Crypto Markets Fight Back gm Bankless Nation, Investors seemed to shrug off fears of an economic slowdown on Thursday, with crypto seeing gains across the board. Today's Issue ⬇️ - ☀️ Need to Know: Cases Closed
Ripple finds closure, FTX to pay up. - 🔒 Market Vibes: Crypto Fights Back
Bitcoin roars back / AERO rating. - 🏃♂️ Tactic: Short Solana Memecoins
How to bet on memecoin downfalls. - 📚 Learn: What We're Reading
Our favorite reads of the week.
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Sponsor: Kraken — Sign up for an account and see what crypto can be. . . . NEED TO KNOW FTX Ordered to Pay $12.7B - 💸 FTX & Alameda Ordered to Pay $12.7B to Customers. The order bans both firms from further trading of digital assets.
- 📈 XRP Pumps As Ripple Trial Ends with $125M Fine. The SEC's planned mega-fine was slashed considerably by a federal judge.
- 👾 Blast's Top Memecoin Abandons the Chain for Solana. Pacmoon is migrating chains, upset with Blast's team over a lack of support.
. . . MARKET VIBES Crypto Fights Back 📸 Daily Market Snapshot: Wall Street rebuked bears on Thursday, with indexes gaining big off of investor fervor over declining jobless claims. Crypto popped, with BTC reclaiming $60K and ETH pushing above $2,600. Both assets were still down on the week, yet are up considerably off of the week's brutal lows. Prices as of 6pm ET | 24hr | 7d | | Crypto $2.12T | ↗ 8.3% | ↘8.2% | | BTC $60,835 | ↗ 9.8% | ↘6.2% | | ETH $2,627 | ↗ 11.4% | ↘17.2% | | AERO $0.72 | ↗ 12.0% | ↘10.7% |
🔒 New Token Rating: Aerodrome is the largest DEX on Base and boasts strong revenues. Is AERO a buy even amid the downturn? . . . TACTIC How to Short Solana Memecoins It's been a volatile week for crypto, and traders have been busy – even memecoin traders. Dumpy.fun lets you short memecoins to potentially profit from their price declines. In other words, users select a memecoin they believe will drop in value and can apply leverage to increase potential returns, though this also increases risk. Underneath the hood, the platform borrows assets via Save and swaps them using Jupiter, the popular Solana DEX aggregator. Here's how to get started 👇 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. . . . . . . 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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