SBF & The 2024 Election ($)
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Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.
- 🏝️ Coinbase is Back in Hawaii. Regulatory clarity in the state has made life easier for crypto exchanges setting up shop.
- 🤯 Crypto's Bankrupt Blow-Ups Attempt Clawbacks. Three Arrows Capital and Celsius are filing new lawsuits to recover creditor funds.
- 💸 Marginfi Launches New Lending Platform, The Arena. The popular Solana DeFi app debuts a new experience.
📸 Daily Market Snapshot: Bitcoin worked its way back above $60K on Tuesday, and Wall Street welcomed tamer-than-expected July producer price data, which sent the Nasdaq Composite and DJIA climbing as investors bet on positive news in tomorrow's key consumer price index data release.
| Prices as of 6pm ET | 24hr | 7d |
|
Crypto $2.13T | ↗2.0% | ↗7.6% |
|
BTC $60,629 | ↗2.5% | ↗7.8% |
|
ETH $2,718 | ↗0.8% | ↗10.2% |
|
ADA $0.34 | ↗1.6% | ↗3.0% |
Stablecoin yield farming isn't very sexy.
It's certainly not quite as exciting as finding the next memecoin moonshot. However, it can significantly hedge your positions against a potential market downturn, and that's something a lot of investors are interested in after last week's shock drop.
Let's dig into earning yield on your digital dollars 👇
Mantle kickstarts Season 1 of Methamorphosis. Building on the success of their Liquid Staking Token, mETH, Mantle LSP announces plans for a new Liquid Restaking Token, cmETH, along with a governance token, COOK. With Methamorphosis, participants can now farm Powder for future COOK tokens and position themselves early for upcoming cmETH release.
Nate Silver is a statistician, writer, and political analyst, widely recognized for his accurate predictions of U.S. presidential elections. He's now released an exceptional new book titled, "On the Edge: The Art of Risking Everything."
The book delves into the world of risk, game theory, cryptocurrency, artificial intelligence, and poker—fields where the stakes are high and the outcomes uncertain.
Citizens get exclusive access to a Debrief from David and Ryan unpacking the conversation. Hear all of the analysis! 👇