ACE’S TAKE:
FriendTech and new DeFi on Base, Mantle, and Linea are making crypto feel fun again. It’s really the right time to stay involved as we are in the dog days of the bear market. If we get a big dump/capitulation without any news, I will be buying $BTC and $ETH heavily!
MARKET:
Choppy first week of September after August finished in the red. Historically, September is not a great month for risk assets. Q4 will likely bring renewed optimism should the Fed finally reach their terminal rate.
NEWS:
Two spot ETH ETF applications filed:
Big win for Solana:
Bloomberg opinion piece urging SEC to accept a spot BTC ETF:
FTX Exec pleads guilty:
Little brother sues big brother:
NFTs:
Google to allow NFT ads:
RUGS:
North Korea stole $45m from Stake:
Awful phishing attack:
Nima Capital exits crypto silently:
ETH staking pool exploited:
POD O’ THE WEEK:
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None of this is financial advice