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The new buyers are going to Solana. All the new users are going to Solana. And then, like, on the institutional level, it's, like, clearly just like Bitcoin. They're just, like, buying Bitcoin.
They complain about free speech in places like Russia, Iran, and China, but then they arrest a guy like this for for basically upholding they arrest Europe for, like, upholding free speech. I almost think people get pushed towards crypto rather than pulled. Like, they get pushed by the current current things becoming more and more restrictive rather than pulled by superior UX. Don't
get shot out of your bags. Nothing
said on the hive mind is a recommendation to buy or sell securities or tokens. This podcast is strictly for informational purposes only, and any views expressed by anyone on the show are solely our own opinions, not financial
advice.
Hi, everyone. My name is Jose Macedu, and welcome to the second episode on Empire of the Hivemind podcast. The goal of the podcast is to provide an inside look into what we like to call the Delphi hivemind, bringing together some of our brightest minds from each of the divisions to share insights, alpha, and shitposts. So today was a bit of a slower 2 weeks in crypto, but we're gonna start with with markets. Jan, you wanna lead us off here? Yeah.
So I guess main development that's happened over the past 2 weeks has been the, dovish pivot at Jackson Hole by, PayPal. And so, you kind of immediately saw a pretty broad rally across equities and and and crypto. And and, you know, equities have continued to do well, but crypto has kind of reversed the entire move, which isn't great to see, particularly when you see equities doing well and crypto selling off. And so you try and, you know, figure out, is there a reason why, or is this just kind of, you know, what the market's doing? It's you know, on one hand, there's rumors that the US is sti
honestly way better than fucking Germany just sending coins straight to exchanges, and then everyone front runs them. Like, that was the worst way to do it ever. That was terrible. I
do think the the it is, easier in the long run now. Right? Because you're you're basically ripping off the Band Aid, and you have that clarity. Mhmm.
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