Are We On The Verge Of A 4th Crypto Bull Cycle?

Plus DCA comes to CashApp and JK Rowling can't stop trolling

Happy Monday, Blockfolians

The Lede

So, a new bull cycle, eh? That’s the argument put forth by Andreessen Horowitz in a new blog post.

The argument boils down to this: increasing price leads to more chatter on social and other channels leads to more people bringing their talents to the space means more startups and projects. Makes sense, right?

The post looks at all three previous cycles and shows that, through local ups and downs, the march of innovation has continued unabated.

Pretty rad stuff.

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Highly Relevant Reading

A Really Big Number We Should Be Paying Attention To

$17,000,000

That’s the size of the latest venture round for institutional crypto trading firm FalconX, backed by Accel and Coinbase among others


Final Thought

J.K. Rowling is truly a master troll.