Happy Wednesday, Blockfolians
Well, JP Morgan may have had their upcoming Bitcoin product revealed this week, but that didn’t stop them from also singing the praises of ETH in their latest research report.
The report is called “Why is ETH Outperforming?” and man, just look at this summary:
Get ready for more and more discussion about ETH as a macro asset. Right now, it feels inevitable.
Michael Tant @MichaelTant3European Investment Bank is issuing 2 year digital bonds on Ethereum through Goldman, Santander, and Societe. Wow. @GoldmanSachs #Ethereum @RaoulGMI https://t.co/kaQIrZ9C9V
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Highly Relevant Reading
Doge pumps on Elon’s latest tweet (obviously)
Polygon launches $100m DeFi adoption fund
Alchemy, an AWS for crypto/DeFi, raises $80m
Fed Chair Powell sees “froth in the markets”
This is a good debate
Ben Hunt @EpsilonTheoryWhat made Bitcoin special is nearly lost, and what remains is a false and constructed narrative that exists in service to Wall Street and Washington rather than in resistance. The Bitcoin narrative must be renewed. And that will change everything. https://t.co/eDBp3Xrv1a
More good thoughts on Tesla’s Bitcoin sale
A Really Big Number We Should Be Paying Attention To
That’s how up Dogecoin mining is this year