Hello Magicians,
The BNV Magic Farm is live, stake $FASH and earn liquid, real-time rewards while BNV powers the AI x SocialFi fashion economy.
Join the BNV Magic Farm: https://magicsquare.io/staking/farms/bnv
Meanwhile, XRP rewards go mainstream, Solana scores a $400M treasury backer, and Bitcoin options traders are hedging big ahead of expiry. Let’s break it down.
Crypto Market Recap
Gemini & Ripple Launch XRP Credit Card
Gemini and Ripple teamed up to launch a special-edition XRP credit card that offers up to 4% back in XRP on everyday purchases, plus a $200 bonus for new users. The card also supports Ripple’s RLUSD stablecoin, giving U.S. consumers more ways to spend and earn crypto. With Ripple backing Gemini’s IPO and XRP outperforming other rewards options, the “XRP Army” just got a new weapon.
Sharps Technology Bets $400M on Solana
From syringes to SOL: Sharps Technology announced a $400M pivot into building the largest Solana treasury on record. Backed by Pantera, ParaFi, and FalconX, the firm plans to leverage staking yields and position Solana as its new corporate backbone. Shares surged 60% on the news, proving TradFi loves a bold crypto pivot.
$14.6B BTC & ETH Options Expiry Looms
Last Friday, over $14.6B in Bitcoin and Ether options expire on Deribit. Traders are leaning bearish on BTC, loading up on puts near $110K, while ETH positioning looks more balanced. With “max pain” levels at $116K for BTC and $3,800 for ETH, the expiry could set the tone for September. Buckle up, volatility’s on the menu.
Web3 Apps You Should Know About
- Noon Capital (Yield Farming): Intelligent and fair yield-generating stablecoin - Visit App
- MultichainZ (DeFi Lending): Cross-chain lending layer on Plume - Visit App
Magic Board
The Magic Board is buzzing with new ways to earn Karma! From social tasks to quizzes. Knock out tasks, rack up Karma, and get closer to climb the leaderboard.
Explore Magic Board
Hot Offer Shoutout
What’s New at Magic Square
BNV Magic Farm is Live
- Stake $FASH on Optimism and farm $10,000 in rewards.
- Real-time, block-by-block earnings
- Highest APR at launch
- APR boosts for upgraded Magic Members
Start Farming: https://magicsquare.io/staking/farms/bnv
Moonray Magic Farm: Half-Time Reminder
Still time to stake $MNRY in the sci-fi battle arena and earn your share of 2,713,895 tokens before September 14.
Stake $MNRY: https://magicsquare.io/staking/farms/
Tip of the Week: Why Your Validation Votes Matter
Project Validation isn’t just a way to earn Karma, it shapes the entire Web3 ecosystem. By reviewing and voting, you:
- Ensure only quality, secure, and innovative projects reach the Magic Store
- Help set standards for what Web3 apps should deliver
- Influence the long-term health of the ecosystem, not just today’s rewards
Every vote makes the Magic Store stronger, and every validator helps shape the future of Web3.
Meme Break
“HODL is not financial advice, it’s a lifestyle.”
Got Questions? We’ve Got Answers!
Ask Mystic AI or join the discussion: Discord | Telegram
Until next time, keep stacking Karma, staking smart, and staying ahead in Web3.
— The Magic Square Team
