gm Bankless Nation, Wall Street took a moment to breathe easy Tuesday as markets cooled down. While crypto also showed signs of recovery, top tokens are still down bad on the week. Today's Issue ⬇️ - ☀️ Need to Know: Bounce Back?
Institutions buy the dip. - 🔒 Market Vibes: Recovery Mode
Coins fight the sell-off / GFI rating. - 🧪 Analysis: 5 Reasons Not to Dump
Don't let fear get the best of you. - 📺 Latest Pod: Constitutional Crypto
Do we have a right to own crypto assets?
Sponsor: Kraken — Sign up for an account and see what crypto can be. . . . NEED TO KNOW Market Bounces Back? - 🏀 Crypto Markets Bounce After Disastrous Start to Week. Global markets bounced back Tuesday, but bulls aren't breathing easy just yet.
Read more on Bankless.com - 🇺🇸 Harris Chooses Minnesota Gov. Tim Walz as VP. The governor has not openly discussed crypto regulation but has taken limited steps in his home state.
Read more on Bankless.com - 👾 Ronin Network Recovers $12 Million from Bridge Exploit. Ronin bridge hit with another exploit, this time by security researchers.
Read more on Bankless.com
. . . MARKET VIBES Recovery Mode 📸 Daily Market Snapshot: Yesterday's panic subsided, at least briefly, on Tuesday and gave BTC and ETH some breathing room to push up from lows. Crypto's recovery has still proven much slower than Wall Street's. The Nasdaq Composite is down 2.4% from Friday's close to Tuesday's, while the Dow Jones Industrial Avg. has fallen 1.8%. Meanwhile, BTC has dropped 9.4% and ETH a whopping 17% during that same time period. Prices as of 5pm ET | 24hr | 7d | | Crypto $1.99T | ↗4.6% | ↘16.0% | | BTC $56,623 | ↗4.6% | ↘14.4% | | ETH $2,494 | ↗2.3% | ↘23.9% | | GFI $2.22 | ↗23.3% | ↘17.8% |
🔒 New Token Rating: Goldfinch (GFI) has strengthened by 50% since Monday! Is GFI’s outperformance cause for attention? . . . ANALYSIS 5 Reasons Not to Dump Your Crypto It's been a scary couple of days in crypto as the sector has seemed to front-run investor fear around the state of the global economy. Today's market action has already shown the virtues of patience, especially when it comes to unwinding deep conviction bets in new technologies. While crypto assets have shown resilience today and are bouncing upwards of 20% off of this most recent rout's lows, there's still plenty of fear in the market. Today, we dig into 5 compelling reasons not to smash the sell button 👇 FRIEND & SPONSOR: KRAKEN Kraken is one of the largest and most secure crypto platforms in the world. They've been in the crypto game for over a decade, and now they're inviting us all on a journey to see what crypto can be. . . . LATEST POD Constitutional Right to Crypto Do we have a right to own crypto assets? We brought in the perfect guest to walk us through the Constitution and Bill of Rights and make the case for our already existent constitutional right to Crypto. Richard Jackson is the Deputy AG for the State of Oklahoma for Technology & Digital Assets. He’s an economist, turned legal and crypto native, working to make Oklahoma the most crypto-friendly state in the union. 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. |
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