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Welcome to this episode of our podcast, where we'll be diving into some interesting developments in the financial markets and crypto space. Today, we'll cover topics ranging from equities and interest rates to the state of Binance US and the intriguing speculation surrounding a massive Miner. We'll also touch upon Arkham, an initiative that has garnered attention and mixed reactions.

Let's start with equities, which are currently experiencing a period of uncertainty. They are described as "basically uncharges," implying that they lack a clear direction. Meanwhile, interest rates have had a rally, likely impacting market dynamics.

Raoul Pal, a prominent figure in the finance industry, recently posted about short interest in treasury bonds. This comes just as the Consumer Price Index (CPI) number is approaching, which adds to the anticipation and speculation among investors. The Federal Open Market Committee (FOMC) and their concerns are also contributing to a crowded short position, further complicating the market outlook.

Shifting gears to the world of cryptocurrency, Binance US has been the subject of scrutiny due to discrepancies in market prices and concerns about the availability of coin inventory. Users have reported difficulties moving USD in or out of the platform, leading to speculation that the entire platform may be winding down.

Another intriguing topic is the speculation surrounding a massive Miner. This individual or group is believed to be responsible for preventing Bitcoin (BTC) from breaking past the $31,000 mark. The motives behind such actions remain unknown, sparking curiosity and discussions within the crypto community.

Lastly, we delve into Arkham, a project that aims to identify anonymous accounts and increase transparency through incentivized information sharing. Some view Arkham as a Fed-backed initiative, akin to a "big brother" overseeing and doxxing individuals. Memes and tweets surrounding this project have circulated widely, often injecting humor into the conversation. However, the actual product has left many people feeling uneasy, as it highlights the fact that everything one does is recorded on the blockchain, reinforcing the idea that true anonymity may be elusive.

These recent developments showcase the complex and ever-evolving nature of the financial markets and the crypto space. As always, it's crucial to stay informed and consider the implications of these trends on your investment strategies. Remember, even in the world of decentralized finance, privacy might not be as guaranteed as it seems.

GM!

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Welcome to this episode of our podcast. In today's market update, we start with equities, which closed low on Friday due to payroll numbers falling below expectations. As we begin the new week, the markets are opening unchanged, with both the S&P and Nasdaq showing a slight decline.

Shifting our focus to the cryptocurrency market, Bitcoin dominance has risen back to around 51%, resulting in some pain for altcoins. Amidst the chaos, Solana has managed to maintain a decent base.

In recent news, @VitalikButerin, a prominent figure in the crypto space, has been making appearances and was recently featured on a Space with the Taproot Wizards. Surprisingly, he is not a hardcore maximalist when it comes to Ethereum, as he actually came from the world of Bitcoin.

Moving on to the NFT market, Bored Apes experienced a dip but have since rebounded, with prices for certain pieces reaching up to 35 ETH. Notably, a hoodie Punk was traded for an impressive $400k. Additionally, there has been a reduction in Blur Farmers, and healthy sales have been observed in items like Fidenzas.

We are joined by Neal Gorevic the Chief Marketing Officer at Consensys, an organization that predates the formation of the first Ethereum block. Consensys sees itself as an end-to-end shop for builders and developers worldwide. Neal previously held the position of Global Head of Consumer Marketing at Spotify before joining Consensys.

Consensys recently conducted a global usage survey, revealing that emerging markets are more receptive to cryptocurrencies and related technologies than Western markets. There is a palpable excitement about crypto and its potential.

In the discussion segment, we delve into the concept of creating a more optimistic internet. While the internet has seen fantastic innovations in communication, the rise of advertising has led to the invasion of our personal information. Neal envisions a future where communities can self-form and build from the inside out, bringing about a new type of internet.

When communities form, culture becomes a natural byproduct. It is crucial for the crypto space to actively promote and nurture these cultural aspects. Consensys' shift in control aims to empower builders and provide them with a sense of agency, ultimately driving the space forward. They offer a comprehensive suite of tools to support this mission.

That concludes our podcast episode for today. Thank you for tuning in, and we'll be back with more insights and updates next time.

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Today was a gas! the friday special with the market report as usual, an appearance from Mika, and farokh with all the vibes.

GM!

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Market is back open after being closed for July 4th yesterday, and things are unchanged for the most part. Oil prices are rising a little bit, likely on the back of the Ukrainian power plant news. 

Crypto had a pullback over night with Bitcoin dropping back below $31,000. OSF points out that the chartists were incorrect again, and we didn't see the expected rally after breaking that level. Be wary of the chart and those who live and trade by them. 

Mando imagines that we could be locked in these price ranges for a while; It's still very possible and likely that we see ETH hit 2k, but it might not be in the immediate future.

It looks like there was a bit of a bounce in NFTs in a few collections. The power of Machi continues to threaten collections and his positions have achieved a legendary status in the community for better or for worse. Azuki has managed to bounce and hold the current levels, even the Beanz are looking greener (no pun intended). 

What do you see as more valuable, the ETH or the NFT? This kind of market makes it difficult to choose and some assets may have a higher return on investment via ETH during this rough climate. Short term buys are not looking appetizing. 

A lost Robbie just recently sold for a healthy amount; However, the last one from this collection sold for a significant amount more. This stirred up the timeline amongst artists and critics alike. Sales for all artists have been in a downward trend, and sales for something that many don't find appealing and moreso a piece that was generated via code has some artists in their feels. 

Planet X

We were joined by James from @play_planetx which has been 3 years in the making and started out as a web2 game. He said his first space he tuned in to in web3 was an @alienfrens space, you love to see it 🖖. During the development of the game he saw the advantages and potential of building using the blockchain. His experience with Fortnite and digital ownership just made things click. 

Planet X is already a complete game as opposed to the typical "web3 gaming" mint-to-build model that hasn't really seen success as of yet. 

He wanted a game that has intense competition like winning a Battle Royale in Fortnite but offers real world rewards with a global treasure hunt that happens every single day. People join the map at a set time with "x" amount of treasure chests. If you find a treasure chest with something like a pair of Jordans, you win it instantly, but with one caveat; You have to take your prize to the extraction point during which time any other player can take your chest if they encounter and battle you. 

If you own an X droid you are eligible to compete in extreme hunts. The X droids are the actual NFT that will be mintable assets on launch. If the Mint goes as planned, there will be a Tesla up for grabs, yes that Tesla.

GM!

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It’s been looking rather rosey in traditional markets. Friday markets closed higher on both the Nasdaq and S&P, and today things are unchanged but nothing is expected as tomorrow is the 4th of July, a national holiday in the US. 

Friday is the US payrolls number, so watch out for that as the reports have come in above expectations previously.

Crypto is doing well with Bitcoin sitting around $31,000 and ETH sitting in the $1,900 range. 

Coinbase stock is up 28% on the week. BlackRock's ETF filling is set to be a success with the big news being they have named Coinbase as their exchange of choice to do business; they still have yet to refile, while Fidelity has already restarted the process. 

The sentiment around NFTs is not great. As soon as ETH broke through $1,900, it seemed to spark optimism about it continuing to rally causing people to liquidate their assets in favor of greater returns, along with the perceived failure mints and reveals. Bored apes are now trading around 28-27 ETH with Mutants down in the 5-7 ETH range. Collections that were seemingly outperforming over the past week have just gotten hammered, and to add to the fire, Elon limited the amount of tweets we could read on our favorite platform. 

A major issue with the current PFP meta is with projects trying to duplicate what Bored Ape Yacht Club has done to achieve the success they have up to this point, when we have clearly seen this fail time and time again. The original strategy of working with the first generation being supported by companions, V2, a coin, 3 airdrops and a cheap hoodie is just simply not working. 

STUBS

We were joined by this week's stubs artist, the duo of @EM1T and @Raskalov who do urban exploration and climbing to sickening heights across the entire globe. Raskalov grew up in Ukraine exploring, climbing local trees, and anything else he encountered. The duo climbed the Giza pyramids, a 2100 ft tower in Shanghai, the highest heights in NY, and the Christ the Redeemer statue in Rio de Janeiro.

Em1t has gone against the grain since his youth, and being rebellious through art offers him the rush of climbing new heights while also offering something valuable to people. Em1t describes that his introduction to NFTs was through @SuperchiefNFT gallery where he made physical pieces and was advised to hop into the rabbit hole we all call home. Shoutout to ED!

GM!

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Traditional markets and equities haven't seen a major move either with the Nasdaq down slightly. Interest rates had a pretty big move after Powell spoke yesterday alluding to further rate hikes this year. This is opposite of what people were expecting, with the last bit of shared info pointing to a pause on hikes. 

Crypto is rallying today after the lull yesterday. BTC is at $31.5k and ETH is at $1830. The general consensus is if Bitcoin breaks past 31k there will be a rally up, but it's all speculation. This is NFA!

The ETH/BTC pair is at 12 month lows. The stage seems to agree that Proto-danksharding will save us (not really but it's fun to say and type).

Latest updates from the SEC rampage is pointing to a good outcome for crypto as a whole. It seems that it might not even be up to the SEC to make certain decisions and we could see some light on the horizon yet.

There is also news of FTX attempting a revival, which has ruffled some feathers to say the least. There are some major investors trying to buy back into the bane of the crypto space which is surprising to most. 

NFTs are still having a bit of fallout after the Azuki Elementals mint. The floor price on the new collection has stayed basically the same, for both revealed and unrevealed beans, although some of the rare ones have fetched a proper price. @ZAGABOND is supposed to speak tonight in a holders-only setting, which is causing some speculation. If he has something positive to share or hint at, we could see some good price action as a result. There is still the unknown influence of the green beans on the entire ecosystem as well.

BoDoggos 

We were joined by @EasyEatsBodega who recently dropped the @BoDoggosNFT on Solana. The doggos went through a complete revamp of the art leading up to the launch before landing on the beloved canine jpegs we have now. You can bet that Easy has big plans for this collection! They have already hit 87k SOL in volume. 

You can expect to see more rollouts on the Bodoggos page, more comics, some animations etc. Content, product, community are the 3 focal points for the team.

Yuga

@yugalabs launched a trailer on HV-MTL and the Forge. There is also a big explainer video out, showing some exclusive features based on what sets you hold, as well as some sort of cleaning mechanism, Dyor. The game is powered by Apecoin, so it seems logical that in game purchases will be made using the token. There are 6 different stages of the HV-MTL mechs, so we have no idea what their final forms will look like.

GM

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Strong day in macro which supported the move up for traditional markets. Some talk of a ban on crypto in china has led to some false news and misplaced FUD. Saylor is buying bitcoin again, and has bought $350 million worth of bitcoin over the past 3 months as an ongoing buyer of bitcoin year over year. This recent acquisition in the given time period is the equivalent of buying 200 Bitcoin per day! The rumor making the timeline is that he pushed Bitcoin to 31k, but it just isn't possible given the insane daily volume even though he is buying a small islands worth daily. 

The NFT space is going bonkers after the @Azuki reveal yesterday. It is unclear how they will be able to bounce back from this, and the only lingering hope is these green beans that nobody has any solid information about…but the contract points to some burn mechanism. Apparently a green bean loading was announced back in December, and isn’t something new. 

We had @gmoneyNFT on who states that an L for Azuki is an L for all of us. If you are doing a drop to expand the community, selling to only the existing community is not ideal. The apology from the team was odd as well, since it seemed to point to more beans instead of resolving the current issue.

@batzdu put a tweet out about Azuki basically being finished, which is really tough to read from a respected figure like batz.

@osf_rekt thinks they have taken a massive hit and speculates that they may have rushed this mint. They have successfully raised money and built a war chest, despite just fluffing the community with another 10k duplicates. 

There is a community warning about the Green Beans since they have not been officially confirmed by the team. It might be best to not interact until there is some clarity, stay safe!

The anime is the biggest hope at this point, they have confirmed it is in the works so it will be interesting. The downside is that might take even more than the 40 mil they just raised to create a full on series of the highest quality. 

@steezysloth points to the strategic aspect of the launch. The intent was to get new people into the garden but there was never a viable path for new entrants with the mint. He also sees an issue with the liquidity pull; one thing that most people are overlooking is the giant 40 million bag they are now holding, and now success will just be about regaining the communities trust as they have already won in terms of cash.      -We Heart the Steeeez!-

There are roughly 50% of the beans revealed at this point, so this is a fairly accurate depiction of the entire collection, but we may be in fore some surprises yet. 

The stage went on to discuss what makes a project great, and most of it has nothing to do with the amount of money they hold or have raised. Imagine if you had 200-300 close friends IRL, you could do so much. This is the appeal of most projects and huge treasuries that aren't necessarily required to make a great NFT project.

Have an opinion on the elementals? leave a comment! 👇

GM!

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Traditional markets are seeing a bit of bounce. We lost some ground yesterday but things are back up today. Interest rates haven't been moving much and OSF thinks we won't see much activity over the next few months given the recent stance of the Fed. 

Rumors of Fidelity filing for a BTC ETF seem to be true. There was also some positive news around Coinbase and Blackrock collaborating in some capacity, and Coinbase’s stock has seen some positive movement as a result. 

Macro data points are becoming less important in regards to impact since the Fed has been very clear on their plan and how it will be executed. Inflation is still a factor, but unless it comes in as a big miss/higher, there isn't much to expect. 

Not a great day in NFTs heading into the @Azuki elemental mint. Most collections have sold off leading to the mint. Yesterday's volumes across were in the 35 million range and the total value of this mint will exceed this, for some perspective. The amount of liquidity in the Azuki ecosystem is large and holders are locked and loaded, and Mando speculates that it will sell out before the public mint. Hopefully it goes well and trades up from the break. It's still a dangerous event and if it turns sour it could really lead to blood in the streets. 

Apecoin DAO Council

A brief description of the candidates who came on the show today. The real gold in this episode came from the candidates' responses to various questions. Worth listening back if you want info on who to give your votes to. 

@karmapocket Sold a company to Alibaba and started investing in crypto/NFTs. He joined the ApeCoin DAO in 2021 and started his own DAO and investment fund. His goal is to see global representation within the ApeCoin DAO.

@Waabam_eth Worked at a law firm and entered web3 before finding Ape Coin and participating in the DAO. He has already created working AIP's and has few in the works for the future. His goal is to spread the coin to the masses while creating opportunity. 

@CapetainTrippy, has been an entrepreneur and business owner over the last 15 years, growing from the bottom up to be a successful business owner. Early in 2021, he bought an ape post mint and started being an active community member focused on the long term success of the apes. The DAO is an opportunity for him to use his skills to operate and ultimately grow the platform. 

@byswickie minted an ape and then later acquired her ape, Kiki, who has become quite the persona in the space. She comes from a journalism and academic background, and has run various community events for the apes and outside collections. She thinks it's important to have a very balanced council, and her focus is on the community aspect and spreading awareness of the DAO. 

Don’t forget to cast your votes! 1 Apecoin = 1 vote!

GM!

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Today was our host Mando's birthday so he was out enjoying the sun and touching grass. Our other host osf had obligations as well so we were joined by the legendary Michaela who brought the vibes.

The feature of today's show was DEM from Azuki sharing a stage with us. Azuki is currently holding an event in Las V Vegas, NV with over 20 different individual events all tied to the community. Our very own Threadguy and Leap are running around the city and being documented by Jordan.

GM!

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Stuff just went absolutely insane after the close of the show yesterday. BTC peaked at nearly 31k and ETH went up to $1830. Many other alts are seeing movement, with the two major coins seeing the most positive action. Mando is still looking to dips in ETH & BTC vs loading up on an alt. 

Tokenization could be a 5 trillion dollar industry according to Bernstein! A crazy sentiment to hear, and it's following the Blackrock and other funds etc efforts. 

Stocks and Bonds are now seeing weakness and crypto is running strong. This is a complete reversal of the past few weeks and strengthens the decoupling narrative for crypto. 

Azuki is one of the most interesting stories in the space. Amidst consistent downward pressure, adukis have held strong or crept up. They are having an event this weekend in Vegas that has adequate hype behind it. 

There is a blackrock NFT that was a free mint apparently and is seeing some movement. No not the investment fund, they are literally just black rocks. 

NFTs are momentum assets. The higher the price the more attractive it is. If the price goes down, it's very likely that it will go down again today. 

Our favorite mutant, @notthreadguy successfully made it into the next round of the Ape Coin Dao Council vote which is set to start today. 

Who do you have in the fight? @elonmusk or Zuckerberg??

The writer of this article is team suck, his BJJ skills will crush the mars man. just me? 

GM!

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