0
0
Daily Brief

GameStop's Bitcoin Gamble (Copy)

Citizen Brief: gm, despite the market's uncertain footing, there is no shortage of crypto opps out there for savvy traders.
0
0
Mar 27, 2025 • 3 min read
GameStop's Bitcoin Gamble
Published on Mar 27, 2025
View in Browser

Sponsor: Uniswap Labs — Unichain is live! Bridge & swap with Uniswap Labs' web app or wallet.

Swap Today
.  .  .
NEED TO KNOW
GME + BTC
  1. 🎮 GameStop Announces Plans to Raise $1.3B to Buy Bitcoin. The original memestock is following the Michael Saylor playbook now.
  2. 🙅‍♂️ House Majority Whip Tom Emmer Slams Wyoming Stablecoin Effort. The prominent Republican said Wyoming's newly announced effort closely resembled a central bank digital currency.
  3. 🚔 SBF Moved to Oklahoma Following Rogue Tucker Carlson Interview. The FTX founder was moved from Brooklyn to an Oklahoma 'transit center' where he will await a prison reassignment to serve the remainder of his sentence.
📸
Daily Market Snapshot: Crypto prices largely held steady Thursday, but a few outliers continue to post major gains, including Berachain's BERA token which climbed 12.5% on the day and is up 44% this week. Other DeFi winners include CRV (up 35% week-over-week) and RAY (up 23% week-over-week).
Prices as of 6pm ET 24hr 7d
Crypto $2.85T ↘ 0.1% ↗ 3.3%
BTC $87,518 ↗ 0.4% ↗ 3.8%
ETH $2,016 ↗ 0.3% ↗ 2.1%
.  .  .
CHEAT SHEET
Rainbow Rewards

Every Thursday, Citizens get access to the top Market Plays, Hot Reads, Farming Opps, and Airdrop Hunts that our analyst team is tracking! Don't miss out! 👇

Become a Citizen
.  .  .
PLAY OF THE WEEK
Wildcat's Risky Lending
Bankless Analyst: Jack Inabinet

Onchain yields have slumped in recent weeks, but for degens willing to partake in crypto’s riskiest form of lending, excess returns can still be earned!

Enter Wildcat, where uncollateralized lending meets blockchain and market makers borrow crypto on a promise. Think of this protocol like a crypto-native credit card for institutions, except the card is your wallet, and if the borrower defaults, you’re the one left holding the bag.

Wildcat does not assess credit risk, it does not guarantee repayment, and it is not regulated by any financial authority. What it does offer is frictionless access to above-market yields for anyone with a crypto wallet and the willingness to lend on trust alone.

Today, we’re exploring uncollateralized crypto lending through Wildcat! 👇

Unlock the Alpha
FRIEND & SPONSOR: UNISWAP

Unlock the power of Unichain – a fast, decentralized Ethereum Layer 2 network built to be the home for DeFi and cross-chain liquidity. To bridge tokens to Unichain and start swapping today, get started with Uniswap Labs’ web app or mobile wallet.

Swap Today
.  .  .
CITIZEN-ONLY TOKEN RATING
End of the HYPE Train?
Bankless Analyst: Jack Inabinet

Every week, our analyst team gives bullish or bearish ratings on new tokens. Get access to our HYPE rating in the Token Hub by becoming a Citizen! 👇

Get Access to Token Ratings

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.

Published in Bankless

There’s a revolution in the world of money. Ethereum, Bitcoin, crypto, open finance, DeFi—a bankless revolution. And you want part of it.