Banks are moving into crypto and crypto companies are trying to become banks, so how does it all play out?
On this edition of the weekly recap, NLW looks at the brewing battle to be the bitcoin and crypto bank of the future. He looks at three stories reporting banks getting into crypto (BBVA, Standard Chartered and DBS) as well as crypto companies applying to become banks. Finally, he examines why this is happening right now, and what are the true stakes of the game.
This week on The Breakdown:
Bitcoin (BTC) $ 28,539.00
Ethereum (ETH) $ 1,812.97
Tether (USDT) $ 1.01
BNB (BNB) $ 329.90
USD Coin (USDC) $ 1.00
XRP (XRP) $ 0.448611
Cardano (ADA) $ 0.379951
Lido Staked Ether (STETH) $ 1,809.69
Polygon (MATIC) $ 1.16
Dogecoin (DOGE) $ 0.075477
Solana (SOL) $ 22.68
Binance USD (BUSD) $ 1.01
Polkadot (DOT) $ 6.32
Shiba Inu (SHIB) $ 0.000011
TRON (TRX) $ 0.068216
Litecoin (LTC) $ 80.81
Avalanche (AVAX) $ 17.59
Dai (DAI) $ 1.00
Uniswap (UNI) $ 6.34
Wrapped Bitcoin (WBTC) $ 28,539.00
Chainlink (LINK) $ 7.66
Toncoin (TON) $ 2.43
Cosmos Hub (ATOM) $ 11.86
LEO Token (LEO) $ 3.38
Ethereum Classic (ETC) $ 20.55
Monero (XMR) $ 154.69
OKB (OKB) $ 45.21
Bitcoin Cash (BCH) $ 133.04
Stellar (XLM) $ 0.093713
Filecoin (FIL) $ 5.84
Aptos (APT) $ 12.19
TrueUSD (TUSD) $ 1.01
Lido DAO (LDO) $ 2.36
Hedera (HBAR) $ 0.064036
Quant (QNT) $ 128.90
Cronos (CRO) $ 0.071309
NEAR Protocol (NEAR) $ 2.04
VeChain (VET) $ 0.023464
Algorand (ALGO) $ 0.229711
Stacks (STX) $ 1.19
Internet Computer (ICP) $ 5.17
ApeCoin (APE) $ 4.06
Fantom (FTM) $ 0.488768
The Graph (GRT) $ 0.150237
EOS (EOS) $ 1.16
The Sandbox (SAND) $ 0.661854
Aave (AAVE) $ 78.23
Decentraland (MANA) $ 0.612016
ImmutableX (IMX) $ 1.26
MultiversX (EGLD) $ 42.75
