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Greetings, crypto pioneers! We're back with another edition of the buidlbee newsletter, bringing you the latest happenings, insights, and opportunities in the cryptocurrency world. Whether you're deep in the market or just exploring, there's something here for everyone. Let's dive in! 🆙🔝

And here we go:

  • 🐻 Revolut's stablecoin development in progress

  • 🕹️ Binance launches Moonbix game

  • 🌠 Arthur Hayes predicts market crash post-Fed cuts

  • 💲 Only 42 projects outpace Bitcoin in 2024

  • 🔑 Key crypto market highlights (September 18-25)

  • 💵 Ideas

🪙 Revolut is developing its own stablecoin

The fintech giant has recently obtained a banking license in the UK, is valued at $45 billion, and is actively working on the creation of this digital asset. A representative of Revolut confirmed to Coindesk its intention to expand its cryptocurrency offerings, emphasizing compliance with all requirements and standards, as the company aims to become a “safe place” for the crypto community.

🕹️ Binance released Tap-to-Eran game Moonbix

The Moonbix game is reminiscent of the old classic Gold Miner, popular in the 90s. The player has 6 attempts, each lasting 45 seconds, to collect pieces of gold and avoid getting hit by black meteors. There has been no official announcement of tokenomics and rewards yet. Social tasks and inviting friends provide additional bonuses. You also need to create and connect a Binance account, which will give you extra points.

🌠 Arthur Hayes on Token2049 announced a short-term market crash due to Fed’s rate cuts

The American entrepreneur, co-founder and former director of cryptocurrency exchange BitMEX first criticized the Fed for considering a rate cut amid rising US dollar issuance and increased government spending.

“While I think a lot of people are looking forward to a rate cut, meaning they think the stock market and other markets will show an uptick, I think the markets will crash within days of the Fed cutting rates,” — he said.

💲 This year, only 42 projects have surpassed BTC in terms of price growth

At the same time, 11 tokens out of the top 15 are memecoins.

🔑 Key crypto market highlights (September 18-25)

💵 Ideas

[1] First on-chain activity in the Dune project

Dune is a service that provides a wide range of functionality for studying and analyzing blockchains

The team managed to raise about $80M from Multicoin Capital, DragonFly Capital, Coinbase Ventures and other venture funds.

And recently, Mint Moment was launched, allowing users to mint dashboards as NFTs. This functionality is built on infrastructure from Zora, so mint costs around 0.000777 ETH and uses Base as the underlying network.

What to do:

  • Go to the website and create an account;

  • Click on your nickname in the upper left corner and go to settings;

  • Fill in your profile and connect your wallet on the Wallets tab;

  • Find the dashboard via search or in the list and mint it by clicking Mint.

[2] Altseason — wen?

According to chaseIDR’s analysis, while the end of 2024 might see a short-term rise, 2025 will likely be a difficult year for both the crypto and stock markets. Expert expects a pattern similar to previous cycles: prices go up, then come crashing down. Although analysts hope for evidence that things might turn out differently this time, they haven’t seen any proof. Despite this, expert still strongly believes in crypto's long-term potential, especially if it reaches a low point before going up again.

*Any technical analysis, in the long run, cannot accurately predict the movement because now is a very tough market and the news can swing currencies in all directions.

[3] MetaMask`s airdrop

WalletConnect, the software through majority of us connect our wallets, decided to give away a WCT token. Along with the announcement of the $WCT token, the team rebranded to Reown

Allocation:

  • Total supply: 1B WCT tokens

  • Core development (7%): for future product development and improvements;

  • Rewards (17.5%): for staking and future rewards;

  • Airdrops (18.5%): for seasonal airdrops;

  • Team (18.5%);

  • Backers (11.5%): for early supporters;

  • WalletConnect Foundation (27%): for partnerships, grants, and ecosystem development.

Thanks for staying tuned with us! Until next time, stay bullish and HODL strong! 🐂💪

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