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25. 8. 2026
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Crypto live · Kraken
BTC
$78,562
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$96.91
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59.2%
▼ 0.3pp · BTC-led tape
Altcoin seasonBTC-led
33 / 100
16 of top 50 beat BTC 30d
Fear & GreedGreed
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greed · greed building
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≈ +11% APR · balanced carry
Biggest crypto news
The Club · UNI up to $4.40 (1.41x vs entry)
Why it matters — $6–8 implied. 92% deployed · $652 dry powder · 13 assets.
Cockpitcrypto
7.2
1Signalsthe 1 that matter
01
The Club · UNI up to $4.40 (1.41x vs entry)
7.2
Why — $6–8 implied. 92% deployed · $652 dry powder · 13 assets.
CockpitCrypto
2Watch1 themes · 7 notes

Market context

MajorsBTC $80,378 (+1.8% 24h) · ETH $2,495 (+0.5% 24h) · SOL $101.31 (+2.4% 24h)
BTC-Nasdaq correlation turned negative for first time since 2018, strengthening BTC's digital gold narrative as AI trade deflates (Ignas).
BlackRock led $338M net inflows into spot Bitcoin ETFs on Aug 24; Ether ETFs added $116M (Wu Blockchain).
OG whales opened massive longs at the bottom last week; Machi opened $113M in BTC/ETH longs (Ki Young Ju, Lookonchain).
Metaplanet deposited 1,000 BTC ($79.8M) into Coinbase Prime, potentially signaling selling or collateral management (Lookonchain).
Arthur Hayes warns Treasury may deploy ~$1T from TGA if 10-year yield breaches 5%, sees BTC in new bull market with high volatility (Wu Blockchain).
Coinbase launched tokenized stocks on Base via B20 standard, expanding RWA onchain (Bankless).
3Actions1 · save now, convert to tasks later

Thesis review

1 items
Review The Club: UNI at 1.41x vs entry (92% deployed).
What's expectedcrypto, next 1–2 weeks
Spot Bitcoin ETF daily flow datadaily
Arthur Hayes' Flop Labs launch event at Token2049Token2049
Potential Treasury yield-curve control or TGA deployment if 10y yield risesif 10y >5%
AI agent treasury management narratives gaining traction in DeFiongoing
LLM read from today's sources qualitative read, no buy/sell calls
The Clubsource of truth · prices only
Club readas of 16:07

Stress point: SECZ 0.63× vs entry. Working: UNI 1.37×.

DeployedDry powderAssets13
70%Tokenization10%AI × Crypto5%Onchain Fundraising5%Privacy
gray = club entry · white = my fill
Tokenization Bucket70%
SECZex-CEPT40%40%$11.00$9.93$6.900.63×0.69×Bear $5 / Base $20 / Bull $70Base $46 / Bull $123
ONDO5%9%~$0.280$0.362$0.3631.30×1.00×Multi-year hold2–3yr core hold
SKY5%5%$0.070$0.068$0.0680.98×1.00×Bear $0.08 / Base $0.22 / Bull $0.52Base $0.37 / Bull $0.70
AAVEback in · 3%→5%5%9%$95.00$124.42$124.711.31×1.00×Bear $164 / Base $250 / Bull $400Base $400–700
AERO5%5%$0.561$0.5190.93×Long-term hold
UNI5%10%$3.12$4.27$4.281.37×1.00×$6–8 impliedTokenization tailwind
JUP5%9%$0.219$0.2211.01×Long-term hold
LINKclub out 18.5.0%3%$11.33$11.351.00×$13–14Core hold
AI × Crypto Bucket10%
NEAR2%2%$1.55$1.83$1.841.19×1.00×Base ~$9.40Bull: solver scale upside
VIRTUAL3%$0.650$0.7481.15×Long-term spot holdAI narrative
REPPO1%2%$0.013$0.0131.00×Early stage
CASHBeing deployed3%0%
Onchain Fundraising Bucket5%
METAMetaDAO2%$2,769Platform for token launchesPost safe-harbor rule
CASHWaiting for SEC safe-harbor rule3%0%
Privacy Bucket5%
ZECZcash5%4%$670.00$771.14$775.841.16×1.01×Stop-loss: $150Recovery post-Orchard bug
My picks (not in the club)2%
RENDER2%$1.52Personal satellite — my allocation only
Reference / macroBTC $78,562ETH $2,461SOL $96.91
Changes since last snapshot
ONDO 1.40× → 1.30× vs entry
AAVE 1.37× → 1.31× vs entry
NEAR 1.28× → 1.19× vs entry
VIRTUAL 1.27× → 1.15× vs entry
ZEC 1.27× → 1.16× vs entry
Deployment 92% → 0%
source: club thesis · live Kraken prices · daily snapshot