HEX

File: D:/hMailServer/Data/showfile.com/admin/8E/{8E8ED059-4614-43BE-89B1-F39682A61A1A}.eml
Content-Type: multipart/alternative; boundary="----=_Part_20956_1418470399.1692849775193"
Date: Thu, 24 Aug 2023 04:02:55 +0000
Feedback-Id: 1.us-east-1.TQLiVf/rBjClwRiRLqnvdJT2gxVOHcgDf6Da6aS84zo=:AmazonSES
From: Coinbase Bytes <newsletter@mail.coinbase.com>
Message-ID: <0100018a25b5a373-d7752866-3297-489b-8204-9395a0576cfc-000000@email.amazonses.com>
Mime-Version: 1.0
Reply-To: newsletter@mail.coinbase.com
Subject: The crypto selloff, explained
To: Vincent Herbert <vince@showfile.com>

------=_Part_20956_1418470399.1692849775193
Content-Type: text/plain; charset=UTF-8
Content-Transfer-Encoding: quoted-printable

Coinbase BytesWhat=E2=80=99s behind the turbulence? Plus, how to manage a d=
own market.
View in browser=20
<https://links.coinbase.com/e/evib?_t=3D3aca56371967418192255878e9689713&_m=
=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3Djhw2Ret_aWycNvmoHnM4S8RNKOjbmPvnWF=
TI4KrhSksBaCSwE-DqiSEtlu87y7mAQ_IQRJuOxiS9x_B_m9jNKA%3D%3D>
 <https://coinbase.com>
 24/08/2023
 <https://www.coinbase.com>
After a historically calm summer for crypto, volatility returned to markets=
=20
last Thursday prompting a selloff. [Jakie Niam 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:

 * Crypto markets endured a summer selloff. A closer look at what prompted=
=20
last week=E2=80=99s flash crash.
 * 4 tips for navigating crypto down cycles. How to keep your composure whe=
n=20
crypto prices fall.
 * This week in numbers. The seven-figure sum an NFT artist made after his=
=20
debut collection sold out in just two hours, and other key stats to know.




Bitcoin

 =C2=A320,800.39=20

 -7.75%=20
 <https://coinbase.com/price/bitcoin?bytes_title=3Dbitcoin>=20

Ethereum

 =C2=A31,318.21=20

 -6.70%=20
 <https://coinbase.com/price/ethereum?bytes_title=3Dethereum>=20


XRP

 =C2=A30.42=20

 -10.47%=20
 <https://coinbase.com/price/xrp?bytes_title=3Dxrp>=20

Cardano

 =C2=A30.21=20

 -2.76%=20
 <https://coinbase.com/price/cardano?bytes_title=3Dcardano>=20


Dogecoin

 =C2=A30.05=20

 -6.17%=20
 <https://coinbase.com/price/dogecoin?bytes_title=3Ddogecoin>=20

Solana

 =C2=A317.16=20

 -6.39%=20
 <https://coinbase.com/price/solana?bytes_title=3Dsolana>=20


Bitcoin

 =C2=A320,800.39=20

 -7.75%=20
 <https://coinbase.com/price/bitcoin?bytes_title=3Dbitcoin>=20

Ethereum

 =C2=A31,318.21=20

 -6.70%=20
 <https://coinbase.com/price/ethereum?bytes_title=3Dethereum>=20

XRP

 =C2=A30.42=20

 -10.47%=20
 <https://coinbase.com/price/xrp?bytes_title=3Dxrp>=20


Cardano

 =C2=A30.21=20

 -2.76%=20
 <https://coinbase.com/price/cardano?bytes_title=3Dcardano>=20

Dogecoin

 =C2=A30.05=20

 -6.17%=20
 <https://coinbase.com/price/dogecoin?bytes_title=3Ddogecoin>=20

Solana

 =C2=A317.16=20

 -6.39%=20
 <https://coinbase.com/price/solana?bytes_title=3Dsolana>=20
Price changes are for the past week, ending on Aug 24, 2023 at 04:00 AM UTC
See the latest prices <https://www.coinbase.com>



 CRASH COURSE=20

Why crypto markets fell last week after a historically stable summer

For almost the entire summer, crypto markets were uncharacteristically slee=
py=20
=E2=80=94 with bitcoin=E2=80=99s volatility (a measure of how much it swing=
s up and down)
hitting a six-year low=20
<https://blockworks.co/news/bitcoin-low-volatility#:~:text=3DBitcoin%E2%80%=
99s%20realized%20volatility%2C%20meanwhile%2C%20dropped%20to%20a%20six%2Dye=
ar%20low%20during%20July%2C%20%E2%80%9Csuggesting%20the%20potential%20for%2=
0significant%20price%20action%20in%20either%20direction%2C%E2%80%9D%20Ark%2=
0Invest%20wrote%20in%20its%20monthly%20report.>
 in July. That all changed on Thursday, when crypto markets saw their sharp=
est=20
downturn since November =E2=80=94 with nearly 12% of BTC=E2=80=99smarket ca=
p=20
<https://www.coinbase.com/learn/crypto-basics/what-is-market-cap> erased in=
 a=20
single night. While markets have recovered somewhat, prices for a wide rang=
e of=20
cryptocurrencies remain significantly lower than they were a week ago.

Here=E2=80=99s what you need to know about the selloff.

Why did BTC decline so sharply?=20

The largest cryptocurrency by market cap first began dipping early Thursday=
,=20
after Federal Reserve officialssaid=20
<https://www.cnbc.com/2023/08/16/fed-meeting-minutes-signal-coming-rate-mov=
es.html>
 they may need to hike interest rates further, as part of ongoing efforts t=
o=20
tame inflation =E2=80=94 which has included 11 hikes since March 2022.

Later that afternoon, the troubled Chinese property-development giant=20
Evergrandefiled for Chapter 15 bankruptcy=20
<https://www.bloomberg.com/news/articles/2023-08-17/china-evergrande-files-=
chapter-15-bankruptcy-in-new-york?sref=3DaInCMkkj>
 in New York, sparkingfears=20
<https://www.wsj.com/finance/investing/investors-fear-chinas-lehman-moment-=
is-looming-4364855d>
 that failures in the Chinese real-estate sector could spill into other mar=
kets.

As BTC continued to sink, it triggered a chain reaction among big-money=20
holders of leveraged crypto derivatives. Or asForbes put it=20
<https://www.forbes.com/advisor/investing/cryptocurrency/why-is-crypto-down=
-today/>
, =E2=80=9Cas crypto prices fall, options expire unprofitably and futures g=
et=20
liquidated, thereby intensifying the downward pressure on prices.=E2=80=9D =
Morethan $1=20
billion=20
<https://www.theblock.co/post/246149/crypto-traders-liquidations-volatility=
> in=20
crypto futures and options contracts were ultimately liquidated.

Altcoins including DOGE and SHIB also saw steep declines.

As turbulent as the week was for BTC, smaller tokens=20
<https://decrypt.co/153053/this-week-in-coins-flash-crash-bitcoin-ethereum-=
altcoins-down>
 as a group took a bigger hit. XRP, Dogecoin, Polygon, Solana, and Avalanch=
e=20
all saw declines of between 10 and 20 percent on the week.

XRP <https://www.coinbase.com/price/xrp>, which had been boosted=20
<https://decrypt.co/152421/institutional-investors-continue-bet-big-xrp-fol=
lowing-ripple-partial-sec-win>
 by rising institutional investor interest due to positive developments in =
its=20
legal battle with the SEC, fell from $0.59 on Thursday morning to $0.49 tha=
t=20
night.

Shiba Inu <https://www.coinbase.com/price/shiba-inu>, which ended the week=
=20
down around 23%, was impacted both by broader market forces and unique prob=
lems=20
of its own. The rocky rollout of itsmuch-hyped Shibarium network=20
<https://www.coindesk.com/tech/2023/08/17/shib-plunges-9-on-apparent-shibar=
ium-bridge-issues/>
 last week trapped at least $1.7 million of users=E2=80=99 ETH on the new b=
lockchain=20
for more than five hours.

Promising news about ETH futures ETFs helped the second-largest cryptocurre=
ncy=20
bounce back.

Ethereum prices, which had been hovering above $1,800, dropped around 8%=20
during Thursday=E2=80=99s selloff, but clawed part of the way back that eve=
ning after
Bloomberg reported=20
<https://www.bloomberg.com/news/articles/2023-08-17/sec-said-to-be-poised-t=
o-allow-us-debut-of-ether-futures-etfs-eth?sref=3DaInCMkkj>
 that the SEC is likely to approve a number of applications for exchange-tr=
aded=20
funds (ETFs) holding ETH futures contracts by October. Nearly a dozen firms=
=20
have applied, including Volatility Shares, Bitwise, Roundhill, and ProShare=
s.=20
(The SEC has not yet commented on the matter.)

ETH futures ETFs are an indirect way for investors to gain exposure to the=
=20
cryptocurrency via conventional brokerages. Instead of buying ETH directly,=
 the=20
ETFs would buy ETH futures contracts =E2=80=93 essentially bundles of agree=
ments to buy=20
ETH in the future at a specific price.

Similar BTC futures ETFs launched in 2021=20
<https://www.coinbase.com/learn/crypto-basics/what-is-a-bitcoin-futures-etf=
>,=20
and many market watchers hope that the anticipated ETH futures ETF approval=
s=20
will pave the way for more kinds of crypto ETFs in the near future. As you=
=20
might remember, crypto=E2=80=99s latest rally in June wassparked in part by=
 news=20
<https://www.coinbase.com/bytes/archive/bitcoin-rallies-on-wall-streets-cry=
pto-moves>
 that Wall Street giants including BlackRock were pursuing =E2=80=9Cspot=E2=
=80=9D BTC ETFs,=20
which would buy actual bitcoin =E2=80=94 as opposed to bitcoin futures =E2=
=80=94 and sell=20
shares to customers.

By Friday morning, ETH had climbed to nearly $1,700, and outperformed BTC=
=20
<https://www.coindesk.com/markets/2023/08/21/crypto-analysts-split-on-why-e=
ther-outperformed-bitcoin-during-last-weeks-slide/>
 by about 2% during the market slide.

The bottom line=E2=80=A6=20

It=E2=80=99s still unclear if last week=E2=80=99s market selloff was a shor=
t-term blip, or a=20
sign that crypto-market volatility is returning as we roll into autumn. But=
 if=20
you take a longer view, the biggest cryptocurrency remains remarkably stabl=
eby=20
historic standards=20
<https://www.forbes.com/sites/digital-assets/2023/08/20/bitcoins-lowish-vol=
atility-is-good-news-for-crypto/?sh=3D331a9c1e5345>
 =E2=80=94 with many market watchers noting that BTC=E2=80=99s declining vo=
latility has boosted=20
its evolution into a widely popular =E2=80=9Cstore of value=E2=80=9D asset =
class. Oras=20
Bloomberg analyst Mike McGlone tweeted=20
<https://twitter.com/mikemcglone11/status/1368916150218874881>, =E2=80=9CGo=
ld will=20
always have a place in jewelry and coin collections, but most indicators po=
int=20
to an accelerating pace of Bitcoin replacing the metal as a store of value =
in=20
investor portfolios.=E2=80=9D
Learn BTC basics <https://www.coinbase.com/learn/crypto-basics/what-is-bitc=
oin>
 <https://onchainsummer.coinbase.com/>

 KEEP YOUR COOL=20

How to stay calm in a down market

Even though crypto is famously volatile, sudden changes in price can be=20
harrowing =E2=80=94 especially if it=E2=80=99s your first time experiencing=
 a significant=20
selloff. But asveteran traders=20
<https://www.coinbase.com/learn/tips-and-tutorials/expert-tips-ray-tong> wi=
ll=20
tell you, it=E2=80=99s a lot easier to stay calm and make smart moves if yo=
u have a=20
plan. Here are some helpful tips to keep in mind:



 * Keep your emotions out of it. Emotional trading can lead to badly-timed=
=20
trades, like selling when prices are lowest or buying at a peak due toFOMO=
=20
<https://www.coinbase.com/learn/tip-and-tutorials/crypto-slang-guide>.=20
 * Think ahead. Consider your long-term goals. Did you buy with the intenti=
on=20
of selling many years in the future? If so, it=E2=80=99s probably ok to sto=
p refreshing=20
that tab and take a deep breath.
 * Look into dollar-cost averaging. Dollar-cost averaging=20
<https://www.coinbase.com/learn/tips-and-tutorials/dollar-cost-averaging> i=
s a=20
popular strategy for reducing the sting of volatility. It involves buying a=
=20
smaller amount of crypto at regular intervals =E2=80=94 like every week or =
month =E2=80=94 no=20
matter what the market is doing.
 * Trade within your limits. Are you planning to =E2=80=9Cbuy the dip?=E2=
=80=9D Remember: No=20
matter how confident you are about a particular asset, you should never put=
 in=20
more than you can afford to lose.

See more tips=20
<https://www.coinbase.com/learn/tips-and-tutorials/how-to-minimize-your-los=
ses-during-a-falling-market>



 NUMBERS TO KNOW=20

$1 million

Total sales of Beijing-based artist Yue Minjun=E2=80=99s first-ever generat=
ive NFT=20
project=20
<https://news.artnet.com/market/yue-minjun-boundless-laughing-man-nfts-live=
art-2351608>
, which sold out in two hours. The collection, called Boundless, features 9=
99=20
variations of Minjun=E2=80=99s, hyper-stylizedlaughing man=20
<https://www.nytimes.com/2007/11/13/arts/design/13smil.html> self-portraits=
.=20
=E2=80=9DMost people in my world thought it a little crazy to go into the N=
FT space=20
now,=E2=80=9D Minjun said. =E2=80=9CThe market is nowhere near what it was =
=E2=80=94 for me, that=E2=80=99s an=20
opportunity.=E2=80=9D

767,000

Tuesday=E2=80=99s average daily transaction volume=20
<https://www.theblock.co/post/246248/ethereum-layer-2-base-daily-transactio=
ns-flip-optimism-arbitrum>
 onBase <https://base.org/>, the new Ethereum layer-2 network incubated by=
=20
Coinbase. On August 15, Base=E2=80=99s average transaction count briefly ou=
tpaced those=20
of longtime layer-2 networks Optimism and Arbitrum for the first time.

$160,000

Approximate dollar value of the 6.25 BTC block reward that an individual=20
bitcoin miner claimed on Friday after solving block803,821=20
<https://explorer.btc.com/btc/block/803821>. The lucky miner was using mode=
st=20
equipment that one software engineernoted=20
<https://twitter.com/ckpooldev/status/1692697535310446803?ref_src=3Dtwsrc%5=
Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1692697535310446803%7Ctwgr%5E09e56053=
692fff8d80fb39f2b99e854fdde09c79%7Ctwcon%5Es1_&ref_url=3Dhttps%3A%2F%2Fdecr=
ypt.co%2F153150%2Fanother-lucky-solo-miner-nabs-160000-bitcoin-block-reward=
>
 =E2=80=9Cwould only solve a block solo on average once every 7 years.=E2=
=80=9D In Bitcoin=E2=80=99s=20
early years, anyone with a decently powerful PC could feasibly participate =
in=20
mining; these days the industry is powered by vast mining farms full of=20
specialized equipment.

6

Number of additional blockchains that will support USDC, beginning in=20
September. According to a Coinbaseblog post=20
<https://www.coinbase.com/blog/ushering-in-the-next-chapter-for-usdc>, the=
=20
stablecoin will be compatible with 15 blockchains in total =E2=80=9Cto bett=
er serve a=20
growing number of businesses, applications, and developer communities.=E2=
=80=9D


Learn about stablecoins=20
<https://www.coinbase.com/learn/crypto-basics/what-is-a-stablecoin>



 TOKEN TRIVIA=20

What is the Lightning Network?

AA symphonic rock group from the 1970s
BA layer 2 technology that=E2=80=99s making bitcoin payments faster and che=
aper=20
CA digital wallet for sending and receiving money internationally
DA global, decentralized network of computers
Find the answer at the end of the email.
Learn about the Lightning Network=20
<https://www.coinbase.com/learn/crypto-basics/what-is-lightning>



 NOW TRADING ON COINBASE=20

SEI
SEI is the native token of the Sei blockchain network.=20
 <https://www.coinbase.com/price/sei?bytes_new=3Dsei>


Trivia answer

BA layer 2 technology that=E2=80=99s making bitcoin payments faster and che=
aper=20

 <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
 70 Sir John Rogerson=E2=80=99s Quay | Dublin 2 | D02 R296 | Ireland=20
 =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

 CB Payments, Ltd. is authorised by the Financial Conduct Authority under t=
he=20
Electronic Money Regulations 2011 (register number 900635) for the issuing =
of=20
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.


Unsubscribe=20
<https://links.coinbase.com/e/encryptedUnsubscribe?_r=3D3aca563719674181922=
55878e9689713&_s=3Dffad1db4b137445c86f3e5c204b4e05d&_t=3Djhw2Ret_aWycNvmoHn=
M4S8RNKOjbmPvnWFTI4KrhSksBaCSwE-DqiSEtlu87y7mAVRbrg4HBq4gn4f_KewUpgNQBfFZwB=
Q2Et1Ucm_Tebzr4jTXPHJUqtFV0EPFz5JxRy3Qxx_cVI6WVNHyZkOOgmPMqWkFFTFOQjMCF3wcH=
6ZA6trbCtJh6kotBlp6JG-KN>
 from future editions of Coinbase Bytes.

------=_Part_20956_1418470399.1692849775193
Content-Type: text/html; charset=UTF-8
Content-Transfer-Encoding: quoted-printable

<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional //EN" "http://www=
.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"><html xmlns=3D"http://www.w3=
.org/1999/xhtml" xmlns:v=3D"urn:schemas-microsoft-com:vml" xmlns:o=3D"urn:s=
chemas-microsoft-com:office:office"><head><!--[if gte mso 9]><xml><o:Office=
DocumentSettings><o:AllowPNG/><o:PixelsPerInch>96</o:PixelsPerInch></o:Offi=
ceDocumentSettings></xml><![endif]--><meta http-equiv=3D"Content-Type" cont=
ent=3D"text/html; charset=3Dutf-8"><meta name=3D"viewport" content=3D"width=
=3Ddevice-width"><!--[if !mso]><!--><meta http-equiv=3D"X-UA-Compatible" co=
ntent=3D"IE=3Dedge"><!--<![endif]--><title>Coinbase Bytes</title><style id=
=3D"reset-style" type=3D"text/css">body,table,td,tr,p{font-family:Helvetica=
 Neue,Helvetica,Arial,sans-serif}body{margin:0;padding:0}table,td,tr{vertic=
al-align:top;border-collapse:collapse}*{line-height:inherit}a[x-apple-data-=
detectors=3D'true']{color:inherit!important;text-decoration:none!important}=
a{color:#1957f5}</style><style id=3D"media-query" type=3D"text/css">@media(=
max-width:590px){.cta_button{width:100%!important}.block-grid{width:100%!im=
portant;max-width:100%!important}.mobile_hide{min-height:0;max-height:0;max=
-width:0;display:none;overflow:hidden;font-size:0}.desktop_hide{display:blo=
ck!important;max-height:none!important}}</style></head><body style=3D"margi=
n: 0;padding: 0;-webkit-text-size-adjust: 100%;background-color: #FFFFFF;fo=
nt-family: Helvetica Neue, Helvetica, Arial, sans-serif;font-size: 16px;col=
or: #0A0B0D;"><span style=3D"color:transparent;visibility:hidden;display:no=
ne;opacity:0;height:0;width:0;font-size:0;">What=E2=80=99s behind the turbu=
lence? Plus, how to manage a down market.</span><img src=3D"https://links.c=
oinbase.com/e/eo?_t=3D3aca56371967418192255878e9689713&amp;_m=3Dffad1db4b13=
7445c86f3e5c204b4e05d&amp;_e=3Djhw2Ret_aWycNvmoHnM4S8RNKOjbmPvnWFTI4KrhSksB=
aCSwE-DqiSEtlu87y7mAVRbrg4HBq4gn4f_KewUpgNQBfFZwBQ2Et1Ucm_Tebzr4jTXPHJUqtFV=
0EPFz5JxRLzk7JqhvKe6ignxa0WFcefp_IJ4fFTteW9Vm3W1qFcI%3D" style=3D"border:0;=
width:1px;height:1px;border-width:0px!important;display:none!important;line=
-height:0!important;" width=3D"1" height=3D"1"/><div id=3D"root" style=3D"m=
in-width: 320px; background-color: #FFFFFF; width: 100%"><div class=3D"bloc=
k-grid" style=3D"min-width: 320px; max-width: 570px; overflow-wrap: break-w=
ord; word-break: break-word; margin: 0px auto;"><div style=3D"padding: 0px =
10px 10px;"><div style=3D"text-align: right; margin-bottom: 24px;"><a href=
=3D"https://links.coinbase.com/e/evib?_t=3D3aca56371967418192255878e9689713=
&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3Djhw2Ret_aWycNvmoHnM4S8RNKOjbmPv=
nWFTI4KrhSksBaCSwE-DqiSEtlu87y7mAQ_IQRJuOxiS9x_B_m9jNKA%3D%3D" target=3D"_b=
lank" rel=3D"noopener noreferrer" style=3D"color: rgb(91, 97, 110); text-de=
coration: none; line-height: 1.5; font-size: 12px;">View in browser</a></di=
v><div style=3D"margin-bottom: 20px;"><table style=3D"width: 100%;"><tbody>=
<tr><td style=3D"text-align: left; vertical-align: middle;"><a href=3D"http=
s://links.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3Df=
fad1db4b137445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VfVaFEG21nOiGDkcjD=
gWLjjwYIPDA8Tj7LqzHKRRo7q_KhzlMEJkHFcS7s82R-rwlrJT3RG_ybLrQBQnR2gnOYXk-7wzf=
-zYdxs5UpxsgYP7liHQw1m-YaEtvF_SJNUhDj3Vbg8fqk1KJIFMDT_EEi1cb6iaHtX0C1t1d7Ez=
_wgkMEK85oD-yrQxtaqPC-X_I3hEJhf8fafpjwJAtMwUmmTMjZS-w8iIUr5Q7DR-aMuSzoEjTM_=
RCVwCGn5KIqs-gzLf1E04H2ddiOGV9f8uagZEcdb02_1MR9Pe7B-z-d-t" title=3D"Coinbas=
e Bytes" target=3D"_blank" rel=3D"noopener noreferrer"><img src=3D"https://=
d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-b=
d7e-c542cff6dd6a/3aca56371967418192255878e9689713/cbytes-4x.png" height=3D"=
36" style=3D"display: block; height: 36px;"></a></td><td style=3D"text-alig=
n: right;"><p style=3D"font-size: 20px; color: rgb(10, 11, 1); margin: 10px=
 0px 0px;"> 24/08/2023</p></td></tr></tbody></table></div><a href=3D"https:=
//links.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3Dffa=
d1db4b137445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VYu8ctbDIFw00mlFU5sH=
wSGjxnb-Hr8nA5QldfSMWo05URTV5nAKDgT0O8kw-BbChWN7f0n_bo7xjHnFSWBWBYxs86S9ecH=
HR_S-nNZq7qyrbXaca7c5D2YE2Yx_Z8-kO-VLHS6yxD8tiB3ikVSoBZPgcb-C9jsl1zzGwgDJE3=
Bw46fNeaddZ0aXEDZ8zLo7LPo3PZ80WcNjeR6IMPrgnd_k2zH2gdP4GeiYWmAUE-t9KgGaWnK-w=
kSc4ISabInTKulIRyQlZh2YqfFRLQfzeS74kN1Tw8fVh8TN4CwZoaxz" target=3D"_blank" =
rel=3D"noopener noreferrer"><img src=3D"https://images.ctfassets.net/q5ulk4=
bp65r7/63CHFJmBztBb7Od6O8S3lh/7418900cfb51fe10a5c2d2c54a88d0c2/image1.jpg" =
width=3D"100%" style=3D"display: block; width: 100%;"></a><p style=3D"margi=
n: 16px 0px 0px; line-height: 1.5; word-break: break-word; font-size: 12px;=
 color: rgb(91, 97, 110);">After a historically calm summer for crypto, vol=
atility returned to markets last Thursday prompting a selloff. [Jakie Niam =
via Getty Images]</p><p style=3D"margin: 48px 0px 16px; font-size: 32px; li=
ne-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 blo=
ckchain. Here=E2=80=99s what you need to know this week:</p><!--[if mso]><u=
l style=3D"line-height:1.6;mso-line-height-alt:26px;"><![endif]--><!--[if !=
mso]><!-- --><ul style=3D"margin: 10px 0px; padding-left: 24px; line-height=
: 1.6;"><!--<![endif]--><li style=3D"margin: 0px; padding: 6px 0px;"><stron=
g>Crypto markets endured a summer selloff. </strong>A closer look at what p=
rompted last week=E2=80=99s flash crash.</li><li style=3D"margin: 0px; padd=
ing: 6px 0px;"><strong>4 tips for navigating crypto down cycles. </strong>H=
ow to keep your composure when crypto prices fall.</li><li style=3D"margin:=
 0px; padding: 6px 0px;"><strong>This week in numbers. </strong>The seven-f=
igure sum an NFT artist made after his debut collection sold out in just tw=
o hours, and other key stats to know.</li></ul><p style=3D"margin: 0px; pad=
ding: 0px;"></p><!--[if !mso]><!--> <div class=3D"desktop_hide" style=3D"ms=
o-hide:all;display:none;max-height:0;overflow:hidden;"> <table style=3D"wid=
th:100%;table-layout:fixed;margin:0;"> <tbody> <tr> <td style=3D"padding-to=
p:40px;"> <a href=3D"https://comm.coinbase.com/CL0/https:%2F%2Flinks.coinba=
se.com%2Fa%2Fclick%3F_t=3D3aca56371967418192255878e9689713%26_m=3Dffad1db4b=
137445c86f3e5c204b4e05d%26_e=3DdL8b7dAGxRrg-2FGh593VVisafTavenkUldVhyeL2q4G=
I9gILn31uwOY6Sh77OrUDnKNtCleOMUIf9hbHJgyjdT0EGw5-R2jLXxu2lb1G4npN9kbAm_46R9=
nvgEUGaL1p7FXXkhOqkEVrAPAamZEaER1CO4rXFGaETOXMy4f4uq9zuwo1niKWN1yX24fSHM0yk=
bf9TlYMqSLkNtLYO93VeIeFLckIDOiUk_W_1T1eMugqa7vHuYgI4-GJreUt-iaCk4mldum_d-Wf=
4gEcaRV6gxBXDA4PRT93bKptc8VkME44W5DQcXeYIf8V4k3wwg0Ejxog0PaScdxkvndzfPJBQFj=
-g0162GYNfWWkp2IIio%253D/1/0100018a25b5a373-d7752866-3297-489b-8204-9395a05=
76cfc-000000/HDZvVLrULi3BnInZWV3MrthAwg_pvOmoWaCQlFrqFf4=3D315" 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://d15k2d11r6=
t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cf=
f6dd6a/3aca56371967418192255878e9689713/down-arrow.png" style=3D"height:12p=
x;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" height=3D"12" widt=
h=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"margi=
n:0;"><strong>Bitcoin</strong></p> <p style=3D"margin:8px 0px;"> =C2=A320,8=
00.39 </p> <p style=3D"margin:0;font-size:12px;"> -7.75% </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.coinbase.com%2Fa%2Fclic=
k%3F_t=3D3aca56371967418192255878e9689713%26_m=3Dffad1db4b137445c86f3e5c204=
b4e05d%26_e=3DdL8b7dAGxRrg-2FGh593VVisafTavenkUldVhyeL2q4WXPDqx2MoEXDjT5E0f=
OKr-MPlMcc3LTz0aLYmQU6iXB4oGubAZIQV9u7S7LIONBECKdk-tiRue5yTTvf0jIKy5kzIpgjz=
C99n8avLpbgKHST56OQHBih6vOuMCkhKv9YMiZIvhCliej0lvFTFOCyRRF9u2bo-2sJ19hvmUvu=
G8cDLm5dhXflKF_zhoq2zqqJJcsfLAZnIKc7bg_9Fl1wLMzifzNpOrCwQ3xcDEaIiYpfasj8D3o=
uYwl3E-BObOWEhV6203UxfmNs_ZlU9pZnFNeazVkQ1yRMW1Jr1CyTHfr3y33AX1HCkVyzGpthR5=
1w%253D/1/0100018a25b5a373-d7752866-3297-489b-8204-9395a0576cfc-000000/bbCg=
CUQcOMNYETCOR3IAHRZKuK_arIE0nwIBZKQoaS8=3D315" target=3D"_blank" style=3D"t=
ext-decoration:none;color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"padd=
ing:0;vertical-align:top;"> <img src=3D"https://d15k2d11r6t6rl.cloudfront.n=
et/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca563719=
67418192255878e9689713/down-arrow.png" style=3D"height:12px;width:12px;marg=
in: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;"><strong>Eth=
ereum</strong></p> <p style=3D"margin:8px 0px;"> =C2=A31,318.21 </p> <p sty=
le=3D"margin:0;font-size:12px;"> -6.70% </p> </div> </td> </tr> </tbody> </=
table> </a> </td> </tr> <tr> <td style=3D"padding-top:20px;"> <a href=3D"ht=
tps://comm.coinbase.com/CL0/https:%2F%2Flinks.coinbase.com%2Fa%2Fclick%3F_t=
=3D3aca56371967418192255878e9689713%26_m=3Dffad1db4b137445c86f3e5c204b4e05d=
%26_e=3DdL8b7dAGxRrg-2FGh593VVisafTavenkUldVhyeL2q6JY5u6utExmedDAYMne_H3gYF=
ty-zgXjOWRGZNUZ-pFM37dYIHzn2Rb9dwha7ivXBTxRJ_V3CdcVIehrjv_xh-dx8poTcExr0rbH=
3jtx1BGXeWSKH_XFtTb1TZcY1gqxa89gTdJ7QsfXI0IgLsPND_xsZkPbIyKHQc39gwbdiXOn1rS=
bMPBCzaW7a86mnYBKRi4YiRj7ePQDb5E2cRrXVdiv3VJ1IIYQA7sAY94nWQMJatnFPXqMcfNWvp=
QI3zivn2cKxY91y9J0X2xywbS6eGHclkQ5iMI-7fkd2wsm4ciNbUc1Gn-hj2Pfs2KrwaZfE%253=
D/1/0100018a25b5a373-d7752866-3297-489b-8204-9395a0576cfc-000000/0xDKiSZ5NI=
vjzLuaZaAurFKiPbVNp9P3sMvs96jo_yo=3D315" target=3D"_blank" style=3D"text-de=
coration:none;color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"padding:0;=
vertical-align:top;"> <img src=3D"https://d15k2d11r6t6rl.cloudfront.net/pub=
lic/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca563719674181=
92255878e9689713/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 st=
yle=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>XRP</stro=
ng></p> <p style=3D"margin:8px 0px;"> =C2=A30.42 </p> <p style=3D"margin:0;=
font-size:12px;"> -10.47% </p> </div> </td> </tr> </tbody> </table> </a> </=
td> <td style=3D"padding-top:20px;"> <a href=3D"https://comm.coinbase.com/C=
L0/https:%2F%2Flinks.coinbase.com%2Fa%2Fclick%3F_t=3D3aca563719674181922558=
78e9689713%26_m=3Dffad1db4b137445c86f3e5c204b4e05d%26_e=3DdL8b7dAGxRrg-2FGh=
593VVisafTavenkUldVhyeL2q4eTjeRelwGhohE2JjZuxdpQU_4xWko8Wbec0lSIP4zD3Ipd3R-=
KMNMCoVAm1tM33-7l08hlYWi2abycNsz4xQiLxY1fTN0Vt04SJ2qQ3E2FJnXFiJI6oU2vZ8kZiK=
yRnFUB0c9nChh-RC4SVdjgKTNPTwv0GycVOECIq5Zjy-QDcHjP5nuK9eGNAruSla9C2ahnbVpu_=
7998LiRXKwHnfOPtcfd5TUt8r4UZAhgpCRLRgfvHga1vydtXH86zpBD3uJzX_2MF3UNAv9HDXDw=
dq8vMcaQYY4IEAsWWzLfN7I6q7av0Hy88122ZQvHsqymnk%253D/1/0100018a25b5a373-d775=
2866-3297-489b-8204-9395a0576cfc-000000/NCogouIv00mvy0PzMXPWYlz--iMj7QnqJ1U=
uziOuEaI=3D315" target=3D"_blank" style=3D"text-decoration:none;color:#0A0B=
0D;"> <table> <tbody> <tr> <td style=3D"padding:0;vertical-align:top;"> <im=
g src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669=
d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/down-arr=
ow.png" style=3D"height:12px;width:12px;margin:2px 0px 0px 0px;vertical-ali=
gn: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-he=
ight:1;"> <p style=3D"margin:0;"><strong>Cardano</strong></p> <p style=3D"m=
argin:8px 0px;"> =C2=A30.21 </p> <p style=3D"margin:0;font-size:12px;"> -2.=
76% </p> </div> </td> </tr> </tbody> </table> </a> </td> </tr> <tr> <td sty=
le=3D"padding-top:20px;"> <a href=3D"https://comm.coinbase.com/CL0/https:%2=
F%2Flinks.coinbase.com%2Fa%2Fclick%3F_t=3D3aca56371967418192255878e9689713%=
26_m=3Dffad1db4b137445c86f3e5c204b4e05d%26_e=3DdL8b7dAGxRrg-2FGh593VVisafTa=
venkUldVhyeL2q6vx6sORUCvNc-Mkrk400XQjWVybU89d_UtcBpnOkBvce_iLJV9fP6_LMbWCVQ=
vwLzczvmcXGYAZGp0FfPFoz1Xn6kc8ugdqFe7qcK7aEtPG-zsiXBx5QPrvPcYA2T4w8HsYRCm54=
X6gzFJCpKGaSy6AphBWbBOhSMie8fhJxTF6lEhuHEuuy8mC4xbw0ZFqe3Latmw-SzQmVOOop9e4=
Slqp_wiURM3VutSQ-0tJKY7v_XjfxVBD2sQiea1jJzmdJemWySNUDCvt3yRj5cSa65fjb5IYcxi=
nzqgtp54t2wBah64wOw4-i5HA0PLo8_S5eY%253D/1/0100018a25b5a373-d7752866-3297-4=
89b-8204-9395a0576cfc-000000/VaJCF-FFHVLNuDD7c4XL4ubnP-kNZATTtPVEbTbNmI0=3D=
315" target=3D"_blank" style=3D"text-decoration:none;color:#0A0B0D;"> <tabl=
e> <tbody> <tr> <td style=3D"padding:0;vertical-align:top;"> <img src=3D"ht=
tps://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-=
46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/down-arrow.png" sty=
le=3D"height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" he=
ight=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>Dogecoin</strong></p> <p style=3D"margin:8px =
0px;"> =C2=A30.05 </p> <p style=3D"margin:0;font-size:12px;"> -6.17% </p> <=
/div> </td> </tr> </tbody> </table> </a> </td> <td style=3D"padding-top:20p=
x;"> <a href=3D"https://comm.coinbase.com/CL0/https:%2F%2Flinks.coinbase.co=
m%2Fa%2Fclick%3F_t=3D3aca56371967418192255878e9689713%26_m=3Dffad1db4b13744=
5c86f3e5c204b4e05d%26_e=3DdL8b7dAGxRrg-2FGh593VVisafTavenkUldVhyeL2q4iiyPwq=
ippU9s3PV_HX5nN50tJpWsDkE2AKImVI063jXy9d5YGK5XtqafNLQ7wNe-qoZ7ny2RnMitdmbv3=
AdE670m0X0WYvJb117Nut0-t_YnTwMrOEpfHh2WNxbGwveFDuXLlZjWm_SmHh0Em1DsY4J5CC70=
QD7kGtnsTVMr09zxF946qzusBGdres3VJTXIwudc0rW_9eKM6PnsCXNiR5WL7cI0FBAcF794VRJ=
KUrnAWee-u9im5uJnunCNdO_KmX35gtZCcsgw1JtQuitmoKMdA4-wWpITzn7JLJfhEwjR_2VURL=
eVpMKfWnrUgv4A%253D/1/0100018a25b5a373-d7752866-3297-489b-8204-9395a0576cfc=
-000000/XdDCypF0ePWOmjVo8GajaZxgF7oV6Ijwqp-U4Cj9oUk=3D315" target=3D"_blank=
" style=3D"text-decoration:none;color:#0A0B0D;"> <table> <tbody> <tr> <td s=
tyle=3D"padding:0;vertical-align:top;"> <img src=3D"https://d15k2d11r6t6rl.=
cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6=
a/3aca56371967418192255878e9689713/down-arrow.png" style=3D"height:12px;wid=
th: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;"=
><strong>Solana</strong></p> <p style=3D"margin:8px 0px;"> =C2=A317.16 </p>=
 <p style=3D"margin:0;font-size:12px;"> -6.39% </p> </div> </td> </tr> </tb=
ody> </table> </a> </td> </tr> </tbody> </table> </div> <!--<![endif]--> <d=
iv class=3D"mobile_hide"> <table style=3D"width:100%;table-layout:fixed;mar=
gin:0;"> <tbody> <tr> <td style=3D"padding-top:40px;"> <a href=3D"https://c=
omm.coinbase.com/CL0/https:%2F%2Flinks.coinbase.com%2Fa%2Fclick%3F_t=3D3aca=
56371967418192255878e9689713%26_m=3Dffad1db4b137445c86f3e5c204b4e05d%26_e=
=3DdL8b7dAGxRrg-2FGh593VVisafTavenkUldVhyeL2q4GI9gILn31uwOY6Sh77OrUDnKNtCle=
OMUIf9hbHJgyjdT0EGw5-R2jLXxu2lb1G4npN9kbAm_46R9nvgEUGaL1p7FXXkhOqkEVrAPAamZ=
EaER1CO4rXFGaETOXMy4f4urntOmUS4UaCB6079LzZhBx360YC8J34944vy4OquFGLod5ae4jea=
J9A5Lh7A-C5p0NIv5o5rgtuyFvYBw4kbLmdjKfouInLaN2gBhExlN32rsYx4CCzWTU-eik9aWEK=
7-CDbCGqkRF-ejqF1UQNbGFiJtDGqhC7K6hT0s6bbP3tJ13lJOwWBc9sVGK12gm2J4%253D/1/0=
100018a25b5a373-d7752866-3297-489b-8204-9395a0576cfc-000000/hH7Bh-J98TEF6v-=
SLz0BZ0blL-DacrzUGrr6zn73ngE=3D315" target=3D"_blank" style=3D"text-decorat=
ion:none;color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"padding:0;verti=
cal-align:top;"> <img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/u=
sers/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255=
878e9689713/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:0p=
x 0px 0px 10px;line-height:1;"> <p style=3D"margin:0;"><strong>Bitcoin</str=
ong></p> <p style=3D"margin:8px 0px;"> =C2=A320,800.39 </p> <p style=3D"mar=
gin:0;font-size:12px;"> -7.75% </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.coinbase.com%2Fa%2Fclick%3F_t=3D3aca5637196741819=
2255878e9689713%26_m=3Dffad1db4b137445c86f3e5c204b4e05d%26_e=3DdL8b7dAGxRrg=
-2FGh593VVisafTavenkUldVhyeL2q4WXPDqx2MoEXDjT5E0fOKr-MPlMcc3LTz0aLYmQU6iXB4=
oGubAZIQV9u7S7LIONBECKdk-tiRue5yTTvf0jIKy5kzIpgjzC99n8avLpbgKHST56OQHBih6vO=
uMCkhKv9YMiZIvhCliej0lvFTFOCyRrT2WXcZyQsInu4Unb7BiyAj575NZ3fz-S0SN_a3mXqFTc=
UoIMe76oKMbmJkCI5rLjR8R5XaoaEuk-ubnaqUIarvyHM8EAf2lGIiHPhw763zUuFhw_jn1p3EH=
SNVZ7UwPLtoR6-CE40MfUEBK0Qfnk2cYkodsK1c60DDIQ1hJznk%253D/1/0100018a25b5a373=
-d7752866-3297-489b-8204-9395a0576cfc-000000/rsIN1et7166uwfsOFvPnf1zUlCHXjk=
ZeK-QZoy4obLI=3D315" 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/Integrator=
s/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/dow=
n-arrow.png" style=3D"height:12px;width:12px;margin:2px 0px 0px 0px;vertica=
l-align:top;" height=3D"12" width=3D"12"/> </td> <td style=3D"padding:0;ver=
tical-align:top;"> <div style=3D"text-align:left;margin:0px 0px 0px 10px;li=
ne-height:1;"> <p style=3D"margin:0;"><strong>Ethereum</strong></p> <p styl=
e=3D"margin:8px 0px;"> =C2=A31,318.21 </p> <p style=3D"margin:0;font-size:1=
2px;"> -6.70% </p> </div> </td> </tr> </tbody> </table> </a> </td> <td styl=
e=3D"padding-top:40px;"> <a href=3D"https://comm.coinbase.com/CL0/https:%2F=
%2Flinks.coinbase.com%2Fa%2Fclick%3F_t=3D3aca56371967418192255878e9689713%2=
6_m=3Dffad1db4b137445c86f3e5c204b4e05d%26_e=3DdL8b7dAGxRrg-2FGh593VVisafTav=
enkUldVhyeL2q6JY5u6utExmedDAYMne_H3gYFty-zgXjOWRGZNUZ-pFM37dYIHzn2Rb9dwha7i=
vXBTxRJ_V3CdcVIehrjv_xh-dx8poTcExr0rbH3jtx1BGXeWSKH_XFtTb1TZcY1gqxbRPbUwaLL=
SBV0fHQNYHpMpSncPi8PBMADOfM2FXZfo3rNZPHs9TX2SJ2Xd7gx5bvMbIdp1OOhz6Z5OV1Duyr=
RINMsuqTecLCb-8UvjR4csMKzqjiRq4tYTIbtOnMstrbJX47q4xmKDYgDg3k2uP-jMVQrotG439=
nNJUEf8gFbCnxuLmEMFCMAwYU4uhN7ntzI%253D/1/0100018a25b5a373-d7752866-3297-48=
9b-8204-9395a0576cfc-000000/jCoLUYy8itOeCQQ7W6qB8XCmGXrLA9wv9WV2EUPVqfU=3D3=
15" target=3D"_blank" style=3D"text-decoration:none;color:#0A0B0D;"> <table=
> <tbody> <tr> <td style=3D"padding:0;vertical-align:top;"> <img src=3D"htt=
ps://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-4=
6bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/down-arrow.png" styl=
e=3D"height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" hei=
ght=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>XRP</strong></p> <p style=3D"margin:8px 0px;">=
 =C2=A30.42 </p> <p style=3D"margin:0;font-size:12px;"> -10.47% </p> </div>=
 </td> </tr> </tbody> </table> </a> </td> </tr> <tr> <td style=3D"padding-t=
op:20px;"> <a href=3D"https://comm.coinbase.com/CL0/https:%2F%2Flinks.coinb=
ase.com%2Fa%2Fclick%3F_t=3D3aca56371967418192255878e9689713%26_m=3Dffad1db4=
b137445c86f3e5c204b4e05d%26_e=3DdL8b7dAGxRrg-2FGh593VVisafTavenkUldVhyeL2q4=
eTjeRelwGhohE2JjZuxdpQU_4xWko8Wbec0lSIP4zD3Ipd3R-KMNMCoVAm1tM33-7l08hlYWi2a=
bycNsz4xQiLxY1fTN0Vt04SJ2qQ3E2FJnXFiJI6oU2vZ8kZiKyRnEaEOFCAWKZDdlz_90bdrX_k=
nz8K7WlI5OSRzNIANNFJkdK8mduF61sfWFE3hQ6KfxLOJMAlePzF2dNq-f2L2st3lOqCqp_KO0J=
0EgQinZwMD2DaHg1madQfWpVMSbDHKuNDk8kITJP3aaulsmpdNxDTd-ReOIJcG0Y4htuBCGmHwJ=
BeesqQ5tOuNVrv-or4do%253D/1/0100018a25b5a373-d7752866-3297-489b-8204-9395a0=
576cfc-000000/qlwS-nv1wpUH5Q3-SikPeBpc2DK3mPglC2m1n8DRyOs=3D315" 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://d15k2d11r=
6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542c=
ff6dd6a/3aca56371967418192255878e9689713/down-arrow.png" style=3D"height:12=
px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" height=3D"12" wid=
th=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>Cardano</strong></p> <p style=3D"margin:8px 0px;"> =C2=A30=
.21 </p> <p style=3D"margin:0;font-size:12px;"> -2.76% </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%2Fclic=
k%3F_t=3D3aca56371967418192255878e9689713%26_m=3Dffad1db4b137445c86f3e5c204=
b4e05d%26_e=3DdL8b7dAGxRrg-2FGh593VVisafTavenkUldVhyeL2q6vx6sORUCvNc-Mkrk40=
0XQjWVybU89d_UtcBpnOkBvce_iLJV9fP6_LMbWCVQvwLzczvmcXGYAZGp0FfPFoz1Xn6kc8ugd=
qFe7qcK7aEtPG-zsiXBx5QPrvPcYA2T4w8HsYRCm54X6gzFJCpKGaSy6WmEFl0PqSIgdC_9B17i=
8wRqxB2RX6vHjbwqBR-f1YznwmmjKHS6XoU6EGaMQIkC-3haubN4WtP5UdWqidSyWA5NyZ103pn=
ZY3DA3jDXBMsu-P5OUAlRtJftNkrPBB6yzIUdmHBNziq3GsF1n6wTv1Pvs6zjd9xfzGFSdFJdCF=
Wk%253D/1/0100018a25b5a373-d7752866-3297-489b-8204-9395a0576cfc-000000/7C_y=
x9ViytfblIwVjJblibeixN_FTsre7KMPKYOI8v4=3D315" target=3D"_blank" style=3D"t=
ext-decoration:none;color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"padd=
ing:0;vertical-align:top;"> <img src=3D"https://d15k2d11r6t6rl.cloudfront.n=
et/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca563719=
67418192255878e9689713/down-arrow.png" style=3D"height:12px;width:12px;marg=
in: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;"><strong>Dog=
ecoin</strong></p> <p style=3D"margin:8px 0px;"> =C2=A30.05 </p> <p style=
=3D"margin:0;font-size:12px;"> -6.17% </p> </div> </td> </tr> </tbody> </ta=
ble> </a> </td> <td style=3D"padding-top:20px;"> <a href=3D"https://comm.co=
inbase.com/CL0/https:%2F%2Flinks.coinbase.com%2Fa%2Fclick%3F_t=3D3aca563719=
67418192255878e9689713%26_m=3Dffad1db4b137445c86f3e5c204b4e05d%26_e=3DdL8b7=
dAGxRrg-2FGh593VVisafTavenkUldVhyeL2q4iiyPwqippU9s3PV_HX5nN50tJpWsDkE2AKImV=
I063jXy9d5YGK5XtqafNLQ7wNe-qoZ7ny2RnMitdmbv3AdE670m0X0WYvJb117Nut0-t_YnTwMr=
OEpfHh2WNxbGwveGOO8axXhOK0RFOkaUlMH1hnL83w55THxeeHbUwWbQA4LoyaQFuFk8_2kIeIC=
TiTw6FSs2dxqGovM28k0Gs6IbmBwQzGV7h2I-Of8BwT9RGbPhciPVhGti393RCosVVjyCxODy_M=
49bDtsFJrz3JE3ik1d5_f2jU__PB4mKRifo4gLVPKUgkOGWzsAFky7JbXE%253D/1/0100018a2=
5b5a373-d7752866-3297-489b-8204-9395a0576cfc-000000/NqOB9pIJgqSUt39UdXeQ9ji=
3r4D8Yiq48JNPQjevZ_A=3D315" target=3D"_blank" style=3D"text-decoration:none=
;color:#0A0B0D;"> <table> <tbody> <tr> <td style=3D"padding:0;vertical-alig=
n:top;"> <img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Int=
egrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689=
713/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"paddin=
g:0;vertical-align: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=A317.16 </p> <p style=3D"margin:0;font-size=
:12px;"> -6.39% </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: break-word; color: rgb(91, 97, 110); font-size: 12px;">Price c=
hanges are for the past week, ending on Aug 24, 2023 at 04:00 AM UTC</p><di=
v 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"le=
ft"> <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.coinb=
ase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3Dffad1db4b137445c=
86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VYu8ctbDIFw00mlFU5sHwSGjxnb-Hr8nA=
5QldfSMWo05URTV5nAKDgT0O8kw-BbChWN7f0n_bo7xjHnFSWBWBYxs86S9ecHHR_S-nNZq7qyr=
bXaca7c5D2YE2Yx_Z8-kOwhw-2vvcN6uiZDAi3pu9a-31x_28ScDl7P5L5j6OHzkItAawgTUQfl=
akXi09eSWlTQ8je9ybVN6ov3keyrzRc0nf5YC05OXAtFAbcvCcFF9mbKcTrBdjnQISyRGuYpc9Y=
iEefQm8SG2Ok-cCTf8LX5EPUE6NopAMRUmFKxubHXy" style=3D"width:350pt;v-text-anc=
hor:middle;" arcsize=3D"17%" stroke=3D"false" fillcolor=3D"#0052ff"> <w:anc=
horlock/><v:textbox inset=3D"0,0,0,0"><center style=3D"font-family: Helveti=
ca Neue, Helvetica, Arial, sans-serif;"><![endif]--><a href=3D"https://link=
s.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3Dffad1db4b=
137445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VYu8ctbDIFw00mlFU5sHwSGjxn=
b-Hr8nA5QldfSMWo05URTV5nAKDgT0O8kw-BbChWN7f0n_bo7xjHnFSWBWBYxs86S9ecHHR_S-n=
NZq7qyrbXaca7c5D2YE2Yx_Z8-kO8TlAsBf47Uhd-lkS3P6DnRiyp4Gs3ONIQgevi5OtNa23MdM=
c53otVGp7teJ-Hco3lI-0GMxkTfKu4lw6gl0QakOHBVcVdwXpAUsuQUGQJ2v6uUqD-kqKwdxG_R=
SXU8q1iivjLhyE88z3I9mU1jT6RQwUGL4Y7rCbpDc1gg7eUZK" 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, 255, 255); backg=
round-color: rgb(0, 82, 255); border-radius: 30px; text-align: center; padd=
ing: 18px 0px;"><strong>See the latest prices</strong></a><!--[if mso]></ce=
nter></v:textbox></v:roundrect></td></tr></table><![endif]--></div><table w=
idth=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 va=
lign=3D"top" style=3D"word-break: break-word; vertical-align: top; min-widt=
h: 100%; text-size-adjust: 100%; padding: 48px 0px;"><table border=3D"0" ce=
llpadding=3D"0" cellspacing=3D"0" width=3D"100%" align=3D"center" role=3D"p=
resentation" style=3D"table-layout: fixed; vertical-align: top; border-spac=
ing: 0px; border-collapse: collapse; border-top: 2px solid rgb(222, 224, 22=
6); width: 100%;"><tbody><tr style=3D"vertical-align: top;"><td valign=3D"t=
op" style=3D"word-break: break-word; vertical-align: top; text-size-adjust:=
 100%;"><span></span></td></tr></tbody></table></td></tr></tbody></table><d=
iv><table style=3D"margin: 0px; padding: 0px;"><tbody><tr><td style=3D"marg=
in: 0px; padding-right: 11px; vertical-align: middle;"><img src=3D"https://=
d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-b=
d7e-c542cff6dd6a/3aca56371967418192255878e9689713/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; letter-spacing: 0.075em;"><strong> CRASH COU=
RSE </strong></p></td></tr></tbody></table><p style=3D"margin: 5px 0px 0px;=
 font-size: 32px; line-height: 1.26; word-break: break-word;"><strong>Why c=
rypto markets fell last week after a historically stable summer</strong></p=
></div><p style=3D"margin: 16px 0px 0px; line-height: 1.6; word-break: brea=
k-word;">For almost the entire summer, crypto markets were uncharacteristic=
ally sleepy =E2=80=94 with bitcoin=E2=80=99s volatility (a measure of how m=
uch it swings up and down) <a href=3D"https://links.coinbase.com/u/click?_t=
=3D3aca56371967418192255878e9689713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_=
e=3DdL8b7dAGxRrg-2FGh593VbAo3CqW5eBatxHeHZX0Szx_iqlXGsSlfeXHRoK-pfv6KmI6o8n=
GRkKVAAzYPpBzHM8aGfe-TmN9dLNIlVNPgOMRtGZ_zTVcrru_1cUOzdMB06WMTYzPUVAd7yERof=
zmmwzCYXdbispoaVQfcxtd2XwE_crNkByPH02M1DSEMZpl3MrBkKIqc9yR6VKJO6BbE3Urpm8m2=
P5YKPX_SBXq50Aisjg7wXqulaY0XdCBBA-UhRTuVcKJ62xCjne36R-T_RyhbfNPW8ntXFR_J0Hf=
20zCWX8sj0LpRRD6XhMPG3ZsJb58ok0kSM2GuFA7HWwJm3mCT8xp8aMlUth9-bpMqpLGEAdUTE8=
MMOxde8YykhRfy4qGn08tIIx2RmRtZD5t-t9AKQq4yF8UYRgjZ_cnvCr9gjE9uYVrmEpHO3GRDf=
hS83X8HYKG95fXYtJqxkWWr1JtFhF6U2PBNhTX3a_JrruTwtTume6Hct-GWEXH1sJWV31FbyRYL=
-eAko8ZYDhnFltwhXKQrWcCLIAb8vBHm4TehUrW2pcq_GN9Z9ZiOUFthCt9KRMIIdR6gzXnpVNZ=
u0uhB6fKsNfrqWnojWBar6jR2XhHeDWH8D8PVPSdwXlOJIBkMjgdmkm9r4Td3BgZspK8LFMHswR=
Xs8Y6gM5A0VuvpZtFnSwKd-u0dXubLC9eyU6l7PoriCpud0h8fUzDvssW3Nj0uzgcMCdGX-W8qW=
0%3D" target=3D"_blank" rel=3D"noopener noreferrer">hitting a six-year low<=
/a> in July. That all changed on Thursday, when crypto markets saw their sh=
arpest downturn since November&nbsp;=E2=80=94 with nearly 12% of BTC=E2=80=
=99s <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca563719674181922=
55878e9689713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh5=
93VYu8ctbDIFw00mlFU5sHwSGOGxggsQv3Twym9STFpGtdFxGM49cM7fAj9QY3L7POfvhfCBIk8=
SWjbpKbzOSg1gPMzrGhI-j0u3ljLBHNbLtOoVQ4MAd9IVuRvtCdDqYiLNUy0jQXITcbLXx9acZk=
un3qZrBBhfOWJ3mRKLICq2mjoLlI3NO8fVzYOf4WEmjZexqD_Cc79t-TJsfVXjEBy4kcvuWnOuX=
_B-FTNTkPEUle6tWm1eCvdQLe_8lWdb-V0_a3LbvZTJShSfbz7dxEegnP0dBauJkAbbB4hQCv7r=
bZYhsxOVWG2AkqrrFMxLsvN3h6LdD0TW8OmA02VwGlbjIFphs8Q3NQrP-y0NVjmf-y" target=
=3D"_blank" rel=3D"noopener noreferrer">market cap</a> erased in a single n=
ight. While markets have recovered somewhat, prices for a wide range of cry=
ptocurrencies remain significantly lower than they were a week ago.</p><p s=
tyle=3D"margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">He=
re=E2=80=99s what you need to know about the selloff.</p><p style=3D"margin=
: 16px 0px 0px; line-height: 1.6; word-break: break-word;"><strong>Why did =
BTC decline so sharply?&nbsp;</strong></p><p style=3D"margin: 16px 0px 0px;=
 line-height: 1.6; word-break: break-word;">The largest cryptocurrency by m=
arket cap first began dipping early Thursday, after Federal Reserve officia=
ls <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255=
878e9689713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593=
VYSBXPeHAjkKUFrMbAyr9CRvP7iOShL5UvsxvmXCxWB8n9h-AxUrABAWQOxdCng0NP98IyCaHe8=
12w_n03aONVyF5ShZ6OLkukj2mp_2uXBJHcJGNuJ7bVxZ2IhUbKwBK0dZCl-4VeG2Bw66H3Wnqc=
n_HYztMAUe2fd1pzFPeavxMgkSLAWu6dMQDcShSmdIh22Nhvcmz3jrztOYXa8GHC22LE_bZVSv7=
oF-FGKKCOq3d5TceUEBznkwr-SIvDXPbSOKcuHA82PhJ8g8TBVLhXUq-d8STaB28CYe22qWfCmm=
JAC3MEo3tTyQhozfJ5q2soGggezu_43BXxUZ-RAUfsgNbtz-aZQjbl8Md1aMtvtAHWJzWpGmy4W=
KiEChNKjtBw%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">said</a> t=
hey may need to hike interest rates further, as part of ongoing efforts to =
tame inflation =E2=80=94&nbsp;which has included 11 hikes since March 2022.=
</p><p style=3D"margin: 16px 0px 0px; line-height: 1.6; word-break: break-w=
ord;">Later that afternoon, the troubled Chinese property-development giant=
 Evergrande <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967=
418192255878e9689713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRr=
g-2FGh593VQAUgiNxU4BKmF_iQYOABS13yKoLyMx0HQv_HHuiw9xh7i5hOIt9xYFH3_sKckFgOW=
1E8MeOpNKzPB0UryPffQ_OJjaWwE7AvbPGCyIwG7amtxA9i12xGcYLtQ1Ke1ROllyiB2O6lUsqO=
apxKeLcDy6p3Es1lPpa1NSYNzdcJqhBRd2RzBkW_o-H48CFG7Pxa4yV161wSyokd_5oG3iNofq6=
IpQdnbKVvZ0Y-p0qda_SInBd4xVJHjCXBo5Ski12ZM9ELUYy0PJ4sDXOr4qWddRTeK-YqeO1zx5=
NVjb3Rv-EZYsgfReLsVeZuUU70q2xS_XHX_piFCRVAR0u8ORPRj3v3N4c4IsvTguLEXaX7-1ynL=
zs8RX3qV6fRNT2keNTeEX-wNmaI88unsCR-uk21tfeBQkGmw9p1W_QLkrHVblm" target=3D"_=
blank" rel=3D"noopener noreferrer">filed for Chapter 15 bankruptcy</a> in N=
ew York, sparking <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca56=
371967418192255878e9689713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8b7=
dAGxRrg-2FGh593Vfc-uhZsbZd47uyb236hLQ6sPO5evokmOKbLCMgSW6tgq6hEa1z5wD3No7oI=
6kmvviBp2n3eQp8iB8uMgUhVeOu2RKUa7M-DO_Ot-X43v9mU5ZLn3jh4fmrgNqlFB3vaCNQCHQu=
lqqQORBQNl18ax1eLGGMQqai2Rix1KJ8CIb9zvaLG7QuKuh-BfyFWWXqz4GWMh2wKhwTIPszipp=
erIVBYa1Nx4ivXD6StTfTPsTtYTdDuqhtwFEV_ZaXgf0u6q1qBBqjequU5Os_sxLn1P1FtT76CC=
TvKTXvWBEbhcREnTVpH0esxdLQKZuojlXyUFPzpYtwZX1_Y4tj7PeZqpsJ9HWwd3Zi1NzReZ7tO=
XNVCxVxlBnumbFQ8jm582Y4GWZ-HsoggMIe23oCdfZUMX_A%3D" target=3D"_blank" rel=
=3D"noopener noreferrer">fears</a> that failures in the Chinese real-estate=
 sector could spill into other markets.&nbsp;</p><p style=3D"margin: 16px 0=
px 0px; line-height: 1.6; word-break: break-word;">As BTC continued to sink=
, it triggered a chain reaction among big-money holders of leveraged crypto=
 derivatives. Or as <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca=
56371967418192255878e9689713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8=
b7dAGxRrg-2FGh593VdjVvrPRv3aIavaZh8OLief37KoJIl9RMcehHVFmT-jUsltoHIh8Qo6k-5=
d4GxQD-TE-disfk6UxXxNucE-jF9hkQ-6K35KrHhNhoXY7eQUqUZ_2wgi4f_ayGV7krkKku28A4=
tEGrRWidyP-VCr8FGngAoXn8j2JulRsQZXlcSeJgHllOwwAqrfvTC2fFdrs_t77NJNXWJzURdEm=
NqH9V2ldEtrcgmeWwdhuLrSrvcc0gPtzdtQcNRjaxDqkcfCz1CgTJmleINTmfquv2dw2eFcjAZn=
cjLnxueLftV3FHxCD9BeMZ3UkmINx3lDRPsVhCA8FYHAV3kn9fsPQKMZtTU_btCB8MxBOUFJi88=
2zA3KHDGsd_KoWeIB4jmCCyRvVxw%3D%3D" target=3D"_blank" rel=3D"noopener noref=
errer">Forbes put it</a>, =E2=80=9Cas crypto prices fall, options expire un=
profitably and futures get liquidated, thereby intensifying the downward pr=
essure on prices.=E2=80=9D More <a href=3D"https://links.coinbase.com/u/cli=
ck?_t=3D3aca56371967418192255878e9689713&_m=3Dffad1db4b137445c86f3e5c204b4e=
05d&_e=3DdL8b7dAGxRrg-2FGh593VTqRtvGK59sgUbzB-Z2a5-Yk2RhdvcblKuTZlUws26EB3o=
WxJEQxYmH1gUZWvTMrL48v2z2OtQloQCgV0wrwhhPkiRaupMjxMMLZNAdLbFSIY-KKmZE2vRdgR=
W2tKdot2mVpfiBoxJdvH15oOou_6Md2pII20KmSEAjRxUjK4hq0KxvEZnYaxCpYDHXWRxJF4906=
GEdBn5g8ALS9FXzJEJvuLeHP8KurNwcFkUhlq-26wgdJyVXAJiI9tgUmsyVV5Ouo2drNo_Oaqh-=
hRbYscesvI2tppiJdaTUXx9Zg8Iai4HTbQblQmKXsa9I3D88RaIdAKSaLSHq8gaOKEYSLNOL9_7=
wZA7XeonA_wy3kG2XU" target=3D"_blank" rel=3D"noopener noreferrer">than $1 b=
illion</a> in crypto futures and options contracts were ultimately liquidat=
ed.</p><p style=3D"margin: 16px 0px 0px; line-height: 1.6; word-break: brea=
k-word;"><strong>Altcoins including DOGE and SHIB also saw steep declines.<=
/strong></p><p style=3D"margin: 16px 0px 0px; line-height: 1.6; word-break:=
 break-word;">As turbulent as the week was for BTC, <a href=3D"https://link=
s.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3Dffad1db4b=
137445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593Vd5hZXnnav7uo1eB-IiXiLC8-J=
umXEwGRFdpSxT4m89gWn3U-LgMjiulJdmmsutkCrGCWbPLt_lxD8MXgj3VEsOMYCbFbFPmJUaRX=
jTtTqAL-ht2lE45K9w8U5jkNiY3h54LQV65WB-dVsQFtE9P-pTTLJiEsTVkfGTf7VYRod8-ytbp=
05dQt_FFiZzZboZzY4C-SgUCszJ59YO0sWvvZ4ebeWZgS7k9MDutPooISNyH-mQ47zXp4s9nuA-=
4KVzZDRL4ieLGU_ByzO5HpEi4PfAGAdCAf0K0istV2WjMBwJ6Zl3qiuKNdTDIoC10D0NN0WYYGV=
Xv1rhpDRojnkzAp9T1sdtTtJ-CHcWBkXKecJizWuZS-HWRyFg65omr_vIWyA%3D%3D" target=
=3D"_blank" rel=3D"noopener noreferrer">smaller tokens</a> as a group took =
a bigger hit. XRP, Dogecoin, Polygon, Solana, and Avalanche all saw decline=
s of between 10 and 20 percent on the week.&nbsp;</p><p style=3D"margin: 16=
px 0px 0px; line-height: 1.6; word-break: break-word;"><a href=3D"https://l=
inks.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3Dffad1d=
b4b137445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VYu8ctbDIFw00mlFU5sHwSE=
KciuBYjL_ZmUh_dsl4N9zJ0RBfa5pk8IBChTQuVbgADnfi9EY82XEnnP4G_agQJh8fioIV8xDaK=
h5I8exkaNBwZfh4ORMAyOGHhW6kT2vFZh-fHaeANQEvt0E2a44g4M8KGkSd7azZ0eJntnD_7ce_=
IGBTdVaYslsVCFAmm_bpJse7DzerQ_o47gP-lGK9IhX1DdvW8Qlr9DvUKDcyrq9CN85lM6YvLU7=
5myUrsFuADS7IO-eb97tTTN0a4zDsxzim2NXp-F1x8ftDnKLBb1CIAbno8Vldp0dN9S-9qVujQ%=
3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">XRP</a>, which had bee=
n <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca563719674181922558=
78e9689713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593V=
SZC7IBTip3qvW_4wwzMyWxB9HivQ1TVcOnCmM6Z100uLiG-kxz_ZzsNvZVKXIs6KiysW8-ktwIa=
gsI3wYd1LCXNfa1XZLdov_eMFYGIpp_l2EZ83zU-kNyYFtrgkp2SSOU-82yJ-m_3VhPw5u9DMIj=
1NGHxAivZ7X2gvk0JR73to-SIna5mZEc-MK4mmr7twtjN4TuYggmTza8quKHMwNiYXXsm6T1J1v=
l5OInDNq2PJp8zC4e8Ij5gPiiO9YRpvX6vMcCayAxBsrpmSu70goBCTvCzeTHGwYsDecpudKALD=
C2J1qbdTXxTGBvQYQffZ4MRdjv-CEKG_FyvH4SJuKRMNYnKq__VTx4Jk9S0k43JzISqtA-N3dZQ=
7-iCm-GmfU1NYe8TrdnJuwi1uGS9AAo%3D" target=3D"_blank" rel=3D"noopener noref=
errer">boosted</a> by rising institutional investor interest due to positiv=
e developments in its legal battle with the SEC, fell from $0.59 on Thursda=
y morning to $0.49 that night.&nbsp;</p><p style=3D"margin: 16px 0px 0px; l=
ine-height: 1.6; word-break: break-word;"><a href=3D"https://links.coinbase=
.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3Dffad1db4b137445c86f=
3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VYu8ctbDIFw00mlFU5sHwSHHr-9TaoflncAg=
UqfERhZ-SOkXjDLdE3hrV-aWKvyn0MBmF3VT0EW6gF2Cyv73FqJIXkp6l7l2aG1aww8AKiuwkKM=
xtgjP4wLGOjyv6f9qGpbmSM7aKU3AK50ThFI-2V4YrQUGycAH37aZkJUY1aGy7rO_mV6pMmW6s4=
TVf0qKbZnr9EVdyYbDHXTEibMw3qQWpC3R3nocpL85Z-20Owq9Bk1knLVffnl02S8sQGTeEkUyI=
WL4TpsfIeS8JlcxfKbKupdSgQVsmJ2SybWnTl9kAZQtbjX29esqoVf0m3oqyQ%3D%3D" target=
=3D"_blank" rel=3D"noopener noreferrer">Shiba Inu</a>, which ended the week=
 down around 23%, was impacted both by broader market forces and unique pro=
blems of its own. The rocky rollout of its <a href=3D"https://links.coinbas=
e.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3Dffad1db4b137445c86=
f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VZQfJcXihKTmyCBopdoftgfbITNO_uZbh4W=
I7Vrmy6jmvdkdt5CGD8GK1Zyh0EdL9GxB01gayMd_FCb41cypjciQAYSna2wquSVJeuY1FUx4WK=
671dJcQzYQ5G_QgONSsBSPOvIKPLoOwzAeCCEuNQwiJO9M42lg9ybGy8rKoavFXDdN_Ia0ExMf2=
SJ0eG5U3x6We_plXGe-9W-w7OZ8mennuKyIR1CUbj_2G6Em-d_74aJc6g8su9-qWS9rLyuufaOF=
4JGDK91eUKPcim3KRTaix8qNIR8xeolsc749X_qR_J2pyMunBGm-_G6KYpr95EmzyQEREik5sQn=
o5xHl-brWxU4FrXR_Y4wJd7uhvTLJe99ezz7D3ydK4os_Ou19yZZi7JckaQp-mqm0DXQwrrE%3D=
" target=3D"_blank" rel=3D"noopener noreferrer">much-hyped Shibarium networ=
k</a> last week trapped at least $1.7 million of users=E2=80=99 ETH on the =
new blockchain for more than five hours.&nbsp;</p><p style=3D"margin: 16px =
0px 0px; line-height: 1.6; word-break: break-word;"><strong>Promising news =
about ETH futures ETFs helped the second-largest cryptocurrency bounce back=
.</strong></p><p style=3D"margin: 16px 0px 0px; line-height: 1.6; word-brea=
k: break-word;">Ethereum prices, which had been hovering above $1,800, drop=
ped around 8% during Thursday=E2=80=99s selloff, but clawed part of the way=
 back that evening after <a href=3D"https://links.coinbase.com/u/click?_t=
=3D3aca56371967418192255878e9689713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_=
e=3DdL8b7dAGxRrg-2FGh593VQAUgiNxU4BKmF_iQYOABS13yKoLyMx0HQv_HHuiw9xhYAfRdmZ=
QwVMNjiis2fZ-4gqluMuVZuSOhTrBmoMEctLXZMttdvi5R6STtH25Y_9CIoeqiEisEqVnfVli32=
OnuBXJZt4TtiUsuHmJ_aru_rzZvgSzA6Es4d9Ir1i7upmR8ZpgDpB0jkkjeYu-f8V7_Wvmakm-e=
HaFjS106airX8-M5QtE-Y_O_KcEZAlfTCIzlgUgAfRzT04GtAGGWDG7Yh-nxPjxsFswQ4Y_ybiE=
N5M9BmxDfzaBpB_A5vh34nf04fmyC5Y0mD4OtlWknoFr87qJvTIRjiU4700OPhsZ9joXAF1mR_n=
zYYSXyHPdlhoeSGA5c3M5NJ7j1SBpcNm_hIIhrxoCQEnn_s4ytp2j-4KFFCw9uP6Cbjl-vIxAQS=
8-5FCGByj8T9w8jEA-6GpIcg%3D%3D" target=3D"_blank" rel=3D"noopener noreferre=
r">Bloomberg reported</a> that the SEC is likely to approve a number of app=
lications for exchange-traded funds (ETFs) holding ETH futures contracts by=
 October. Nearly a dozen firms have applied, including Volatility Shares, B=
itwise, Roundhill, and ProShares. (The SEC has not yet commented on the mat=
ter.)</p><p style=3D"margin: 16px 0px 0px; line-height: 1.6; word-break: br=
eak-word;">ETH futures ETFs are an indirect way for investors to gain expos=
ure to the cryptocurrency via conventional brokerages. Instead of buying ET=
H directly, the ETFs would buy ETH futures contracts =E2=80=93 essentially =
bundles of agreements to buy ETH in the future at a specific price.&nbsp;</=
p><p style=3D"margin: 16px 0px 0px; line-height: 1.6; word-break: break-wor=
d;">Similar BTC futures ETFs <a href=3D"https://links.coinbase.com/a/click?=
_t=3D3aca56371967418192255878e9689713&_m=3Dffad1db4b137445c86f3e5c204b4e05d=
&_e=3DdL8b7dAGxRrg-2FGh593VYu8ctbDIFw00mlFU5sHwSGOGxggsQv3Twym9STFpGtdJOQOF=
oT2NYrP_dEP27Xr6ktAJ43N5LVVV_Iz7dNTiQJqPkI4Ez2agWbyP36BwS4friXmXNt1-WZgbSlx=
myrVFpC3KMK6y_OteiJHVKXhii0grkTXqQGCMvO_UGwI1gI3Orqvs2ReNbFUaPTC8vnMWfboWBY=
ALUjWvhR-2V9L5HNzHMVSObKoTQHwZ3FYHStxTRLB6-CuGmOVovnLUbSdj-eHV7jlafMUOIG3y5=
-9GXWj7EvYRcppbYm6PoxsptstsPSFJORbYEdQc-JTtwWG7aqinr4GRSt9L05cPIkK9Hu2SzXUC=
aBmRsx9EqFSjuwk" target=3D"_blank" rel=3D"noopener noreferrer">launched in =
2021</a>, and many market watchers hope that the anticipated ETH futures ET=
F approvals will pave the way for more kinds of crypto ETFs in the near fut=
ure. As you might remember, crypto=E2=80=99s latest rally in June was <a hr=
ef=3D"https://links.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689=
713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VYu8ctbD=
IFw00mlFU5sHwSHb9YYhAg1jKPAsEh0zYby1A-G7NqrNGyxoLygU5-V1FHED19DUsb6ORi5f8nW=
L-GIqUzDSkzHCh_4PTSz2krV6DKvAeFh9qV3xfjfn5MHeWruhq66SQL5mKFyn90bg7fZgbTqNSl=
MhuD7SDS5rvjxAB2kkWpZ0juAsRWfMbH4JLyMsohGFsUZO4NYjhrLylLiYOCH5tCThmA5aaz6f9=
gylnuQcpSn4GgA9T5KwTdQ_YsLFdYHu2WhzZWliVnSL5xj9JLLb02_BFTQcbBOnXdnPCQ5GgYwM=
CfFKSlCCsg4CRSZxJTOLo5tHh9wDmy3XYOpOb_MgKa_Coh6UBTR4FNdmhe-cU0x43H3E8YCkhIa=
sZQ%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer">sparked in part by=
 news</a> that Wall Street giants including BlackRock were pursuing =E2=80=
=9Cspot=E2=80=9D BTC ETFs, which would buy actual bitcoin =E2=80=94&nbsp;as=
 opposed to bitcoin futures =E2=80=94 and sell shares to customers.&nbsp;</=
p><p style=3D"margin: 16px 0px 0px; line-height: 1.6; word-break: break-wor=
d;">By Friday morning, ETH had climbed to nearly $1,700, and <a href=3D"htt=
ps://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3D=
ffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VZQfJcXihKTmyCBop=
doftgd502GU-lfY0WkmcYAj9sKGAHgcihFnapC5c5v-O4HqqGHmoAR6a1jwWAQcmkM6ZYOKQN1v=
Z_zsAtX21c7k8WX51iaV8qRixNikUyzWP_MrNbAAWzef3Bf_bHwIaSuO3GccbJFG1r-nNP-j_ii=
L3d3uXaN1XwXHm65v5j2PRXNKlM5IBDG2fTSK8op5g_ccRscYzbDNHhegKn0a2xZZTOta25uEYN=
dX8bPls_zEHPCrON5n7vdRc4uIYUWLnmb8sSSTaZA9ZFxwhyZ0dJ8SLl6vdU-P6WvrXzUF4Iw8Y=
ay2E8VueOfoP2tDBL7hP9QjJaxZLNtCG0QQEN2Igm6AuhZzzsZDpCzzFfhrzVEzJ9cM-0PtXTnT=
sowVcRTftMvzF8uVLaEtp1BuREnMEkrSCcFphEdpdRm3zWUPscypQCCpzA%3D%3D" target=3D=
"_blank" rel=3D"noopener noreferrer">outperformed BTC</a> by about 2% durin=
g the market slide.&nbsp;</p><p style=3D"margin: 16px 0px 0px; line-height:=
 1.6; word-break: break-word;"><strong>The bottom line=E2=80=A6</strong>&nb=
sp;</p><p style=3D"margin: 16px 0px 0px; line-height: 1.6; word-break: brea=
k-word;">It=E2=80=99s still unclear if last week=E2=80=99s market selloff w=
as a short-term blip, or a sign that crypto-market volatility is returning =
as we roll into autumn. But if you take a longer view, the biggest cryptocu=
rrency remains remarkably stable <a href=3D"https://links.coinbase.com/u/cl=
ick?_t=3D3aca56371967418192255878e9689713&_m=3Dffad1db4b137445c86f3e5c204b4=
e05d&_e=3DdL8b7dAGxRrg-2FGh593VZ_Gpcdyf_to7Xi2popLgi9xOtvdLuxaNZVSg_4zkE4Xe=
dUPBWjQIIU2VsUeFRuLLEwC2RvNqg4ITL8vTy_kWa6FoecTPb5XHeiExPyEYNUGlR0fT4AKGdEJ=
Onk1bxTsyDZsXSZXEtzUw--M4ZukdQE__HPfSA1YGET0v7nEMelhv-9c38cH-OrLKc9l4vrV3hE=
favmhOQLlRfyb3dqkY3lZ8mciJwb-LBW4F7BBXUgrbp_tHQnbjSLNWhEi7ilrmK0axf-qfOq3Df=
VsqB_MrI-1keD1OYWdVUXQStoHVlSJtS3zcPgirQ9qdIXonhHivneCWWCA8XB9QFpCuJHiBpI2n=
GEjvGOvdDvUWJATw-2NroNWKQkEQQJU2q562oYUf4bUKRGOVrfHTntb3u0D0GxQE782G-da--Cf=
OVbSRooR" target=3D"_blank" rel=3D"noopener noreferrer">by historic standar=
ds</a> =E2=80=94 with many market watchers noting that BTC=E2=80=99s declin=
ing volatility has boosted its evolution into a widely popular =E2=80=9Csto=
re of value=E2=80=9D asset class. Or <a href=3D"https://links.coinbase.com/=
u/click?_t=3D3aca56371967418192255878e9689713&_m=3Dffad1db4b137445c86f3e5c2=
04b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VZfizgGhZnUzibzZ_3gmuBWecXjZjNk3nLD9A9h1f=
Qgw2cWDjeG-ZJq7Pkv1DFNkZ2vyBIPFCB6ZcQPCiQebo6Xj1OnRg0l_48BqI5uvoOZ3GlOfmcr2=
Tp4MIseZ5tVYFePsAuO8z7aM4qF7Zj2r5BpNVQXevJhZpcbkhTJP-vKw8-HlVq79y-6dQlSdBHu=
gi_ibYdloNnOxfs3ltNK26H62WIPm8a0s-DWdwyWJxypyaYHlJT4kpJ6gpot-2-ljE1gQiqEqKM=
0Nm2I3CqxXZfB7C0c1FaB5bV752mqbcIe9Ew6ht7tf6OFQTH9Zyg8IE6K2av-x3vonUJjnfZHT4=
4Hc2s6ccUmENZZsyN7kgPct" target=3D"_blank" rel=3D"noopener noreferrer">as B=
loomberg analyst Mike McGlone tweeted</a>, =E2=80=9CGold will always have a=
 place in jewelry and coin collections, but most indicators point to an acc=
elerating pace of Bitcoin replacing the metal as a store of value in invest=
or portfolios.=E2=80=9D</p><div class=3D"cta_button" style=3D"margin: 24px =
0px 0px; padding: 0px; width: 50%;"><!--[if mso]><table width=3D"100%" cell=
padding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"border-spacing:0;bord=
er-collapse:collapse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td st=
yle=3D"padding:0;" align=3D"left"> <v:roundrect xmlns:v=3D"urn:schemas-micr=
osoft-com:vml" xmlns:w=3D"urn:schemas-microsoft-com:office:word" ses:no-tra=
ck href=3D"https://links.coinbase.com/a/click?_t=3D3aca56371967418192255878=
e9689713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VYu=
8ctbDIFw00mlFU5sHwSGOGxggsQv3Twym9STFpGtdWpdTu5EnUWXL9P_dmyicuQleel9I3dcd46=
bd26MnjHjg6KOA-F2qKbcZ34GfD9qDxBDh2GC9uAL_gcPj0m9IwDbipApBzcgUifPKA2jDcMX6b=
lw3KuYaAuMJJtz7H6wt7v9POEwWCvPJ1kiDVWwGBNxHJa9FhYw28aaV5d_rd-NQ_B2RUI1zza5z=
9DXJSaKWZsVOHhjdE5ZoLiqKwbyGyMINguJ1kN1N3zwOm6-VctBLRF0MxnCpNlRrj2lY4Us_VhA=
krZbCPjKB5ZqlVIlg6XVnsaTwYSFnv7yhC7EOGGC17SkJNQCDdVO_Zx_-HOhn" style=3D"wid=
th: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/click?_t=3D3aca56371967418192255878e96=
89713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VYu8ct=
bDIFw00mlFU5sHwSGOGxggsQv3Twym9STFpGtdWpdTu5EnUWXL9P_dmyicuQleel9I3dcd46bd2=
6MnjHjg6KOA-F2qKbcZ34GfD9qDxBDh2GC9uAL_gcPj0m9IwDbipApBzcgUifPKA2jDcMX6blw3=
KuYaAuMJJtz7H6wtIOpYXrso71xfKwIW2TiOLYyh-hFD8Y70hIWElZ8GSIKLpLEWDvyFhs_bKPi=
ZoLtjTiry7LJ4tyb8ls0Ih0JnfUO7VFvZalHCzPmSVLDf8zGxNRXtb5KIBg8qU67e4B0DsRu2C6=
N2M3Sny_BtcIKLuukEiWosjf5dKz4KSZkUPiCwrCOqMAPOLQ8QszKT6pmz" target=3D"_blan=
k" rel=3D"noopener noreferrer" style=3D"display: block; margin: 0px; line-h=
eight: 1.2; font-size: 16px; text-decoration: none; color: rgb(255, 255, 25=
5); background-color: rgb(0, 82, 255); border-radius: 30px; text-align: cen=
ter; padding: 18px 0px;"><strong>Learn BTC basics</strong></a><!--[if mso]>=
</center></v:textbox></v:roundrect></td></tr></table><![endif]--></div><a h=
ref=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e968=
9713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VaC3vvg=
yAe6P0x6vkDK9RDqH-BMb0jWWWmaVAptj1VkK4YuoVdAHNmEo1RB9jtwwh7p0bwtrg_7zKwR5gj=
-pbUXLqF5rA9D6NYVUGJKFl3NLnxRIdMPWOybmj8G3psRX0RU4-beO31ajdt9NPy9-CXFPZNqpC=
Io3eVMZz6gdhjp3IvviGfVzC4Y32iq71a-hriRKCKbh09uU6k9qkDEVPZGXOGajy-5797aLwwM_=
wEGIvCPL2JZBDSsUqYParorqiSGM2Gv6SEWAuonMNYSDbBwET1KQF0aoZDpcvLqaGfBiIC64S8P=
sdq_J6QSwBwznQQ%3D%3D" target=3D"_blank" rel=3D"noopener noreferrer"><!--[i=
f !mso]><!-- --><div class=3D"desktop_hide" style=3D"display: none; max-hei=
ght: 0px; overflow: hidden;"><img src=3D"https://images.ctfassets.net/q5ulk=
4bp65r7/6HimOjaXG0Mr7FDZUpGWr1/880c2e4cb6c5bb3025745c3af06fd64c/BytesEmailB=
anner3_650x488.png" width=3D"100%" style=3D"display: block; width: 100%; ma=
rgin: 64px 0px;"></div><!--<![endif]--><div class=3D"mobile_hide"><img src=
=3D"https://images.ctfassets.net/q5ulk4bp65r7/7EGhGRsKIBY9N9nyzCVb4t/1a44ef=
e6c6b237e921a2bd3aeb19aec7/BytesEmailBanner3_1060x408.png" width=3D"100%" s=
tyle=3D"display: block; width: 100%; margin: 64px 0px;"></div></a><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> KEEP YOUR COOL <=
/strong></p></td></tr></tbody></table><p style=3D"margin: 5px 0px 0px; font=
-size: 32px; line-height: 1.26; word-break: break-word;"><strong>How to sta=
y calm in a down market</strong></p></div><p style=3D"margin: 16px 0px 0px;=
 line-height: 1.6; word-break: break-word;">Even though crypto is famously =
volatile, sudden changes in price can be harrowing =E2=80=94 especially if =
it=E2=80=99s your first time experiencing a significant selloff. But as <a =
href=3D"https://links.coinbase.com/a/click?_t=3D3aca56371967418192255878e96=
89713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VYu8ct=
bDIFw00mlFU5sHwSGB9HRJUkPc_qrAf9qWECKtHpOQLYKeFAT-C3yrkadbCGD9mXCIhx6yj1fXd=
yTo-F_wEuJ4OErtSu7G3802J9xToQO5nQ-wpXv3R7ygVFfOgTSKGiRYj8zabuDjp_3QWH1aA0TX=
xvPvaxapmcicVtG1rXbZfqRoNWBdm4vBX03YtI0Gy6Xe8I-r8v5pdzaCPuckaqGfQUy8R8Tpy0T=
ZE5XHcBWBh1pwyWs-Tez4o4pQUiS4nhS37Wdl8_uPTIWAk40LZVujGacLLGCGXYunsrGwQlLg2B=
KVZALDNrwOMTej6rxtNMMnMQrrZbKEJvMcZaWoJEFE9fiUEtVvcH-VjJQH" target=3D"_blan=
k" rel=3D"noopener noreferrer">veteran traders</a> will tell you, it=E2=80=
=99s a lot easier to stay calm and make smart moves if you have a plan. Her=
e are some helpful tips to keep in mind:</p><p style=3D"margin: 16px 0px 0p=
x; line-height: 1.6; word-break: break-word;"></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;=
"><!--<![endif]--><li style=3D"margin: 0px; padding: 6px 0px;"><strong>Keep=
 your emotions out of it.</strong> Emotional trading can lead to badly-time=
d trades, like selling when prices are lowest or buying at a peak due to <a=
 href=3D"https://links.coinbase.com/a/click?_t=3D3aca56371967418192255878e9=
689713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VYu8c=
tbDIFw00mlFU5sHwSF0kn6Yej9HDjiIFkuGB7tzTZbpluPf5HeicdJCz5HmNt7uzP9eJ1KCi7AW=
-h5_7rEMqIBSCn-otxA5EolIPtmF4JI0D3K1oZyXo73uwAMy7e5Ry-9OboFvBl5qtbbZxJjM3Dr=
GXfSqdXAayoP05vmnjwZAKA1X6Zz2JRlkNE0RBuR5Udk8OvJ9tHWGMEg3crq7eqmiwZazMVyR51=
92LgjfWNswUl2E4X3qNiJbIbRaatcOdKUzBBe32VOJq2JBTk9ayv15DYpf-f5CyHiZuy0TpjARX=
VREizY3gIF5xBew-ybKW8C6O7AeOY2glV5BlXgwJlTfCvUYO4jsMyb2ZomV" target=3D"_bla=
nk" rel=3D"noopener noreferrer">FOMO</a>.&nbsp;</li><li style=3D"margin: 0p=
x; padding: 6px 0px;"><strong>Think ahead. </strong>Consider your long-term=
 goals. Did you buy with the intention of selling many years in the future?=
 If so, it=E2=80=99s probably ok to stop refreshing that tab and take a dee=
p breath.</li><li style=3D"margin: 0px; padding: 6px 0px;"><strong>Look int=
o dollar-cost averaging</strong>. <a href=3D"https://links.coinbase.com/a/c=
lick?_t=3D3aca56371967418192255878e9689713&_m=3Dffad1db4b137445c86f3e5c204b=
4e05d&_e=3DdL8b7dAGxRrg-2FGh593VYu8ctbDIFw00mlFU5sHwSGB9HRJUkPc_qrAf9qWECKt=
_bGaiUIuhthei_PcJSkMBS0vvbfsmOpm_0mL3EtsBTzjuF52p0Vvsi6QAmVJKtPY6ElmE3Qbt4u=
LPZE-CnlcY3bfaSbclLZUShOcvf2HxaRwWEO6VojUIB_GubPtnO-1XbTlbeD31JgD5htI0DMi-J=
IViTOWRbVjGRu5xhrDmLPHYKChvGOGzKUTZxIhKCwwfwpTuh8MN4Wqa-rXBlwt02WA_f2dzHtP_=
T9B-C8APeNtlSlF14jJ4oMd4Jh7p7H0qIFnNefzx5CfeULfKJ7rk2HdlfAVcPxCY5zuWsS4FAja=
am2YK_CTCy0mi_G8PJtx" target=3D"_blank" rel=3D"noopener noreferrer">Dollar-=
cost averaging</a> is a popular strategy for reducing the sting of volatili=
ty. It involves buying a smaller amount of crypto at regular intervals =E2=
=80=94 like every week or month =E2=80=94 no matter what the market is doin=
g.&nbsp;&nbsp;</li><li style=3D"margin: 0px; padding: 6px 0px;"><strong>Tra=
de within your limits. </strong>Are you planning to =E2=80=9Cbuy the dip?=
=E2=80=9D Remember: No matter how confident you are about a particular asse=
t, you should never put in more than you can afford to lose.</li></ul><p st=
yle=3D"margin: 0px; padding: 0px;"></p><div class=3D"cta_button" style=3D"m=
argin: 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:0p=
t;"><tr><td style=3D"padding:0;" align=3D"left"> <v:roundrect xmlns:v=3D"ur=
n:schemas-microsoft-com:vml" xmlns:w=3D"urn:schemas-microsoft-com:office:wo=
rd" ses:no-track href=3D"https://links.coinbase.com/a/click?_t=3D3aca563719=
67418192255878e9689713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8b7dAGx=
Rrg-2FGh593VYu8ctbDIFw00mlFU5sHwSGB9HRJUkPc_qrAf9qWECKteiK2vXy508PrecwQ5JoR=
ZmoNQEQfanYhdtbz-4vV9xXTRfSI4Hhgc3x75XuXRe7Ld61pN0sn5_dAKgWQAuEBDWxVYiNI0ps=
YcclAClRm5qej-YC-O2D_F9m7dHzvYzH53yeg5em88NFAiD19c-lL_hlDBrMOXK9FtrE6o3-PpO=
m1eMVmyEFulENB_9IwLh9ebIXlih6SRw94OEHYcB9OjhgIm707aza62RwxY6RGDlM5pk_skoYVy=
IGD7LvaRHo_nMIYw1AvprFvdHR9P6mJh3bX1NDXV9PsCRC0dzRTwEJ0PKjo3gMbZ_D-z_qw01pg=
AFQQvCEPC9MGyV670_7HTC06oJDIpybEZo9r-0XLXrA%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: Hel=
vetica Neue, Helvetica, Arial, sans-serif;"><![endif]--><a href=3D"https://=
links.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3Dffad1=
db4b137445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VYu8ctbDIFw00mlFU5sHwS=
GB9HRJUkPc_qrAf9qWECKteiK2vXy508PrecwQ5JoRZmoNQEQfanYhdtbz-4vV9xXTRfSI4Hhgc=
3x75XuXRe7Ld61pN0sn5_dAKgWQAuEBDWxVYiNI0psYcclAClRm5qej-YC-O2D_F9m7dHzvYzH5=
3yeg5em88NFAiD19c-lL_hlDBrMOXK9FtrE6o3-PpOksfs8l-JrKaqTCjDndvYdtHLV6VSKzKgl=
zTzNdkyIz0Ejs40JG2CLDbSWoJtW4ohP7P7nmg8-jy2aJrQaFPVtBvVN8vW7GHpGwn7VVYdK6n7=
RHZPN12DLUvoSGh__iCZxb1fyMD_zbXfPSUdspypbBwheoopy4PekBPZlo_2dRt4wr1i_IzP64E=
DkJ439P-OA%3D" target=3D"_blank" rel=3D"noopener noreferrer" style=3D"displ=
ay: 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: center; padding: 18px 0px;"><strong>See more tip=
s</strong></a><!--[if mso]></center></v:textbox></v:roundrect></td></tr></t=
able><![endif]--></div><table width=3D"100%" role=3D"presentation" style=3D=
"table-layout: fixed; vertical-align: top; border-spacing: 0px; border-coll=
apse: collapse; min-width: 100%; text-size-adjust: 100%;"><tbody><tr style=
=3D"vertical-align: top;"><td valign=3D"top" style=3D"word-break: break-wor=
d; vertical-align: top; min-width: 100%; text-size-adjust: 100%; padding: 4=
8px 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><tr style=3D"verti=
cal-align: top;"><td valign=3D"top" style=3D"word-break: break-word; vertic=
al-align: top; text-size-adjust: 100%;"><span></span></td></tr></tbody></ta=
ble></td></tr></tbody></table><div style=3D"margin-bottom: 16px;"><table st=
yle=3D"margin: 0px; padding: 0px;"><tbody><tr><td style=3D"margin: 0px; pad=
ding-right: 11px; vertical-align: middle;"><img src=3D"https://d15k2d11r6t6=
rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6=
dd6a/3aca56371967418192255878e9689713/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; letter-spacing: 0.075em;"><strong> NUMBERS TO KNOW </str=
ong></p></td></tr></tbody></table></div><p style=3D"margin: 16px 0px 0px; f=
ont-size: 32px;"><strong>$1 million</strong></p><p style=3D"margin: 4px 0px=
 0px; line-height: 1.6; word-break: break-word;">Total sales of Beijing-bas=
ed artist Yue Minjun=E2=80=99s <a href=3D"https://links.coinbase.com/u/clic=
k?_t=3D3aca56371967418192255878e9689713&_m=3Dffad1db4b137445c86f3e5c204b4e0=
5d&_e=3DdL8b7dAGxRrg-2FGh593Vbg524bTuKiehpXN11ofl6NVfHuvm9FY2TymgLsH27V8sUY=
TMqdfbhFp8y28uLPR2BgjAWpw293jeQht21kQti4fyo41csZ94Wkwdr0gVDKuYO-cF4TFFbkd_I=
QnnPtTO5WZGU-dur17HTtZG61rHt7QmU-d9_D20pAPP0JvagYIs9Wgb8fKEAgne5eQRZqvpuS1P=
1ypwp4ueX7o5YTjBWP35kgrAE70cVyWaSeW32YWn-645NRIpoCz19GJ_k2CMqTI75hw9He2lza8=
Ad9SP8PnDfUFWk0Pw9jdpwxpNm-LMHwxFTWdTXzhugJ3Jd0SlrC5qJ43a-PraELiVXEyw4tpxN4=
vRaZQSSGsYMxKK-bMGbQ3G0P27BuwCTeDl-PtmA%3D%3D" target=3D"_blank" rel=3D"noo=
pener noreferrer">first-ever generative NFT project</a>, which sold out in =
two hours. The collection, called Boundless, features 999 variations of Min=
jun=E2=80=99s, hyper-stylized <a href=3D"https://links.coinbase.com/u/click=
?_t=3D3aca56371967418192255878e9689713&_m=3Dffad1db4b137445c86f3e5c204b4e05=
d&_e=3DdL8b7dAGxRrg-2FGh593VetLCJg3cAlGbgG2ko55kzY8SMt0PNzl6HXcmZOhf4GLYWjT=
0OOB5hUsjcKahjai3vSfIfp9nU8_W5ITe28yOBnFqzLlkE5w4auskzoMql9loBUB8T_9J1mUXWn=
Me37pDVT5O2Fk9-zoNVi_82vOJUHAWAZP41Axmz4y8jlxdIs-1FPuu6DK1FIBL2QncDKlxvw23E=
6uQ9QGQGR92H8IRGXxBJm5DbFHa9BXykISsFHtmT7taKLFhTmIEn8HDo-b04_hPIUgr-Twy_ReB=
uIcitxV8qEdbQt0FPIryKKHPpFZBeI50Qmc687FAiHsQE1Y43E3qJ8CEVyVA13RGItRhe0%3D" =
target=3D"_blank" rel=3D"noopener noreferrer">laughing man</a> self-portrai=
ts. =E2=80=9DMost people in my world thought it a little crazy to go into t=
he NFT space now,=E2=80=9D Minjun said. =E2=80=9CThe market is nowhere near=
 what it was =E2=80=94 for me, that=E2=80=99s an opportunity.=E2=80=9D</p><=
p style=3D"margin: 16px 0px 0px; font-size: 32px;"><strong>767,000</strong>=
</p><p style=3D"margin: 4px 0px 0px; line-height: 1.6; word-break: break-wo=
rd;">Tuesday=E2=80=99s average daily <a href=3D"https://links.coinbase.com/=
u/click?_t=3D3aca56371967418192255878e9689713&_m=3Dffad1db4b137445c86f3e5c2=
04b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VTqRtvGK59sgUbzB-Z2a5-Yc4mZoZu83gG-icCIcg=
wDw3qENkYRnkhJmwwZryEiMZbbsyX4ednLtv6iF7pC3efL96wGHbU1P5dLm7cvtAPjhhKxozSS6=
I17n1NYj4R2fu-moyJz_uwWD-jv3cDeEgD9IiT_2p9QSb44l6GR7MZh9LSVqwAHNyEPfsVLtpvM=
hrONlrGCeBplHEbU1NufxbExbW-yn-G05zYb0BYgxJVwTstxWsONIW6ofV3V1oKv1ieoF-hV5_D=
tRfBp0JnfqWq7BrNwcxQiTTveR8kO3baw8r_PwuQFwwGMKih2kAzOZ1IcBe4vzajllUzWLybY_G=
yWoqPRYAQY8i6lW4F36Zq5yGfJdk6MZc9cziRq2_J0kq0v1Zq4JMA_PibwegDechBE%3D" targ=
et=3D"_blank" rel=3D"noopener noreferrer">transaction volume</a> on <a href=
=3D"https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e968971=
3&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VXXx0Wc6Ae=
-pb3DzNP72Lubc1KzHOuodyjxfUnRaFl2jGlzWlMsLubBt3jRO1kFoltBoQiFJwSg250fahEzgs=
0pRkhimhVBat_B1ce9mgncW8K-nBmCRb30cYqQ9-0QNS6tGWcmivMnjdHFsjcIHBmTlJW3u8fQr=
OycmWqLNKBf1AppiVeQl3rhbLR7zBdt8niaIFDZ4tOdiOnslXmL3QL3jrSMbgI_3Srp8mGod7Xx=
ehAHWcdAkIbhVC3h3E_vhTkA9Mvq6rBjr6pyNei9evaQyZSt5529_KJ6znwEP1m-H" target=
=3D"_blank" rel=3D"noopener noreferrer">Base</a>, the new Ethereum layer-2 =
network incubated by Coinbase. On August 15, Base=E2=80=99s average transac=
tion count briefly outpaced those of longtime layer-2 networks Optimism and=
 Arbitrum for the first time.</p><p style=3D"margin: 16px 0px 0px; font-siz=
e: 32px;"><strong>$160,000</strong></p><p style=3D"margin: 4px 0px 0px; lin=
e-height: 1.6; word-break: break-word;">Approximate dollar value of the 6.2=
5 BTC block reward that an individual bitcoin miner claimed on Friday after=
 solving block <a href=3D"https://links.coinbase.com/u/click?_t=3D3aca56371=
967418192255878e9689713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8b7dAG=
xRrg-2FGh593VV8iWFxEI9r4WfppvMf0XNDqKnom4wb-dscPY9KYGLx1jTyE5TfxX_LR1L12cn_=
FDvu4BfIeYKxV89pkvrt9Sy4wAcgbbfxY-wyGnLKNmoQz93n5qI6Ux-uwLL-QLXhyDwYc6-8Xz0=
BA2AKvFLErxm-baMIs-NMxhC2D2hhWuPozdYCGG8imUgK37iNkKOc5PFy6z1ZBSlsJqWTO2VIQK=
qKmuURjtFLkNc8XWHb2D9EZDfGEGb1tJEefov2jaL9WK_xf9zbJnLKNpGE8jDxzc1Uav5x9DHXh=
_iwVaFuQuHUU4s2KvZVyWBAOJVx6e1Myfw%3D%3D" target=3D"_blank" rel=3D"noopener=
 noreferrer">803,821</a>. The lucky miner was using modest equipment that o=
ne software engineer <a href=3D"https://links.coinbase.com/u/click?_t=3D3ac=
a56371967418192255878e9689713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL=
8b7dAGxRrg-2FGh593VX4y_neczgXTUZzdP7HMxmYM6FNd4PVp2knpERJ1AyzGmoVL73b50qATD=
8EdBu7oBfJr1G1aypRZJn5b0ISl4mO1q7fP5WXUZgL8u2myxCeRIqL0opnSiopSDJASn8Z1tXqT=
99S5Qvvew-T2L4zQaEm3Ikw2nNhiFRJpPAEpCCJBNIYSEw5pcYgQcuYocq8tyCHyt4QLUVoWWO6=
3aFIfThUrYC4NKMJYJ7FujCyBac7fQWCEaGgtoiiqxOlgHVBKlrKSCtQlhmE-DZ5MMFve2hmk_l=
mtgOb8qNRxC2eNRaQOb7QIJ9GMA_ShilKZVB-LuUgnbVDBkUB4ciKz0hGbA-QOMe7X6keVp9y7b=
5gRQXOw9zm_DQoekg6SBrDeihgrnl26U1RbqH74xH0ep_hg0wgMxdMUCwYfy2vATT_lxH1SzV32=
xZpd_aPpSrYWP-cfc9rGPB59QJZpRTOvjGwhMWnZ5tKsBV3iz64u9i5Hl4Hlfs7eqG2WDkPkcgA=
abwxxpmAf4aLoDQnZHWohZeITPHd9kwWH4xN2GWJF9wnkZBmLPp7BVfSJ07TrpqqHKU1Y0mVuOs=
igomGczZFCcGySETPudX3ZGHnw8F0kIkPDuT_g-XzUrbXySk9S3jU_KkAE9bNC1Z_jVHSan3uu2=
egIwik%3D" target=3D"_blank" rel=3D"noopener noreferrer">noted</a> =E2=80=
=9Cwould only solve a block solo on average once every 7 years.=E2=80=9D In=
 Bitcoin=E2=80=99s early years, anyone with a decently powerful PC could fe=
asibly participate in mining; these days the industry is powered by vast mi=
ning farms full of specialized equipment.</p><p style=3D"margin: 16px 0px 0=
px; font-size: 32px;"><strong>6</strong></p><p style=3D"margin: 4px 0px 0px=
; line-height: 1.6; word-break: break-word;">Number of additional blockchai=
ns that will support USDC, beginning in September. According to a Coinbase =
<a href=3D"https://links.coinbase.com/a/click?_t=3D3aca56371967418192255878=
e9689713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VYu=
8ctbDIFw00mlFU5sHwSHAbmZm2aCR9mIZwzcIIH-lVUEFHe5y31mB44kG-5aol0DBQOpr5jShXQ=
ErhtoRgHybOf-zZF9dbzAt_H7JWbVIgZraUYqFzztlpqPlSCKgRmDT7-V35n_UWKA1G62iP0b3l=
7Rs_U4W1dyvli7IfrUfFlkGVDs7TNOJhl7l_FoWeM7p75tBaZdYM_0KygQjIp4XWLrhCst2mcNX=
H7skRZZImHnjsZ7_bh07wDMtv_cWG--03KA1uIvmtmLSpKczyrFuny2IC955uaOlPVKMxylg6g1=
BF2N19HZHL_9J7nc6_I3KgsFTcixHvX2O4Kw7CaRJMpdK8EeSC0OGkaPUynFQ" target=3D"_b=
lank" rel=3D"noopener noreferrer">blog post</a>, the stablecoin will be com=
patible with 15 blockchains in total =E2=80=9Cto better serve a growing num=
ber of businesses, applications, and developer communities.=E2=80=9D</p><p =
style=3D"margin: 4px 0px 0px; line-height: 1.6; word-break: break-word;"></=
p><div class=3D"cta_button" style=3D"margin: 24px 0px 0px; padding: 0px; wi=
dth: 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://lin=
ks.coinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3Dffad1db4=
b137445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VYu8ctbDIFw00mlFU5sHwSGOG=
xggsQv3Twym9STFpGtdRiLMrjh7xy84AZ2wN5PhsTDUAEU0mN_gRihwbM7zi0211f_TLMF-mjQM=
TZErYSitf9JDThxmbxy7Rww_qQcIlLLXMa0whvqfpR3MRAPbpx4ldcY170Tbnlx3Qi4NySe2oWi=
rGnUbBGWP3BsZdvN5NnqMlgorqFCPmc9YGHIN5KNPU1qwqxQGSDUGmNWABVhc2E0rVmSDDyRBh7=
EQwcYiTGYRrx-mU7tMzr2MSG4b6_aJxd9-KTcPNvm96vV0YuRLStPtKdIjH5HHndIBIkUt5kHEP=
F70V-AaILdsq0O72XutReOwaGGsD3BRk4OtTikd" style=3D"width:350pt;v-text-anchor=
:middle;" arcsize=3D"17%" stroke=3D"false" fillcolor=3D"#0052ff"> <w:anchor=
lock/><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.c=
oinbase.com/a/click?_t=3D3aca56371967418192255878e9689713&_m=3Dffad1db4b137=
445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VYu8ctbDIFw00mlFU5sHwSGOGxggs=
Qv3Twym9STFpGtdRiLMrjh7xy84AZ2wN5PhsTDUAEU0mN_gRihwbM7zi0211f_TLMF-mjQMTZEr=
YSitf9JDThxmbxy7Rww_qQcIlLLXMa0whvqfpR3MRAPbpx4ldcY170Tbnlx3Qi4NySe2WAG20up=
iJwYd8K83R9efm54ZVMNqSyC8w7yMTcT9tTA0f3YZ16m9gYMIWY1uIj3mVWzqUlxCgoHVGBCwNW=
6Cz0K98_jxJs6rUHQ5RodiMTvxWAmP7WvjBSp7zaYcsA-DgKhJlux0cc7e3wvz2R9Zzer8C5ZfC=
Uig7LKgLPvZVehTzJYICTNYIr4mNxaJtZqZ" target=3D"_blank" rel=3D"noopener nore=
ferrer" style=3D"display: block; margin: 0px; line-height: 1.2; font-size: =
16px; text-decoration: none; color: rgb(255, 255, 255); background-color: r=
gb(0, 82, 255); border-radius: 30px; text-align: center; padding: 18px 0px;=
"><strong>Learn about stablecoins</strong></a><!--[if mso]></center></v:tex=
tbox></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%; tex=
t-size-adjust: 100%; 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; bo=
rder-collapse: collapse; border-top: 2px solid rgb(222, 224, 226); width: 1=
00%;"><tbody><tr style=3D"vertical-align: top;"><td valign=3D"top" style=3D=
"word-break: break-word; vertical-align: top; text-size-adjust: 100%;"><spa=
n></span></td></tr></tbody></table></td></tr></tbody></table><div><table st=
yle=3D"margin: 0px; padding: 0px;"><tbody><tr><td style=3D"margin: 0px; pad=
ding-right: 11px; vertical-align: middle;"><img src=3D"https://d15k2d11r6t6=
rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6=
dd6a/3aca56371967418192255878e9689713/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; letter-spacing: 0.075em;"><strong> TOKEN TRIVIA </strong=
></p></td></tr></tbody></table><p style=3D"margin: 5px 0px 0px; font-size: =
32px; line-height: 1.26; word-break: break-word;"><strong>What is the Light=
ning Network?</strong></p></div><div style=3D"margin-top: 16px;"><table sty=
le=3D"line-height: 1.6; word-break: break-word;"><tbody><tr><td style=3D"pa=
dding-right: 12px;"><strong>A</strong></td><td>A symphonic rock group from =
the 1970s</td></tr><tr><td style=3D"padding-right: 12px; padding-top: 12px;=
"><strong>B</strong></td><td style=3D"padding-top: 12px;">A layer 2 technol=
ogy that=E2=80=99s making bitcoin payments faster and cheaper </td></tr><tr=
><td style=3D"padding-right: 12px; padding-top: 12px;"><strong>C</strong></=
td><td style=3D"padding-top: 12px;">A digital wallet for sending and receiv=
ing money internationally</td></tr><tr><td style=3D"padding-right: 12px; pa=
dding-top: 12px;"><strong>D</strong></td><td style=3D"padding-top: 12px;">A=
 global, decentralized network of computers</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" sty=
le=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"bo=
rder-spacing:0;border-collapse:collapse;mso-table-lspace:0pt;mso-table-rspa=
ce: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:off=
ice:word" ses:no-track href=3D"https://links.coinbase.com/a/click?_t=3D3aca=
56371967418192255878e9689713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8=
b7dAGxRrg-2FGh593VYu8ctbDIFw00mlFU5sHwSGOGxggsQv3Twym9STFpGtdWbo_UCdCv5sRn4=
G3DCcOcrWTwMtiNPDIf3gfskn_3R8-JOb-LIsLE3k1zScC8dQMliH3zbVnSS8NFHFx28f_nyoUt=
qYXhTcbZEOuxc2QrbwSTqbPIgMpvEs2pg-B9p_tx71WMJOeag0sAJCRbcE48-s5PkeUCvPHJE48=
-5stpmwNiP3hxtT3M6P-MDGvMLREy6oKqyFH8xuPT9K659tecpaTvYFm-IPFrzdkrGWD5iOmqvD=
Pxq8vEEET3JBUzikEp5zrsPaUd0lEaQaBj6AWPgwuxmpLLg7n3gDr5D4fFXB9ro38grBCJSUYvG=
Qs6N03" 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=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8b7d=
AGxRrg-2FGh593VYu8ctbDIFw00mlFU5sHwSGOGxggsQv3Twym9STFpGtdWbo_UCdCv5sRn4G3D=
CcOcrWTwMtiNPDIf3gfskn_3R8-JOb-LIsLE3k1zScC8dQMliH3zbVnSS8NFHFx28f_nyoUtqYX=
hTcbZEOuxc2QrbwSTqbPIgMpvEs2pg-B9p_trkYv2RH7cNOwqmmpqrjgbNKdyCwGwP1Q9Spdl5n=
hAYEjh50sChDgVypHodtilZtsfT1jpkvC-wkVZIuvcTqkQdXffqqekxTQjo5ET85dgzYyTBmgik=
XsnZBZxpi7GsGykFdm9kMW6Khv9y3m-vmf5aHO29RoqpbN4_9eCpCTAzp4VeJTjn4cGxHa4TBLr=
Doj" target=3D"_blank" rel=3D"noopener noreferrer" style=3D"display: block;=
 margin: 0px; line-height: 1.2; font-size: 16px; text-decoration: none; col=
or: rgb(255, 255, 255); background-color: rgb(0, 82, 255); border-radius: 3=
0px; text-align: center; padding: 18px 0px;"><strong>Learn about the Lightn=
ing Network</strong></a><!--[if mso]></center></v:textbox></v:roundrect></t=
d></tr></table><![endif]--></div><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> NOW TRADING ON COINBASE </strong></p></td><=
/tr></tbody></table></div><a href=3D"https://links.coinbase.com/a/click?_t=
=3D3aca56371967418192255878e9689713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_=
e=3DdL8b7dAGxRrg-2FGh593VYu8ctbDIFw00mlFU5sHwSGGboZDwT-PrZxgkRs5ZAPbb_F6u7q=
zSH-lVNQA9Zwx-am0KBhlvDfpdFUHoscZLcjM1qEP6xjdBHy-6wvY7F7WWrH2XMv7cYt7UYRGsb=
N35Z9HDJjMWaaNnZRktbDzcuh6ern3gQcr7zlkcG5eM_7hbRcda8LslSSFieL8XE7hq9ZgXnGgD=
3zYkwtA7JntRaerYVQZAJrkK8anjLtzptEufPcSapc4RPbOFRBuD_uwutvOjS-0NxHY-iDXDu60=
HwhzkWBIz0ZflOibfWkTSNS-GDvij_cQ-cwZ3b6Ypo_ABr367J04Wy188Tkru9Yu1Hk%3D" tar=
get=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: b=
reak-word; vertical-align: middle; white-space: nowrap;"><strong>SEI</stron=
g></td><td style=3D"vertical-align: middle; padding-left: 12px;"><img src=
=3D"https://dynamic-assets.coinbase.com/283e49db06409903b711b58b28f307c57fe=
047a761bc7bc15be2d23916dbcf45e640d781e8c763299b3aa2e071b3a4edcbed1c5c0ff5ca=
982898cb38fd73814f/asset_icons/d7e38db90b79eab4b44a1313f8c29d6356895e725cbc=
6e36f4302f987bc95fec.png" width=3D"26" height=3D"26" style=3D"display: bloc=
k; width: 26px; height: 26px; vertical-align: middle;"></td><td style=3D"ve=
rtical-align: middle; text-align: right; width: 100%;"><img src=3D"https://=
d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-b=
d7e-c542cff6dd6a/3aca56371967418192255878e9689713/Newsletter%20Assets/newli=
stings_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;">SEI is the native token of the Sei blockchain net=
work. </p></a><table width=3D"100%" role=3D"presentation" style=3D"table-la=
yout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: col=
lapse; min-width: 100%; text-size-adjust: 100%;"><tbody><tr style=3D"vertic=
al-align: top;"><td valign=3D"top" style=3D"word-break: break-word; vertica=
l-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%" alig=
n=3D"center" role=3D"presentation" style=3D"table-layout: fixed; vertical-a=
lign: 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 answer</strong></p><table style=3D"margin: 12px=
 0px 0px; line-height: 1.6; word-break: break-word;"><tbody><tr><td style=
=3D"padding-right: 12px;"><strong>B</strong></td><td>A layer 2 technology t=
hat=E2=80=99s making bitcoin payments faster and cheaper </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/use=
rs/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca5637196741819225587=
8e9689713/Rebrand%20Assets/coinbase_footer_wordmark.png" alt=3D"Coinbase" h=
eight=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=3D3aca563=
71967418192255878e9689713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8b7d=
AGxRrg-2FGh593VeSGz7xApCfSIGNf3n_xwY3TmNLdKWX_wvXgAyQGUZS_B_EbznOsHrPTRceiP=
W1Oa5HMobK2SqlzVF_wEnZ16doDX2w8meMiDGCz4oWsf_h3X6MWyGNs5lYZldxPiunN_8XTIf8o=
SuB38HeOMds_EoPQi3Nlgkg2swUpWrGGurkCXMwN8bHfHu5SeZg_gZyTYMScX14dm55VBKxpkAI=
pvxL1mH_bV7QkP-PlhhkiS0r2IpBUEJQvGjiqaNF8sbpdxUcmPl2v5k5yNT311WUF1mROVp1plt=
IRZSKzLg0Vy628c3sdmrm0079u5nM1R7e31Ea90707lbAbGj0YX1j6sH-VAJ2rY4EgKr_v983xG=
MXu" title=3D"coinbase ios app" target=3D"_blank" rel=3D"noopener noreferre=
r"><img src=3D"https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrato=
rs/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/3aca56371967418192255878e9689713/Ic=
ons/app_apple.png" alt=3D"Download on iOS App store" height=3D"46" style=3D=
"display: block; height: 46px; margin-right: 8px;"></a></td><td><a href=3D"=
https://links.coinbase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=
=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VaIrMhsqUp1MAt=
9sL3xI60DFP2u4yLCscWmKsBhalRgEXvyUYoZHV5EtAem5IzngM6fyW4u8xgrPOTx_9PeHJIExV=
3GY0puRRKjVAQyTJhMBntGuFKPnA2LJLmdy9i8pY8phivKz067-yLoKYcksMuGPVEAPr4R42C1O=
n2hrRZbBfn91rZbCnHQE80M5J-6qC7TZ8NZ34y1wDhKiNEcc0PzKDNVVAjRYC3QZUrfyqhC80qD=
BYC917WGmnwTGGnWnUzEskdYzUZAupgC-4cSE1wm_6Q9TJpU2GI69_nV12Lm7cRXvWFdJ6Xfk8K=
xp5XWAiDgZoqXoB_reMSV0STqfAZwVeTrx37qG6HZC1XY1B02U" title=3D"coinbase andro=
id app" target=3D"_blank" rel=3D"noopener noreferrer"><img src=3D"https://d=
15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd=
7e-c542cff6dd6a/3aca56371967418192255878e9689713/Icons/app_google.png" alt=
=3D"Download on Google Play" height=3D"46" style=3D"display: block; height:=
 46px;"></a></td></tr></tbody></table><div style=3D"margin-top: 24px;"><p s=
tyle=3D"font-size: 12px; line-height: 1.8; word-break: break-word; color: r=
gb(91, 97, 110);">Disclaimer: This material is the property of Coinbase, In=
c., its parent and affiliates ("Coinbase"). The views and opinions expresse=
d herein are those of the author and do not necessarily reflect the views o=
f Coinbase or its employees and summarizes information and articles with re=
spect to cryptocurrencies or related topics that the author believes may be=
 of interest. This material is for informational purposes only, and is not =
(i) an offer, or solicitation of an offer, to invest in, or to buy or sell,=
 any interests or shares, or to participate in any investment or trading st=
rategy, (ii) intended to provide accounting, legal, or tax advice, or inves=
tment recommendations or (iii) an official statement of Coinbase. No repres=
entation or warranty is made, expressed or implied, with respect to the acc=
uracy or completeness of the information or to the future performance of an=
y digital asset, financial instrument or other market or economic measure. =
The information is believed to be current as of the date indicated on the m=
aterials. Recipients should consult their advisors before making any invest=
ment decision. Coinbase may have financial interests in, or relationships w=
ith, some of the entities and/or publications discussed or otherwise refere=
nced in the materials. Certain links that may be provided in the materials =
are provided for convenience and do not imply Coinbase's endorsement, or ap=
proval of any third-party websites or their content. Coinbase, Inc. is not =
registered or licensed in any capacity with the U.S. Securities and Exchang=
e Commission or the U.S. Commodity Futures Trading Commission.<br><br> =C2=
=A9 Coinbase 2023&nbsp;| Coinbase Europe Limited <br> 70 Sir John Rogerson=
=E2=80=99s Quay | Dublin 2 | D02 R296 | Ireland <br> =C2=A9 Coinbase 2023 |=
 CB Payments, Ltd <br> The Scalpel - 18th Floor | 52 Lime Street | London |=
 EC3M 7AF | UK <br> <a href=3D"https://links.coinbase.com/a/click?_t=3D3aca=
56371967418192255878e9689713&_m=3Dffad1db4b137445c86f3e5c204b4e05d&_e=3DdL8=
b7dAGxRrg-2FGh593VYu8ctbDIFw00mlFU5sHwSEtw1gU13weOnuOV6fB_Ws8GBZG50hIWv8lFn=
VmA83Svb-pQnClvfawxjC2seHTBpvBRfMWc8yrDdoOguDXtZl12bQ6ZgPdbTLUzVIBcZoePVxWA=
1s8cAzTxala938vSFxOFbDc6OqI5AEh5iPSaxM2ASlZUJarMhtSL460R4iWNxibs9OhCr1prekW=
RQitfMJjusFMRtFjUOwI4m3blM5encLIRF1w73IIjR9DDWunFireM5eJQiL8fB75VgejltTZkr8=
0IGk0jmzYfmlQBRzG">www.coinbase.com</a> <br> <a href=3D"https://links.coinb=
ase.com/u/click?_t=3D3aca56371967418192255878e9689713&_m=3Dffad1db4b137445c=
86f3e5c204b4e05d&_e=3DdL8b7dAGxRrg-2FGh593VVLtnqPU8n3NftsktW5kSNHG1OsAL_Heo=
yKHUH8sMjmujn_BN_pxHD4juV2MF1dy5izlsX_KveGyr4ujdMsjqZFSkir9lP7D1Aoa1vVWtSSG=
jmA7pA-u5fI_lsqbnIjdGw3lr-qo_mHEuW82GX7rIeQb82W0Me_WKF1kOAMnh-xeQ-kul17XKte=
6f38V5dkYW3dJJMxfWqI7kDQE89jzLN_DO2uaX7toKLvF8t7PGfgAGOSGbE1BZzDuuHCt2rehWl=
KGd17qLikP1x5KYcxY5vrkHWC2i0fa4wGp9m-bCCmUGRhJXbPCe-xNB8lM9m8lHg%3D%3D">Get=
 in touch</a> <br> <br> CB Payments, Ltd. is authorised by the Financial Co=
nduct Authority under the Electronic Money Regulations 2011 (register numbe=
r 900635) for the issuing of electronic money. <br> <br> Cryptocurrency is =
unregulated in the UK and may gain in value, or lose some or all value. Pro=
fits may be subject to Capital Gains Tax. <br> <br><br> <a style=3D"text-de=
coration:none;" href=3D"https://links.coinbase.com/e/encryptedUnsubscribe?_=
r=3D3aca56371967418192255878e9689713&_s=3Dffad1db4b137445c86f3e5c204b4e05d&=
_t=3Djhw2Ret_aWycNvmoHnM4S8RNKOjbmPvnWFTI4KrhSksBaCSwE-DqiSEtlu87y7mAVRbrg4=
HBq4gn4f_KewUpgNQBfFZwBQ2Et1Ucm_Tebzr4jTXPHJUqtFV0EPFz5JxRy3Qxx_cVI6WVNHyZk=
OOgmPMqWkFFTFOQjMCF3wcH6ZA6trbCtJh6kotBlp6JG-KN">Unsubscribe</a> from futur=
e editions of Coinbase Bytes.</p></div></div></div></div><img alt=3D"" src=
=3D"http://comm.coinbase.com/CI0/0100018a25b5a373-d7752866-3297-489b-8204-9=
395a0576cfc-000000/M7BfhWCElZk-prz6iDKpY_MCXy4G9P4jy4pCZmMYomY=3D315" style=
=3D"display: none; width: 1px; height: 1px;">
</body></html>
------=_Part_20956_1418470399.1692849775193--