Why A Broken Congress Is Bullish for Crypto
Post-midterm gridlock is framed as constructive for crypto, but the call does not guarantee new highs.AI delivery estimates diverge, yet operational compute could command a premium amid permitting delays and heavy capital demands.Elysium targets HyperEVM’s roughly seven TPS and $30–$100 congestion fees; its planned allocation of 50% of sequencer revenue to KNTQ buybacks hinges on attracting users.
GoodAlexander - The AI Trade Is Topping, Google’s Search Problem and the Long Coins Trade
Anthropic’s inference growth slowed from 140% to 45% quarter on quarter, putting frontier AI valuations at risk if Fable 5.5 fails to reaccelerate Q4 demand.A cheaper model matching Opus could compress adjusted inference gross margins from 50–60% to 10–15%, while AI search weakens Google’s monopoly pricing as search falls below 50% of revenue.CoreWeave’s blended financing can be manageable while GPU rental rates hold, but expanding capacity into slowing inference demand risks saturating the market with tokens.
THE LARGEST HEIST IN HISTORY w/ Mayne and insentos
Binance’s reported outflows reached $5.78 billion, while final losses and recovery remained unresolved.Coinbase offset a 10% quarterly spot-volume decline with prediction-market growth, keeping revenue flat.ICE’s announced Trade.xyz partnership, reportedly tied to about 50% of Hyperliquid volume, supports wider adoption; Druckenmiller’s Trade.xyz investment is a potential TradFi channel, not evidence he bought HYPE.
Octav Founder Shares His DeFi Playbook: Options, Uniswap LPs, and Tokenized Stocks
Tokenized equities let retail users borrow against one NVIDIA share, pairing familiar collateral with DeFi composability.Baril says scarce Uniswap liquidity at Robinhood’s launch earned roughly $75,000–$80,000 in two weeks at 3–5% fees, until competitors undercut them at 1%.Falling prices increase LP risky-asset inventory, so fixed-premium puts help only when pool fees cover their cost.
Hacking Just Got 1000x Cheaper
KevinJasonJoséYanCeterisJake Sylvestre
Attack costs may have fallen “probably 100, maybe 1,000 fold,” while defenders spend 10–1,000 times more; compromised trust infrastructure lets one entry point seed further attacks, a panelist says the demand is “very bullish compute.”Anthropic’s cash and no customer exceeding 10% of revenue ease near-term financing fears, but open-source commoditization and whether demand absorbs efficiency gains remain unresolved.
Qiao Wang on Counterparty: Bitcoin, AI, Zcash and IPOs
Wang’s Bitcoin thesis rests on fixed supply and government money printing; today he favors underowned crypto over crowded AI, while remaining bullish on AI over five to 10 years.He puts AI’s immediate cryptographic threat below 1%, while quantum risk may emerge in five to 10 years and require governance consensus to address.Zcash is his preferred hedge, but team abandonment or irreversible cryptographic failure would invalidate the thesis; he avoids mega-IPOs amid adverse selection and six-to-12-month underperformance.
AI Bubble Burst? Bitcoin to Zero? Hedge Funds Wrecked? Sounds Like a Bottom is Near
Visser argues the AI selloff reflects hedge-fund deleveraging nearing its end, potentially opening a three-month entry window if recession is avoided.Crowded positions built over 18 months are unwinding in 75 days, while weak index hedges push funds into stock shorts and raise squeeze risk; corporate profits are still up 20%.Credit stress and widening junk spreads could undermine the bottom call, while Micron’s possible rise to $1,500 by February’s end and tokenization’s growth offer catalysts to watch.
It's worse than you think w/ Tulip King, Eli Ben-Sasson and Saeed Badreg
Tulip KingEli Ben-SassonSaeed Badreg
Ansem’s October 22, 2026 risk reduction clashes with Tulip King’s “retirement cycle,” as stablecoin use and scaling challenge ETH/SOL value capture.Sunrise’s roughly $160 trillion tokenization opportunity hinges on market makers, mint-and-redeem arbitrage and distribution, not merely cross-chain transfers.Starknet’s L1 exploration adds a post-quantum catalyst, but Ben-Sasson’s “next two years” is a concern window, not an attack forecast.
The Worst Is Behind Us
Bitcoin’s rebound to $84.4K signals relief, not a confirmed bottom.AI’s roughly $4T CapEx hurdle through 2029 requires $500B in free cash flow at a 12% return, while VC-funded demand and overbuild remain risks.Quantum uncertainty has prompted one speaker to shift some long-term Bitcoin holdings into Zcash, while another is reconsidering his position.
168X 对话 Jason Kam: Crypto & AI，这个周期怎么看？
Jason视未来12—18个月为分批吸纳Crypto的窗口，AI财富效应或带来100亿—600亿美元增量资金。他认为AI最难判断的是每块GPU最终能收多少钱，因此更偏好云与超大规模云厂商，而非无差别押注半导体。中国AI要分开看DeepSeek、腾讯与字节；持有PDD是为衰退防守，机器人则是他确信的下一条叙事。