ROLLUP: Bull Market Over? | BTC 50W Breakdown | Balancer Hack | Stream Finance Collapse | Brian Armstrong’s Prediction Market Drama
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Bankless nation is the November. I've got Hasib Qureshi filling in for David Hoffman. David is up climbing a mountain. I think he's somewhere in the Patagonia right now. Hopefully, he's doing some work for us, Hasid. Hopefully, he's, like, slaying some Balrogs. He's fighting some demons, and he's gonna save us from this bear market. Yeah.
I I don't know if I could rely on David to do that right now. It kinda feels like this bear market's coming for us, whether David's out there or not.
Oh my god. Well, gotta talk about that. It feels like we are so one topic, of course, we're just hanging above, crucial price levels for Bitcoin, the fifty week moving average. Is the bull market over? I want your perspective on that. Also, there's a major setback in DeFi this week. A four year old, protocol was hacked. Actually, it's even longer than that. The balancer protocol, what's the fallout? Also, October 10, maybe we're starting to get some, dead bodies rising to the surface after that major liquidation event. We've got Steam Finance, which is like this quasi DeFi stablecoin hedge fun
I did not have any Unisocs, but I know several people who did and who flexed them on me. Very jealous of
the Unislocks. So are they still valuable or have they gone to zero with the rest of the NFTs?
I don't know.
Because they were like was like a physical item attached to a token. Right?
Yeah. That's right. That's right.
Okay. Yeah. I don't know. Well, maybe there's a future for these UNO swap cards in in your portfolio as well. Let's start here, though. Bitcoin prices on the week, they are down at the time of recording a $101,400, so that's down about 6.5% on the week. We got as low as 99,600 on Bitcoin, and we're just floating above that. Ether price on the week, 3,300, so down about 12.5% on the week. That's double digit. We got to the 3,100 range, and all this feels bad because we've lost about a trillion dollars in total crypto market cap, Hasid. So we're at $3,500,000,000,000. So the question, of course,
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