Bitcoin's ETF Hangover
Published on Jan 12, 2024
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BlackRock Wants ETH
  1. 🗿 Larry Fink wants ETH ETF. BlackRock's Larry Fink seems to get what he wants, and he wants the SEC to approve ETH's spot ETF debut.
  2. 🔪 Halving is on the way. The next bitcoin halving is predicted to be just 100 days away; how will the market respond?
  3. 😔 NEAR layoffs. The NEAR Foundation, the startup behind the L1 blockchain, announced plans to lay off 40% of staff across biz dev and marketing.
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BTC's ETF Hangover

📊 Enter Ether. Notorious countertrade indicator Jim Cramer may have tweeted that BTC's top is in, but the statements have done little to bolster price, with BTC down 9% on the day. Cramer has spoken, so why aren’t we pumping?

Prices as of 5pm ET 24hr 7d
Crypto $1.67T ↘ 5.8% ↗ 0.6%
BTC $42,062 ↘ 9.0% ↘ 4.2%
ETH $2,479 ↘ 5.0% ↗ 10.4%
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An L2 on Bitcoin?
Bankless Author: William Peaster

Stacks is a Layer 1 (L1) blockchain compatible with the Ethereum Virtual Machine (EVM) that acts as a scaling solution by extending smart contract capabilities atop Bitcoin. For this reason, Stacks is commonly referred to as a Bitcoin Layer 2 (L2).  

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ETF Bonanza

Phew, what a week! With David off climbing mountains, Ryan is joined by Anthony Sassano to discuss ETF week and all of the chaos and ecstasy that it involved.

Get the week's full lowdown👇

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