Magnificent And Terrifying – CHAINLETTER 42

Oct 23, 2024 | Chainletter |

Investors are marvelling at the rise in the price of gold, but the message it is sending is far from comforting. We consider what is happening, and touch on the similarities and differences with bitcoin, which we consider will turn out to be a superior form of hard money.

Lots of interesting stuff in the CryptoVerse section, where the two large, decentralised exchanges, RAY and UNI, are compared. The analysts also take a look at market darling SUI, you have an update on progress at Helium (HNT) and we look at a potential winner in blockchain gaming.

Technical Small break-out, gold and DXY say “something has changed”, ETF inflows
On-Chain Pick-up in activity, Total Value Locked leaps, valuation update
Macro Magnificent and Terrifying – what the gold price is telling us and why bitcoin will follow
Cryptoverse Decentralised Exchanges examined, a look at SUI, has blockchain gaming finally found a winner, Helium numbers continue to impress

CLICK HERE TO READ CHAINLETTER 42