Yano 🟪
@JasonYanowitz
co-founder @blockworks_ building @blockworksres | @theempirepod | @blockworksDAS
1/ There are 4 phases of a bull market. Buckle up, we just entered the most fun phase. Welcome to Stage 3 🧵
Get in taxi. Driver is on the phone with Western Union clearly frustrated. They go back and forth for 20min. Brutal call. Finally it ends. Driver tells me this happens weekly. He sends $100 to Haiti every Friday but it rarely processes so he has to call. Western Union…
I have been critical of treasury companies. But this is the right argument. Premium to NAV arbitrage won’t last for most. But if you have a strong onchain business, why wouldn’t you give equity-only investors easy access. 1x NAV with inflows is better than no access at all.
Seems as though the DAT phenomenon is quite divisive, wanted to share some thoughts on why we thought this was a worthwhile pursuit:
Great roundup. We covered DATs, Pump, perps market, return of NFTs, and crypto as a service. @HadickM making a strong bid for Empire co-host.
I love that Justin Sun wore a literal tuxedo to ring the bell at Nasdaq
REV prediction markets are now live on Kalshi. Cool to see our data used in official CFTC contracts.
The part of the cycle when public companies add Punks to their treasuries
GameSquare has acquired the iconic Cowboy Ape #5577 CryptoPunk from DeFi pioneer @rleshner in a $5.15M strategic investment. We also added $10M of ETH to our treasury, bringing total Ethereum treasury holdings to over $52 million.
We have @IOHK_Charles on the pod tomorrow. The main thing I want to understand: How does he get every Uber driver to love Cardano!?
Cohort 3: Euler, dYdX, ZKsync, and Layer Really interesting treasury wallets, team wallets, legal docs, equity/token relationships, and more disclosed in this one.
0/ The third cohort of the Token Transparency Framework is LIVE. This round we welcome Euler dYdX ZKsync Layer 3 These teams are elevating the industry's disclosure norms. Let's dive into the details...
Massive win. PNC gets crypto trading via Coinbase (crypto-as-a-service). Coinbase gets banking services via PNC. This comes just one day after JPM saying they'd consider crypto backed loans. Every bank is now sprinting on their crypto strategy.
Ethereum ETFs going parabolic with 80% flowing into BlackRock
Old enough to remember the KFC Bitcoin Bucket
"One of the unsung heroes of the GENIUS lobbying fight was a very plucky group of KFC franchisees who...talked about how stablecoins can drive down the cost of payments and interchange," @AlexanderGrieve said blockworks.co/news/kfc-franc…
Best Avalanche data in the industry 🔺
1/ We've made our Avalanche dashboard publicly available! It covers financials, DEX activity, staking, L1 chains, and more. Here's a quick peek - L1 active chain growth 24 -> 40, L1 usage is up 300%, weekly DEX volumes passed $1.2B.
NEW POD: Takeaway from DC Crypto Week @RebeccaRettig1 and @AlexanderGrieve covered the impact of the three big bills: GENIUS, CLARITY, and CBDC Highly recommend if you’re building or investing in US crypto.
The legend @novogratz coming on the pod this week. Talking Galaxy, living a risk on life, trading these markets, treasury vehicles, cycles, and more. What else do you want to know?
NFTs moving like there are NFT treasury vehicles on the horizon
Hit 5k followers at Blockworks and you get the official B next to your name. Please help me welcome our newest members of the B. Podcaster and scoop extraordinaire @whosknave Fearless research leader @_ryanrconnor Data wizard @fergmolina Follow these chads.
