📊 5 Most Important Charts for This Cycle:

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They’ve already released some pretty cool crypto-themed games, and with football (not soccer) season back, their upcoming sportsbook couldn’t be dropping at a better time.

So if you fancy a punt, go have a play. Just remember, as always: gamble responsibly.

GM, welcome to yet another Big Week.

If anyone thought the degens would stop clicking buttons after the 10th October massacre, you`re wrong. Just a few days ago, the markets liquidated $1.2B worth of longs. If there’s some wisdom to take from all this, it’s that no matter how tough it gets, people will keep betting, and the markets will stay alive.

Where do we go from here? Simply put, we`re relatively safe as long as BTC stays above $103k.

This week is highly likely to bring volatility again, though, as we`re heading into the final phase of Trump’s talks with China, and there’s plenty of daily macro data coming on top.

So, who’s going to be right? Andrew Tate calling for $26k BTC, or the legendary Bollinger, seeing a W bottom on ETH/USD? I think I have my idea.

Two charts to watch out for from here are definitely the BTC/GOLD chart, and USDT dominance. For now, we might just be saved from the worst. I’m keeping optimistic.

On top of these, note that multiple long-term bottom signals are flashing. For example, the BTC daily RSI is the lowest since the tariff drama peak during April. Also, aggregated BTC order books show demand for the first time since April as well.

We’re early in the week, so it’s no time to celebrate just yet. But overall, I align with the takeaways Rektiomedes presented yesterday. In short: higher, for longer. Let’s see.

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The important bits.

• Giza Pulse now reached 1,000 ETH under agent, read here

• fomo app is more like Twitch than it is X, read why here

• Magic Eden launches Pokémon pack quests, read here

• HyperEVM is now live on Backpack Wallet, read here

• MegaETH announces they have bought back 4.75% of the company from early investors, read here

• HyperSwap TGE is going live today, read here

Even more important bits.

• Alon of PumpFun is teasing that something big is coming, see here

• Jeff explains the Hyperliquid ADL FUD, read here

• SEC Chair says the US is a decade behind on crypto and catching up is "job one", read here

• The US Government is now on track to shut down for more than 40 days, read here

• Arthur Hayes` Family Fund seeks $250M for buyout fund, read here

• Reddit, Hulu, EA, Max, Xbox, and even Coinbase went down earlier today due to an AWS outage, read here

• Dankrad Feist is leaving the Ethereum Foundation to join Tempo, read here

• Swiss regulator GESPA has filed a criminal complaint against FIFA’s World Cup NFT platform, read here

Charts and stats of the day.

• Robinhood has tokenized nearly 500 US stocks & ETFs worth $8.5M on Arbitrum, read here

• Top 50 altcoins now trading BELOW where they were post-FTX crash in 2022, read here

• The number of Transactions sending Altcoins into exchanges has hit a new YTD high, read here

• BTC Liquidity is rising again for the first time since July, read here

• Traders are switching from Hyperliquid to Lighter, chart here

Don’t miss out on the daily blocmates news bulletin with Gaz! Tune in here.

Will history repeat? I mean, I wouldn`t be mad if this was the case again:

Telemetry data of the day.

PumpFun + Heaven + Bonk trending tokens for the last 24h:

If you want to access more of this type of data and trade freshly graduated tokens on PumpFun of Bonk, visit Telemetry here (it`s free).

SEDA: The Chainlink of Hyperliquid?

Even during the most challenging times, exciting projects continue to emerge.

You can think of SEDA as a Chainlink for all HIP-3 markets. As we have noted in past newsletters, HIP-3 markets are already being developed and published, and they’re huge (consider Ventuals as an example).

All of these markets need price feeds. That`s where SEDA comes in. What’s interesting here are the tokenomics: all HIP-3 markets will burn SEDA. You can read more on this below:

• ETHGas (Gas Rebates) - Gas spend checker is now live

• Rumpel Labs (Hyperliquid point market)

• Duffle (Onchain Bank)

• Legend Trade (PVP trading on MegaETH)

To save you doom scrolling.

Not a funny one, but these aren't exactly funny times. Let`s watch something useful instead:

There we have it. The times are tight, and there are a lot of questions yet to be answered. Stay tuned, we’ll take it day by day as always.

I have a feeling things might turn out better than most expect (for now).

stay safe homies,

Hix0n 🫡