Gold vs. Bitcoin ($)
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- 💪 Macro Investors Have Mixed Feelings on Latest Job Numbers. Wall Street is feeling skittish about new job numbers despite a drop in unemployment rate.
📸 Daily Market Snapshot: ETH struck a new low for 2024 on Friday as the asset dove 7% in a reaction to investor concern around new U.S. job numbers. BTC losses took the asset to the $53K range, down 9% on the week.
| Prices as of 4pm ET | 24hr | 7d |
|
Crypto $1.90T | ↘ 3.9% | ↘ 8.2% |
|
BTC $53,433 | ↘ 4.7% | ↘ 9.2% |
|
ETH $2,205 | ↘ 6.9% | ↘ 12.0% |
|
VISTA $24.04 | ↗ 15.3% | ↘ 16.6% |
Why does Gold reign supreme? Peter Schiff is a financial commentator and economist who is relentlessly bullish on gold and a famous skeptic of bitcoin and cryptocurrencies.
He covers a ton of ground in this podcast, from what money really is, why gold can't be disrupted as the ultimate store of value, why we should abolish the Federal Reserve, and principles to grow your wealth.
Hear all of the analysis! 👇
DeFi's most venerable protocol, MakerDAO, recently got a new name and a number of major changes that have been the talk of Crypto Twitter. We've updated our free Bankless Guide to the protocol with details on the new functionality, tokens, and ambitions.
Let’s dive in! 👇
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.
🧑🌾 Farming Alpha: WBTC yields remain elevated as holders continue to assess the implications of Justin Sun’s proposed acquisition, yet returns for alternative assets compressed this week as BTC rejected $60k. Pendle fixed yields are stacking up favorably against variable rate opportunities, meanwhile, token rewards were tragically slashed on Kamino’s PYUSD-USDC pool this week.
Top Opps:
- 🟠 BTC: 14% APY with Fraxlend’s WBTC pool on Ethereum
- 🔵 ETH: 12% APY with Pendle’s uniETH PT on Ethereum
- 🔵 ETH: 11% APY with Pendle’s mETH PT on Mantle
- 🔵 ETH: 10% APR with Hop’s ETH pool on Arbitrum
- 🟢 USD: 15% APY with Pendle’s sUSDe (Karak) PT on Ethereum
- 🟢 USD: 13% APY with Aerodrome’s DOLA-USDbC pool on Base
- 🟢 USD: 11% APY with Pendle’s USDe PT on Mantle
- 🟢 USD: 11% APY with Kamino’s PYUSD-USDC pool on Solana
- 🟢 USD: 9% APR with Hop’s DAI pool on Arbitrum
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.
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