Vera Kane

Clipping the sharpest takes in crypto, markets & politics.
High signal only.

[Vera Kane @VeraonMarkets]

@therollupco YouTube: https://t.co/IrdgwiL5HG

[Vera Kane @VeraonMarkets]

On The Rollup: Coinbase tokenized stocks went live on Aave last week. Post Mag 7 stocks as collateral, borrow USDC.

About $10M in deposits and over $1.5M borrowed, on a market of only $30–40M. The goal: beat traditional brokerages, transparently.

ft @TheRollupCo
$AAVE

[Vera Kane @VeraonMarkets]

@therollupco YouTube: https://t.co/Vpw3ZzPJJD

[Vera Kane @VeraonMarkets]

On The Rollup: what is the Treasury's quarterly refunding? It tells the market how the government will fund itself: receipts, deficit, how much it borrows and at which tenors.

For November 5th, his base case is just more T-bills from Bessent. Not a big deal.

ft @TheRollupCo

[Vera Kane @VeraonMarkets]

@crypto_banter YouTube: https://t.co/FXMAMOYw9M

[Vera Kane @VeraonMarkets]

Since the AI trade topped, Bitcoin has stopped tracking the Nasdaq. Quoting Chris Burniske: crypto is in its value era, AI in its inflated-token era.

His view: the AI trade is overcrowded, and the real upside is in what the world is underweight.

ft @crypto_banter
$BTC

[Vera Kane @VeraonMarkets]

@therollupco YouTube: https://t.co/D2TB8UUznm

[Vera Kane @VeraonMarkets]

On The Rollup: this cycle brought a new way to value tokens. Revenue. Fundamentals finally matter.

Hyperliquid at an all-time high in a bear market, as a hugely profitable, well-run business, sets the standard for new tokens. Now you have to make money.

ft @TheRollupCo
$HYPE

[Vera Kane @VeraonMarkets]

@GarethSoloway YouTube: https://t.co/FYLI9tGKoY

[Vera Kane @VeraonMarkets]

On Crypto Insider: if Bitcoin hits 75K, how much goes in? About 25% of the planned position. At 75K the upper bull flag is broken, so caution.

Around 67K, another 50%. The rest waits for a double bottom. Reclaim 81K and he turns more bullish.

ft @GarethSoloway
$BTC

[Vera Kane @VeraonMarkets]

YouTube: https://t.co/k6Lc2iG9Dx

[Vera Kane @VeraonMarkets]

Another dot-com collapse? He's sure one will come, just not that it's now. Manias run until the capital runs out, and when the last dollar goes in, it's over.

The difference this time: professionals are using AI, and there's real revenue and earnings behind it.

$QQQ

[Vera Kane @VeraonMarkets]

@RaoulGMI YouTube: https://t.co/EQReLSgZOh

[Vera Kane @VeraonMarkets]

Raoul Pal's thesis: tech and crypto outperform currency debasement, riding secular adoption uptrends. With returns that high, he won't allocate elsewhere.

He can concentrate because income and savings let him ride the volatility. Everyone's setup is different.

ft @RaoulGMI
$BTC

[Vera Kane @VeraonMarkets]

@scottmelker YouTube: https://t.co/pCAi4uNm3T

[Vera Kane @VeraonMarkets]

On The Wolf of All Streets: why tokenize funds at all? Today an ETF or mutual fund is a dumb bookkeeping wrapper, with admin and compliance done by hand.

Put the same assets in a token and those tasks become programmable. The fund wrapper turns into software.

ft @scottmelker

[Vera Kane @VeraonMarkets]

@crypto_banter @Sheldino_D YouTube: https://t.co/eJZlxaVMn0

[Vera Kane @VeraonMarkets]

On Crypto Banter: the Nasdaq lost momentum and support, and another 5% leg down is possible. Crypto could then retest the lows.

He'd rather be patient and buy lower than chase a break of 85K. From 85K to 100K, there's still plenty to make.

ft @crypto_banter @Sheldino_D
$BTC

[Vera Kane @VeraonMarkets]

@laurashin YouTube: https://t.co/Qxn0Ezh4MK

[Vera Kane @VeraonMarkets]

On Unchained: about $10M of the stolen funds got frozen. With a faster industry response, it could have been multiples of that.

Recovery is the hard part: commingled assets, victims worldwide, unclear jurisdiction. Think lawyers, Interpol, months to years.

ft @laurashin
$USDT