👀 We won

GM everyone. This is 2036, the crypto newsletter that pays you.

Today is Favorite Friday, where we serve up the resources we most enjoyed this week 🍲.

So if you're looking for content to dig into this weekend, this is your list...

🥢 Our Favorite Resources

What we most enjoyed this week

1/ Judge rules Ripple is not a security. 

This is it, ladies and gentlemen - the most important court decision all year.

Yesterday, a US court decided that Ripple (XRP) is not a security.

Now, there are some nuances to this. XRP sold to institutions were indeed securities. But XRP sold to individuals on exchanges were not.

This is a huge win for crypto. For months, the SEC has been coming after:

• individual coins ($SOL, $MATIC, etc.) for potentially being securities

• exchanges (Coinbase, Kraken, etc.) for illegally selling these unregistered securities.

But it looks like that won’t be the case anymore.

If XRP isn’t a security, most other coins won’t be, either.

This means exchanges like Coinbase no longer have the threat of being sued for selling unregistered securities.

The market ripped on the news. 

In the last 24 hours…

1/ XRP is up +85%. It was re-listed on Coinbase.

2/ SOL is up +32% as it will likely not be considered a security either.

3/ Coinbase stock ($COIN) is up +25% as the threat of legal action from the SEC for selling unregistered securities goes away.

4/ Although Bitcoin and ETH are “only” up +3% and +7%, GBTC and its Ethereum cousin ETHE are up +8% and +21%, respectively.

The SEC is losing, and the approval of a bitcoin ETF is even more likely now. But it looks like investors are already betting on a potential Ether ETF 👀

What a day.

And when we thought it couldn’t get better, Europe’s first Bitcoin ETF was announced yesterday.

It will launch this month…

If you want to understand the big picture of where crypto is going, check out:

2/ Raoul Pal’s crypto macro thesis

Raoul Pal is a regular feature here at 2036. He breaks down complex macro narratives like no one else.

This week, he released his latest thoughts on crypto and where prices are going for the next 18-24 months.

You might have to create a free account to watch it, but it’s 100% worth it.

3/ And if you love charts…

… then you’re absolutely going to love this.

4/ Naval’s takes on crypto

Naval Ravikant is one of the most prominent and insightful VCs in Silicon Valley.

He is a strong believer in crypto, too. Here are some of his thoughts on the asset…

🐦 A couple of Tweets we found interesting

The best of the bird

🏆 The winner of this week’s task

Earn $15 in SOL for opening a phantom wallet

Thank you to everyone who participated in this week’s task.

Here’s a list of all the participants as well as the winner.

Congratulations to the winner 👏 - your $15 in SOL are on their way.

Paid tasks will resume next week.

🖼️ Crypto meme of the day

From across the world wide information superhighway