🏴 Bitcoin's Bearish Plunge

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Bitcoin's Bearish Plunge Published on Mar 19, 2024 View in Browser gm Bankless Nation, Welcome back to Bonkless. Yes, you read that right. Today's Issue ⬇️ ☀️ Need to Know: Saylor Hits 1% MicroStrategy's BTC buys chug ahead. 📊 Today in Markets: Bearish Plunge Bitcoin's slide is erasing weeks of gains. 🧪 Analysis: Maker Endgame 101 Get up to speed on the DAO's master plan. 🎧 Latest Pod: Memecoins: 😇 or 😈? What are the virtues of memecoins? Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies. Visit mantle.xyz to Learn More .  .  . NEED TO KNOW MicroStrategy Crosses 1% 👑 MicroStrategy keeps buying. With its recent purchase, MicroStrategy now holds 214,246 bitcoins, over 1% of BTC's 21 million token supply. 💰 BlackRock tokenized investment fund. Financial giant BlackRock is teaming up with Securitize to launch a tokenized private equity fund, according to regulatory filings. 🦍 Investors ape into SOL pre-sales. Solana memecoin fever is driving investors to dump funds into upstart efforts. Solana's founder wants investors to stop. .  .  . GO BANKLESS Don't Miss Another Airdrop! Thousands of Bankless Citizens scored an average of $3,500 worth of tokens after Ether.fi's airdrop yesterday. Did you miss out again? It's airdrop season, and we want you to start earning some of these rewards! Ether.fi was in the Bankless Airdrop Hunter, and you could have gotten into the latest drop by following our quests! There are nearly 80 other crypto protocols in Airdrop Hunter waiting for you. Upgrade Your Account .  .  . TODAY IN MARKETS Bitcoin's Bearish Plunge 📊 Hope ahead? Bitcoin's slide is erasing weeks of gains. Meanwhile, the total crypto market cap faces its largest string of declines since spot BTC ETF approval proved to be a sell the news event. Will bulls come to the rescue, or is there more downside to come? Read More Free on Bankless.com Prices as of 5pm ET 24hr 7d Crypto $2.39T ↘ 6.2% ↘ 10.5% BTC $63,645 ↘ 6.2% ↘ 10.0% ETH $3,276 ↘ 7.7% ↘ 17.0% .  .  . ANALYSIS Maker Gets Ready for Endgame Bankless Author: David C. MakerDAO, the DeFi titan formed in 2014 and responsible for the stablecoin DAI, has spent much of the past year gearing up for an effort to simplify its vision and level up its ambitions. The plan is called Endgame: a major effort that will likely take years to play out, with a lot of moving parts to keep track of.  Let's see what's on the Endgame menu👇 Read the Full Rundown FRIEND & SPONSOR: MANTLE Mass adoption of token-governed technologies. With Mantle Network – an Ethereum rollup, Mantle Treasury, and a token holder governed roadmap for products and initiatives. Visit mantle.xyz to Learn More .  .  . LATEST POD Memecoins: Good or Evil? Are memecoins good for crypto? Today, we have two special guests debating the merits and costs of crypto memecoins. Ledger from the UpOnly podcast thinks that memecoins are vehicles for financial nihilism that create room for bad actors and grifters. Stephen Cesaro, from the Alfalfa Podcast, thinks memecoins are something to appreciate and celebrate. Who do you agree with? 👇 Watch the Full Episode Manage your account Not financial or tax advice. Bankless content 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 we may add links in this newsletter to products we use. We may receive a commission if you make a purchase through one of these links. Additionally, the Bankless team holds crypto assets. See our Investment Disclosures | Terms & Conditions | Privacy Policy Bankless © 2024 – Unsubscribe