| gm Bankless Nation,
With investor enthusiasm in AI cooling, the underlying technology still continues to improve and gain adoption. What comes next? Today's Issue ⬇️ - ☀️ Need to Know: SEC Nips SOL ETFs
Back to square one for the prospective issuers. - 📊 Market Vibes: Stocks Breathe, Alts Play
Stocks cool as mid-cap tokens warm up / CANTO rating. - 🧪 Analysis: AI Bubble Bursting?
Why there's still hope for AI coins. - 🎧 Early Access: Why Is ETH Down?
Kyle Samani on ETH's recent struggles.
p.s. Thanks to Kelp DAO. Gain by Kelp DAO helps maximize rewards for ETH holders! Access L2 and restaking rewards with a single click, while unlocking DeFi with Gain receipt token agETH across Pendle, Balancer, and more!
Sponsor: Uniswap Extension — Say goodbye to pop-ups. Download today. . . . NEED TO KNOW SEC Nips SOL ETFs - ❎ The SEC refuses Solana ETFs. The U.S. securities watchdog declined two prospective Solana ETF filings via Cboe BZX, reportedly over the agency's view that SOL is a security.
- 🤔 Mango DAO considers SEC settlement. The community of Solana DeFi platform Mango Markets is voting on an SEC settlement offer that would entail paying fines and destroying its MNGO token holdings.
- 🌽 Corn enters the limelight. Corn, a new Ethereum L2 that plans to use a tokenized version of BTC as its gas token, announced a $6.7 million seed round and its early access and pre-mainnet airdrop plans.
. . . MARKET VIBES Stocks Breathe, Alts Play 📸 Daily Market Snapshot: The stock market took a breather today after 8 straight days of gains ahead of the Federal Reserve's Jackson Hole Policy Symposium, at which guidance for lower interest rates is expected to be announced. While crypto majors are moderately in the red, with markets selling off after an early morning rally, many mid-cap tokens are holding out green. | Prices as of 4pm ET | 24hr | 7d |  | Crypto $2.1t | ↗ 0.9% | ↘ 1.4% |  | BTC $59,427.61 | ↗ 0.7% | ↘ 2.1% |  | ETH $2,599.98 | ↘ 0.3% | ↘ 4.0% |  | CANTO $0.039 | ↗ 3.5% | ↘ 43.0% |
❇️ New Token Rating: The DeFi-oriented Canto network is continuing its journey to new all-time lows despite 3x-ing last week. Is the bottom already in, or is CANTO destined to resume its down-only trend? . . . ANALYSIS Is the AI Bubble Bursting? Remember the good old days of late 2023, when AI coins and stocks were the hottest thing? Well, those days are gone – for now. The market has cooled its jets, leaving many investors wondering if the whole AI thing was just a flash in the pan. It’s easy to get caught up in pessimism. Even the mighty Nvidia stock price has stumbled. But I’m here to tell you that there’s still hope for AI coins. If we switch to our techno-optimistic glasses for a moment, we’ll see that while investor enthusiasm in AI has cooled, the underlying technology continues to improve and gain adoption. Let’s take a closer look at the current state of the AI sector 👇
FRIEND & SPONSOR: UNISWAP Say hello to the Uniswap Extension, the first wallet to live in your browser’s sidebar. Swap, sign, send, and receive crypto anywhere on the web without dealing with pop-ups. Designed for a multi-chain world, with support for 11+ networks. . . . EARLY ACCESS Why Is ETH Down So Bad This Cycle? SOL/ETH is up 300% YoY and ETH/BTC is down 50% over the last 2 years. Why is that? Why is ETH underperforming so badly? Kyle Samani is the Managing Partner & Cofounder at Multicoin Capital. Kyle and Multicoin have been one of the largest investors and proponents of Solana. They have been spearheading the "integrated blockchain" investment thesis even before the success of Solana redefined that corner of crypto. This episode is not intended to be a debate like the Anatoly vs. Justin Drake one. Ryan and David are mostly going to sit back and hear Kyle’s perspective and reasoning as to why ETH has been down so bad in this crypto cycle. Hear all of the analysis 👇 . . . GO BANKLESS Don't Miss Another Airdrop! Thousands of Bankless Citizens scored an average of $3,500 worth of tokens after Ether.fi's airdrop. Did you miss out again? Ether.fi was in the Bankless Airdrop Hunter, and you could have gotten into the latest drop by following our quests! There are nearly 100 other crypto protocols in Airdrop Hunter waiting for you. | 
Hello guys and welcome to my blog, I tried to find one working faucet collector crack and here it is. Just download this crack, install d...
No comments:
Post a Comment