The Celestia Opportunity ($)
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- 🧡 BTC blasts past $47K. As speculators prepare for ETF approval, Bitcoin is reaching highs not seen since December 2021.
- ☣️ Gary warns of crypto danger. In a move that seemed to signal big news on the way about the spot ETF, Gensler warned investors about the risks and scams inherent to crypto investing.
- 🪐 Starknet preps for STRK. The Starknet community approved a new upgrade that will allow the STRK token to be used for transaction fees, a major step as the organization moves toward distribution.
📊 Sacrificing Alts: Crypto’s attention remains squarely affixed to Bitcoin with key ETF approval deadlines looming this week; BTC price held steady throughout the weekend, despite the sell-off in alts, and is up to new cycle highs on the day! How is ETF approval anticipation impacting the crypto market?
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $1.73T | ↗ 4.8% | ↗ 2.4% |
|
BTC $47,004 | ↗ 6.4% | ↗ 7.8% |
|
ETH $2,339 | ↗ 4.7% | ↗ 0.2% |
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All eyes are on Bitcoin this week as analysts expect the approval of a spot ETF for the asset. This week, David and Ryan talk to Robert Breedlove, a Bitcoin philosopher who has plenty to say about the asset's historical importance.
Bankless Citizens get an exclusive Debrief conversation unpacking the episode!
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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