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Grayscale’s GBTC up 10% after hearing against the SEC
Lawyers for Grayscale and the SEC went before a federal appeals court Tuesday over the company’s proposal to launch the country’s first-ever Bitcoin spot ETF (exchange-traded fund.) Bitcoin spot ETFs aren’t legal in the U.S.— the agency has shot down over a dozen applications for one. So this case between Grayscale and the SEC is kind......
🥛 Bull & Bear Cases for ERC-4337
GM. This is Milk Road, the crypto newsletter that’s here for you like your closest friend. We’ll meet you at 3am with the shovel. #WeSawNothingHere’s what we got for ya today:Wtf is ERC-4337?Kraken is opening a crypto bankAmazon is launching an NFT marketplaceYuga nets $16.5M on Twelvefolds auctionToday's edition is brought to you by Franken......
🥛 5 major threats to crypto
GM. This is the Milk Road. The daily crypto newsletter with more legendary drops than a DaftPunk album. Here’s what we’re serving up to start the week:5 major headwinds in crypto Are NFTs making a comeback?Binance allegedly offered Gary Gensler an advisory roleToday's edition is brought to you by Consensus, the Milk Man's favorite crypto......
Yuga Labs made $16.5M in first Bitcoin NFT Twelvefold auction
Yuga Labs, the company behind the Ethereum-based Bored Ape Yacht Club NFT collection and the biggest player in the NFT world, just made 733 BTC ($16.5M) from its first-ever Bitcoin NFT auction. The top 3 winning bids out of the 288 NFTs, named Twelvefolds, were: 7.12 BTC ($159,954) 7 BTC ($156,963.8) 4.12 BTC ($92,384) The lowest......
3 Paths to a Trustless Future
GM DOers!Our current internet has no trust layer.In 1999 when I was 14 years old, I begged my parents to get this cool new thing called the internet. Why? Because I wanted to download music from Napster and burn CDs to impress girls. As a tall skinny teenager with big front teeth I needed all the help......
🥛 E-commerce 🤝 Web3
GM, this is Milk Road. The crypto newsletter that has better service than the US Postal Service. We actually deliver on Sundays.Let’s get right into the good stuff. Something BIG just happened… And no, it’s not another bankruptcy, scam, or hack. Don’t worry, no dirty talk today. *phew*Instead, we’re gonna talk about something that we......
🥛 The best investment strategy of the year?
GM. This is Milk Road. We’re like that first sip of coffee on a Saturday morning. Deep breath in... deep breath out... ahhhhhh.Here’s what we’re serving up today:Wanna bet against Jim Cramer’s stock picks?Numbers of the Day: Silvergate causes panicTether used phony docs to access accountsSHORT JIM SATURDAYTwo ETFs that track Jim Cramer’s stock picks......
Web3 Gaming is About to Go Mainstream
GM DOers!We’re back again with an edition of how to bribe users to use your platform! KIDDING! We’re all about providing value so that you return with joy and an open heart. ❤️Though that can’t be said about NFT Marketplaces, who indeed bribe users with airdrops so they opt for their platforms.Apart from legal, yet unsustainable bribing,......
🥛 A major crypto bank has the plague…
Gm. This is Milk Road, the tenderloin of crypto newsletters. Juicy, delicious, and no fat in sight.Here’s what we got for ya today:WTF is up with Silvergate?Will the Feds bring down the hammer?Funding Friday!IS SILVERGATE NEXT TO FALL?Silvergate-gate is here, y’all: the crypto-friendly bank might be the next domino to fall. Silvergate’s stock plummeted ~60%......
🥛 AI tokens are up big in 2023. Legit?
GM, this is the Milk Road. We break crypto records every day. Call us the LeBron James of the blockchain. “F*** man, thank you guys.” Here’s what we got for ya today:Are AI tokens the real deal or a big scam?Throwback Thursday: 2 tries left for $200MGraph of the Day: ETH energy use is way......
