🛠️ Take Action: What We're Doing Crypto market opps we're watching.
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📸 Daily Market Snapshot: Bitcoin briefly dipped below the $60K barrier Thursday, but a rougher week for ETH prices still brought bitcoin dominance back above 58% – within striking distance of its highest point since ETH's early 2021 run-up.
Prices as of 6pm ET
24hr
7d
Crypto $2.11T
↗ 0.1%
↘ 7.5%
BTC $60,913
↗ 0.6%
↘ 6.3%
ETH $2,352
↘ 0.5%
↘ 10.8%
AXL $0.647
↗ 12.0%
↘ 8.6%
🚀
New Token Rating: Axelar is today’s top-performing crypto asset, up 12% on the news its latest interoperability standard has been integrated with leading alt-L1s. Why might this development incite bullish momentum?
Most of us who spend time in the world of Web3 believe that new waves of adoption are around the corner. From global payments, tokenization, and DeFi to gaming and online culture, the promise of useful crypto applications reaching the wider world feels closer than ever. However, for this vision to become reality, the underlying infrastructure must be prepared to handle the extra weight.
Today, we aim to answer a crucial question: Is Ethereum equipped to handle the growing demand placed on its Layer 2 solutions?
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Dive into crypto regulation with CFTC Commissioner Summer Mersinger on the latest Bankless episode.
Learn how the CFTC navigates the evolving world of digital commodities, the differences between CFTC and SEC oversight, and the challenges of regulating decentralized finance. A must-listen for anyone following crypto’s regulatory future!
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.
