Rekt on it again! Hope I get to put in a real-life work out with you💪🏻🔥
Crypto Stuff I'm Looking At Today .... - $BTC back below 100k - Bitcoin Fear & Greed Index at 16(!) - Altcoin Season Index at 39 (again, this just measures how many of the top 100 alts are outperforming Bitcoin on the 90 day) - Circle may apparently create a native (gas) token for its new chain 'Arc' - Velodrome and Aerodome to merge into one protocol, called 'Aero' (link below to more info) - Fantasy Top is shutting down (or partially shutting down, at least), eliciting a wide range of responses from extremely negative to extremely positive (link below) - Uniswap $UNI fee stuff getting lots of attention - Lido $LDO apparently considering something similar via 'enshrined buybacks' - Next FOMC Meeting (Fed interest rate decision) and CPI (inflation data) release are on same day interestingly - December 10th - Federal Reserve is apparently 'fractured' over whether to cut rates in December... though by May of next year good ol' Jerome is gonna be out anyway and Trump/Bessent can put some dove in there and cut rates as low as they want them... - ETF proliferation continues, with even memecoin $MOG seeing a filing - Fastest-growing chains on the weekly by stablecoin inflow % were Taiko, Plasma, and Story - Top dex's by 7 day volume were Pancakeswap, Uniswap, and HumidiFi - Rumors that Revolut could launch its own chain - Neutrl goes live - Circle $CRCL also beat Q3 earnings estimates this week, though impending rate cuts not looking very positive for them in that regard directionally... - Lots of prospective crypto IPO's on the table for next year (link below) - Injective launches EVM support - As I mentioned the other day, both of Maple Finance's yield-bearing dollar assets- $syrupUSDC and $syrupUSDT- are now in the coingecko Top 100 - Seeing smart airdrop-enthusiast friends talking about Hylo a lot (link below) - Economic sentiments on the ground among regular Americans continue to deteriorate... I notice it IRL and I think you see it on social media as well... seems to me whatever happens over next few years we are going to see all sorts of dovish fiscal/monetary measures in response... basically massive money printer go brr in one way or another... Conclusion Keep on keeping on lads, this too shall pass 💪 Before you know it we will be back at ATH's and degeneracy shall reign and everyone will feel like geniuses again :) Think we bottom within next 2-3 weeks (likely if/when the Supreme Court overturns Trump's tariffs) then we run it up turbo to new ATH's... Whatever bumps we see along the way though, the ultimate destination remains Valhalla 🫡
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