Rekt on it again!
Hope I get to put in a real-life work out with youđȘđ»đ„
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 đȘ
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 đ«Ą




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