🐂 Fed's Decision: Will it End, or Start the Bull Run?

“$500 stimmy airdrop? Every Week? For playing a game? I’m in.”

Join me at YEET.com! $500 weekly, exclusively for our readers:

1. Sign up using the Link

2. Stay active

3. That’s it. You’re in the mix.

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.

gMonad everyone.

It’s yet another choppy Tuesday, but at least we’ve got some dopamine hits available on the Monad airdrop claim page. I just wish the premarket looked a bit better; it seems… a bit tired at best. I’m personally going with MegaETH, but that’s a topic for another time.

Let’s get into the markets. S&P 500 managed to close above a historical high, and looking all around, I think I see a way out of the woods.

BTC is currently chopping around the $115-117k level, and if it manages to start closing above, I’d say $120k comes next with ease. Of course, taking the other sends us back to $112-110k, but for now, it’s looking good.

Volatility is definitely coming, so keep your hands off leverage, especially with Jerome’s FOMC show tomorrow evening. The odds of a rate cut are almost 100%, so I do not expect any surprises. On top of that, it’s earnings season week, so keep your eyes peeled.

The most important thing here on out will be the Fed. Tomorrow's press conference with Powell will serve as the first look at how the Fed plans to manage the liquidity situation, which, admittedly, isn’t good.

Many people are celebrating the end of QT, but the fact is, a real QE is unlikely to happen anytime soon. Although the Fed is supporting the real economy, it does not appear to prioritize financial markets. I would advise listening to Michael Howell here for a deeper insight into this.

Global liquidity is still looking well and good, but we must acknowledge that we’re somewhere around the end of the cycle. If the Fed doesn’t step in, the liquidity situation might get nasty, and it can happen at any given moment.

I still believe the markets will enjoy a last ride into 2026, or possibly even Q2 of 2026, but we must be aware that this ride might end abruptly. An optimistic outcome would be for the Fed to announce some sort of QE. If that happens, definitely make sure to get more (much more) bullish.

Got questions, opinions, or feel like having a chat about the market? Hop in Hix0n’s Hideout free Discord channel and join the crew!

✍️ Advertise with us | 🧑‍💻 Join the Discord | 🐥 Follow on Twitter
📊 Sub to YouTube & Spotify

👇 And if you haven’t yet, hit subscribe below 👇

The important bits.

• Pyth’s new ecosystem grant Alert: Entropy Smart Contract Verification, read here

• Plasma partners up with Yellow Card, read here

• Almanak TGE set to happen just days after the new Pendle alUSD pool expiry (Dec 11), read here

• Kyan announces Chainlink integration, read here

• SAGA will be available as collateral on Mustang Finance, read here

• Swapping on Jumper gives you +50% HyperFlow points, try it here

• Fuel Network announces Swaylend V2, read here

• Almanak will provide easy looping strategies for alUSD, watch here

• Virtuals explains how it owns the “Entire Agent Stack”, read here

• GTE features a new “coming soon” trailer, watch here

• Buidl releases tokenomic details, see here

Even more important bits.

• Sharplink Gaming deposited $200m in ETH to Eigen Layer, read here

• Microsoft announced that it has acquired a 27% stake in OpenAI, read here

• Trump Media is planning to launch Truth Predict, a new prediction market, read here

• Amazon AMZN to fire 30,000 employees starting tomorrow, read here

• France considers bill to acquire 2% of Bitcoin’s total supply, read here

• PayPal is teaming up with OpenAI to bring payments directly into ChatGPT, read here

• Richard Heart has moved 30,066 ETH ($125M) to a new wallet, read here

• Circle has launched a public testnet for ARC, the new payment-focused blockchain, read here

• 21Shares has launched the Pendle ETP (APEN) on SIX Swiss Exchange, read here

• Ethereum DAT ETHZilla sold $40M worth of ETH to fund stock buybacks, read here

Charts and stats of the day.

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

Do you guys remember Nubcat? We called this one back in July, and it turned out into a 10x banger.

If the market heads into the “last hooraah” phase, then I have a feeling our dear Nubcat goes for another round as a blue-chip meme (literally, it’s blue).

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).

MegaETH: Preparation for MEGA trench warfare.

The MegaETH ICO on Sonar is doing more than well. Around 24 hours in, it’s already over 10 times oversubscribed, with 500 million worth of USDT trying its best to secure an allocation.

Fortunately, we had been preparing for this one since February of this year. Some of our readers have secured a Fluffle NFT, while others are ready with stacks of Bad Bunnz or Megalios.

I have a feeling it’s going to get loud in the trenches once mainnet rolls out, similar to what happened with Plasma. This means we'd better know which launchpads provide the battlegrounds:

• RainMakr

Rainmaker seems well-positioned from here. You can check it out on testnet, for now.

Once the mainnet is rolled out, keep an eye out for RAIN, the native token of this project. RAIN will receive 100% worth of the fee buybacks.

Remains to be seen which of these launchpads secures the top spots, but the one that becomes the de facto PUMP of MegaETH should enjoy some pretty nice, positive price action.

• Fasterdotfun

This one is even more interesting to me, as it’s “accelerated by Bad Bunnz”.

This means Bad Bunnz holders will not only receive an airdrop (along with METH, currently the main memecoin of the eco), but also, the buybacks from this platform will be directed back at Bad Bunnz, buying up the supply.

Lastly, here’s a deep dive into 11 MegaMafia projects you don’t want to miss. Preparation complete.

Do you enjoy reading about early projects and being a frontrunner? Check out our Meal Deal section, we’ve got weekly research streams, articles, Discord groups for whole ecosystems and projects, and more! Give it a go.

• Makina (DeFi execution engine)

• MegaETH Dashboard (Dashboard)

• MegaOHM (OHM on MegaETH)

• Ultra Solid (HyperEVM ve3,3 DEX) - Announces TGE details

• Print (Autonomous finance)

• Store.Fun (Creator economy)

To save you doom scrolling.

Easily the most awaited airdrop of all time. Go for it if you wish, but I’m not so sure it will cook as much as many think.

There we go, frens. I need to handle some stuff IRL for the next three days, so expect Lavina to jump in for me starting tomorrow!

Let’s see how November starts up for us. Also, I’m trying to get some Variational access codes for those who want to start farming this one. I sure do, because 50% worth of the supply seems like a good enough offer.

Be here on time next Monday and secure your codes!

stay safe homies,

Hix0n 🫡