Buckle Up for Crypto Market Volatility - AB #12 [y0_lW6LYwa3]
Buckle Up for Crypto Market Volatility - AB #12 [y0_lW6LYwa3]
| 1h 28m 28s | Video has closed captioning.
On episode #12 of Alpha Bites, the crypto market is in a consolidation phase with record low volatility for Bitcoin and Ethereum. But buckle up, that's about to change. JJ breaks down the DXY, the VIX, and US treasuries to suggest where the market is headed, and argues why a hot CPI print is the main catalyst for a move either up or down. Either way, prepare for crypto market volatility. Next, Ben explores the ETH yield decline as network validators have peaked, staking yields continue to fall, and gas fees are falling. Ben explores yield opportunities on Pendle Finance and argues the wide yield spreads suggest stress in the system. Ray returns to the Bitcoin chart and suggests the market remains in a bullish uptrend despite consolidation, pointing to higher lows on the weekly chart. He also argues that ETF and PayPal's stablecoin news are muted as most money remains on the sidelines. Kodi gets the most air time to date as he "Likes or Spikes" five different projects: - Stride’s stATOM/ATOM becomes the 2nd pool by TVL in the Cosmos DEX Osmosis - Spark’s TVL surges to new highs as the interest rate paid to DAI holders rises to 8% - White hats and auditors create Seal 911, a hotline for protocols being hacked - Polygon Proposes Token Switch From MATIC to POL - PayPal launches a stablecoin in partnership with Paxos Ben reviews his latest Espresso article "What Crypto Can Learn From the Corn Economy" and argues that price stability should be a goal for crypto networks to attract more real-world adoption. Finally, the team discusses the meme value of President Joe Biden's laser eye mug, and concludes crypto is winning the meme battle. Long live crypto. Hit the subscribe buttons to stay current on these data trends and to be notified when we (finally) go live on video. Follow the team: xChanging Good Studios Espresso Newsletter On Twitter @Marconiwight @MrBenLilly @JlabsJanitor @horushughes @Kodi_thekid @benjamin_skew ## Disclosure Statement This content is for entertainment purposes only. Nothing shared during this broadcast is or should be considered financial advice. The views and thoughts shared here are simply opinions. Do your own research and consult a registered financial advisor before making any investments.
Aired: November 24, 2024
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