eshu4u (@vaginafuneral) โข Hey
Wanderlust
Publications
- ๐ Markets this month:
1. Tech stocks are falling like the AI bubble has popped
2. All other stocks are rising like we are in a bull market
3. Gold prices are rising like we are entering World War 3
4. Bond prices are falling like everything is completely fine
5. Oil prices are rising like inflation is heading to 5%
6. US Dollar is rising like inflation is completely gone
- ๐บ๐ธ MAJORITY OF U.S. HOUSE VOTES IN FAVOR OF BILL TO EFFECTIVELY BAN TIKTOK IN THE USA
- โช๏ธ BitMEX co-founder sued for alleged crypto price manipulation.
Users of #BitMEX exchange are suing co-founder Ben Delo in a class-action lawsuit for allegedly manipulating cryptocurrency prices.
- โก๏ธ Bitfinex Launches #Bitcoin and #Ether Volatility Futures.
Bitfinex, a popular crypto exchange, introduces new volatility futures for Bitcoin and Ether to navigate through market uncertainty.
- 2013 - You missed $BTC
2014 - You missed $DOGE
2015 - You missed $XRP
2016 - You missed $ETH
2017 - You missed $ADA
2018 - You missed $BNB
2019 - You missed $LINK
2020 - You missed $DOT
2021 - You missed $SHIB
2022 - You missed $USDT
2023 - You missed $PEPE
In 2024, don't miss $____
#1000xgem for #BULLRUN2024 ๐
- ๐ The total locked-up volume of Layer2 hits ALL Time High ๐
According to L2beat data , the total amount locked in Layer 2 networks has risen to a historical high of $ 15.04 billion.
ArbitrumOne has the highest amount locked with 53% market share.
- ๐ฐ Ether could hit $8,000 by end-2026, Standard Chartered has said.
- ๐ฃ Animoca Brands has announced the acquisition of Web3 streaming platform Azarus.
The price for the acquisition of the majority stake wasnโt disclosed.
- ๐ฎ๐ฑ Israel announced that it had withdrawn all its diplomats from Turkey.
- ๐SPOT GOLD RISES TO $2,000/OZ FOR FIRST TIME SINCE MAY
- ๐ฏ๐ตJapanese Yen falls to lowest level against the U.S. Dollar in more than 33 years
- ๐ฅ Peak Price of Bitcoin Every Year:
2015: $465
2016: $977
2017: $19,665
2018: $18,344
2019: $12,996
2020: $28,837
2021: $67,617
2022: $47,816
2023: $35,066 (Year to Date)
- ๐ฃ Meta, $META, has been sued by dozens of states for allegedly harming the mental health of kids and teens, per Techcrunch
- โก๏ธ Uniswap front-end transaction fees hit $210,000
Since 7 Days #Uniswap Labs has started charging 0.15% exchange (swap) fee for certain tokens in its web applications.
- ๐ Key Events This Week:
1. Building Permits - Wednesday
2. New Home Sales - Wednesday
3. Fed Chair Powell Speaks - Wednesday
4. Q3 2023 GDP - Thursday
5. Pending Home Sales - Thursday
6. September PCE Inflation data - Friday
- ๐ฎ๐ณ India GDP 2000: $468 billion
๐ฎ๐ณ India GDP 2023: $3.74 trillion
- JUST IN: ๐บ๐ธ President Biden asks Congress for $61 billion in funding for Ukraine and $14 billion for Israel.
Money printer ๐จ๏ธ brrrr ๐ค๐ค
- ๐จ๐จ๐จ Aptos blockchain has down for more than four hours.
The #AptoScan block explorer reports a halt in on-chain transactions on the Move language blockchain, #Aptos, at block 104621314 Marking over four hours of inactivity.
- โก๏ธ Breaking: The #Lido community proposes ending the Lido project on #Polygon ๐ฐ
Due to recent technical challenges, an unclear Polygon roadmap, and the absence of other staking providers. The recommendation is to concentrate on a native #ETH liquid staking provider.
- ๐จ๐จ๐จ#Binance US just announced it will no longer allow fiat withdrawals!!!!!
Only withdrawals in crypto or stable coin will be redeemed!!!!!
- ๐ฐ The unlocking of 15.60 million
$APE coins, accounting for 4.23% of the circulating supply, has been completed, resulting in a total value of $16.87 million.
- ๐ฌ๐ง UK minister pushes regulator to soften approach to #crypto advertising
A UK minister of parliament recently wrote to the Financial Conduct Authority (#FCA) urging the regulator to take a softer line on crypto firms as they adjust to the new advertising rules.
- ๐ Upcoming Token Unlocks ๐
Next week, keep an eye on these tokens with significant unlock amounts:
- Axie Infinity - $65.16M
- BitDAO - $58.6M
- Uniswap - $34.03M
- Tribal - $29.83M
- ApeCoin - $16.15M
- Flow - $7.75M
- Lazio Fan Token - $5.15M
- ๐ฆ JPMorgan Forecasts 20% Bitcoin Hash Rate Drop๐ by April 2024.
JPMorgan has released a report forecasting a potential 20% decline in the Bitcoin Network Hash Rate following the Bitcoin halving in April 2024.
โWe estimate as much as 80 EH/s (or 20% of the network hashrate) could be removed at the next halving (April โ24) as less-efficient hardware is decommissioned,โ
- ๐ World's biggest economies in 2075, projected by Goldman Sachs:
๐จ๐ณ China: $57 trillion
๐ฎ๐ณ India: $52.5 trillion
๐บ๐ธ United States: $51.5 trillion
๐ฎ๐ฉ Indonesia: $13.7 trillion
๐ณ๐ฌ Nigeria: $13.1 trillion
๐ต๐ฐ Pakistan: $12.3 trillion
๐ช๐ฌ Egypt: $10.4 trillion
๐ง๐ท Brazil: $8.7 trillion
๐ฉ๐ช Germany: $8.1 trillion
๐ฒ๐ฝ Mexico: $7.6 trillion
๐ฌ๐ง UK: $7.6 trillion
๐ฏ๐ต Japan: $7.5 trillion
๐ท๐บ Russia: $6.9 trillion
๐ต๐ญ Philippines: $6.6 trillion
๐ซ๐ท France: $6.5 trillion
- ๐ฆ #Netflixโs animation unit will undergo a restructuring๐, resulting in job cuts and the shutdown of two films currently in pre-production.
As a result, #Netflix is looking to recruit outside producers to keep its animated content volume consistent - Variety
- ๐ฐ Stablecoin Market Hits 2-Year Lows In Terms Of Market Cap.
Significant events in the #crypto sector occurred in September with regard to stablecoins.
According to researcher CCData, one notable pattern was the #stablecoin market capitalizationโs 18th consecutive month of decline, which culminated in a new low of $124 billion.
- ๐ต Vitalik Buterin Proposes Decentralized Solutions and Enhanced Security for Ethereum Staking
- ๐ฐ This Hasnโt Happened to Ethereum Since 2018, BULLISH For #ETH ๐
- Ether (ETH) on exchanges hits its lowest since May 2018;
- 115.88M ETH now outside centralized platforms.
- 110,000 ETH moved off exchanges on October 4, suggesting reduced selling pressure.
Such moves are typically seen as bullish for the assetโs valuation since they reduce selling pressure!!
- ๐ข #Celsius Commits To Massive Crypto Repayment: $2 Billion ๐ฐ To Creditors By 2023โs End.
#Celsius Network, a bankrupt digital asset lender, has revealed plans to begin repaying creditors using billions of dollars in #crypto assets before the yearโs end.
The company presented a restructuring plan, outlined in a recent filing to a #US bankruptcy court, which aims to generate funds for a new corporate spinoff known as #NewCo and facilitate customer repayments.
- ๐ฐ Bullish on #BTC in the short run, but only if it manages to break and hold above the $27k resistance.
That's where the trendline and the 200/50 EMA resistance at $27k ๐
Holding shorts from multiple levels between $26.5k - $31k.
- ๐ฐ Unclaimed #ARB airdrop of 69,448,385.46 ARB Tokens ( $56.5 million) has been transferred back to the Arbitrum Foundation.
Currently the Arbitrum Foundation: DAO Treasury has a total of 3.59 billion ARB, worth approximately $2.92 billion.
- ๐จJUST IN ๐จ :
Arkham Intelligence Reports #Coinbase Holds 1 Million #Bitcoin ๐ฐ
Equal to Nearly 5% of Total Supply and Almost Matching Satoshi's Holdings.
- BREAKING: ๐ฌ๐ง The UK will push back the ban on buying new petrol and diesel cars by five years to 2035, per BBC.
- ๐ข๏ธGoldmanย Raises Brent Oil Forecast to $100 as Rally Builds
- JUST IN: ๐บ๐ธ SEC asks the court to order an inspection into Binance US.
- ๐จBreaking: The Federal Reserve skips a rate hike and maintains the Fed Funds rate at 5.50%.
- ๐บ๐ธ The U.S. Now Has:
1. Record $17.1 trillion in household debt
2. Record $12.0 trillion in mortgages
3. Record null.6 trillion in auto loans
4. Record null.6 trillion in student loans
5. Record null.0 trillion in credit card debt
The average house payment is about to hit $3,000/month for the first time in history.
All as oil prices are up ~40% in 3 months, mortgage rates hit 7.5% and credit card rates are at a record 25%.
Borrowing more debt is not the solution to high inflation.
This is unsustainable.
- ๐ฐ OP stack adoption is growing.
ใCumulative TVL of chains built with OP Stack is close to $3 billion
ใThere are already 5 chains in the testnet stage.
ใAdditionally 6 chains announced plans to introduce OP Stack
- ๐๐๐ 299,998 ETH (486,482,166 USD) transferred from unknown wallet to Coinbase, 15 Minute ago
- GREYSCALE WINS THE LAWSUIT AGAINST THE SEC. Converting its fund to a spot #Bitcoin ETF ๐ฏ
This changes a lot now, to be honest, in the space. Other ETF applicants are drooling at the mouth now.
- ๐บ๐ธ FED SPEAKERS THIS WEEK:
FOMC MEMBER BOWMAN (TUES. 2:30PM)
FOMC MEMBER GOOLSBEE (TUES. 3:00PM)
FOMC MEMBER BARKIN (THURS. 12:00PM)
FOMC MEMBER HARKER (FRI. 9:30AM)
FED CHAIR POWELL (FRI. 10:05AM)
- ๐๐๐ Over null.02 billion liquidated from the crypto market in the last 24 hour, according to Coinglass.
- ๐ฌ๐ง UK unemployment rate rises to 4.2%, the highest since 2021.
- โ๏ธ Micheal Burry (the Big Short) just made it public that he is shorting the markets with 93% of his portfolio.
- ๐ฐ Binance has announced the 36th and 37th projects on Binance Launchpool โ Sei (SEI) and CyberConnect (CYBER).
- #Stablecoins have seen a drastic change in market share year-to-date:
$USDT went from 49.48% to 68.87% ๐
$USDC went from 33.27% to 21.91% ๐
$BUSD went from 12.36% to 3.13% ๐
$DAI went from 4.29% to 3.76% ๐
$TUSD went from 0.56% to 2.31% ๐
- ๐ Twitter Set To Lose Up To $20 Billion In Brand Value After Elon Musk's Decision To Rebrand It As X
- ๐ According to the latest IMF projections, Germany is the only advanced economy of those covered in the data, projected to have negative real GDP growth in 2023. Not good.
- I warn you.
Do NOT FOMO to buy now.
$BTC could still continue dropping more.
To 27-28k soon.
Be patient.
The pullback is not going to happen in a day.
Good things will come to those who wait.