Crypto + Macro Stuff I'm Looking At Today ... - Bitcoin Fear & Greed Index now up to 28 from a recent low of 11 - Altcoin Season Index at 35 - Current odds of December Fed rate cut at 87% on Polymarket - Coinbase Premium turned positive yesterday for the first time in November - $NVDA is bigger than the entire national stock markets of all but 5 countries on earth now - @truflation real-time US inflation measure sitting at 2.46% - Robinhood acquisition of LedgerX generating positive attention (link below) - Seeing $USDT concerns on the TL but am pretty sure its due to confusion over the their filing/statements (though have not yet geeked out on it as fully as I should) - (Related) Mantle and Trader Moe launch USD₮0 support/liquidity/etc (link below) - Trump is talking about "keeping stocks at ATH's" and 'eliminating income tax' and basically just bullposting the national economy daily - although this obviously has yet to help our increasingly forelorn crypto bags :) - Memecoins are in goblintown, with $WIF and $POPCAT both down over 90% from high's - A number of noted chains/ecosystems look increasingly dead as well, with Celestia, 0G_labs, Story, and Movement cited as prime examples (link below) - $AAVE V4 testnet went live a few days ago - $FLUID V2 dex mainnet went live as well - Lighter launched testnet for spot trading + equity perps - Fogo mainnet also launched - OpenLedgerHQ is going to do buybacks apparently - shiftprotocol_ is launching their extUSD vault- a basis vault (similar to sUSDe) that targets yield + Extended Points (link below) - Lots of focus on Kalshi lawsuit - An interesting new poll suggests the majority of Americans now view a 4 year degree as not being worth the time/investment - Finally, wallets continue to be among the top fee/revenue generating apps in defi (with stablecoins and perps projects leading) though it seems unclear to me if this is because people are using the in-wallet swaps out of convenience or whether they're using due to the prospective future airdrops of those (currently tokenless) wallets Conclusion Still insanely bullish on the medium and long-term friends... Short term is looking super uncertain and could see us shooting up real fast or going down more... hard to say... Am actually working on a big macro thread I'm hoping to publish soon, so stay tuned for that :) But yeah, keeping getting after it my bros - one more month left in 2025 💪