Binance lists a bunch of meme coins

Everyone is talking about the rate cut that is probably going to happen this week. And it looks like it’s going to be the biggest financial event lately. Europoors already lowered it, also all the sources confirm that there is no doubt that they will lower it. The question is by how much? Here is what we know:

• JPMorgan predicts 50bps, Citi 25bps, Bank of America 25bps, Goldman Sachs 25bps.

• The senator, Elizabeth Warren calls for a 75 basis point Fed rate cut this week.

• 50bps+ prediction is leading on Polymarket. 25bps now stands in the 2nd place.

• BlackRock says Fed rate cuts won't be as deep as the market anticipates.

Other than that, we’ve seen a nice move up on Friday and were ranging during the weekend. And down again just before Monday. Looks like crypto doesn’t like Mondays too, huh?

And here is what else you’ll read in today’s edition:

• D. Trump interview with crypto influencer

• MicroStrategy raising money for crypto (again)

• DeGods launches its token

• DuckDuckGo has issues with showing malicious websites on their rankings

• and more…

📰 Crypto & Finance News

• Binance founder and former CEO CZ should be out of prison on September 29th.

• Binance lists Babydoge, Neiro, and Turbo meme coins. Prices go up. Also, fake duplicates and fake tokens soar. Be careful!

• Crypto influencer Farokh interviewing Donald Trump tonight on X Spaces.

• JPMorgan CEO Jamie Dimon warns that the US economy could face a scenario worse than a recession.

🪂 Airdrops & Opportunities

• EigenLayer Season 2 airdrop claim is live.

• deBridge airdrop claim is live now. Claiming directly to centralized exchanges is also available.

• The $WAT token TGE was announced to happen on September 23rd.

• The LayerZero airdrop claim ends on September 20th. Unclaimed tokens will be redistributed to eligible wallets.

🤡 Degen Section

• DeGods launches a token $DEGOD that can be acquired by converting an NFT. 1 DeGod = 550,000 $degod. Sorry, had to put it in this section…

• KOLs and crypto influencers are getting rewards in Singapore, Degens Summit, a side event of Token2049. Some of them are known scammers.

• The number of daily active users on Solana could be mostly impacted by bots and it’s not a true metric. Not too surprising to be honest.

🔒 Security

• DuckDuckGo ranks Etherscan phishing sites among the top search results. Always double-check the links and use bookmarks for the most often-used websites.

• Delta Prime DeFi has been hacked and nearly $6M drained following an admin key leak.

🦁 Alpha & Insights

• Stocks are entering the year's most challenging two-week period.

• Michael Saylor's MicroStrategy plans to raise $700M to purchase more Bitcoin.

• Phantom adds a new cross-chain swap provider Mayan Finance. Now users can bridge from Ethereum to 30+ Solana tokens such as $SOL, $BONK, $JUP, etc.

• LogX has completed a strategic round, raising total capital to $10.1 million.

📈 Other Metrics & Numbers

• Crypto ETFs see a $436 million inflow, however, Ethereum has outflows of $19 million.

• Gold hits an all-time high in price.

😶‍🌫️ To Cheer You Up

IKYK…

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Disclaimer: The content of this newsletter is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and can involve significant risk. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. The opinions and information provided here are not a guarantee of future performance and should be considered carefully in the context of your personal financial situation.