DeFiWarhol

There aren’t enough actual buyers for $BTC yet.
Let me explain.
The latest move up was mostly driven by shorts getting liquidated and buying back their positions to close.
It can send price flying in the short term, but it isn’t the same as new buyers coming in and opening fresh long positions.
For this rally to actually hold, we need to see fresh long positions and spot demand start taking over.
Just some food for thought. Stay safu.

Wow!
Top TradFi firms are suddenly fighting to hire crypto talent.
This is where real adoption is happening.

POV: You flipped $1,000 into $100,000 by flipping memes in the Robinhood trenches.
Now, it's time to off-ramp.
Here’s how much you'd have to pay in taxes, depending on your country:
🇦🇪 UAE: $100,000
🇭🇰 Hong Kong: $100,000
🇸🇬 Singapore: $100,000
🇧🇪 Belgium: $90,100
🇵🇱 Poland: $81,190
🇮🇸 Iceland: $78,220
🇪🇸 Spain: $76,240
🇬🇧 UK: $76,240
🇦🇹 Austria: $72,775
🇸🇪 Sweden: $70,300
🇫🇷 France: $70,300
🇫🇮 Finland: $70,300
🇮🇹 Italy: $67,330
🇳🇴 Norway: $62,538
🇩🇰 Denmark: $55,450
Note: Some numbers are estimates and depend on other conditions & sources of income.

Almost $900M in DEX volume.
In less than 24 hours.
The trenches are heating FAST.

Last week $BTC reached $81K, its highest price in the last three months.
This small pullback is mostly from profit-taking, in my opinion (I’m still holding btw lol).
Right now, Bitcoin looks like it’s caught between a bit of consolidation and its next move higher.
I think the area just below $80K is where the real fight is happening. If buyers can defend it, the next major resistance sits around $82K–$83K.
A convincing move above that zone could open a relatively clear path toward $90K and, eventually, $100K.
You can never be 100% sure with these things, though, so rn I’m just chilling and wat

Liquidity finally rotated back into utility plays in August.
It was the result of different catalysts:
1/ Crypto Infrastructure: +50.8%
@chainlink institutional integrations + @LayerZero_Core’s ATLAS catalyst
2/ DeFi Lending & Yield: +34.4%
@Aave-led deposit recovery + more RWA/fixed-rate credit
3/ Exchanges & Brokers: +27.4%
Trading rebound + tokenized stocks/TradFi expansion
4/ DEX & Trading: +22.2%
@RobinhoodCrypto + @Uniswap stock volume + @HyperliquidX trading
5/ Stablecoins & RWA: +14.2%
USDC adoption + more tokenized funds and bank deposits
6/ Smart Contract Platforms: +13.6%
ETH/SOL in

It's like everything on the @RobinhoodCrypto chain got a turbo injection over the past week.
Since August 20th:
→ @ArtificiallyInu (AI): +384%
→ @Juggernautrh (JUGGERNAUT): +367%
→ @ponsdotfamily (PONS): +269%
→ @TheIndexFi (INDEX): +267%
→ @cashcat_token (CASHCAT): +89%
→ @thinkingcatRH (HMM): +39%
The momentum is spreading to plenty of other tokens too. Feels like we’re already pretty deep into this RH memecoin run.
This is not a point in time where I would start chasing new candles on these tokens.
FOMO is your enemy, not your friend.

BREAKING: The median hold time of @solana tokens has increased to 45 seconds!