We're back on track 🚀
Grayscale's sales are slowing down, Fidelity is on the rise, but Popa Powell is not confident enough. 🤷🏻♂️
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 - $42,236.23 is UP 5.5% in the last 7 days
$ETH - $2,272.74 is UP 2.2% in the last 7 days
We are pretty much back in the game again! After a week of momentary losing the $40k bitcoin is again at almost $43k! This movement could be mainly explained by the Grayscale ETF Outflows slow. Conversely, Popa Powell stated that the Fed is still not confident about identifying March as the time to cut by the March meeting,
🗞️ The News
Visa enables crypto withdrawals on debit cards in 145 countries
Fidelity Bitcoin ETF rakes in reported $208M, offsetting Grayscale outflows alone
FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange
🤓 What am I learning?
This week I’m deep diving into the modular architecture, and specifically about Data Availability Layers.
A Data Availability Layer is a component of the modular architecture designed to store data associated with transactions, smart contracts, and other activities, making it readily available to all nodes in the network. This layer plays a crucial role in maintaining the consistency of the blockchain's state and in preventing various attacks and vulnerabilities.
On of the top projects in this space is Celestia. I’ll be covering this project and others in the future so stay tuned!. Let me know if you’re interested!
🆒 Cool Stuff from the Week
🎧 Podcast episode I’m listening to:
This one has a bit of a clickbait title, but coming from the Tim Ferriss Show, it's quite a good one! A deep talk with Noah Kagan, the founder of AppSumo! Here’s the video version.
🤔 Quote I’m pondering:
"Ignorance is the cause of fear." - Seneca
📚 What am I reading (or watching):
👀 Latest Vitalik’s post on The promise and challenges of crypto + AI applications. If you're looking for a distilled version in a thread, check this one out. 🧵
I finished Courage is Calling and picked up Feel Good Productivity by Youtuber Ali Abdaal who actually inspired me to start this newsletter! 💪🏻
🫵🏻 One question for you:
What are you over-emphasising right now?
Thanks for reading 🙏🏻. Don’t forget to leave any feedback if you have on the comment section!
See you next week!