Alpha
Sept Seasonality Playing out; ETF's approval [sell the news event], Approvals could be more bearish!
Analysts coming with click bait ETF's approval probability started with 50%, now 75%.
Alpha
Aug/2023 tokens with unlocks above 2% Circulating supply, average down -15% by month end.
Aug/2023 [micro-narratives] covered Here > https://shrouded-switch-120.notion.site/August-narratives-71d02c737b534277835380d71163f7a3
moe dev's Notion on Notion
August [micronarratives] | Built with Notion
Top Performers:
Alpha
DWF LABS' address has transferred 170,000 $Cyber to Bithumb, valued at $1.46 million.
DWF's probably done dumping.
> Received 700k tokens a week ago.
> Sold all in 50k batches.
> Received 700k tokens a week ago.
> Sold all in 50k batches.
The Binance deposit address associated with DWF Labs DWFLabs
received a transfer of 3.9 million $BEL (valued at $2M) from Bella Protocol's User Growth Funds address.
A day prior, Bella Protocol's private allocation distribution address had moved 5 million BEL (worth $2.55M) to Binance.
Did Bella Protocol (BEL) find DWF Labs for market making (based on their previous Pump service)
meanwhile $BEL is up21%
received a transfer of 3.9 million $BEL (valued at $2M) from Bella Protocol's User Growth Funds address.
A day prior, Bella Protocol's private allocation distribution address had moved 5 million BEL (worth $2.55M) to Binance.
Did Bella Protocol (BEL) find DWF Labs for market making (based on their previous Pump service)
meanwhile $BEL is up21%
US NFP: 187K [Est. 170K, Prev. 187K]
US Unemployment Rate: 3.8% [Est. 3.5%, Prev. 3.5%]
US Average Hourly Earnings MoM: 0.2% [Est. 0.3%, Prev. 0.4%]
US Unemployment Rate: 3.8% [Est. 3.5%, Prev. 3.5%]
US Average Hourly Earnings MoM: 0.2% [Est. 0.3%, Prev. 0.4%]
MDT and DWF Labs Announce Strategic Partnership to Empower Data Value Creation Ecosystem for AI : BLOG
Watchlists, Key Events For Week Ahead 04/08 | 2023:
$ATOM: USDC soon on Cosmos. (Chance of next week) $dYdX's new app-chain is coming.
$VELA: Vela Exchange to starts on Base on September 5th.
Mantle Tokens: They've begun a program giving out 20M $MNT tokens. There's also talk about using $238M from the DAO for growth.
Other Upcoming:
Bitmain: Selling XMR miner X5 from 10am EST, September 4th.
Connext: Launching token NEXT and starting airdrop sign-ups on September 5th. (airdrop token)
Mysten Labs & Sui Foundation: Their event moved to September 5th/6th. (Quest 2 with Bullsharks and Capys)
Binance: Removing some BUSD, BTC trading pairs on September 7th and revising their BTC trading fee plan.
Coinbase: Removing 6 tokens, like MULTI and VGX, on September 7th.
US Senate Finance: Asking for feedback on crypto taxes. Ends September 8th.
Token Unlock Watchlist:
$TORN: 1.56% unlocking soon. Mainly for the team.
$LOOKS: 2.26% (or $862k worth) unlocks by September 5th. $600k is for treasury.
$HFT: 1.82% to be unlocked by September 6th, mostly for the community.
$IMX: 1.61% of tokens will be Unlocked by Friday 8th September.
Macro:
None
$ATOM: USDC soon on Cosmos. (Chance of next week) $dYdX's new app-chain is coming.
$VELA: Vela Exchange to starts on Base on September 5th.
Mantle Tokens: They've begun a program giving out 20M $MNT tokens. There's also talk about using $238M from the DAO for growth.
Other Upcoming:
Bitmain: Selling XMR miner X5 from 10am EST, September 4th.
Connext: Launching token NEXT and starting airdrop sign-ups on September 5th. (airdrop token)
Mysten Labs & Sui Foundation: Their event moved to September 5th/6th. (Quest 2 with Bullsharks and Capys)
Binance: Removing some BUSD, BTC trading pairs on September 7th and revising their BTC trading fee plan.
Coinbase: Removing 6 tokens, like MULTI and VGX, on September 7th.
US Senate Finance: Asking for feedback on crypto taxes. Ends September 8th.
Token Unlock Watchlist:
$TORN: 1.56% unlocking soon. Mainly for the team.
$LOOKS: 2.26% (or $862k worth) unlocks by September 5th. $600k is for treasury.
$HFT: 1.82% to be unlocked by September 6th, mostly for the community.
$IMX: 1.61% of tokens will be Unlocked by Friday 8th September.
Macro:
None
Probably v imp Chart
Ethereum currently underperforms Bitcoin as the trend (20d) MA shows ETH / BTC ratio is going down, Along with 30-realized vol Hitting lows, beta factors drive Crypto, this is negative in the absence of a bull market.
Realized volatility has increased to 45% for Bitcoin and 39% for Ethereum. Historically, Ethereum’s volatility has only temporarily traded below that of Bitcoin.
ETH (SEC Commodity) might start outperforming BTC again.
Ethereum currently underperforms Bitcoin as the trend (20d) MA shows ETH / BTC ratio is going down, Along with 30-realized vol Hitting lows, beta factors drive Crypto, this is negative in the absence of a bull market.
Realized volatility has increased to 45% for Bitcoin and 39% for Ethereum. Historically, Ethereum’s volatility has only temporarily traded below that of Bitcoin.
ETH (SEC Commodity) might start outperforming BTC again.
Alpha
Probably v imp Chart Ethereum currently underperforms Bitcoin as the trend (20d) MA shows ETH / BTC ratio is going down, Along with 30-realized vol Hitting lows, beta factors drive Crypto, this is negative in the absence of a bull market. Realized volatility…
Two more assets ETH/SOL & ETH/MKR..