A Tale of Two Dips

Happy Friday Blockfolians

The Lede

At least it would have been a Happy Friday if it weren’t for that insane dip last night. That was obviously the second big dip of the week, and it got people right in the feels.

Others were spending time comparing the two dips and noting the differences.

Still, Bitcoin did us all proud and wasn’t content to stay below $50,000 for long.

Stay strong out there!

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Highly Relevant Reading

  • A fourth ETH ETF goes on sale in Canada

  • SEC begins formal review of another Bitcoin ETF

  • USDC blacklisted 7 wallet addresses this week

  • Paxos gets an OCC charter to be a bank


Community Commentary

The times they are a changing
LOTS of chatter about Biden’s tax plans today

A Really Big Number We Should Be Paying Attention To

2%

That’s the current size of the Kimchi premium in South Korea, down from 20% over the weekend


Final Thought

Perfect.