Trend · Nov 2, 2026 15:07 UTC

stablecoin velocity remains the swing factor for carry strategies

Keeping a written thesis helps avoid narrative whiplash.

Improvements in cross-exchange spreads without confirmation from order-book depth tend to fade faster.

That debate sits next to today’s market focus around “Trezor lifts password ceiling after Coldcard’s $100M wallet thefts.”

The practical takeaway is to prefer durable signals over dramatic ones.

Cycles rhyme, but the plumbing underneath keeps changing.

Revisit assumptions weekly; markets change faster than slogans.

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