On Crypto

The Daily Run Down - 9/18/24

On Crypto Season 2 Episode 3

Everyone is a prediction market.

Could today's FOMC rate cut of 25-50 bps lead investors to want exposure to ETH staking yield, which could be more attractive than T-Bills and bonds? Or is ETH still too risky for a lower rate environment?
Does a 25-50 bps cut really matter? Don't we need more to know where the money will flow? 

Drangonfly announces plans to raise a $500m fund.