Good morning. Well, well, well… Coinbase predicted a full-on altcoin season in September, and it’s finally here.
All of that, plus your…
- Trade of the Day. ETH/USD is breaking out!
- Degen Play of the Day. The good news keeps coming for PUMP.
- News Roundup. BTC is getting ready to explode higher and a debrief on two new crypto stock market IPOs.
Chart of the Day
The Altcoin Season Index hit 80, its highest level since December 2024, meaning 80% of the top 50 cryptos have outperformed Bitcoin in the last 90 days. The score is higher on the monthly timeframe, up to 90.
But more specifically, it’s Solana season. Solana is winning on mindshare (7.87%), surpassing Bitcoin (7.56%) and Ethereum (6.28%). This jump comes right after Nasdaq-listed Forward Industries [FORD] bought 1.45 million SOL over 12 hours, worth $326 million.
The average length of alt season is 17 days, with a record of 117 days. Now for the fun part, waiting to see how high it goes. Those who wait and don’t capitulate are rewarded. Enjoy it whilst it lasts!
🚀 Want to grab CRO or other top tokens like Bitcoin? 🚀
The Crypto.com App makes it effortless.
Here’s how simple it is:
1️⃣ Download the app
2️⃣ Create & verify your account
3️⃣ Fund with bank transfer, Apple/Google Pay, debit card, or crypto
4️⃣ Log in with Face ID/passcode, tap Buy, pick CRO (or any coin), confirm ✅
That’s it—your crypto lands in your account instantly.
As fast as online shopping, but faster than same-day delivery.
Why CRO? Because it powers the Cronos ecosystem—a fast-growing world of DeFi, NFTs, and crypto utility.
Whether you’re brand new or a pro, Crypto.com makes buying crypto fast, secure, and drama-free.
Trade of the Day
We’re long on BTC, ETH and SOL going into the Fed’s rate cut decision on Wednesday 17th. But the ETH/USD chart looks even better than BTC right now. ETH is showing a breakout of the triangle with volume confirmation. All our other indicators are bullish.
If you’re leveraged long, look to manage this tightly in case it becomes a sell the news event in the immediate term. You may want to consider closing a day or two before the FOMC meeting just in case. Make sure to lock in profits using your trialling take profits.
Alpha Leak
- Dogecoin [DOGE] rallied 31% after treasury company CleanCore [ZONE] is already halfway to its target of accumulating 1 billion DOGE in 30 days. The first spot DOGE ETF is expected to launch next week after being delayed twice, which is just another entry point for fresh liquidity.
- Chainlink [LINK] has launched a new integration with Polymarket, the world’s largest prediction market, to settle bets faster and almost instantly. Chainlink is quietly becoming part of the global financial infrastructure .
- World Liberty Financial [WLFI] community is voting on a buyback and burn proposal. The vote ends on September 18th and currently 99% of the votes are in favor of the proposal. It’s bullish if approved, because after initially dropping 40% once WLFI became tradable, this would reduce the circulating supply.
- Ethena’s [ENA] ecosystem stands to skyrocket after Binance listed its USDe stablecoin. BitMex co-founder Arthur Hayes also bought around $1 million worth of ENA tokens in two days as a bet on Hyperliquid’s validators voting to choose Ethena’s USDtb stablecoin to collateralize its new USDH stablecoin.
- Ondo rallied 20% on the news that BlackRock is exploring tokenizing ETFs, adding credibility to Ondo’s RWA focus. If BlackRock were to extend its partnership with Ondo, this token will pump hard.
News Roundup
BTC Is Getting Ready To Explode Higher
Bitcoin’s Bollinger Bands have reached their tightest range in history, hinting that BTC is heading for an explosive move to the upside. Just a week or two ago, people were shouting that the cycle top is in.
So what’s changed?
Bitcoin ETFs have quietly seen their biggest inflows in 7 weeks. This week has seen $2.32 billion in net inflows, with BlackRock and Fidelity leading the pack.
Bitcoin miners are choosing to accumulate BTC rather than offloading their stack. Miner holdings hit a 90-day high, which is helping to reduce selling pressure. There’s also been an uptick in miner activity, with the number of active ASIC miners increasing to a record 5.62 million on August 28th. That’s proof the industry is booming, investment is flowing and competition is growing.
Bitcoin’s hashrate and difficulty hit new highs. Bitcoin’s hash rate jumped to 1.12 billion TH/s on September 12th and Bitcoin difficulty jumped to a high of 136.04T.
All of these are bullish indicators for where Bitcoin’s price goes next. LFG!
Tether To Launch USAT Stablecoin
It was already announced in August that Bo Hines would be joining Tether after stepping down from his White House duties where he headed up the Presidential Council of Advisors for Digital Assets. But now we know why…
Tether has announced its launching a new US-regulated stablecoin USAT and Bo Hines will be its CEO. USAT will comply with the newly passed GENIUS stablecoin bill and will use Tether’s tokenized platform, Hadron. USAT will be issued by crypto bank Anchorage Digital and Cantor Fitzgerald will act as the custodian.
The White House under President Trump has already made it clear it wants to use stablecoins to maintain the US Dollar’s dominance, and Tether is already one of the biggest holders of US Treasuries, so an announcement like this makes sense.
Remember all the Tether FUD from the past 10 years? Well, now the White House is working together with Tether. It’s funny how things work out.
Not One, But Two Crypto Stocks IPO’d
Gemini
The Winklevoss twins finally got their long-awaited stock market moment, after Gemini completed its IPO on Friday. Listed on the Nasdaq under the ticker, GEMI, the stock opened at $37, which was 32% above its IPO price of $28. It traded as high as $45,89, before closing the week at $32. At the highs, the company was valued at $4.75 billion.
Figure
Figure Technology, a blockchain lender focused on bringing mortgages on-chain, debuted on the Nasdaq on Thursday. Its stock [FIGR] jumped more than 30% to $32.50 where it closed the week, to reach a $6 billion valuation.
❗REMINDER: Not your keys, not your crypto❗
That’s why you should always self custody your coins with best-in-class Ledger wallets.
I have been using Ledger wallets since 2017 and I love them.
Degen Play of the Day
PUMP just got listed on Binance and Upbit, a move that will bring a ton of fresh liquidity into the ecosystem. Trading volume is already up 74%. Add to this, the ongoing token buybacks and that’s still so much upside potential for PUMP.
The price is approaching its all-time high of $0.00688, which was reached on July 16th. If you think PUMP will eventually explode higher into discovery mode, then this could be an opportunity to ride that wave up.
Town Square
Question of the Day
Today’s question is an interesting one and it comes from Lord of the Memes @LOTMEMECOINS on X: “What’s a good balance between holding majors (BTC/ETH) vs chasing narratives this cycle?”
Now I would go as far as to say right now BTC, ETH and SOL are the blue chips. And to always have some cash in stablecoins ready to deploy.
But of course, when it comes to portfolio structure there is no one size fits all. How much you allocate to these blue chips vs. everything else will depend on your risk tolerance, investment goals, how active you are in the market and how good your ability is to spot narratives early.
Keep in mind, this has been the toughest bull market to navigate. So if you’re super conservative, don’t chase narratives. Simple. Keep your portfolio to blue chips only.
But if you want exposure to both blue chips and narratives, use the Barbell strategy to balance risk and reward. Consider a blue-chip allocation, plus stablecoins between 50-75%, then divide the rest by a small number of altcoins. But make sure you’re sizing your small cap positions carefully, each should be no more than 5% of your portfolio.
As the cycle progresses on, you want to be exiting your highest risk positions first.
Final Notes
Thank you so much for your support, and I truly hope that today’s issue will give you insights needed to help you master your wealth.
If you are reading this it means you are on the free version of the Wealth Mastery Investor Report, which is great for news and tips on the crypto markets.
If you really want to take advantage of fastest growing asset class EVER, then the Premium subscription is for you.
Premium Members get access to:
- My updated portfolio
- Technical Analysis from Rekt Capital
- Deep dives on altcoins
- DeFi tutorials
- Airdrop reports
- NFT drop reports
The time to build your portfolio is now. Don’t get left behind.
See you next time!
Lark and the Wealth Mastery Team
Recommended Services
🚀 BYBIT: #1 EXCHANGE FOR TRADING 👉 GET EXCLUSIVE FEE DISCOUNTS & BONUSES
🔒 BEST CRYPTO WALLET TO KEEP YOUR ASSETS SAFE 👉 BUY LEDGER WALLET HERE
Legal Disclaimer
Wealth Mastery (Lark Davis, and the Wealth Mastery writing team) are not providing you individually tailored investment advice. Nor is Wealth Mastery registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. Wealth Mastery is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.
You can find a full disclosure of all my crypto & venture investments here.
Hi! My name is Lark Davis!
I’m a cryptocurrency investor with years of experience and I’ve been making consistent profits in the crypto space.
I’m passionate about helping others do the same, so I run multiple educational channels on crypto investing.
