📊 #BTC Bitcoin’s Stress Cycle Is Ending — But Not Yet Reversing
“Risk remains present. Macro headwinds, liquidity conditions, and sentiment fragility mean this process could extend. But for investors with a cycle-aware framework, the data suggests we are closer to the beginning of an opportunity than the end of one.” #macro
“Risk remains present. Macro headwinds, liquidity conditions, and sentiment fragility mean this process could extend. But for investors with a cycle-aware framework, the data suggests we are closer to the beginning of an opportunity than the end of one.” #macro
🤖 #AI Arthur Hayes has stated that AI will crush retail trading in PvP by manipulating market sentiments. He believes that fighting against institutional algorithms is a losing battle, especially in conditions of hyper gambling caused by economic stress. He suggests abandoning short-term speculations and sticking to a long-term strategy of holding cryptocurrencies.
🕵️ #ETH Wrapped Ethereum exploded with its highest level (by a mile) of network growth and active addresses this year.
On Wednesday, we saw:
— 32,058 new $WETH wallets created (Over 16x its normal average)
— 46,650 active $WETH wallets (Over 3x its normal average)
On Wednesday, we saw:
— 32,058 new $WETH wallets created (Over 16x its normal average)
— 46,650 active $WETH wallets (Over 3x its normal average)
🤔 Highlight clip
Qiao Wang: We Only Invest in Founders with "Childhood Trauma" and "Autism"
Alliance DAO founding partner Qiao Wang stated in a September 6, 2024 interview that the firm invests in founders who exhibit strong "autistic traits" and have experienced childhood trauma. He believes these traits enable founders to think independently and remain focused, while childhood trauma drives a need to prove oneself. Wang summarized that autistic traits influence thought processes, whereas childhood trauma affects motivations.
Qiao Wang: We Only Invest in Founders with "Childhood Trauma" and "Autism"
Alliance DAO founding partner Qiao Wang stated in a September 6, 2024 interview that the firm invests in founders who exhibit strong "autistic traits" and have experienced childhood trauma. He believes these traits enable founders to think independently and remain focused, while childhood trauma drives a need to prove oneself. Wang summarized that autistic traits influence thought processes, whereas childhood trauma affects motivations.