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🥁 Memorial of Jesse Xiong (1995-2023)

Remembering our blockchain innovator

Author

The BEN Team
May 29, 2024

Read time: 4 minutes

GM fam! Never a quiet day in crypto 🥁 Here’s the playlist for today:

  • Ethereum ETFs 💠

  • Top News 🗞️

  • Upcoming Events 💫

  • Tweet of the Week 🐦

  • New Remote Jobs 💼

  • Resources to Get Crypto Smart 🧠

Before we dive in, let’s take a moment to remember Jesse Xiong (1995-2023) 🕊️

Jesse wasn't just our Global Director of Community at BEN but also a friend and mentor whose energy and creativity knew no bounds. 🚀

Jesse transformed blockchain into something fun and accessible, launching initiatives like BlockHack 🛠️ and organizing the first-ever Delaware Blockchain Hackathon in 2018. His ability to light up a room and inspire with his contagious laughter and innovative ideas made every event memorable.

We all remember his passion for music and how he could switch from discussing blockchain trends to sharing his latest DJ tracks. That blend of arts and tech made his approach uniquely Jesse—creative, engaging, and always inspiring.

Jesse taught us to think big, laugh often, and dive deep into our passions. As we continue to grow at BEN, we carry his spirit with us—innovative, inclusive, and a little bit revolutionary. ✨

Ethereum ETFs Were Approved — So Why Isn’t Ether’s Price Soaring? 📉

Despite the SEC's recent approval of Ethereum ETFs, Ether's price hasn’t surged as expected, remaining around $3,840.

Here’s why:

1/1 Inflation concerns persist, and with the U.S. manufacturing sector heating up, inflation rates are staying high. 🔥

1/2 This economic condition compels the Federal Reserve to sustain higher interest rates to manage inflation, which, in turn, boosts the appeal of lower-risk investments. 💸

1/3 Assets like U.S. Treasuries offer predictable returns, drawing investors away from more volatile investments like cryptocurrencies. 🏦

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Top News 🗞️

Upcoming Events 💫

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Tweet of the Week 🐦

New Remote Jobs 💼

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Disclaimer: This newsletter is purely educational and is not intended to be financial advice. Please don't take it as such. This is not an invitation to buy or sell digital assets, nor does it suggest how you should make financial decisions. Always do your own research.