CPI day ~ 7:30 AM ET.

Consensus YoY: 3.4%

Banks Estimates ^

Jp morgan game plan for CPI.

Wintermute address with amount of 2.5 million $RBN have been exchanged for $AEVO , with a loss of 778,000 US dollars

Unlocks are not memes; they caused the depeg $1 AEVO.

35.54 million $BLUR ($12.96M) transferred from the Blur unlocking contract to Coinbase Prime.

$Blur 100b FDV at launch and a few millions now..

Since BLUR entered the unlocking cycle on June 15, 2023, a total of 23% (690.7 million) of BLUR has been unlocked and transferred to Coinbase Prime.

^

^

https://cobie.substack.com/p/new-launches-part-1-private-capture

This week:

Project updates:
Moonbeam $GLMR: Moonrise Release on May 20, 2024
Zilliqa $ZIL: Network Upgrade v.9.3.4 on May 20, 2024
MultiversX $EGLD: Hard Fork on May 21, 2024
Aleph Zero $AZERO: MOST Launch on May 21, 2024
Lisk $LSK: Klayr Snapshot on May 21, 2024
Chiliz $CHZ: Hard Fork on May 21, 2024
$ETH: VanEck's spot ETH ETF application deadline on May 23, 2024
Neutron $NTRN: Network Upgrade on May 23, 2024
Binance Coin $BNB: Spot Trading Tick Size Update on May 23, 2024
$INTX: IntentX token launch on May 23, 2024
$ENA: Ethena's USDe stablecoin integration into Bybit next week
Swarm $BZZ: Bee v.2.1 Update on May 28, 2024
Carbon Browser $CSIX: Token Burn on May 30, 2024
$FTM: Voting for Fantom's rebrand to Sonic and $S token migration started
Aggr trade adding new options /data to platform.

Token Unlocks
Pyth Network $PYTH: $804M (Already Unlocked) Check the chart?
Avalanche $AVAX: $340M
AltLayer $ALT: $29.44M
GateToken $GT: $15.68M
SPACE ID $ID: $13.58M
Bonfida $FIDA: $7.18M
Metaplex $MPLX: $7.08M

Macro
$ETH ETF approval: According to betting markets, there is only a 7% chance for an ETF approval.
Nvidia reports Q1 2024 earnings – Wednesday
Fed Meeting Minutes – Wednesday
Total of 18 Fed speaker events this week

~ Alpha Research

The Pyth short squeeze is not bullish Unlocks move But; the project front-ran the short sellers.

Those who shorted today, expecting $800M unlocks, got liquidated since the project unlocked tokens ~12 hours ago.

Binance is planned to list projects with smaller market valuation following the people’s Sentiment.

https://binance.com/en/support/announcement/calling-for-project-applicants-95b023902fef42e6a630425170460656?hl=en

$400m liquidated in last 12hrs,

The most entertaining outcome is the most likely

Real time liq data via aggr trade

Did the White House get a memo from the funds staff that being anti-crypto isn't good for the election polls?

"We created The Ethereum Investment Framework to help people get up to speed as fast as possible"

That's a Coindesk intern move.

ETH etf's deadlines, Updated.

Bitcoin ETF's Cumulative Netflow $1.2b

BTC spot ETF total net inflow was $241.12M yesterday, marking a 6 days of consistent inflow.

Easiest trade follow the ETF's flow.

DWF labs bought 25M GALA on open market after the gala hack

https://x.com/DWFLabs/status/1792926708821086509

As per THE FIDELITY ETHEREUM FUND SAYS THE TRUST’S ETHER WILL NOT BE STAKED......

if they can't stake where they will go?

ETH beta trades > like ARB, LDO, OP, and METIS. If asset managers aren’t permitted to stake their own ETH (LDO, ARB in top performers today already)

alternative staking providers will benefit massively from this.

GALA team gets hacked $20M USD back from the hacker and "will probably use the fund for buy and burn"