While people spreading FUD about a $eth ICO seller, another fund quietly bought 56,093 ETH using $129.3M USDC at an average price of $2,305 during the August 5 crash. Yesterday, they added another $66M worth of ETH to their holdings.

Visa Introduces the Visa Tokenized Asset Platform - BSW

NFP day, Bitcoin Performance during NFP since 2024 start.

JPM breakdown for nfp play...

Week Ahead 08/10 - 13/10

Project Updates:

Oct. 7: FTX court hearing to determine date of $16b cash distribution
Oct. 8: HBO documentary claiming to reveal Satoshi Nakamoto's identity
Oct. 8: Saga ($SAGA) Vault Five distribution
Oct. 8: NvirWorld ($NVIR) launches Neural Coin on Nural Network
Oct. 9: DEAPCOIN ($DEP) service enhancement update
Oct. 9: Stacks ($STX) initiates Nakamoto upgrade sequence
Oct. 10: Gods Unchained ($GODS) releases new expansion "The Tower of Dread"
Oct. 13: Dash ($DASH) releases new privacy features for mobile wallet
Mantra ($OM) scheduled to go live on mainnet this week.

Token Unlocks:
Oct8-14: $APT - $99.30M (2.25% of supply)
Oct8-14: $SOL - $78.57M (0.11% of supply)
Oct8-14: $WLD - $74.45M (7.32% of supply)
Oct8-14: $TAO - $46.17M (0.97% of supply)
Oct8-14: $OP - $21.08M (0.99% of supply)
Oct8-14: $TAIKO - $19.80M (15.62% of supply)

Macro:
Oct9: FOMC minutes
Oct10: CPI report release. Expected: 2.3%
China's stock market has surged 20% in a matter of days. This comes as China starts large stimulus.

Bitcoin Price on October 07:
2015: 246 $
2016: 613 $
2017: 4369 $
2018: 6591 $
2019: 7989 $
2020: 10603 $
2021: 55339 $
2022: 19958 $
2023: 27947 $ (Bear market wo/ ETF)
2024: 63000 $ (With ETF)

What are the top-performing sectors in the last 1 year?

Ethereum Killers (which are L1s, e.g., $SUI)
memes (top performers since last bull run)

Worst performers:
defi, metaverse, l2, lsd.

Meanwhile, majors:
btc did 112%, eth 232% returns.

Correlation btw sectors.

^ great returns coming with great risk, memes having highest volatility across all sectors but at the same time memes outperformed all the sectors. Secondly eth killers with low vol but almost similar returns.

The Ethereum Foundation address deposited 1,200 ETH to Bitstamp 20 minutes ago, worth approximately $3.03 million.

https://platform.arkhamintelligence.com/explorer/address/0xa951A1BCBbD1bEE2cc35CFd96Dcf9d101e630c40

67% of hedge funds trading in traditional markets have been involved in digital assets, up from 29% in 2023 and 37% in 2022. Of the funds that have already invested in crypto, 67% plan to maintain the same level of crypto capital, while the remaining funds plan to increase investment by the end of 2024.

https://www.bloomberg.com/news/articles/2024-10-10/almost-half-of-traditional-hedge-funds-are-dabbling-in-crypto?

CPI day

sept cpi forecasts ^.. est; 2.3%

grayscale Non-GBTC/ETHE Crypto Assets: $1B AUM

Week Ahead 14/10 | 21/10

Oct 14: PUFFER - Primary listing
Oct 14: $UNI - Uniswap Foundation roadmap dive
Oct 14: Litentry LIT - TON Mini App Launch
Oct 15: WLFI - Token sale
Oct 15: $AVAX - Avalanche Summit & Off The Grid game
Oct 15: $DEAI - Cypher blockchain testnet
Oct 15: MESSIER M87 - Adastra Launch
Oct 15: DUSK - Mainnet launch
Oct 16: $FXS - frxETH V2 launch
Oct 16: Immutable X IMX - Frostmire Expansion
Oct 16: Guild of Guardians GOG - Frostmire Launch
Oct 16: HashAI - Node Rental Service Launch
Oct 16: Guild of Guardians $GOG - New Game Character Release
Oct 17: DBR - Token release
Oct 21: GRASS - Airdrop checker
Oct 21: TAP - Token release
Oct 21: SCR - Token release
Oct 21: Equilibria XEQ - bXEQ Token launch on BSC

Macro:
None

Approximately $500 million in tokens will unlock this week, including:

$WLD ($85M), $ARB ($51M), $EIGEN ($40M), $AXS ($43M)
Taiko: $18M (15% of supply)

With a significant portion allocated to project teams and early investors...