ROLLUP: Bitcoin All-Time-High, Is ETH Next?
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Bankless Station is the July. It is time for the Bankless Weekly Roll Up. We got Bitcoin all time highs, David. We made it. We did it. It's been what? Eight weeks since an all time high, something like this? About
that. Yeah. And we were just watching it go higher and higher and higher. So as I am speaking this sentence, there is yet another Bitcoin all time high Different from the first all time high that started when you started that sentence just a moment ago. That's
the that's the way we like it. Also, David, there's a big sentiment shift I'm feeling in Ether, the asset this week. Okay? There we've got ETH treasury companies taking center stage, a bunch of big announcements, ETH on mainstream finance on a daily basis, getting that Bloomberg, getting that CNBC. But the question is, is this gonna translate into a big price move? Okay? We got a price move on the week, but was it big enough? Not big not as big as it should be, I think. So we're gonna talk about that too.
The word that we're looking for is idiosyncratic, and that is not yet what we have. It's what we all want, an idiosyncratic move in ETH. We don't have it yet. We it's going up. It's going in the right direction. Yeah. Not quite there yet. We're gonna also talk about the pump ICO that is starting this week on Saturday. The pump ICO will open up on exchanges. Apparently, the private sale for the pump ICO is completely sold out. And so the public sale to just investors on exchanges opens up on Saturday. We're gonna talk about at $4,000,000,000, is Ryan a buyer or a nonbuyer of the pump token? We
David, let's start with prices. Bitcoin all time high week. Okay. This could be a new all time high by the time Bankless listeners are listening to this, but what do we got at the time of recording?
Man, we haven't had an all time high in about two minutes and fifteen seconds. We are currently coming in at $113,000.562 for a Bitcoin. The new all time high happened about, yeah, three minutes ago. $13,820. $820. That's pretty good. We we're up, like, $3,000 in the last, like, hour or so.
Yeah. It was good. It's good to break that, you know, a 100 to a 110 range that we've been, like, range bound bound, like, in for a long time. We finally broke through that. Also, this weekend, which is kinda interesting, it was all over crypto Twitter. The Bitcoin whale woke up and moved some assets. Alright? Mhmm. I saw this on, I think it was the day after the July 4. Right? We had a long weekend here in in The United States Of America. And, I think this was on Saturday. This started to to happen, which was a really early address, Bitcoin address. I think we're talking, like, circa 2010. 20
And suddenly HODLing Bitcoin for thirteen years up to $8,600,000,000.
$8,600,000,000. And, of course, when this amount moves with one of those early addresses, like, everybody takes notice. There were a lot of rumors about this. Some people were saying, oh, well, maybe the the whale was worried about you had some quantum fears. And, of course, like, early Bitcoin addresses are susceptible to a quantum attack in a way
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