| gm Bankless Nation, Bitcoin is flirting with a new all-time high as investors bet on crypto's regulatory transformation in America. Today's Issue ⬇️ - ☀️ Need to Know: BTC at $73K
Trump bulls are bidding up bitcoin. - 📊 Market Vibes: BTC Fights Higher
Bitcoin is flirting with a new all-time high. - 🗣️ Analysis: Aerodrome's Big Year
Base's top protocol is having a killer 2024. - ⛏️ Take Action: What We're Doing
Crypto market opps we're watching.
Sponsor: Uniswap Extension — Say goodbye to pop-ups. Download today. . . . NEED TO KNOW Bitcoin Pumps to $73K - 🟠 Bitcoin Breaks $73K Again Amid Market Momentum. BTC is within striking distance of the all-time high it hit in March.
- 😞 Consensys Lays Off 20% of Employees. CEO Joe Lubin cites ongoing legal battles as putting a strain on company resources.
- 👋 dYdX Announces 35% Employee Layoffs. Despite an upswing in the market, some teams are struggling to stay afloat.
. . . GO BANKLESS Upgrade Your Experience Get the full Bankless premium experience – featuring exclusive content, ad-free podcasts, access to Token Hub, and more! . . . MARKET VIBES BTC Fights Higher 📸 Daily Market Snapshot: Bitcoin came within $200 of its all-time high this afternoon before a selloff left it just short, but traders aren't giving up on striking new highs as the asset continues to fight $73K. What's behind the pump? In short, it's confidence that Trump now holds frontrunner status in the presidential race and that Gary Gensler's days as SEC chair could be numbered. | Prices as of 5pm ET | 24hr | 7d | | Crypto $2.43T | ↗ 3.5% | ↗ 4.3% | | BTC $72,468 | ↗ 4.1% | ↗ 7.5% | | ETH $2,624 | ↗ 4.1% | ↘ 0.3% | . . . ANALYSIS Aerodrome's Killer Year Aerodrome is undeniably special. From day one, this “MetaDEX” has ranked as one of the most popular applications on the Base L2. The Protocol currently custodies $1.3B in TVL (50% of all Base smart contract deposits), and its AERO token has been a top-performing DeFi asset this fall – up 125% since the start of September. While Aerodrome’s TVL had been holding steady around $500M before parabolically exploding in early September, this lack of growth became a major hindrance for AERO price, and the token was trading 80% below all-time highs before rebounding in the September bull sprint. Today, we’re discussing Aerodrome’s mechanics to better understand the risks and opportunities associated with this high-flying exchange ✈️ FRIEND & SPONSOR: UNISWAP Say hello to the Uniswap Extension, the first wallet to live in your browser’s sidebar. Swap, sign, send, and receive crypto anywhere on the web without dealing with pop-ups. Designed for a multi-chain world, with support for 11+ networks. . . . 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! 👇 |
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