gm Bankless Nation, Some long-awaited reassurance from Federal Reserve Chair Powell sent crypto markets surging. Can the market sustain the pump? Today's Issue ⬇️ - ☀️ Need to Know: Rate Cuts Incoming
Powell finally gets explicit. - 🔒 Market Vibes: Bullish Bounce
Rate cut rally / APT rating. - 🍎 Learn: Dig into Magic Eden
Check out our guide to the marketplace. - 🔒 Invest: Yield Opps
The yields we're watching this week.
Sponsor: Uniswap Extension — Say goodbye to pop-ups. Download today. . . . NEED TO KNOW Rate Cuts Incoming - ✂️ Jerome Powell Gets Ready to Cut Interest Rates. At a Jackson Hole summit, Powell signaled it would soon be time to cut rates.
- 🚀 Sony Introduces Soneium Ethereum L2. It's one of the biggest mainstream names to launch its own chain this cycle.
- 🇮🇳 WazirX Starts Rupee Withdrawals Following Major Hack. Crypto withdrawals are still unable to be processed after the disastrous attack.
. . . MARKET VIBES Bullish Bounce 📸 Daily Market Snapshot: Markets finally got their long-awaited signal from Fed chairman Powell that interest rate cuts are coming. The news sent markets climbing higher, with BTC pushing toward $64K and ETH climbing over $2,750. Prices as of 5pm ET | 24hr | 7d | | Crypto $2.24T | ↗ 4.9% | ↗ 7.7% | | BTC $63,690 | ↗ 4.0% | ↗ 7.4% | | ETH $2,755 | ↗ 5.1% | ↗ 5.5% | | APT $7.15 | ↗ 11.0% | ↗ 20.2% |
↗️ New Token Rating: Aptos has ripped 60% off its August lows. Is it time to bid APT? . . . LEARN Dig Into Magic Eden This week, Magic Eden turned heads with its ME token announcement. The NFT marketplace has had a crazy run challenging OpenSea's dominance, and we've been following along with it every step of the way. If you're new to the project, there's never been a better time to check it out than through our latest update to the Magic Eden Bankless Guide. Check out the free guide 👇 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. . . . INVEST This Week's Yield Opps Each week, Citizens get a curated list of yield opportunities that the Bankless team is watching. As a free subscriber, you're missing out! 👇 . . . 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. |
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