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That's audible.com slash Wondery UK. You'll continue to see a lot more new users join

crypto because of stable coins and activity around that

versus some of these other use cases. Not to say that GameFi won't onboard lots of users.

Just so far, I think stablecoins have been the biggest source of new sort of users and new introductions

to crypto.

It's Monday, July 8th, and this is Markets Daily, a show where we get into the minds of some of the most experienced and smartest, investors, CEOs, analysts, founders, researchers, and anyone with a hot or smart take on the markets.

Now, before we get into

our discussion today, you know what we're going to do. We're going to take a look at what's

going on in the news this morning. We saw a little bit of a crypto crash over the weekend. The CD20

index was down 7% and Bitcoin was in the red 5%. This morning, nearly all assets in the CD20 were

flashing red, suffering even bigger losses than Bitcoin.

Either was down 5.8 percent, sold down almost 8, and XRP down 7%.

Now, if we zoom out and take a look at macro events, city research is predicting eight federal reserve cuts starting in September through July next year.

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