Weekly Pill — Volume 017
TL;DR
- ETH ↑1.6% to $3.8k and BTC ↓2.5% to $68k
- ETHBTC ↑10% at 0.056
- Get Paid to Borrow Bitcoin — Round 3
- ETH ETF Approval and BTC on the Balance Sheet
ETH/BTC Market Snapshot
After last week’s ETH ETF announcement saw ETH pump by over 30% and BTC by almost 15%, this week has been quieter with ETH up 1.6% to $3.8k and BTC down 2.5% to $68k. As a result, ETHBTC continues its recovery ↑10% to 0.056
Get Paid to Borrow Bitcoin — Round 3
In case you missed it, we are back this month with another 11 stETH of rewards for opening eBTC CDPs with ETH or WETH.
Get Paid to Borrow Bitcoin👇
Dose of ETH
Chris Burniske highlights the bullishness of an ETH ETF on $ETH price if the flows are comparable to the BTC ETF, based on relative valuation and issuance of ETH.
With the approval of the ETH ETF, $ETHBTC is entering a new chapter.
Check out our beautiful animated history of ETHBTC 👇
Dose of BTC
Following in Microstrategy’s footsteps, Semler Scientific, a health tech company, has also embraced #Bitcoin as its main treasury asset.
Semler acquired 581 Bitcoin valued at $40 million.
The company’s stock is up over 30% today on the news.
Last week, we celebrated #BitcoinPizzaDay in honor of the first purchase of a real-world object with cryptocurrency.
What are you planning to buy with your Bitcoin?
Security Spotlight
Security doesn’t stop at launch. Badger is running a post-launch bug bounty with Immunefi for up to $100k.
