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The Future of Money

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๐Ÿ”ฅ BIG: Over a third of all $ETH is now staked, hitting a record of roughly 36% of supply.

Holders aren't selling, they're locking up.

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โšก NEW: Tether just got 15 Bitcoin mining heavyweights, including Bitmain, MicroBT and Foundry, to back its open-source mining kit.

The endgame is AI agents running mining farms.

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๐Ÿ”ฅ LATEST: Pump.fun just out-earned Hyperliquid, pulling in $1.98M in 24 hours to Hyperliquid's $1.96M.

Memecoins are printing again.

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โšก BIG: Fidelity's Zack Wainwright says $BTC took nearly 16 years to hit $100K, but the jump to $200K could happen much faster.

He says Bitcoin's up nearly 50% from its June low near $58K.

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๐Ÿ”ฅ BIG: Morgan Stanley is backing a $400M credit line for TeraWulf, up 60% from $250M.

The miner turned AI data center play keeps getting Wall Street money.

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๐Ÿ”ฅ INSIGHT: The crypto bull market has already started.

Macro investor Jordi Visser told Ciaran Lyons that we're in the very early stages of the most important phase of crypto's maturation.

He traced the spark back to Treasury Secretary Scott Bessent stepping into the yen and opening the door to changes in Treasury buybacks, a debasement move that got the whole market excited, he said on #TRADESECRETS.

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๐Ÿ‡ฎ๐Ÿ‡ฑ BIG: The Bank of Israel just shot down Netanyahu's idea of using crypto to dodge sanctions, saying crypto "cannot be used as a route for bypassing sanctions."

Netanyahu's reply: "I listen, but I do what I think [is best]."

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๐Ÿ”ฅ NEW: Nearly 60% of stock token trading on Robinhood Chain happens when Wall Street is closed, according to Entropy's Tom Wan.

$532M of it traded on weekends alone, over just one month.

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๐Ÿ‡ช๐Ÿ‡บ LATEST: The ECB says the digital euro is about "sovereignty," with a pilot next year and a rollout as early as 2029.

Two-thirds of euro-area card payments currently run through non-European companies.


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๐Ÿšจ LATEST: Solana just added $22M in euro stablecoins in a week, more than every other chain on Token Terminal's list combined.

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๐Ÿ”ฅ TODAY: Tom Lee says 99% of finance still runs on old rails, and that's exactly why banks are underestimating how fast crypto could take over.

Banks without a crypto plan could get left behind.

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๐Ÿ‡ฐ๐Ÿ‡ท BIG: Goldman Sachs just slashed its KOSPI target by 25%, from 12,000 to 9,000.

The index has crashed over 35% from its June peak as the AI trade unravels.

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๐Ÿšจ TODAY: Elon Musk says debt markets have nearly shut out firms without non-AI revenue, predicting most of the 200+ neoclouds wonโ€™t survive.

He adds SpaceX still secured $40B in GPU debt, backed by Starlink and launch revenue.

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๐Ÿ‡บ๐Ÿ‡ธ LATEST: Trump calls high gas prices โ€œa small price to payโ€ for the Iran War, saying he expected them to double or triple.

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