ICNL 009

Boomers Had Houses, Millennials Have Bitcoin – What a Time to Be Alive

When housing became unaffordable for millennials, Bitcoin stepped in.

Boomers built wealth through homes bought when prices were low, benefiting from rising values and a dollar that’s lost 90% of its purchasing power since the 1970s. But millennials entered the workforce as housing prices surged, making ownership nearly impossible.

Instead of mortgages and down payments, many turned to Bitcoin—an accessible store of value that also thrives when the dollar weakens. While boomers’ wealth came from homes, millennials are stacking sats.

The Fed locked millennials out of homes; Satoshi handed them digital keys.

Trump’s Crypto Pivot: Big Promises, Bigger Implications.

Donald Trump’s return to the Oval Office could mark a seismic shift for U.S. crypto policy, despite his past skepticism. Once calling Bitcoin a “scam,” Trump has now embraced digital assets as part of his economic strategy.

Key campaign promises include reducing regulatory barriers, creating a “strategic Bitcoin reserve” from seized assets, and transforming the U.S. into a global leader in Bitcoin mining. He’s also vowed to protect self-custody rights and block central bank digital currencies, citing privacy concerns.

Trump plans to overhaul the SEC, replacing Gary Gensler to pursue more crypto-friendly policies. Additionally, a proposed “crypto advisory council” aims to provide expert-driven guidance to foster innovation.

If realized, Trump’s vision could position the U.S. as a global crypto powerhouse. Time will tell if these promises deliver. 

BTC or DOGE?

Two cryptocurrency assets grabbed attention this week. After Donald Trump’s victory, the market was in the green, but Bitcoin (BTC) and Dogecoin (DOGE) stood out with impressive gains. BTC hit a new all-time high and is nearing the $100,000 mark, while DOGE saw a triple-digit surge. In the midst of this, analyst Ali Martinez polled his followers on X, asking them which coin they’d invest in. It turns out most were leaning toward Dogecoin.

Ali Martinez, a well-known crypto analyst, took to X while both DOGE and BTC were rising. He asked nearly 4,000 followers which cryptocurrency they’d buy with $100. At the time of the poll, $100 would have bought either 0.001124 BTC or 250 DOGE. A whopping 83% of participants chose Dogecoin, while only 17% opted for Bitcoin.

Martinez shared the results and pointed out that Dogecoin was outperforming Bitcoin in this poll. He added that retail investors seem to favor DOGE over BTC, likely because Bitcoin is seen as expensive, while Dogecoin offers an affordable option with potential gains, especially with Elon Musk’s support.

Hedera Hashgraph’s Potential Surge: Will Big Backers and Rising Demand Push HBAR to New Heights?

Trader Maverick, with 145,000 followers on X, thinks Hedera Hashgraph (HBAR) is just getting started. He believes it could soar to $0.1813, 182% higher than its current price.

Maverick points to rising trading volume and Canary Capital’s spot ETF application—possibly getting approval from Trump’s SEC—as key drivers. Hedera’s futures open interest has also jumped from $26.6 million in September to $66.7 million, signaling growing demand.
But it’s not all smooth sailing. Despite big names like Ubisoft, Dell, and Google backing it, Hedera’s ecosystem is small, with just $44 million in DeFi TVL, lagging behind newer blockchains like Sui and Base. Even its DEX networks are only the 32nd biggest in the space.

Big Investors Bet on EIGEN Token Rebound, Despite Market Challenges and Upcoming Dilution.

Data from Nansen reveals that a group called the “7 siblings” just bought 1.07 million EIGEN tokens worth $2.59 million, signaling they’re betting on a rebound. These investors are some of the biggest players in crypto, with over $106 million in assets. Their portfolio is heavily stacked in staked Ethereum, Compound (COMP), and USD Coin.

Despite this move, the EIGEN token still saw a dip, even after Infura announced it would launch a decentralized public infrastructure network on EigenLayer. Infura is huge in the crypto world, handling over 700 billion RPC requests yearly. This news follows RedStone’s launch of its testnet on Eigen’s AVS network.

EigenLayer is a major force in DeFi, offering restaking solutions and managing over $12.89 billion in assets—making it the third-largest DeFi network after Lido and AAVE. EigenLayer’s airdrop in September helped it reach a market cap of $435 million, though its fully diluted valuation has dropped from over $6 billion to $3.9 billion. A key hurdle is that 14.9% of its market cap will be unlocked in December, potentially diluting current holders.