OVERVIEW

The Market’s A Crime Scene, But Altcoins Are The Slightly Less Dead Bodies ☠️

Before we dive in, here’s today’s crypto market heatmap:

And here’s a look at crypto’s total market and altcoin market cap charts:

7 Ways to Take Control of Your Legacy

Planning your estate might not sound like the most exciting thing on your to-do list, but trust us, it’s worth it. And with The Investor’s Guide to Estate Planning, preparing isn’t as daunting as it may seem.

Inside, you’ll find {straightforward advice} on tackling key documents to clearly spell out your wishes.

Plus, there’s help for having those all-important family conversations about your financial legacy to make sure everyone’s on the same page (and avoid negative future surprises).

Why leave things to chance when you can take control? Explore ways to start, review or refine your estate plan today with The Investor’s Guide to Estate Planning.

Download your free guide now!

TECHNICAL ANALYSIS
Well, At Least Altcoins Are Outperforming Bitcoin 🤷

I mean, it doesn’t feel like alts are outperforming, but Bitcoin’s dominance continues to drop, which means the rest of the crypto market is sucking less. 🧠 

We’ve looked at the $BTC.X ( ▼ 2.36% ) Dominance chart quite a bit recently. ICYMI:

October 2, 2025

This definitely wasn’t the earliest we looked at the bear flag, but for those new to this newsletter (/wave hi!), this is a chart altcoin fans pay special attention to. Why?

Because when the Bitcoin dominance chart falls, that means altcoins are doing better than Bitcoin - not all of them - but as an aggregate, they’re doing better than BTC. And that’s a good sign that ‘risk’ is back on in crypto.

November 12, 2025

A little over a week ago some warning signs developed that the first signs of a major breakout below the bear flag appeared.

November 17, 2025

Then, this Monday, we looked at a confirmed breakout - actually a double-whammy of a breakout

1. The BTC Dominance weekly chart closed below the bear flag.

2. The weekly close confirmed an Ideal Bearish Ichimoku Breakout.

And that brings us to today’s Bitcoin Dominance chart:

Yes, the whole market is bleeding. Yes, it sucks. Yes, the length of time spent in misery in crypto is exceedingly longer than the times of joy.

But for the first time in months, altcoins look like they might finally shake off whatever curse they’ve been carrying. 📅 

MEMECOINS
I Ha… I Have No Words 😶

During our Community Space on X this morning, I was made aware of this announcement from $GIGA.X ( ▼ 7.53% ):

Two things I’m still trying to wrap my head around.

1. GigaChad has a fitness division?

2. They’re selling their protein powders and stuffs in $WMT ( ▲ 6.46% )???

Mind blown. 🤯 

NEWS
The Royalty Bottleneck Just Died on Avalanche 🦸

The music industry finally got tired of waiting for checks that show up slower than L2 upgrades, so Avalanche and Record Financial decided to drag the whole mess on-chain. ⚰️ 

Record Financial is rebuilding the royalty pipeline from scratch, swapping out spreadsheets and middlemen for $AVAX.X ( ▲ 0.07% )’s high-speed rails and USDC payments that actually land when artists need them.

Instead of money wandering through publishers, distributors, societies, and whoever else inserted themselves into the chain back in 1974, everything flows through a single platform that ingests the data, reconciles it, and pushes payments instantly.

No mystery delays, no missing checks, no quarterly statements written like riddles from a tax goblin.

Key figures worth pinning to your wall:

• Millions of microtransactions handled on-chain
• $40B+ global music royalty market
• Real-time USDC settlement
• Artists paid in seconds instead of months

Avalanche keeps stacking enterprise partners, but this one hits different because it solves a painfully obvious problem: artists shouldn’t have to wait months to get paid for work the world has already consumed. 👍️ 

NEWS
New Hampshire Just Made Bitcoin Muni Bonds A Real Thing 🤯 

New Hampshire’s Business Finance Authority just rolled out a $100 million municipal bond that lets private firms and nonprofits borrow against their BTC holdings.

A Bond They Definitely Didn’t Have In 1995

Borrowers have to post Bitcoin worth 160% of whatever they take out, and if that collateral dips below 130%, the BFA hits the liquidation button before bondholders lose a single dime.

Fees and collateral gains funnel into the state’s Bitcoin Economic Development Fund, which now doubles as both a safety net and a BTC-powered growth engine.

A Test Run For The Future Of Public Finance

Governor Kelly Ayotte called the launch a way to bring new investment opportunities into the state without touching public funds. Lawmakers are already floating the idea that this could lead to a full Bitcoin-backed state treasury bond if the numbers behave.

Analysts outside New Hampshire are watching closely, mostly because this is the first municipal structure in the U.S. that treats Bitcoin like functional financial plumbing instead of a speculative toy.

If it works, other states will copy the homework. If it blows up, well… liquidation rules are already baked in. 🎂 

STOCKTWITS
ESPN Veteran Michele Steele Joins Stocktwits As Content Strategy Director, Will Co-Host New Podcast With CEO Howard Lindzon 📣

• Steele will serve as the director of content strategy at Stocktwits, overseeing the platform’s push into podcasts.

• Stocktwits executives say Steele’s sports-reporting experience aligns with market storytelling built around performance and competition.

• The new podcast will focus on the forces driving markets and how retail traders interpret them.

Michele Steele is returning to financial media after a 14-year run at ESPN, teaming up with Stocktwits co-founder and CEO Howard Lindzon to launch a new podcast series targeting retail investors.

“I’m coming back home to cover the markets, but it’s a completely different environment than when I left,” Steele said, in a statement shared by Melrose PR.

In addition to co-hosting the show, Steele will take a broader leadership role at the company. She will serve as Stocktwits’ director of content strategy, overseeing the platform’s push into podcasts and helping build a unified editorial approach across mobile, social, and streaming channels. Steele will focus discussions on market drivers and retail-investor sentiment.

Return To Financial Media

Steele announced her departure from ESPN on July 17, 2025, with her final day on August 1. Before moving into sports coverage, Steele worked as an anchor and reporter at Bloomberg Television from 2007 to 2011, covering enterprise and financial news. 

At Bloomberg, she became the network’s first full-time sports reporter, specializing in the business operations of major leagues. Before that, she wrote for Forbes, reporting on technology and business. 

Stocktwits Sees Sports-Market Parallels

Rob Shaw, Stocktwits’ Chief Operating Officer and a former Bloomberg colleague of Steele’s, said her background positions her well for retail-focused financial content.

“Michele understands that covering markets isn’t that different from covering sports; it’s about performance, competition, data, and keeping score,” Shaw said. “Her experience creating franchise programming at ESPN and strong financial media background is a major advantage for us as we continue to have real conversations with a community that’s smarter and more sophisticated than traditional media gives them credit for.”

Stocktwits said Steele will bring the same narrative-driven approach that shaped her sports reporting to highlight the storylines behind market moves and give traders a clearer view into the dynamics that shape retail behaviour. 👍️

PRESENTED BY STOCKTWITS
Stonkmarket News 📰

NEWS IN THREE SENTENCES
AI, Stablecoins, & Privacy News 🕵️

💵 Stacks Taps Circle xReserve To Bring Real USDC Liquidity Into Bitcoin DeFi

Circle’s new xReserve system lets Stacks offer USDC that moves 1:1 across chains, finally giving Bitcoin DeFi the unified liquidity it’s been missing. The upgrade deepens Stacks liquidity pools and makes dollar movement smoother by plugging BTC’s L2 economy directly into Circle’s multichain network. Stacks.

🧍‍♂️ Polkadot Pushes Proof of Personhood With A Bold Plan To Beat Bots Without KYC

Polkadot’s Project Individuality uses tattoos, video challenges, and zero-knowledge aliases to verify unique humans without giving up personal data. The goal is to stop airdrop farmers and Sybil attacks so governance and onboarding stop getting gamed. Polkadot.

🔒 UXLINK And ZEC Say The Future Of Web3 Needs Privacy Plus Real-World Social Trust

UXLINK’s real-world social graph and ZEC’s compliant privacy tech are aligning to build infrastructure where users can verify humanity, stay private, and interact safely. The combo supports identity, payments, governance, and agentic actions without leaking personal information. It’s the formula Web3 has been missing: privacy × trust. UXLINK.

NEWS IN THREE SENTENCES
Metaverse, NFT, & Gaming News 🎮️

⚔️ Moku’s Grand Arena Preseason Opens And Your Mokis Are Training For WAR

The Moku preseason is live on Ronin, letting players train their Moki NFTs, battle in auto-fights, and stack mXP before Season 1’s $1M prize pool hits. The top 100 Mokis become official in-game Champion cards that earn royalties whenever players unpack or trade them. Ronin Network.

🔠 SPACE ID Launches .0g Domains So Humans And AI Agents Can Finally Have Real Addresses

.0g domains let both people and autonomous agents register readable identities like bot-manager.0g instead of cryptic wallet strings. Agents can discover each other, transact, negotiate, and operate across 0G’s ecosystem with verifiable on-chain identity. It’s DNS for the AI economy. Space.ID.

LINKS
Links That Don’t Suck 🔗

🏴󠁧󠁢󠁥󠁮󠁧󠁿 British fraud office arrests two men accused of $28 million Basis Markets rug pull

🤔 XRP is valued at $130 billion, but makes only $5,000 a day in revenue: What gives?

😱 BlackRock registers staked Ethereum trust

👩‍⚖️ Is Congress codifying BTC maximalism into law with the Bitcoin for America Act?

🤖 Starship technologies and Uber Eats launch autonomous delivery partnership

🐻 Company pulls AI-powered talking teddy bear toy for giving sex advice

Terms & Conditions 📝

Securities Disclaimer: STOCKTWITS IS NOT A TAX ADVISOR, BROKER, FINANCIAL ADVISOR OR INVESTMENT ADVISOR. THE SERVICE IS NOT INTENDED TO PROVIDE TAX, LEGAL, FINANCIAL OR INVESTMENT ADVICE, AND NOTHING ON THE SERVICE SHOULD BE CONSTRUED AS AN OFFER TO SELL, A SOLICITATION OF AN OFFER TO BUY, OR A RECOMMENDATION FOR ANY SECURITY. Trading in such securities can result in immediate and substantial losses of the capital invested. You should only invest risk capital, and not capital required for other purposes. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. You should also consult an attorney or tax professional regarding your specific legal or tax situation. The Content is to be used for informational and entertainment purposes only and the Service does not provide investment advice for any individual. Stocktwits, its affiliates and partners specifically disclaim any and all liability or loss arising out of any action taken in reliance on Content, including but not limited to market value or other loss on the sale or purchase of any company, property, product, service, security, instrument, or any other matter. You understand that an investment in any security is subject to a number of risks, and that discussions of any security published on the Service will not contain a list or description of relevant risk factors. In addition, please note that some of the stocks about which Content is published on the Service have a low market capitalization and/or insufficient public float. Such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information. Read the full terms & conditions here. 🔍

Author Disclosure: The author of this newsletter holds positions in AVAX, ADA, PUDGY, WLC, IMX, XTZ, NEAR, HBAR, ALGO, INJ, LTC, LINK, ZEC, XLM, and FET. 📋