@tylerfoust.eth

Morning ✌️ • Web3 meets Hollywood - Mugafi, an AI tech studio based on AVAX, is launching tokenization of intellectual property: movies, music, media assets - everything is going on the blockchain. This strengthens Avalanche's role as a platform for real assets. • The M2 money supply in the US has reached a new record high - a factor that traditionally increases interest in cryptocurrencies. • Mining one $BTC is becoming increasingly expensive - growing complexity and costs are forcing miners to look for new ways forward: switching to AI and HPC loads or reducing activity. • BlackRock has recorded a serious series of weekly outflows from Bitcoin ETFs - institutional investors remain cautious. • Traders of $ETH options are now significantly more optimistic than those of $BTC options - this could mean increased volatility and interest in Ethereum. • The Bank of Japan is considering a sharp increase in its key interest rate - this could increase pressure on the entire risk sector, including crypto. • $ETH validator activity has fallen sharply by 25% - this may indicate capital outflows from staking and increased uncertainty. • Polkadot and Zodia Markets are increasing institutional access to their products - a step towards expanding crypto infrastructure. • $XRP circulation speed is at a record high, signaling growing demand for the asset. • Media reports say Meta will cut funding for the metaverse by 30%, which could reduce interest in Web3 projects. • According to the IMF, stablecoins may eventually replace some government currencies - a global trend worth keeping an eye on. • MetaMask has launched prediction markets in partnership with Polymarket - a new use case for DeFi services.

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