đ˘Macro
âŤď¸NASDAQ is at 17.9k, and Gold is steady at 2645.
âŤď¸US stock futures show a slight rise, aiming for new all-time highs.
âŤď¸There's a more than 50% chance of a 0.5% interest rate cut at the next Federal Reserve meeting.
âŤď¸Market analysts believe there's an 80% chance of a gentle economic slowdown.
âŤď¸TSMC is discussing building a massive chip factory in the UAE.
đ° Crypto
âŤď¸Bitcoin is at 63.6k, up 2%, Ethereum at 2660, up 3%, and Solana at 145, up 1%.
âŤď¸Leading gains this week are TAO, IMX, RNDR,
#NEAR , POPCAT, and
#AAVE .
âŤď¸Cryptocurrency funds experienced $321 million in inflows last week.
âŤď¸Kamala Harris has pledged to expand both cryptocurrency and AI industries.
âŤď¸TAO's value has doubled in two weeks amid AI hype.
âŤď¸SUI's Total Value Locked (TVL) surpasses $900 million.
âŤď¸Historically, Bitcoin returns an average of 88% in Q4.
âŤď¸Google searches for Bitcoin have dropped 75% since their peak in 2021.
âŤď¸Bitcoin is 161 days away from its next halving, which previously triggered a rally in 2020.
âŤď¸Venture capitals in crypto have raised $2.2 billion this year, significantly less than in 2021.
đ Web3 & NFT
âŤď¸Top performing coins include
#MUMU ,
#NEIRO ,
#POPCAT , and DOGGO.
âŤď¸Notable NFTs making waves are NokeMonkes, Puppets, and OMB.
âŤď¸MUMU's value increased by 40% after ByBit listed its perpetual swaps.
âŤď¸NEIRO's CTO token's market cap hits $500 million, making it one of the top 10 memecoins.
âŤď¸Ethereum-based memecoins are among the highest gainers.
âŤď¸Puppets and NodeMonkes are seeing significant rebounds in the Ordinals market.