ACE’S TAKE:
Which bear market primitives and narratives have staying power into the next bull market? GambleFi and Telegram bots certainly have attracted crypto native speculators and are achieving product market fit. Gambling/speculating go hand in hand and Rollbit’s online casino, leveraged products, and overall good UX has become a powerhouse. Unibot has built a telegram bot that allows users to buy new tokens and conveniently trade from their phone app. They’re also building a Dashboard for onchain token trading called UnibotX and are providing early form of account abstraction.
Also, web3 social made a splash with the launch of Friend.tech on Base this week. Download the webpage app to your mobile phone and trade shares of your favorite crypto personalities.
Also, @thenascribe and I launched an official Marathon Mondays podcast on Spotify. These are recordings of our weekly Twitter spaces.
MARKET:
The sideways market resumed after the Bitcoin spot ETF from Ark Invest was delayed by the SEC. Not much to say about majors, but memecoins, telegram bots, and gambling DApps (Rollbit) have been getting all of the action.
NEWS:
BTC Spot ETF delayed, but it’s not a rejection:
Biggest adoption news for Ethereum and stablecoins in a while:
BTC Spot ETF likely delayed:
SBF Bail Revoked, Heading to Jail:
REGULATORY:
RUGS:
$1.1m stolen from Steadefi:
POD O’ THE WEEK:
The Curve exploit explained:
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None of this is financial advice