Today was starting to look despondent, with BTC seeming to have rejected a key trend line, and other crypto assets plunging. But towards the North American open, BTC posed a stern reversal (as you’ll see in this post) and pulled the rest of the market up with it. In other news, dog coins are all the rage again. SHIB price is up over 80% in the last 24 hours, and other dog coins have followed suit. The last time dog coins pumped, it was a sign of ridiculous froth and coincided with the April/May top. Do with that information what you will.
Deribit usually has the highest futures basis, and CME the lowest. CME’s basis has now exceeded Deribit’s, implying large futures purchases on CME.
this is the real flippening that everyone should be focusing on pic.twitter.com/mSGCyPZwuE
— Joshua Lim (@joshua_j_lim) October 6, 2021
Artifical intelligence and NFTs: notes from Altered State Machine’s appearance on The Delphi Podcast!
⁃Integrating AI in NFT’s ?
⁃Use cases for AI in DeFi ?
⁃Minting brains ?
— Delphi Intern (☀️,?) (@delphiintern) October 6, 2021
So, you though crypto was the only asset class with crazy volatility?
The UK natural gas price is one of the craziest charts you’ll ever see. The price was up 40% at one point this morning and then ended up lower on the day. Just wild https://t.co/1Wt3wfTauP pic.twitter.com/vowCkqmKiN
— Joe Weisenthal (@TheStalwart) October 6, 2021