Daily Crypto NewsEDITION #1088, 07 November

BULLISH VIBES!

Today, in 1929, the Museum of Modern Art opened in New York.

Imagine that! There was a time when you had to go somewhere to view art. Now, you just open our digests, and you’ve got a whole gallery of modern art right here.

Appreciate it.

And now, here’s a quick rundown of what matters because we value your time – and time is Moni.

What’s up? 

The crypto Twitter and crypto community are in a frenzy. 

We probably can’t fit everything they’re discussing into one post, so here are the highlights we pulled out:

– Over 205 members of the U.S. Congress support cryptocurrencies, with 99 opposed.

– BTC hit a new all-time high at $76,243.

– CNBC is speculating BTC could break $100k by the end of Trump’s inauguration (January 20, 2025).

– BTC ETF by BlackRock reached an all-time high of $4.1 billion in volume.

– BTC overtook Meta in market cap, placing 9th among the world’s biggest assets.

– Today’s Fed meeting is likely to cut interest rates by 0.25% (97.5% chance).

– The top 10 companies in the S&P 500 account for 37% of the index’s market cap.

– Crypto experts recommend going long on Solana, AI agents, Crypto AI, and top memes in the coming months.

– Crypto Twitter expects BTC dominance to peak in December 2024, followed by an alt-season ($ETH to $5k, please!).

So, What’s Next?

If all this doesn’t spark a bull run, then who knows what will?

But remember, there are always black swans: wars, disasters, pandemics—anything could come along and rekt the markets.

Personally, we’re headed to DevCon in Bangkok, where we'll be connecting with tons of insiders, projects, and more. After that, we’re off to a rap festival to vibe with Lil Wayne and A$AP Rocky.

Then we’ll be back home, locking ourselfs in with laptops for six months until May, only stepping out occasionally for food and a walk.

We’ll be hunting for new narratives, going hard on new Solana and TON memes, and investing in exciting projects if Moni Talks gets allocations.

That’s the plan.

Also, important news:

– Today at 10:00 UTC, Swell goes live on exchanges. Find it here.