Before diving into today’s email, I filmed a quick video last week breaking down Notebook LM. They’re a killer new platform built off of Google’s Gemini product. Feel free to check it out below:

Click here to check it out now.

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Today’s Menu

• Runway’s ‘Frames’ Model: The Future of Visual AI?

• Bitcoin’s $100K Near-Miss: Just a Speed Bump?

Markets

TODAY IN AI

Runway’s ‘Frames’ Model: The Future of Visual AI?

Runway just upped the game with ‘Frames,’ its new AI image generation model, delivering unmatched photorealism and aesthetic consistency. But this isn’t just another image tool:

• Enter the ‘Worlds’: Frames features numbered style environments like retro anime and vintage film effects, hinting at a growing library of customizable aesthetics.

• Next-Level Control: Users can create their own Worlds, blending personalized styles with the model’s photorealistic quality.

• Beyond Images: Rolling out inside Runway’s Gen-3 Alpha platform, Frames seamlessly integrates with image-to-video tools for stunning, cohesive visuals.

This launch follows Runway’s new video expansion tool, letting users resize and extend video scenes effortlessly. Combined with Frames, the Gen-3 Alpha platform is becoming a one-stop shop for creating hyper-realistic visuals across media.

Runway isn’t just competing with AI image startups anymore—it’s positioning itself as the AI visual powerhouse. Expect the creative industry to feel this impact fast.

^{Today In Crypto}

Crypto’s Cooling Off—What’s Next for Bitcoin and Ethereum?

Bitcoin’s bull run hit a roadblock, falling below $93,000 amid a broader crypto correction. After surging over 10% last week, BTC’s gains have dwindled to less than 1%, with analysts noting a 10% pullback from recent highs as “perfectly natural.”

Here’s what’s happening:

• Market-wide Declines: Solana (SOL), Cardano (ADA), and BNB have dropped as much as 7% in the past 24 hours, while the CoinDesk 20 Index slipped 3%.

• Risk Reversal Turns Negative: Sophisticated traders on Deribit and Paradigm are buying protective puts as a hedge, signaling expectations of BTC dipping closer to $90K.

Meanwhile, Ethereum (ETH) is quietly showing strength. Despite a 5% drop in the last 24 hours, it’s climbing relative to BTC. The ETH/BTC ratio surged 15% this week after hitting its weakest level since 2021.

Investors are rotating into riskier altcoins as Bitcoin pauses. Whether BTC resumes its march to $100K or ETH steals the spotlight, the market’s next move could set the tone for the months ahead.

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Thanks for reading!

Until next time,

Damon James