Become your own bank.
It’s time to ditch your bank altogether and embrace the crypto life:
Spend it directly with no fees on the sale, and earn 3-5% back on every purchase—debit or credit.
Never sell - live like a billionaire: avoid taxes, compound wealth. Don’t worry about on-and-off ramps or taxes by spending against your balance as credit debt.
Pay off your debt with yield + cashback: earn 9% on stables, 7% on ETH, 2% on BTC, with HYPE and SOL on the way.
Use borrow mode: 70% LTV against your whole portfolio, “only borrow, never sell”
Keep self-custody, earn big yield, and never pay for instant withdrawals or have your money stuck in a CEX again.
GM.
It seems like the pullback is indeed continuing to pull the prices back. Even though today’s US retail sales data came in positive, it seems like BTC wants to take a bit longer of a breather.
Simply put, if BTC isn’t above $118.3k by the end of the day and the week, it solidifies the expectations of markets retesting the previous lows from the beginning of August. Of course, a lot can change until then, and there will be bounces along the way.
What’s certainly promising here are these CEX stablecoin inflows. Someone is getting ready to use these dips to their advantage.
Nevertheless, if markets continue to dip, I expect many more top-callers to appear on the timeline. If you’re one of those, I would advise checking out this comparison explaining where we stand now compared to the market top of 2021.
Going into the second half of August and then September, I believe that pullbacks are still opportunities. Happy weekend to all.
👇 And if you haven’t yet, hit subscribe below 👇
The important bits.
Almanak’s TVL is rising constantly indicating sucesss, check the stats here
Alamanak updates Cookie DAO snap campaign, learn how to get multiplier rewards here
Fuel Networks explains partnership with real time Stork oracles, read here
Altitude explains self-repaying loans, learn and try it out here
Stargate features the “Stablecoin Playbook” by Dynamic, read here
Shadow Exchange announces its new mascot Sado, watch video here
INFINIT publishes August yapper spotlight, read here
INIFIT explains V2 DeFi strategies, learn and try them here
Sophon announces the Guardian NFT buyback program, learn more here
PreStock announces partnership with RainFi, read here
Plasma explains how it will unlock the ultimate potential of digital dollars, read here
Yieldbasis releases the protocol core contracts for Autoleverage AMM, read here
Even more important bits.
Google says: “upcoming Play Store policy changes won’t remove non-custodial crypto wallets”
MetaMask is reportedly gearing up to launch its own US dollar-pegged stablecoin, mUSD, read here
Keyrock says stablecoin payments projected to top $1T annually by 2030, read here
Charts and stats of the day.
Hyperliquid reached new all-time highs with $29B in 24h volume, read here
Telemetry data of the day.
Let’s check both Pump and Bonk stats today.
Trending PumpFun & Bonk, last 24H:
If you want to access more of this type of data and trade freshly graduated tokens on PumpFun of Bonk, visit Telemetry here (it`s free).
Boring markets? Let’s farm Hyperunit.
Hyperunit is turning into an absolute beast. If you need to know why, simply check out these volume statistics and read about the UNIT valuation potential.
Right now, there’s a great and simple opportunity to stack Hyperunit activity for the potential airdrop using Liminal Finance.
Simply jump here, click into “Pro” mode in the upper section, and choose a strategy for all the spot tokens: BTC, ETH, USDE, Fartcoin, etc.
This way, you’ll get exposure to Hyperunit spot assets and be rewarded with around 12% APR. Enjoy!
To save you doom scrolling.
This type of content deserves proper exposure. If you need a full crypto portfolio blueprint for your trading journey, definitely check this one out.
There we have it. A bit of a boring week is behind us, so let’s hope this choppy downside session resolves itself soon enough.
Only two weeks left until the end of August. The markets are primed for continuation. Enjoy touching grass over the weekend and then we back at it.
stay safe homies,
Hix0n 🫡
