Alpha – Telegram
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Alpha isn't just the first letter of the Greek alphabet. It's a mindset. It's seeing opportunity where others see chaos.
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2008...
UK government seeks to use Middle East funds to buy UK subsidiary of Silicon Valley Bank...
Another Big Week Ahead (with the release of CPI and Core CPI data)

Next Week macro and Unlocks Calender. 13/17 | 2023
Alpha pinned a photo
latest comments from US Treasury Secretary Yellen on the SVB collapse.. *expect some volatility by Monday
U.S. HOUSE SPEAKER MCCARTHY SAYS BIDEN ADMINISTRATION HAS THE TOOLS TO HANDLE THE SVB SITUATION / really?
Binance Futures Will Launch USDⓈ-M USDC Perpetual Contract with Up to 30x Leverage

$USDC
Regarding $APT (APTOS) unlocks

The upcoming unlocks are not very significant.

Until the 12th of November 2023, about one year after TGE.

Investors & core contributors will be able to claim their first unlock, creating a 12.3% supply shock if all those tokens enter into circulation.
Bloomberg: FDIC's auction of Silicon Valley Bank is underway
Pain in crypto land.
Change in users over the last 24 hours across different crypto projects and platforms abroad. (counts onchain users)

tether txs chng ~ -30%
uniswap txs chng ~ -23%
usdc txs chng ~ -60%

opensea txs chng ~ +60%
the FED is currently in discussions regarding a potential bailout for the funds affected by the recent bank collapse.

This indicates that the FED is stepping in to provide liquidity, which may be the reason why the crypto market is stabilizing after the recent sell-off. We can expect to learn more about this situation within the next 24 hours.
JEFFERIES CEO RICH HANDLER SAYS BEST WAY TO RESTORE ORDER IS FOR U.S. BANK REGULATORY CONSORTIUM TO CONFIRM BEFORE TOMORROW MORNING LIQUIDITY STRENGTH OF VARIOUS BANKS
Ethereum has reportedly generated a profit of approximately $11 million today, marking its highest profit since the last eight months.

This is believed to be the result of heavy swaps and purchases from whales and smart money investors in last few days due to Circle (USDC)/stablecoins concerns.
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Approx. 500k $ETH outflows from Exchanges today..
Ripple CEO confirms the company had an undisclosed amount of cash in Silicon Valley Bank $SIVB | $XRP
Fed to Make Additional Funding Available to Banks: BBG