Who Launches Fiat Onramp As Memecoins Surge?

Key Takeaways

• The banking crisis continues with more rate hikes. It’s not over.
• Payments provider Stripe expands access with new fiat onramp. Bullish.
• Bitcoin transaction fees surge as Ordinals drive up the demand for blockspace.
• Memecoins steal the thunder with strong gains. This won’t last.
• U.S. President Biden proposes an incremental tax on crypto miners up to 30%.
• Sui launches with a surge and Blur announces an NFT lending product.
• Voyager’s deal with Binance is dead. Affected users may get 36% of their crypto back.
• We look forward to testnets for Ethereum layer 2s and a crypto conference in Sydney.