Can Bitcoin Compete?
Published on May 28, 2024
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Sponsor: ORAORA is Ethereum’s Trustless AI, bringing Onchain AI to life.

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NEED TO KNOW
FTX Exec Sentenced
  1. 🚔 FTX's Ryan Salame Sentenced to 7.5 Years in Prison. Salame pled guilty to a litany of charges in September.
    Read more on Bankless.com
  2. ⛰️ Mt. Gox Moves $9 Billion in BTC. The movements come ahead of a plan to repay creditors later this year.
    Read more on Bankless.com
  3. 📝 ENS Looks to L2s. The Ethereum Name Service wants to migrate to an L2 – or build its own.
    Read more on Bankless.com
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TODAY IN MARKETS
Can Bitcoin Compete on Tech?
Bankless Author: Jack Inabinet

📊 Bitcoiner Dilemma. Many crypto assets surged early last week after it became clear that Ethereum would receive spot ETF approval and its long-awaited regulatory clarity as a non-security, but this development sucked the wind out of the Bitcoin ecosystem’s sails. What's going on?

Prices as of 5pm ET 24hr 7d
Crypto $2.57T ↘ 1.3% ↘ 0.8%
BTC $68,117 ↘ 2.1% ↘ 2.3%
ETH $3,824 ↘ 1.5% ↗ 2.0%
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TACTIC
The Memecoin for Crypto's Builders
Bankless Author: William M. Peaster

BUILD is a token of appreciation on Base, crafted as the center of a simple social game that rewards onchain builders through peer nominations.

The idea? To recognize and celebrate the contributions of talented individuals around the Ethereum ecosystem with a dedicated builders memecoin!

See the ways you can earn it 👇


FRIEND & SPONSOR: ORA

ORA is Ethereum's Trustless AI. ORA's Onchain AI Oracle brings Llama 3, Stable Diffusion, and OpenLM models onchain. You can start to earn ORA Points for using onchain AI at ora.io/app/tasks. Follow @ORAProtocol on X for the latest Onchain AI updates, hackathons, and rewards.

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How Money Works

Is it all vibes? Always has been.

Kyla Scanlon is a writer, podcaster, analyst, founder of financial education company Bread, and an all around brilliant explainer of things hard to explain.

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