But before you throw your hardware wallet dramatically out the window, let’s examine six suspiciously optimistic signs that September could be slightly less embarrassing for crypto:
an ETF to tickle Wall Street’s fancy, a NASDAQ PIPE (which is undeniably more elegant than plumbing), and the birth of Sonic USA LLC, destined to take up residence among New York’s skyscraping titans.
NVIDIA IS THE GUY WHO BUILT THE BICYCLE THAT CARRIES THE WHOLE WORLD ON ITS BACK. ITS GPUS ARE THE WHEELS, THE CHAINS, THE PEDALS. DATA CENTERS? THEY’RE JUST THE HILL IT’S TRYING TO CLIMB. LAST QUARTER? $41.1 BILLION IN REVENUE-LIKE A TANKER SHIP FULL OF DOLLARS, SAILING ON A SEA OF HYPE. BUT PALANTIR? IT’S THE GUY WHO SITS IN THE BACK ROW, WATCHING EVERYONE ELSE DANCE, WHILE IT TINKERS WITH A GADGET THAT MIGHT JUST TURN THE WHOLE THING INTO A FIREWORKS SHOW.
Despite sailing breezily past the criteria scribbled in Wall Street’s ledger, Nvidia found its fortune pegged down, like a feeble butterfly trapped in a jar, by the heavy shackles of anxieties regarding its commerce in the vast, inscrutable expanse of China. Thus, as the morning sun rose on the following day, shares hardly budged, residing in stasis like a statue of a bureaucrat, far removed from the tomb of excitement. Yet lo and behold! Another phantom, darting under the guise of artificial intelligence (AI), erupted forth into the limelight on the self-same day, its stock ascending in the air like a stray balloon released into the sky. A year had passed since this stock took flight, and it now cast a long shadow over Nvidia’s once-charming ascendancy.
Asset management firm Bitwise published its “Bitcoin Long-Term Capital Market Assumptions: 2025” report last week, providing one of the industry’s most detailed long-term forecasts for the crypto asset. The firm projected substantial growth for bitcoin, estimating a base case price of more than $1.3 million by 2035. Bitwise stated:
Such feats have yielded revenues that grow like fractals, doubling and redoubling with each passing quarter. The projections for AI investment stretch before us like an endless mirror corridor, reflecting possibilities that seem to multiply without end. And within this hall of mirrors stands Nvidia, poised to deliver earnings gains as inexorable as time itself. Yet even as investors marvel at its trajectory, another chapter unfolds: the company’s decision to repurchase $60 billion of its own shares-a sum so vast it echoes through the corridors of finance like the footfalls of some mythic creature.
In Q2, Mandel trimmed his Microsoft position by 5%, a move as subtle as a thunderclap in the quiet world of stock portfolios. The proceeds? Funneled into Amazon, a stock that’s quietly swelled 800% over the past decade. Now, I know what you’re thinking: “Amazon? Isn’t that just the place where people buy socks and send Grandma birthday cards?” Ah, but you’d be mistaken. Beneath its e-commerce skin lies a beast of a different stripe-one that’s chewing up the AI landscape with the enthusiasm of a toddler with a box of Legos.
Injective [INJ] looked primed for another downward leg, observed crypto analyst Ali Martinez. I mean, what else is new? It’s like watching a soap opera where everyone knows the plot but can’t look away.
“If innovation cycles are now accelerated to mere weeks,” quoth Mr. Visser unto Anthony Pompliano on a fateful Saturday, “then we find ourselves trapped within a video game where companies can never achieve escape velocity.” And thus, he declared with all the gravitas of Lady Catherine de Bourgh at a ball, “In such a world, you do not invest; you trade!” 😅
The stablecoin tide, once a whisper, now roars at $280 billion-half of it flowing through Ethereum’s veins like a digital river. By 2028, it’ll drown us all in $2 trillion. 🤷♂️
