year later, what demons have we conquered, and where do we still have work to do?
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.
This is our first time ever covering a TradFi stock! However, Coinbase is a different beast… it's a behemoth.
Today, we’re bringing on two analysts–independent researcher Jay (0xJaypeg) and Delphi Digital analyst Michael Rinko.
Today’s episode is all about $COIN, the asset. Down from its ATH of $342/share in Nov. 2021 to $85 today—and with a current market cap of $17.8B— are you bullish $COIN? Why or why not?
🗣️ Want to hear all of Ryan and David's thoughts on their latest conversation about $COIN? Bankless Citizens get the extra scoop every week.
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.