The Rise of the Corn Moon
Macro Pulse: What Moved the Markets
With the rise of the corn moon tonight how will the market shape up this week? Let’s take a dive into a quick weekly recap to reflect before we head into this new exciting week!
📰 Last Week Recap
SEC and CFTC released guidance on crypto adoption
CFTC is issuing a no action on event contracts; bullish for prediction markets like Kalshi and Polymarket
Collector Crypt ($CARD) bringing buying Pokemon cards on chain in an easy format with opening packs & providing 85% instant buy back value
Lots of drama with the new World Liberty Financial ($WFLI) token dropped by Trump’s team and they blacklisted Justin Sun’s Wallet
The S&P hit a new record high this week
Fed reserve holding a conference on Oct. 21st with focus on stable coins
Chris Waller a Fed governor said on CNBC the fed needs to cut rates
Publicly listed companies now hold over 1 million BTC
Michael Saylor’s Strategy had a few headlines this week however on Friday they announced the rejection from being included in the S&P 500
Solana went from $0 to $100B+ in less than five years take a look at this chart
Galaxy Digital is tokenizing it’s shares on the Solana blockchain
SOL Strategies ($STKE) is approved for the Nasdaq with trading starting 9/9
Payroll data fell short which gave way to a 99% rate cut chance in September
📅 This Week to Watch
Weekly Market Signal: 🟡 Neutral Bias
⚠️ Bias: Cautious and choppy week ahead with CPI
Fear & Greed Index: 🟡 Neutral
BTC | ETH | SOL
Weekly Price Action
Altcoin Spotlight 🔦 - $LINK
TLDR;
1.) Chainlink is the bridge between blockchains and the real world powering data, tokenization, and cross-chain transactions. LINK is the fuel that makes it all run
2.) Without Chainlink, blockchains can’t talk to each other or access real data like prices or GDP. That’s why LINK is becoming one of the most investable tokens in crypto.
Think of Chainlink as the translator and bridge of the crypto world. It takes real information like prices, payments, or even government GDP reports and makes them usable by blockchains. It also acts like the “pipes” that let different blockchains talk to each other. Without it, advanced crypto apps and tokenized assets would struggle to function, which is why many see LINK as both essential and investable.
What is Chainlink (LINK)?
Chainlink is an industry standard oracle platform that connects blockchains to real world data, legacy systems, and other chains. At the center of its design is the Cross Chain Interoperability Protocol, or CCIP, which allows value and data to move seamlessly across different blockchains. Chainlink’s stack spans data, interoperability, compliance, and privacy, with a developer runtime that lets institutions orchestrate full workflows across onchain and offchain systems. This infrastructure already powers core DeFi markets and enterprise pilots, and it has advanced security credentials through ISO 27001 certification and a SOC 2 Type 1 attestation that cover services like Price Feeds and CCIP, which helps meet institutional requirements for reliability and auditability.
Where the potential lies with LINK
LINK benefits from growing real world usage and institutional adoption, including expanding tokenization programs and capital markets integrations. Staking upgrades align incentives and reduce liquid supply, while Chainlink’s role as the middleware for tokenized assets strengthens its position as onchain finance scales. Momentum is reinforced by the United States Department of Commerce working with Chainlink to bring official macroeconomic data onchain, including GDP and PCE, which opens the door to transparent benchmarks and new financial products that reference government statistics. With these fundamentals and standards based interoperability in place, many investors view LINK as a scarce asset tied to network effects rather than hype, with some research expecting top tier market cap status as tokenization and cross chain applications mature.