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‘Piles of Risk’: An Outlook for Autumn

The Breakdown

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The Merge for Ethium Could Decouple From the Crash of the Nasdak

The merge for etherium is the most significant catalust in crypto history. If traditional markets are in turmoil, it would be my base case the positive price impact from the merge would be delayed at best, and cancelled at worst. The fourth theme that i pulled from travis's piece is fund raising. Despite narratives of crypto being dead or institutions not touching it, we've seen over and over agin that that's just not the case.

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