The DeGen Bible to Financial Freedom - Vol. 11
![The DeGen Bible to Financial Freedom - Vol. 11](/content/images/size/w2000/2022/10/ST11-1.jpg)
Week 10 Oct - 16 Oct 2022
Detail info: bit.ly/SEANIDO
Build yourself into a 100x person, don’t look for one and wait for it to go 100x. - Mars Captain
🧠 Observations
- Quiet week, all major macro uncertainties remain relevant. UK, Saudi Arabia, Russo-Ukraine war, inflation, etc. 😷
- No news in BTC and ETH, media landscape dead silence. 🤫
- China national congress and standing committee meeting going on, with a potential green light to support crypto asset business in HKSARS. 🇭🇰
💵 Stablecoin & Market Landscape
Stablecoin market share remains EXTREME high in reference to the total crypto market capitalization. 15.12% of stablecoin (147.6B) on 0.97T crypto market. Flattening trend continues
![](https://news.starfish.finance/content/images/2022/10/defillama.jpg)
- Stablecoin market share remains EXTREME high in reference to the total crypto market capitalization. 15.12% of stablecoin (147.6B) on 0.97T crypto market. 🐻
Reminder: Mid-NOV 2021, this percentage was around 4ish% with a 3T total MC. Now we are at 15ish% with a 1ishT total MC.
- Now at 0.99T, the last two months has been playing with the 1T MC line. 🤡
Reminder: June 2022 witnessed a bottom of 800ish B MC vis-a-vis the market’s top in NOV 2022 at 3T.
- Oh, NEAR and BNB. Easier to understand the latter, but how does NEAR capture so much attention on Twitter? And how does the size of Twitter followers translate into its upside? 🤡
🔢 Index
Bitcoin Fear and Greed Index is 24 - Fear
— Bitcoin Fear and Greed Index (@BitcoinFear) October 16, 2022
Current price: $19,172 pic.twitter.com/1IdFHeceUG
- Stagnated around 20 for five weeks now. (A few days ago, it was 20, not much difference) 🌊
Daily #CBBI status update:
— CBBI - ColinTalksCrypto Bitcoin Bull Run Index (@CBBI_daily) October 16, 2022
https://t.co/YpDBHLaGoN
𝐂𝐎𝐍𝐅𝐈𝐃𝐄𝐍𝐂𝐄 𝐒𝐂𝐎𝐑𝐄: 7️⃣
🗓 Oct 16th, 2022
The price of #Bitcoin is $19,128 pic.twitter.com/3b4yhy2pQ7
- Still have low, single digit 7 weeks in a row. 👹
📰 Current affairs
Starfish Finance🆕:
![](https://www.coindesk.com/resizer/HLIBFqNSDDZBk7FUcJkHYqL2FnM=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/5PYAQCNBT5EPZK7VRYVEV3PH3Y.jpg)
![](https://images.cointelegraph.com/images/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9lMTNkZWJkYWFiY2ViMzgyZmVkZmZlMTYwYzhhOWRmMi5qcGc=.jpg)
Layer 1s & DeFi:
![](https://imageio.forbes.com/specials-images/imageserve/633f0397fffbfa7ba5bec1dc/0x0.jpg?format=jpg&width=1200)
![](https://cdn.decrypt.co/resize/1024/height/512/wp-content/uploads/2022/10/crypto-face-palm-gID_6.jpg)
![](https://cdn.decrypt.co/resize/1024/height/512/wp-content/uploads/2020/06/circle-centre-coinbase-usdc-ethereum-algorand-gID_1.jpg)
![](https://www.coindesk.com/resizer/4LKBJagQnnhqxSzDwunSQbkCHn8=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/7VU72TJDHBCINA4DZXQGW5WCP4.jpg)
![](https://blockworks.co/wp-content/uploads/2022/10/2022-10-12-shutterstock_2160473405.png)
![](https://the-defiant-web.s3.amazonaws.com/img/2022/04/24191540/UniCALawsuit.jpg)
NFTs & Metaverse:
![](https://www.coindesk.com/resizer/Z20bel4SEYDrOu5idMZZoU6BeaY=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/AWIEDZUWIRC4RM2AULBPEK5A2I.jpg)
![](https://cdn.decrypt.co/resize/1024/height/512/wp-content/uploads/2022/10/beeple-artwork-eyes-gID_4.png)
![](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ic1YO3fzKPsg/v0/1200x1192.png)
Macro Economy & Regulations:
![](https://cdn.decrypt.co/resize/1024/height/512/wp-content/uploads/2020/02/shutterstock_5524935611-gID_4.jpg)
![](https://www.tbstat.com/wp/uploads/2021/08/Webp.net-resizeimage3.jpg)
![](https://www.tbstat.com/wp/uploads/2019/06/court-columns.jpg)
![](https://blog.chainalysis.com/wp-content/uploads/2022/10/Geos-Report-Cover_Regional_Eastern-Europe.png)
![](https://www.coindesk.com/resizer/BjEMQdxegVIftW-PBfyB9w7sA_0=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/JAVE3ZZF3FA4DIFB3HAVRVPF6M.jpg)
![](https://www.tbstat.com/wp/uploads/2022/10/20221012_EuropeanVC_CryptoFunds_Feature.jpg)
Interesting Tweets:
![](https://threadreaderapp.com/images/screenshots/thread/1579188245426229248.jpg)
2/ Aptos and LayerZero share a core focus of creating a better developer experience through industry-leading safeguards and an emphasis on UX.
— Aptos (@AptosFoundation) October 10, 2022
This integration enables an even smoother and more secure experience for developers building next-gen applications on Aptos.
Research Reports & Videos (DYOR):
![](https://substackcdn.com/image/fetch/w_1200,h_600,c_limit,f_jpg,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F0a444a58-8201-4911-b558-d2aa1f53fe84_675x499.jpeg)