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- Bitcoin to $120,000 During WW3? Seems Like it.
Bitcoin to $120,000 During WW3? Seems Like it.
PLUS is Sophon the next big entertainment layer
Before we jump in, make sure to check out the Meal Deal:
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GM, we pray for peace.
Nevertheless, the crypto trading books stay active 24/7, whether it`s war or peace.
Yesterday, it was appropriate to mention that bears have the upper hand in the early days or even weeks of October.
It`s expected that we`ll experience a bit more turmoil until entering the deeper October territories. Impatient ones are already paying their dues, as we saw about $526 million in leveraged positions liquidated in just 24 hours (be careful with leverage these days).
Right now, we need Bitcoin to catch a bit more of the good old digital gold vibe. Cumulative gold ETF inflows, including gold miners' ETFs, have been at $3.3 billion since August. It`s all good, though—BlackRock`s Larry is doing the shilling for us again on live TV.
And once again, to the Chinese side. The easing of the East strikes once again as Hong Kong's stock market surges another 6%, totaling a massive 27% gain over the last month.
Anyways, GCR tweets from 2023 seem prophetic at this very moment…
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FTM/USDT & sGOAT 1D Mexc
Yesterday, we gave you a TAO meme beta play, and today, we have the FTM equivalent—sGoat, shown with the purple line above on the FTM chart. It has a $11.4m market cap and solid FTM correlation.
Ansem has a bag and will likely keep tweeting about it as it runs higher. If you believe the Sonic eco holds promise, as many of us do, then it might make sense to hold some hot sauce beta alongside your main token allocation.
NFA as per usual, please always do your own research.
Come by the Lucky Luke Discord channel for comments, to roast my picks or to pump your own bags. All banter is welcome any time!
Are you NOT entertained? Meet Sophon.
The entertainment side of the crypto market has never been more palpable. From prediction markets to viral tap games, all the way to the memecoin markets, it’s all one big multiplayer game.
Sophon aims to connect the best applications, creators, games, casino venues, you name it, and improve the user experience tenfold.
What`s especially promising about Sophon is the fact they already work with the best players in the crypto gaming scene, like Merit Circle and Beam.
It is to be expected that we see Sophon continuously partner with the top applications and protocols, especially considering that Sophon is built by the former leadership of ZkSync and already cooperating with the cream de la crop of this industry.
Feel free to read the full Sophon introduction here, and stay tuned for the upcoming Product Manifesto.
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The important bits.
Nillion (Humanity`s first blind computer) - Partners with Zap Labs
Peapods Finance (DeFi) - New opportunities unlocked on Base with $pWMTX pods
GenLayer (First intelligent L1) - Sponsoring the Ârc & Builder Monastery Hackathon in Lisbon
Hyperliquid (L1) - Introduces Builder Codes
Off Grid (Gaming) - Now available on Xbox
EigenLayer (LRT) - Posted disclosures regarding investor staking rewards
LayerZero (Omnichain) - Introduces a cryptoeconomic DVN framework
Even more important bits.
Bitwise has registered Delaware Trust for XRP ETF
Larry Fink: “Bitcoin is an inflation hedge alternative to gold”
Snowden: “Solana is centralized”
The Australian police cracked a seed phrase of a suspect with $6.9 million ill-gotten crypto funds
Report: Cosmos Liquid Staking Module (LSM) was developed by North Korean DFRK agents
Life gets busy so here’s what you’ve missed.
GenLayer: Making Smart Contracts Intelligent
Research
GenLayer 's building Intelligent Contracts, which act more like PAs and process both code and natural language.
Emiri has penned some thoughts on the use cases for GenLayer, AI-powered DAOs, the fresh consensus mechanism, prediction markets, DeFi on GenLayer, and more.
To save you doom scrolling.
If you resonate with this one (like many of us do), no worries, easy mode is coming again, perhaps even soon.
If you`re stressed out and doubtful, switching positions left and right and getting bamboozled by the news and whatever FUDs are coming our way, I ask you: if not now, then when?
We might be on the precipice of one of the most aggressive bull market leg ups ever. Do I know for sure it will happen? No. Nobody does. But I`m here and I`m taking a chance.
Life is short but it`s unlikely you meet me in a heavy short position, at least not now. But that`s just me and none of this is financial advice, as always.
Good luck out there fellow risk takers (also known as those with “balls intact”).
stay safe homies,
Hix0n 🫡
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