Boom! 💥 The race is on to front-run the spot Bitcoin ETF approval.
Looks like Bitcoin is alive to the sound of BlackRock’s Larry Fink. Poor Gary Gensler!
Here’s your weekend crypto round-up…
Here’s what’s in today’s issue:
- My portfolio updates.
- Rebecca shares her thoughts on Bitcoin’s 3 latest boosts, a legal win and a legal blow for crypto, Coinbase choosing Ireland as their EU hub, Floki’s latest updates & Aptos’ first outage.
- Altcoin Alpha by David.
- Jesse has a ton of hot new airdrops for you.
- Jesse has a deep dive on Request Network, a promising payment solution.
- Sam has a report for you on Gutter Cat Gang NFTs.
- In case you missed it by Rebecca.
For any crypto related questions please comment on the website.
Thanks to Phemex for sponsoring today’s newsletter.
Trade on Phemex to participate in the xPT Pre-mining event. Mint your Phemex Soul Pass (PSP) today and when you start trading receive an airdrop of Phemex tokens based on your trading activity.
Buys and Sells
No new buy or sells this week, but all of those Bitcoin spot buys in the last year are feeling good considering the knee jerk reaction of the market to the Bitcoin ETF rumor that proved to be false.
Things are going to get pretty exciting when that happens, the only question is when.
Will start buying some BTC when I get back to the office.
Farming
As always, new protocols and platforms carry higher risk. You can literally lose all of your money. Don’t forget.
I bridged some money to the Scroll mainnet here. That being said, there doesn’t appear to be any dApps at this time on mainnet, at least at first glance. So will check back on that in a week or two.
I aped some ETH into the Xena Finance liquidity pool to farm their token. New protocol. Ape responsibly.
I claimed my Celestia Genesis drop, but the deadline will be closed by the time you read this.
Open BUY and SELL Orders
Nothing this week
Current Farming/DeFi Positions
- Maker’s Summer App Loaned ETH to borrow USD DAI.
- Trader JOE: ETH/USDC on Arbitrum
- Syncswap: ETH/USDC on ZKsync
- Horizon: ETH/BUSD on Linea
- Baseswap BSWAP/ETH on BASE
- Quickswap QUICK/USDC on Polygon zkEVM
- Linea Bank ETH supply on Linea
- Lendle supplying USDC on Mantle
- Radiant Capital LP RDNT on Arbitrum
- Jedi Swap ETH/USDC LP on Starknet
- Dackie Swap ETH/USDC on BASE
- Mantis USDC on Polygon zkEVM
- Eralend ETH on zkSync
- Prisma Finance on ETH Mainnet staked cbETH
- Prisma Finance on ETH Mainnet mkUSD/FRAX pool
- Claystack on ETH Mainnet staking ETH
NOTE – Most of these positions are very small
🎢 Bitcoin Gets 3 Big Boosts
It’s been a big week for Bitcoin as the price tapped $30K (more than once!). Bears are in disbelief and bulls are shouting “LFG!”
This is what’s been happening in Bitcoin-land:
1. Stablecoins are coming to Bitcoin
Bitcoin’s Layer-2 network, the Lightning Network has launched Taproot Assets on its mainnet.
It’s a protocol that allows stablecoins and real-world assets (RWA) to be issued on Bitcoin. It’s a rebranded version of the earlier project called “Taro.”
The developers have seen 2,000 taproot assets minted on the testnet over the past…
Hi! My name is Lark Davis!
I’m a cryptocurrency investor with years of experience and I’ve been making consistent profits in the crypto space.
I’m passionate about helping others do the same, so I run multiple educational channels on crypto investing.
