NiftyNoon: Can the 50 Basis Points Federal Reserve Rate Cut Pump Crypto?
In a move expected by many analysts, the U.S. Federal Reserve has announced a 50 basis point rate cut signifying to the market it is willing to support liquidity (September 19, 2024)
Highlighted News:
The Federal Reserve cut rates by 50 bps:
https://x.com/nicktimiraos/status/1836465223781244951?s=46
Introducing the next chapter of Solana Mobil - the Solana Seeker:
https://x.com/solanamobile/status/1836614409613119632?s=46
Introducing Top Trader - a trading simulation game on ApeChain:
https://x.com/toptrader_xyz/status/1836427378479734841?s=46
In a significant crossover moment, Larva Labs will auction its rare "Autoglyph 30" at Loïc Gouzer's @FairWarningArt for charity:
https://x.com/nftnow/status/1836510915430129816?s=46
Project and Community News:
Ethereum’s slump has attracted some haters. What they’re missing: https://x.com/bitwiseinvest/status/1836410982882558213?s=46
Tether reports a record-breaking $5.2B profit for the first half of 2024: https://x.com/cointelegraph/status/1836401712581472631
$10 Trillion financial Giant BlackRock released a full report on Bitcoin, saying it's a unique diversifier: https://x.com/bitcoinmagazine/status/1836324184428826830?s=46
Yesterday we saw +$186 MILLION inflow on the Spot Bitcoin ETF: https://x.com/rovercrc/status/1836300953802162483?s=46
El Salvador holds $359.58M in BTC and they’re still buying every day: https://x.com/arkhamintel/status/1836432863522361687?s=46
Congress just put the SEC's bad-faith regulation of crypto in the hot seat: https://x.com/banklesshq/status/1836476795803308522?s=46
President @realDonaldTrump buying burgers at @PubKey_NYC with @tpacchia: https://x.com/pubkey_nyc/status/1836510708634390680?s=46
A number of large accounts on X currently have their account compromised and are posting a meme coin scam: https://x.com/zachxbt/status/1836473279479189916?s=46
Officially one month until ApeFest Lisbon: https://x.com/boredapeyc/status/1836573658879492170?s=46
Dookey Dash - Unclogged launches tomorrow: https://x.com/boredapeyc/status/1836483064706236858?s=46
@heliuslabs announcing latest raise: https://x.com/0xmert_/status/1836578165977915858?s=46
@Parallel Presenting Project Tau Ceti: https://x.com/parallel/status/1836412996203221118?s=46
Aerodrome is committed to growing adoption of @circle's native $EURC on @Base and has already added over $16m in new $EURC liquidity: https://x.com/aerodromefi/status/1836494271983292806?s=46
A Valuation of Aerodrome: https://x.com/defi_monk/status/1836463372302455252?s=46
Behind the scenes of the Chimpers Collectible Card App: https://x.com/beansbanjos/status/1836475669892751488?s=46
First Ringers sale below 10 ETH since July, 2021: https://x.com/punk9059/status/1836181572564979974?s=46
Quick Stats:
👾 Blur ETH Daily Volume: 1,020 ETH (▲ 94.78%)
🌊 OpenSea ETH Daily Volume: 287 ETH (▼ 19.21%)
🟠 BTC : $62,909.63 (▲ 4.61%)
🔷 ETH: $2,437.60 (▲ 5.29%)
🟣 Solana: $140.65 (▲ 8.15%)
🟪 Polygon: $0.40 (▲ 5.05%)
Top NFT Sales:
CryptoPunks #7428: 32.50 ETH
CryptoPunks #8205: 31.95 ETH
CryptoPunks #8848: 31.49 ETH
NFT Daily Winners:
👾 Tensorians: 10.53 SOL (▲ 9.25%)
🧦 Bitcoin Puppets: 0.09 BTC (▲ 5.10%)
🏴☠ Captainz: 2.19 ETH (▲ 3.74%)
👩🏻 Milady Maker: 3.36 ETH (▲ 3.38%)
😡 Mad Lads: 65.00 SOL (▲ 3.34%)
🐵 NodeMonkes: 0.14 BTC (▲ 0.77%)
🍭 Mocaverse: 1.95 ETH (► 0.00%)
NFT Daily Losers:
🏳🌈 Chromie Squiggles: 3.75 ETH (▼ 1.54%)
🐧 Pudgy Penguins: 10.58 ETH (▼ 1.86%)
⛩ Azuki: 5.64 ETH (▼ 1.91%)
🐱 Quantum Cats: 0.24 BTC (▼ 1.96%)
🚬 CryptoPunks: 28.84 ETH (▼ 2.04%)
💼 Ordinal Maxi Biz: 0.15 BTC (▼ 3.06%)
🦧 Bored Ape Yacht Club: 11.60 ETH (▼ 3.33%)
Notes:
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