Connection Capital

Alpha #12: Steakholder Foods (STKH). Link in bio

With Binance presumably taking a large loss as a result of the recent hack, it will be interesting to see if prime assets owned by the exchange will be sold off to competitors, such as CoinMarketCap.

A couple of months ago, Tether did its first ever audit. Now it has doubled its excess reserves. The purpose of this is presumably to increase confidence in USDT's backing and stability. Why now?

Those claiming that crypto is resilient despite the Binance hack should keep in mind that it takes time for the effects of such shocks to affect the broader markets. The full extent of the damage is yet unknown.

For months, Connection Capital has been warning about escalating attacks on the offshore crypto industry by the onshore crypto industry. No, it was not North Korea that hacked Binance.

Canada is reportedly working with Europe to create a new payment system that will bypass the US banking system and US dollars. How will the US respond?

Trump is reportedly considering stepping down after the midterms, citing poor health. If this happens, it would have been obvious in retrospect, specifically since this article quietly published on January 1st, 2026

Gold is retesting the monthly Bollinger Band moving average, which has been a key support level since gold started breaking out in 2023. Breaking below this level risks a drop to 2800. It has already been retested 3 times.

There is an enormous amount of leverage in crypto, not just in terms of leverage trading, but in terms of crypto whales borrowing against BTC, ETH etc. If prices fall too much, all this extra 'hidden' leverage gets liquidated.

Given that the population is declining in developed countries, does this create an incentive for pharmaceutical companies to pump the shrinking population with gradually more drugs and vaccines to maintain profitability?

Diesel prices in the US are retesting the weekly RSI moving average, a bullish retest before what appears to be a much larger move higher. If it happens, a recession is very likely.

This should come as no surprise. Most spot Bitcoin ETF buyers are retail investors, and retail investors tend to chase price action, not set it. Worth remembering before relying on ETF flows for guidance on BTC's future price.

The US is pulling military resources from Europe, decreasing aid to Ukraine. At the same time, it's adding military resources to the Middle East, increasing aid to allies. It's clear which way both conflicts are heading.

ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 hit a local top on August 22nd, and again on September 22nd. Is history about to repeat? If it does, then PEPE and the broader crypto market could experience a parabolic rally in the next ~48 hours.