SPOT GOLD JUMPS 0.9% TO RECORD HIGH OF $3,565.36/OZ
(@WalterBloomberg)

nice objective piece by a lifelong collector and crypto native on why TCG meta might/might not work

https://fxtwitter.com/simplepeanut3/status/1963196243020300478

i think after reading this, the main trade is the repricing and giving crypto natives some form of exposure to the tcg market

this tcg meta will mostly be crypto native led, not real tcg collectors/users

not much of a moat on being onchain v web2/irl (for real collectors) because having the physical aspects matters a lot + there are already popular web2 vault options

markets can be more irrational than expected ofc, so there is always still upside as speculators fomo in for tcg exposure

but importantly it will be crypto native led for onchain stuff

we are the saylor/tom lee that the tcg community has been waiting for

gl

its nice to get povs from actual collectors, instead of the usual crypto natives that sell you valuation dreams

but anyw this cycle its just the 21 of us in the same boxing ring as always

DON’T FEAR SEPTEMBER OR RECORD HIGHS: UBS

The S&P 500 dipped 0.7% to start September, historically the weakest month for stocks. UBS noted the index has fallen in six of the past 10 Septembers, averaging a 2% decline. Still, the bank advises investors not to fear seasonal weakness or record highs.

UBS expects the S&P 500 to reach 6,800 by mid-2026, supported by:

1. Strong earnings momentum (81% beat Q2 estimates).

2. Anticipated Fed rate cuts of 100 bps over the next four meetings.

3. Long-term AI-driven growth, with global AI capex projected at $500B by 2026.

Since 1960, the S&P has delivered 12% returns on average in the year after an all-time high, and 38% over three years.
(@WalterBloomberg)

why not lets just all launch tokens at this point

https://fxtwitter.com/IAmAboutToBust/status/1963190726906585570

“living someone else’s dream but trapped in your own nightmare”

perspective and gratefulness

Mega Matrix (NYSE:MPU) files $2B shelf to fund stablecoin governance token strategy, with $ENA as a primary target. — Link

NASDAQ STEPS UP SCRUTINY OF COMPANIES LOADING UP ON CRYPTO- THE INFORMATION
(@WalterBloomberg)