Markets got the treat they were waiting for with a Fed rate cut and pause on quantitative tightening, but prices still fell. Why? This week, Ryan and David break down why the markets got spooked, what Powell really said about December cuts, and what it means heading into November. We also cover MegaETH’s oversubscribed ICO, Monad’s airdrop, Polymarket’s confirmed token, and JP Morgan’s $34B Base token estimate. Plus Solana’s new ETF, Western Union’s stablecoin, Circle’s controversial L1 launch, the X402 payment boom, and the latest on Consensys and Securitize IPOs.
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TIMESTAMPS & RESOURCES
0:00 Intro
5:03 Markets
https://www.tradingview.com/chart/1RYLG2gC/
https://www.tradingview.com/chart/1RYLG2gC/
https://x.com/fundstrat/status/198307855327420049
https://x.com/KobeissiLetter/status/1983595486259950049
https://polymarket.com/event/fed-decision-in-december?tid=1761832318180
https://x.com/KobeissiLetter/status/1983613170691535094
https://x.com/KobeissiLetter/status/1983606477479899214
https://x.com/TKL_Adam/status/1983560866436927875
https://x.com/KobeissiLetter/status/1983855569996861631
https://www.coindesk.com/markets/2025/10/28/solana-etfs-could-draw-over-usd3b-if-bitcoin-ether-etf-trends-repeat
https://x.com/ETHZilla_ETHZ/status/1982901255782445420
https://www.strategicethreserve.xyz/
30:32 3 of the most exciting tokens this year & new valuations! It’s token launch season!
https://x.com/megaeth/status/1983188518756339906
https://x.com/TrustlessState/status/1982831157491184073
https://x.com/megaeth/status/1982502453515071847
https://x.com/kunalgoel/status/1983304334835077425
https://x.com/0xd1namit/status/1981661321101009388
https://claim.monad.xyz/
https://app.hyperliquid.xyz/trade/MON
https://app.hyperliquid.xyz/trade/MEGA
https://www.theblock.co/post/376134/coinbases-base-token-could-be-worth-34-billion-jpmorgan-says
44:36 Circle’s Arc EVM L1 goes to public testnet - RSA triggered
https://www.arc.network/blog/circle-launches-arc-public-testnet
47:00 x402 gets its first signs of traction - 200,000% growth week over week
https://www.x402scan.com/
https://dune.com/programmer/x402
52:27 Trump names Michael Selig to chair CFTC
https://x.com/CoinMarketCap/status/1983262571277762907
https://www.youtube.com/watch?v=fPdqwebmJzE
https://x.com/davidsacks47/status/1982009725110600145
https://x.com/cdixon/status/1981834098932167131
53:41 Trump Media is about to launch a prediction market
https://www.bloomberg.com/news/articles/2025-10-28/trump-media-plans-to-enter-booming-prediction-markets-business
https://x.com/WatcherGuru/status/1982976302803234955
56:46 Western Union is building exclusively on Solana
https://x.com/solana/status/1983215174883430839
https://x.com/DegenerateNews/status/1983265904348803569
https://x.com/camillionaire_m/status/1983506060343185571
https://x.com/0xMert_/status/1983517171234861273
https://x.com/calilyliu/status/1983386544271704528
https://x.com/vibhu/status/1983568810360643945
1:03:21 3 themes this cycle: Acquisitions, Banks, IPO
https://aave.com/blog/stable-acquire
https://x.com/farcaster_xyz/status/1981398124242620852
https://www.wsj.com/finance/regulation/zelle-stablecoin-cryptocurrency-7ef515e7
https://www.coinbase.com/blog/coinbase-and-citi-collaborate-to-build-the-future-of-payments
https://x.com/brian_armstrong/status/1982850023718105337
https://www.prnewswire.com/news-releases/securitize-the-leading-tokenization-platform-to-become-a-public-company-at-1-25b-valuation-via-business-combination-with-cantor-equity-partners-ii-302596208.html
https://app.rwa.xyz/platforms
https://www.theblock.co/post/376845/metamask-parent-consensys-pursues-ipo-jpmorgan-goldman-axios
1:09:55 Closing & Disclaimers
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