Zhong Draper

[krillin ॐ @LSDinmycoffee]

gm fam

Uptober? Octobear? Choptober?

I think seasonality effects here are being dwarfed by what's happening on the bonds market and oil

I wish you a fantastic month of October regardless 🫡

[KanekoaTheGreat @KanekoaTheGreat]

Elon Musk says SpaceX and Tesla are aiming to produce 200 gigawatts of solar per year and take it to space, where "it's essentially always sunny."

He says the U.S. has to scale power dramatically to compete with China, which he says has about three times America's electricity production. He also bets that every 1% increase in U.S. power usage will bring roughly a 1% increase in GDP.

"SpaceX is aiming together with Tesla to do 200 gigawatts of solar production per year. And if brought to space, you get the nameplate or better on the solar power, whereas if it's on the ground, you're going to get somewhere between a fifth and an eighth of the solar power generation, and you need enormous batteries."

"You've got to scale energy; you've got to scale chip production. I think we're winning on software, on anything intellectual or digital. But in the long run, we need to be able to generate enough power to compete with — I think essentially China is the biggest competitor. And China has about three times the electricity production of the United States."

"The average power consumption in the United States is about 500 gigawatts. So, every 5 gigawatts of incremental steady-state production is a 1% increase in the power used... I would bet anyone that a 1% increase in power usage corresponds to roughly a 1% increase in GDP. Because the intelligence per watt keeps increasing."

[zoomer @zoomerfied]

[ ZOOMER ]

HYPERLIQUID LABS WILL UNSTAKE $320M OF $HYPE TODAY FOR ITS MONTHLY TEAM UNLOCK, WILL BE SOLD OTC TO AN INSTITUTION: DISCORD

[Nik @cointradernik]

ADP above consensus and PCE below consensus?

Goldilocks

[*Walter Bloomberg @DeItaone]

U.S. 30-YEAR YIELD NEARS HIGHEST SINCE 2002

The U.S. 30-year Treasury yield climbed to 5.58%, within 1 basis point of its highest level since 2002, extending its rise for a sixth straight session.

The 10-year yield reached 5.24%, its highest since 2007.

High oil prices, inflation concerns, heavy debt issuance and fiscal worries are fueling the global bond selloff, with Treasuries down 2.6% this year.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The US 30Y Note Yield rises above 5.60% for the first time since June 2002.

That’s another +36 basis points this month alone.

8% mortgages will arrive next week.

[hedgedhog @hedgedhog7]

still maintaining my base case of markets being propped up until midterms

trade plan is looking for shorts towards the end of October

[WhaleCalls @whalecalls]

Dude who cant trade without insider deals says traders should stop being friendly

[path.eth 🛡️ @Cryptopathic]

@TylerDurden

[Bittex @BittexXBT]

normie influencer arriving in crypto just to scam kids the moment BTC recovers

[NetNet Capital @NetNetCap]

Shareholders,

We at NetNet Capital Management are confident that RW-Play is the Next Meta.

Tokenized RWAs are growing rapidly, but no one is building to the future of what they can and should be capable of.

No one, except for us.

More soon,
Al https://t.co/klk9RUsQ6G

[zerohedge @zerohedge]

Well, market IS closed for the weekend so...

*TRUMP REJECTS IRAN 7-DAY CEASEFIRE PROPOSAL: WSJ

*TRUMP TOLD AIDES HE EXPECTS RESUMED BOMBING AFTER MIDTERMS: WSJ

*US HAS TOLD IRAN THAT TRUMP WON'T LIFT NAVAL BLOCKADE: WSJ

[Hayden Adams 🦄 @haydenzadams]

Some bangers from the SEC today:

1) buybacks do not make a commodity token into a security

2) liquid staking tokens for commodities are not securities

https://t.co/kkRNqT3den