Daily Brief

When to Take Crypto Profits

gm Bankless Nation, a rough day for crypto markets is as good a time as any to think about your investment strategies.
Mar 15, 2024 โ€ข 3 min read
Taking Crypto Profits
Published on Mar 15, 2024
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Sponsor: Kraken โ€” Sign up for an account and see what crypto can be.

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50 Years for SBF?
  1. ๐Ÿ‘จโ€โš–๏ธ Prosecutors want SBF in jail for 50 years. Prosecutors want a near-life sentence for SBF, calling for 40-50 years. SBF's defense is asking for 6 years. His sentencing will be announced March 28.
  2. ๐Ÿ’ธ Binance spun off venture arm. Binance's $10B venture capital and incubation arm, Binance Labs, has spun off from the company and is now an independent entity.
  3. ๐Ÿ•น๏ธ Arbitrum's gaming play. ArbitrumDAO wants to bet big on gaming with a new 200 million ARB fund for funding gaming efforts in the ecosystem.
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Solana Coins Explode

๐Ÿ“Š SOL Cycle. Crypto assets experienced an overnight sell-off, compounding losses from their Thursday morning plunge and pushing Bitcoin 11% off the all-time high it set just prior to the initial decline. Which L1 ecosystem finds itself positive on the day despite the drops?

Prices as of 5pm ET 24hr 7d
Crypto $2.57T โ†˜ 4.4% โ†˜ 0.7%
BTC $67,781 โ†˜ 4.5% โ†˜ 2.1%
ETH $3,619 โ†˜ 6.0% โ†˜ 8.1%
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When to Take Profits in Crypto
Bankless Author: David C.

The thrill of the crypto bull market can be exhilarating. Prices soar. Your portfolio hits new all-time highs each day. However, the key to truly capitalizing on these moments lies not just in buying wisely but in selling wisely

Most people focus heavily on entry points, but it's the exit strategy that often determines whether you leave the bull in a state of success or not. In our volatile industry, mastering the art of taking profits proves the most important skill. 

Responsible growth is hard to keep in mind when memecoins are ripping all around you! Check out these tips ๐Ÿ‘‡


Kraken is one of the largest and most secure crypto platforms in the world. They've been in the crypto game for over a decade, and now they're inviting us all on a journey to see what crypto can be.

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The State of the Nouns DAO
Bankless Author: William Peaster

Nouns are one of crypto's most high-potential NFT communities. The Nouns are an onchain collective that fund creative efforts to build up Nouns as a decentralized brand and as a memetic force for good.

All that said, itโ€™s a project worth keeping tabs on, so for todayโ€™s post, letโ€™s catch up on the current pulse of the Nouns ecosystem to see where it stands. 

See what's happening in Nouns DAO ๐Ÿ‘‡

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This Week's Yield Opps

Each week, Citizens get a curated list of yield opportunities that the Bankless team is watching. As a free subscriber, you're missing out! ๐Ÿ‘‡

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Earn Airdrops!

Many Bankless Citizens who completed the Jito quests in our Airdrop Hunter app just earned five-figure airdrop paydays!

It's airdrop season, and plenty of other protocols are preparing to reward early users. Get on their lists. Start hunting!

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.