BlackRock going DeFi? Halving is a month away!
This week BlackRock deployed a tokenised fund on Ethereum. 😲
Hello, friends 👋🏻 Another week has gone by in Crypto land. Let's see what this crazy land has been all about!
Crypto Stuff 🚀
📈 The Markets
$BTC - $67,259.40 is DOWN 8.6% in the last 7 days
$ETH - $3,530.33 is DOWN 11.4% in the last 7 days
The cryptocurrency market has experienced high volatility, as many anticipated.
We witnessed a drop in prices across all cryptocurrencies. This decline followed the exhaustion of the bull rally, with Bitcoin dipping back down to the $60k range.
However, things are looking up again, with Bitcoin's price recovering to $67k. This resurgence comes with only 31 days left until the anticipated Bitcoin halving event, estimated to occur on April 22, 2024.
In terms of positive developments, the excitement continues to build. Blackrock has announced the launch of a new digital fund based on blockchain technology. Additionally, there's increasing pressure on the SEC to classify Ethereum as not a security, among other noteworthy updates.
It's an exciting time for the crypto market, with many bullish signals indicating potential growth ahead!
🗞️ The News
🔥 BlackRock Enters Asset Tokenization Race With New Fund on the Ethereum Network
🔥 Ethereum Foundation Receives Enquiry From Unidentified Government Entity
🏦 Institutions Accumulate Bitcoin Despite Recent Market Volatility
🚨 Security Stuff
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🆒 Cool Stuff from the Week
🎧 Podcast episode I’m listening to:
On bull market, I’m more switched on with whatever happens in Crypto, and this means this week I also tuned into Bankless podcast to hear The 7 Most Bullish Crypto Narratives.
🤔 Quote I’m pondering:
“To be everywhere is to be nowhere.”― Lucius Annaeus Seneca, Letters from a Stoic
🫵🏻 One question for you:
Is it better to delay getting started by weeks or months so I can be fully prepared?
Or is it better to start right now with little to no preparation?
Thanks for reading 🙏🏻. Don’t forget to leave any feedback if you have on the comment section!
See you next week!
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