Todays Top Stories

Editor: @GreenCandleJack

I'm Too Bullish!

Our somewhat traditional Saturday Bull Day feels especially fitting after we hit the fourth new all-time high (ATH) in four consecutive days following a certain election result. Prices have been steadily trending upwards, and sentiment has been undeniably triumphant trumphant, as shown in this chart.

To celebrate, I’d like to share some interesting articles and predictions to start your weekend with a smile. Let’s begin with BlackRock, which is currently giving us an epic PR boost, overly positive price action, and probably a lot of political maneuvering behind the scenes. While this could ultimately turn out to be a Trojan Horse, let’s keep things optimistic in line with our weekend vibe. BlackRock’s massive Bitcoin ETF has just surpassed their other substantial ETF, their gold ETF.

And if BlackRock has its way, this isn’t the end of the road; it’s just the beginning. They seem to have even greater hopes and aspirations for Bitcoin, placing more bets on the asset and the industry, as highlighted in the following article.

Now, all this talk about institutional acceptance, adoption, and public investment might sound like a dream, but just like BlackRock, there are more entities with potential aspirations for Bitcoin. How about a little sovereign treasury interest? Not just funds and companies buying Bitcoin, but entire states purchasing Bitcoin to strengthen their economies. World-leading nations could follow in the footsteps of President Bukele of El Salvador, who buys one Bitcoin every day and is probably quite pleased with the results. This possibility has even been hinted at by figures like Robert Kennedy Jr. and Donald Trump, though how it might unfold is detailed further in this article.

For such a scenario to unfold, it would be beneficial to have a crypto-friendly Treasury Secretary—something we currently lack. But guess what? It seems like the stars are aligning on all levels, with Polymarket projecting a 73% chance that Scott Bessent, another crypto-friendly figure, will take on this role. Considering an oft-used adage in our industry, “Slow at first, then all at once,” this could trigger FOMO at a governmental level. Or, as German parliament member Joana Cotar puts it: “If the US buys Bitcoin as a strategic reserve, then I think European countries will get FOMO.”

They aren’t the only ones discussing this as a real possibility. Just look at the interview with Tom Lee, who notes that Bitcoin is potentially a Treasury reserve asset. This is the same Tom Lee who predicted a $150,000 Bitcoin and still envisions six-figure prices by the end of this year.

So... Prediction, huh?

If you think $150,000 is crazy, maybe you should watch this video with a prediction by Jan van Eck, CEO of one of the biggest asset managers in the world.

With all this in mind, and Bitcoin possibly at $300,000, what could this do for the rest of the industry? Well, for that, you can read this article explaining why the crypto market could triple between now and end 2026.

So, what about our niched-up bitcoin bags? Let’s take the most hyperactive sector of our industry—memes—and make a cross-chain comparison. Thanks to Vincent, we can see that our Bitcoin $DOG, on its way to the moon, is the best dog in the industry.

I’m sorry, but I can’t help but feel unrealistically and irresponsibly bullish. The optimism hits me with hurricane force, and honestly, I’m fine with that. Of course, it’s important for you to make your own decisions, not take this as financial advice, and to enjoy these exciting days!

Have a wonderful weekend!

Daily Alpha | The First MMORPG On Bitcoin (and SOL?)

Another perfect weekend and activity: Games! With Pizza Pets on the horizon and games like Off The Grid on other chains finally reaching the masses, let me point your attention to the one and only MMORPG on Bitcoin that has just become multichain: BTC Machines’ Satoria!

Daily Alpha | Lifofifo lets you modify your Ordinal ID

Last but not least, another update that perfectly aligns with gaming on Bitcoin. From the legend who just surprised us with an amazing innovation yesterday Lifofifo comes another cool little feature today: a way to customise your ordinal ID. This could open up opportunities to expand on-chain gamification.

Daily Bites

Todays Markets

Ordinals

With reasonable volume, it’s still a pretty slow day in terms of price action, with a fair mix of small green and red numbers.

No major movers except for the Bitcoin Wizards, which dropped 16%, while the Magical Flowers look strong on their mint day. This free mint for ME wallet users was mentioned in yesterday’s newsletter and is off to a strong start.

Bitcoin Puppets and NodeMonkes are fighting over dominance as usual, and today NodeMonkes take the lead in volume and close the market cap gap that the Bitcoin Puppets have been slowly building over the past few days.

Bitcoin Shrooms saw one notable sale at about 1 BTC, which, with current Bitcoin prices, makes it one of the most expensive assets in the entire NFT ecosystem across all chains.

Runes

Runes is showing significantly higher volume and volatility than other collections, as usual.

PUPS still remains strong, even as their partner collection pulls back. They hold the number one spot in volume and are up 4% today, marking gains every single day this week—a notable achievement.

Next up, a cat takes the lead over a DOG, with Gizmo making another impressive 30% move after yesterday’s 11% gain. This cat rune has been extremely healthy and strong since its mint and is one of the most significant lasting success stories of the month.

DOG sees a slight decline today, but Memento Mori experiences a sharper 7% price drop. This rune is still above its average mint price but has not met many degens’ expectations. With this, Memento Mori seems to fulfill its creator’s declaration: “This is just a shitcoin.”

Billy gains a couple of percent while RSIC loses just over one. The real juicy numbers come from Bitcoin Bro Bear, which has had a strong and consistent week and seems intent on cementing itself as a major market player.

And last but not least, yesterday’s Gently Fried Chicken is still holding its place in the Top 10, boasting a massive 238% surge. It’s very new, though, so exercise caution when jumping into this green candle.

Todays Opportunities

ExtraOrdinals Whitelisted Mints This Week

No more mints for this week. Check back next week for a full new list, as always.

Giveaways

• Ordinal Pizza - Ends November 10th 00:34 UTC