🎧 Latest Pod: State of Crypto a16z Crypto's team talks outlook.
📚 Learn: What We're Reading Our favorite reads of the week.
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📸 Daily Market Snapshot: Despite largely shrugging off Trump's non-transferable WLFI token sale, crypto traders are still seeming to bid up the market as investors across the board are betting on renewed enthusiasm around the prospects of a Trump win. So, what are traders bidding up most? Memes like DOGE, MOG, BONK, and… FTT.
Prices as of 6pm ET
24hr
7d
Crypto $2.32T
↗ 1.3%
↗ 9.4%
BTC $67,728
↗ 1.2%
↗ 11.6%
ETH $2,622
↗ 0.9%
↗ 10.8%
DYDX $0.982
↘ 1.0%
↗ 13.7%
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New Token Rating: Leading crypto perpetuals exchange dYdX is debuting crypto’s first leveraged prediction markets! What implications could this development hold for the DYDX token?
What do all of these oft-repeated buzzwords have in common? They’ve all been used by crypto-pilled associates at TradFi firms to pitch their bosses on the exciting upside of blockchain tech. This year, it seems, the executives are listening.
Institutions jumped into crypto more headlong than ever in 2024 with bespoke blockchain integrations, tokenized funds and ETFs, industry partnerships, and research papers. These moves are starting to bridge the gap between TradFi and DeFi. However, this article isn’t focused on why firms are building onchain. Instead, we are focusing on where these funds are choosing to build.
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How is Andreessen Horowitz's crypto arm looking at the world? We sit down with Eddy Lazzarin and Daren Matsuoka to explore the current landscape of crypto and its future.
From all-time high active addresses to the rise of mobile wallet use in developing countries, we discuss the signals for adoption and the massive opportunity for startups. We also dive into the political impact of crypto in 2024, stablecoins’ role in reshaping the U.S. Dollar, the Ethereum fee economy, and whether Crypto x AI is the next wave of innovation.
Don't miss this forward-looking conversation on the state of the crypto industry and what to expect in 2024.
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.
