ToE's Weekly Highlights #50
Digging up the grinds for the week.
Gm ToE readers! Its an AI and degen stuff popping week
Macro: US jobless claims have declined more than expected, signaling a gradual slowing in the labor market as higher interest rates reduce economic demand. However, the market remains strong. This aligns with the Fed's view of easing conditions but not enough to consider rate cuts soon.
Trends: Blast is taking the limelight AI coins continue to gain attention. Fundamentally strong coins continue to gain more research from threadoors.
DeFi: $PYTH, $FLIP gained a lot of momentum. Perp DEXes doing good metrics. $AVAX good play to capture game and RWA metrics. Seems like bull run moving towards saving focused products, PoW coins getting popular on Xeggex.
Tools: Bull run guide, Alpha accounts to follow, Whale wallet hunt, Trading mastery
Spicy news: Macro memepost, $BALD deployer active, CZ step down, Blast intern deserves a raise, Drama in summary, Kyber exploit
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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
US jobless claims have declined more than expected, signaling a gradual slowing in the labor market as higher interest rates reduce economic demand. However, the market remains strong. This aligns with the Fed's view of easing conditions but not enough to consider rate cuts soon.
Business spending struggling in early Q4, indicating broader economic slowdown. Rate cut potentially anticipated by 2024 amidst mixed inflation signals.
Israel-Hamas hostage deal confirmed with ceasefire and aid influx into Gaza. Seen as critical for reducing tensions despite complexities.
US stocks rallied, with Nasdaq, DJIA and S&P rising on Thanksgiving market momentum. Nvidia fell 2.46% on China sales concerns from export rules. Microsoft rose 1.28% on Altman's OpenAI return.
UK Treasury announced smaller bond sales target cut for 2022 in Hunt's Autumn Statement including £20B tax reduction, benefiting gilts.
@arndxt_xo on macro pulses
@leilanibabiez on BTC prediction
@EricBalchunas on SEC and ETF chatter
@rektdiomedes on macro and crypto videos
@matrixthesun on markets looking shaky
@100trillionUSD on BTC halving
2. Trending Narratives
BLAST project has attracted over $250 million recently, emerging as a major player in the RWA space, Introduces new possibilities for staking and investments by integrating with LSD concepts
Investors can participate either directly in tokens like BLAST or through indexes like Entangle
T-Bills gaining popularity in RWA segment by offering stablecoins access to risk-free rates. RWA sector anticipated to see rapid growth in 2024, focusing on collectibles, trade finance, commodities
Coinbase demonstrates interest in AI with published article on its impact on crypto. Narrative exists across infrastructure projects and meme coins
Key tokens being monitored: gensyn, ritual, iq, tao, olas, noisegpt, cgpt, akt, rndr, nosana, near
Ritual protocol an innovative AI + crypto project through Infernet. Recently concluded $25M funding round, drawing attention from Archetype
@Flowslikeosmo on cosmos thesis
@izu_crypt on alpha threads
@0xjaypeg BTC miner thesis
@definapkin guide to market cycle
@0xEdge_Runners on VC funding
@poopmandefi thoughts on base
@FarmerTuHao on perp dex update
@Moomsxxx bullish on AVAX
@2lambro on his 2 coins
@0xYugiAI on LSD narrative
@0xProfessorJo on perp dex trend
@DistilledCrypto on outlook report
@DeFi_Made_Here on his investment
@CryptoShiro_ on weekly alpha
@Crypt0_Andrew on narratives to watch
@definapkin on gamefi
3. Defi Happenings
@Cryptovoxam on UNIDX alpha
@milesdeutscher on biggest SOL airdrop season
@DistilledCrypto on AI pyramid
@Moonshot211 on $PYTH
@DeFi_Made_Here on Perp dexes
@jinglingcookies on interesting fundraises
@blueclarityone on AVAX v2
@PinkBrains_io on LSD
@Rewkang on decentralized node
@Foxi_xyz doesnt like RDNT
@CryptoStreamHub on ILV vs SHARP
@MoneyCrptBunny on top blockchain
@0xShinChannn on FXS
@jake_pahor on makerdao
@_FabianHD been buying $BLUR
Fully on chain games by Hailstone labs
@Rancune_eth on $LMR
@Rafi_0x on VRTX
@jake_pahor on SNX
@blockscriber on hottest POW coins
@CryptoStreamHub on RLB vs WINR
@Prithvir12 on $OLAS
@poopmandefi on AI narrative
@Prithvir12 on saving driven products
@zerokn0wledge_ on thorchain eco
@DeRonin_ on LSD airdrop
4. Educational resources and tools
@CryptoNikyous on past bull bear lessons
@DefiIgnas token red flags
@Deebs_DeFi on bull guide
@dontbuytops bull run guide on followers
@0xKofi on DefiLlama GPT
@NFT_GOD on GROK rolling out
@the_smart_ape on bull run FOMO
@chilla_ct on guide to managing trades
@dealerdefi on wallet hunts
5. Spicy Crypto Drama
@MartiniGuyYT memepost text and image from other accounts
@CoinGurruu on BALD deployer
@bharat_eth intern did a good job for Blast
@CryptoKaduna on Binance vs US Debt
@arndxt_xo on recap of all spicy drama, Zhu Su eating mooncake,
@cz_binance step down
@twindoges saw a network build on Tendermint with ponzi
@_RichardTeng on Binance fundamentals
@spreekaway on Kyber exploit
Twitter: https://twitter.com/arndxt_xo/status/1728735625485136042