$10,000.

Plus a whole bunch of DeFi milestones and announcements

Happy Monday, Blockfolians

The Lede

And seriously, we mean HAPPY MONDAY. You may have been getting Blockfolio alerts all morning about the surging price of bitcoin and as of the time of writing, it’s still looking great around $10,800.

Here’s what some of our friends had to say about it:

And of course, the take you knew was coming.

In all seriousness, as fun as price action is, these types of days are a highly enjoyable but ultimately inevitable consequence of all the building that happens in between. Keep your heads down and continue to believe, act and do like you have been and this is just one more day on the way to something much, much greater.

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Highly Relevant Reading


Community Commentary

Speaking of FTX, CEO Sam does another of his epic DeFi threads
Whoa, check out this livestream of a meeting with Wyoming regulators discussing DAOs

A Really Big Number We Should Be Paying Attention To  

80%

That’s the amount that Silvergate Bank’s bitcoin-backed lending program grew last quarter. D-E-M-A-N-D.


Final Thought

It’s Ethereum’s 5 year anniversary and CoinDesk is doing a ton of coverage right now. Check it out here.