Daily Crypto NewsEDITION #745, 04 May 2023

The Fed's rate and Powell's speech. Boring headline :(

Today, in 1996, the person who writes these digests for you was born. So if you want to congratulate, feel free to drop a message in the chat :)

Now let's get to the point. We'll talk about the Fed's rate and Powell's speech. We'll also discuss projects on SUI and go through the Mantle guide.

Let's go!

Yesterday, in addition to the SUI sale, we watched the Fed's behavior. In short, very briefly:

– The Fed raised the rate by 25 points. Now it is 5.25%.

This was, of course, very expected, but... more interesting is the speech of the Fed's chairman - Jerome Powell. What he said:

– We will most likely avoid a recession. Or maybe not, but it won't be severe.

– We have passed the banking crisis. The US banking system is reliable and stable.

– We won't have to raise rates anymore. Probably. They will monitor the situation, so don't celebrate too early.

So what?

After the Fed chairman's speech, shares of PacWest Bankcorp plummeted by 54% :) As for the rates, we'll see. Don't expect that the Fed won't raise rates anymore. They said their target is 2%, but they will monitor the situation.

Yes, the economy is a boring and uninteresting science, which unfortunately doesn't have a switch to press and make it go bull run! In short, we're watching, as usual.

– Curve deployed crvUSD on Ethereum

– Ex-OpenSea Exec Convicted of Wire Fraud, Money Laundering in Insider Trading Case

wen bull run Mr Powell???

Are you feeling FOMO about SUI right now? Or are you feeling happy? In any case, we have prepared a new testnet for you.

Project: Mantle. A whopping 914 points in Moni Discover! Lots of smart contracts in the subscriptions and rumors of a drop on Twitter;

Time to complete: about two hours, it all depends on you;

Costs: testnet, that is, nothing;

Goal: request tokens from the project, deploy the contract, mint a fresh NFT, and hope for a drop.

Click here! 

Disclaimer: it's possible that everything below could be a scam. SUI is a very young project, so be cautious. 

Once upon a time, Grazyin searched for gems on SUI, created a Twitter list, and...forgot about it because the projects themselves couldn't survive. But something remained.

SUI Wallets

– Sui Wallet

– Suiet 

SUI Gems

Find gems via these accounts: 

– Sui Ecosystem 

– Sui Insights  

Cool SUI projects to DYOR: 

– Clutchy. This is an NFT marketplace.

– Blue Move. NFT marketplace too 

– SuiNames. SUI domains

– MovEX. DEX on SUI 

– $MEME on SUI. Meme coin on SUI.

Old but gold: 

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