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Feb 16
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$8.94
$8.64
-3.4%
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LONG
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Zach Pandl
Grayscale
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Zack states investors should focus on "mega trends" in crypto: Regulatory clarity driving Stablecoins/Tokenization, and "The 3 Ps" (Privacy, Prediction Markets, Perpetual Futures). He explicitly names Ethereum, Solana, Chainlink, Zcash, and Hyperliquid as beneficiaries. While the broader market is de-risking, capital will concentrate in protocols that provide the infrastructure for these specific high-growth verticals. ETH/SOL/LINK capture the tokenization/stablecoin layer, while ZEC/HYPE capture the innovation in privacy and derivatives. LONG these specific assets as structural winners of the "Differentiation Trade." Continued correlation with the broader Tech/Growth equity sell-off. |
Unchained (Chopping Block)
Does Bitcoin Win or Lose In The Great AI-Tech...
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Feb 12
|
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$8.41
$8.64
+2.7%
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LONG
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Zach Pandl
Grayscale
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Bitcoin is trading like speculative tech, not gold. The "differentiation trade" involves allocating to assets tied to "mega trends": Tokenization, Stablecoins, and the "Three Ps" (Privacy, Prediction Markets, Perps). As the market matures, capital will flow to assets that provide the "rails" for these trends. Smart contract platforms (ETH, SOL) and middleware (LINK) are the direct beneficiaries of stablecoin and tokenization adoption, potentially decoupling from BTC's price action. LONG. Focus on utility and infrastructure over pure store-of-value assets. Continued high correlation with the broader tech sector (Nasdaq/QQQ). |
Unchained (Chopping Block)
Coinbase Earnings, Bitcoin vs Tech, and Crypt...
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Feb 11
|
|
$8.33
$8.64
+3.7%
|
LONG
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Johann Kerbrat
GM of Robinhood Crypto, Robinhood
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Robinhood is launching a public testnet for "Robinhood Chain," an "Ethereum layer 2 built on Arbitrum." They are working with "Alchemy, LayerZero, Chainlink." * HOOD: Vertical integration allows them to capture settlement fees and offer 24/7 tokenized stock trading, differentiating from traditional brokers. * ARB: As the underlying stack, Arbitrum captures value from Robinhood's massive retail user base moving on-chain. * ETH: Serves as the settlement layer for Arbitrum, accruing security fees. * LINK / ZRO: Explicitly named as infrastructure partners; increased activity on Robinhood Chain drives usage of their protocols (Oracles/Interoperability). LONG (Infrastructure play on retail DeFi adoption). Regulatory crackdown on tokenized securities (SEC) or technical failure of the testnet. |
CNBC
Bitcoin on pace for fourth negative week in a...
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Feb 11
|
|
$8.33
$8.64
+3.7%
|
LONG
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Katrina Paglia
Chief Legal Officer, Pantera Capital
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When asked about the "safety play" in crypto, Paglia explicitly lists "real world assets, tokenization" as a key area Pantera is focused on. In a downturn ("Crypto Winter"), capital flees speculative memecoins and rotates into yield-bearing, tangible assets on-chain (Treasuries, Credit). This rotation favors protocols that tokenize these assets (Ondo) and the oracles that secure the data (Chainlink), as well as institutional issuers (BlackRock). Long the RWA (Real World Asset) leaders as the sector acts as the defensive "flight to quality" within the crypto ecosystem. Low interest rates could make on-chain treasury yields less attractive compared to DeFi native yields. |
Bloomberg Markets
Crypto Crashes Rattle Venture Capitalists
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Feb 10
|
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$8.57
$8.64
+0.8%
|
LONG
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Namik Muduroglu
MegaETH
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MegaETH has established "partnerships with players like Chainlink where we're able to enshrine oracles and provide really really powerful data feeds." High-frequency/low-latency chains (10ms block times) require oracle updates at speeds traditional push-oracles struggle with. Enshrining Chainlink at the protocol level on a high-performance chain secures LINK's relevance in the next generation of "real-time" DeFi and consumer apps. LONG. Emergence of specialized low-latency oracle competitors. |
Unchained (Chopping Block)
Crypto’s Legal Lines, MegaETH Launched But De...
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