Couple weeks till FOMC, odds of rate cuts remains likely as per @Polymarket. Overall risk on assets remain bullish for the short term despite the hawkish move of raising gov bond yield yesterday.
Immillio retweeted
Global equity market sentiment is at euphoric levels:
BofA’s Global Equity Risk-Love indicator jumped to 1.4, its highest in 13 months.
This gauge tracks investors’ positioning, put-call ratios, investor surveys, price technicals, and volatility.
This metric has surged from panic levels to euphoria in just 4 months.
Since 1987, sentiment has only been higher 7% of the time.
These periods include the pre-pandemic rally and the post-pandemic recovery.
Market sentiment is through the roof.
Not “if” but “when” Bitcoin wins. Fascinating theories on what the world will be like from falling treasuries to flipping billionaires to money printers out of toner. Right in the alley of techno-optimists.
Day 2 at #BitcoinAsia, diving into #DAT Bitcoin treasury innovations. Why companies are jumping in: 1. Enhanced liquidity 2. Greater elasticity 3. Volatility-driven revenue 4. Improved leverage ratios.
PPI came in way hotter than expected (3.3% vs 2.5%), definitely an outlier compare to usual range. This has upset the market and swayed Polymarket votes on Fed decision.
Those who’re curious about what it takes to issue stables in HK 🇭🇰
License Requirements:
- HK-incorp.
- HK$25M min. capital
- Full reserve backing
- 1-day redemption
- Company fit
- AML/CFT compliance
- Restricted marketing
Eyes peeled on Aug 1 for results
#Stablecoin #HKMA
Immillio retweeted
In honor of the upcoming ALT SZN I've made a chart that takes us down memory lane...
Remember some of these names? Tokens come and go!! There have been more than 90 tokens that have sat in the top 20 position 👀
→ the combined market cap of the top‑10 non‑stable‑coin tokens (and excluding btc & eth) has grown by more than 50233 % in just 8 years!!! 🤯
→ DOT spent 54 months in the Top 20, maintaining a 53‑month unbroken streak. That's one of the longest runs for a post‑2017 token 🔥
→ Median Polkadot rank = 12. Polkadot Best rank = 5
→ Comebacks are possible! TRON has bounced in and out of the top‑20 four times. LEO 18 times, the most of any token. LTC followed w/ 17 transitions. ATOM 15 times!
→ Across eight years of monthly rankings, just five tokens account for more than a quarter of all Top‑20 placements. (Can you guess which ones?)
The good news... Polkadot HUB and JAM are going to propel DOT back up the rankings!!
Fuzzy input = fuzzy output.
Quality of the idea needs to come from user. Dynamic context and rules does not give AI an edge.
#AGI #AI #Thought
#sharplink #bitmine and #bitdigital have acquired 100,000 #eth each and raising debt to buy more. They will earn yield via Staking, Restaking and DeFi lend. Expecting massive ETH inflows.
#institution #scale #ethereum
Immillio retweeted
🔥 NEW: Coinbase partners with Perplexity AI to deliver real-time crypto market data to traders.
Here comes the clarification 🧐
.@RobinhoodApp CEO has said that their tokens offering equity in @OpenAI aren't technically equity and are backed by the trading app's ownership stake in a special purpose vehicle. By @thesamreynolds.
trib.al/QEwrbKi
It’s not that we don’t have time. It’s that we don’t have time for the things that are really important. There’s always enough time to do what’s really important, but we get caught up doing things that aren’t important.
#thoughts #priorities #dailies