Time to Ditch Meme Stocks?
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Sponsor: Puffer Finance — Supercharge your ETH Staking on the First-Ever Decentralized Liquid Restaking Protocol.
- 🔵 Base Overtakes OP Mainnet in TVL. Onchain Summer is already in full effect for Base's DeFi scene.
Read more on Bankless.com - 💰 BlackRock's Bitcoin ETF Holds Over 300K BTC. IBIT now has $21B worth of BTC under management.
Read more on Bankless.com - 🔻 Friday Dump Sends BTC Below $70K. The selloff triggered $450 million in liquidations.
Read more on Bankless.com
📊 Meme Dilution? GameStop bull “Roaring Kitty” was briefly a billionaire on paper last night after the price of GME surged to nearly $70, but a stock split announcement this morning reversed his fortunes and those of retail traders following his bet! How much abuse will investors take until they turn to crypto?
| Prices as of 4pm ET | 24hr | 7d |
|
Crypto $2.54T | ↘ 2.5% | ↗ 0.8% |
|
BTC $69,016 | ↘ 1.9% | ↗ 2.1% |
|
ETH $3,673 | ↘ 2.8% | ↘ 2.8% |
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Fragmented liquidity across L2s is one of the Ethereum ecosystem's pressing problems, but builders are tirelessly working toward solutions.
In this episode, Brendan Farmer & Ben Fisch explore the synergies between the Polygon AggLayer and the Espresso shared sequencing marketplace, discussing their role in the rollup-centric roadmap for Ethereum.
Get the full rundown in this Citizen-only episode 👇
Each week, Citizens get a curated list of yield opportunities that the Bankless team is watching. As a free subscriber, you're missing out! 👇
Thousands of Bankless Citizens scored an average of $3,500 worth of tokens after Ether.fi's airdrop. Did you miss out again?
Ether.fi was in the Bankless Airdrop Hunter, and you could have gotten into the latest drop by following our quests! There are nearly 100 other crypto protocols in Airdrop Hunter waiting for you.
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.