Genesis Wins Court Ruling to Sell Tranche of GBTC Shares Genesis Global, a defunct cryptocurrency brokerage firm, has won a legal dispute and received approval to sell 31.2 million shares of Grayscale Bitcoin Trust (GBTC), worth more than $1.2 billion. Genesis has been determined the sole owner of millions of GBTC shares. Their intended sale to reimburse creditors
Obama Likes BTC to be Impenetrable
Biggest Tardfi Fool Award goes to?
Saifedean on Treasuries vs BTC
How Americans Could Have Saved $74BN
L1 L2 Delta’s This Week TVL ETH wins TVL, APTO wins DAU FTM wins weekly commits, DADevs FTM ramping up DAU matic and TX APTOS
SOL Outage
Liquid Staking Keeping ETH Afloat
New Gets Overtaken by Newer! U can see here in late 2021 SOLANART owned then day, then opensea took over in 2022 now it is all TENSORSWAP - art rights matter
Coinbase Base more Traders than Any L2
Bonk Rises 30% After Staking Talk
Farcaster - New and More DAU than ADA Farcaster is a “sufficiently decentralized social network built on Ethereum”, which needs to be distinguished from the Warpcast application that’s been touted as the “decentralized Twitter,” which is a Farcaster client. The meteoric rise in popularity of the application has been driven by the launch of Frames, a feature that allows users to create interactive and authenticated experiences on Farcaster.
Farcaster - new Crypto X Farcaster's Position Among Decentralized Platforms: Despite launching in 2020, Farcaster lags behind larger decentralized social media platforms like Mastodon, with 8.7 million users, and Bluesky, nearing 4 million users, only having tens of thousands of users. However, the wider crypto community has recently shown increased interest in Farcaster as an alternative to traditional social media platforms like X (formerly Twitter), especially for crypto discussions free from spam and inappropriate content.
Crypto Community's Exploration of Web3 Platforms: The acquisition of X by Elon Musk has spurred the crypto community to explore Web3 platforms seeking a better environment for crypto discussions. Despite various platforms gaining temporary popularity, none have truly succeeded in retaining a significant user base, with many becoming wastelands or failing after initial interest spikes.
Farcaster's Unique Crypto Focus: Farcaster, despite its smaller user base, is emerging as a potential new hub for the crypto community, integrating crypto into various channels beyond its primary focus. This pervasive crypto integration, even in non-crypto channels, suggests Farcaster's potential to become a central platform for crypto discussions, riding on current crypto enthusiasm and a more favorable climate for cryptocurrencies.
Stocks For the Week Strong w Exceptions Huge weeks for AMN META and NVDA - tesla redounbed a bit but still far off the others - AAPL GOOG took a hit on earnings warnings.
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TeraWulf BTC Miner Online TeraWulf Starts Nuclear-Powered Bitcoin Mining With Nearly 8,000 Rigs at Nautilus Facility The miner also said it expects to reach 5.5 EH/s of computing power across its two sites by early in the second quarter.
Tesla Windfall! $5BN in Warranty Provisions From TESLA LARRY First is the annual warranty provisions vs actual warranty costs and the accumulated provisions for the last 5 years.
