Ripe, a credit market for tokenized stocks, just went live on Robinhood Chain.
Borrow against tokenized stocks with Ripe here!
GM friends.
Hereâs what Iâll cover today:
đ Whatâs next for the market?
đ Crypto chart of the week
đď¸ The latest DeFi news
đWhatâs next for the market?
As you all already know, BTC had an insane rally over the past few days.
While itâs not entirely clear what caused this, I think the main reason for this rally is likely the U.S. Treasury's bond buyback announcement.
As the 30-year US Treasury yield recently hit a new multi-year record, US Treasury announced it will double the size of its long-term US government debt buybacks.
How does this impact crypto?
Well, to buy back long-term US government debt, the US Treasury will have to issue new short-term debt. Doing so lowers bond yields and makes investments in stocks/crypto/metals much more attractive, as people are looking for alternative ways to protect themselves against inflation.
This is why both gold and Bitcoin surged after this announcement.
So it is certainly a big catalyst for crypto.
But whatâs particularly interesting about this rally is this:
The 23% weekly jump that BTC just had is its biggest increase since March 2023.
Generally, BTC doesnât show so much strength until a new bull cycle begins.
So I think thereâs an argument to be made that the cycle bottom is in, even though this would mean this bear market ended much faster than the previous ones.
The market needed a catalyst to increase the appetite for scarce, risk-on assets, and the US Treasuryâs recent announcement could be that.
That said, there are a few additional things to take into consideration:
In 2023, BTC tested the 200-day and 200-week EMA (Exponential Moving Average indicator) several times after the beginning of its bull market rally
Right now, the 200-day EMA for BTC is around $72,000, and while I personally wouldnât bet on it testing this level again, a scenario where it drops to $72,000-$73,000 before continuing the uptrend is possible.
The stock market has barely moved over the past months - Low volatility for a sustained period is usually a sign that an explosive move is happening (like BTC just had), and if we see a stock market crash in Q4 (which is not uncommon during midterm years), this could also drag the crypto market down
If we assume the BTC bottom is in, this would have been the shortest bear cycle in BTCâs history, as it lasted only 10 months from the moment it peaked
I am sharing this as I think itâs important to understand both the bullish and bearish arguments rather than just making a crazy unrealistic price prediction.
If you ask me, I lean toward being bullish as long as BTC stays above $72k. I think $72k-$73k is a key level to watch as itâs historically a strong support level.
The 2nd key level to watch is $82k-$83k in my opinion, which BTC didnât manage to break during its May 2026 rally, as that turned out to be a bull trap.
This is the level that I want to see BTC break with strong volume in order to confirm that we are indeed in a bull market, as breaking $82k would form a higher high. If it surpasses $82k, we will most likely not see $60k again.
With that said, now you should have a good understanding of my market view.
Next, I want to talk about my strategy for the next few months, but before that, hereâs an overview of Ripe, which just went live on Robinhood Chain:
Brought to you by Ripe
Your tokenized stocks can back a loan
If you hold tokenized stocks on Robinhood Chain, there isnât much to do with them yet. Trade them at 2am, sure. But in tradfi, borrowing against equities instead of selling them is routine. And now, itâs possible: with Ripe.
Ripe is a credit market for tokenized stocks, live now on Robinhood Chain.
Hereâs what makes it different:
- One loan, not six. Everything you deposit backs a single position. SPCX, NVDA, TSLA, AAPL, GOOGL, GME and WETH sit together, each adding its own borrowing power.
- Chainlink equity feeds price the collateral, sourced from the equity exchanges rather than an onchain pool.
- Built for the weekend. Equity feeds freeze Friday at 4pm ET while the tokens keep trading. Borrowing limits assume that gap up front, and positions reprice in one step at Mondayâs open.
- Everything is visible before you commit: rates, borrowing limits, liquidation terms in the app, every position public on the explorer.
Ripe ran for a year on Base, audited and in production, peaking at over $4M TVL and zero protocol losses. It just launched on Robinhood Chain and fresh rewards are live.
If youâd rather supply than borrow, the GREEN/USDG stablecoin pool pays RIPE rewards to liquidity providers, and depth there is what opens borrowing for everyone else.
Borrow against your stock tokens here!
đWhatâs next for the market? (Part 2)
Circling back, I mentioned in June (in this article) that I already started DCAing, and I intend to deploy all my capital into the market until late November.
I fortunately managed to get a decent amount of market exposure at a ~$63-$64k avg. BTC price, although I am not going to lie, I was expecting the downtrend to last at least a few more weeks. So I still felt a bit underexposed when everything pumped, as I also have a good amount of capital that hasnât been deployed in the market yet.
But living with regrets doesnât help. So my strategy from now on is this:
I bought a good amount of BTC at $76k as well, on top of what I already accumulated before this rally
If BTC goes up only from here and breaks $82-$83k with strong volume forming a higher high, then I think the bull market is confirmed at that point, and I plan to deploy my remaining cash into the market on any small 5-15% dips we see along the way
If BTC drops to $75,000 and $72,000, I plan to buy some at these levels too, as I think the trend remains bullish as long as BTC stays above $72k
If BTC drops below $72K and doesnât quickly reclaim it, Iâll consider this rally a bull trap, and I donât intend to buy again until it goes into the low $60Ks
The scenario I consider most likely is that BTC will stay above $72k and continue to go up, but what happens remains to be seen.
Yet as you can see, I have a plan for every scenario, as I think this is the only way to avoid impulsive buying/selling and make the right decisions.
If BTC hits a new low this year, Iâll have some money available to buy it.
But if BTC only goes up from here, Iâll also benefit, as I have a decent amount of market exposure and plan to add more.
Obviously, I am also interested in altcoins.
But the reason I talked so much about BTC is that altcoins follow BTC's price action in 95% of cases, so my altcoin strategy depends heavily on my market view on BTC.
Speaking about altcoins, I donât really have a full list of altcoins that I plan to hold from the beginning to the end of the cycle. But as a general rule, I am interested in buying revenue-generating coins that also have an active community on X, as I think attention is crucial for driving a token price up.
Rather than adopting a buy-and-forget strategy as I do with BTC, I plan to hold most of my altcoin bags only as long as they consistently outperform the market and/or have an upcoming catalyst that I believe will create more hype around them.
Once one of them shows weakness for a few weeks in a row, Iâll simply reallocate my money to another altcoin with strong momentum.
I think this can work pretty well as long as itâs done right.
HYPE, ETHFI, ENA, JUP, SKY, AAVE, and PENDLE are a few of the altcoins on my watchlist, which I plan to use for this type of narrative trading. If thereâs any interest, Iâll do a full deep dive into my altcoin watchlist and my strategy as well.
But I hope this post provides a bit of clarity into how I am positioning myself in the market for the next few months and my view on whatâs next.
No one can predict the future, but I think itâs possible to adopt a strategy that helps you emerge as a winner regardless of the short-term price action.
Chart of the week
Aave V4 TVL surged to $535 million
Crypto meme of the weekđ
The latest developments in DeFi
Aave launched early access to its Aave mobile app on iOS
Lighter released its RFQ trading mechanism to the public
Coinbase released tokenized stocks on Base
Kamino introduced Kamino Fixed Rates - an upcoming fixed-term, fixed-rate lending product scheduled to launch this quarter
Hyperliquid activated AQAV2, its revenue-sharing deal with Circle
Arbitrum DAO is discussing adding two new revenue stream mechanisms: priority gas auctions and a fast feed
X announced plans to add crypto trade buttons soon
Ethereum released the first public testnet for the Glamsterdam upgrade
LayerZero introduced ATLAS - a backend infrastructure for trading
Arcus (formerly dYdX) introduced pTokens - tokenized leveraged positions that auto-rebalance to maintain a target leverage
Cosmos EVM Chains had to halt withdrawals due to a critical bug
infiniFi scheduled its TGE for Q4 2026
Kinetiq announced Elysium - its own L2 built on top of HyperEVM
Ethena started arbitraging funding rates again as part of its yield strategy
Tydro V2 went live, introducing fixed-rate borrowing on Krakenâs Ink chain
Thatâs all for this week!
Until next time,
The DeFi Investor
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