Newsletter Edition: Don't Panic Just Yet Crypto had a rough week, but the Q4 bull case is still alive. Crypto had a tough week, largely driven by expectations that interest rates will stay higher for longer and a broader wave of derisking across financial markets. There are still plenty of reasons to be optimistic about Q4. ↓ Expect larger crypto assets like Bitcoin and Ethereum to rally as we approach the midterm elections. A strong economy and healthy financial markets are politically advantageous, and I think there's going to be plenty of incentive to keep markets moving in the right direction heading into November. I expect the broader environment to become increasingly favorable for risk assets. Another narrative I'm watching closely is AI agents. As we've covered in the past, the basic argument is simple: A I agents can't independently open a credit card account, but they can control a crypto wallet. As agents become increasingly autonomous, they'll need a way to transact, and stablecoins offer a natural solution. I think the continued excitement around AI agents could spill over into crypto and reignite the onchain AI narrative. I'm watching names like $TAO, solana:rndrizKT3MK1iimdxRdWabcF7Zg7AR5T4nud4EkHBof, and $NEAR as potential beneficiaries of that trend. Crypto is volatile, and weeks like this are part of the game. Don't panic. Everything is going to be okay. Words: @alphadawgcrypto