There are currently lots of macro cross currents this week, but if it was on a calm day, $BTC would be rallying right now off the news that Kamala has picked Governor Walz. This is because the probability of Trump winning the election should be going up, because the Democratic

$100M+ in Polymarket volume already in August That's more than total NFT volume on all chains

One is the talking points from Tim Copeland ‘s first edition of his new podcast. theblock.co/post/309835/th… x.com/gsr_io/status/…

Goooaal!! 🥅 .. i mean Soool!

What?! only 76%.. We need better education for the leaders of tomorrow

“We do think at some point we’re going to have a fierce rip higher in crypto where prices rebound, but first we need to have the shorts unwind,” Rich Rosenblum told MarketWatch this week. marketwatch.com/amp/story/whet…

Pretty, pretty correlated..

1/ GSR’s Brian Rudick (Brian Rudick) discusses the recent market meltdown in @Coindesk, how towering bull tenets and fading risks could propel #Bitcoin to $1m, and why the recent dip is a gift, all combining to make #cryptocurrency’s risk-reward its most compelling in years

Of the 3 types of uncertainty that caused the Aug 5th crash and correlation to spike, the recent calm is benefiting equities more than crypto (1) Rate uncertainty has faded 25bps is priced into September This is good for markets Not as good for BTC (2) Iran has taken its

Mike Dudas Similarly, will adoption create organic demand, elevating your network value? Or will the token merely serve as more of a mascot, disconnected from fundamentals

Strap in.. these next few months will define the industry. The head of our research team Brian Rudick is our ‘compass’ as far as crypto fundamentals go, including market direction. This is the most bullish he has ever been on $BTC.

🧵A few notable news items we're watching to start the week 👀 1) Robin Linus released #BitVM2, the 2nd iteration of his method enabling arbitrary computation on Bitcoin without requiring a soft fork - via CoinDesk coindesk.com/tech/2024/08/1…

The Bloomberg terminal now has a crypto prediction market. Imagine saying that in 2019.

The Summer doldrums are about to end, as major catalysts lie on the near horizon; On Sept 18th, Fed Funds will drop for the first time since the emergency move in March 2020. There is roughly a 50/50 chance of a 25bp vs a 50bp cut. And for the election 48 days later, there's