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Daily Brief

Back to Blast?

Citizen Brief: gm, ETH sentiment is looking rough, but we've got some tasty opps in today's Cheat Sheet worth checking out.
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Jan 30, 2025 • 3 min read
Back to Blast?
Published on Jan 30, 2025
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Sponsor: Uniswap Labs — Uniswap Labs launched a $15.5 million bug bounty to help secure V4.

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NEED TO KNOW
Rate Pause Pop
  1. 📈 Bitcoin Surges as Fed Maintains Interest Rates. The Fed delivers on analyst expectations despite Trump calling for further cuts.
  2. 🐙 Kraken Relaunches Staking in the U.S. The exchange's new staking offering goes the non-custodial route.
  3. 🗳️ Danny Ryan Garners Community Support in Bid to Lead Ethereum Foundation. The long-time researcher earned support in an informal onchain vote from wallets holding over 50K ETH.
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Daily Market Snapshot: ETH popped 5% Thursday alongside surges for a number of altcoins as crypto traders bid up assets following the Federal Reserve's announcement that it would not cut rates and rising sentiment that the market is poised to sidestep a long-feared recession.
Prices as of 7pm ET 24hr 7d
Crypto $3.57T ↗ 2.1% ↗ 0.6%
BTC $104,461 ↗ 0.9% ↗ 0.6%
ETH $3,239 ↗ 4.4% ↘ 2.7%
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DEEP DIVE
Citizen-Only: Blast Mobile
Bankless Analyst: Jack Inabinet

Crypto Twitter has been buzzing with critiques over Ethereum L2 Blast’s lackluster mobile app launch, but with an advertised 79% APY on USD, the tool is serving up some of the juiciest stablecoin yields available!

Today, we’re unpacking Blast Mobile to better understand the risk and reward profile of this brand-new onchain yield opportunity! 👇

Unlock the Alpha
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CHEAT SHEET
Trading Slingshot

Every Thursday, Citizens get access to the top Market Plays, Hot Reads, Farming Opps, and Airdrop Hunts that our analyst team is tracking! Don't miss out! 👇

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FRIEND & SPONSOR: UNISWAP

Uniswap Labs is offering the largest bug bounty ever: $15.5M for critical bugs in Uniswap v4! Built with community contributions and rigorously audited, v4 will be one of the most audited codebases ever to be deployed onchain, and continues Uniswap’s commitment to security.

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CITIZEN-ONLY TOKEN RATING
A Blurry Future
Bankless Analyst: Kazu Umemoto

Every weekday, our analyst team gives a bullish or bearish rating on a new token. Get access to the Token Hub by becoming a Citizen! 👇

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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

Published in Bankless

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