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Date: Wed, 13 Sep 2023 21:49:27 +0000
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From: Coinbase Bytes <newsletter@mail.coinbase.com>
Message-ID: <0100018a90854578-c31b370e-aa76-4ed0-af2d-b8deabc8411c-000000@email.amazonses.com>
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Reply-To: newsletter@mail.coinbase.com
Subject: What the G20 summit said about crypto
To: Vincent Herbert <vince@showfile.com>

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Coinbase BytesPlus, three reasons crypto markets were down to start the wee=
k.
View in browser=20
<https://links.coinbase.com/e/evib?_t=3D3aca56371967418192255878e9689713&_m=
=3De79a85f0054641b0a7b7f1d114e69a7c&_e=3DQcQkhmKIE9ulzRLUMt56P7V-AVQkK610p4=
jMwhYYY-sUEXCB6Gxx9Tm2SVNMwH8rEBWw_UmQhsgBSnL2OqGaVQ%3D%3D>
 <https://coinbase.com>
 13/09/2023
 <https://www.coinbase.com>
Many of the world=E2=80=99s largest economies discussed crypto policy at th=
is year=E2=80=99s=20
G20 summit in New Delhi, India. [Bet_Noire via Getty Images]

What=E2=80=99s up? It=E2=80=99s Coinbase Bytes=20

There=E2=80=99s never a dull moment on the blockchain. Here=E2=80=99s what =
you need to know=20
this week:

 * BTC sank to a three-month low before bouncing back. How inflation and ot=
her=20
economic forces are impacting crypto markets.
 * Crypto was a hot topic at this year=E2=80=99s G20 summit. Leaders of the=
 world=E2=80=99s=20
largest economies talked crypto at their annual meeting.
 * This week in numbers. The year=E2=80=99s buzziest crypto app sees new si=
gns of=20
life, France quizzes its crypto influencers, and more.




Bitcoin

 =C2=A320,982.41=20

 +2.24%=20
 <https://coinbase.com/price/bitcoin?bytes_title=3Dbitcoin>=20

Ethereum

 =C2=A31,283.67=20

 -1.37%=20
 <https://coinbase.com/price/ethereum?bytes_title=3Dethereum>=20


XRP

 =C2=A30.39=20

 -3.21%=20
 <https://coinbase.com/price/xrp?bytes_title=3Dxrp>=20

Cardano

 =C2=A30.20=20

 -3.11%=20
 <https://coinbase.com/price/cardano?bytes_title=3Dcardano>=20


Dogecoin

 =C2=A30.05=20

 -3.35%=20
 <https://coinbase.com/price/dogecoin?bytes_title=3Ddogecoin>=20

Solana

 =C2=A314.72=20

 -5.82%=20
 <https://coinbase.com/price/solana?bytes_title=3Dsolana>=20


Bitcoin

 =C2=A320,982.41=20

 +2.24%=20
 <https://coinbase.com/price/bitcoin?bytes_title=3Dbitcoin>=20

Ethereum

 =C2=A31,283.67=20

 -1.37%=20
 <https://coinbase.com/price/ethereum?bytes_title=3Dethereum>=20

XRP

 =C2=A30.39=20

 -3.21%=20
 <https://coinbase.com/price/xrp?bytes_title=3Dxrp>=20


Cardano

 =C2=A30.20=20

 -3.11%=20
 <https://coinbase.com/price/cardano?bytes_title=3Dcardano>=20

Dogecoin

 =C2=A30.05=20

 -3.35%=20
 <https://coinbase.com/price/dogecoin?bytes_title=3Ddogecoin>=20

Solana

 =C2=A314.72=20

 -5.82%=20
 <https://coinbase.com/price/solana?bytes_title=3Dsolana>=20
Price changes are for the past week, ending on Sep 13, 2023 at 08:44 PM UTC
See the latest prices <https://www.coinbase.com>



 MARKET UPDATE=20

Crypto prices dip again as traders wait for inflation numbers

All ten of the biggest non-stablecoin cryptocurrencies were down again earl=
ier=20
this week=20
<https://finance.yahoo.com/news/bitcoin-ether-extend-losses-g20-110333606.h=
tml>
, with BTC briefly hitting a three-month low below $25,000 on Monday before=
=20
climbing back above $26,500 on Tuesday. Market watchers are paying attentio=
n to=20
several key events that could have further impact on prices.

Here=E2=80=99s what you need to know.=20

 * Two key economic indicators will be announced on Wednesday and Thursday =
of=20
this week: the Consumer Price Index (CPI), which measures the prices Americ=
ans=20
pay for a wide range of goods and services, and the Producer Price Index (P=
PI),=20
which measures the change in the prices paid to producers of goods and serv=
ices.
 * The CPI and PPI are considered good proxies for inflation, which the=20
Federal Reserve has been fighting by raising interest rates to their highes=
t=20
level in decades. According toa new Morningstar report=20
<https://www.morningstar.com/markets/august-cpi-forecast-show-more-good-new=
s-inflation-higher-gas-prices-aside>
, the data will likely show that inflation is slowing fast enough for the F=
ed=20
to leave rates where they are. But if the data shows inflation rising or=20
falling more slowly than anticipated, rates could continue to tick up, whic=
h=20
could pressure crypto markets.
 * A wide range of altcoins, including Arbitrum, Polygon, and Aptos have se=
en=20
steep drops this week.XRP =E2=80=94 which spiked earlier this summer after =
issuer=20
Ripple=E2=80=99slegal victory=20
<https://www.coinbase.com/bytes/archive/inside-the-ripple-ruling> over the=
=20
Securities and Exchange Commission =E2=80=94 fell nearly 5% overnight on Su=
nday as the=20
SECprepares to appeal the decision=20
<https://www.coindesk.com/policy/2023/09/08/sec-counters-ripple-in-effort-t=
o-appeal-groundbreaking-xrp-ruling/>
.
 * At least some of the bearish=20
<https://www.coinbase.com/learn/crypto-basics/what-is-a-bull-or-bear-market=
>=20
altcoin sentiment came in response to FTX=E2=80=99splans to liquidate=20
<https://www.bloomberg.com/news/articles/2023-09-11/bitcoin-btc-slips-below=
-25-000-solana-sol-falls-on-ftx-speculation?sref=3DaInCMkkj>
 around $3.3 billion in crypto assets. According to a court filing, the fir=
m=20
holds nearly $1.2 billion in Solana (SOL). Many analysts pointed out that F=
TX=E2=80=99s=20
bankruptcy processisn=E2=80=99t likely to cause market shocks=20
<https://milkroad.com/daily/fact-or-fiction-is-a-multi-billion-dollar-sell-=
off-coming/>
. AsMessari noted <https://twitter.com/MessariCrypto/status/170127169015039=
6278>
, the firm=E2=80=99s SOL holdings are =E2=80=9Clargely comprised of vesting=
 tokens that are not=20
immediately liquid in open markets.=E2=80=9D
 * BTC=E2=80=99s Tuesday rebound may have been the result of a =E2=80=9Csho=
rt squeeze=E2=80=9D=20
according to CoinDesk=20
<https://www.coindesk.com/markets/2023/09/12/bitcoin-short-squeeze-lifts-pr=
ices-back-to-26k/>
: =E2=80=9Ca rally powered by an unwinding of bearish derivative bets.=E2=
=80=9D


The bottom line=E2=80=A6 Despite the flurry of news this week, there might =
not be that=20
much to see here. Market sentiment seems to reflect that dynamic: After=20
crypto=E2=80=99s broader market cap slid about 3% on Monday,it rebounded by=
 almost the=20
same amount=20
<https://www.bloomberg.com/news/articles/2023-09-12/looming-ftx-crypto-sale=
s-stir-bitcoin-btc-price-volatility?sref=3DaInCMkkj>
 on Tuesday.
Get more market insights=20
<https://www.coinbase.com/institutional/research-insights>=20
<https://www.coinbase.com/learning-rewards>

 DIGITAL DIPLOMACY=20

Global leaders talk crypto policy at the G20 summit

Crypto was a major topic at the G20 summit, which gathered the leaders of m=
any=20
of the world=E2=80=99s biggest economies in New Delhi, India last weekend. =
The summit,=20
which was hosted by Indian Prime Minister Narendra Modi (and attended by=20
leaders including President Biden), issued a joint declaration that include=
d a=20
section on crypto policy =E2=80=94 an indicator that governments around the=
 world see=20
the growing need for clarity in crypto regulation. Here=E2=80=99s what you =
need to know.

What is the G20?

The Group of 20 is a consortium of many of the world=E2=80=99s largest econ=
omies=20
<https://www.nytimes.com/2022/11/14/world/europe/what-is-g20-summit.html>,=
=20
consisting of 19 countries and the European Union. Members =E2=80=94 includ=
ing the=20
U.S., China, Russia, India, and South Africa =E2=80=94 meet annually in an =
attempt to=20
coordinate policy around issues that impact the global economy. Key issues =
up=20
for discussion this year included the war in Ukraine, global climate policy=
,=20
and crypto regulation.

Why was crypto on this year=E2=80=99s agenda?

There=E2=80=99s growing international consensus on the need for regulatory =
clarity in=20
crypto. According to arecent Coinbase report=20
<https://www.coinbase.com/blog/announcing-phase-ii-of-our-international-exp=
ansion-strategy-83-of-major-hubs>
, =E2=80=9C83% of G20 members and major financial hubs have made progress t=
oward=20
regulatory clarity for crypto.=E2=80=9D

The host country sets the agenda, and since last year, major Indian politic=
al=20
figures have been signaling their intention tomake crypto a key topic=20
<https://www.coindesk.com/policy/2023/08/02/g20-president-india-publishes-i=
ts-input-for-framing-global-crypto-rules/>
, with the country=E2=80=99s finance ministersaying=20
<https://www.coindesk.com/policy/2022/11/01/indian-finance-minister-says-cr=
ypto-regulation-is-a-working-priority-for-its-g20-presidency-next-month/>
 that "no one single country can succeed in individually, being in a silo,=
=20
trying to regulate the crypto assets.=E2=80=9D In the runup to this year=E2=
=80=99s meeting,=20
India also requested that the International Monetary Fund and Financial=20
Stability Board detail a roadmap toward a global crypto regulatory framewor=
k=20
and policy recommendations.

Which crypto topics were discussed at the G20?

Participating countries agreed to work toward implementing the IMF-FSB poli=
cy=20
roadmap =E2=80=94 although the plan is short on specifics. Instead, it prov=
idesbroad=20
recommendations=20
<https://www.coindesk.com/policy/2023/09/05/global-standard-setters-to-deli=
ver-global-crypto-policy-roadmap/>
: that countries shouldn=E2=80=99t implement outright bans of crypto, that =
they should=20
institute sound monetary policies to ensure that citizens don=E2=80=99t beg=
in to prefer=20
crypto over fiat currencies in the long run, and that central banks shouldn=
=E2=80=99t=20
hold crypto. Because G20 resolutions are non-binding, actual regulations wi=
ll=20
come from each member=E2=80=99s domestic legislative process.

What happens next?=20

As India=E2=80=99s G20 presidency=20
<https://www.reuters.com/world/india-hands-over-g20-presidency-brazil-2023-=
09-10/#:~:text=3DNEW%20DELHI%2C%20Sept%2010%20(Reuters,in%20New%20Delhi%20t=
his%20weekend.>
 winds down, all eyes are turning toward Brazil, which will assume the=20
presidency in December, and which is expected to have a more progressive=20
approach to crypto=20
<https://www.coindesk.com/consensus-magazine/2023/09/11/the-g20s-crypto-han=
d-wringing-is-not-significant/>
 as a global leader in crypto regulation. Latin America=E2=80=99s largest e=
conomy=20
already boasts a domesticcrypto framework=20
<https://fortune.com/crypto/2023/06/14/brazil-central-bank-crypto-regulatio=
ns/>
, has multiplespot crypto ETFs=20
<https://www.coinbase.com/bytes/archive/bitcoin-rallies-on-wall-streets-cry=
pto-moves>
 trading on markets, and allows fortax payments=20
<https://www.coindesk.com/business/2023/02/13/brazils-largest-public-bank-e=
nables-tax-payments-to-be-made-with-crypto/>
 in cryptocurrency.
Read our international report=20
<https://www.coinbase.com/blog/announcing-phase-ii-of-our-international-exp=
ansion-strategy-83-of-major-hubs>



 NUMBERS TO KNOW=20

$31.7 million

Value of energy credits earned=20
<https://www.theblock.co/post/249674/texas-riot-30-million-bitcoin-miners> =
by=20
crypto mining firm Riot Platforms for lowering the power consumption of its=
 BTC=20
mines in Texas during a record heat wave this month.

$22.8 million

Total value locked into <https://defillama.com/protocol/friend.tech> the bu=
zzy=20
decentralized social protocol Friend.tech, weeks after many observersdescri=
bed=20
it as =E2=80=9Cdead=E2=80=9D=20
<https://www.cryptotimes.io/friend-tech-tvl-nears-20m-after-being-declared-=
dead-weeks-ago/>
 following a sharp drop in user activity. As of Monday Friend.tech ranked t=
hird=20
across all DeFi apps in earned fees and revenue.

25

Number of questions on a new exam=20
<https://beincrypto.com/france-expands-certificate-for-crypto-influencers/>=
=20
that French crypto and finance =E2=80=9Cinfluencers=E2=80=9D have to take a=
s part of a=20
certification process aimed at protecting investors. Influencers must score=
 75%=20
to pass.






 AROUND COINBASE=20

A competition for web3 ideas, ETH staking gets easier, and what=E2=80=99s n=
ext for=20
crypto?

 * Coinbase CEO Brain Armstrong spoke to Yahoo Finance at Goldman Sachs=E2=
=80=99=20
Communacopia + Technology conference in San Francisco last week in a=20
wide-ranging discussion about regulatory developments, bitcoin ETF=20
applications, and why he is confident that crypto =E2=80=9Ccould become a h=
ot topic in=20
the presidential race in 2024.=E2=80=9D (Watch the interview=20
<https://finance.yahoo.com/video/coinbase-ceo-companys-next-steps-172157616=
.html>
.)
 * Think you have an idea for the next great decentralized application or=
=20
crypto protocol? Complete our new product challenge=20
<https://www.coinbase.com/bounty/5UjkrQJ3lFiActZKEyZrew> and submit your we=
b3=20
idea for a chance to win up to $2,000 in ETH, a Finisher NFT, and more.
 * Partial ETH staking is here. Together with Kiln, Coinbase is launching a=
=20
partial ETH staking solution=20
<https://www.coinbase.com/blog/coinbase-cloud-and-kiln-unlock-native-eth-st=
aking>
, allowing users to stake any amount of ETH natively and participate direct=
ly=20
on the blockchain. The new offering will be accessible on Coinbase Wallet i=
n=20
coming weeks.





 TOKEN TRIVIA=20

What is proof of work?

AThe way miners secure and scale Bitcoin=E2=80=99s blockchain
BA way to verify transactions on a blockchain=20
CThe predecessor to proof of stake
DAll of the above
Find the answer at the end of the email.
Learn about proof of work=20
<https://www.coinbase.com/learn/crypto-basics/what-is-proof-of-work-or-proo=
f-of-stake#:~:text=3DProof%20of%20work%20is%20the%20original,mechanism%2C%2=
0first%20used%20by%20Bitcoin.&text=3DThe%20winner%20gets%20to%20update,a%20=
predetermined%20amount%20of%20crypto>



 NOW TRADING ON COINBASE=20

PYUSD
PayPal USD (PYUSD) is a stablecoin pegged to the U.S.=20
 <https://www.coinbase.com/price/paypal-usd?bytes_new=3Dpaypal-usd>


Trivia answer

DAll of the above

 <https://itunes.apple.com/us/app/coinbase-bitcoin-wallet/id886427730?mt=3D=
8>=20
<https://play.google.com/store/apps/details?id=3Dcom.coinbase.android>
Disclaimer: This material is the property of Coinbase, Inc., its parent and=
=20
affiliates ("Coinbase"). The views and opinions expressed herein are those =
of=20
the author and do not necessarily reflect the views of Coinbase or its=20
employees and summarizes information and articles with respect to=20
cryptocurrencies or related topics that the author believes may be of inter=
est.=20
This material is for informational purposes only, and is not (i) an offer, =
or=20
solicitation of an offer, to invest in, or to buy or sell, any interests or=
=20
shares, or to participate in any investment or trading strategy, (ii) inten=
ded=20
to provide accounting, legal, or tax advice, or investment recommendations =
or=20
(iii) an official statement of Coinbase. No representation or warranty is m=
ade,=20
expressed or implied, with respect to the accuracy or completeness of the=
=20
information or to the future performance of any digital asset, financial=20
instrument or other market or economic measure. The information is believed=
 to=20
be current as of the date indicated on the materials. Recipients should con=
sult=20
their advisors before making any investment decision. Coinbase may have=20
financial interests in, or relationships with, some of the entities and/or=
=20
publications discussed or otherwise referenced in the materials. Certain li=
nks=20
that may be provided in the materials are provided for convenience and do n=
ot=20
imply Coinbase's endorsement, or approval of any third-party websites or th=
eir=20
content. Coinbase, Inc. is not registered or licensed in any capacity with =
the=20
U.S. Securities and Exchange Commission or the U.S. Commodity Futures Tradi=
ng=20
Commission.

 =C2=A9 Coinbase 2023 | Coinbase Europe Limited=20
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 =C2=A9 Coinbase 2023 | CB Payments, Ltd=20
 The Scalpel - 18th Floor | 52 Lime Street | London | EC3M 7AF | UK=20
www.coinbase.com <https://www.coinbase.com/>=20
Get in touch <https://help.coinbase.com/en>=20

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Electronic Money Regulations 2011 (register number 900635) for the issuing =
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electronic money.

 Cryptocurrency is unregulated in the UK and may gain in value, or lose som=
e=20
or all value. Profits may be subject to Capital Gains Tax.


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uX7IiIYhTvvB-hzNPc-mT87GS2suoKXl4NXiC29xM6sm9ZNgsbf4p2jreSp6IolubxnEmfxY1Jy=
eR0EkrAwt3NSfLz8cO8RCI4Vmjfc9JIeL2Kl2wHB6MYoNrL7" title=3D"Coinbase Bytes" =
target=3D"_blank" rel=3D"noopener noreferrer"><img src=3D"https://d15k2d11r=
6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542c=
ff6dd6a/3aca56371967418192255878e9689713/cbytes-4x.png" height=3D"36" style=
=3D"display: block; height: 36px;"></a></td><td style=3D"text-align: right;=
"><p style=3D"font-size: 20px; color: rgb(10, 11, 1); margin: 10px 0px 0px;=
"> 13/09/2023</p></td></tr></tbody></table></div><a href=3D"https://links.c=
oinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3De79a85f00546=
41b0a7b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tGMzjQTnR4qSoz0mnVLacPAVguenv=
AE3VYIuo1ACiMJddrSp18QgwwXV6svK6V7pIkta9Hcsx2drG8SUGKP159D_Vg0IRsaI9pjpjDI-=
vJQE9bg1A95p27UBJgT8PV6U-t_7WS4-iF5bnsBg1eWpop1WNm_ldTENmEYpvK6L4u5siwrW0ts=
e4OP-GysspJkcAw3B9dn13zSLWm30ZGIJ7f4PHr_Apspi6D39e-ltqXgaNn-HLGt70042GMnORq=
Iqo-HQBkkXdeHL1t7lo0gSWKeplrunzRkkh4xzd9cCU18U" target=3D"_blank" rel=3D"no=
opener noreferrer"><img src=3D"https://images.ctfassets.net/q5ulk4bp65r7/4H=
zWdoYRMXb4kW590ijJld/ba82f51a4e8d0524c182dde20af19b82/image1.jpg" width=3D"=
100%" style=3D"display: block; width: 100%;"></a><p style=3D"margin: 16px 0=
px 0px; line-height: 1.5; word-break: break-word; font-size: 12px; color: r=
gb(91, 97, 110);">Many of the world=E2=80=99s largest economies discussed c=
rypto policy at this year=E2=80=99s G20 summit in New Delhi, India. [Bet_No=
ire via Getty Images]</p><p style=3D"margin: 48px 0px 16px; font-size: 32px=
; line-height: 1.26; word-break: break-word;"><strong>What=E2=80=99s up? It=
=E2=80=99s Coinbase Bytes </strong></p><p style=3D"margin: 0px; line-height=
: 1.6; word-break: break-word;">There=E2=80=99s never a dull moment on the =
blockchain. Here=E2=80=99s what you need to know this week:</p><!--[if mso]=
><ul style=3D"line-height:1.6;mso-line-height-alt:26px;"><![endif]--><!--[i=
f !mso]><!-- --><ul style=3D"margin: 10px 0px; padding-left: 24px; line-hei=
ght: 1.6;"><!--<![endif]--><li style=3D"margin: 0px; padding: 6px 0px;"><st=
rong>BTC sank to a three-month low before bouncing back. </strong>How infla=
tion and other economic forces are impacting crypto markets.</li><li style=
=3D"margin: 0px; padding: 6px 0px;"><strong>Crypto was a hot topic at this =
year=E2=80=99s G20 summit. </strong>Leaders of the world=E2=80=99s largest =
economies talked crypto at their annual meeting.</li><li style=3D"margin: 0=
px; padding: 6px 0px;"><strong>This week in numbers. </strong>The year=E2=
=80=99s buzziest crypto app sees new signs of life, France quizzes its cryp=
to influencers, and more.</li></ul><p style=3D"margin: 0px; padding: 0px;">=
</p><!--[if !mso]><!--> <div class=3D"desktop_hide" style=3D"mso-hide:all;d=
isplay:none;max-height:0;overflow:hidden;"> <table style=3D"width:100%;tabl=
e-layout:fixed;margin:0;"> <tbody> <tr> <td style=3D"padding-top:40px;"> <a=
 href=3D"https://comm.coinbase.com/CL0/https:%2F%2Flinks.coinbase.com%2Fa%2=
Fclick%3F_t=3D3aca56371967418192255878e9689713%26_m=3De79a85f0054641b0a7b7f=
1d114e69a7c%26_e=3D6BZ6WomiAPS0xTBU-lF1tAWM83VwQmWEkWUUGtCDPbzAXJq1YsGkmpw4=
qJEx2RG7m-2ZvH8XlnU5NhxQ3CY403AoieeiGjqjvOKNVeZXdwdhtG5rlWAkVi0hU-nzLqs-6oP=
gg7UklKDn2r_d1xdoIPrPlPJ25ik3qTSG1r35PD16iUHnaWZs-ehHTZKeM-XJWmCZasRSTKZUiX=
OIr0og2drzY3ILZ16ermLYKIgv0EQVGz1EcrbfLXtp-B7-t83zAKDIbqmYkTu9FQHLMT0ZTrduK=
Dkg8aTuKUpfEkmPiSDLhTpZOgsuwbv5yfTc_WXaJVM87Kc_yWwjA1cFY8zAjoW8QGAb_htu0UbM=
jTZUm2Y%253D/1/0100018a90854578-c31b370e-aa76-4ed0-af2d-b8deabc8411c-000000=
/hdoBgsosKsgZIk80pSn2Vy78gbWEovOuBgZ6uHue8d0=3D318" target=3D"_blank" style=
=3D"text-decoration:none;color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D=
"padding:0;vertical-align:top;"> <img src=3D"https://d15k2d11r6t6rl.cloudfr=
ont.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca5=
6371967418192255878e9689713/up-arrow.png" style=3D"height:12px;width:12px;m=
argin:2px 0px 0px 0px;vertical-align:top;" height=3D"12" width=3D"12"/> </t=
d> <td style=3D"padding:0;vertical-align:top;"> <div style=3D"text-align:le=
ft;margin:0px 0px 0px 10px;line-height:1;"> <p style=3D"margin:0;"><strong>=
Bitcoin</strong></p> <p style=3D"margin:8px 0px;"> =C2=A320,982.41 </p> <p =
style=3D"margin:0;font-size:12px;"> +2.24% </p> </div> </td> </tr> </tbody>=
 </table> </a> </td> <td style=3D"padding-top:40px;"> <a href=3D"https://co=
mm.coinbase.com/CL0/https:%2F%2Flinks.coinbase.com%2Fa%2Fclick%3F_t=3D3aca5=
6371967418192255878e9689713%26_m=3De79a85f0054641b0a7b7f1d114e69a7c%26_e=3D=
6BZ6WomiAPS0xTBU-lF1tAWM83VwQmWEkWUUGtCDPbych9OoIuPkOw8Jds4ZIGfaDGr2iVSf1g4=
-ODjf3RfnieBzaiAZgtGpgnutt2kx2OSMZVFQwX00OfHSGUFyBLbog3vku7e1AIWgz1zMmEG2hD=
FvkXYSsp6UMo-9gPsbgaTvCrO8S2ZqvTtjcoq2IxEmoOw2Hn7aCJM8W-PTsE9TPZ0Ngy7RR1Qc6=
6U-RCHCwyessnDvSyf1YwKlJ0OIOvP4i2eVj3rJGahefEKHojHx8JL2_EPsm1V5UYI0aGrx1ThJ=
cM69h3qSjMk2i4TnkD3tMQoQArZqx08c7FkM2NNlbjD1vIE2RZh8lh9lSHRZLxY%253D/1/0100=
018a90854578-c31b370e-aa76-4ed0-af2d-b8deabc8411c-000000/ziVIP6EMxJyyGTYAha=
OxEgyjeJDBB9tTt2kDzHznlig=3D318" target=3D"_blank" style=3D"text-decoration=
:none;color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"padding:0;vertical=
-align:top;"> <img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/user=
s/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878=
e9689713/down-arrow.png" style=3D"height:12px;width:12px;margin:2px 0px 0px=
 0px;vertical-align:top;" height=3D"12" width=3D"12"/> </td> <td style=3D"p=
adding:0;vertical-align:top;"> <div style=3D"text-align:left;margin:0px 0px=
 0px 10px;line-height:1;"> <p style=3D"margin:0;"><strong>Ethereum</strong>=
</p> <p style=3D"margin:8px 0px;"> =C2=A31,283.67 </p> <p style=3D"margin:0=
;font-size:12px;"> -1.37% </p> </div> </td> </tr> </tbody> </table> </a> </=
td> </tr> <tr> <td style=3D"padding-top:20px;"> <a href=3D"https://comm.coi=
nbase.com/CL0/https:%2F%2Flinks.coinbase.com%2Fa%2Fclick%3F_t=3D3aca5637196=
7418192255878e9689713%26_m=3De79a85f0054641b0a7b7f1d114e69a7c%26_e=3D6BZ6Wo=
miAPS0xTBU-lF1tAWM83VwQmWEkWUUGtCDPbwTRNlwI_W1yd7TLs1o3pf49TmnscCNwgFP2L9qt=
4SvipyxW3NxnAU9ijqo0QFBIf6hHR6rOiKvtqPJZ29dY7jdjb2LmZ3pCZYIPnuMwiEyjcB6TfXO=
9cOyF7Src2bYKtJDvd4OBZLPhp9foiEFETzd8duBDh5u1yPzGIQ3_0J4JYy9MR8Ldln7hPU_7xO=
UXSJd9nUskVngMwRiOMYP_QFcjCkTdCTs0iq_Wly24pP9Znc14D2PuzJ-WqsB9ItJkTfJFm-LSq=
-c5ZZ-XgBLA0TjHLqAwkNcV_vMFNW7Xj0Sxfp7qqz9Wx3TiDLj4fcc7ao%253D/1/0100018a90=
854578-c31b370e-aa76-4ed0-af2d-b8deabc8411c-000000/tX7tJTRa63Q7ru-pH-ngZbLv=
IfMit1bI4VSXaTP1h44=3D318" target=3D"_blank" style=3D"text-decoration:none;=
color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"padding:0;vertical-align=
:top;"> <img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Inte=
grators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e96897=
13/down-arrow.png" style=3D"height:12px;width:12px;margin:2px 0px 0px 0px;v=
ertical-align:top;" height=3D"12" width=3D"12"/> </td> <td style=3D"padding=
:0;vertical-align:top;"> <div style=3D"text-align:left;margin:0px 0px 0px 1=
0px;line-height:1;"> <p style=3D"margin:0;"><strong>XRP</strong></p> <p sty=
le=3D"margin:8px 0px;"> =C2=A30.39 </p> <p style=3D"margin:0;font-size:12px=
;"> -3.21% </p> </div> </td> </tr> </tbody> </table> </a> </td> <td style=
=3D"padding-top:20px;"> <a href=3D"https://comm.coinbase.com/CL0/https:%2F%=
2Flinks.coinbase.com%2Fa%2Fclick%3F_t=3D3aca56371967418192255878e9689713%26=
_m=3De79a85f0054641b0a7b7f1d114e69a7c%26_e=3D6BZ6WomiAPS0xTBU-lF1tAWM83VwQm=
WEkWUUGtCDPbyidJ1Xim904VDYuwfEdxLvRyYfXP2Acp2yWbWuOzN6aPYow85qVX-_oe5bOOoLH=
v1oFx1hWsZ8D3jT5j3VIxarX2bzUO0Upj7Vo5l9tLYlJ39hxdTNuHNO-tOaIVX9sgbMdD4JkdbG=
3myqJH0wG1AH-FK5z_BE4hiy-rPMDiPKqn9egMBgVojbFMPb93P19ZyYs66H43NTThgBjJe1_PA=
vQ42Dx5aGIJzHy4kqyHBu-z0C-JaUN723ctO3fB7rEsimlCNhkOgqjGxLzkfjjBSS8dzH9gO79u=
hTHcx_sISVxuzq0Hvf-EzC9Z4NrYcsmZw%253D/1/0100018a90854578-c31b370e-aa76-4ed=
0-af2d-b8deabc8411c-000000/V3BkqfumsAZrrNp-PfuSSnap80OBD2mG539VQGygRLI=3D31=
8" target=3D"_blank" style=3D"text-decoration:none;color:#0A0B0D;"> <table>=
 <tbody> <tr> <td style=3D"padding:0;vertical-align:top;"> <img src=3D"http=
s://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46=
bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/down-arrow.png" style=
=3D"height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" heig=
ht=3D"12" width=3D"12"/> </td> <td style=3D"padding:0;vertical-align:top;">=
 <div style=3D"text-align:left;margin:0px 0px 0px 10px;line-height:1;"> <p =
style=3D"margin:0;"><strong>Cardano</strong></p> <p style=3D"margin:8px 0px=
;"> =C2=A30.20 </p> <p style=3D"margin:0;font-size:12px;"> -3.11% </p> </di=
v> </td> </tr> </tbody> </table> </a> </td> </tr> <tr> <td style=3D"padding=
-top:20px;"> <a href=3D"https://comm.coinbase.com/CL0/https:%2F%2Flinks.coi=
nbase.com%2Fa%2Fclick%3F_t=3D3aca56371967418192255878e9689713%26_m=3De79a85=
f0054641b0a7b7f1d114e69a7c%26_e=3D6BZ6WomiAPS0xTBU-lF1tAWM83VwQmWEkWUUGtCDP=
bxUUeMKGevSlxoNtO6R-7x6daqKhtZw2qG7nZjyzN-nB6JMZrTcmz8wG4uGLcXOxxmL2d1oewIS=
nlmXHN0Q_3meH8Bau_xe0NHa1RXmeVtSaiLc_7fIZDNAlwlkeoi4WFmxpudGZ4vuRNsoKnqXSS8=
Q6rMzeWfN4xx6uhwgqq1K3TOovXu4lbQi4GvPGyLc4UtHLqlD_RuFP4-qvvTqW5lQD1TRJKp5ht=
-lcX8eXY_H1HaaFVssT5pLMGSZ9USZxYUAZKJ9AvKKHzf3H_DAG0goH7WsiqhJin_ivGbKuB4q8=
Z41WA_7bpfu8xmE8gK12V8%253D/1/0100018a90854578-c31b370e-aa76-4ed0-af2d-b8de=
abc8411c-000000/Q-fbGDDX7CwAh0Nuw7Sg0kK6LlA1Q8QXRag7iFpvLeE=3D318" target=
=3D"_blank" style=3D"text-decoration:none;color:#0A0B0D;"> <table> <tbody> =
<tr> <td style=3D"padding:0;vertical-align:top;"> <img src=3D"https://d15k2=
d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c=
542cff6dd6a/3aca56371967418192255878e9689713/down-arrow.png" style=3D"heigh=
t:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" height=3D"12"=
 width=3D"12"/> </td> <td style=3D"padding:0;vertical-align:top;"> <div sty=
le=3D"text-align:left;margin:0px 0px 0px 10px;line-height:1;"> <p style=3D"=
margin:0;"><strong>Dogecoin</strong></p> <p style=3D"margin:8px 0px;"> =C2=
=A30.05 </p> <p style=3D"margin:0;font-size:12px;"> -3.35% </p> </div> </td=
> </tr> </tbody> </table> </a> </td> <td style=3D"padding-top:20px;"> <a hr=
ef=3D"https://comm.coinbase.com/CL0/https:%2F%2Flinks.coinbase.com%2Fa%2Fcl=
ick%3F_t=3D3aca56371967418192255878e9689713%26_m=3De79a85f0054641b0a7b7f1d1=
14e69a7c%26_e=3D6BZ6WomiAPS0xTBU-lF1tAWM83VwQmWEkWUUGtCDPbxd92xWihxdnHDNJtm=
cVFwa7sbkAVuoBLw7v515bG-peJS6-6UAtU8_kBk6W9g3VvWCYNfMkSAOD2nmEvj9r7aRE7eJDG=
2ZVImqhvEE1lGUBLwEm2Fc9q-tEkU_1Y_qBxq09GniV6Fnc8fDhoOy032FVvoyqRSSGzJ9tZXYa=
mniFpNakU24rGAblV6WBumUbWvsDVXHwE_dzg1fwb-yfBPiIcqCIl5mw1ivhzVVeK3by6-05b-I=
E79G5mU5h3dx7_gdIZ9sRLSAM5X08N1BG-c0UXricPhj2vLvq9vVMnQtygYg41cgBQvX1cmPOuf=
CYzM%253D/1/0100018a90854578-c31b370e-aa76-4ed0-af2d-b8deabc8411c-000000/rg=
JtL9omQ6TSuzQLNyJnMzrdfYi0CoE8ZG3h5rDpL5c=3D318" target=3D"_blank" style=3D=
"text-decoration:none;color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"pa=
dding:0;vertical-align:top;"> <img src=3D"https://d15k2d11r6t6rl.cloudfront=
.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca5637=
1967418192255878e9689713/down-arrow.png" style=3D"height:12px;width:12px;ma=
rgin:2px 0px 0px 0px;vertical-align:top;" height=3D"12" width=3D"12"/> </td=
> <td style=3D"padding:0;vertical-align:top;"> <div style=3D"text-align:lef=
t;margin:0px 0px 0px 10px;line-height:1;"> <p style=3D"margin:0;"><strong>S=
olana</strong></p> <p style=3D"margin:8px 0px;"> =C2=A314.72 </p> <p style=
=3D"margin:0;font-size:12px;"> -5.82% </p> </div> </td> </tr> </tbody> </ta=
ble> </a> </td> </tr> </tbody> </table> </div> <!--<![endif]--> <div class=
=3D"mobile_hide"> <table style=3D"width:100%;table-layout:fixed;margin:0;">=
 <tbody> <tr> <td style=3D"padding-top:40px;"> <a href=3D"https://comm.coin=
base.com/CL0/https:%2F%2Flinks.coinbase.com%2Fa%2Fclick%3F_t=3D3aca56371967=
418192255878e9689713%26_m=3De79a85f0054641b0a7b7f1d114e69a7c%26_e=3D6BZ6Wom=
iAPS0xTBU-lF1tAWM83VwQmWEkWUUGtCDPbzAXJq1YsGkmpw4qJEx2RG7m-2ZvH8XlnU5NhxQ3C=
Y403AoieeiGjqjvOKNVeZXdwdhtG5rlWAkVi0hU-nzLqs-6oPgg7UklKDn2r_d1xdoIPrPlPJ25=
ik3qTSG1r35PD2B4dnMEzcZdxuNZ6vf4pA8spei4HyHoFJ_Ny6BGgn8lW0nwTpOABmQip7xOy6_=
QO1IJ4Q80_f6J4G2GMOTNF4qqHZbjPENxkQIKTIYgCZv2iBO1MKrU0R5tLXUcObeiBMDU3wtW-j=
LzJvRy7PmMxp2yUdwBWX-jwEgYwQpiZiMICoIlEwHMhJj8AauIZf7UkA%253D/1/0100018a908=
54578-c31b370e-aa76-4ed0-af2d-b8deabc8411c-000000/XbmV9vzdmeY1QBu0BKE1EJV2H=
v1y7tYrRwsScNF6IfA=3D318" target=3D"_blank" style=3D"text-decoration:none;c=
olor:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"padding:0;vertical-align:=
top;"> <img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integ=
rators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e968971=
3/up-arrow.png" style=3D"height:12px;width:12px;margin:2px 0px 0px 0px;vert=
ical-align:top;" height=3D"12" width=3D"12"/> </td> <td style=3D"padding:0;=
vertical-align:top;"> <div style=3D"text-align:left;margin:0px 0px 0px 10px=
;line-height:1;"> <p style=3D"margin:0;"><strong>Bitcoin</strong></p> <p st=
yle=3D"margin:8px 0px;"> =C2=A320,982.41 </p> <p style=3D"margin:0;font-siz=
e:12px;"> +2.24% </p> </div> </td> </tr> </tbody> </table> </a> </td> <td s=
tyle=3D"padding-top:40px;"> <a href=3D"https://comm.coinbase.com/CL0/https:=
%2F%2Flinks.coinbase.com%2Fa%2Fclick%3F_t=3D3aca56371967418192255878e968971=
3%26_m=3De79a85f0054641b0a7b7f1d114e69a7c%26_e=3D6BZ6WomiAPS0xTBU-lF1tAWM83=
VwQmWEkWUUGtCDPbych9OoIuPkOw8Jds4ZIGfaDGr2iVSf1g4-ODjf3RfnieBzaiAZgtGpgnutt=
2kx2OSMZVFQwX00OfHSGUFyBLbog3vku7e1AIWgz1zMmEG2hDFvkXYSsp6UMo-9gPsbgaTvCrO8=
S2ZqvTtjcoq2IxEmjTs7SM2YrqcgemoW87ozmXlycC10y17Q1ei0uYQMVsQdrkkyXNanO-fAFq_=
8TlVwRVmGfJrW8L12G5gNMJ_WQ7EAFSF-XtMgWcA-yVTg2B-pW5IQKX2MZrnOku9Q9SjTqD1JAo=
gDhSdze88_4PNuDRUSZS61CwZWMmM7w4hPT4k%253D/1/0100018a90854578-c31b370e-aa76=
-4ed0-af2d-b8deabc8411c-000000/Gr17hSXZ8aXU5auNfDOQU_TOl6ZFDTLoYNdQZrxQDKU=
=3D318" target=3D"_blank" style=3D"text-decoration:none;color:#0A0B0D;"> <t=
able> <tbody> <tr> <td style=3D"padding:0;vertical-align:top;"> <img src=3D=
"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b=
6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/down-arrow.png" =
style=3D"height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;"=
 height=3D"12" width=3D"12"/> </td> <td style=3D"padding:0;vertical-align:t=
op;"> <div style=3D"text-align:left;margin:0px 0px 0px 10px;line-height:1;"=
> <p style=3D"margin:0;"><strong>Ethereum</strong></p> <p style=3D"margin:8=
px 0px;"> =C2=A31,283.67 </p> <p style=3D"margin:0;font-size:12px;"> -1.37%=
 </p> </div> </td> </tr> </tbody> </table> </a> </td> <td style=3D"padding-=
top:40px;"> <a href=3D"https://comm.coinbase.com/CL0/https:%2F%2Flinks.coin=
base.com%2Fa%2Fclick%3F_t=3D3aca56371967418192255878e9689713%26_m=3De79a85f=
0054641b0a7b7f1d114e69a7c%26_e=3D6BZ6WomiAPS0xTBU-lF1tAWM83VwQmWEkWUUGtCDPb=
wTRNlwI_W1yd7TLs1o3pf49TmnscCNwgFP2L9qt4SvipyxW3NxnAU9ijqo0QFBIf6hHR6rOiKvt=
qPJZ29dY7jdjb2LmZ3pCZYIPnuMwiEyjcB6TfXO9cOyF7Src2bYKtLwoA_uwpxEmqNSw6J0ca76=
q-c96kZGBdyZ3PciE79TZy-9sw5DgR6Hy9QJ2B-itxcHOGntI0NKy0hod8E9WLjtBX2ePiAHXBE=
4qKOzkXWPXfH3DdFZ8zfgJAHwiX4JNqb5ni87e5eH85U2A8BHUbHyiu-mM7F6hAQ-ncPSVC9ZZk=
el6acIHacL7c6eokXX7cA%253D/1/0100018a90854578-c31b370e-aa76-4ed0-af2d-b8dea=
bc8411c-000000/AVxKMprfMi7HaUcBnS6Fek-11MYbQZ1lERni1DAMRSM=3D318" target=3D=
"_blank" style=3D"text-decoration:none;color:#0A0B0D;"> <table> <tbody> <tr=
> <td style=3D"padding:0;vertical-align:top;"> <img src=3D"https://d15k2d11=
r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542=
cff6dd6a/3aca56371967418192255878e9689713/down-arrow.png" style=3D"height:1=
2px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" height=3D"12" wi=
dth=3D"12"/> </td> <td style=3D"padding:0;vertical-align:top;"> <div style=
=3D"text-align:left;margin:0px 0px 0px 10px;line-height:1;"> <p style=3D"ma=
rgin:0;"><strong>XRP</strong></p> <p style=3D"margin:8px 0px;"> =C2=A30.39 =
</p> <p style=3D"margin:0;font-size:12px;"> -3.21% </p> </div> </td> </tr> =
</tbody> </table> </a> </td> </tr> <tr> <td style=3D"padding-top:20px;"> <a=
 href=3D"https://comm.coinbase.com/CL0/https:%2F%2Flinks.coinbase.com%2Fa%2=
Fclick%3F_t=3D3aca56371967418192255878e9689713%26_m=3De79a85f0054641b0a7b7f=
1d114e69a7c%26_e=3D6BZ6WomiAPS0xTBU-lF1tAWM83VwQmWEkWUUGtCDPbyidJ1Xim904VDY=
uwfEdxLvRyYfXP2Acp2yWbWuOzN6aPYow85qVX-_oe5bOOoLHv1oFx1hWsZ8D3jT5j3VIxarX2b=
zUO0Upj7Vo5l9tLYlJ39hxdTNuHNO-tOaIVX9sgbuH9RaAbjoYVbvGkouuwQfZ6g9CGZbGfKmea=
-PT3j0sMEKB5Ct0GU2SqrrsM1f93aP63cTeO4g_LJfpPqLiao3VLZMIrIC2W5jR3m0svV5GAnGl=
OufJgR_ZUoRrsQo54CE5gvwWiwK0I5Ao0U12NFNeXTtsjbUjYPKtpGvuUCiP7oG5XDqw-oRzYL0=
c9nUKMQ%253D/1/0100018a90854578-c31b370e-aa76-4ed0-af2d-b8deabc8411c-000000=
/wBrh1E4Os3GIOAn_rPgmw674W4vaGkUT601tzYbtotQ=3D318" target=3D"_blank" style=
=3D"text-decoration:none;color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D=
"padding:0;vertical-align:top;"> <img src=3D"https://d15k2d11r6t6rl.cloudfr=
ont.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca5=
6371967418192255878e9689713/down-arrow.png" style=3D"height:12px;width:12px=
;margin:2px 0px 0px 0px;vertical-align:top;" height=3D"12" width=3D"12"/> <=
/td> <td style=3D"padding:0;vertical-align:top;"> <div style=3D"text-align:=
left;margin:0px 0px 0px 10px;line-height:1;"> <p style=3D"margin:0;"><stron=
g>Cardano</strong></p> <p style=3D"margin:8px 0px;"> =C2=A30.20 </p> <p sty=
le=3D"margin:0;font-size:12px;"> -3.11% </p> </div> </td> </tr> </tbody> </=
table> </a> </td> <td style=3D"padding-top:20px;"> <a href=3D"https://comm.=
coinbase.com/CL0/https:%2F%2Flinks.coinbase.com%2Fa%2Fclick%3F_t=3D3aca5637=
1967418192255878e9689713%26_m=3De79a85f0054641b0a7b7f1d114e69a7c%26_e=3D6BZ=
6WomiAPS0xTBU-lF1tAWM83VwQmWEkWUUGtCDPbxUUeMKGevSlxoNtO6R-7x6daqKhtZw2qG7nZ=
jyzN-nB6JMZrTcmz8wG4uGLcXOxxmL2d1oewISnlmXHN0Q_3meH8Bau_xe0NHa1RXmeVtSaiLc_=
7fIZDNAlwlkeoi4WFmxpudGZ4vuRNsoKnqXSS8Q-HlgmK3lm4ozW7O96m7vGp5qPIDH7xiOl3m_=
tNgJKFhHhM3jV6WSVJryKOd4aj45h-o7P7WyyxjQRT5xzVHTf3090X8Qeab5sO49VbC3uODHh86=
_yIGNNfVqQzAZQwjeU9c3VpyEbgMr8oRBqAAZjEYW0SDyfD23-meCTxxihCk%253D/1/0100018=
a90854578-c31b370e-aa76-4ed0-af2d-b8deabc8411c-000000/uUVTR2CIIKRkeqzd5daxl=
8VGZuSr5rsXQ5JDsUMxIk0=3D318" target=3D"_blank" style=3D"text-decoration:no=
ne;color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"padding:0;vertical-al=
ign:top;"> <img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/I=
ntegrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e96=
89713/down-arrow.png" style=3D"height:12px;width:12px;margin:2px 0px 0px 0p=
x;vertical-align:top;" height=3D"12" width=3D"12"/> </td> <td style=3D"padd=
ing:0;vertical-align:top;"> <div style=3D"text-align:left;margin:0px 0px 0p=
x 10px;line-height:1;"> <p style=3D"margin:0;"><strong>Dogecoin</strong></p=
> <p style=3D"margin:8px 0px;"> =C2=A30.05 </p> <p style=3D"margin:0;font-s=
ize:12px;"> -3.35% </p> </div> </td> </tr> </tbody> </table> </a> </td> <td=
 style=3D"padding-top:20px;"> <a href=3D"https://comm.coinbase.com/CL0/http=
s:%2F%2Flinks.coinbase.com%2Fa%2Fclick%3F_t=3D3aca56371967418192255878e9689=
713%26_m=3De79a85f0054641b0a7b7f1d114e69a7c%26_e=3D6BZ6WomiAPS0xTBU-lF1tAWM=
83VwQmWEkWUUGtCDPbxd92xWihxdnHDNJtmcVFwa7sbkAVuoBLw7v515bG-peJS6-6UAtU8_kBk=
6W9g3VvWCYNfMkSAOD2nmEvj9r7aRE7eJDG2ZVImqhvEE1lGUBLwEm2Fc9q-tEkU_1Y_qBxqa9g=
LUbAB_IzRX9E-snoWEY20AwQnTzorKDbW09tRfHTQRvlTYE6dP_1Uh1n5SyIeZxm98Ix_ADxi9l=
_Jvg-tJ2PCIMrDiHmRjDk9DwqRBzDBTagHkJqTZ15YqauhpYim6aEwN49Yt1rGwjpj8RtKhAvqH=
qT0ihbnzVNkThTcf7RrdRXvws0VYQwP0y1YJggQ%253D/1/0100018a90854578-c31b370e-aa=
76-4ed0-af2d-b8deabc8411c-000000/7yqvoZuEPTiUZz2rnF57aDYEsTN4YDtpE_wagHfbUv=
M=3D318" target=3D"_blank" style=3D"text-decoration:none;color:#0A0B0D;"> <=
table> <tbody> <tr> <td style=3D"padding:0;vertical-align:top;"> <img src=
=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713=
-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/down-arrow.pn=
g" style=3D"height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:to=
p;" height=3D"12" width=3D"12"/> </td> <td style=3D"padding:0;vertical-alig=
n:top;"> <div style=3D"text-align:left;margin:0px 0px 0px 10px;line-height:=
1;"> <p style=3D"margin:0;"><strong>Solana</strong></p> <p style=3D"margin:=
8px 0px;"> =C2=A314.72 </p> <p style=3D"margin:0;font-size:12px;"> -5.82% <=
/p> </div> </td> </tr> </tbody> </table> </a> </td> </tr> </tbody> </table>=
 </div><p style=3D"margin: 20px 0px 0px; line-height: 1.5; word-break: brea=
k-word; color: rgb(91, 97, 110); font-size: 12px;">Price changes are for th=
e past week, ending on Sep 13, 2023 at 08:44 PM UTC</p><div class=3D"cta_bu=
tton" style=3D"margin: 24px 0px 0px; padding: 0px; width: 50%;"><!--[if mso=
]><table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" st=
yle=3D"border-spacing:0;border-collapse:collapse;mso-table-lspace:0pt;mso-t=
able-rspace:0pt;"><tr><td style=3D"padding:0;" align=3D"left"> <v:roundrect=
 xmlns:v=3D"urn:schemas-microsoft-com:vml" xmlns:w=3D"urn:schemas-microsoft=
-com:office:word" ses:no-track href=3D"https://links.coinbase.com/a/click?_=
t=3D3aca56371967418192255878e9689713&_m=3De79a85f0054641b0a7b7f1d114e69a7c&=
_e=3D6BZ6WomiAPS0xTBU-lF1tGMzjQTnR4qSoz0mnVLacPAVguenvAE3VYIuo1ACiMJddrSp18=
QgwwXV6svK6V7pIkta9Hcsx2drG8SUGKP159D_Vg0IRsaI9pjpjDI-vJQE9bg1A95p27UBJgT8P=
V6U-k7-i98B2rmIEigja-sWrViD6kcw_QJBP4OT-pITtzepVZr6zj5WgxgmE2iXl6RQriO2xsH2=
khYt-PFkz1O-_sCF0z9y72TnbWcj4o_35FgPS4PaelhoT9Fr4GJ660hQxlIsvwO2hc2BtPJpdJ5=
sD2ywoj5BwuITIa971cmD88tk" style=3D"width:350pt;v-text-anchor:middle;" arcs=
ize=3D"17%" stroke=3D"false" fillcolor=3D"#0052ff"> <w:anchorlock/><v:textb=
ox inset=3D"0,0,0,0"><center style=3D"font-family: Helvetica Neue, Helvetic=
a, Arial, sans-serif;"><![endif]--><a href=3D"https://links.coinbase.com/a/=
click?_t=3D3aca56371967418192255878e9689713&_m=3De79a85f0054641b0a7b7f1d114=
e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tGMzjQTnR4qSoz0mnVLacPAVguenvAE3VYIuo1ACiMJ=
ddrSp18QgwwXV6svK6V7pIkta9Hcsx2drG8SUGKP159D_Vg0IRsaI9pjpjDI-vJQE9bg1A95p27=
UBJgT8PV6U-pJOoXysFKNqKsft8Ps50XjPHt9sNW4saCTKNmXAEfZjsTpP9NHtZi6aZZ4LE_RpX=
VMhIzsZmS_aTGv2tPqiS242PhL5KFM8CiAOepUJfnOUd5VFC8eBVRWm6zC6ZzsLow4v0CIJTGjj=
j3VjOfumS7SBH_7GPvSeh_VWjR7wa0Rg" target=3D"_blank" rel=3D"noopener norefer=
rer" style=3D"display: block; margin: 0px; line-height: 1.2; font-size: 16p=
x; text-decoration: none; color: rgb(255, 255, 255); background-color: rgb(=
0, 82, 255); border-radius: 30px; text-align: center; padding: 18px 0px;"><=
strong>See the latest prices</strong></a><!--[if mso]></center></v:textbox>=
</v:roundrect></td></tr></table><![endif]--></div><table width=3D"100%" rol=
e=3D"presentation" style=3D"table-layout: fixed; vertical-align: top; borde=
r-spacing: 0px; border-collapse: collapse; min-width: 100%; text-size-adjus=
t: 100%;"><tbody><tr style=3D"vertical-align: top;"><td valign=3D"top" styl=
e=3D"word-break: break-word; vertical-align: top; min-width: 100%; text-siz=
e-adjust: 100%; padding: 48px 0px;"><table border=3D"0" cellpadding=3D"0" c=
ellspacing=3D"0" width=3D"100%" align=3D"center" role=3D"presentation" styl=
e=3D"table-layout: fixed; vertical-align: top; border-spacing: 0px; border-=
collapse: collapse; border-top: 2px solid rgb(222, 224, 226); width: 100%;"=
><tbody><tr style=3D"vertical-align: top;"><td valign=3D"top" style=3D"word=
-break: break-word; vertical-align: top; text-size-adjust: 100%;"><span></s=
pan></td></tr></tbody></table></td></tr></tbody></table><div><table style=
=3D"margin: 0px; padding: 0px;"><tbody><tr><td style=3D"margin: 0px; paddin=
g-right: 11px; vertical-align: middle;"><img src=3D"https://d15k2d11r6t6rl.=
cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6=
a/3aca56371967418192255878e9689713/dot-1.5x.png" width=3D"12" height=3D"12"=
 style=3D"display: block; width: 12px; height: 12px;"></td><td style=3D"mar=
gin: 0px; padding: 0px; vertical-align: middle;"><p style=3D"margin: 0px; f=
ont-size: 16px; letter-spacing: 0.075em;"><strong> MARKET UPDATE </strong><=
/p></td></tr></tbody></table><p style=3D"margin: 5px 0px 0px; font-size: 32=
px; line-height: 1.26; word-break: break-word;"><strong>Crypto prices dip a=
gain as traders wait for inflation numbers</strong></p></div><p style=3D"ma=
rgin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">All ten of t=
he biggest non-stablecoin cryptocurrencies <a href=3D"https://links.coinbas=
e.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3De79a85f0054641b0a7=
b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tB-3hkNc7E2a3h1s9dzLhy-YcfK3wL1Fw7z=
yyStNlfRI8WR65dRt8YxYkkqVU5CzZN6oCKnf-jRZN3kiMHnfTGjCMlYq6E5tQ_kLrkeKMtqxRI=
QeMT5VSHQqMWgJeRdXJmx5lxbhoKhH6ykUdyc0eo7CwHdJ-jlShjrmEPccHFneJQ9qrPJAuT46H=
_6bQs6nGEPifDzlGjityDS9QD7Q_0KqMuyjQ2POswjE7Ys7mxq_IKSynzoKPjMwr6o4KO5USQtc=
3aZlFlGiTkAiyAwbutS5SOU7Xcn7-IRxAuyoNqvx47ARcFpob0Dxj2w7RZNFpBeLQZedfOUz1uc=
7cEz_viHjjoH_5Z17caSC2YYChw83vbb4io82qsdxBQfeFiUYkg%3D%3D" target=3D"_blank=
" rel=3D"noopener noreferrer">were down again earlier this week</a>, with B=
TC briefly hitting a three-month low below $25,000 on Monday before climbin=
g back above $26,500 on Tuesday. Market watchers are paying attention to se=
veral key events that could have further impact on prices.</p><p style=3D"m=
argin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">Here=E2=80=
=99s what you need to know.&nbsp;</p><!--[if mso]><ul style=3D"line-height:=
1.6;mso-line-height-alt:26px;"><![endif]--><!--[if !mso]><!-- --><ul style=
=3D"margin: 10px 0px 0px; padding-left: 24px; line-height: 1.6;"><!--<![end=
if]--><li style=3D"margin: 0px; padding: 6px 0px;"><strong>Two key economic=
 indicators will be announced on Wednesday and Thursday of this week</stron=
g>: the Consumer Price Index (CPI), which measures the prices Americans pay=
 for a wide range of goods and services, and the Producer Price Index (PPI)=
, which measures the change in the prices paid to producers of goods and se=
rvices.&nbsp;</li><li style=3D"margin: 0px; padding: 6px 0px;"><strong>The =
CPI and PPI are considered good proxies for inflation</strong>, which the F=
ederal Reserve has been fighting by raising interest rates to their highest=
 level in decades. According to <a href=3D"https://links.coinbase.com/u/cli=
ck?_t=3D3aca56371967418192255878e9689713&_m=3De79a85f0054641b0a7b7f1d114e69=
a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tILFXhBipgDW5j6dzOL-e1rLYmnAazBnw-M44zVMZYu8p6=
_FniZ5Wi9bgZwgyEq4ViH5vPVkndX2EPTJBbg-uRjzUsYBB22G_tsSz68niBuCrsr1xPMSHqpB2=
s9lrYayaYY_OwJQwH5VqSZT4MeKUvtg0MtpC8WR6T1z1WdJMPJ1895-mWBveLTkvuRJPQZZs0W7=
syLdOCfPqkZQicjQEn8QH9-B35c52s7PyXKr_EjqGJXfJIEab226tgKPLydvFrSWDvtp_eOkSUN=
2zw0eVGYKYGHlaVQ1EhCMHOuIHOJyoJ13-5N4R7IrXyZ-xGgmSKkeiVqC__Tl4aFje3dkA0upmC=
ABmErv89utEbRnLGOvLuRuMn2eOU2l7KTmGX5CAMh6W4hAZR7fiStq9GOSEITrzkUv9DYyY-LLo=
d28Z-9G" target=3D"_blank" rel=3D"noopener noreferrer">a new Morningstar re=
port</a>, the data will likely show that inflation is slowing fast enough f=
or the Fed to leave rates where they are. But if the data shows inflation r=
ising or falling more slowly than anticipated, rates could continue to tick=
 up, which could pressure crypto markets.&nbsp;</li><li style=3D"margin: 0p=
x; padding: 6px 0px;"><strong>A wide range of altcoins, including Arbitrum,=
 Polygon, and Aptos have seen steep drops this week. </strong>XRP =E2=80=94=
 which spiked earlier this summer after issuer Ripple=E2=80=99s <a href=3D"=
https://links.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=
=3De79a85f0054641b0a7b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tGMzjQTnR4qSoz=
0mnVLacPBZv1wtiu5cmw4bjgeCxQDO93KNGZqMZqNhG1OrIM8X55mhptsy_s2OcdykK8dcj5QtQ=
iOe6dxHfhtJQgtjlCYmc5RMFr1jve2J9945CrQK1yZ_p_DT17rc3fTeOvNCxsntYGH2ZSwOjmTM=
Z_xhd29UE3cc9DDOE0Gf0fJYiLJwoAo1LHRaSSA1uNH-umLda1NKkEH_S0okLSSD6ZjGmL1XZqD=
-kqlQ9OUAGtB-UzC3evkaF7-VuczNFDW-icoImsToUznMhkh_eYe4UiE0xUR2-maMninHfx_wpv=
eFwihuGshoov3CuewrcU9-sj9MEh7yEiKGjRdDEVEARvVBuwMC" target=3D"_blank" rel=
=3D"noopener noreferrer">legal victory</a> over the Securities and Exchange=
 Commission =E2=80=94&nbsp;fell nearly 5% overnight on Sunday as the SEC <a=
 href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9=
689713&_m=3De79a85f0054641b0a7b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tCILd=
ZKnfe-nefE8bj6MNVgxm91E7FakktvYgn_wYeqS3EN8vPc5l5mgPAcqp-hUFGi6sVa2qd6gtJ0b=
u1WIi8j8uQGPFFtoNXlZgIUE2H_tF1Xnt-bDPH3YGRWEqssMOuQsfjHe1xLf_O31YLkCR8IlYWM=
RGt1Xb5qGXcv5WhL-peWT0EjwYlyfgvVGGBQhjXe8-EgU7JH2_9VOAPxiVJK5p-apViDwnL3gqs=
IBFJVd-PIxlXdrR-d5uNNyyeTkF_e1CEXFDlo8wqmGVhrTLbZ4P9QC32tIeL9sO245IiAQG522o=
yA11q2WNtvR1-t6-fkAL9pya4d8aTvOjnIX-2pb9r7qrcs98kePbm26cfi_TTqcyZf_Z1qvDBaY=
5LqIt2ocyYFHtb1Rid2dmxGoYr_Hsz30SJP_pBRdnCcFDiK8" target=3D"_blank" rel=3D"=
noopener noreferrer">prepares to appeal the decision</a>.&nbsp;</li><li sty=
le=3D"margin: 0px; padding: 6px 0px;"><strong>At least some of the </strong=
><a href=3D"https://links.coinbase.com/a/click?_t=3D3aca5637196741819225587=
8e9689713&_m=3De79a85f0054641b0a7b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tG=
MzjQTnR4qSoz0mnVLacPDIxOGqz31VutO8wa0ZNdCWqot3tYczFr2zzmYqGAmdEorbwpl3W9Lht=
jdJuv1en5QGc9eLgGuYGD1tkNhSJfiJktAP55pwlc9lBncErJbWc4UQredXHLQGbhCjqqhDq0c6=
1W5qU2rDsguTzrhujPwj7YJ6SoXyCy2YojTpM03pI7xhShunJCZug80ywOrFLJnz21x7gRVzFG-=
OpzD48Qkfjdn7K8DwQckYHQgZhYqjxvEgpwYYO2zJ-ZrE9jVWe8nxNr-0iLs07crVOznprjsE1V=
UEKqOMULBwvdKyWjlf9ZMg2p05QY7ATdrecl07HIH1VZ30vO_GjS4Io914MmdI" target=3D"_=
blank" rel=3D"noopener noreferrer"><strong>bearish</strong></a><strong> alt=
coin sentiment came in response to FTX=E2=80=99s </strong><a href=3D"https:=
//links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3De79=
a85f0054641b0a7b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tPJjqLWsUQMWcWLEzzks=
hsR90yW83nFQLbd4UP8iER0W3pvcFBNdnxKrgiRRytYFlhVLdhIKMOwWBUrRJYICI5QujOJ968d=
tI8Xmg0BkUPNxKO8in2_NhxY8-k6lZlOHcYE9Xv6g9smmQYueR7bfAagetauk49NWWIJaik6YOU=
6we_XlK5oSwO4Y1Z6UT01WkUUbPDbDon7oibrlBO1asu7PBMVkeWn2SgJ5K1nCkwu-fvanykZIZ=
tr2374O0w0pJVvmmYcrpzrwn6yVUFjiVDf9uhVU-q6VluC72Ge6INXRy0FUlZoOn1dNItdPOwKt=
SfmmgJWesDJRkgZpJIHyh-z2MiBkF9P-5EJp5Kge-JTPTmJp43R-rpDdGsUlpzmhb16Vq20bMlN=
uPKz7o4teWp7RpSua4kmaggY10tplK2EHWHvQTPEJjoiIR6Lm2nQizA%3D%3D" target=3D"_b=
lank" rel=3D"noopener noreferrer"><strong>plans to liquidate</strong></a><s=
trong> around $3.3 billion in crypto assets.</strong> According to a court =
filing, the firm holds nearly $1.2 billion in Solana (SOL). Many analysts p=
ointed out that FTX=E2=80=99s bankruptcy process <a href=3D"https://links.c=
oinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3De79a85f00546=
41b0a7b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tHmnzzBLW8G3GTZXs14N4R0sSDRMN=
n82ARL5dce5KGMH7RlMEvfDVWW_lPe3LZykldJbQzpbpgzzkq1wvZDh8gncZRWTnrJVerN7g06A=
naJO8mNoB2xCz8Ojm_13T_QfDboZthP1RxzoNgZ8PtCEY8SH8yNJtrkJ2QsqJcJFZ6AWtdUAdyj=
SAVHJ_lrxq9QbbY5HGLZZoQmQI0HvaatVzUKxWwE5-sULYUQIEr7N4bPYIIR34wjU-OhZDu_dyw=
ph0tj81o1AmN89LNX_UWmmATOoZeLcieucEffyT_Ab3tU1HlBZZr-40LntYTa-uFEF0d2YuH7Ev=
fjD1LqIvN0oekfPCFhoGnp4SI7Xq_x80gh2QYY1yhZp9wI8lKWez4ayaQ%3D%3D" target=3D"=
_blank" rel=3D"noopener noreferrer">isn=E2=80=99t likely to cause market sh=
ocks</a>. As <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca5637196=
7418192255878e9689713&_m=3De79a85f0054641b0a7b7f1d114e69a7c&_e=3D6BZ6WomiAP=
S0xTBU-lF1tGWEgip47ZisOnzPWYm_6-U2JEJC-tmYLZddkCS2q9DSypsRyrjcOkXoYJ_4y399i=
AgXFhrZul9cILqn_1Rf_Na4BjwwXVn-1HMDs3vzy93kAiei7wcIgOOxN8LiJV0VIrKXdTuAv6Uq=
Uw-7TEbeNpR_jKcIurt6fRI1rSqCh7CoHsfxfvTzX-r_frgXmti02LXvBLXjP_DoF3KT7fkuvPw=
u8-5rkeWouDMOuNlqcZXHQZ_iSBvP2noEbmF54UCiZN22vKnndIbJdfOVVAta61Xo-h8REMCk6L=
HtWkOiRUPhQyPmSHd-LUI1DeShs6FnReAMcj6vJaZXCj1nnuvN-I0S14NdRO373Iuzu4_kYp5F"=
 target=3D"_blank" rel=3D"noopener noreferrer">Messari noted</a>, the firm=
=E2=80=99s SOL holdings are =E2=80=9Clargely comprised of vesting tokens th=
at are not immediately liquid in open markets.=E2=80=9D</li><li style=3D"ma=
rgin: 0px; padding: 6px 0px;"><strong>BTC=E2=80=99s Tuesday rebound may hav=
e been the result of a =E2=80=9Cshort squeeze=E2=80=9D</strong> <a href=3D"=
https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=
=3De79a85f0054641b0a7b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tCILdZKnfe-nef=
E8bj6MNVjeHgdMDD9TG9pAQ4Hx2B9xzkYs3LEZo1jOkHCu48NzEoC0jcGoP7wKyWEnqfzsV6X79=
EwapOfXCZUbaCdusPTOcKjVEtGXFiq-ZSOCdc7F-OoZF2aUZ7J95_K5aXkhEchjA3_j7SrbDaM9=
XfdMDOwDVlFmw2evaUXghWjWQsYu0R2dicD3lDvRqx3e46hZrCPvjnbZRRblvM6sGTz4WVv28AD=
yHibHjbbiA3cy8sWgJTjctt-furXQDaZdGInImjoVhCrI8WXqRSdvekA7yXpb6f8TXLhC6j1kpz=
HmMcmoDNl5XY7awxSmWRDUs4YCmCgl5J44Fk-1HXFTX-bpq8aXOny-oJklqcUpq_n28iqvP8pRi=
PIsgxbjs1fc3wa7g_Q%3D" target=3D"_blank" rel=3D"noopener noreferrer">accord=
ing to CoinDesk</a>: =E2=80=9Ca rally powered by an unwinding of bearish de=
rivative bets.=E2=80=9D&nbsp;</li></ul><p style=3D"margin: 0px; padding: 0p=
x;"></p><p style=3D"margin: 16px 0px 0px; line-height: 1.6; word-break: bre=
ak-word;"><strong>The bottom line=E2=80=A6</strong> Despite the flurry of n=
ews this week, there might not be that much to see here. Market sentiment s=
eems to reflect that dynamic: After crypto=E2=80=99s broader market cap sli=
d about 3% on Monday, <a href=3D"https://links.coinbase.com/u/click?_t=3D3a=
ca56371967418192255878e9689713&_m=3De79a85f0054641b0a7b7f1d114e69a7c&_e=3D6=
BZ6WomiAPS0xTBU-lF1tPJjqLWsUQMWcWLEzzkshsR90yW83nFQLbd4UP8iER0WpE7jS_jDkYnn=
fy-tcL3uwKBW-x4Kl9HNVgv8f4GenPZn2cmVt2xk2EdLkmhZvOUoTZnp9kUaeV1lelHSyvMuS2p=
iPqOwmC-u7f0YNmOtiRDJkskNjsU7DKJ3LGPGXOFwiBvi1MWpz8VvkhDMtuBkQKmNVA5IkQ3Ns-=
RSaxSiLrprEEHtPMyM6tYKyJZ6XQUvAsoPEJDnWMktxCq6_D4F7ToMSSRNWnuP1h4Glyeh7oQlk=
Vl3FtzAfM13lXm4mPx2EOs-aAyB_-30cyX36e87vFSeEHmWN3psd0ZvD_8nkY4Yjl48E9wfYkdF=
QgaI77WNJ9-9H_ZfK4N4S-Qw8G7I-xwtPL4_df9UBccx5i3us3zFKODb29W8vDy3IiBdG06ToZf=
HK88-B2cRYkrHlUFSuw%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">it=
 rebounded by almost the same amount</a> on Tuesday.&nbsp;</p><div class=3D=
"cta_button" style=3D"margin: 24px 0px 0px; padding: 0px; width: 50%;"><!--=
[if mso]><table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=
=3D"0" style=3D"border-spacing:0;border-collapse:collapse;mso-table-lspace:=
0pt;mso-table-rspace:0pt;"><tr><td style=3D"padding:0;" align=3D"left"> <v:=
roundrect xmlns:v=3D"urn:schemas-microsoft-com:vml" xmlns:w=3D"urn:schemas-=
microsoft-com:office:word" ses:no-track href=3D"https://links.coinbase.com/=
a/click?_t=3D3aca56371967418192255878e9689713&_m=3De79a85f0054641b0a7b7f1d1=
14e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tGMzjQTnR4qSoz0mnVLacPCvvnS8YC6j28uVKHxmo=
V2Cl1ioqDjsmwGTZnLq9bRhM7LdMuKzyfR_wS16h8VLzQ3oM49K-XxzntjYBmUhjvsUsErk048n=
kasa7LqXJ4tfxNP0ZyqOOpzsjTwqgHvOPlIWAJ81uTpQ7Ik7m0IZAixB2KBarkiaDqY2zOC4mEC=
pihQB7U-1_PzIPkfnBbc3L03pwOWmhV96GZRUVwnpEBj5aO9GfqpHz90WD9B2VM8MsLnWIOsMoU=
qu1QYDpXOQI2Zh9d0LTH1P0O3VI7Lcs7HXoLNiXy9sfBOdDltSKdINbFDNd5KqMKa4hsmPvG4BT=
nk%3D" style=3D"width:350pt;v-text-anchor:middle;" arcsize=3D"17%" stroke=
=3D"false" fillcolor=3D"#0052ff"> <w:anchorlock/><v:textbox inset=3D"0,0,0,=
0"><center style=3D"font-family: Helvetica Neue, Helvetica, Arial, sans-ser=
if;"><![endif]--><a href=3D"https://links.coinbase.com/a/click?_t=3D3aca563=
71967418192255878e9689713&_m=3De79a85f0054641b0a7b7f1d114e69a7c&_e=3D6BZ6Wo=
miAPS0xTBU-lF1tGMzjQTnR4qSoz0mnVLacPCvvnS8YC6j28uVKHxmoV2Cl1ioqDjsmwGTZnLq9=
bRhM7LdMuKzyfR_wS16h8VLzQ3oM49K-XxzntjYBmUhjvsUsErk048nkasa7LqXJ4tfxNP0ZyqO=
OpzsjTwqgHvOPlIWAJ81uTpQ7Ik7m0IZAixBinIsYUR4hgT1MU9Yod-4N-X6H2yd3eLHFpKIfYL=
IaDtjZORFciudlVl67mb9toXe1frrejwpxkSFDxda7ZY9eurIaRrLw3IxAeVYQrF61UHwyy9PgK=
MfahtOgznhNh9l6qtRxHpFBd_tzFV2sD6CJQWRc3zEBmMioBTcHfhPrlY%3D" target=3D"_bl=
ank" rel=3D"noopener noreferrer" style=3D"display: block; margin: 0px; line=
-height: 1.2; font-size: 16px; text-decoration: none; color: rgb(255, 255, =
255); background-color: rgb(0, 82, 255); border-radius: 30px; text-align: c=
enter; padding: 18px 0px;"><strong>Get more market insights</strong></a><!-=
-[if mso]></center></v:textbox></v:roundrect></td></tr></table><![endif]-->=
</div><a href=3D"https://links.coinbase.com/a/click?_t=3D3aca56371967418192=
255878e9689713&_m=3De79a85f0054641b0a7b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-=
lF1tGMzjQTnR4qSoz0mnVLacPCLLBfl5QxcvGlJ-796T6cAHurIi7ReGW3VHl65NyPULkrbKFAI=
p-i1nw4aE1SS5AVDFp5Z6EchCPBkw3z3eClwwBLM6xfGUpDzA8T03Q6IQ_bs4j-iizPSo7chubZ=
B75LNEZAzPvQtcLunyeti5goERMYvS7vi2mCUecaBNFN4XNxLNMZkS8Lf33KBZWxveWOuduhEkz=
Uq7bjwldHfF--u6HJiCWENmmfdFnPj_xX2JyXfnmqY7hN0mkrVBdf5wK3mSxhgBTRLx203k1xc8=
sPLS5PuobIT6ttsG6ERmCqULw%3D%3D" target=3D"_blank" rel=3D"noopener noreferr=
er"><!--[if !mso]><!-- --><div class=3D"desktop_hide" style=3D"display: non=
e; max-height: 0px; overflow: hidden;"><img src=3D"https://images.ctfassets=
.net/q5ulk4bp65r7/4SMgNFv6uD1SBBmXQ4ubhW/9a5651782a0eb04408f478a8a5645089/c=
oinbase_getpaidtolearn_bytes_650x488px.jpg" width=3D"100%" style=3D"display=
: block; width: 100%; margin: 64px 0px;"></div><!--<![endif]--><div class=
=3D"mobile_hide"><img src=3D"https://images.ctfassets.net/q5ulk4bp65r7/4TOH=
Ht4CjhC3DiUK3UdmYs/e216c453cd8f2522b5e633c3d2f4722d/coinbase_getpaidtolearn=
_bytes_1060x408px.jpg" width=3D"100%" style=3D"display: block; width: 100%;=
 margin: 64px 0px;"></div></a><div><table style=3D"margin: 0px; padding: 0p=
x;"><tbody><tr><td style=3D"margin: 0px; padding-right: 11px; vertical-alig=
n: middle;"><img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/=
Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9=
689713/dot-1.5x.png" width=3D"12" height=3D"12" style=3D"display: block; wi=
dth: 12px; height: 12px;"></td><td style=3D"margin: 0px; padding: 0px; vert=
ical-align: middle;"><p style=3D"margin: 0px; font-size: 16px; letter-spaci=
ng: 0.075em;"><strong> DIGITAL DIPLOMACY </strong></p></td></tr></tbody></t=
able><p style=3D"margin: 5px 0px 0px; font-size: 32px; line-height: 1.26; w=
ord-break: break-word;"><strong>Global leaders talk crypto policy at the G2=
0 summit</strong></p></div><p style=3D"margin: 16px 0px 0px; line-height: 1=
.6; word-break: break-word;">Crypto was a major topic at the G20 summit, wh=
ich gathered the leaders of many of the world=E2=80=99s biggest economies i=
n New Delhi, India last weekend. The summit, which was hosted by Indian Pri=
me Minister Narendra Modi (and attended by leaders including President Bide=
n), issued a joint declaration</a> that included a section on crypto policy=
 =E2=80=94&nbsp;an indicator that governments around the world see the grow=
ing need for clarity in crypto regulation. Here=E2=80=99s what you need to =
know.</p><p style=3D"margin: 16px 0px 0px; line-height: 1.6; word-break: br=
eak-word;"><strong>What is the G20?</strong></p><p style=3D"margin: 16px 0p=
x 0px; line-height: 1.6; word-break: break-word;">The Group of 20 is a <a h=
ref=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e968=
9713&_m=3De79a85f0054641b0a7b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tAVPWVV=
vQNb072yUFsGqKmORw1T7FQT9Wlfyk4DGBHvxxlFezoyMxUNnf7vkomb-1LL6YcXt-UwMLaaTS-=
vo361F98eZ3TG9BO80DpL2p9sTAlPKKOMELfpddt4F8oosDNHSKaEdSRpib-HoRf5iJd92Zutjp=
p7kXrxCFd94o0llWXy3eA9c8E7JmEPkwJViN8naypkov3aq9RHNO7xNf4tiRQqH4p_LEIHJzxd_=
gGGZ5_Pb2nNJ6Qhi67efM4bZi0fZ6BRYdBjy0fF6dX_3wdShFug-Vl0hCsWat1Ggyikq2OvMo_m=
wbGtGtH5myX8fStgJZkOWjkmb_cJGQD-g_YVrl_21UX4-OfdDJse56KqY" target=3D"_blank=
" rel=3D"noopener noreferrer">consortium of many of the world=E2=80=99s lar=
gest economies</a>, consisting of 19 countries and the European Union. Memb=
ers&nbsp; =E2=80=94 including the U.S., China, Russia, India, and South Afr=
ica =E2=80=94 meet annually in an attempt to coordinate policy around issue=
s that impact the global economy. Key issues up for discussion this year in=
cluded the war in Ukraine, global climate policy, and crypto regulation.&nb=
sp;</p><p style=3D"margin: 16px 0px 0px; line-height: 1.6; word-break: brea=
k-word;"><strong>Why was crypto on this year=E2=80=99s agenda?</strong></p>=
<p style=3D"margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;=
">There=E2=80=99s growing international consensus on the need for regulator=
y clarity in crypto. According to a <a href=3D"https://links.coinbase.com/a=
/click?_t=3D3aca56371967418192255878e9689713&_m=3De79a85f0054641b0a7b7f1d11=
4e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tGMzjQTnR4qSoz0mnVLacPC4Tjp-q9SWOgNZm6-JAB=
2cZceK18Oc4C5_qZ4HE31r_MjuMSgEauzLXh-wz40fSQuv_iQu4dTpjYPbXk13TzwWFsfLsdOKC=
rUmzCyDsb05Xo4KIvylpixEGeJIhPhQfMpqdwduPbRaNEbzyfdtjDearl_pGTWxvGkQ0b02gJuN=
IcYrz4-N4BWKJWaDt7WgSE9nE0_UB1cXQP9KDEeXBiggaxcEoitW5QZsCNz55MeW3OJE0e0lX7P=
cyYvWJdQVzkWyLJtuSK2DRtIPZ6GR0IZSqxjtswcOM5BcQ5vheielXuY2risWXoq4sloksrKw-e=
NTVZtqJP1zPcYiNb-YeMM9MrJ6tLbqCKZn3lDFQQdxh_3b4M9ajlwZMGi_VMfPsuo%3D" targe=
t=3D"_blank" rel=3D"noopener noreferrer">recent Coinbase report</a>, =E2=80=
=9C83% of G20 members and major financial hubs have made progress toward re=
gulatory clarity for crypto.=E2=80=9D&nbsp;</p><p style=3D"margin: 16px 0px=
 0px; line-height: 1.6; word-break: break-word;">The host country sets the =
agenda, and since last year, major Indian political figures have been signa=
ling their intention to <a href=3D"https://links.coinbase.com/u/click?_t=3D=
3aca56371967418192255878e9689713&_m=3De79a85f0054641b0a7b7f1d114e69a7c&_e=
=3D6BZ6WomiAPS0xTBU-lF1tCILdZKnfe-nefE8bj6MNViK1aZ6fu2R0t0N2YvZ9ZNQJ-_JERm7=
DlJtkiy-wIlj0aRxSAONCNOoHggU75-4VYSaWmsLyP7NtPTukwf-3z-glAS7oTEIMIqfmgJbbht=
yTXwJj_OBqh54c92vdJWMvBsFx0jM8pPqkfg3W60BW0KE-Ol-grkQc6tTjuNE5OiwCOPLaJ4KxP=
CuYwQJWqKTaOZB78V-MX7IqBuEXTb5aVZDdwott_IPCeV_PMOZzALSQm79KEnVb4cYGowy0CoeQ=
A-urGLkDCDhZAfSejgWOXCzI3s45wDzHVJX76kFZ2hmhy8Dz7diBGQXZ0Q492QI0oK3SNtIKdTG=
dzFYDrxuM3cStmyAku7VAnoLNAsVH9o-u1mHFzHOM8CK6DESK9ebo36kcIfcfVDq1qyM7ifSNHn=
I" target=3D"_blank" rel=3D"noopener noreferrer">make crypto a key topic</a=
>, with the country=E2=80=99s finance minister <a href=3D"https://links.coi=
nbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3De79a85f0054641=
b0a7b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tCILdZKnfe-nefE8bj6MNVi9gu8jY7P=
_qZ1Yb-23aebH2O7FP8DgtUfwZo5lXYyKt3DeqxJvAj1ECTg6A_ImLjibpE36ATYA1DEBSuhE_f=
MF7ub9lPgndZt32uZ0ltD6bgzK0sg1Tc2VjxwKrmS4Z9Qb3vc-VsKvIXZgtUxFWBOzs5b9jksAP=
cygVSKEbRkZYwtuFXobGWqAXPRw5NAbJs4Nq-5cjyoGgmr_8nGig_boPkyzk7D5pAhlKj5mHNkG=
b7LgWCOscAPMtZ0xEXUzsteDz_SJ87lE7MqMmUqpeoKqdty-a2ehxBasp-coxoRhRiwOR7akmOs=
2gyknWAvHTBtTVAJq27symCNpsb-Lzrg0sGbjQVUr8O3etBv8iOAmlnaY0RjcJa9sTryoOSujIo=
6HvCh3CpZ9vP72amFdNBKlclpEajctnqicBOfjA7hwKqWRifQPw8ZpQSiqdrE_feY%3D" targe=
t=3D"_blank" rel=3D"noopener noreferrer">saying</a> that "no one single cou=
ntry can succeed in individually, being in a silo, trying to regulate the c=
rypto assets.=E2=80=9D In the runup to this year=E2=80=99s meeting, India a=
lso requested that the International Monetary Fund and Financial Stability =
Board detail a roadmap toward a global crypto regulatory framework and poli=
cy recommendations.&nbsp;</p><p style=3D"margin: 16px 0px 0px; line-height:=
 1.6; word-break: break-word;"><strong>Which crypto topics were discussed a=
t the G20?</strong></p><p style=3D"margin: 16px 0px 0px; line-height: 1.6; =
word-break: break-word;">Participating countries agreed to work toward impl=
ementing the IMF-FSB policy roadmap =E2=80=94 although the plan is short on=
 specifics. Instead, it provides <a href=3D"https://links.coinbase.com/u/cl=
ick?_t=3D3aca56371967418192255878e9689713&_m=3De79a85f0054641b0a7b7f1d114e6=
9a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tCILdZKnfe-nefE8bj6MNVgxm91E7FakktvYgn_wYeqSO=
jTsRqYDpDaG_xCNTtTkc_BgZHATkuQ1M-LTWIGOhd9I_OU7pMAj-jmK_BoSFOnQEIP-rlGNgL3Z=
MwdENsoeHlLFg4zyC05wfzGemMN5mnGJK7oeTPBdng_615wPJ_0V55JUYf3QZHWW4shEaEsiGCD=
9hmoiRcHAapKufXBfsOeflu629cteFOBbbAu8jRiP7K5v5S_G2IkdpbZ6mIW4ip2wUeYZL31-o1=
ew5W-oJr7GmmkaO1fr5-Pie6jkoPoemLowcLHUhShs3z1V9MGNO6gQcvMDGZC037lCUvvvIPxd7=
duYYG_Fk2t9wWKkuKnr2Ccg50YcLwgZqxl1ZKqnPEaGKkamoJuTtlmL_mwjs5ZIj-Fg1DgfPQF-=
TF_Mb70x" target=3D"_blank" rel=3D"noopener noreferrer">broad recommendatio=
ns</a>: that countries shouldn=E2=80=99t implement outright bans of crypto,=
 that they should institute sound monetary policies to ensure that citizens=
 don=E2=80=99t begin to prefer crypto over fiat currencies in the long run,=
 and that central banks shouldn=E2=80=99t hold crypto. Because G20 resoluti=
ons are non-binding, actual regulations will come from each member=E2=80=99=
s domestic legislative process.</p><p style=3D"margin: 16px 0px 0px; line-h=
eight: 1.6; word-break: break-word;"><strong>What happens next?&nbsp;</stro=
ng></p><p style=3D"margin: 16px 0px 0px; line-height: 1.6; word-break: brea=
k-word;">As India=E2=80=99s <a href=3D"https://links.coinbase.com/u/click?_=
t=3D3aca56371967418192255878e9689713&_m=3De79a85f0054641b0a7b7f1d114e69a7c&=
_e=3D6BZ6WomiAPS0xTBU-lF1tInXX3gierHSU-d-K-Y71BsQfNUvxkTAKCuTPLvWjdVq8BWkAQ=
_UOxL15ONMlA7HET8-7GLLlmyuI2DMca5m5S3zmTugcNfW_MMtK0fwrlrGqsHmi2mIRJWwc0b6R=
WLk7KMU7oZvirwm3V0eJhw_BiMHhRDLBOJ6qDdQiLJNN_2yoMsTfG0190-MPmG4BOQLWrEU1IXd=
sGTwfahI0O97Tsok1rdcEqGLLCzWIES1LnDUIZ1Y4-4aIfD1oeoAdSu_2tWI-jZ1Ktx6-rkBcks=
-TZ7jT5yI7Hps_PuSBJYoSlK5HyjBjpUndBGRDssc30416fXPD7kTb1abKHO6Plt-gEyOBJVrj6=
sEIV4JKnvAd-K0UsfIHdNgAFQ5e0kTeXovMVYaYVynsFVt3SRgGUdtnVaYIVvJLkkv1GOkBwM5T=
hfst-X9ycZ9cPpNJnk4JAeIgQMGtW60RDCrojHJ3MgrdrY6SQTVOgszlTQWOVMibZeT" target=
=3D"_blank" rel=3D"noopener noreferrer">G20 presidency</a> winds down, all =
eyes are turning toward Brazil, which will assume the presidency in Decembe=
r, and which is expected to have a more progressive<a href=3D"https://links=
.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3De79a85f005=
4641b0a7b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tCILdZKnfe-nefE8bj6MNVjS7jQ=
UCGQI0gfN_ozhMUeF-laS9fSxDLOtCdoKnVlj1Vc8VxuKjLm-60qWZ3fgdaQbi5a2zjmgmL2GDp=
biSmVa4JXYfHQyLgwNuFim9j5HzPgwncjYvu8h6bg8iK1mmVVq2k9fxt66ZNRtfrjMsdjKGKWOz=
ee9ua7EyinkgGI5m65lwQS_8MXWSo4ivE1YJ21nUeu-ooUg2jPgPVd0h5zA6rTfPttY8xxfyDwG=
VbBN3rfZX97lEhIcsJ1fBVSmBsOKfkk0eCdRTDm5VY7ZA1gzaYBLs556RJ42RW7ytIky4LSrFzX=
q2oPH6c1ieq8_k4qq7GCv5VAHrvSUHho6LeaAWMQpNwQJKQK77AW57prOZra-SVNYMdtSHwZRiJ=
zg7Xc%3D" target=3D"_blank" rel=3D"noopener noreferrer"> approach to crypto=
</a> as a global leader in crypto regulation. Latin America=E2=80=99s large=
st economy already boasts a domestic <a href=3D"https://links.coinbase.com/=
u/click?_t=3D3aca56371967418192255878e9689713&_m=3De79a85f0054641b0a7b7f1d1=
14e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tDXLR7WwpTz8EIJPernbXrbsr6OwGy-T3zUTkxqv_=
PcmmqQkH7-O97H7rlxkRjGv1ThwntGS7E3wo9hWuMKJTJ4v-4Qa63uc_xm3YxbwAy6owW7ClViG=
kqlgFZLIwV65QdtHPm9UMY9tJIk4CVlT2NFNQaYVYOJ5GSMHeIgE8F-EBCXoMygyEi5zikZpoLF=
bAdnVRdsusFsXYDp1m9bt1rX2iOsrQPVpDnvOJxsQPlFogNrlZk2p5erUIkk_gSGV4tqa92S--K=
j1MpxItJV_OiVE7vK9AIou64zn2bu-uSqUqCOx36AESd4QGeGab4WMEP2cD9ohd0pWT4_MtZPeQ=
rkHCehqJzeyMGXvPuWa_1nKpXoG9RXiWtzhIHNlmf8B3A%3D%3D" target=3D"_blank" rel=
=3D"noopener noreferrer">crypto framework</a>, has multiple <a href=3D"http=
s://links.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3De=
79a85f0054641b0a7b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tGMzjQTnR4qSoz0mnV=
LacPCs3rByy1MxsNrGP1691hhkzeYol8nytNNy_69XGWS7rxvtSVfmcMEcUDWfc9catvfU6_JHP=
nK1uzE8yI3T5K4tV9H8_lrdP6nM6eBGJ5_znd0erAGlmrf8-A_lonyxGuJqTi_yC1CYKB9OBZxu=
hF3C3dQuDgrog4oa2xQKJCv44Nnl-IMy4pAscyi4qzm3gFaes4BMkPxFb1FeuwaraEvgMEAoy5z=
T7Zq9_RjZFivbFob6sSz7FLcz5ks3P2Xz-6THkyH8zAbqQjRp5LHhZLzkg3ShOhNl4mZGB7VWrU=
iQhyx4ZQDg1OojYerlOfaTjwBQAKpdcfbyduMzoYb54fCWQHse4rlBJqfqkKKXAIsT2w%3D%3D"=
 target=3D"_blank" rel=3D"noopener noreferrer">spot crypto ETFs</a> trading=
 on markets, and allows for <a href=3D"https://links.coinbase.com/u/click?_=
t=3D3aca56371967418192255878e9689713&_m=3De79a85f0054641b0a7b7f1d114e69a7c&=
_e=3D6BZ6WomiAPS0xTBU-lF1tCILdZKnfe-nefE8bj6MNVguQXWpUDONehURV0dvvnuUuMfg0u=
GKtjoSUhheeIkryWmkoqHs7aFClv3SdpUXVyNCqV7yqLaaBYoofdPPnk2vnkVA7SmNjeVPdRBe1=
9pqZVWvNfXf4Ht-2GxBQjcZGTaXTT8-0agmJI30tj_0eM-PzkAxOonLSr1kcrXanX5nRymZjNNM=
witTuk4Cu7KuwIVBcOR9UldtuiGgwGNIoJjpwaq7NO2B93Q0oNn1z-rPVd-G0Z87e_4XiJIha7e=
wY8rbqBozu7uLZm7HeNLk53_j2kE4-PJgIlcZUNQoE4A174d71-1Rpvjy61F0bzIhtq8eIAOBCa=
Y1s67JHnOfAuTE9YwRlT4c_iepiWukRMd1DvqmIsUxpA1UTGDApJTsDTwG9EO_mp1DwZhgUEz34=
b--" target=3D"_blank" rel=3D"noopener noreferrer">tax payments</a> in cryp=
tocurrency. </p><div class=3D"cta_button" style=3D"margin: 24px 0px 0px; pa=
dding: 0px; width: 50%;"><!--[if mso]><table width=3D"100%" cellpadding=3D"=
0" cellspacing=3D"0" border=3D"0" style=3D"border-spacing:0;border-collapse=
:collapse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td style=3D"padd=
ing:0;" align=3D"left"> <v:roundrect xmlns:v=3D"urn:schemas-microsoft-com:v=
ml" xmlns:w=3D"urn:schemas-microsoft-com:office:word" ses:no-track href=3D"=
https://links.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=
=3De79a85f0054641b0a7b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tGMzjQTnR4qSoz=
0mnVLacPC4Tjp-q9SWOgNZm6-JAB2cZceK18Oc4C5_qZ4HE31r_MjuMSgEauzLXh-wz40fSQuv_=
iQu4dTpjYPbXk13TzwWFsfLsdOKCrUmzCyDsb05Xo4KIvylpixEGeJIhPhQfMpqdwduPbRaNEbz=
yfdtjDearl_pGTWxvGkQ0b02gJuNIcYrz4-N4BWKJWaDt7WgSE9nE0_UB1cXQP9KDEeXBiggIBM=
VM1LA7oOq3TSjbotJSJgMTjRz_koAHP-Nq-nyUTiEkKxG03zK0aEazna6qJ5vP-Mx0wueBr5-91=
Tr0rXZiaN9qk6qLz02DfDAjkUMXnarLter6QHG0fwjqvajoR1JH9WEUSdbB4BEPwyoePnnSbZlU=
e4HHtN6pkHQIwWPuoU%3D" style=3D"width:350pt;v-text-anchor:middle;" arcsize=
=3D"17%" stroke=3D"false" fillcolor=3D"#0052ff"> <w:anchorlock/><v:textbox =
inset=3D"0,0,0,0"><center style=3D"font-family: Helvetica Neue, Helvetica, =
Arial, sans-serif;"><![endif]--><a href=3D"https://links.coinbase.com/a/cli=
ck?_t=3D3aca56371967418192255878e9689713&_m=3De79a85f0054641b0a7b7f1d114e69=
a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tGMzjQTnR4qSoz0mnVLacPC4Tjp-q9SWOgNZm6-JAB2cZc=
eK18Oc4C5_qZ4HE31r_MjuMSgEauzLXh-wz40fSQuv_iQu4dTpjYPbXk13TzwWFsfLsdOKCrUmz=
CyDsb05Xo4KIvylpixEGeJIhPhQfMpqdwduPbRaNEbzyfdtjDearl_pGTWxvGkQ0b02gJuNIcYr=
z4-N4BWKJWaDt7WgSE9nE0_UB1cXQP9KDEeXBiggiHrIRCtLP5mY4yejL3_lf3a25l3zypyzcOw=
_5fP3DzVXV3OFqI1r6APO7AiUo87Rr5m344mWokXXUbWYgY18R5D2vVsiW_-_VQkgSIcH6OyD7c=
zaPEDj8pR-VDGuFe264Gb4wOpqZJgkYmiSualPn82HmdNFfxE_ModqyaQNrYQ%3D" target=3D=
"_blank" rel=3D"noopener noreferrer" style=3D"display: block; margin: 0px; =
line-height: 1.2; font-size: 16px; text-decoration: none; color: rgb(255, 2=
55, 255); background-color: rgb(0, 82, 255); border-radius: 30px; text-alig=
n: center; padding: 18px 0px;"><strong>Read our international report</stron=
g></a><!--[if mso]></center></v:textbox></v:roundrect></td></tr></table><![=
endif]--></div><table width=3D"100%" role=3D"presentation" style=3D"table-l=
ayout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: co=
llapse; min-width: 100%; text-size-adjust: 100%;"><tbody><tr style=3D"verti=
cal-align: top;"><td valign=3D"top" style=3D"word-break: break-word; vertic=
al-align: top; min-width: 100%; text-size-adjust: 100%; padding: 48px 0px;"=
><table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" width=3D"100%" ali=
gn=3D"center" role=3D"presentation" style=3D"table-layout: fixed; vertical-=
align: top; border-spacing: 0px; border-collapse: collapse; border-top: 2px=
 solid rgb(222, 224, 226); width: 100%;"><tbody><tr style=3D"vertical-align=
: top;"><td valign=3D"top" style=3D"word-break: break-word; vertical-align:=
 top; text-size-adjust: 100%;"><span></span></td></tr></tbody></table></td>=
</tr></tbody></table><div><table style=3D"margin: 0px; padding: 0px;"><tbod=
y><tr><td style=3D"margin: 0px; padding-right: 11px; vertical-align: middle=
;"><img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrato=
rs/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/do=
t-1.5x.png" width=3D"12" height=3D"12" style=3D"display: block; width: 12px=
; height: 12px;"></td><td style=3D"margin: 0px; padding: 0px; vertical-alig=
n: middle;"><p style=3D"margin: 0px; font-size: 16px; letter-spacing: 0.075=
em;"><strong> NUMBERS TO KNOW </strong></p></td></tr></tbody></table></div>=
<h1><strong>$31.7 million</strong></h1><p style=3D"margin: 16px 0px 0px; li=
ne-height: 1.6; word-break: break-word;">Value of energy credits <a href=3D=
"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_=
m=3De79a85f0054641b0a7b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tLX5U80sFoDWt=
PBQrIrVeDSCaCOsG-NtUcqItrMnqkUafZjbDi_M-5M8f_w7qEATBw3SMy_c-eG66-6kyxVJtgRU=
MSzKhp8_yAnuZt12XAX8rl3wiXsbi6kc7gqR63vVhA4s-SrUcxXGSGysjLdd1UYIQ3tE-0ol9P0=
dIpdAYSVBZGriRtezdfqlvk-EtRepA0qMELffM7nhD-4TktdQQUWT0iCwYlbVrSTAk8kIj1Ftxk=
6tZ22CraeCeNWIyrIa0QT81ExImCv4UhFAQ9UnuIZx099jfq8ikWwsCHgL2KRmlGhXKFJMnLwSq=
c7yIgnzsVEX8IWNH4AdFNlVth50_gQfdoW23HpjmTpokiJLQv4d" target=3D"_blank" rel=
=3D"noopener noreferrer">earned</a> by crypto mining firm Riot Platforms fo=
r lowering the power consumption of its BTC mines in Texas during a record =
heat wave this month.&nbsp;</p><h1><strong>$22.8 million</strong></h1><p st=
yle=3D"margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;"><a =
href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e96=
89713&_m=3De79a85f0054641b0a7b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tAi0Hj=
ar08EMAWCfa9pwTx0nKhGtXRsWcaWZ82lVKK5u8CNPKQTlZD8AujOkD7rMn-s1mRAnYtmYsyV2m=
zRL7MO4zdp_3okLWaJyE_io6edHOS52etOJ6Nk1e7IFom9oSgZmo2izXgxg4N82xjXuZSX7snwV=
lPeRtNG__ZtGvW-hdRK0jK3HgGdm2I4It8nlww5DMiEF_THrLdPSIj62VP7hGd6skuTq0JmIr20=
T4PTjpaTl2i5tdNCUSupd8KKgdBAQs6xRc6kSwoCyw78kbBEM9GV_IkI55Y8HsYE1TjpWSq5RDj=
xmS9JPLJvUjFvdDw%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">Total=
 value locked into</a> the buzzy decentralized social protocol Friend.tech,=
 weeks after many observers <a href=3D"https://links.coinbase.com/u/click?_=
t=3D3aca56371967418192255878e9689713&_m=3De79a85f0054641b0a7b7f1d114e69a7c&=
_e=3D6BZ6WomiAPS0xTBU-lF1tIkFt4GLRy56_QD4rM3yTNHpq7JKWFpJEVcM7ZbL598xXup4h-=
lHJu0CWywpf22FExGZdtPAiGUmamRQ6lBz_TvLgrMT5riBY5tkZ7xBMqppHc47TmK2yhD2xUbj0=
ZnaffuFOe1oDJ7pcuslKkF2ex9Q-PocXzHitlClEGgcXWjsN5tChfXE-aEHcmNRQuCaUbFBqotZ=
VyEpcY0y43_zWFQ75Hpnd3BWdKKl4DSj8cjmKZiM_egW5foFuzgERl2XaULeSySaFYbzPoV6_WQ=
hSV4jlGedPWZIYOdhkZgg6FWKWtOXBlDaa9fpjzo23cyPOnJbcq-AQHixg148ZVvvokYP0-ZzHk=
6cipXiddl2z--DJMDxfUs99Utsg9tIUnaZnA%3D%3D" target=3D"_blank" rel=3D"noopen=
er noreferrer">described it as =E2=80=9Cdead=E2=80=9D</a> following a sharp=
 drop in user activity. As of Monday Friend.tech ranked third across all De=
Fi apps in earned fees and revenue.&nbsp;</p><h1><strong>25</strong></h1><p=
 style=3D"margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">=
Number of questions <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca=
56371967418192255878e9689713&_m=3De79a85f0054641b0a7b7f1d114e69a7c&_e=3D6BZ=
6WomiAPS0xTBU-lF1tCo5-K3z7FeXrWU7wMbWX0rWuEaHJh_CiIGbD8B31GLMiKZTlBMd_wZQz5=
W1xZ5QIrNakPTeASjRSpkK9KQEROYHGObC1ethNIj_OvcYVgK_kxinZuLESAQuIl7LVCnpsGNCj=
5DpOqHADJZFF2KhM0H4bIPzv11BtVkUUg0K3pVEebT2HbMxvan4Tqz5QsgqLqqKfW-s1VQ8mJrB=
2rvNsA_tVQE8AXgJd-xVkrbxyRyr-f7F9MfGYt9mwJRo-U64Bf9ROBlNnMF6BQMohysz55xWiNu=
dSR61sfZMAgBRd-ksPaxnhULvFqxYxwbFpvI8o29tdUiXVlhjWdvCJeT160vJTlVzEoTAnqRhwN=
_h7suw" target=3D"_blank" rel=3D"noopener noreferrer">on a new exam</a> tha=
t French crypto and finance =E2=80=9Cinfluencers=E2=80=9D have to take as p=
art of a certification process aimed at protecting investors. Influencers m=
ust score 75% to pass.&nbsp;</p><p style=3D"margin: 16px 0px 0px; line-heig=
ht: 1.6; word-break: break-word;"></p><table width=3D"100%" role=3D"present=
ation" style=3D"table-layout: fixed; vertical-align: top; border-spacing: 0=
px; border-collapse: collapse; min-width: 100%; text-size-adjust: 100%;"><t=
body><tr style=3D"vertical-align: top;"><td valign=3D"top" style=3D"word-br=
eak: break-word; vertical-align: top; min-width: 100%; text-size-adjust: 10=
0%; padding: 48px 0px;"><table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" width=3D"100%" align=3D"center" role=3D"presentation" style=3D"table=
-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: =
collapse; border-top: 2px solid rgb(222, 224, 226); width: 100%;"><tbody><t=
r style=3D"vertical-align: top;"><td valign=3D"top" style=3D"word-break: br=
eak-word; vertical-align: top; text-size-adjust: 100%;"><span></span></td><=
/tr></tbody></table></td></tr></tbody></table><div><table style=3D"margin: =
0px; padding: 0px;"><tbody><tr><td style=3D"margin: 0px; padding-right: 11p=
x; vertical-align: middle;"><img src=3D"https://d15k2d11r6t6rl.cloudfront.n=
et/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca563719=
67418192255878e9689713/dot-1.5x.png" width=3D"12" height=3D"12" style=3D"di=
splay: block; width: 12px; height: 12px;"></td><td style=3D"margin: 0px; pa=
dding: 0px; vertical-align: middle;"><p style=3D"margin: 0px; font-size: 16=
px; letter-spacing: 0.075em;"><strong> AROUND COINBASE </strong></p></td></=
tr></tbody></table><p style=3D"margin: 5px 0px 0px; font-size: 32px; line-h=
eight: 1.26; word-break: break-word;"><strong>A competition for web3 ideas,=
 ETH staking gets easier, and what=E2=80=99s next for crypto?</strong></p><=
/div><!--[if mso]><ul style=3D"line-height:1.6;mso-line-height-alt:26px;"><=
![endif]--><!--[if !mso]><!-- --><ul style=3D"margin: 10px 0px 0px; padding=
-left: 24px; line-height: 1.6;"><!--<![endif]--><li style=3D"margin: 0px; p=
adding: 6px 0px;"><strong>Coinbase CEO Brain Armstrong spoke to Yahoo Finan=
ce</strong> at Goldman Sachs=E2=80=99 Communacopia + Technology conference =
in San Francisco last week in a wide-ranging discussion about regulatory de=
velopments, bitcoin ETF applications, and why he is confident that crypto =
=E2=80=9Ccould become a hot topic in the presidential race in 2024.=E2=80=
=9D (<a href=3D"https://links.coinbase.com/u/click?_t=3D3aca563719674181922=
55878e9689713&_m=3De79a85f0054641b0a7b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-l=
F1tB-3hkNc7E2a3h1s9dzLhy-DYF4JMD5TlH5oobsyuyvGcEUUOIlhZd1gkbySaCP_hiadTNGwK=
-OoZxowme0Nuh_jzdpunJPyrqb1PUEZ_AvMtqVWhT7SSN37Qc1arvJi09lqO5pu4r1Cfp0Oyega=
GfjdhJXBz-eplUWU8OHWmfuV9qNQkKcW5OHTNINtY4NcOhtT8qyh_Vqh2fzGhzdE_uBC11csCDr=
lm-OG3OVAssOjr0HaccXHR09Lvn6qmLutTm9qz_BlYp7qgBVlt2ll5ygoQahBgSwi1NZyboVreq=
7oobpHC9iVsoRxhm29Rst7wWVjz4WvKsV7VAF5GIfEN_QVU9EIZhT4MC-G27fddKYaMDji9CN8M=
XYak78a7dCkJg%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">Watch th=
e interview</a>.)</li><li style=3D"margin: 0px; padding: 6px 0px;"><strong>=
Think you have an idea for the next great decentralized application or cryp=
to protocol?</strong> <a href=3D"https://links.coinbase.com/a/click?_t=3D3a=
ca56371967418192255878e9689713&_m=3De79a85f0054641b0a7b7f1d114e69a7c&_e=3D6=
BZ6WomiAPS0xTBU-lF1tGMzjQTnR4qSoz0mnVLacPCmp0h-QBm9Gp5qp32xRD2iZPNKk1p1FVu4=
m0FqhQAlUUFTyQUdACjiesH7ESAhe0Jg7MVxfRwrKh-BMDEZ4EDQyiresN1Swd63AY58KjoNlt9=
BOCdIV-SuYfQlEYFerLu8EpbhgtSPHd5pN1wmla9mwSoVjfocU98EXNk2gKTwBmIyLzdjDyMFLQ=
Kl7FKEGMYQwBZzxYibVF7FtwvS5Wmw0drarLV4hmhGTl8V5KJDGuP7dhSMErEg-4W8UztBF4g_z=
nt0EX36JAgMfPJVGi6oX_ohndfp9_qVuHUUjri70uXllsHDOnbSxNF8Sdydqqw%3D" target=
=3D"_blank" rel=3D"noopener noreferrer">Complete our new product challenge<=
/a> and submit your web3 idea for a chance to win up to $2,000 in ETH, a Fi=
nisher NFT, and more.&nbsp;</li><li style=3D"margin: 0px; padding: 6px 0px;=
"><strong>Partial ETH staking is here. </strong><a href=3D"https://links.co=
inbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3De79a85f005464=
1b0a7b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tGMzjQTnR4qSoz0mnVLacPAjtQHkp0=
Ugi3ruRXFGXcqDW5JmnxcNh__Z7P5Gregbm1ewx1D8SBK_kyVvT7ZblTMMTAcYPEEPjBHe4oLX7=
FWTr-5EIfwjC3oiMM1OD2WZ6g84C5nHR04a7gXyS-Z8fX5LoM2y5CmdKZjYUXii6iiOAS-ZKAD0=
hWPgayj0bcB9c0-pDt06IyI8fFgz8UaNmCvhdkKmwYRemuVvLXA9auEFf_qN24kfnhv351krn9p=
O8TisCMqRlmu-0JjYgBvHJLnVvKniOZjpfDdajaa0Am4ZH6JnUrxO2MTHiK1T8kOIq1g3oKu0Kn=
tRIxLAvHP7NgLanUrmHVn0FZWKxhhfEtSI9vCIZs5PJnHdkZVQg6dBig%3D%3D" target=3D"_=
blank" rel=3D"noopener noreferrer">Together with Kiln, Coinbase is launchin=
g a partial ETH staking solution</a>, allowing users to stake any amount of=
 ETH natively and participate directly on the blockchain. The new offering =
will be accessible on Coinbase Wallet in coming weeks.</li></ul><p style=3D=
"margin: 0px; padding: 0px;"></p><table width=3D"100%" role=3D"presentation=
" style=3D"table-layout: fixed; vertical-align: top; border-spacing: 0px; b=
order-collapse: collapse; min-width: 100%; text-size-adjust: 100%;"><tbody>=
<tr style=3D"vertical-align: top;"><td valign=3D"top" style=3D"word-break: =
break-word; vertical-align: top; min-width: 100%; text-size-adjust: 100%; p=
adding: 48px 0px;"><table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
width=3D"100%" align=3D"center" role=3D"presentation" style=3D"table-layout=
: fixed; vertical-align: top; border-spacing: 0px; border-collapse: collaps=
e; border-top: 2px solid rgb(222, 224, 226); width: 100%;"><tbody><tr style=
=3D"vertical-align: top;"><td valign=3D"top" style=3D"word-break: break-wor=
d; vertical-align: top; text-size-adjust: 100%;"><span></span></td></tr></t=
body></table></td></tr></tbody></table><div><table style=3D"margin: 0px; pa=
dding: 0px;"><tbody><tr><td style=3D"margin: 0px; padding-right: 11px; vert=
ical-align: middle;"><img src=3D"https://d15k2d11r6t6rl.cloudfront.net/publ=
ic/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca5637196741819=
2255878e9689713/dot-1.5x.png" width=3D"12" height=3D"12" style=3D"display: =
block; width: 12px; height: 12px;"></td><td style=3D"margin: 0px; padding: =
0px; vertical-align: middle;"><p style=3D"margin: 0px; font-size: 16px; let=
ter-spacing: 0.075em;"><strong> TOKEN TRIVIA </strong></p></td></tr></tbody=
></table><p style=3D"margin: 5px 0px 0px; font-size: 32px; line-height: 1.2=
6; word-break: break-word;"><strong>What is proof of work?</strong></p></di=
v><div style=3D"margin-top: 16px;"><table style=3D"line-height: 1.6; word-b=
reak: break-word;"><tbody><tr><td style=3D"padding-right: 12px;"><strong>A<=
/strong></td><td>The way miners secure and scale Bitcoin=E2=80=99s blockcha=
in</td></tr><tr><td style=3D"padding-right: 12px; padding-top: 12px;"><stro=
ng>B</strong></td><td style=3D"padding-top: 12px;">A way to verify transact=
ions on a blockchain </td></tr><tr><td style=3D"padding-right: 12px; paddin=
g-top: 12px;"><strong>C</strong></td><td style=3D"padding-top: 12px;">The p=
redecessor to proof of stake</td></tr><tr><td style=3D"padding-right: 12px;=
 padding-top: 12px;"><strong>D</strong></td><td style=3D"padding-top: 12px;=
">All of the above</td></tr></tbody></table></div><p style=3D"margin: 16px =
0px 0px; line-height: 1.6; word-break: break-word;">Find the answer at the =
end of the email.</p><div class=3D"cta_button" style=3D"margin: 24px 0px 0p=
x; padding: 0px; width: 50%;"><!--[if mso]><table width=3D"100%" cellpaddin=
g=3D"0" cellspacing=3D"0" border=3D"0" style=3D"border-spacing:0;border-col=
lapse:collapse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td style=3D=
"padding:0;" align=3D"left"> <v:roundrect xmlns:v=3D"urn:schemas-microsoft-=
com:vml" xmlns:w=3D"urn:schemas-microsoft-com:office:word" ses:no-track hre=
f=3D"https://links.coinbase.com/a/click?_t=3D3aca56371967418192255878e96897=
13&_m=3De79a85f0054641b0a7b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tGMzjQTnR=
4qSoz0mnVLacPDIxOGqz31VutO8wa0ZNdCWnAy4ME1dBj3fYuSPiEa2MeFDLN7iM6APrbdB-Kdp=
ZdW0IVTBK7j0_R70XiXb3I0vMLfCjaaLgT4WjZzZCSukiHlHL6fppcUx7iLMxWTuDyAP5ViucpZ=
LmwwokyfjQ_wzhBJA66xJytqsFuR7VQyLq8KvoyzL5Sq10xmnFsyaVkhhbUFAl3JGjqox2GtDT3=
DOaxNAXExNvuFKD13nF_-dYMMUXVFO7tmOYEZSbK77Wxtzf9u2zUcb1GDcv8xMEbp5McZTuXY23=
fbaPbM-cZwziZ2o7ZtLG6jha4T4gTfSnDxmz4njO8WuYd8bo2jqnQ_NP5u_AIyDHKezF9eAvXWe=
a55slqc1WfDv7WaBnh_CO45BgybbOVHB5W7fEpBzDK3_bD6kyrIj_mUX8YBWWx_Zb0B7ARaQI2t=
iwUKaKlO8UyW7DI1CAqmietnLLeZkHTSzDKGd47Me6kNBjqlTe_vbvTGWnsXSYf4NqXYu_rULkD=
gFScmEpAtl2ICC7JTHeSdTujTACyqm53X2jZZA_D2orvoGZx5zSMiUF2ApRq4ney4-Bc1sbenRd=
MiWucHzG6dp" style=3D"width:350pt;v-text-anchor:middle;" arcsize=3D"17%" st=
roke=3D"false" fillcolor=3D"#0052ff"> <w:anchorlock/><v:textbox inset=3D"0,=
0,0,0"><center style=3D"font-family: Helvetica Neue, Helvetica, Arial, sans=
-serif;"><![endif]--><a href=3D"https://links.coinbase.com/a/click?_t=3D3ac=
a56371967418192255878e9689713&_m=3De79a85f0054641b0a7b7f1d114e69a7c&_e=3D6B=
Z6WomiAPS0xTBU-lF1tGMzjQTnR4qSoz0mnVLacPDIxOGqz31VutO8wa0ZNdCWnAy4ME1dBj3fY=
uSPiEa2MeFDLN7iM6APrbdB-KdpZdW0IVTBK7j0_R70XiXb3I0vMLfCjaaLgT4WjZzZCSukiHlH=
L6fppcUx7iLMxWTuDyAP5ViucpZLmwwokyfjQ_wzhBJA66xJytqsFuR7VQyLq8KvoyzL5Sq10xm=
nFsyaVkhhbUFAl3JGjqox2GtDT3DOaxNAXExNvuFKD13nF_-dYMMUXVFO7tmOYEZSbK77Wxtzf9=
u2zUcb1GDcv8xMEbp5McZTuXY23fbaPbM-cZwziZ2o7ZtLG6jha4T4gTfSnDxmz4njO8WuYd8bo=
2jqnQ_NP5u_AIyDHKezF9eAvXWea55slqc1WfDv7WaBnh_CO45BgybbOVHB5W7fEpBzDK3_3WV3=
6GnUzfZgXviFCIqwZBoSGTgt-qrInxH7vgWzqTHm06IRqag7Z-y47DVvDM0PDhEMRIXPZtwJVQH=
ho6ZkT88UxD1OldW8bnIhfFgekXdO2cv9eXYsBWM6r473xVtMFuVPEnrZJ4NMNu7di3IMSHk4Xg=
cAXn7MsFemD5EejHgkXOGIZuMyISzACdRkV7s-" target=3D"_blank" rel=3D"noopener n=
oreferrer" style=3D"display: block; margin: 0px; line-height: 1.2; font-siz=
e: 16px; text-decoration: none; color: rgb(255, 255, 255); background-color=
: rgb(0, 82, 255); border-radius: 30px; text-align: center; padding: 18px 0=
px;"><strong>Learn about proof of work</strong></a><!--[if mso]></center></=
v:textbox></v:roundrect></td></tr></table><![endif]--></div><table width=3D=
"100%" role=3D"presentation" style=3D"table-layout: fixed; vertical-align: =
top; border-spacing: 0px; border-collapse: collapse; min-width: 100%; text-=
size-adjust: 100%;"><tbody><tr style=3D"vertical-align: top;"><td valign=3D=
"top" style=3D"word-break: break-word; vertical-align: top; min-width: 100%=
; text-size-adjust: 100%; padding: 48px 0px;"><table border=3D"0" cellpaddi=
ng=3D"0" cellspacing=3D"0" width=3D"100%" align=3D"center" role=3D"presenta=
tion" style=3D"table-layout: fixed; vertical-align: top; border-spacing: 0p=
x; border-collapse: collapse; border-top: 2px solid rgb(222, 224, 226); wid=
th: 100%;"><tbody><tr style=3D"vertical-align: top;"><td valign=3D"top" sty=
le=3D"word-break: break-word; vertical-align: top; text-size-adjust: 100%;"=
><span></span></td></tr></tbody></table></td></tr></tbody></table><div><tab=
le style=3D"margin: 0px; padding: 0px;"><tbody><tr><td style=3D"margin: 0px=
; padding-right: 11px; vertical-align: middle;"><img src=3D"https://d15k2d1=
1r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c54=
2cff6dd6a/3aca56371967418192255878e9689713/dot-1.5x.png" width=3D"12" heigh=
t=3D"12" style=3D"display: block; width: 12px; height: 12px;"></td><td styl=
e=3D"margin: 0px; padding: 0px; vertical-align: middle;"><p style=3D"margin=
: 0px; font-size: 16px; letter-spacing: 0.075em;"><strong> NOW TRADING ON C=
OINBASE </strong></p></td></tr></tbody></table></div><a href=3D"https://lin=
ks.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3De79a85f0=
054641b0a7b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tGMzjQTnR4qSoz0mnVLacPDAn=
PhkOCnj6Xig5g01EamX7ajdkB_TBBEpuRF9Ty7Yoy-_esqk-8Djxbg-d1gUotKVoMsN7swCfHO3=
uu7NTs3eAzLwalb_pRcDzWhZ3DzeD4cD878czQnb9o9S6_UCTqi4euQcdgBNOy67GJMRGySiP5A=
IGF_XdxjT8IYBVQO_JIDpBDewZEXu93lY5qrWsSOaCghsLis2d9nLM275ObfFRsoZprDRGOLREB=
1z1YMhf8HqOQaoyiKooP9HeYQW1EsQboFzAv273UHZ_Rk88BJzjqjes2a83iv4IupY7ir6iDO3K=
J0JbFUJFtpkWQuDaKWMWq_N0fLkbcsjpzesi4zO" target=3D"_blank" rel=3D"noopener =
noreferrer" style=3D"color: rgb(10, 11, 13); text-decoration: none;"><table=
 style=3D"margin: 16px 0px 0px; width: 100%;"><tbody><tr><td style=3D"font-=
size: 32px; line-height: 1.26; word-break: break-word; vertical-align: midd=
le; white-space: nowrap;"><strong>PYUSD</strong></td><td style=3D"vertical-=
align: middle; padding-left: 12px;"><img src=3D"https://dynamic-assets.coin=
base.com/6dd585417140accba59bb9a4ccc4563e6058729a8394766840d463cdbfcc0fd9fb=
0f71ecda041323570a212c488f9d5fbd1c80177e076a1037338e8d9f32123b/asset_icons/=
893977dc71d9dc0fdb621b4081cc48db530cf365770894ddf4b241fcc0c003be.png" width=
=3D"26" height=3D"26" style=3D"display: block; width: 26px; height: 26px; v=
ertical-align: middle;"></td><td style=3D"vertical-align: middle; text-alig=
n: right; width: 100%;"><img src=3D"https://d15k2d11r6t6rl.cloudfront.net/p=
ublic/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca5637196741=
8192255878e9689713/Newsletter%20Assets/newlistings_light.png" width=3D"21" =
height=3D"18" style=3D"width: 21px; height: 18px; vertical-align: middle;">=
</td></tr></tbody></table><p style=3D"margin: 0px; line-height: 1.6;">PayPa=
l USD (PYUSD) is a stablecoin pegged to the U.S. </p></a><table width=3D"10=
0%" role=3D"presentation" style=3D"table-layout: fixed; vertical-align: top=
; border-spacing: 0px; border-collapse: collapse; min-width: 100%; text-siz=
e-adjust: 100%;"><tbody><tr style=3D"vertical-align: top;"><td valign=3D"to=
p" style=3D"word-break: break-word; vertical-align: top; min-width: 100%; t=
ext-size-adjust: 100%; padding: 48px 0px;"><table border=3D"0" cellpadding=
=3D"0" cellspacing=3D"0" width=3D"100%" align=3D"center" role=3D"presentati=
on" style=3D"table-layout: fixed; vertical-align: top; border-spacing: 0px;=
 border-collapse: collapse; border-top: 2px solid rgb(222, 224, 226); width=
: 100%;"><tbody><tr style=3D"vertical-align: top;"><td valign=3D"top" style=
=3D"word-break: break-word; vertical-align: top; text-size-adjust: 100%;"><=
span></span></td></tr></tbody></table></td></tr></tbody></table><p style=3D=
"margin: 0px; line-height: 1.6; word-break: break-word;"><strong>Trivia ans=
wer</strong></p><table style=3D"margin: 12px 0px 0px; line-height: 1.6; wor=
d-break: break-word;"><tbody><tr><td style=3D"padding-right: 12px;"><strong=
>D</strong></td><td>All of the above</td></tr></tbody></table><table style=
=3D"margin: 48px 0px 0px;"><tbody><tr><td style=3D"text-align: left;"><img =
src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5=
713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/Rebrand%20=
Assets/coinbase_footer_wordmark.png" alt=3D"Coinbase" height=3D"26" style=
=3D"display: block; height: 26px; margin-bottom: 24px;"></td></tr><tr><td><=
a href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e=
9689713&_m=3De79a85f0054641b0a7b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tAoY=
5CHzfO6A9l1XC2VKLxllPww0_NuywPS-TPd3eGXYlCLRQhUdnvSb__rl_Ul9ftDRcTUFZ8mItrK=
aKaPEV0kY3j2W0WlQfeB8RbrmX_YrDC9TtxHM6ngFMKPYc4oLfYdLBfALA_xsSnutq7_SCrIXff=
dRMpwtT_iOm1EB_LXJ_fHwLPvVujjI4BcH8pBquWbAODfNA5lCqwkCHoYVsTQC7UmVW6ByoMyhN=
Fc6AdLLzybHm_0IA2PyVplHFDp-84zI0gXCFQIRIMVGhbbIShQMPVJyfnFhCWmOlmsWc80Bc531=
2Go72oynJETpo6f1CphUPkxgbfXfM8mpTZWc5wGKMXLzvSRyyM-0SWeFa36j" title=3D"coin=
base ios app" target=3D"_blank" rel=3D"noopener noreferrer"><img src=3D"htt=
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eight: 46px; margin-right: 8px;"></a></td><td><a href=3D"https://links.coin=
base.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3De79a85f0054641b=
0a7b7f1d114e69a7c&_e=3D6BZ6WomiAPS0xTBU-lF1tBKGSY-X9f8-qgEok7SfDB_I_3rpsrDl=
IG83CrshSgyorI9MMaKvZhyZy__WmKQ_xS4oeLl81znTXNaDmsCxudC6VQgLoubmLSnryScvK9C=
GpDqPbT4HAwJAeFAosb4tzUJIrlC1x9A_Rn7MLcJUonaB3mHbnBuGk1-AMevXQEa_wG677SneaF=
lby2ELRqaQsoMIy9b2e_3a_dWiC57PtTBEkH3t1M_O3iIu_SredMDSYbT5NqnluauZrK0ScJPVc=
NuK9DGHGu9XOuG2b3JO5YslRYpQmEGVG1ptPGv2QxoyhBquNWb8h3NHiP22wdapdW4pRDC2uG2Q=
wxtsnl19Z2apjo3-olEnC1zedyrtbu23" title=3D"coinbase android app" target=3D"=
_blank" rel=3D"noopener noreferrer"><img src=3D"https://d15k2d11r6t6rl.clou=
dfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3a=
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gle Play" height=3D"46" style=3D"display: block; height: 46px;"></a></td></=
tr></tbody></table><div style=3D"margin-top: 24px;"><p style=3D"font-size: =
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