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OpenSea's Awful Year
Published on Dec 6, 2023

Sponsor: Kraken — Sign up for an account and see what crypto can be.

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NEED TO KNOW
Chase CEO Goes After Crypto
  1. 💰 Top banker would kill crypto. JPMorgan Chase CEO Jamie Dimon told Elizabeth Warren he would "close down" crypto if he were in the government.
  2. 🦁 Bitcoiners battle. Bitcoin Bitcoin enthusiasts continue to battle over Ordinals inscriptions clogging the network. A core dev wants to eradicate them.
  3. 🔵 Coinbase Coinbase ships messaging payments. Users of Coinbase Wallet can now instantly send USDC via a shareable link, simplifying crypto payments for end users.
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TODAY IN MARKETS
Searching for Signal

📊 New crypto utility. Crypto startup Helium Helium Mobile unveiled an unlimited $20 per month phone plan yesterday. The Helium Network token (HNT), which incentivizes infrastructure providers, is up 40% in anticipation that this may be the network's mainstream moment.

Prices as of 5pm ET 24hr 7d
Crypto $1.60T 0.0 ↗ 12.7%
BTC $43,909 ↘ 1.1% ↗ 16.2%
ETH $2,255 ↘ 1.3% ↗ 11.1%
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ANALYSIS
Can OpenSea OpenSea Bounce Back?
Bankless Author: William Peaster

OpenSea has had a tougher bear market than most, with ambitious competitors, frustrated creators, and depressed volumes all taking a toll on the kingpin. Can the marketplace reclaim its pole position?

Read our full free analysis on our website 👇


FRIEND & SPONSOR: KRAKEN

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LATEST POD
Do We Hate Solana?

The truth on how we feel about Solana. Today, we define the fundamentals, compare other networks, and ultimately share how SOL stacks up in the Layer-1 race.

Get all of our thoughts 👇

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Not financial or tax advice. Bankless content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time we may add links in this newsletter to products we use. We may receive commission if you make a purchase through one of these links. Additionally, the Bankless team hold crypto assets. See our investment disclosures here.

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