Good Morning ☕️ 

/feels_good….. Enough said… If you have been subscribed here for awhile now, you see the momentum, you see the vision, you see the potential… Stay locked in.

In This Week's Roundup:

• Bitcoin broke $100,000 and ETH surpassed $4,000, while the total crypto market cap reached $3.83T and AI sector hit $48.5B, marking a historic week of growth

• David Sacks was appointed as White House AI & Crypto Czar, bringing a pro-Solana and decentralized AI perspective to the regulatory landscape

• Foundry (controlling 30% of Bitcoin's hashrate) pivoted resources from traditional mining to Bittensor AI infrastructure, signaling a major shift toward crypto-AI convergence

• Meta released Llama 3.3, achieving performance comparable to much larger models while requiring significantly less computing power for local deployment

Let’s dive in 👇️ 

The State of the Market

Total Crypto Market Cap: up 7.8% this week to $3.83 trillion
Total AI Sector Market Cap: up 19.6% this week to $48.5 billion

In yet another historic week for crypto x AI, we’ve witnessed history. For those who remember when Bitcoin was struggling to break $1,000, seeing it finally conquer $100,000 is nothing short of spectacular - a testament to how far we've come in this wild journey.

The headlines were dominated by major psychological barriers being broken, with BTC's historic $100,000 breakthrough being joined by ETH pushing through $4,000 to set a yearly high. ETH's momentum has been bullish for the entire altcoin market, with ETF inflows absolutely demolishing daily records consecutively.

Meanwhile, the Solana agent ecosystem is showing strong signs of recovery after last week's wobble, led by ai16z and Zerebro's impressive bounce and renewed interest in alternative agent tokens that had taken a beating the week prior.

The industry received an unexpected boost with the appointment of David Sacks as the White House AI & Crypto Czar. As a known Solana bull, Multicoin Capital backer, and vocal critic of OpenAI's corporate structure, his appointment has been huge for the Crypto x AI sector. His familiarity with Bittensor and public stance on decentralized AI could signal a shift in regulatory tailwinds for the sector.

Perhaps our favorite story of the week came from AIXBT's accidental launch of the "CHAOS" token. The coin initially rocketed past $10 million market cap, before AIXBT tweeted “Send it to zero”, causing it to dump and then going back on it’s word and burning some of the supply to pump the price.

The AI majors have also maintained their impressive momentum, with TAO flirting with all-time highs and the broader sector showing remarkable strength beyond just the agent narrative. With both traditional crypto and AI sectors firing on all cylinders, the question on everyone's mind is just how much higher we can go in this historic bull run.

Highlights of the Week