Insights into the biggest events shaping the crypto industry.
*COREWEAVE STOCK POPS 15% AFTER OUTLOOK RAISE EASES AI SLOWDOWN CONCERNS
NEW: @Solana_SRI Institute estimates only just over $10.5B of traditional financial market infrastructure’s $31.5B revenue pool would survive a move onchain without regulatory protection for incumbents, with the rest disappearing through lower costs or shifting to onchain
According to the October @NFIB survey, 37% of firms plan to raise prices over the next three months, up from 31% a month earlier and matching the July 2022 reading, as inflation concerns continue to weigh on small business owners
BlackRock has recorded about $3.6 billion in conversions of existing Bitcoin into IBIT. The leading reason is security and peace of mind. I see people hiring protection, not giving up on Bitcoin. Read today's free Wolf Den:
Google's $10M bid for Spirit Airlines' data to train AI has advanced after unions withdrew privacy objections. The data includes 500M Microsoft Teams chats and 100M emails. Personal data on 97M customers &
Nvidia removed as top pick at Morgan Stanley; keeps overweight $NVDA
Jared Kushner on Zelensky-Putin meeting and how long deals take: When we did the Abraham Accords, it took three and a half years. We did the USMCA, that took two and a half years. The Gaza deal took a year.
As Anthropic prepares to IPO, Amazon and Google collectively own 25%+; Amazon's $18B investment could reach $250B+ in value and Google's $33B could hit $140B (@kyweise / New York Times) (Visit Techmeme dot com for the link and full context!
Correlation charts (10y yield and crude to S&
shut the fuck up and buy it back. i’d sold all the gold in mar 03. two weeks on, working remotely bc i was never in the office, i told them to buy it all back. markets don’t pursue the line of least resistance. they pursue the line where the
Anthropic discloses over $10b in new deals - Information
US 🇺🇸 MORTGAGE APPLICATIONS DATA: Purchase index +7.5% 30-year rate 7.21% (-9 bps, second straight weekly decline)
Anthropic CEO Dario Amodei predicts AI could make cancer, Alzheimer's, heart disease and mental illness “relics of the past” in less than a decade. He believes AI could usher in an era of major medical breakthroughs.
200+ UK and EU equities are live on Solana with @xStocksFi
Historical Bitcoin prices on Veterans Day 🫡 2013: $340 2014: $362
IBM quantum nighthawk R3 to execute 10,000 operations on 520 qubits $IBM
We were fortunate to intv Art Laffer who was part of Nixon's crew and went to Camp David when they decided to sever gold standard. He and Volcker were only dissents, according to his recounting. Here's how he put it to us in our intv:
In today's Unchained Daily newsletter: 🔥 A developer says Ledger's signing kit reports every signature to Ledger ⚖️ The CFTC reportedly warns Kalshi that charges could come soon
KREMLIN AIDE: PUTIN TO HOLD TALKS WITH WITKOFF & KUSHNER SOON - TASS
Schwartz says he is very uncomfortable with risk. His XRP stack fell from about 26 million to about 3 million, and he still holds a large amount of Ripple stock
