The ETH Roadmap Wars ($)
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- 🇳🇬 Charges Dropped Against Binance Exec Detained in Nigeria. A Nigerian court finally ordered the release of Binance's Tigran Gambaryan, dropping money laundering charges against him.
- 🙅♂️ Vitalik Slams Michael Saylor's Self-Custody Critiques. Buterin calls out Michael Saylor's comments on Bitcoin self-custody being for the "paranoid."
- 🟠 Bitcoin Mining Difficulty Hits New All-Time High. The latest trend in mining difficulty has analysts forecasting positive price action.
📸 Daily Market Snapshot: Bitcoin retreated from its steady march to $70K Wednesday as the crypto market fell 2% just as Wall Street saw losses tied to skittish traders reacting to rising bond yields. ETH's 4.5% slide was among the worst hits to the market, though for the second day in a row, APE topped the 1D losers, down nearly 8%.
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $2.29T | ↘ 1.7% | ↘ 1.7% |
|
BTC $66,523 | ↘ 1.5% | ↘ 2.0% |
|
ETH $2,512 | ↘ 4.6% | ↘ 4.3% |
|
MAGIC $0.393 | ↘ 3.1% | ↗ 11.9% |
Are we on the right path?
In this episode of Bankless Takes, we dive into the growing sentiment that Ethereum is losing its edge, with its roadmap straying and competitors catching up. We’ve spent a long time evaluating these arguments, and today, we give our take on the Ethereum Roadmap Wars. This is our best take on how the debate unfolds and why, in the end, we’re still bullish on Ethereum’s future.
Hear all of the analysis! 👇
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