📈Ithaca Protocol Market Update
► Rates markets not expecting a recession
► Market triangulating payroll data from private sources; Revelio, challenger, so far feels better than expected ( payrolls probably delayed due to government shutdown )
► Gold suffered intraday drop…
📈Ithaca Protocol Market Update
► GS: ‘ if labor market weakness deepens, plenty of room for dollar to reprice, rate lower, vol higher ’ ; curve bullish flattening overnight though
► Demand for short dated NDX calls highest on record ; hedging demand has left dealers short…
📈Ithaca Protocol Market Update
► Perp wars in full swing
► AI researchers giant sucking sound back to China
► Business as usual in Hong Kong despite record typhoon; at some point the Korea BW and token2049 aura will spill over crypto if market escapes seasonality; but..…
📈Ithaca Protocol Market Update
► Tether looking for 500bln valuation and why not
► Tempo announces impressive partner lineup
► CFTC to allow stablecoin collateral
► While VIX is low and steep, interest rate volatility has plunged
► CZ’s VC fund to open up to…
Chainlink 🤝 @IthacaProtocol
As the top options protocol by monthly notional and premium volume, Ithaca is set to grow further as it expands its integration of Chainlink Data Streams to deploy new 1-minute options markets—ultra-short-duration options contracts—around real-world…
📈Ithaca Protocol Market Update
► Vitalik properly supporting DeFi; finally one may say
► Perp dex wars
► NVDA / OpenAI partnership announcement -> ATHs ( only crypto heeded sell Rosh Hashanah adage )
► Turmoil in Argentina again; sad times for all libertarians rooting…
📈Ithaca Protocol Market Update
► Sell Rosh Hashanah, buy Yom Kippur the old adage that is a Schelling point of bad seasonality
► Bitgo files for IPO
► Lots of gamma expired Friday; more to go by quarter end; asset allocation flows incoming
► Extreme greed in 7/9 markets…
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