RECAP: WHAT HAPPENED THIS PAST WEEK
Weekly Recap: BTC Bull Signals, Crypto, Cars and Macro Data
NUGGETS OF ALPHA
Crypto market was flat and stock market was down this week
The stablecoin supply and global liquidity both dropped
60% of the Bankless community is bullish on Solana and Bankless upgraded it
Solana increased its TVL by 50% in the first half of 2023
The impending Firedancer launch could boost Solana’s throughput to 1M TPS
Bankless expects Solana to experience better price appreciation relative to ETH
Today, over 25% of all car sales in California are battery-electric vehicles
The average cost of a new vehicle in the U.S. is ~$48K
U.S. non-government payrolls have decreased over the last six months
The only bright spot is BNB and the meme SHIB. Overall, the crypto market has been flat, which is unsurprising for this time of year.
The only bright spot for equities is Amazon +5.57%. We will talk about oil and why it is going up later in our study.
The circled green bar on the right-hand side of the chart represents
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