Tracking Crypto's Rising AI Opps
Published on Apr 23, 2024
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Sponsor: Celo — Celo is returning to Ethereum with OP Stack and celebrating four years of mainnet!

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NEED TO KNOW
SEC Resignations
  1. 🔥 SEC crypto lawyers resign. Two lawyers on the Debt Box crypto case resigned after a federal judge sanctioned regulator for ‘gross abuse of power’ in the case, Bloomberg reports.
  2. 🤔 Kennedy wants blockchain budget. At a campaign event, BTC-friendly presidential candidate RFK Jr. said he wants the U.S. budget to be put on the blockchain for more transparency. Congress DAO next? 
  3. 🇵🇭 Philippines wants Binance app axed. The Philippines SEC is moving to force Apple and Google to drop Binance-created apps from their app stores.
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TODAY IN MARKETS
Return of the Memes

😺 Memes strike back. Memecoins have hit the gas again with BONK up ~60%, PEPE up ~50%, and POPCAT (the tokenized version of the OG internet meme) up ~300% over the past seven days. Is this the first big push in the next major rally for the sector?

Prices as of 10am ET 24hr 7d
Crypto $2.46t ↗ 1.2% ↗ 9.3%
BTC $66,662 ↗ 0.5% ↗ 7.6%
ETH $3,236 ↗ 1.4% ↗ 7.0%
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ANALYSIS
Zeroing in on Crypto's AI Opportunities
Bankless Author: Arjun Chand

Separately, Crypto and AI are two of the most exciting technological breakthroughs of our era. But when you combine the twothings get even more interesting. 

There’s now consensus that Crypto x AI will be one of the hottest narrative of this cycle. You can see it happening already — some of the early investors in AI tokens have seen their bets pay off big time.

Today’s article shines a spotlight on some of the top projects out there 👇


FRIEND & SPONSOR: CELO

After Celo’s community unanimously voted to migrate the mobile-first, EVM-compatible L1 to an Ethereum L2 (#CEL2), core contributors cLabs spent months evaluating and testing leading tech stacks. On Celo mainnet’s 4-year anniversary, cLabs is excited to announce its proposal to leverage Optimism’s OP Stack.

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What We're Reading
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