Ithaca Protocol
@IthacaProtocol
AI Enabled, Non-Custodial, Composable Option Protocol Backed by @CumberlandSays and @wintermute_t
1/7 $STRATOS is now Live on Ethereum 5,387 participants, 7.4x oversubscribed Virtuals Protocol Community, Thank you!
📈Ithaca Protocol Market Update ► Market increasingly volatile, giving up yesterday’s rebound ► Challenger job cuts data ( which are challenged themselves ) the main culprit with rates rallying alongside equity selloff ► No govt money for openAI ( yet ) ► Market still…
📈Ithaca Protocol Market Update ► Democrat election sweep should start embedding some crypto discount and may have been a factor to weakness ► Skeletons still uncovered in the streamfi saga ► 2022 skeleton for leading market maker; if a tree falls into the forest does it…
📈Ithaca Protocol Market Update ► Streamdefi and balancer hack aftermath colliding with risk off ► Big Short Burry with big shorts on NVDA and Palantir ( NO | YES ) ► Whale sells 1bln $ of untouched BTC ► Wave of looping unwinds cascading within DeFi lending protocols…
📈Ithaca Protocol Market Update ► Balancer hack very sad for a great team that has innovated and had undergone 11 audits; Lindy effect not working here ► Speculative parts of market have been under pressure, not just crypto ► Rare earths, nuclear, quantum, ‘ high retail…
If you're working on any Web3 project, let's connect and follow each other! We're preparing a big announcement for you tomorrow 😉
📈Ithaca Protocol Market Update ► Equities overcame catalyst filled week; horizon clear onwards ► Main vol event for November NVDA earnings and potential payroll announcements ► NY mayoral election will be a crypto event too ► CT malaise is well established ► OpenAI…
Join our weekly Ithaca Spaces: Market Report today! 📆 November 2nd 🕚11:00am UTC Tune in⚡️ x.com/i/spaces/1gqGv…
📈Ithaca Protocol Market Update ► BoJ hawkish, ECB meh, not enough to counter the Fed hawkishness ► MSFT weak after hours, Meta weaker, Google o/p ► Old school Mag7, Apple and Amazon hit all time highs ► Trump / Xi meeting ‘ curtailing both left and right tail risks ’…
📈Ithaca Protocol Market Update ► 25bps cut; balance sheet runoff ( QT ) curtains down, hawkish surprise regarding December cut ► Market still pricing 66% probability of a cut, but 4 district governors voted for no cut even now ► JP Morgan points to 5 key differences…
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