𝗕𝗶𝘁𝗰𝗼𝗶𝗻/𝗖𝗿𝘆𝗽𝘁𝗼 - 𝗧𝗵𝗲 𝗪𝗲𝗲𝗸 𝗔𝗵𝗲𝗮𝗱 - $𝟳𝟬,𝟬𝟬𝟬 𝗶𝘀 𝘄𝗶𝘁𝗵𝗶𝗻 𝗿𝗲𝗮𝗰𝗵

Sign up here to receive this every Sunday/Monday: https://mail.10xresearch.co/

𝗠𝗼𝗻𝗱𝗮𝘆, 𝗢𝗰𝘁𝗼𝗯𝗲𝗿 𝟮𝟴: Massive $1.7 billion of token unlocks this week vs. last week of $758m, but then unlocks slow down from $3.9 billion in October to just $2.1 billion in November. The Arena, Avalanche’s leading SocialFi app, is launching its token ($AVAX, $ARENA). Open Campus unlock ($9m, 1.9%), Maverick Protocol unlock ($8m, 2.6%). The U.S. corporate buyback window is estimated to reopen today; this should add positive momentum to stocks, estimated to add $6 billion of net buying per day.

𝗧𝘂𝗲𝘀𝗱𝗮𝘆: 𝗢𝗰𝘁𝗼𝗯𝗲𝗿 𝟮𝟵: The Stacks ($STX) Nakamoto upgrade, rescheduled for Oct. 29, will significantly enhance transaction speeds on the Stacks network. Corporate earnings: Alphabet, Portal unlock ($7m, 2.6%). Economic data: US JOLTS likely see lower job openings, which should cap 10-year treasury yields.

𝗪𝗲𝗱𝗻𝗲𝘀𝗱𝗮𝘆, 𝗢𝗰𝘁𝗼𝗯𝗲𝗿 𝟯𝟬: Chainlink’s SmartCon ($LINK) conference kicks off, and the team is expected to make major announcements. A $1 billion TIA token unlock is set for Oct. 30, allocating all tokens to early investors and core contributors. Corporate earnings: Meta Platforms and Microsoft.

𝗧𝗵𝘂𝗿𝘀𝗱𝗮𝘆, 𝗢𝗰𝘁𝗼𝗯𝗲𝗿 𝟯𝟭: Corporate earnings: Apple and Amazon. U.S. mutual funds year-end, potentially ending the selling pressure on laggards.

𝗙𝗿𝗶𝗱𝗮𝘆, 𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝟭: Immutable unlock ($44m, 1.6%), dYdX unlock ($9m, 1.1%), Seasonality: average return in November is +5.8% with six up and four down during the last 10 years, December average returns +9.1% with five up and five down. Token unlocks slowed from $3.9 billion in October to just $2.1 billion in November, and a lot of supply overhang was reduced (positive). Economic data: US nonfarm payrolls are expected to print closer to +100k vs. +254k the previous month; this should also cap US treasury yields this week. However, the ISM Manufacturing index is expected to rebound modestly.

𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝟱: US Election, Tuesday: Election Polymarket currently assigns his winning probability at 65.0%. Other sources also show him in the lead: Economist Magazine at 54.0%, Nate Silver's Silver Bulletin at 53.3%, FiveThirtyEight at 52.9%, and RealClearPolitics' betting average rising to 61.3%. Trump also maintains significant leads across all six swing states. Trump Media’s share price, noted on October 18, has surged +30% over the past week and is up +200% since the end of September. MAGA meme coin is up +65% in the last 30 days.

𝗢𝘁𝗵𝗲𝗿 𝗻𝗲𝘄𝘀 𝗶𝗻 𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿:

$FXS: Frax Finance ....-> see full note, link in the comments section

𝗢𝘁𝗵𝗲𝗿 𝗻𝗲𝘄𝘀 𝗶𝗻 𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿:

Microsoft's annual shareholder -> see full note, link in the comments section