ephemeral games

https://fxtwitter.com/decentralisedco/status/1834563113901007091?s=46&t=nluSw7cwYGx8zFxfoYi5Iw

think moonshot will lead the next wave of risk on, not pump fun

you are incentivized to hold as an early buyer on top of other perks

more people are slowly turning towards it

On September 13, the total net inflow of Bitcoin spot ETFs was $263 million. Grayscale ETF GBTC inflow was $6.6639 million, Fidelity ETF FBTC inflow was $102 million, and ARKB inflow was $99.2741 million. — link

On September 13, the total net inflow of Ethereum spot ETFs was $1.5228 million.
Grayscale ETF ETHE had an outflow of $7.3609 million, Bitwise ETF ETHW had an inflow of $5.2138 million, and BlackRock ETF ETHA had an inflow of $3.6699 million. — link

dith

refreshing format to crypto topics

short vid on eigenDA

https://x.com/sracha_z/status/1834268097408368938

- A global threat is ongoing, whereby malware is altering users’ cryptocurrency withdrawal addresses, leading to significant financial losses for victims.

- Binance's security team is identifying and blacklisting suspicious addresses, informing affected users, and monitoring and counteracting these threats.

- They recommend that users verify the authenticity of apps and plugins, double-check withdrawal addresses, and stay informed to protect themselves from this scam.

Source.

ANALYSIS: Fiat-Backed Stablecoin Marketplace Breaks Records — Cryptorank Data.

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payment market will continue growing as stablecoins keeps pushing

as we've read here, stablecoins aren't just used for trading collateral as global folks hold it for various reasons

easing access and usage of these dormant stablecoins would be bullish

just trying to figure out a way to capture upside

also good to note that stablecoin mc probably lost its strength as a bull cycle indicator since an increasing number people hold them for non trading collateral reasons

sidelined capital not so sidelined anymore

#reads depin

https://www.compound.vc/writing/depin

No specific thoughts, I think focusing on rate cut pa is abit missing forest for the trees bc

1. There will be more rate cuts (catalysts) in Nov and Dec
2. Yes next week’s rate cuts are priced in at this point so probably will see more volatility next week or 2 but to me sellers have exhausted at this point
3. Main sellers of Bitcoin is miners. Their BTC balance tend to dump into halving block and it has already bottomed out like in Aug. In fact miner balancers are trending up slowly
4. “Black swan” events like Yen carry trade, war around the world etc are known at this point and market participants are pricing in with this knowledge in mind, so it’s not really black swan anymore. Black swan means no one can anticipate or predict it in any way or form
5. Money markets supply at ATHs. Meaning there are way more capital waiting to be deployed vs already exposed to market risk, so imo only way is they deploy in the months to come
6. Whole market positioning have been reset after this 6 months chop. Market feels more at equilibrium at 55k-60k zone. (Funding reset, OI down massively since March, alts mostly down 70% and have flattened)

So I consider post rate cut pa to be noise. I mean it really depends what you want, if it’s just a trade then yeah it makes sense, but investing wise Q4 will be the main rally imo

I believe we'll have a clearer picture after next week’s FOMC meeting and the quarterly expiry when gamma rolls off. At that point, I would expect stocks to correct, potentially dragging Bitcoin down with them. As mentioned on Monday, there’s a chance for improved trading this week until the FOMC decision, providing better levels for shorts to enter. I'm inclined to think that risk assets will sell off as we approach the election in November, despite the typical bullish sentiment for Bitcoin during October—something we also noted last year, though it was under different market conditions. I anticipate that Harris will win the election, and at some point, the market should start factoring in potential changes, such as higher corporate taxes.

selloff on the first rate cuts for 2 weeks at least

popcat/wif/pepe
sui/sei
tia/dym/saga
prime/tao

i’m already long tia, hawking sui/sei, spot popcat

time to watch the rest

dym/saga chart is cancerous to trade tho

RESEARCH: NIGHT OWLS, OR ADULTS WHO STAY UP LATE AND HAVE A PREFERENCE FOR EVENING ACTIVITY, GENERALLY PERFORMED BETTER ON COGNITIVE TESTS THAN PEOPLE WHO ARE MORNING-ORIENTED, ACCORDING TO STUDY BY IMPERIAL COLLEGE. ...