Sponsor: Uniswap Labs — Uniswap Labs launched a $15.5 million bug bounty to help secure V4.
It was another week of making history as Bitcoin surged past $100K for the first time. Continued ETF flows and excitement about President-elect Donald Trump's pro-crypto policies mixed with a strong injection of leverage to push Bitcoin over this psychological hurdle and into the headlines. Trump himself hailed this as a validation of his campaign promises to make the U.S. the crypto capital of the world.
Passing another major milestone, though not an all-time high, was Ethereum, which on Friday crossed the $4K mark. The fuel for ETH’s rise also came from ETF inflows, which reached as high as ~$425M on Thursday, dispelling worries that “Wall Street doesn’t understand ETH’s value prop.” Overall, this week marked another turning point for crypto, which many believe will have retail knocking on our doors soon.
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