- The Daily Bone
- Posts
- 📉 Market crash accelerates
📉 Market crash accelerates
Trade war fallout continues, nine figures worth of Solana unlocks, and BlackRock's BUIDL fund sets a new record.
Today’s newsletter is brought to you in partnership with BlockBet, the premier crypto casino and sportsbook!
BlockBet just launched a new cash-back promotion where 20% of all net losses for bets placed with the BLOCK token will be refunded. Also, our month-long BlockBet tournament for the BoDoggos community is in full swing with up to $20,000 in rewards. To enter the month long tournament and be eligible for their $1M airdrop, use the link below or code “BoDoggos” when you sign up.
Top Stories
BTC $81,946 (-1.5%) | ETH $1,770 (-1.5%) | SOL $114 (-1.7%)
S&P 500 drops 4.9% in worst day since June 2020 — Pre-market down over 4% today
China imposes extra 34% tariffs on US goods — Requests WTO consultation over US tariffs
JPMorgan notes bitcoin's 'digital gold' narrative faces pressure
Traders now see a 50% chance of fourth Fed rate cut this year
Treasury yields on 2- to 10-year bonds drop by 15bps
$200M of SOL unlocks today, the largest single-day release until 2028
Blackrock’s BUIDL fund monthly dividends hit record $4.17M, setting a new record for tokenized treasuries
SEC acknowledges Fidelity's filing for Solana ETF
SEC chair candidate Paul Atkins clears Senate Banking Committee.
Coinbase Derivatives to launch XRP futures after CFTC application