Project Updates:
Injective_Avalon upgrade complete
Uniswap fee switch proposal fails
ton_blockchain proposes burning 50% of validator rewards
Unsheth_xyz back to normal (had security issues earlier)
Blockchain and Technology Updates:
Number of registrations on the chain reaches 305,000 since the launch of Dmail
Fintech firm Taurus to tokenize assets on Polygon blockchain
HashKey PRO will give 6.1 HSK points to pre-registered users
ZK-EVM Kakarot completed the pre-seed round of financing, Vitalik participated in the investment
PancakeSwap launches "Pancake Protectors" NFT series on the NFT market
Ctrip Group hatches the first NFT series "Trekki," which will be sold in blind boxes in the third quarter
Smooth Labs cooperates with Conflux to develop a Layer 2 solution based on Conflux
Microsoft signs multibillion-dollar AI computing deal with CoreWeave
Financial and Market News:
U.S. non-farm payrolls rose by 339,000 in May, the largest increase since January 2023
Swan Bitcoin Managing Director: Family Office Interest in Bitcoin Has Increased Since SVB Collapse
DCG Asks Judges to Consolidate Class Actions to Avoid Judgment Conflict
AI WORLD completed the second round of seed financing of US$2.8 million
Andrew Kang suspected to be long ARB & ARB rose nearly $1.25 in a short-term, with a 24-hour increase of 7.19%
Four people in Banger Games defrauded more than $10 million in its private sale
Bitcoin mining company CleanSpark produced 609 BTC in May and sold 471 BTC
Elon Musk Accused Again of Manipulating Dogecoin
Rugpull and scam losses exceed $54M in May, about half of April losses
Tether announces USDT market value hit a record high
NFT and Gaming Updates:
Cathedra Bitcoin plans to deploy bitcoin mining machines at 360 Mining's Texas site
A certain address bought 13 Doodles with about 28 ETH
Wemade will use Fireblocks service to manage WEMIX
A certain address claimed 15.55 million 1INCH and deposited 3 million in Binance
ApeCoin DAO launches new proposal AIP-245 aiming at forming a Metaverse Working Group
The NFT platform Universe has stopped development and will open-source code on GitHub
GameStop partners with hellotelos to Grow Web3 Gaming Strategy
Alpha Research
Injective_Avalon upgrade complete
Uniswap fee switch proposal fails
ton_blockchain proposes burning 50% of validator rewards
Unsheth_xyz back to normal (had security issues earlier)
Blockchain and Technology Updates:
Number of registrations on the chain reaches 305,000 since the launch of Dmail
Fintech firm Taurus to tokenize assets on Polygon blockchain
HashKey PRO will give 6.1 HSK points to pre-registered users
ZK-EVM Kakarot completed the pre-seed round of financing, Vitalik participated in the investment
PancakeSwap launches "Pancake Protectors" NFT series on the NFT market
Ctrip Group hatches the first NFT series "Trekki," which will be sold in blind boxes in the third quarter
Smooth Labs cooperates with Conflux to develop a Layer 2 solution based on Conflux
Microsoft signs multibillion-dollar AI computing deal with CoreWeave
Financial and Market News:
U.S. non-farm payrolls rose by 339,000 in May, the largest increase since January 2023
Swan Bitcoin Managing Director: Family Office Interest in Bitcoin Has Increased Since SVB Collapse
DCG Asks Judges to Consolidate Class Actions to Avoid Judgment Conflict
AI WORLD completed the second round of seed financing of US$2.8 million
Andrew Kang suspected to be long ARB & ARB rose nearly $1.25 in a short-term, with a 24-hour increase of 7.19%
Four people in Banger Games defrauded more than $10 million in its private sale
Bitcoin mining company CleanSpark produced 609 BTC in May and sold 471 BTC
Elon Musk Accused Again of Manipulating Dogecoin
Rugpull and scam losses exceed $54M in May, about half of April losses
Tether announces USDT market value hit a record high
NFT and Gaming Updates:
Cathedra Bitcoin plans to deploy bitcoin mining machines at 360 Mining's Texas site
A certain address bought 13 Doodles with about 28 ETH
Wemade will use Fireblocks service to manage WEMIX
A certain address claimed 15.55 million 1INCH and deposited 3 million in Binance
ApeCoin DAO launches new proposal AIP-245 aiming at forming a Metaverse Working Group
The NFT platform Universe has stopped development and will open-source code on GitHub
GameStop partners with hellotelos to Grow Web3 Gaming Strategy
Alpha Research
Upcoming week with a few important events:
US Unemployment Claims; by Thursday, June 8, 2023, expected to be at 239k!
June 5, 2023: Wanchain ($WAN) - Bridge Node (Storeman) agent upgrade announcement for a Hard Fork.
June 6, 2023: Optimism ($OP) - Official date set for Hard Fork upgrade of OP Mainnet to Bedrock.
June 7, 2023: USD Coin $(USDC) - Update: Native launch of USDC on Arbitrum.
June 8, 2023: Hedera ($HBAR) - Hard Fork: Mainnet upgrade to v0.38.
US Unemployment Claims; by Thursday, June 8, 2023, expected to be at 239k!
June 5, 2023: Wanchain ($WAN) - Bridge Node (Storeman) agent upgrade announcement for a Hard Fork.
June 6, 2023: Optimism ($OP) - Official date set for Hard Fork upgrade of OP Mainnet to Bedrock.
June 7, 2023: USD Coin $(USDC) - Update: Native launch of USDC on Arbitrum.
June 8, 2023: Hedera ($HBAR) - Hard Fork: Mainnet upgrade to v0.38.
Small scam pumps are dying so quickly, with their shilled narratives lasting at most for a day.
Yesterday's top performers have now transformed into today's top losers as ( Influencers like came into a agreement to pump and dump same coins)
Careful with CT pumps (Exhausted)
Yesterday's top performers have now transformed into today's top losers as ( Influencers like came into a agreement to pump and dump same coins)
Careful with CT pumps (Exhausted)
Alameda and FTX pumps had the feature of lasting for more than a day, sometimes even for a week, driven by strong developments of the coins itself, Not Artificial Pumps..
ex, coins like $REEF sustained their pumps for weeks, as did $HFT and numerous others.
Currently, mid MM participants and influencers are attempting to pump the price within one candle and subsequently dump it within the next candle,
ex, coins like $REEF sustained their pumps for weeks, as did $HFT and numerous others.
Currently, mid MM participants and influencers are attempting to pump the price within one candle and subsequently dump it within the next candle,
Now that top liquidity providers like Jump, Jane, and Alameda are out of the market, there isn't sufficient liquidity to facilitate quick movements. As a result, volatility has reached the lows.
In addition, exchange volumes have also hit lows. worth noting that a few coins are having pumps despite the absence of significant project developments..
In addition, exchange volumes have also hit lows. worth noting that a few coins are having pumps despite the absence of significant project developments..
SP500 speculative futures positions are at multi-decade lows (shorts), a sign that many traders bought into the FALSE narrative that the U.S. debt ceiling matters
None of those narratives appear to occur, forcing those short positions to be covered and SQUEEZING the market higher. (Stocks side only)
Equity markets are also entering the quieter summer months, where natural buying (from pension funds etc.) dominates & pushes the market higher.
No correlation Btw Stocks & Crypto atm, Since Stocks are up and Crypto is down!
The last time the Nasdaq declined in July was in 2007.
Powell testifies this month a few days before fomc, CPI next week!
No Significant inflows for crypto came from Asia yet, Likely a range Like 2018 before explode!
None of those narratives appear to occur, forcing those short positions to be covered and SQUEEZING the market higher. (Stocks side only)
Equity markets are also entering the quieter summer months, where natural buying (from pension funds etc.) dominates & pushes the market higher.
No correlation Btw Stocks & Crypto atm, Since Stocks are up and Crypto is down!
The last time the Nasdaq declined in July was in 2007.
Powell testifies this month a few days before fomc, CPI next week!
No Significant inflows for crypto came from Asia yet, Likely a range Like 2018 before explode!
1hr ago, Ethereum co-founder Jeffrey Wilcke, twitter > jeffehh, transferred 22,000 $ETH ($41.13M) to Kraken.
The last time Jeffrey Wilcke's address transferred out ETH was 29 months ago (2021/01/06) when he transferred 15,000 ETH into Kraken.
Currently, the Jeffrey Wilcke address still holds over 150,000 ETH ($280M)
The last time Jeffrey Wilcke's address transferred out ETH was 29 months ago (2021/01/06) when he transferred 15,000 ETH into Kraken.
Currently, the Jeffrey Wilcke address still holds over 150,000 ETH ($280M)
Alpha
1hr ago, Ethereum co-founder Jeffrey Wilcke, twitter > jeffehh, transferred 22,000 $ETH ($41.13M) to Kraken. The last time Jeffrey Wilcke's address transferred out ETH was 29 months ago (2021/01/06) when he transferred 15,000 ETH into Kraken. Currently,…
address;
0xa7E4fEcdDc20d83F36971b67E13f1abC98DFcfA6