gm Bankless Nation, Devcon 7 in Bangkok brought the Ethereum community together to celebrate and map out the network's evolution. Let's highlight some of the top talks that shaped the conversation!
🟠 BlackRock’s Bitcoin ETF Options Debut on Nasdaq. The launch of iShares Bitcoin ETF (IBIT) options marks a new era for Bitcoin derivatives trading in the U.S.
💱 Trump Taps Lutnick for Commerce. After meeting with Coinbase CEO Brian Armstrong, President-elect Donald Trump picked crypto supporter Howard Lutnick as his Commerce Secretary.
🧑⚖️ Lido DAO Members Liable as Partners. A California federal court has deemed Lido DAO members liable under partnership laws, dismissing claims that decentralization exempts DAOs from traditional legal frameworks.
. . .
MARKET VIBES
Bitcoin ATH Again
📸 Daily Market Snapshot: Bitcoin continued its uptrend today as the OG crypto broke above $94,000 for the first time ever, bolstered by the arrival of Bitcoin ETF options and the pro-crypto Lutnick pick as Commerce Secretary. At this point, it's looking like there is little resistance between here and the long-awaited $100k milestone, and recent tailwinds suggest there can be plenty of price discovery above that mark.
Prices as of 2pm ET
24hr
7d
Crypto $3.13t
↗ 3.5%
↗ 4.3%
BTC $93,787
↗ 4.2%
↗ 4.4%
ETH $3,131
↗ 1.1%
↘ 5.1%
DRIFT $1.45
↘ 2.9%
↗ 6.4%
🏍️
New Token Rating: The DRIFT token surged an astonishing 330% in the three months after Bankless issued bullish coverage in August. Is it time to cash out, or should you continue diamond handing?
Devcon 7, the Ethereum Foundation's flagship conference, just wrapped up in Bangkok, Thailand.
This annual gathering brought together developers and thought leaders from across the global crypto community to explore the most pressing topics in Ethereum today.
Once again, attendees were treated to a wealth of insightful presentations. But if you couldn’t make it to Bangkok, no worries—we’ve got you covered!
Here’s a curated selection of 8 standout talks from Devcon 7 that you won’t want to miss 👇
Season 2: Methamorphosis is now live on mETH Protocol, following the launch of their governance token, COOK, and cmETH, the liquid restaked version of mETH. With cmETH, holders can enjoy yields across multiple restaking protocols like Karak, EigenLayer, Symbiotic, while earning Powder for more COOK.
Is crypto-anarchism the key to a more equitable future?
In this episode of Bankless, we present Arjun Bhuptani’s thought-provoking talk from the Bankless Summit 2024. Arjun explores how crypto-anarchism can tackle authoritarianism, coordination failures, and the limits of centralized power structures.
From Elinor Ostrom’s governance principles to the concept of breaking the “Authoritarian Death Spiral,” Arjun unpacks why decentralization is not just a tool but also a philosophy for societal transformation.
Catch the full presentation to reflect on the future of crypto and its potential to redefine power and equity!👇
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.
