Is Solana Non-Consensus Now?
Aug 19, 2025
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Discussed in today's video:
Coinbase-Binance spread flipped to discount, signaling strong U.S. spot selling. Markets expect Powell to lean hawkish Friday despite Fed Funds futures still implying a September cut. Much of this weakness looks like it's getting priced in ahead of time. Today’s tech-led sell-off hit momentum strategies hard, with Bitcoin likely caught in the crossfire. Still, the VIX and high-yield credit remain steady, pointing more to profit-taking than panic. Option skews have shifted bearish across all tenors, even with BTC only ~10% below ATHs. Fear is being price...