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Citizen Daily Brief

OpenSea's Awful Year ($)

gm Bankless Citizens, while NFT investors hope for their moment, OpenSea aims to reclaim theirs.
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Dec 6, 2023 โ€ข 2 min read
OpenSea's Awful Year
Published on Dec 6, 2023
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NEED TO KNOW
Chase CEO Goes After Crypto
  1. ๐Ÿ’ฐ Top banker would kill crypto. JPMorgan Chase CEO Jamie Dimon told Elizabeth Warren he would "close down" crypto if he were in the government.
  2. ๐Ÿฆ Bitcoiners battle. Bitcoin enthusiasts continue to battle over Ordinals inscriptions clogging the network. A core dev wants to eradicate them.
  3. ๐Ÿ”ต Coinbase ships messaging payments. Users of Coinbase Wallet can now instantly send USDC via a shareable link, simplifying crypto payments for end users.
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TODAY IN MARKETS
Searching for Signal

๐Ÿ“Š New crypto utility. Crypto startup Helium Mobile unveiled an unlimited $20 per month phone plan yesterday. The Helium Network token (HNT), which incentivizes infrastructure providers, is up 40% in anticipation that this may be the network's mainstream moment.

Prices as of 5pm ET 24hr 7d
Crypto $1.60T 0.0 โ†— 12.7%
BTC $43,909 โ†˜ 1.1% โ†— 16.2%
ETH $2,255 โ†˜ 1.3% โ†— 11.1%
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ANALYSIS
Can OpenSea Bounce Back?
Bankless Author: William Peaster

OpenSea has had a tougher bear market than most, with ambitious competitors, frustrated creators, and depressed volumes all taking a toll on the kingpin. Can the marketplace reclaim its pole position?

Read our full free analysis on our website ๐Ÿ‘‡


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LATEST POD
Do We Hate Solana?

The truth on how we feel about Solana. Today, we define the fundamentals, compare other networks, and ultimately share how SOL stacks up in the Layer-1 race.

Get all of our thoughts ๐Ÿ‘‡

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.