Does our current macro setup resemble that of the crash of 1929, 1940, or 2008?

@BanklessHQ did a podcast with @LynAldenContact discussing the current macro state of the financial markets

Here's our synopsis of the key ideas discussed:

👇🏾🧵 1/

Q1: IS THIS THE END?

Let's divide it into a couple of different time frames and use @RayDalio's long-term debt cycle framework

We can say that it's the end of something big, but of course, the end is a long process and it can be a decade-long process

@Momentum_6 Portfolio Spotlight: @PersistenceOne

@binance Integrates the @pStakeFinance Ecosystem to Offer Liquid Staking on the #BNB Chain Network

With its #PoS chain BNB, Binance has been growing steadily 1/ BNB Chain is currently positioning itself as the third Layer 1 network just behind Bitcoin and Ethereum. By partnering with protocols such as pSTAKE, BNB Chain has continued growing and strengthening its position in the crypto market.

Dossier: What's Wrong with Crypto Gaming

The Current Crypto Gaming Landscape is Stupid, Let’s Explore How it Could Potentially Be Not Stupid in the Future

A painfully honest letter about Crypto gaming:

✉️ 🎮 🧵👇 1/ If people were honest with themselves, they started to care about Cryptocurrency, blockchains, consensus models, or any other underlying tech and buzzwords in this space because of the financial incentive. People are hoping to strike it rich! Filthy rich. Let’s be honest.

💊 M6 Daily Bullets 💊

Wednesday, September 14, 2022

A historic day! Le Et hirium Merde is finally upon us. It should from a developer standpoint be fine - lots of testnets and shadow forks have been successful.
Will we see volatility in price? Perhaps. 1/ Things are currently looking fairly flat with #Bitcoin barely holding $20k and ETH struggling to hold $1600.

It’ll be incredibly interesting to see what the sentiment is like once this big event is finally over.

💊M6 Daily Bullets💊, Tuesday, September 13, 2022

Oof - a higher-than-expected CPI print really came in like a bucket of cold water on the market. 8.3% YoY, 0.1% MoM vs Expected: 8.1% YoY, -0.1% MoM. CPI being higher than what economists expected is a sign that the Fed will stay aggressive in raising interest rates n essentially guaranteeing we’ll see a 75 bps rate hike at FOMC next week. #BTC tends to move in the opposite direction of the $ n DYX spiked on today’s CPI news.

🌍 Macro Mondays Newsletter 🌍 Monday, September 12th

This week we're diving into the Macro Implications of Ukraine’s Stunning Counteroffensive

👇🏾🧵 1/ Synopsis:

Europe is in trouble. Along with the European Central Bank’s belatedly hawkish turn, the continent is buckling under the weight of sky-high energy prices.

The DeFi insurance industry is one of the most flawed sectors in the Crypto realm

If you do not understand the risks associated with DeFi insurance, you are unlikely to get any insurance claims

We expose the wild west of DeFi insurance and present a viable option for you:

🧵👇 1/ In this thread we will discuss:

• WHAT IS DEFI INSURANCE?
• HOW DOES DEFI INSURANCE WORK?
• THE WILD WEST OF DEFI INSURANCE
• A VIABLE OPTION

1/ M6 Daily Bullets

Monday, September 12, 2022
Never a dull moment in the crypto markets. Over the weekend, Bitcoin led a rally up to ~ $22k with ETH lagging but staying above $1700 and select alts still catching a bid-interesting. Dates that you need to keep in mind this week: 2/ Fed will release August CPI data on Sept. 13 and the Ethereum Merge sometime around Sept. 15. Plus next week the Fed’s FOMC will likely put out a 75-basis-point interest rate hike - heavy stuff. Plus take note of privacy coins being delisted from Huobi.

Daily Bullets 💊 Wednesday, August 31

Hope you like seafood because the crab continues. $BTC ~ $20k and $ETH ~ $1500. ⁠Eurozone has been having it tough lately and hit record inflation of 9.1% amid gas and energy crisis - not great.

Keep reading for today's news!

🧵👇 Before we get started...

Get the latest news and research from M6 Labs directly in your inbox before Crypto Twitter!

Subscribe to our Substack for institutional quality content curated by a community of degens: momentum6.substack.com/p/daily-bullet…

Done? Now let's dive in!

Why don't most retail investors do well in the #Crypto markets?

@TaschaLabs recently released a new podcast episode to discuss this important topic

Here is a summary of the important takeaways from the episode 🧵👇 1/

The problem is people are not really very clear about who they are as an investor and what kind of strategy they are going for

Here are some questions to know more about investment style:

#1 Daily Bullets 💊: All Eyes on DigiDaigaku + Dramarama

We had a pretty rough weekend following Jerome Powell’s Jackson Hole speech. Markets decided to risk off and we saw Bitcoin fall to sub $20k and ETH fall to ~ $1400. We’re seeing a wee bit of a bounce today. #2 The most interesting thing taking place across CT recently is NFT project DigiDaigaku which has seen its floor price explode from ~ 3 ETH to ~ 12 ETH. Catalysts include a $200M raise and airdrop this Friday. Plus some drama and questionable reporting on Mt.
Gox and Ava Labs

@FerrumNetwork recently hosted a Twitter space to discuss the current state of the market: BULL RUN OR BULL TRAP?

A group of experts shared their insights on whether they believe the Crypto market has bottomed or not.

Here's a summary of the most important insights 🧵👇🏾 1/

Before we get into the experts' insights, let's take a quick glance at each institution and the experts representing them:

1. @Crypto_Clarke - Head of Labs at @Momentum_6 (KADEEM)

2. @willperone - Founder/CTO of @FlourishingAI (WILL)

Automated Market Makers for NFTs are the hottest new thing

@sudoswap is the first ever NFT AMM

Uniswap v3, but for NFTs, they say

If you understand the fundamental design, you can see why $SUDO is the talk of the town

Deep Dive Thread 🧵👇 1/

TL;DR:

The SudoSwap protocol enables anyone to create and trade with an independent AMM pool for any #NFT

Traders will be able to:

• Swap NFTs for $ETH
• Swap $ETH for NFTs

1/7 A thread 🧵 on how you and your little degen friends can loot a crypto bridge

👇 2/7

JK! Wow - can you imagine? lol

Now that we have your attention subscribe to our Weekly Alpha Leak for the fast-paced story of Crypto told by a community of degens:

momentum6.substack.com

The European Central Bank (#ECB) recently issued 3 reports in order to pass the biggest Crypto Law:

Markets in Crypto-Assets (#MiCA)

Will the crypto ecosystem suffer from these laws?

Will the ECB gain full control of the cryptocurrency market?

We deconstruct it for you: 👇🧵 1/9 Get the latest news and research from M6 Labs directly in your inbox before Crypto Twitter!

Subscribe to our Substack for institutional quality content curated by a community of degens: momentum6.substack.com

Monolithic blockchains have been criticized for failing to solve the Blockchain Trilemma ⛓

Are modular blockchains the future paradigm for the underlying blockchain infrastructure?

Celestia vs Monolithic blockchains: 🧵👇 1/18

The Blockchain Trilemma:

It is difficult for a blockchain to achieve scalability, decentralization & security all at once

Only two can be solved simultaneously

But to gain mass adoption, blockchains must be scalable while maintaining decentralization and security

Crypto Bridges 🌉 solve one of the fundamental problems of blockchains:

#INTEROPERABILITY ✅
However, theft from cross-chain bridges totaled more than $1 BILLION in 2022

Here's a thread that will help you understand the RISKS
associated with cross-chain bridges:

🧵 First, bridges are used to transfer assets and data back & forth between multiple #blockchains

A specific blockchain asset is incompatible with other blockchains due to differing designs

So, bridges create WRAPPED assets that represent the asset from the original blockchain

💊 M6 Weekly Data Digest 💊

Join us as we follow the data! Metrics we're looking at this week include:

Top 300 Weekly gainers/losers, DeFi Top Protocols and Blockchain TVL, Protocol Revenue, Blockchains by NFT Sales Volume, NFT Marketplaces Rankings, Nansen NFT Top Rankings

🧵 - Check out our weekly newsletter that includes this data and a more in-depth look at this week's news, events and fundraising:

getrevue.co/profile/moment…

💊 M6 Weekly Digest Tl;dr Update 💊

Despite the ongoing bear market, the crypto space continues to stay aflutter with activity. Teams, projects, protocols, firms and brands - both big and small - continue to raise money, build, and forge new paths forward.

🧵👇 This week we saw: U.S. CPI rose 9.1% in June, the largest increase since November 1981. Three Arrows Capital is continuing its liquidation process. Celsius Network confirmed they’ve filed for Chapter 11 bankruptcy,

@PanteraCapital recently released their monthly Blockchain Letter

In it, they outline the two significant 'Policy Errors' that the FED made, which they consider to be the two worst mistakes made in the past 35 years

Here's a brief summary of their analysis:

🧵 @PanteraCapital The overnight rate(Fed Funds Rate) is the rate at which banks can borrow from one another

The FED actively changes the Fed Funds Rate to increase/decrease the money supply in the economy

When the FED decreases the Fed Funds Rate, it increases the money supply in the economy

1/

Momentum 6 Alpha Leak Digest - Week of June 20

Top weekly stories that you need to know about in the world of crypto

A 🧵... 1. Top Stories of the Week in the Crypto World:

✅ Ronin Network plans on reopening the Ronin Bridge on June 28th with all user funds returned

✅ Exchange CoinFLEX paused all withdrawals, perpetual swaps, and spot trading in the short term due to extreme market conditions