Good Vibes + Great Takes

Equities didn't to have great day yesterday, we are opening a slight bit higher today. Small jolts expected until the next major major event. 

Crypto saw a massive 1% move in ETH!!! unfortunately it was lower, but luckily it wasn't much of a move at all. 

The CFTC approved coinbase as a merchant, which is a bullish positive in the fight against security regulations. 

Machi's Degods position is causing all the feels to surface on the timeline. People that genuinely want to enter the ecosystem are sharing the sentiment that they are "waiting for machi to sell". This is tough as the floor has been grinding lower ever since the season III announcements 

There was a stat that 200 million dollars has been paid from Bitcoin longs to bitcoin shorts since the top of the year. Volatility is at an extreme low. The majority of trading seems to be in alts and Shxtcoins. 

Mando recommends bridging over to Base as there is tons of activity and that doesn't seem to be going anywhere. 

Deflation coming out of china is being exported, causing a spiral that isn't great for the rest of the worlds markets. Blame is being placed on the FEDs recent approach. 

All the major trading bots with tradable coins seems to be doing well. $NONE who was on the show last week has seen a near 50% increase since. 

9059 dropped an NFT bluechip index recently, what collection do you see as a blue chip?

GM!

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