🇨🇭 ZKB, the fourth largest Swiss bank, offers cryptocurrency trading and custody.

Zurich Cantonal Bank launches crypto services, including trading and storage.

“Our newly launched offering in the cryptocurrency space provides a high level of security and allows the integration of other currencies and applications”
says Alexandra Scriba, Head of Institutional and Multinational Clients at ZKB.

According to her, customers do not need their own wallet and do not have to worry about storing their own private keys, as ZKB handles both functions.

Daily Memecoin Recap - September 16

Never a dull day in this space

Binance Unexpected Listing
$neiro -> $151m to $70 .83m (-45%)
$neiro -> $14 .9m to $180 .6m (12.1x), CTO Neiro
- After influencers were bragging about the $neiro listing, binance actually listed the OG CTO $neiro
- The market has now chosen their winner
- The one that was listed is the one that VitalikButerin
interacted with
- The influencer pushed one dumped, while the CTO one pumped +1300%

Neiro Related Coins
$neiro -> $5m to $9 .47m (1.89x), on $sol
$ginnan -> $209k to $4 .74m (22.6x), $doge 's brother, on $eth , there's another one sitting at $19m
$rintaro -> hit $1m , " $neiro 's twin brother "

Trump Spaces
$fight -> $3 .83m to $18 .57m (4.84x), on $eth
$djt -> $2 .2m to $10 .2m (4.63x), "TrumpCoin"
$fight -> $200k to $871k (4.35x), on $solworldlibertyfi

Runner Of The Week
$moodeng -> $3m to $7 .63m (2.54x), viral hippo, continues ot push

Fomo Launches A Token
$UwU -> hit $362k , good meme
- $35k + in LP Rewards
- Launched by fomomofosol
, one of the realest & most trusted in the space

Hyped Launches
$dwolf -> $2 .4m to $5 .6m (2.33x), secured exchange listings today
$mushy -> hit $4m

Moonshot
$dev -> $5 .63m to $10 .14m (1.8x),
ChartFuMonkey's coin, $556k + in LP Rewards
$luci -> $1 .31m to $4 .13m (3.15x), $121k + in LP Rewards
$jinx -> $130k to $293k (2.25x), $52k + in LP Rewards, good art
$wade -> hit $454k , good dev, random meme

More Cooks
$ball -> $183k to $1 .78m (9.73x), "Ball Up Top", viral meme
$flash -> hit $393k , cute dog, infinitely memeable
$SBCLTR -> hit $363k , "Subculture"
$larp -> hit $323k , "lame ass roleplaying posers", good ticker
$random -> hit $246k , cool concept, website generates a random image
$bwed -> hit $212k , bread meme
$zeus -> hit $210k , good art, pushed by KOLs
$fud -> hit $179k , good ticker
$wong -> hit $162k , CTO

Uptober soon?

Mea culpa: SEC “regrets” having maintained confusion around the nature of certain cryptocurrencies.

In a complaint against #binance , the SEC admits that it regrets any confusion caused by the use of the term "security."

The admission comes as SEC Director Gary Gensler is under pressure, with critics including the presidential candidate realDonaldTrump calling for his replacement 🔄

This recognition could herald a change of direction for the regulation of cryptocurrencies in the United States 🇺🇸

Binance Has Advised Cryptocurrency Users To Be Aware Of The "Clipper" Malware

A global malware threat is currently targeting cryptocurrency users, causing significant financial losses by altering withdrawal addresses. Known as "Clipper malware," this malicious software manipulates copied wallet addresses during transactions, redirecting funds to the attackers' wallets without the users' knowledge.

Did Tate really just say “Fuck that black” after beating him up as his White son cheered him on?

W parenting? 😭💀

Exciting new features coming next week to BullVerse !

- Welcome email for users:
Some users are unsure where to begin. The welcome email will serve as a guide to our ecosystem, helping them onboard smoothly and explore BullVerse with ease.

- Daily Task Manager Widget
Level up, complete tasks, earn points, and unlock exclusive rewards! This early version of our mini widget will encourage user engagement with the platform while providing fun and rewarding experiences.

Donald Trump says "we're embracing the future with crypto and leaving the slow and outdated big banks behind."

Daily Memecoin Recap - September 12

Decent volume today as $sol starts to pick up

$420k + In LP Rewards
$dev -> hit $16 .7m
- Launch by ChartFuMonkey

- He's taking a more transparent angle to the launch
- Promises to disclose all supply allocations to KOLs
- Over $400k in rewards have been distributed to the top 50 holders pre bond

Usher Gets Hacked
$usher -> hit $1 .9m
$usher -> hit $416k
-
Usher got sim swapped, a bunch of fake usher coins came out on pumpfun

Solana's Pepe
$lumi -> hit $1 .59m
$lumio -> hit $1 .41m
- Posted by solana
, good narrative

Murad's Final Pick
$spx -> $7m to $19 .2m (2.74x), on eth
- MustStopMurad posts his final cult on his top 10 highest meme conviction list
- Murad has 2.8% of supply
- Price instantly pumped following his tweet

Moonshot Launches
$tmn -> hit $350k , Trumpmoon
$clique -> hit $337k , $25k in LP Rewards

Hyped Launches
$woofie -> $167k to $1 .64m (9.8x), dog meme
$dwolf -> hit $3 .49m, "Dark Wolf"
$towd -> hit $262k , toad meme

Fwog Art
$luci -> $8m , $99k in LP Rewards, launched on moonshotdotcc

$bwull -> hit $697k , $fwog + bull
$holi -> hit $240k

Slow Cooks
$abcde -> $840k to $4 .37m (5.2x), was going straight up for the past few weeks, seeing more of it on the timeline
$autism -> $389k to $1m (2.57x), launched on July 16, ATH $7 .3m
$gm -> $93k to $402k (4.3x), cat meme, launched 2 months ago, pushed today

More Plays
$moodeng -> $200k to $959k (4.8x), baby hippo
$fc -> hit $757k , Fishcopter, fish + helicopter, CTO, good volume
$stacy -> hit $600k , $giga stacy
$zaboo -> hit $483k , Zaboomafoo
$minmori -> hit $369k , dog meme, posted by gireumee

$cc -> hit $267k , "CubCat"

I'm personally a fan of this moonshot meta w/ LP rewards. Will be interesting to see how if they're able to update the top 50 holders post merge

Lock in🔒

"With President $bekele backing #btc and alongside $POPDOG will fuel the Memecoin frenzy, the next bull run is set to be legendary! 🤑🔥 Get ready for the crypto madness! #Bitcoin #memecoin #bullrun $Solana

Sentiment is down, and critics have been quick to point out ETH's underperformance against SOL while largely attributing this to a perceived loss of mindshare and users to L2s.

This narrative has sparked a crucial debate: Are L2s Ethereum?

arjunnchand
brings the analysis...

========================================

🤔 Symbiotic or Separatist?
L2s have been a core component of Ethereum's rollup-centric roadmap from the very beginning. They were envisioned as extensions (technical and cultural) of Ethereum, designed to expand its capabilities and attract a broader user base.

At their core, L2s are deeply linked with Ethereum. They share its DNA — relying on ETH as the currency, benefitting from Ethereum's security blanket, and utilizing it for data storage and settlement. It's like a startup leveraging its parent company's infrastructure and brand recognition, a win-win for both.

The symbiotic relationship between L2s and Ethereum is undeniable. L2s thrive on Ethereum's infrastructure and security, while Ethereum benefits from the increased activity and increased demand for ETH, making it a better store of value.

By offering lower fees and faster transaction times, L2s have made it easier for developers to build different types of applications. Look at the explosion of memecoins on Base or the rise of SocialFi platforms like Farcaster creating new markets for users.

Beyond that, L2s are becoming major hubs for DeFi activity, and ETH, the asset, is at the heart of this ecosystem. Look at the numbers:
arbitrum
,
Optimism
,
@base
— these chains are dominated by ETH-related assets.

🧛‍♂️ Vampire attack?
However, one of the primary arguments against the rollup-centric approach to scaling Ethereum is the assumption that L2s may not continue to rely on Ethereum. Sure, L2s and Ethereum seem like a happy family now. But what if L2s build their own empires and ditch Ethereum altogether? No more relying on Ethereum for security, no more ETH as gas, not even needing Ethereum's block space.

This "L2s go rogue" fear is a legitimate concern. Technically, they could build independent ecosystems with their own validators as they would then be able to own the entire modular blockchain stack. So, is this the future – a messy breakup between L2s and Ethereum? Not necessarily.

We can all agree that there are perhaps a few too many L2s. Too many copycats. Too little differentiation. It's like a thousand startups chasing the same market, all promising the same thing. This isn't healthy.

What we need are L2s that matter. L2s that offer something unique, something that sets them apart. Security, app diversity, GTM strategy — these are the areas where we need to see real innovation.

But we must be wary of ‘echo chambers’. These zones of chains should not become isolated universes. A healthy L2 ecosystem is one where chains work together, not in isolation. We need bridges, not moats.

We need collaboration. We need communication. We need education. We need incentives. We need to build shared infrastructure and standards that foster seamless connectivity across L2s. Only then can we truly win together.

💭 Closing Thoughts
You can say that L2s aren’t Ethereum. You can argue L2s aren’t even extensions of Ethereum. But you cannot deny the fact that L2s enhance the utility of Ethereum and ETH.

The "L2s vs. Ethereum" debate is a false dichotomy. This isn't a zero-sum game. Ultimately, Ethereum and L2s are in this together. Let's build a future where Ethereum and L2s thrive as a symbiotic whole, and push the crypto ecosystem forward.

🚨 #BullPay New Listing Alert! 📈

$MUMMAT is now listed as a payment method on BullPay.

Inspired by the legendary Matt Furie..

You can now use MUMMAT to pay for services, exclusive content, and digital products through BullPay.

Congratulations to the team and community over at
@mummatsolana !

Crypto markets have suffered noticeable pullbacks following September 10’s highly anticipated presidential debate.

In the wake of self-proclaimed ‘Crypto President’ Donald Trump’s performance, scales have tipped in favor of Kamala Harris, with prediction markets illustrating renewed support for the Democrats.

Crypto Markets Tumble as Republican Confidence Wanes
The presidential debate had a resounding effect on the digital asset market. Following the event, $SOL price has dropped 5.1%, sliding from September 10’s high of $137 .9 to currently trade hands at $130 .84.

Beyond asset prices, CoinMarketCap’s Crypto Fear & Greed Index also dropped from a neutral 46.72 to a fearful ranking of 31.6.

The crypto market’s slide is expected to be due to the wider industry’s assumption that a Trump presidency will be favorable for the blockchain industry.

Commentators argue that Trump’s pro-crypto stance will greatly benefit the sector, with many analysts proposing that the approval of a spot SOL ETF hinges on a Republican victory. Meanwhile, some Solana community members expressed that regardless of who emerges triumphant in November, it will make little difference.

Over the past four years, the Biden administration has loomed large over the crypto industry. Gary Gensler and the S.E.C. (Securities and Exchanges Commission) have been widely criticized by the crypto community for their regulation-by-enforcement approach, which has seen the agency hand out a litany of lawsuits to crypto businesses throughout its time in office.

Volume Spikes on Drift Protocol’s Prediction Market
While Trump and Harris clashed heads on camera, traders took their chance to hit the prediction markets. Drift Protocol’s BET platform, a marketplace enabling users to trade the outcomes of real-world events, enjoyed an impressive surge of trading volume during the debate.

According to Dune Analytics, Drift Protocol’s BET protocol witnessed over $851k in daily trading volume. While falling short of market leader PolyMarket’s $14M daily volume, BET’s dramatic volume spike represented a 1,287% increase over the previous day’s trading.

According to BET’s dedicated market, Trump’s chances of winning the presidential election dropped from 54.2% to 49.5% since the debate began.

$TREMP Down, $KAMA Up
Finally, the landmark debate sent waves of volatility through Solana’s PolitiFi memecoin economy.

Unfortunately for $TREMP holders, crypto markets rejected the Presidential hopeful’s debate performance. $TREMP price crumbled under increased selling pressure, plunging 28% from.19 to currently exchange hands at.135, based on Step Finance data.

Meanwhile, the Kamala Harris-inspired $KAMA saw renewed support. $KAMA surged over 34%, rising from 0.007 to currently trade at.0094. Despite $KAMA’s superior performance, the memecoin still has a smaller market cap ($8.3M) than its PolitiFi rival $TREMP ($14.2M).

Good afternoon Future billionaires 💰
hope you all are having a good mid week

just want support from the community and letting you all know my Crypto account called 0x_D3Ku have been ⚠️hacked on twitter last night
https://x.com/0x_D3Ku/

please 🙏if you got the time report that account any know how by reporting them for impersonating me they just got my twitter and posting as me it wil be highly appreciated stay safe and have a good week ahead #BullVerse 📈

but you can follow my OG channel
https://x.com/OGD3KU/

BREAKING: ensdomains is now integrated into Venmo and PayPal

You can now send funds to crypto wallets connected to .eth addresses

Ethereum's adoption continues...

What is Hana Network?
Hana Network is a blockchain platform that integrates with EigenLayer and Babylon to enhance security and functionality. It allows users to stake assets on EigenLayer and Babylon while taking advantage of their advanced security protocols. Hana Network uses cryptographic techniques to ensure transaction security and preserve user privacy. It also supports multi-party group broadcasts and anonymous routing protocols. With these integrations, Hana Network aims to offer reliable and secure decentralized solutions for various applications, making blockchain technology more accessible and efficient.

Commissions in the Solana network fell to a six-month low 👀

Total commissions on the Solana network fell to a March low amid the declining popularity of memcoin startup Pump Fun.

On September 6, the platform collected just $409 ,000 in fees (-82% from its peak in July).

If the government was a real business it would have been bankrupt a long time ago. The only thing keeping it going is the fact that people pay their taxes out of fear of going to jail if they don't (violence) and most importantly THE MAGIC MONEY PRINTER.

Further proof of the charade: the US government has hired 87,000 new agents to collect taxes with an average salary of 100k/year.

So this cost taxpayers $8 .7 billion and these agents managed to collect $1 .3 billion.

So, a deficit of -$7.4 billion... which will be paid by taxpayers. And of course the government will boast about having collected $1 .3 billion more in taxes.

How did we get here?

🇷🇺 Vladimir Putin praises Russia's crypto mining capabilities ⛏️ , stressing that the country is a world leader thanks to its energy surplus in Siberia.

Russia produced 54,000 $BTC in 2023, generating over $550 million in taxes 💰

The country is banking on the #cryptomonnaies for its economic future and to avoid international sanctions

Daily Memecoin Recap - September 9

Market sentiment could flip bullish at any moment

Apple Event
$dbp -> $850k , "Disco Ball Pigeon", emoji shown during the apple event, okx tweeted it $CowboyFrog -> hit $377k , first AI emoji apple showed during the event

Popular Memes & Trends
$gg -> hit $1m , Galaxy Gas, one of the dumbest trends I've ever seen, all over tiktok
$wait -> hit $844k , Correction Guy, viral meme on CT
$legend -> hit $264k , "F*cking Legend", old viral meme

Hyped Launch
$insdr -> hit $1m , "The Insiders", they've been posting for a while w/ twitter gold

Doge Team Post
$cate -> hit $511k , posted by $doge team,

Dog Meta
$jack -> hit $231k , cute dog
$duge -> hit $144k , plushie dog, CTO

Slow Cooks
$moth -> $2 .5m to $7m (2.8x), was stagnant for a couple days, currently breaking out
$deebo -> $350k to $1 .7m (4.85x), CTO, bear meme
$pe -> $370k to $917k (2.47x), " Half of $pepe "
$mope -> $30k to $330k (11x), CTO

Other Plays
$btc2 -> hit $1 .39m, "Bitcoin 2.0", a fake $btc on solana, limited supply of 21,000 tokens
$ct -> hit $732k , "Crypto Twitter"
$bingus -> hit $308k , X community, pushed by KOLs
$fp -> hit $298k , a fluffy pickle
$dwagon -> hit $295k , dragon + $fwog , CTO
$unlock -> hit $178k , "unlock your full potential, unlock unlimited gains on Solana"

Patience & quality over quantity 🤫

After the euphoric highs of Q2, fear and doubt have crept back into crypto markets in recent months.

Amidst the uncertainty Solana’s DeFi ecosystem has shed layers of TVL (Total Value Locked), with the majority of protocol’s losing between 13-18% in USD value on a monthly time frame.

However, despite the market-wide pullback, outperformers have emerged. Which protocols created a liquidity vacuum and expanded their TVL despite ailing markets?

NX FINANCE, LULO LEAD MONTHLY TVL GROWTH
Solana’s DeFi scene has enjoyed newfound momentum and attention throughout 2024. However, the last 30 days indicate a charge in sentiment, with the bulk of Solana protocols suffering significant drops in their TVL.

Despite challenging conditions, several outliers have outperformed the wider market and witnessed continued growth in the face of adversity.

Lending aggregator NX Finance led the charge, enjoying consistent growth in the face of difficult markets. Courtesy of its incentivized rewards program, NX Finance TVL rose 65% in the last 30 days, leading Solana’s top 50 DeFi applications by TVL.

Meanwhile, fellow lending aggregator Lulo Finance continued to rise through the ranks, securing over $30M in Directed Liquidity (DL). With over 92% of its DL, a similar metric similar to TVL, held in stablecoins, Lulo-managed value has increased by 32.27% in the last 30 days.

At first glance, DeFiLlama data suggests that Jupiter’s TVL has risen by 47.22% in the last 30 days. However, this increase is due to the popular analytics platform integrating $jupSOL into Jupiter’s total TVL on August 16, adding approximately $300M worth of funds to the platform.

According to Step Finance data, $jupSOL supply has risen 0.36% in the last 30 days. Coupled with the 2.22% decline in Jupiter perpetual TVL in the same time period, it can be concluded that Jupiter’s total TVL has remained relatively stable in the face of challenging market conditions.

Kamino TVL Climbs Despite Falling Prices
Kamino Finance has been one of Solana DeFi’s most solid performers throughout Q3’s volatility. While lending aggregators like NX Finance and Lulo predominantly hold stablecoins, making them more resilient to market downturn, Kamino accepts deposits from a wider range of more volatile assets.

Despite falling asset prices across the industry, Kamino has emerged as one of Solana’s standout DeFi protocols.

While $SOL price has dropped over 36% since its March 18 high of $202 , Kamino TVL has increased by 12% in USD terms. Denominated in SOL, Kamino TVL has risen by 76% in the same time frame.

JUPITER DOMINATES PERPETUAL TVL ACROSS THE INDUSTRY
Jupiter’s perpetual DEX platform shows no sign of relinquishing its iron grip on derivatives dominance. One of Solana’s largest DeFi protocols, Jupiter’s perpetual DEX is currently the largest onchain derivatives market in the crypto industry.

Boasting over $657M in TVL, Jupiter dominates perpetual market share. According to DeFiLlama data, the Solana-based platform currently accounts for 18.82% of onchain derivatives TVL across the industry.

While Jupiter boasts the highest TVL across all perpetual DEXes, its closest rival still witnesses higher trading volumes. During August, Hyperliquid handled $34 .6B in trading volume compared to Jupiter’s $15 .1B. It’s worth noting that Hyperliquid’s high volume could attributed to its points program, which is expected to influence token allocations ahead of the protocol’s upcoming airdrop

Bernstein, a private wealth management fund managing $725B , predicts Bitcoin could hit $80 -90K if Trump wins in 2024. If Harris wins, BTC may drop to $30 -40K, they said in a note to their clients.

Pantera Capital and ParaFi Capital, bought 62.6M Metaplex's $MPLX tokens from Wave Digital, originally held by the FTX estate. Only 7.5M tokens remain to be sold by FTX, fully unlocking on September 19.

Metaplex is the leading standard for NFTs and tokens on Solana.

Phantom, Solana’s most widely used wallet provider, has drawn criticism from some users for charging fees on in-app token swaps.

While some disgruntled community members attacked Phantom, voices across the Solana ecosystem came to the wallet’s defence. Reigniting debate around business models in the Web3 world, Phantom’s supporters argue that the platform has a right to generate revenue.

In an industry where meme coin presales can raise over $40M , is it fair to attack businesses providing essential services for charging easily avoidable fees?

SOLANA COMMUNITY MEMBERS COMPLAIN ABOUT 0.85% SWAP FEE
Frustrated Solana users have taken to 𝕏 to air their grievances about Phantom’s in-app swap fees. The public outrage came following circulation of data suggesting that the wallet provider generated over $30M in revenue through token swaps.

Comparisons between quotes between wallets and DEX aggregator Jupiter only added further fuel to the fire. Perhaps spurred on by stagnant market conditions, commentators on social media remarked that discrepancies between swaps provided by Phantom and Jupiter were “actually ridiculous.”

Eagle-eyed users remarked that the data wasn’t wholly accurate. Galactic Geckos founder Genuine Articles highlighted that the $30M figure was lower than expected, before Fabiano.sol, the influencer who originally shared the data, acknowledged that Phantom would’ve generated over $10M through in-app token swaps in 2021 alone.

While it’s obvious that traders can access better rates by using platforms like Jupiter directly, can Wallet providers be blamed for charging fees on value-added services?

Is the Slander Against Phantom Justified?
Content creator and former Phantom team member Seb Montgomery countered the attacks levied against Phantom. Arguing that every business has operational costs that need paid, Montgomery asserted that “Dapps, apps, wallets, etc. need revenue or they close up shop, and head home.”

Hammering his points home, Montgomery reminded Solana users of their double standards. The content creator highlighted how network participants were willing to provide over $40M to the $WATER memecoin presale, but criticized an 0.8% fee on services offered by one of Solana’s longest-standing products.

“You have probably lost $1000s on the pure rubbish. So don't be a clown and not support the wallets that make it all possible.” - Seb Montgomery

Montgomery also acknowledged that Solana owes much of its success to Phantom. Paying homage to Phantom’s position as Solana’s most widely used wallet, Montgomery asserted “Without Phantom, Solana's success would not have been anywhere near where it got to.”

WHICH WALLET GIVES THE BEST VALUE ON SWAPS?
While traders and users looking for the best rates should always go directly to decentralized exchanges or aggregators, it’s also worth knowing the various in-app swap rates of different wallets.

Fuse Wallet - 0%

Solflare - 0.8%

Phantom - 0.85%

Backpack - 0.85%

It should also be noted that all Solana wallets route their trades through Jupiter. Solana’s leading DEX aggregator typically offers the best rates on trades and allows third-party apps to add fees onto swaps.

Despite some traders expressing frustration, Phantom and other wallet providers have always been transparent and forthcoming about in-app swap fees. Using wallet-based swaps is completely optional and easily bypassed. Trader’s complaints are hardly unresolved.

Prices may be down, but Grayscale's making bull market bets if you know where to look.

These are the assets that have caught the attention of Crypto's Wall Street whisperer 👇

========================================

When Grayscale announces a new Trust for a particular asset, the market often reacts with a mix of excitement and skepticism.

It's a bit like a double-edged sword: a signal of saturation for some and a beacon of hope for others.

Some might interpret the launch as a sign that the market for that asset is reaching saturation or at least limited upside potential in crypto terms.

On the one hand, it’s a stamp of approval from a major player in the crypto space. It can lend legitimacy to the asset, potentially attracting institutional investors, and, at the very least, boost media coverage.

Grayscale has been adding new investment products at a faster clip, showcasing their conviction that we’re in the middle innings of a crypto bull market fueled by a grand slam of bullish signals: #Bitcoin ETF inflows, the long-awaited $ETH ETF launch, increasing stablecoin adoption, and steady growth in TVL across DeFi.

As a quiet giant in the industry, investors continue to watch what Grayscale is backing and what that says about their impressions of which direction the industry is headed. What assets have caught their attention lately? Let's find out. 👇

----------------------------------------------------------

Grayscale Decentralized AI Fund (FIL, NEAR, RNDR, LPT, TAO)

Grayscale Bittensor Trust (TAO)
Bittensor envisions a world where AI isn't a tool in the hands of a few corporations but a resource democratized for all. It aims to create an "Internet of AI" where everyone can contribute and benefit from AI models. $TAO incentivizes participants to contribute to the network by providing rewards for tasks like validating models and running AI computations.

As the AI race among big tech companies heats up, Grayscale believes that Bittensor offers a compelling alternative approach towards AI development, one that encourages a wider range of participants and ideas.

Grayscale SUI Trust (SUI)
$Sui boasts a novel blockchain design that prioritizes scalability and user experience. It allows for parallel processing, tackling multiple transactions simultaneously.
SuiNetwork
's competitive edge comes down to its custom-built programming language, Sui Move, which streamlines smart contract development and execution.

As the need for blockspace and faster execution in crypto increases, Grayscale believes that Sui opens the door to a new wave of decentralized applications that were previously limited by existing blockchain infrastructure.

The Grayscale Effect
Overall, the impact of a Grayscale Trust launch is highly subjective to the specific asset. By no means does it signify that the asset is destined for greatness. Take the Grayscale Decentraland Trust (MANA), for instance.

The key takeaway is that Grayscale's bullish outlook on crypto is evident in its recent product launches. They believe we're currently in a bull market and are positioning themselves accordingly.

Analysis by arjunnchand

Did someone say Multi-Wallet? 🤹

Unlock Maestro’s powerful multi-wallet modalities.

Set up multiple wallets and initiate simultaneous buys with a single click! Perfect for sniping launches with small max transactions/wallet limitations.

Assign each wallet a different action—maybe one for sniping, one for copy trading—customize it however you like!

To Enable Global Multi-Wallet:
/sniper ➡️ Wallets ➡️ Select Chain ➡️ Multi-Wallet ➡️ Connect or Generate another Wallet ➡️ Enable Multi ✅

Find the full instructions here: https://docs.maestrobots.c...

You panic and you will regret it, be careful my friend 🫱🏾‍🫲🏼

A lil weekly recap on #btc

• Analysts: US Fed rate cut could push Bitcoin down 20%
• Bitcoin price dips to new 1-month low after $57K US jobs data 'fakeout'
• Samson Mow: Bitcoin bears base $40K prediction on 'self induced fear'
• Trump vows to make US ‘world capital of crypto,’ taps Musk for new task force
• Coinbase secures partial victory over SEC in motion to compel discovery
• VanEck to shutter Ethereum futures ETF as investors shift to spot ETHV
• Report: US companies forecast to buy $10 .3B in Bitcoin over next 18 months
• Crypto venture capital funding surges to $633M in August rebound
• Chainalysis says Russia’s crypto infrastructure aims to skirt Western sanctions
• Monochrome confident as it files for Australia’s first ETF to hold Ether directly
• Binance CEO says CZ is banned from managing or operating the exchange
• Outlier Ventures says four-year cycle is dead after bitcoin's 'worst price performance following any halving to date.

and it started out so beautifully...😕

📈 Bitcoin has failed to reclaim the important $60k support area in recent days ❌

With additional selling pressure from disappointing US economic numbers, the price dipped further below $55k today.

The analysis is simple here, BTC remains in its 6-month range and accumulation continues with very likely an imminent retest of the bottom of the pattern in yellow towards $49k -$50k.

Will we have a final retest of the bottom of the pattern before the bullish explosion with around $90k by the end of the year? This is the scenario I favor after a halving that is moving further and further away and a very long accumulation that is making some lose patience and hope 😴

The technical side is not so bad, however the economic context will have to follow, because unfortunately the crypto market remains very sensitive to it.

We have been patient, and we will have to remain so for a few more weeks, but let's not give up 💪

Magic Eden, Solana’s leading NFT marketplace by trading volume, has surprised network participants with an unexpected announcement.

On September 5, the crypto juggernaut revealed it would be splitting its trading platform into two separate sites, Magic Eden International and Magic Eden US.

The move has drawn skepticism from the wider community, who speculate that the regulatory landscape in the U.S. could impact user eligibility for Magic Eden’s highly-anticipated airdrop.

MAGIC EDEN'S U.S. USERS FEAR AIRDROP EXCLUSION
In the official announcement, Magic Eden posited that the U.S. site “will still have great products you know and love while .IO [the international site] will give us the ability to cook up (and sauté) even more features…”, suggesting that the U.S. platform will offer a limited range of services compared to its international equivalent.

Magic Eden users have expressed concerns that these limitations could extend to airdrop eligibility. Throughout the year, Solana users based in the United States have frequently found themselves unable to claim tokens due to geographic restrictions.

Due to regulatory concerns and the ongoing scrutiny of the SEC (Securities and Exchanges Commission), many crypto projects, like Sanctum and Grass, avoid distributing airdropped tokens to U.S. users.

Regulatory clarity around NFTs and digital assets were further exacerbated in late August, when the SEC issued a Wells notice to OpenSea, an alternative NFT marketplace.

Claiming that the platform facilitated the sale of unregistered securities, the notice serves as a preliminary warning and often precedes formal legal action.

In what could be considered a tongue-in-cheek gag, the official Magic Eden 𝕏 account also added a playful line to it’s bio, stipulating that “Tweets are only for non US Residents”.

SolanaFloor engaged the Magic Eden Foundation for clarity sounding the airdrop eligibility of its U.S. users. At press time, the Magic Eden Foundation declined to respond.

$ME TRADES AT.20 DESPITE LACK OF TOKENOMIC CLARITY
Since the initial announcement of the Magic Eden airdrop, pre-market trading for $ME has witnessed volatility. After opening at.08 on August 28, $ME pre-market prices rose as high as.24 before stabilizing at.20.

Despite attracting over $700 ,000 in trading volume, pre-market trading platform Whales Market has been criticized for opening a market for a coin with an unknown supply.

Without any publicly revealed tokenomics, pre-market traders are speculating on $ME at unknown valuations, which could lead to significant losses for participants.

COINGECKO NAMES MAGIC EDEN CRYPTO’S LARGEST NFT MARKETPLACE
Despite 2024’s NFT market suffering challenging conditions and diminishing volumes throughout the year, Magic Eden has managed to reassert its position as the industry’s top marketplace.

Coingecko, a popular cryptocurrency analysis site, recently declared Magic Eden as 2024’s top NFT marketplace. Boasting 36.7% market share, much of Magic Eden’s success this year could be credited to its adoption of the Bitcoin ecosystem, including its integration of Ordinals, BRC-20 tokens, and Runes.