NUGGETS OF ALPHA
All of the favorable ingredients are in place for a strong finish to November
U.S. stocks extended gains, with the Nasdaq, S&P 500, and Dow closing higher
Fidelity just filed a 19b-4 with the Chicago Board Options Exchange to set up a spot Ethereum ETF
The seven-day average funding rate for Bitcoin perpetual futures is at levels last seen in late 2021
The name of the game in crypto is to set your traps early and wait for them to pop
Coinbase has increased its USDC APY to 6% for the first $250,000 in an account
The USDC in circulation is down 47% over the last year, while Teether is up
JPMorgan and Apollo are partnering with Avalanche to build a new wealth management platform—tokenization of everything is coming
Search for ChatGPT is up 400% year to date since the initial launch
U.S. could follow the UK in reforming real estate agent commission structures
Bitcoin has been flat, and it is due to unreasonable expectations surrounding the spot ETF. Of course, the approval was going to take longer than this Friday as the SEC has been sending numerous signals that they need more time to make this happen. However, Bitcoin remains strong and has not fallen any in relation to this delay.
We will review the big developments this week and so much more.
From this perspective, it does not look like a bad week for Bitcoin.
ETH -3.88%
SOL +6.45%
DOGE +9.86%
RUNE up big
RNDR is making a big move right now
Here is an update from the perspective of the U.S. dollar:
BTC -1.46%
ETH -5.31%
SOL +6.4%
DOGE +8.16%
AVAX +51.64%
So far, we are up 5.59% in November, which for many is disappointing after an amazing October. All of the favorable ingredients are in place for a
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