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But we saved everything 🙂.
On-chain activity, which had rebounded from mid-year lows, has started to cool, according to Jamie Coutts. However, Coutts describes tokenised stocks as the primary area of strength, characterizing them as being somewhat independent of prevailing sentiment. He also observes that global exchanges are continuing to announce partnerships with on-chain venues and blockchain platforms.
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Earlier, Jamie Coutts identified capital discipline and a shift in demand as beginning a new "payback era" for crypto in a past report. He also advised entrants in the RealVision Trading League to focus on assets that outperformed during recent market downturns to identify potential leaders. Both observations came before the latest moderation in on-chain activity.