Todays Top Stories

Editor: @GreenCandleJack

Are you bullish enough?

In classic positive Saturday vibe tradition, the newsfeed was absolutely crammed with extremely bullish news that we simply cannot withhold from you. After a brief “Down-tober” hallucination affecting those with little conviction, “Up-tober” has been in full effect since the perfectly predicted October 10th mark.

As belief and conviction return to even the most feeble or stubborn, the feed fills up with a wonderful combination of moonboy bull-posts and data-backed statistics, all pointing in the same direction: The Moon!

Here are some of the most interesting metrics 👇️

Bitcoin is currently the 6th most mentioned topic in the entire world.

Source: LunarCrush

Whale accumulation is going absolutely parabolic. Some of this might be due to ETFs. And if you think I’m just talking about the obvious big spike, look even closer at the very end of the chart. Keep in mind this is a long-term chart. That last spike, as thin as a needle, might be the next move in the making. Remember, whales make the biggest waves!

On the more institutional side, we saw some very bullish announcements by the SEC yesterday. The Wall Street Degens are coming! 🐂 

Additionally, one after another, major banking corporations and entities are rushing to adopt, create, and even actively market crypto services! All this “institutional adoption” we’ve been fantasising and bull-posting about is finally here.

And it’s not just institutional! 👀 

It’s mainstream adoption too! For those who love games, as many of us do, you probably didn’t miss Off The Grid. It’s the first web3 game to actually garner real interest from players across the globe, including outside of Web3. Some people aren’t even aware it has crypto mechanics. Sadly, some “I just hate, to hate” types dismiss it the second they hear it does. For the vast majority though, it seems to spark major interest and joy in its players. In all fairness: Are most streamers paid? Yes! Is it perfect in its optimization? Hell no! But it’s in early access, which is meant for optimisation purposes and the paid streams are supplemented by many unpaid streamers, with over 1M+ hours of content already streamed on Twitch! 🤯

But what if you don’t care about games or any other chains? What if you only care about Bitcoin? Is there any development we can expect from this point? Let’s look at that!

Builders have shown increasing interest in building on Bitcoin, with Bitcoin now in third place in terms of growth.

And last but not least, the ETFs were supposed to bring us to Valhalla. Are they? Let’s see how the ETFs are doing.

Ok… So yeah… Seems clear to me! There is massive momentum gathering from across all narratives and on all levels of our industry.

Of course, this is never financial advice, and it doesn’t mean anything is guaranteed (it never is until the opportunity is gone), and we can still drop a little here and there. But, to me, it seems like the next few months are going to be absolutely massive and fun! Stay safe, do your own research, stay sharp, and ENJOY these times because they are rare! Appreciate the energy and the weekend! See you next week 🙏

Daily Alpha | "Study #Bitcoin" projected onto European Central Bank.

We want to salute the people doing amazing stuff like this. To some, this might look childish, but to me, it’s deep marketing and peaceful protest taken to an art form.

My hat goes off to whoever is responsible 🎩

Daily Alpha | Tap immediately will launch on Kucoin

Unchained Art | Todays Editors Pick

Daily Bites

Markets

Quick Take TA Video by Crypto.Landy

Ordinals

The Gizmo War seems to have reached a swift and decisive conclusion for now. Never discount a good comeback story, though. The victor, Gizmo The Cat, has not only retained its massive launch day momentum but seems to be accelerating to the upside as both the PFP and Rune are seeing their value rise massively today. The other Gizmo, Bitcoin Gizmos, is today’s biggest loser. Apparently, “there can only be one…”

The Taproot Witches are also seeing a massive day after briefly dropping out of the top 10 yesterday.

All other projects combine to show a good balance between green and red. A good sign after yesterdays red day. Puppets take the lead again in volume, showing a solid 5.8% price increase to boot. Volume is distributed more evenly today, and while it is not back at its highs, it sustains a good level.

Lastly, you gotta give it to the Based Angels—they still are not slowing down. These angels must have made a deal with the devil or something, defying any form of market gravity.

Runes

As we expected, yesterday’s pullback was only temporary and a good buying opportunity for POOKA. A 200%+ increase and over 21 BTC in volume—you really do love to see it!

Similar to its collection, the Gizmo Rune is also showing tremendous strength, with a rhythm of minor drawbacks followed by massive runs ever since its launch. The Kitten is not messing around, reaching a $25M market cap today.

Another collection-related rune, Koda Fluffington, is finally showing a willingness to fight after two days of decline. It’s making a massive resurgence with today’s 71% price increase!

A similar but even more positive story comes from Red Cat Romeo. After taking a one-day break and losing some of its massive gains yesterday, Romeo returned strong today with 86% in the green.

Only Pups felt a little pain today; however, most Pups have some exposure to the Gizmo ecosystem to mitigate this pain. In general, the red numbers are small, and the green numbers are massive. Overall, a great day for Runes!

Todays Opportunities

ExtraOrdinals Whitelisted mints this week

Another week, another list of hyped mints for our ExtraOrdinal giveaway winners! If you won, and you’re feeling bullish, load up those wallets but always stay safe while minting!

Giveaways

Bitmage - Ends on Sunday 20th at 11:18 AM UTC

Join the Discord below and make sure you have notifications on so you don’t miss these or any of the future giveaways!