🏆 Go go, @nadoHQ 100k $ Trading Competition is live!
Copy the competition’s best traders in 1 click through Otomate 👀
Browse the leaderboard.
Click copy.
That’s it.
https://t.co/JwjuLrnfgW
Big month @Coinbase:
- First company bringing global crypto perps + options to the US in a compliant way
- Official USDC treasury deployer for @HyperliquidX
- Gold & silver perps now live outside the US (coming to the US soon)
- Partnered with Standard Chartered to expand global fiat access for institutional clients
+ more in the article below:
In this week’s Crypto Long & Short newsletter:
- @alextapscott on the stalling of the CLARITY Act and how it’s impacting American consumers
- Aisha Hunt writes that crypto will grow by upgrading Wall Street’s trusted products rather than replacing them
https://t.co/sIRZJJddI4
Ray Dalio just gave the most important AI investing warning of the year (Save this).
The question put to him was simple with Alphabet raising $85 billion in equity, debt markets flooding with AI capital, and war spending piling on top, is there a crowding out happening? Can the system absorb all of it?
Yes, it is a bubble and he has said this consistently since late 2025, citing his proprietary bubble indicators, a composite of ownership concentration, sentiment, leverage, and valuations going back to 1900.
By those measures, AI is currently approaching 80% of the level seen at the 1929 peak and the 2000 dot-com top.
But the part investors keep misreading is what that actually means.
Dalio is not saying sell everything and his position is the opposite: the technology is real, the productivity gains are real, the long-term impact is genuinely profound.
What he is saying is that betting on the technology and buying the stocks are two fundamentally different acts.
In every major technology bubble in history, railroads, electricity, the internet, the technology won.
And the majority of companies that got investors excited during the mania either went bankrupt or spent the next decade going nowhere while the underlying technology kept compounding.
The mechanism for how a bubble bursts is the part most investors never think about.
Paper wealth is not money, bubbles do not burst because fundamentals disappoint.
They burst when a large enough group of wealth holders are simultaneously forced to convert that wealth into cash.
What makes the current setup specifically fragile is the concentration.
The top 10% of Americans now hold nearly 90% of all equities, when that group needs liquidity for any reason, the selling pressure falls on a market that is structurally narrow.
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1.1M points distributed this week.
Big weeks ahead for the perp ecosystem.
Tokenization is next.
Position yourself before it becomes obvious.
Otomate has some big things coming soon 👀
@inkonchain is the rail.