Octavia AI priceVIA

#SEC S-1 Filing: Chamath Palihapitiya @chamath SPAC American Exceptionalism files as a new security SPAC, the SPAC will focus on defi, ai, defense, energy. "We intend to find companies that operate in sectors that we believe will be instrumental in maintaining U.S. global leadership for the next century. We believe that these innovative sectors are dependent on new company formation, the sustainability of robust private market funding and an increased willingness of private technology companies to become publicly-traded and therefore become available to a broader universe of investors who can benefit from their disruption and growth." Energy Production Artificial Intelligence Decentralized Finance Defense "While Mr. Palihapitiya has long been a proponent of Bitcoin as an inflation hedge and alternative to fiat currencies, we believe that the next stage of development is the increased integration between traditional finance and decentralized finance. Recent developments such as the success of the public market debut of Circle Internet Group Inc. (NYSE: CRCL) has demonstrated how decentralized finance can be used to disintermediate traditional finance intermediaries and provide clear value for customers via reduced friction. As adoption accelerates across both consumers and institutions, we believe the opportunities for thoughtful application of decentralized finance are significant. In this area, as an early investor in Bitcoin and Digital Currency Group, Mr. Palihapitiya has long believed in the power of decentralized finance and blockchain technologies to revolutionize traditional finance. Although the path to mainstream acceptance has taken longer than expected, the expansion of digital assets (including stablecoins) into the mainstream now appears to be inevitable" @theDCApod @AllInPodcast @DavidSacks

Weekly Update: @arbitrum • TVS: Stable at ~$17.2B with no major shifts in collateral allocations. • DA Costs: Minimal and consistent, with costs efficiently managed via Arbitrum’s Nitro infrastructure. • Protocol Revenue: ~$3.1M weekly, with a 4% decline due to reduced DEX trading fees. • App RCR (Revenue Capture Rate): Unchanged, still reflecting concentration in GMX, Uniswap, and smaller perps protocols. • Treasury Runway: Healthy, supported by ecosystem grants and Foundation reserves. No funding stress signals. • Daily Active Addresses: ~220K average, slightly down from the previous week’s ~235K, reflecting softer retail flows. • Bridge Flows: Net outflows of ~$120M, mostly to Ethereum mainnet, while inflows to Arbitrum were ~$85M. --- ✅ Summary: Arbitrum One saw minor declines in protocol revenue and user activity, coupled with moderate outflows via bridges.

Remarkable how every time you get a correction from new highs so many people start to fret about the cycle top. Over and over again. Some thoughts on the market: - This indeed is not early in the move, bitcoin is already 7x from the 2022 lows, and much of the move recently is driven by Tradfi's financial engineering via crypto treasury companies - If concerned about the top, then sell/de-risk, as otherwise you are more likely to sell the bottom on the next move lower - The concept of a 4 year cycle in 2025 is misplaced; can argue the 4 year cycle died 2 cycles ago, and 2021 was a coincidence, as it was macro driven - Two things were very different in 2021: a) BTC did go vertical on wild froth and leverage (a defining feature of that market was uncollateralized borrowing), and b) the cycle ended not because of BTC or the halving but due to the FED going ultra-hawkish in January 2022 - As I wrote a couple of weeks ago (when I called the bottom at the bottom), I see August 2024 as a good template for August 2025; now look at the chart for August 2024 - I have a high degree of confidence this cycle is not over because I am expecting changes in the Fed to bring on considerably more dovish monetary policy, which is not priced in at the moment; this would start to get priced in once Trump announces his nominee to replace Powell - In the immediate term, Powell is speaking at Jackson Hole (JH) on Friday, and I lean slightly bearish into it as a hawkish speech (to reduce the odds of a September cut) makes sense, for the Fed to retain optionality and not let the market push itself into a corner - The Fed did flip more dovish on average post payrolls two weeks ago - I still believe the Fed will cut in September - The September FOMC is the next big trend defining event, and we are still 4 weeks, one speech (JH), and 4 data points away from it (PCE, NFP, CPI, PPI) - BTC is having a very hard time going up sans leverage without triggers and is now sitting precisely at its trendline from the April lows - Futures basis, a metric for froth in the market, dropped considerably in the last few days for both BTC and ETH - Zoom out and we can see BTC is trading more like a stock now: low vol, slow ascent; the July breakout was different, much less of a step function than would have been the case in the pre-ETFs era - Bull markets don't end because of valuations or over-extension, the end needs a major trigger

The bitcoin treasury trade (aka MicroStrategy) is the most popular trade in institutional crypto rn. TwentyOne, Nakamoto, MetaPlanet etc are adopting similar #Bitcoin Treesury models as @Microstrategy. Smart treasuries will look to apply an edge (aka Yield Bearing BTC — $lstBTC via Core DAO) to make their offerings to stand out from other treasuries. @Coredao_Org comes in delivering 4-6% APY on Bitcoin with zero principal risk. Your Bitcoins remains in your custody while only being time-locked on Bitcoin Blockchain $CORE sits at 500m mCAP — 0.025% of $BTC Cap. Institutional flow into $CORE has become only a matter of when; And the trend is already starting.

RT @usePicnicBR: 🔎 O report cripto LATAM da @Dune trouxe um dado: 7% do volume global da Gnosis Pay já vem do Brasil via Picnic. A Picnic…