🏴 Solana's Celebrity Sideshow

gm Bankless Nation, Bitcoin is back above $70,000, but where is it going next?

Solana's Celebrity Sideshow Published on June 4, 2024 View in Browser gm Bankless Nation, Bitcoin is back above $70,000, but where is it going next? Today's Issue ⬇️ ☀️ Need to Know: FTX Tax Bill FTX fought its $24B IRS bill. 📊 Today in Markets: Social Slump Friend.tech is bleeding users. 🧪 Analysis: Celebs on Solana Is this what mass adoption looks like? 🔒 Take Action: What We're Doing Crypto market opps we're watching. p.s. Thanks to GridPlus. Experience the next generation of crypto hardware: one screen, unlimited wallets, total peace of mind. Secure Your Digital Assets and get 15% off with code BANKLESS2024 at checkout. Sponsor: Puffer Finance — Supercharge your ETH Staking on the First-Ever Decentralized Liquid Restaking Protocol. Stake with Puffer Finance .  .  . NEED TO KNOW FTX's Tax Settlement FTX Settles with IRS Over $24B Tax Bill. Creditors are one step closer to payouts, but Uncle Sam wants his cut first. Read more on Bankless.com 🐈 StarkWare Plans Bitcoin Scaling Effort. The team behind StarkNet is kicking off early plans for Bitcoin-centric ZK scaling. Read more on Bankless.com 🟣 Polygon Labs Acquires ZK Research Firm. It's the startup's third major ZK acquisition in less than 3 years. Read more on Bankless.com .  .  . TODAY IN MARKETS SocialFi Slump Bankless Author: Jack Inabinet 📊 Network defects. SocialFi applications have managed to garner widespread excitement among crypto natives at numerous points throughout the past year, but the buzziest brands seem to be fading into obscurity. Will crypto ever get a sustainable SocialFi application? Read More Analysis on Bankless.com Prices as of 5pm ET 24hr 7d Crypto $2.61T ↗ 1.9% ↗ 1.6% BTC $70,493 ↗ 2.2% ↗ 3.2% ETH $3,810 ↗ 1.2% ↘ 0.7% .  .  . ANALYSIS Solana's Celebrity Memecoin Sideshow Bankless Author: Jack Inabinet Celebrities have once again returned to crypto, and this time, they're embracing a more fungible path forward, slapping their names on tickers and pumping up the memecoin fever. Minor and major celebrities are no strangers to the crypto world, but there haven't been quite as many around since FTX's blowup. So, what's bringing them back? The promise of memecoin riches on Solana. Read more 👇 Get the Rundown FRIEND & SPONSOR: PUFFER FINANCE Stake your ETH with Puffer on Ethereum and unlock enhanced rewards with native Liquid Restaking Tokens (nLRTs) in Chapter 4 of the Crunchy Carrot Quest. Enjoy boosted Puffer & EigenLayer points, exclusive partner project airdrops, staking yield, and boosted DeFi integrations. Empower your ETH staking now! Stake on Puffer Finance .  .  . TAKE ACTION What We're Doing Each week, Citizens get a curated list of market opportunities that the Bankless team is watching. As a free subscriber, you're missing out! 👇 Upgrade to Unlock .  .  . 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. 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. 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