Mantle - Sponsor Image Mantle - The largest sustainable hub for on-chain finance Friend & Sponsor Learn more


Bullish Market Bounce
Published on Aug 23, 2024

Sponsor: Uniswap Uniswap Extension — Say goodbye to pop-ups. Download today.

.  .  .
NEED TO KNOW
Rate Cuts Incoming
  1. ✂️ Jerome Powell Gets Ready to Cut Interest Rates. At a Jackson Hole summit, Powell signaled it would soon be time to cut rates.
  2. 🚀 Sony Introduces Soneium Ethereum Ethereum L2. It's one of the biggest mainstream names to launch its own chain this cycle.
  3. 🇮🇳 WazirX Starts Rupee Withdrawals Following Major Hack. Crypto withdrawals are still unable to be processed after the disastrous attack.
.  .  .
MARKET VIBES
Bullish Bounce

📸 Daily Market Snapshot: Markets finally got their long-awaited signal from Fed chairman Powell that interest rate cuts are coming. The news sent markets climbing higher, with BTC pushing toward $64K and ETH climbing over $2,750.

Prices as of 5pm ET 24hr 7d
Crypto $2.24T ↗ 4.9% ↗ 7.7%
BTC $63,690 ↗ 4.0% ↗ 7.4%
ETH $2,755 ↗ 5.1% ↗ 5.5%
APT $7.15 ↗ 11.0% ↗ 20.2%

↗️
New Token Rating: Aptos has ripped 60% off its August lows. Is it time to bid APT?
.  .  .
LEARN
Dig Into Magic Eden

This week, Magic Eden Magic Eden turned heads with its ME token announcement.

The NFT marketplace has had a crazy run challenging OpenSea's dominance, and we've been following along with it every step of the way. If you're new to the project, there's never been a better time to check it out than through our latest update to the Magic Eden Bankless Guide.

Check out the free guide 👇


FRIEND & SPONSOR: UNISWAP

Say hello to the Uniswap Extension, the first wallet to live in your browser’s sidebar. Swap, sign, send, and receive crypto anywhere on the web without dealing with pop-ups. Designed for a multi-chain world, with support for 11+ networks.

.  .  .
INVEST
This Week's Yield Opps

Each week, Citizens get a curated list of yield opportunities that the Bankless team is watching. As a free subscriber, you're missing out! 👇

.  .  .
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.


0
0
No Responses
Search Bankless