ROLLUP: ETH’s Pectra Upgrade | $2T Stablecoin Push | Apple’s Crypto Breakthrough

ROLLUP: ETH’s Pectra Upgrade | $2T Stablecoin Push | Apple’s Crypto Breakthrough | Coinbase Buys Deribit! – Bankless

Market views

Bullish

BTC— Bitcoin has reached a significant milestone by surpassing $100,000, indicating a strong bullish trend in the crypto market.
ETH— Ethereum has shown strong performance with an 11% increase in a week, coinciding with Ryan Sean Adams' return to Bankless. The recent Petra upgrade, Ethereum's largest hard fork, has introduced significant improvements.
STABLES— The U.S. Treasury Secretary's supportive stance on digital assets and stablecoins suggests a positive regulatory environment for the sector.
COIN— Coinbase has made a significant acquisition of Deribit for $2.9 billion, strengthening its position in the crypto derivatives market.
UNI— Uniswap is praised for having the best trading execution technology among all blockchain platforms in crypto.
TRADFI— Traditional financial services firms, such as Charles Schwab, are considering entering the crypto space by offering spot Bitcoin trading, indicating broader adoption of cryptocurrencies in traditional finance.

Not investment advice.