📢Macro
⚫️NASDAQ is at 17.9k, and Gold is steady at 2645.
⚫️US stock futures show a slight rise, aiming for new all-time highs.
⚫️There's a more than 50% chance of a 0.5% interest rate cut at the next Federal Reserve meeting.
⚫️Market analysts believe there's an 80% chance of a gentle economic slowdown.
⚫️TSMC is discussing building a massive chip factory in the UAE.
💰 Crypto
⚫️Bitcoin is at 63.6k, up 2%, Ethereum at 2660, up 3%, and Solana at 145, up 1%.
⚫️Leading gains this week are TAO, IMX, RNDR, #NEAR , POPCAT, and #AAVE .
⚫️Cryptocurrency funds experienced $321 million in inflows last week.
⚫️Kamala Harris has pledged to expand both cryptocurrency and AI industries.
⚫️TAO's value has doubled in two weeks amid AI hype.
⚫️SUI's Total Value Locked (TVL) surpasses $900 million.
⚫️Historically, Bitcoin returns an average of 88% in Q4.
⚫️Google searches for Bitcoin have dropped 75% since their peak in 2021.
⚫️Bitcoin is 161 days away from its next halving, which previously triggered a rally in 2020.
⚫️Venture capitals in crypto have raised $2.2 billion this year, significantly less than in 2021.
🌟 Web3 & NFT
⚫️Top performing coins include #MUMU , #NEIRO , #POPCAT , and DOGGO.
⚫️Notable NFTs making waves are NokeMonkes, Puppets, and OMB.
⚫️MUMU's value increased by 40% after ByBit listed its perpetual swaps.
⚫️NEIRO's CTO token's market cap hits $500 million, making it one of the top 10 memecoins.
⚫️Ethereum-based memecoins are among the highest gainers.
⚫️Puppets and NodeMonkes are seeing significant rebounds in the Ordinals market.