The DeFi Report - Sponsor Image The DeFi Report - Industry-leading crypto research trusted by finance pros. Friend & Sponsor Learn more


Fear Grips Wall Street
Published on Aug 2, 2024

Sponsor: KrakenSign up for an account and see what crypto can be.

.  .  .
NEED TO KNOW
Fear Grips Wall Street
  1. 😨 Grim U.S. Job Numbers Roil Markets. Volatility is back on the menu.
    Read more on Bankless.com
  2. 📈 Polymarket Polymarket Surpasses $1B in Total Trading Volume. The popular predictions market had its best month ever in July as it attracted more election attention.
    Read more on Bankless.com
  3. 🏦 Morgan Stanley Advisors Soon Can Offer BTC ETFs to Clients. Financial advisors at the financial giant will be able to offer BTC ETFs to clients with net worths north of $1.5 million.
    Read more on Bankless.com

.  .  .
MARKET VIBES
Correction O'Clock

📸 Daily Market Snapshot: Recession fears reignited as brutal July job numbers were released. The Nasdaq officially entered correction territory with today's 2.4% decline bringing it down 10% from its most recent all-time high. The fear also spread to crypto, bringing ETH down 5% on the day, with alts crashing hard as well.

Prices as of 5pm ET 24hr 7d
Crypto $2.22T ↘3.9% ↘7.9%
BTC $61,860 ↘4.5% ↘8.8%
ETH $2,991 ↘5.3% ↘8.3%
W $0.225 ↘6.1% ↘22.2%

🔒
New Token Rating: Wormhole is unlocking a substantial percentage of circulating supply tomorrow. Can W holders finally catch a break after 4 months of down-only price action?
.  .  .
LEARN
Get Schooled on ETH L2s

There are plenty of layers to Ethereum.

You've seen us write about plenty of different Layer-2 networks on Bankless, but what really makes them each stand out from one another? We've spent a good chunk of this past couple weeks updating our most popular guides on Ethereum's most popular L2s.

Enjoying this article?

Subscribe to Bankless or sign in

Click through for free, newly updated Guides to Optimism, Arbitrum, Starknet, ZKsync, Polygon, Base, Scroll, Linea and more!👇


FRIEND & SPONSOR: KRAKEN

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.

.  .  .
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.


No Responses

No es asesoramiento financiero ni fiscal. El contenido de Bankless es estrictamente educativo y no constituye asesoramiento de inversión ni una solicitud para comprar o vender activos ni para tomar decisiones financieras. Este boletín no es asesoría fiscal. Consulta a tu contador. Investiga por tu cuenta.

Divulgación. De vez en cuando podemos incluir enlaces en este boletín a productos que usamos. Podemos recibir comisión si realizas una compra a través de uno de estos enlaces. Además, el equipo de Bankless posee criptoactivos. Consulta nuestras divulgaciones aquí.

Este sitio está protegido por reCAPTCHA.

Leer Bankless en: English - Spanish - German - French

No es asesoramiento financiero ni fiscal. El contenido de Bankless es estrictamente educativo y no constituye asesoramiento de inversión ni una solicitud para comprar o vender activos ni para tomar decisiones financieras. Este boletín no es asesoría fiscal. Consulta a tu contador. Investiga por tu cuenta.

Divulgación. De vez en cuando podemos incluir enlaces en este boletín a productos que usamos. Podemos recibir comisión si realizas una compra a través de uno de estos enlaces. Además, el equipo de Bankless posee criptoactivos. Consulta nuestras divulgaciones aquí.

Este sitio está protegido por reCAPTCHA.

Buscar en Bankless