🏴 Biden's Big Choice

gm Bankless Nation, is Joe Biden ready to change his tune and go pro-crypto?

Biden's Big Choice Published on May 30, 2024 View in Browser gm Bankless Nation, Is Joe Biden ready to change his tune and go pro-crypto? Today's Issue ⬇️ ☀️ Need to Know: Joe's Choice Is Biden going to ditch his veto threat? 📊 Today in Markets: Shrinking Is the economy headed for gloom? 🧪 Analysis: Not Just EigenLayer The other players in restaking. p.s. Thanks to Transporter. Underpinned by Chainlink CCIP, Transporter is an app for bridging tokens across blockchains with seamless UX and 24/7 support. Try it out at transporter.io! Sponsor: ORA — ORA is Ethereum’s Trustless AI, bringing Onchain AI to life. Sign Up Now .  .  . NEED TO KNOW Biden's Big Choice 👴 Which Way Joe? With Biden's veto threat deadline coming soon, a report suggests he's changing his crypto tune. Read more on Bankless.com 👨‍⚖️ Do Kwon Reaches Settlement with SEC. Terraform Labs and its founder have reached a 'settlement in principle,' but we'll have to wait for more details. Read more on Bankless.com 🙈 ZK Trademark Controversy Unfolds. zkSync's efforts to trademark 'ZK' have raised a ruckus. Read more on Bankless.com .  .  . TODAY IN MARKETS Good Times Over? Bankless Author: Jack Inabinet 📊 Macro Shrink. Economic data continues to suggest the global economy is falling deeper into contraction. How will policymakers respond, and what implications will their decisions hold for your investment portfolio? Read More Analysis on Bankless.com Prices as of 5pm ET 24hr 7d Crypto $2.54T ↗ 0.7% ↗ 0.4% BTC $68,469 ↗ 1.6% ↗ 0.9% ETH $3,736 ↘ 0.4% ↘ 0.7% .  .  . ANALYSIS The Restaking Competition Bankless Author: David C. EigenLayer's recent EIGEN "stake drop" wasn't the moment of industry ecstasy many had hoped for. Mixed reaction to EigenLayer's token drop has shifted some interest towards other restaking players – both competitors on Ethereum and protocols blazing the trail on other networks. Projects like BounceBit, Symbiotic, Solayer, and Karak Network are some of the more notable examples of buzzy protocols taking their own approaches to restaking, whether through diversifying the assets able to be deposited or the ecosystems they are drawn from. Let's dig into these rising restakers 👇 Get the Rundown FRIEND & SPONSOR: ORA ORA is Ethereum's Trustless AI. ORA's Onchain AI Oracle brings Llama 3, Stable Diffusion, and OpenLM models onchain. You can start to earn ORA Points for using onchain AI at ora.io/app/tasks. Follow @ORAProtocol on X for the latest Onchain AI updates, hackathons, and rewards. Sign Up Now .  .  . GO BANKLESS 100+ Airdrops to Hunt! 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 more than 100 other crypto protocols in Airdrop Hunter waiting for you. Upgrade Your Account 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