Happy Tuesday, Blockfolians
Welp, it finally happened. After weeks of flirting, Ethereum punched over $1420 per ETH - the previous ATH on Bitstamp and the consensus number for the community.
There was much rejoicing in ETH Land. Daily Gwei publisher Anthony Sassano returned from his self-imposed exile.
There is a lot of taking in the moment going on - just as there was a few weeks ago when Bitcoin cleared its all-important barrier of $20,000.
There will be much to explore, debate, and build in the months to come, but for now, 2021 continues to crush.
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Highly Relevant Reading
Bank of America survey says bitcoin is the most crowded trade
Yellen says crypto a concern for terrorist financing during her confirmation hearing
…Yet criminal transactions fell sharply in 2020
Binance burns $165M in BNB - it’s largest burn ever
Just to reinforce that this is now a battle we’re going to be fighting again
Brian Brooks - former Acting Comptroller of the Currency - shares his thoughts on the way out
A Really Big Number We Should Be Paying Attention To
It’s only appropriate that a new ETH ATH should come with a new ATH in total value locked in DeFi
An accurate portrayal of most mainstream analysis