Crypto Markets Fight Back
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- 💸 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.
📸 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% |
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 👇
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.
- ⛽ Road to Mainnet #2 - Fuel Labs
- 🌞 EIC02 | Summer 2024 - ETH Investors Club
- 🪂 LRTs Beyond the Airdrop Meta - Madhav Goyal
- 🌐 Secure Multi-Party Computation - Brechy
- 🧱 Programmable Cryptography Part 1 - gubsheep
- 🎨 Museums of the Future: Dubai and Tokyo - Vitalik
- 📱 On DeFi Superapps and Their Bottlenecks - Alana Levin
- 🌱 How Gitcoin Unlocks Alternative Funding Avenues - Gitcoin
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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.
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