Here’s what you missed this week: - Altcoin season is heating up. $ETH led the entire market through a 4 year resistance level, and Google search interest for “altcoins” hit a 5 year high. The setup for a new alt season is here. - Chainlink unveiled the Chainlink Reserve. A strategic reserve of $LINK tokens, funded by enterprise adoption revenue, designed to accumulate LINK and support long term growth. It’s the fuel for Chainlink’s push into trillions in tokenized assets. - Macro is shifting fast. Markets are betting a September rate cut is locked in, even as hotter than expected PPI raised questions. Liquidity is coming and risk assets are watching closely. - The degen world is alive and kicking. Three charts are flashing early signals. A new AI rotation is brewing. And platforms like Figure Markets are reshaping how traders earn yield while keeping custody of their assets. - We also dropped a bunch of must listen pods: Catch up on all of it before Monday hits and if you have not yet signed up, you can do it right here for free:
We’re mid-way through August. On the cusp of altcoin season… but not quite there yet. Here are 3 factors that could tip us over. (a thread)
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