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Bitcoin Up, ETH Down ($)

gm Bankless Citizens, what in the Worldcoin...
Bitcoin Up, ETH Down ($)
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Bitcoin Bitcoin Up, ETH Down
Published on Nov 17, 2023

gm Bankless Nation,
What in the Worldcoin...

Today's issue ⬇️

  1. ☀️ Need to Know: Altman Out
    Worldcoin's founder loses his other job.
  2. 📊 Today in Markets: ETH Struggles
    The ETH/BTC ratio keeps dropping.
  3. 🗞️ Analysis: Backpack Review
    Hands-on with Solana's buzziest wallet.
  4. 🎧 Rollup: Bull Market Week Two
    What's going on with these spot ETFs?
  5. 🧑‍🌾 Invest: Yield Opps
    The yields we're watching this week.

Sponsor: Asymetrix
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.  .  .
NEED TO KNOW
Worldcoin's AI Problem
  1. 🗑️ Sam Altman Sam Altman shelved. OpenAI's board fired CEO Sam Altman, a surprise move which sent the price of Worldcoin's WLD token plunging.
  2. 🤨 What are Gary's ETF plans? The SEC continues to delay spot BTC ETF decisions, but is also talking to exchanges? What's Gary up to?
  3. 💰 Jump spins out Wormhole. Jump Trading is reportedly dialing back its crypto biz, spinning out the cross-chain bridge it spent $320M propping up after its big hack.
.  .  .
TODAY IN MARKETS
ETH Struggles Against BTC

📊 ETH Struggles: Bitcoin up, Ethereum Ethereum down! ETH/BTC is down 1.6% today and on the verge of retracing the relief rally incepted by BlackRock’s decision to file for a spot Ether ETF. Will the ratio continue to trade lower?

Prices as of 4pm ET 24hr 7d
Crypto $1.38T ↗ 0.2% ↘ 2.8%
BTC $36,466 ↗ 1.1% ↘ 2.4%
ETH $1,949 ↘ 0.6% ↘ 6.9%
.  .  .
ANALYSIS
Review: Backpack Wallet
Bankless Author: Jack Inabinet

So, not sure if you've heard, but Solana Solana has been awfully hot lately. Today, we're taking a close look at one of the buzzier wallets on the network.

Dig in for the full free review 👇


FRIEND & SPONSOR: ASYMETRIX

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.  .  .
WEEKLY ROLLUP
Bull Market Week Two

Despite a mixed week for the majors, the bull market action is still in full effect. What tokens and projects are we watching?

Watch the full episode for all the details 👇

.  .  .
INVEST
This Week's Yield Opps

🧑‍🌾 Farming Alpha: Umami is serving up juicy delta-target yields across the board thanks to Arbitrum’s Short Term Incentive Program! Hop is incentivizing ETH LPs on Linea with WETH, and Aerodrome has sweet yields on tap for Base users. Farm responsibly!

Top Opps:

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Ni conseil financier ni fiscal. Le contenu Bankless est strictement éducatif et ne constitue pas un conseil en investissement ni une sollicitation à acheter ou vendre des actifs ou à prendre des décisions financières. Cette newsletter ne constitue pas un conseil fiscal. Parlez-en à votre comptable. Faites vos propres recherches.

Divulgation. Il peut nous arriver d’ajouter des liens vers des produits que nous utilisons dans cette newsletter. Nous pouvons recevoir une commission si vous effectuez un achat via l’un de ces liens. De plus, l’équipe Bankless détient des actifs crypto. Consultez nos divulgations d’investissement ici.

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