BlockBuilders

Don’t worry, even the pros have no clue what comes next.

A 6-sigma event occurs once every 4 million years in theory, and we had two in one week (!). Obviously, the math doesn’t hold up here because financial markets don’t follow a perfect normal distribution.

Apparently, there was a blue wave in the elections. My portfolio, however, seems to have missed the memo. It's nothing but red.

The only thing missing to make this trading day even worse would be Anthropic announcing that it’s delaying its IPO. 😅

One of the most fascinating insights from economic history: Those who develop a revolutionary technology are rarely the ones who profit most from it. Four examples: ➡️Gutenberg revolutionized printing and ended up financially ruined. ➡️Xerox PARC

I don’t think you’re long enough on AI.

Bitcoin at $80,000, Ethereum up nearly 6 percent after the U.S. midterm elections. The full briefing:

I guess we’re still a long way from superintelligence wiping us all out. 😅

🧵 Democrats win the midterms—and five finance podcasts draw completely different conclusions. Wingstop headed for $200? Apple as an anti-AI trade? Solar and power grids instead of data centers? And why caution is warranted around the Anthropic IPO. 👇 Article link in the reply

All buy and avoid signals from Money Train, Markus Koch, Handelsblatt Today, Ohne Aktien wird schwer, and Alles auf Aktien in Podcast Radar:

In hindsight, no one should claim there were no warning signs that Europe is falling behind technologically. Sequoia, one of the world’s largest VCs with $82 billion in AUM, is closing its European office and will operate exclusively from the Bay Area going forward.

Do you remember DeFiChain? First came big promises, then massive losses for investors, and eventually Julian Hosp’s departure. Now the project has also been hacked. With a market cap of $91,000, even the hacker might regret getting in.

😂😂😂

Midterms, ETHGas, and Justin Sun vs. WLFI – the full Block-Builders briefing:

🧵 Trump loses both chambers in the US midterm elections—and Bitcoin rises? BTC at $78,000, ETH nearly $2,300. What the defeat means for the Bitcoin reserve, why Justin Sun is taking action against WLFI, and what’s behind ETHGas. 👇 Article link in the reply

All buy and avoid signals from 10 episodes, from Alphabet to Palantir, in the November 4 podcast roundup:

🧵 The Anthropic IPO is dividing financial podcasts: Zschäpitz wants to subscribe, Klöckner draws the line at a $2 trillion valuation, and Röhl warns against the IPO ETP. And: Was the Alphabet sell-off overdone? Three voices say yes. 👇 Article link in the reply

So much for Uptober. Bitcoin just had a red October, something that has only happened 4 times in the last 16 years. And two of those happened back-to-back in 2025 and 2026.