🌶️ Dubai Courts: Crypto Is Accepted For Salaries

Yesterday we witnessed a record outflow from Ethereum ETFs. Also, we had a huge sell-off and solid numbers of liquidations. However, it seems the market looks better today. Let’s hope it stays that way. We have a lot of bullish news for crypto:

• Dubai Courts decision on crypto salaries

• Bet on monkeypox pandemic on Polymarket

• Vitalik donates $500,000 to charity

• and more…

📰 Crypto & Finance News

• Dubai court decided that crypto payments are acceptable for paying the salary. Bullish.

• Vitalik Buterin donates $500,000 to charity. All that he got from animal-themed meme coins last year. Chad move.

• South Korean pension fund buys $34 million worth of Microstrategy shares.

🪂 Airdrops

• Rivalz Network got the funding and we know there will be an airdrop. Start grinding.

• Blum has some interesting insights on the Monad ecosystem. As we all wait for its airdrop, it could be smart to lock in.

🤡 Degen Section

• Now, we bet on the Mpox pandemic on Polymarket. It is at a 17% chance at the moment.

• 6ix9ine thinks he is a new main character of crypto—lots of drama on X. Including our “To Cheer You up” section.

🔒 Security

• Germans name hardware wallets as the most secure solution. Well, we bet you already knew that, but with German verification, it builds solid proof.

🦁 Alpha, Opportunities & Insights

• Mint IYK Zorb on Zora.

• The Shardeum Atomium quest on Galxe is available now.

• Sugartown keeps teasing us.

• Initia initializing its mainnet.

📈 Other Metrics & Numbers

• Grayscale has transferred thousands of ETH to Coinbase again.

• We had $11 million in BTC Spot ETF inflows yesterday, even though GBTC got $25 million in outflows.

• Ethereum Spot ETFs also saw outflows, a record $39.21 million was caught on.

😶‍🌫️ To Cheer You Up

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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.