Crypto Mumbles

there also seems to be an NFT resurgence as the narrative for NFTs is slowly shifting to “picture memecoins”, instead of the airy fairy utilities they once promised back in 2021

All the previous instances of pumps that were similar to the current one did resolve higher during this cycle I'm betting on this time not being different

Hyperliquid Officially Activates "AQAv2" to Buy Back and Burn HYPE with USDC Reserve Yield Hyperliquid announced the activation of its "AQAv2 (Aligned Quote Asset v2)" framework starting August 26, which directs yield generated from USDC reserves toward programmatic market buybacks and burns of the native HYPE token. Under the structure—supported by Circle as technical deployer and Coinbase as treasury manager—approximately 90% of reserve yield is shared with the protocol and transferred in 30-day cycles to the Assistance Fund (AF) to execute HYPE buybacks and permanent burns. Yield accrual begins on August 26 with the inaugural payout and execution scheduled for October 3. — link

BREAKING: Canada announces new 50% retaliatory tariffs on $20 billion worth of annual US imports, matching President Trump's tariffs dollar-for-dollar. These tariffs include US steel, aluminum, furniture, clothing, video-game consoles, smartphones, and other electronics. (@TheKobeissiLetter)

JUST IN: 🇨🇳🇺🇸 China warns it could retaliate against the US over Iran sanctions. @WatcherGuru

i already know posts like these are going to get someone broke https://x.com/Quanterty/status/2091943238517006371?s=20

one of the most handy elfa features so far, i've been using it myself a ton get notified only when a tg channel mentions something that you're interested in like a ticker or topic no need for muting, manual scanning, or endless notifs from telegram anymore *only works for public channels https://x.com/elfa_ai/status/2092160315668763005?s=20

post-scarcity abundance https://x.com/yishan/status/2092041265781277007?s=46&t=nluSw7cwYGx8zFxfoYi5Iw

GM I still expect a short-term correction (shakeout) of 5%-20%, depending on the coin. Not ruling out a last LTF leg up towards $80k, but many altcoins are hitting resistance and sentiment is getting way too overheated. Once again, I'm not selling. In fact, I'll be looking to add to my spot bags if that shakeout happens. Let's have a great week!