Investing Opps to Be Thankful for ($)
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gm Bankless Nation,
Happy Holidays! We're taking some time off for Thanksgiving starting tomorrow; we'll be back with the alpha on Saturday! 🦃
Today's issue ⬇️
- ☀️ Need to Know: Prison for CZ?
Binance's deal isn't all rainbows for CZ. - 📊 Today in Markets: Next for BNB?
BNB down after the DOJ action. - 🗞️ Investing: 5 Degen Investing Opps
Citizen-only tips to share at the dinner table. - 🗣️ Opinion: Trying to Kill Crypto?
RSA on why the DOJ can't kill crypto. - 📚 Level Up: What We're Reading
The reads we loved this week.
p.s. Thanks to NEAR: NEAR DA is enhancing data availability for Ethereum rollups at a fraction of the cost.
Sponsor: Asymetrix
Empower your stETH with Asymetrix V2's enhanced core features!
👮♂️ CZ facing prison. As part of the DOJ deal, CZ copped to money laundering charges with as much as 18 months in prison on the table.💥 Justin Sun hacked again. Sun's HTX exchange was hacked for $100 million, he confirmed. HTX will cover the losses.📈 Altman is back. After a bizarre days-long debacle Sam Altman is back as CEO of OpenAI. Worldcoin's WLD was up 8% on the news.
📈 BNB Future in Doubt: As the Binance ruling sinks in, BNB has been sliding in the past 24 hours. With CZ facing prison and Binance stuck with regulator babysitters, BNB's future of open road might be running into traffic. Will investors stick around?
| Prices as of 4pm ET | 24hr | 7d |
|
Crypto $1.43T | ↗ 2.3% | 0.0% |
|
BTC $37,635 | ↗ 2.4% | ↘ -0.2% |
|
ETH $2,076 | ↗ 4.6% | ↗ 1.3% |
This Thanksgiving, think about how lucky you are to be early to crypto and potentially staring down another bull market. In today's report, we isolate 5 investing opps that look ripe for bountiful returns.
Get all of the alpha on our website 👇
Explore Asymetrix V2 – A decentralized protocol that maximizes your stETH earnings through asymmetric yield distribution from staking. With V2, you can get up to a 4x BOOST in rewards of the protocol’s initial token distribution, 4x BOOST odds in weekly draws, and the opportunity to join Mini-Pools.
The US Government played its hand against Binance, but this isn't the end for over-aggressive regulation in America. Regulators won't win, though.
Read RSA's full take on the Binance ruling 👇
📈 The Ethereum Investment Framework - Token Terminal
🤑 Dollar Alts, Distribution, and Mass Adoption - Dovey Wan
🕛 Horrific Inefficiencies of Monolithic 'chains - polynya
💜 MEV on Solana - 0xShitTrader, 0xEdgar
🙅 I Don’t Like Radiant Capital - Foxi.eth
🤿 Diving into DePin - DWFVentures
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.