Overnight, the news got pretty wild.
Storage chip stocks took a collective nosedive in the U.S., with Western Digital and Seagate down more than 7%, while Microsoft hit a new high. But here’s what’s really worth watching: the S&P completed the first-ever on-chain derivatives swap. A traditional financial giant moving on-chain—that’s a more meaningful signal than a hundred people saying “the bull is back.” Saylor also popped up saying BTC is at the start of a bull market. He says that every day, so take it with a grain of salt—but he’s not wrong about the direction.
South Korea is picking up the pace too. Regulators have mapped out a roadmap for tokenized stocks and bonds, with Phase 1 set to launch in February 2027. AVAX has landed the infrastructure role. The value of tokenized stocks on Kamino has grown 15-fold in a year, from $3 million to $50 million. It’s still a small market, but the growth curve is startling. I’m keeping a close eye on the RWA space.
A risk reminder, too: six ships were attacked in the Strait of Hormuz overnight, Iran threatened to sink U.S. warships, and diesel futures surged 4.5%. Geopolitical tensions are driving inflation, and Fed’s Collins is still calling for more rate hikes before year-end. The macro backdrop isn’t exactly friendly, so keep your position sizes in check.
$BTC $ETH $AVAX
NFA DYOR
Storage chip stocks took a collective nosedive in the U.S., with Western Digital and Seagate down more than 7%, while Microsoft hit a new high. But here’s what’s really worth watching: the S&P completed the first-ever on-chain derivatives swap. A traditional financial giant moving on-chain—that’s a more meaningful signal than a hundred people saying “the bull is back.” Saylor also popped up saying BTC is at the start of a bull market. He says that every day, so take it with a grain of salt—but he’s not wrong about the direction.
South Korea is picking up the pace too. Regulators have mapped out a roadmap for tokenized stocks and bonds, with Phase 1 set to launch in February 2027. AVAX has landed the infrastructure role. The value of tokenized stocks on Kamino has grown 15-fold in a year, from $3 million to $50 million. It’s still a small market, but the growth curve is startling. I’m keeping a close eye on the RWA space.
A risk reminder, too: six ships were attacked in the Strait of Hormuz overnight, Iran threatened to sink U.S. warships, and diesel futures surged 4.5%. Geopolitical tensions are driving inflation, and Fed’s Collins is still calling for more rate hikes before year-end. The macro backdrop isn’t exactly friendly, so keep your position sizes in check.
$BTC $ETH $AVAX
NFA DYOR