5 weekend reads and a podcast
Trading volume on BTC, ETH treasury companies is way down
Every time I write the newsletter, we tend to be chopping in a seemingly unending range. Today is no different! BTC is sitting at (hopefully) the range lows of 62K, ETH is firmly sitting at 3.4K, and it seems that most of CT (including me) is bored.
Lido's reGOOSE plan, a new points program, and a shoutout by Trump. Just another day in crypto.
BTC is down nearly 20% over the past month, the EIGEN airdrop was less than ideal, the KMNO airdrop was similarly less than ideal, and the market seems to have become relatively boring again.
As our very own Westie Capital put it, this could potentially be one of the biggest fumbles of this cycle.
With the halvening, we’ll likely see increased activity on Bitcoin, given that most runes (Bitcoin native tokens airdropped/emitted to ordinals) will unlock following the halvening. Might be a good idea to look into the Bitcoin ecosystem soon!
