Join Our 800,000+ Community
DAOs became more prevalent and influential, my favorite, ConstitutionDAO, where an anon community was able to raise $40M+ in a few days to bid on an original copy of the US constitution. Sadly, they lost to Hedge Fund billionaire Ken Griffin of Citadel, but the feat was remarkable.
El Salvador adopted Bitcoin as a legal tender and now the leader trolls social media by buying the dips.
LATAM countries are exploring bitcoin-backed bonds, will be interesting for the fixed income marketplace.
Anchor Protocol as $6B+ in TVL and still finds ways to offer 20% yield on UST, I would check this out. Better than keeping money in a traditional bank earning less than 1%, especially when inflation is at a 39 year high of 6.8%.
Meme communities remain strong: look at Doge in the first half of the year followed by Shiba in the second half of the year
China banned Bitcoin again…but Bitcoin remains strong. I think people have stopped caring about what China does in relation to digital currencies.
GPU shortage, in part, because mining was very profitable in Q2’21. Main reason is supply shortages and logistical issues of COVID-19.
Elon flip flopped on Bitcoin, seems to like Doge, and who knows what else is in store for 2022. My guess, solar-powered bitcoin mining rigs on Mars…
Jack Dorsey has stepped down from Twitter, rebranded Square to the Block, and is expected to focus on building within the crypto space.
Investment Associate | Ember Fund
Thank you for reading!
Don't forget to come into the app tomorrow to continue learning about crypto!
November 21, 2022
Welcome to the October 2022 Recap Newsletter! We hope everyone is safe & sound. Despite November being one of the wilder months in a while (given all the news), last month was a strong one for crypto.
November 16, 2022
The Ember team is proud to announce the launch of our latest investing feature: Recurring Deposits
November 15, 2022
With all the news around FTX, we felt it would be helpful to run through what non-custodial wallets are and why they’re important.