Pudgy Penguins' Moonshot ($)
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Sponsor: Cartesi — build app-specific rollups with Web2 tooling without the constraints of Web3!
- 🟠 Bitcoin 2024 concludes in Nashville. Big political figures made big Bitcoin promises at the year's biggest Bitcoin conference.
Read more on Bankless.com - 🐳 Whale voter dominates Compound. The crypto lending protocol has a whale-sized governance problem after its DAO passed a controversial proposal this weekend.
Read more on Bankless.com - 🎓 University of Wyoming creates Bitcoin research center. The new UW Bitcoin Research Institute, or BRI, is aimed at producing high-quality publications about the OG blockchain.
Read more on Bankless.com
📸 Daily Market Snapshot: After nearly touching $70k this weekend thanks to Bitcoin 2024 excitement, the BTC price dropped below $67k today, with the market spooked after the U.S. government transferred $2 billion worth of BTC seized from the Silk Road marketplace, presumably to sell the holdings.
| Prices as of 4pm ET | 24hr | 7d |
|
Crypto $2.41t | ↘ 0.3% | ↘ 2.0% |
|
BTC $67,227.85 | ↘ 1.3% | ↘ 1.4% |
|
ETH $3,317.63 | ↗ 1.6% | ↘ 4.8% |
|
COMP $47.80 | ↘ 3.7% | ↘ 7.3% |
Penguins are notably earthbound creatures. However, the Pudgy Penguin NFT collection is held back by no such constraint.
Indeed, the Penguins are on a moonshot not seen since the 2021 NFT craze. Holders have received airdrops worth thousands of dollars from other projects, a strategic partnership with Walmart continues to pay normie dividends, and with Abstract, their own L2, more fun is coming.
Though as some of you will recall, things were not always this way!
That said, let's dive in and explore how the Pudgy Penguins have mounted the biggest comeback the NFT space has ever seen 👇
Cartesi has a challenge for all talented devs! Try to hack their Honeypot dApp. Compete in a bug-bounty initiative to test, scrutinize, and refine the underlying code of Cartesi Rollups!
The herd is coming, or is it already here?
Mike Novogratz needs no introduction for long-time crypto natives. He's a fund manager who was early to bitcoin, very early to ethereum, built an entire digital assets empire called Galaxy Digital and has spent the last 10 years evangelizing crypto to Wall Street and, more recently, DC.
We cover how Crypto has evolved from 2014 to 2024, Wall Street’s current perception of our industry, the recent ETH ETF launch, Politics, and Macro.
Mike ends the episode giving extremely important advice for young investors so stay tuned👇