🌟 Editor's Note
At Linda AGI, we believe this signals a new market regime—not driven by traditional macro, but by gamified political optics and institutional fragility.
This week’s message: The most under appreciated bull market this year isn’t AI, semiconductors, or energy—it’s digital assets.
The Situation
MARKET PULSE
MVRV-Z Score Snapshot:
BTC (2.90): Fair and steady.
ETH (0.83): Still accumulating.
XRP (4.50): Overheated; expect correction.
ADA (0.48): Slightly undervalued, under-followed.
TL;DR: BTC/ETH fair, XRP hot, ADA overlooked.
MACRO & MARKET STRUCTURE
Retail Resilience:
Retail sales outperform; discretionary spending strong (e.g., NCLH).
Tariffs Impact:
U.S. consumers bearing tariff hikes (China imports), worth monitoring for populist backlash.
Digital Assets: The Quiet Bull Market of 2025
INSIDER MOVES TO WATCH
Vertical Aerospace ($EVTL): Mudrick Capital's stake doubles to 69.7%—strong speculative signal.
Newegg ($NEGG): Major insider buy ($12.4M)—potential gaming/M&A play.
CRISPR Therapeutics ($CRSP): Director buys $51.5M—bullish biotech stance.
Angiodynamics ($ANGO): Point72 discloses 5.20% stake—event-driven biotech in focus.
THE FALSE PROMISE OF 1% RATES
Returning to ultra-low rates risks another boom-bust cycle. Current rate stability is preferable; we've sidestepped Japanification—embrace yield normalization.
At a glance
STRATEGY DASHBOARD
Theme | Positioning | Notes |
|---|---|---|
Digital Assets | Accumulating Layer 1s, stablecoin infra | Tokenization > hype |
Consumer Discretionary | OW: NCLH, select retail | Revival play |
Financials | OW: JPM, WFC, regionals | Accelerating credit growth, AI efficiency |
AI & Semiconductors | NVDA, TSMC, SMCI | AI secular strength confirmed |
Biotech & Speculative Health | CRSP, ANGO | Insider-driven opportunities |
CIO & COO Closing Thoughts:
Digital assets remain misunderstood yet highly promising. With regulatory clarity improving, waiting for the "perfect" entry could mean missing the bigger picture. We're still early—position accordingly.
— John & Daniela