Happy Monday, Blockfolians
If you’ve been anywhere near crypto Twitter today, you’ll have noticed that the total market cap of the industry has exceeded $2T.
That’s a phenomenal thing to see, given how recently we crested $1T.
It also has some claiming we’re at the verge of a new Alt Season. Yup, if you thought that term was going away this cycle, we’ve got some bad news.
With the Coinbase IPO right around the corner, it feels like we’re still heating up.
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Highly Relevant Reading
Grayscale intends to convert Bitcoin Trust into an ETF
The IRS is coming for your crypto
A Gucci NFT?
MicroStrategy won’t stop buying bitcoin
One of the many flippenings: global crypto financing networks > VC
A Really Big Number We Should Be Paying Attention To
That’s the number of active nodes on Bitcoin’s Lightning Network
A good list of resources