Morning lords. The air is brisk this morning and it is clear Fall is upon us. That means back to school, work picking up again, and more eyeballs on year end goals in the corporate world (which means a sprint from now to the holidays).
Time to lock in if you’ve been dicking around and lallygagging.
On the heels of our market primer yesterday (covering the major events this week) and our meme coin guide from Friday, we’re going to dive a bit deeper into some of the signals worth paying attention to in crypto and the broader market.
I don’t think most people understand just how silly things are getting (or how close we might be to a full blown mania phase that propels us higher). There are a great deal of people still sidelined.
Everyone is starting to spread fear, uncertainty, and doubt.
They are worried about all of the issues we covered yesterday: rate hikes, national debt, this dumb conflict in the Middle East, the nerds saying AI is going to murder us all, CLARITY passing/not passing, and so much more. We’ve got Kamala Harris, Obama, and many others weighing in on the threats of AI now.
Surely this is a psy op designed to mislead us!
Ignore the noise.
Can’t miss the forest for the trees homie!
Tons of opportunity right now, you just need to shed some of the short term hysteria normies have.
For us in crypto land there are three questions this week:
Will CLARITY Pass? (procedural vote at 2:15 pm ET today)
What is the Fed going to do Wednesday?
What will come of the vote on the Bitcoin reserve bill (ARMA) Wednesday?
Kind of wild how this whole host of catalysts aligned for this week.
People online are assigning a significant amount of weight to CLARITY passing/not passing.
The reality is, since the hype yesterday, the market has already heavily discounted passage. Polymarket right now shows odds falling with a 20% chance this thing passes in 2026…..(you can view how it is trending here). You can see where it spiked over 33% just yesterday.
A failed vote shouldn’t really surprise anyone, especially with the track record of our politician’s reliability over the last 5 years.
They are clowns.
Understand this key piece - there is a world where a failure could even prove constructive over the longer term. The current bill is the product of all kinds of political compromises involving stablecoin rewards, DeFi oversight, state enforcement powers and these ethics restrictions we kept hearing about over and over again.
Delaying passage may prevent the industry from becoming locked into this rushed or overly restrictive framework AND create an opportunity to produce cleaner legislation later.
The SEC and CFTC have already told us they intend to move if this fails. SEC Chair Paul Atkins explicitly said recently the SEC is prepared to write crypto rules if Congress fails to pass CLARITY and the CFTC is also moving forward under its existing authority while working with the SEC.
So this is not some end all be all, try to cut out the noise you’re seeing online.
THIS WILL create volatility, which is good for anyone looking to capitalize on all of the emotional trading we will likely see later today.
The quick reversal from Bitcoin we saw yesterday is curious to me. In the morning we had hype and odds for CLARITY passing going up but since it has reversed pretty strongly.
Makes me wonder if there are some games being played going into the vote this afternoon…..
Today we’re going to dial in and focus on what we can control, which is the pockets of the market that are showing promise right now. We will review:
Alt coins that are continuing to explode throughout this down period
The meme coins and derivatives taking X and the internet by storm
My current portfolio structure (what I am buying/what is staying untouched)
Grayscale’s new “model” portfolio breakdown for crypto (surprising mix to be honest)
What some whale traders are doing behind the scenes
I’ve had my iced coffee with a shot of espresso, my peppermint zyn is in place, and I am locked in for what the day holds. If you’re willing to take some time to pop the hood, there is solid money being made in niche corners of crypto.
We live in an amazing time of opportunity and I think sometimes people get bogged down in the day to day nonsense and miss that.
AI is supercharging economies, crypto, an entirely new frontier, is expanding, and you can access it all from your laptop or iphone.
Don’t squander these chances.
These Crypto Narratives/Projects Are Exploding Upward
With CLARITY on the table later today and reports that the Trump Administration is making major efforts to get it done, let’s take a look at some of interesting updates within the crypto market that I think have the ability to propel out of this week much higher if things go well (and go higher later this year/next regardless of how things pan out this week).
TLDR? This is where smart money is moving quickly and where some of the biggest players are starting to position for upside.