Secret QE On The Way? 2025 Looks Very Promising:

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GM.

It’s an interesting predicament we’re in. PCE data just came out today, indicating rate cuts in the US will hardly happen in July, but as far as September goes, the odds are already at 94%.

The predicament is that everyone expects the summer to be generally down, versus the end of the year being up. The tricky thing is predicting how exactly this will happen, especially from here into Q3. For now, let’s watch the $105-106.5k level. If BTC starts closing back below, we may revisit the war FUD lows.

Overall, there are promising developments happening in the US with the GENIUS Act passage coming up, and the government talking about “extending the short-term debt”, which, in translation by Crossborder Capital means the good old “not QE-QE”.

As long as these pieces continue to fall together, everything points to an extended global liquidity cycle, which means this bull run should have more than enough juice to continue into year’s end, or even 2026.

For now, it would be wise not to get too excited about short-term movements and keep the bigger picture in mind. Overall, at minimum, everything looks very positive for the remainder of the year.

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The important bits.

• INFINIT presents 10 DeFi strategies in one click, learn how here

• OpenServ will fuel the AI summer on Base, details here

• Newton reached over 1 million sign-ups, full stats here

• Altitude’s ALTI reward program is live, join here

• GenLayer’s testnet reward program is live, join here

• Fuel Network featured in new blocmates interview, listen here

• MegaETH announces Franklin Templeton to run institution strategies on Cap, read here

• Harmonix launched a new HYPE vault, join here

• Hyperbear launches HYPE cashback for USDHl, details here

• Layer Zero achieved 1 million TPS on EVM, read more here

Even more important bits.

• Bessent says there are now 30% tariffs on China, 10% on the US

• Across Protocol is facing $23M in misconduct allegations over insider-led governance votes

• Crypto Czar David Sacks says "July will be a big month."

• Bakkt Holdings says it may use $1 billion from shelf offering to buy Bitcoin

• European Union says it's "ready" to make a trade deal with the US

• Coinbase to launch "perpetual-style crypto futures" in the US on July 21

Charts and stats of the day.

• HyperSwap just reached $100m in TVL

• Transactions on Avalanche continue hitting ATHs

• Pump Fun's weekly trading volume is at the lowest point in the past 9 months

StalkChain spots the next big meme coins early by tracking top wallets and smart money moves in real-time.

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GIZAUSDT 4H Mexc

DeFAI protocol Giza looks to be reclaiming the Quarterly VWAP Value Area High. I am going to set an alert and wait for the weekly close above 0.215 to confirm. The last time we broke out of the quarterly VWAP value area was when we trended to the 0.49 all-time high. I think this is one to watch. Read Ollie’s recent piece to build conviction.

A lot of alts and altcoin open interest in particular are pretty beaten up now. That is typically when you want to pay attention, especially with Bitcoin funding and OI at historically undercooked levels relative to how close we are to the highs. If BTC trends to new highs, alts will follow. Not all of them, but some of them will do multiples.

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!

Grant & Ambient’s Travis Good - State of Crypto x AI

Grant and Travis Good of Ambient dove into what’s happening in the AI space yesterday and covered quite a lot of ground in 50 minutes. It’s worth a listen if you want a catch-up on what’s been happening in the centralised versus decentralised AI face-off. Are we headed for Skynet or a more equitable AI-powered future?

INFINIT Labs’ DeFAI Strategy Creators

INFINIT are building a holistic AI-powered DeFAI intelligence platform that unleashes the power of agentic finance for the average user. The goal is frictionless AI agent-powered DeFi that drives mainstream adoption with slick interfaces and user experience.

The team have just published a thread detailing their Strategy Creators product - an as-yet unreleased feature that looks like a game changer. Implement looping strategies, basis trades or delta-neutral hedges, all with one click and natural language prompts. Check out the thread for the full rundown:

• Sahara AI (AI builder)

• PAWS (Hyperliquid meme)

• Tryliquid (Hyperliquid mobile app)

• Epoch (Institutional-grade research for low–mid cap tokens)

To save you doom scrolling.

If you’re still unsure about Hyperliquid, dive into this thread. It’s massive.

Heading into the weekend, the choppy vibes are once again hitting hard. Although there is a chance for a solid rally into July, I wouldn't be betting on anything sustainable until we get through the summer days.

I would tell you to go and touch grass until September, but since you’re most likely all the same addicts as me, I would just advise shaving off any upcoming summer profits, rather than holding on to positions for dear life. Crab vibes strong.

At the same time, if you feel like you have secured a great entry and are ok with going through chop eyeing that Q4 bull, it might be wise not to overtrade.

Or a bit of both. Good luck to all.

stay safe homies,

Hix0n 🫡