The chapter analyzes the market confidence levels for Bitcoin and Ethereum, noting a 5% increase in Bitcoin confidence and a 2% decrease in Ethereum confidence. It discusses the challenges Ethereum faces with regulators and transitioning to layer two solutions, contrasting it with the regulatory approval benefit enjoyed by Bitcoin. The chapter also delves into the implications of inflation numbers, the resurgence of meme stocks like GameStop, and the increasing involvement of institutions in Bitcoin investments.
The Bankless Friday Weekly Rollup
Third Week of May
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