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Daily Brief

TradFi Pumps, ETH Cools

gm Bankless Nation, markets are cooling, time to jump in the pool?
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Nov 14, 20233 min read
TradFi Pumps, ETH Cools
Published on Nov 14, 2023
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Sponsor: Kraken — Sign up for an account and see what crypto can be.

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NEED TO KNOW
TradFi Rips, Crypto Settles
  1. 🏛️ Wall Street win. Promising inflation numbers gave stocks the best day in months. But crypto didn't share the fortunes, with the market down 3%.
  2. 🪨 BlackRock worried about Tether. Their BTC ETF application is out and one of the more interesting risk factors flagged? Tether and USDC.
  3. 🐭 Dapper Labs & Disney. The NBA Top Shot maker scored a big win with a Disney partnership for an NFT collectible experience.
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TODAY IN MARKETS
dYdX's Perpetual Pump

📈 dYdX V4 Premieres: Following yesterday’s vote to enable trading on the Beta version of the dYdX chain, the long-awaited dYdX V4 has finally arrived! The DYDX token is up 21% on the day and 49% on the week.

Prices as of 4pm ET 24hr 7d
Crypto $1.37T ↘ 2.2% ↗ 3.0%
BTC $35,532 ↘ 2.6% ↗ 0.7%
ETH $1,984 ↘ 3.7% ↗ 5.5%
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TACTIC
Dive into PoolTogether V5
Bankless Author: William Peaster

This week’s tactic opportunity is PoolTogether V5! PoolTogether is a DeFi protocol that provides a no-loss prize savings game. 

Read all of the free alpha on our website 👇


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.

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AIRDROP HUNTER
marginfi Token Opp

We've added marginfi to Airdrop Hunter. The Solana-based DeFi prime brokerage is attracting more attention as SOL's climb continues, and we believe they are a promising target for a future airdrop 👇

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GO BANKLESS
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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.