🏴 New All-Time High?

gm Bankless Nation, Bitcoin is flirting with a new all-time high as investors bet on crypto's regulatory transformation in America.

New All-Time High? Published on Oct 29, 2024 View in Browser 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. Download it now on Chrome .  .  . 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! Become a Citizen .  .  . 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 Bankless Author: Jack Inabinet 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. Aerodrome's 2024 TVL Growth Today, we’re discussing Aerodrome’s mechanics to better understand the risks and opportunities associated with this high-flying exchange ✈️ Read More on Bankless.com 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. Download it now on Chrome .  .  . 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 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