Navigating DeFi and Federal Reserve Rates

This chapter explores the surge in daily transactions in decentralized finance, discussing the impact of low transaction fees and the need for protections against exploitation by bots. It also analyzes the recent decision by the Federal Reserve to cut interest rates by 50 basis points, reflecting on the potential implications for the economy and market sentiment. Additionally, the chapter contrasts various expert opinions on the significance of these rate cuts, linking current economic indicators with rising cryptocurrency valuations.

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The Fed just cut rates by 50 basis points for the first time since the pandemic, how is the market reacting, should we be excited?

Trump revealed new details about World Liberty Financial. We’ll break down why they’re building it, who’s involved, and what’s going on with the token.

We also have a Tale of Two Chains: Bitcoiners watching Trump buy a burger with Bitcoin in NYC, while Ethereans premiere an Ethereum documentary down the street. ------ 📈 INDEX COOP | LEVERAGE TOKENS https://bankless.cc/IndexCoop ------ BANKLESS SPONSOR TOOLS:

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🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle ⚡️ CARTESI | LINUX-POWERED ROLLUPS https://bankless.cc/CartesiGovernance

🗣️TOKU | CRYPTO EMPLOYMENT https://bankless.cc/toku

------ ✨ Mint the episode on Zora ✨ https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/66?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E

------ TIMESTAMPS & RESOURCES

00:00 Start 02:36 Markets https://x.com/ledgerstatus/status/1835473538028814667

06:09 RSA Finally Cracks https://x.com/RyanSAdams/status/1836779556998459436

10:55 Total MKT Cap https://www.coingecko.com/en/global-charts

11:09 L2 Update https://www.growthepie.xyz/fundamentals/transaction-count

13:36 Fed Rate Cuts https://x.com/SpecialSitsNews/status/1835699786785136703 https://www.cnbc.com/2024/09/18/fed-cuts-rates-september-2024-.html

18:57 Cut Reactions https://x.com/TimDuy/status/1836154346045870391 https://x.com/coinbase/status/1836470341063053572 https://x.com/RyanSAdams/status/1836795960321585388 https://www.coindesk.com/business/2024/09/18/arthur-hayes-if-they-go-50-that-will-be-a-nuclear-catastrophe-for-financial-markets/ https://x.com/intocryptoverse/status/1836471892674302430?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g https://x.com/Jamie1Coutts/status/1836192104722370930 https://www.tradingview.com/chart/1RYLG2gC/?symbol=NASDAQ%3AQQQ https://youtu.be/b6O-lHr-D0s?si=7uiJPAxPibmCTLsz

27:03 Trump's Liberty Financial https://x.com/EricTrump/status/1834322630721122521 https://x.com/worldlibertyfi/status/1835748701534404945 https://x.com/alexandergrieve/status/1836006655223275904

32:06 Takes On The Project https://x.com/iamDCinvestor/status/1836006290125987860 https://x.com/worldlibertyfi/status/1835300402163503260?s=46&t=dmRhP54bJmHi0Ppb8BT30Q

34:42 Trump Pays With Bitcoin https://x.com/WatcherGuru/status/1836510214482284545 https://x.com/crypto_condom/status/1836512092503077146

36:39 Vitalik Film Premiere https://ethereumfilm.xyz/streaming https://x.com/EthereumFilm/status/1828192695095042429 https://x.com/TrustlessState/status/1836737714223210638 https://x.com/dimabuterin/status/1836701356565922006 https://x.com/ViktorBunin/status/1836556640734085478 https://x.com/jessepollak/status/1836607456497275028 https://x.com/jessepollak/status/1836607456497275028 https://x.com/EthereumFilm/status/1835973354995499061

41:36 SEC Sues Rari? https://www.sec.gov/newsroom/press-releases/2024-138 https://x.com/dcfgod/status/1836488126744924299

43:03 The Flyfish Case https://www.sec.gov/files/litigation/admin/2024/33-11305.pdf https://x.com/HesterPeirce/status/1835757603860681141 https://x.com/FinancialCmte/status/1836124400695021654 https://x.com/RepFrenchHill/status/1836420981310542092?t=KbWMCpEacfkVWgSADJSgQg&s=19

50:41 Token 2049 https://x.com/justinsuntron/status/1836330985706918253 https://unchainedcrypto.com/buterin-at-token2049-were-not-early-to-crypto-but-were-early-to-crypto-being-usable/

53:36 New Zora App https://x.com/RyanSAdams/status/1836399083482742814

56:19 New Fastest Rollup https://x.com/atlasxyz/status/1833880969251524973

57:39 Permissionless Party https://lu.ma/yj5pdeqe Bankless listeners - 10% off tickets with BANKLESS10 Bankless citizens - 30% off tickets with link: https://bankless.cc/PermissionlessDiscount

59:26 Moment Of Zen https://www.youtube.com/watch?v=71DtEk1cFdg

------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures ⁠

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