💡 Welcome back to DV Chain's Weekly Market Commentary! In this edition, we take a look at a volatile week for crypto markets, driven in part by rising geopolitical tensions and shifting rate cut expectations. We also explore potential catalysts like China’s anticipated stimulus, the latest political developments surrounding crypto, and upcoming token unlocks. Dive in for insights on the latest market trends and potential trade ideas:

Market Recap

• Last week, crypto markets experienced significant volatility with btc selling off about 10%
  • The escalating Israel Iran conflict seemed to trigger risk assets to sell off
  • November rate cut expectations also fell to 25 bps
    
    
• UBS said that China may announce more economic stimulus measures around the release of the third quarter economic data on October 8 or October 18
  
  
• Polymarket now has Trump leading Harris 51-48, after Harris has been leading for nearly a month
  • JD Vance appeared to win the VP debate over Tim Walz
    
    
• Elon Musk acknowledges that (Polymarket) is more accurate than polls as actual money is on the line
  
  
• According to Politico, if Trump wins the presidential election, Robinhood Chief Legal Officer Dan Gallagher may become the next US SEC Chairman. Other candidates include former CFTC Chairman Chris Giancarlo, former SEC General Counsel Robert Stebbins and current SEC Commissioner Hester Peirce
  
  
• FTX 'Confirmation Hearing' to confirm the Distributions Plan today, 10/7 [If the Plan is confirmed, Distributions to creditors will commence promptly thereafter]
  
  
• ETFs saw net outflows last week
  
  
• AI and memes led the past week

‍

Upcoming Catalysts / Trade Ideas

• Tia Unlocks, 10/30
  • $1B worth of tokens to be unlocked
    
    
• FTX creditor distributions in Q4
  
  
• Uniswap v4 launch, Q4
  
  
• Sonic (FTM) Mainnet, December

‍______________​​​​​_________
‍

➡️ Should you require limits for any of the cryptocurrencies listed above or any other coins available through DV Chain (see full list below), please contact your DV Chain representative or email info@dvchain.co

➡️ https://trade.dvchain.co/api/availableTickers

______________​​​​​_________
‍

***NOTICE and DISCLAIMER: This communication and any attachments (the “message”) is not a research report and should not be considered as such. This message is a summary for the intended recipient(s) only and does not provide information reasonably sufficient upon which to base a decision to enter into any derivatives business or transaction. Unless otherwise expressly stated, this message does not purport to be complete, and does not constitute advice or an offer, invitation or solicitation to buy or sell any financial instrument. You should not consider doing derivatives business with any person unless you understand the risks of derivatives and are capable of making your own independent trading decisions with respect to particular derivative transactions. Unless otherwise expressly stated, DV Chain and its affiliates (“DV”) act as principal only and do not hold themselves out as agent, broker, or fiduciary to third parties, and thus owe no agency duties to their counterparties. The contents of this message reflect the views of the individual author; DV will not bear responsibility for any losses or damages arising out of the use of, reliance upon, or receipt of this message.