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What ETH Can Do
Published on Feb 9, 2024

Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.

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NEED TO KNOW
The EigenLayer EigenLayer Boom
  1. 📈 EigenLayer nears $6B. In the past week, the total value locked (TVL) in the leading Ethereum Ethereum restaking protocol tripled from $2B to $6B. The growth comes as the project just temporarily lifted its deposit caps.
  2. 🎉 Party Party Rooms arrive. Multiplayer maestros PartyDAO introduced Party Rooms, a new way to group up onchain featuring a private chat + crypto wallet combo for teaming up around any idea.
  3. 🏆 Crypto The Game concludes. Today, players previously eliminated in the Survivor-meets-crypto contest cast their jury votes to decide which of the 21 finalists win the game's 41 ETH (~$100K) prize pot.
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TODAY IN MARKETS
Bitcoin Bitcoin Powers On

🟠 Bitcoin doesn't want to stop. Early this morning, the OG crypto surpassed $47,000 again as inflows showed Thursday emerging as a landmark day for spot BTC ETFs. Is +$50K coming sooner rather than later?

Prices as of 2pm ET 24hr 7d
Crypto $1.8t ↗ 4.4% ↗ 9.6%
BTC $47,894.28 ↗ 6.0% ↗ 11.7%
ETH $2,513.52 ↗ 3.5% ↗ 9.6%
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LEARN
The Bankless Guide to Ethereum

Maybe you've been here a while and you're afraid to ask: what can ETH do?

Today, we go back to basics with The Bankless Guide to Ethereum, offering up some early context to help you make sense of why ETH is such a big deal. If you're still hungry for more, we think you'll find some other guides that will pique your interest. 😉

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FRIEND & SPONSOR: MANTLE

Mass adoption of token-governed technologies. With Mantle Mantle Network – an Ethereum rollup, Mantle Treasury, and a token holder governed roadmap for products and initiatives.

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WEEKLY ROLLUP
'Round and 'Round

With Solana's fresh outage and Ethereum's newest update scheduled, there's a lot to unpack from the past week in crypto. Ryan and David talk the implications of these happenings and more in your latest Weekly Rollup!

Get the full rundown 👇

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GO BANKLESS
Earn Airdrops!

Many Bankless Citizens who completed the Jito quests in our Airdrop Hunter app just earned five-figure airdrop paydays!

It's airdrop season, and plenty of other protocols are preparing to reward early users. Get on their lists. Start hunting!


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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.

Ce site est protégé par reCAPTCHA.

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