🤫 Fed's Liquidity Will Decide The Fate of the Cycle:

PLUS it's a perfect time to farm Almanak!

ā€œ$500 stimmy airdrop? Every Week? For playing a game? I’m in.ā€

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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, it’s a Fearful Friday.

Is there any chance we can save ā€œUptoberā€? Surely no one expected it to look as bad as this.

It’s Friday again, and as always, we must mention Trump. I enjoy seeing the Orange Man mog reporters like this. If he could just be quiet about tariffs for like, forever, that’d be great. At least he’s going to sit with Xi next Thursday, so let’s hope they settle the beef.

As we said about the Fed ending QT yesterday, this one is merely the first step. Even though the last time the Fed ended QT, the altcoins bottomed on a macro chart, this time, we might need a bit more juice from them.

Yesterday, I forgot to link you to the video from Michal Howell, so here you go. Let’s hope there’s good news coming up for the Fed regarding the liquidity situation, because frankly, the rest of the cycle might depend on it.

One thing’s for sure, there’s something massive coming. Looking at this chart showing how tight the Bollinger bands are, I’d certainly expect volatility. Fortunately, the main man, Bollinger himself, is bullish, am I right?

Let’s see how BTC fares over the weekend. If it manages to close the week above $108k, there’s a good chance we might see a green ending to this historic month. No promises!

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

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The important bits.

  • Giza is the #1 platform in the Agentic Economy by capital inflows, read here

  • Tari publishes an explainer article on Blink, read here

  • Newton Protocol publishes new Builder’s Chat episode, tune in here

  • Almanak explains how to unleash the full power of AI agents, read here

  • Jumper offers MET (Meteora) swaps, try it here

  • Tapestry announces the Zumi’s Closet, try the app here

  • Pyth Network will support the HIP-3 ecosystem with SEFA, read here

  • MegaETH reveals Fluffle NFTs will become tradeable, read here

  • ETHGas announces multiple wallets for your Gas Report, generate here

  • Trust Wallet launched perpetuals with Aster, read here

  • MegaETH presale will be prioritized for Cap Money users, read here

  • Aero Ignition announces Lit Protocol ICO, read here

Even more important bits.

  • Russia greenlights banks to use crypto for foreign payments, read here

  • Trump explains why he pardoned CZ, read here

  • CZ puts out a tweet thanking Trump for his pardon, read here

  • Brian Armstrong says momentum for crypto market structure legislation is 'at an all-time high.' listen here

  • Robinhood has officially listed HYPE for spot trading, read here

  • Native USDC is coming to StarkNet, read here

  • JPMorgan is set to let institutional clients use BTC and ETH as loan collateral, read here

Charts and stats of the day.

  • Meteora wallets connected to Hayden Davis and Melania wallets, read here

  • 16% chance for SBF to be released from custody on Polymarket, chart here

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

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).

Almanak Point Season!

The market is choppy and unexciting, so our time is best spent identifying the juiciest LP/point opportunities. This is where Almanak comes into the picture as it heads towards TGE, planned for this quarter.

Stage 3 of Almanak point season brings some key updates. The primary focus here is the new Pendle alUSD pool. If you stacked points during Stage 2, ensure that you move your liquidity here (expiring December 11th) and keep earning your 5x multiplier.

If you need all the details on the rest of the pools, jump to this explainer.

Heading into TGE, it’s worth keeping in mind that the people dumping their airdrop out of the gate might regret it.

Here’s Almanak Token Value Accrual for you. The Almanak token value accrual mechanism follows similar principles to Curve or Pendle, and in my opinion, both CRV and PENDLE are proven long-term holds.

Lastly, if you choose to stake your Almanak tokens in the veToken contract, you’ll receive a multiplier which directly boosts your TVL!

  • Sapience (DeFi) - Launches a trading competition

  • Nunchi (Long or short any yield)

  • Ramses (HyperEVM) - Announces 20% supply for Hypurr NFT holders

To save you doom scrolling.

The Neobank meta is here to stay. Lots of useful tips to be found in this article!

I know I’m blabbering too much about this, but I cannot wait for MegaETH.

The community reminds me of early Hyperliquid, and the team is behaving similarly, too, simply providing the best entries to us, and not the VCs.

I believe joining the Sonar ICO and simply waiting until TGE is a time well spent. Take a breath, let the market liquidate another few degen rounds, and sit cozy in spot.

Doing this, plus farming points (for example, Almanak above), seems like the correct move to me. Surely better than trying to make it all back in one trade with leverage or inside the trenches. You do you, of course, but I really enjoy this current approach.

stay safe homies,

Hix0n šŸ«”

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