Gm ToE readers! How have the week been for you?
Macro: Signs of easing inflationary pressures in the U.S., which could reshape market expectations around the Fed's interest rate trajectory. However, Chinese authorities are moving in the opposite direction, aggressively loosening monetary policy to energize the economy.
Trend: Momentum and hype seem to be the main drivers right now rather than fundamentals. Chasing what's pumping tends to be the winning strategy in bull markets. Perp dex, Gaming, L1s
DeFi: $PLX announces new CALM built, $VKA shares dashboard with bullish metrics, $AVAX is ripping with huge bank partnerships, Project guardian has been the focus, L1 is getting a lot of attention, $ARB season from incentives,
Tools: Preventing address poisoning, Indicators you need to know, ARB coins, DOYR playbook, farming guide, alpha list and smart wallets to follow,
Spicy drama: Sam leaving openAI, Zach on GORK by scam team but pumped regardless
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Segmenting the megathread of content into 5 parts:
Macro news
Trending narratives
Defi happenings
Educational resources and tools
Spicy crypto drama
1. Macro News
Signs of easing inflationary pressures in the U.S., which could reshape market expectations around the Fed's interest rate trajectory. However, Chinese authorities are moving in the opposite direction, aggressively loosening monetary policy to energize the economy.
U.S. producer price inflation moderated more than expected in October, with the PPI declining 0.5% month-on-month. This could signal a potential pivot in the Federal Reserve's monetary tightening stance.
The People's Bank of China has significantly ramped up economic stimulus measures, injecting 1.45 trillion yuan into the financial system. This comes amid liquidity concerns and aims to boost infrastructure spending.
Major U.S. stock indexes posted modest gains in the latest session, though were weighed down by disappointing guidance from Cisco Systems and Palo Alto Networks.
Corporate earnings results are driving significant stock reactions, underscoring the importance of company fundamentals and guidance in determining market
@arndxt_xo on macro pulse
@rektdiomedes on a fatalistic bull case
@libertniko macro thoughts
@KobeissiLetter 100% no rate hikes
@Barchart buying vs renting in US
@TripleNetInvest NYC real estate meltdown
2. Trending Narratives
Momentum and hype seem to be the main drivers right now rather than fundamentals. Chasing what's pumping tends to be the winning strategy in bull markets.
Bitcoin ($BTC) hit new highs near $38k this week before pulling back to $36.5k. Ethereum ($ETH) is up to $2050 after news of a potential BlackRock ETH ETF filing.
Solana ($SOL) was the top performer again, pumping from $40 to $64 before pulling back to $54. Other fast movers were gaming coins like $ILV, $IMX, and memecoins like $BONK.
Polygon ($MATIC) is gaining momentum as a potential outperformer, up 35% this week. Some traders see it overtaking Solana in the near future.
Alt L1s like Avalanche ($AVAX) and Luna ($LUNA) rallied off the strength in Solana. An old favorite trifecta trade is back - SOLUNAVAX.
On-chain memecoins that pumped recently have crashed 70-80% as money rotates back into CEX names. The only outlier was $GROK which did a 100x before dumping.
Arbitrum ecosystem coins like $GRAIL are seeing interest thanks to Arbitrum grants.
@arndxt_xo on perp dex narrative
@TheDeFinvestor watchlist for the week
@KopremesisE weekly LSD update
@iambullsworth major crypto events
@0xEdge_Runners ETH broke 2k and L2 updates
@hansolar21 on option markets cooking
@blockscriber Layer0 projects
@DeFi_Akira tokens with huge inflow
@2lambro great projects from Lambro
@sandraaleow Solana projects
@c_storry buying along with the AVAX and SOL hype
@HsakaTrades shilling the red coin
@hmalviya9 coinlist alpha
3. Defi Happenings
@arndxt_xo deep dive on $HOLD
@repetny on Marinade finance
@Vaultkaofficial releases dashboard with strong metrics
@0xShinChannn on zklogin
@defi_mochi Pendle wars heating up
@DeRonin_ VC investments
@BarryBluee on GENE
@CryptoNikyous on 10 new launches
@Prithvir12 smart money playing SOL
@crypticdegen22 tokens
@loch_chain on BIGTIME
@Defi_Roxy on top game tokens
@CryptoStreamHub 5 best altcoins
@0xFinish SOL projects
@Hercules_Defi ARB season coins
@Beacon_Early Celestia next SOL
@0x_Beans on Bear bonds
@zerototom on funding rates
@JasonYanowitz AVAX partnerships with Apollo and JPM
@EdC on AVAX gaming
@ChrisRomanoC Good coins
@CryptoDamus411 bullish on perps
@DefiIgnas bullish on L1
@TyLobban about project guardian and AVAX
@tomwanhh bullish metrics on Polygon and Linea
@coingecko Largest L2 solutions report
@lou_markets coin picks
@parallaxfin introducing CALM with a new built and roadmap
@CryptoGideon_ tokens accumulated by smart money
@hmalviya9 DEX aggregators
@MoneyCrptBunny on CNC
4. Educational resources and tools
@realScamSniffer on wallet drainers
@Flowslikeosmo on indicators to look out for
@alphabatcher shares VPN services
@jake_pahor DYOR framework
@Deebs_DeFi shares his guide to bull market
@the_smart_ape on arbitrage opportunities
@Hercules_Defi simplify defi concepts
@DeFiMinty on smart wallets to follow
@Louround_ on alpha lists to follow
@rektdiomedes on perfect guide to start in crypto
@yieldinator on arbitrum farming guide
5. Spicy Crypto Drama
@DeItaone on Sam leaving OpenAI
@hmalviya9 on GROK drama
@zachxbt on GROK created by scammer
@zachxbt on scams
@m1ckeycapital weekly update on crypto drama
Twitter: https://twitter.com/arndxt_xo/status/1726211906896338963