Gold vs. Bitcoin
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- 🚫 CZ Banned for Life from Binance Operations. His plea deal terms prevent his return to company leadership, but his shareholder rights leave him powerful.
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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.
Each week, Citizens get a curated list of yield opportunities that the Bankless team is watching. As a free subscriber, you're missing out! 👇
Thousands of Bankless Citizens scored an average of $3,500 worth of tokens after Ether.fi's airdrop. Did you miss out again?
Ether.fi was in the Bankless Airdrop Hunter, and you could have gotten into the latest drop by following our quests! There are nearly 100 other crypto protocols in Airdrop Hunter waiting for you.
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.