ilqdty daily2 min readRead the latest
netanyahu asked for a blockchain plan to prepare israel for possible banking sanctions
SourceThe Block
a government drafting crypto as its backup for banking is the story i'd pick from this week.
| Markets | Level | 24h | week |
|---|---|---|---|
| $BTC | 80,685 | -0.6% | -0.9% |
| $ETH | 2371.1 | -0.6% | -1.3% |
| $SOL | 101.7 | -1.0% | -1.6% |
| BTC.D | 60.1% | ||
| F&G | 51 neutral |
01Crypto3 stories
02Macro2 stories
- brent crude settled friday at $116.72, a six-month highCNBC
- consumer sentiment fell to 48.0, a five-month low, and households now expect 4.7% inflation over the next yearThe Spokesman-Review
03Trends2 stories
- pumpfun added limit orders, the kind that fill at a price you set, on robinhood chain, base, bsc and hyperevm (Decrypt). same week, a robinhood chain memecoin called GF ran 75xDecrypt
- on solana, the ten trending coins traded $47M in a day. $Moustache (+22526%) led at a $0.7M cap while $Kimchi (-38%) slid to $7.2M
04Week ahead3 dates
- tuesdaythe fed's two-day meeting starts
- wednesday 2pm ETthe fed decides. a hold is expected, so the question is whether oil above $110 brings a december hike signal
- fridaythe bank of japan decides (thursday night ET), with the yen near 158 per dollar
05My view
stocks fell friday as oil climbed, and bitcoin ended the week close to flat. a market that holds steady through a six-month oil high has buyers under it, and this week's news came from institutions putting regulated products onchain.
the risk i'm tracking is oil leaking into everyday prices. stablecoin supply shrank 0.68% this week to $302.8B, so the fresh cash that usually funds a rally is thinner, and wednesday is the date it resolves. i can't tell yet how much oil the fed is willing to look past.
a hike signal with the ten-year back above 5% would change my read. a plain hold gives this week's buyers room to keep going.
rest today. three central banks and the busiest earnings week of the season are next. monday we lock tf in.