The information in this message does not represent any financial or investment advice. They're just random thoughts in my head.
gm
**MACRO** - Not much to really add here still, futures are opening a touch lower today while interest rates seem to have stabilised at these new lower levels. It's going to be a quiet end to a quiet week but from next week onwards we will have plenty of things to look forward to with payrolls, then CPI and then FOMC.
**CRYPTO** - Nice Friday pump to give us that weekend feeling has BTC hit as high as 38.7K and ETH north of 2100 before settling at 38.4 and 2090 respectively. It does certainly feel like a BTC-led pump as most alts are higher but not at new YTD highs. Like I said yesterday, IMO crypto keeps rallying into year end as people try to position for the Jan 10th headline which may end up being a sell the news event. But especially as we get into holiday season and people start talking about crypto again with all the money investors have made this year, I think the stage is set for massive retail inflow, but also institutional inflow as they watch behemoths like Blackrock get involved. I honestly thing we are in for some fireworks for December.
**NFTs** - The biggest news really is FlamingoDAO who just spend almost 500ETH on a wide range of NFTs which was focused primarily on ArtBlocks stuff it seems but there were a few other things in there notably a couple of pieces from ACK's Piano collection. Nice to see activity in ETH NFTs pick up after SOL NFTs have gone on such a massive run and I think the true art/blue-chip stuff on ETH will in due course see new highs...but it's going to be a whale/institutional game for sure.
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Get some rest this weekend and GL!