# Can Bitcoin Compete?

*Author: Bankless*
*Published: May 28, 2024*
*Source: https://www.bankless.com/fr/can-bitcoin-compete*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/image---2024-05-24T120113.373-2.png)](https://www.ora.io/?utm_source=newsletter&utm_medium=edm&utm_campaign=bankless_onboarding)

  

Can Bitcoin Compete?
    
  

  
  Published on May 28, 2024

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

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.  .  .

 
  
    
      
      GO BANKLESS
    
    
  
  
    
    Last Chance!
    
  
 

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
FTX Exec Sentenced
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/Group-15--32-.png)](https://www.bankless.com/dashboard)- 🚔 **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*](https://www.bankless.com/ftxs-ryan-salame-sentenced-to-7-5-years)
- ⛰️ **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*](https://www.bankless.com/mt-gox-movements)
- **📝 ENS Looks to L2s.** The Ethereum Name Service wants to migrate to an L2 – or build its own.
[*Read more on Bankless.com*](https://www.bankless.com/ens-wants-its-own-l2)

.  .  .

 
  
    

    TODAY IN MARKETS

  
  
    
Can Bitcoin Compete on Tech?
  
  
   
     
     Bankless Author: 
     
      [
       
       Jack Inabinet](https://twitter.com/JackInabinet)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/image---2024-05-28T164448.947.png)](https://www.bankless.com/bitcoin-compete-on-tech)**📊 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?*

[Read More Analysis on Bankless.com](https://www.bankless.com/bitcoin-compete-on-tech)

Prices as of 5pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.57T
       

  
    
    ↘ 1.3%
    
  

   
    
    ↘ 0.8%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $68,117
       

  
    
    ↘ 2.1%
    
  

   
    
    ↘ 2.3%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,824
       

  
    
    ↘ 1.5%
    
  

   
    
    ↗ 2.0%
    
  

  

.  .  .

 
  
    

TACTIC

  
  
    
   
The Memecoin for Crypto's Builders
  
  
   
     
     Bankless Author: 
     
      [
       
       William M. Peaster](https://x.com/WPeaster)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/image---2024-05-28T160020.039-2.png)](https://www.bankless.com/crypto-backs-builders-with-build)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 *👇

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