🔥 Get access to the exclusive monthly AMA and drinks session with OSF and Mando by signing up to RV Crypto https://rvtv.io/44e8Yj0. Equities and digital assets have decoupled. Why? And when will crypto push higher? Rektguy and Canary Labs co-founders Ovie "OSF" Faruq and Michael "Mando" Anderson are back to review the biggest themes and narratives this past week, including why cryptocurrencies have not followed the lead set by stocks, which set new all-time highs this week, and bitcoin's increasing dominance. Chapters: 00:00 - Intro 01:04 - Conversation about the upcoming Euros 02:27 - Transition to discussing the crypto market 02:48 - Overview of the past week's market performance 02:55 - Bitcoin's movement and support levels 03:05 - Performance of ETH and Solana 03:12 - Bitcoin dominance and its implications 03:43 - OSF's feelings about the market and recent price action 04:19 - Discussion on the bullish fundamentals of crypto 04:30 - Overview of CPI, PPI, and FOMC impacts 05:01 - Market sentiment and the effect of recent data 05:21 - Comparisons to last year’s market behavior 05:34 - Discussion on the supply overhang and its potential sources 06:43 - Prediction of new all-time highs in the coming months 07:01 - Discussion on market frustration and lack of momentum 07:55 - OSF talks about minor selling and its impact 08:19 - The importance of catalysts for market movement 09:03 - Discussion on the technical factors affecting the market 19:05 - Discussion on the rise of celebrity tokens 19:17 - Mention of Andrew Tate’s token and its market impact 19:29 - Comparison to the NFT cycle of 2021-2022 19:59 - Detailed view on the speculative nature of celebrity tokens 21:00 - OSF's perspective on the risks and sustainability of these tokens 29:30 - Introduction of the Ton Coin and its recent performance 29:45 - Discussion on Ton Coin flipping ETH in active addresses 30:07 - The impact of Telegram’s user base on Ton Coin 30:29 - Speculation on Ton Coin being the "Solana" of this cycle 31:00 - Overview of the Curve founder’s liquidation situation 32:00 - Discussion on the implications for the DeFi market 32:56 - Comparison to traditional finance and margin loans 34:00 - Overview of Terraform Labs’ fine by the SEC 34:43 - Discussion on the implications of the fine and distribution of funds 35:29 - Comparison to CZ's settlement with the SEC 36:00 - Discussion on the performance of gaming tokens 36:23 - Analysis of Prime Parallel TCG’s tokenomics change 37:55 - Speculation on the future of crypto gaming and challenges Q&A Session 41:00 - Discussion on the need for a new narrative for Bitcoin 41:50 - Analysis of hedge funds doing carry trade and its impact 44:00 - Discussion on the impact of upcoming elections on investments 45:00 - Analysis of potential rate cuts by the FED 48:38 - Wrap-up and closing remarks 🔥 Get access to a monthly exclusive drinks session with OSF and Mando by signing up to RV Crypto: https://rvtv.io/44e8Yj0 Timestamps: (coming soon after the LIVE ends) Watch this on Real Vision for so so much more - content, trade ideas, notes, AI, research and an epic community. All in one place. Elevate your brand with Real Vision. Connect with us at [email protected] to explore advertising possibilities. About Real Vision™: We arm you with the knowledge, tools, and network to succeed on your financial journey. Connect with Real Vision™ Online: Website: https://www.realvision.com Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Facebook: https://rvtv.io/facebook Linkedin: https://rvtv.io/linkedin Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related