This Week: [Significant high-profile global macro event risk events over the week]
$OPSEC (June 3) - Releasing 5-month build; staking coming soon.
$CEEK (June 3) - CEEK 3.0 release.
$DUSK (June 3) - €3.5M bond issuance.
$MINA (June 4) - Berkeley upgrade enables ZK smart contracts on Mina.
$MPL (June 4) - SyrupFi Network Seminar Release.
$COIN (June 5) - Coinbase Smart Wallet launches, improving on-chain user experience.
$ATOM (June 5) - V17 upgrade.
$PENDLE (Soon) - New ATHs in TVL and upcoming yield trading integrations.
$FRONT (June 6) - Selfchain Mainnet release.
$ARB (Proposal Live) - Upgrade Arbitrum Sepolia to Stylus for new smart contract languages.
zkSync (Next Week) - Rumored airdrop checker release.
$FET $AGIX $OCEAN (June 13) - Token merger for major crypto AI projects.
$HASHAI (Soon) - Strong month with $150k mining rewards and major expansions.
$SCALE (This Week) - Releasing dApp; price at previous lows.
$INFRA (June) - June roadmap focuses on dApp revamp and staking contract audit.
Macro:
Thursday, June 6, 2024 - ECB Interest Rate Decision; U.S. Initial Jobless Claims; #OCEAN AMA session with Founder Bruce Pon.
Friday, June 7, 2024 - U.S. Unemployment Rate.
Token Unlocks:
Liquity ($LQTY) (June 5) - $742,800 (0.68%)
Galxe ($GAL) (June 5) - $7.26 million (1.76%)
Euler ($EUL) (June 6) - $285,000 (0.32%)
Hashflow ($HFT) (June 7) - $4.01 million (3.36%)
% (Circulating supply)
~ Alpha Research
$OPSEC (June 3) - Releasing 5-month build; staking coming soon.
$CEEK (June 3) - CEEK 3.0 release.
$DUSK (June 3) - €3.5M bond issuance.
$MINA (June 4) - Berkeley upgrade enables ZK smart contracts on Mina.
$MPL (June 4) - SyrupFi Network Seminar Release.
$COIN (June 5) - Coinbase Smart Wallet launches, improving on-chain user experience.
$ATOM (June 5) - V17 upgrade.
$PENDLE (Soon) - New ATHs in TVL and upcoming yield trading integrations.
$FRONT (June 6) - Selfchain Mainnet release.
$ARB (Proposal Live) - Upgrade Arbitrum Sepolia to Stylus for new smart contract languages.
zkSync (Next Week) - Rumored airdrop checker release.
$FET $AGIX $OCEAN (June 13) - Token merger for major crypto AI projects.
$HASHAI (Soon) - Strong month with $150k mining rewards and major expansions.
$SCALE (This Week) - Releasing dApp; price at previous lows.
$INFRA (June) - June roadmap focuses on dApp revamp and staking contract audit.
Macro:
Thursday, June 6, 2024 - ECB Interest Rate Decision; U.S. Initial Jobless Claims; #OCEAN AMA session with Founder Bruce Pon.
Friday, June 7, 2024 - U.S. Unemployment Rate.
Token Unlocks:
Liquity ($LQTY) (June 5) - $742,800 (0.68%)
Galxe ($GAL) (June 5) - $7.26 million (1.76%)
Euler ($EUL) (June 6) - $285,000 (0.32%)
Hashflow ($HFT) (June 7) - $4.01 million (3.36%)
% (Circulating supply)
~ Alpha Research
Alpha
VanEck's Bitcoin and Ethereum holdings: Yesterday, After announcing a $22k target for Ethereum, they transferred a significant volume of ETH. Specifically, VanEck moved 4,640 ETH (worth $17.66M) to a new wallet And staked through Abyss finance.
X (formerly Twitter)
VanEck (@vaneck_us) on X
We've raised our 2030 ETH price target to $22K, influenced by ether ETF news, scaling progress, and our read of onchain data. Additionally, we've analyzed how ETH and BTC perform in both traditional and crypto-only portfolios for optimal returns. @Matthew_Sigel…
U.S. NONFARM PAYROLLS: +272000 (EST. +182000)
U.S. UNEMPLOYMENT RATE: 4% (EST. 3.9%)
U.S. AVERAGE HOURLY EARNINGS: +0.4% (EST. +0.3%)
U.S. UNEMPLOYMENT RATE: 4% (EST. 3.9%)
U.S. AVERAGE HOURLY EARNINGS: +0.4% (EST. +0.3%)
This Week: [Significant very high-profile global macro event risk events over the week]
Project Updates
June 1: $FJO - Fjord Foundry launchpad goes live on Solana.
June 10: $ZEN - Horizen hard fork at epoch 2274 (9:21 am UTC).
June 13: $FET, $AGIX, $OCEAN - Token merge for Fetch AI, Ocean Protocol, and SingularityNET.
June 13: $AGIX - SingularityNET token migration to ASI.
June 15: $STRK - 4.9% of supply ($73M) unlocks for investors and early contributors.
June 25: $SD - Stader burns 20% of total supply ($30M SD).
Coming Soon: $ZK - zkSync token launch post v24 upgrade.
Coming Soon: $PSTAKE - pSTAKE to launch liquid staking for Bitcoin.
RocketX Exchange: $RVF - Introducing walletless swaps across 200+ blockchains.
Macro Events
MONDAY
NVIDIA 10-for-1 stock split begins trading.
Apple reveals new products at WWDC.
TUESDAY
UK labor market data may show 6.1% annual pay growth.
WEDNESDAY
FOMC expected to hold borrowing costs steady; mixed expectations for rate cuts.
US CPI expected to rise by 0.2% M/M in May.
UK GDP likely unchanged in April; declines in manufacturing and services expected.
THURSDAY
Italy hosts G7 summit at Borgo Egnazia.
FRIDAY
Bank of Japan expected to hold short-term rate steady; possible bond purchase reduction discussion.
Token Unlocks
$APT: US$ 95.2M, 2.58%
$ARB: US$ 89.1M, 3.2%
$APE: US$ 17.6M, 2.48%
$STRK: US$ 72.3M, 4.92%
$CYBER: US$ 7.12M, 3.96%
% of cir supply
~Alpha Research
Project Updates
June 1: $FJO - Fjord Foundry launchpad goes live on Solana.
June 10: $ZEN - Horizen hard fork at epoch 2274 (9:21 am UTC).
June 13: $FET, $AGIX, $OCEAN - Token merge for Fetch AI, Ocean Protocol, and SingularityNET.
June 13: $AGIX - SingularityNET token migration to ASI.
June 15: $STRK - 4.9% of supply ($73M) unlocks for investors and early contributors.
June 25: $SD - Stader burns 20% of total supply ($30M SD).
Coming Soon: $ZK - zkSync token launch post v24 upgrade.
Coming Soon: $PSTAKE - pSTAKE to launch liquid staking for Bitcoin.
RocketX Exchange: $RVF - Introducing walletless swaps across 200+ blockchains.
Macro Events
MONDAY
NVIDIA 10-for-1 stock split begins trading.
Apple reveals new products at WWDC.
TUESDAY
UK labor market data may show 6.1% annual pay growth.
WEDNESDAY
FOMC expected to hold borrowing costs steady; mixed expectations for rate cuts.
US CPI expected to rise by 0.2% M/M in May.
UK GDP likely unchanged in April; declines in manufacturing and services expected.
THURSDAY
Italy hosts G7 summit at Borgo Egnazia.
FRIDAY
Bank of Japan expected to hold short-term rate steady; possible bond purchase reduction discussion.
Token Unlocks
$APT: US$ 95.2M, 2.58%
$ARB: US$ 89.1M, 3.2%
$APE: US$ 17.6M, 2.48%
$STRK: US$ 72.3M, 4.92%
$CYBER: US$ 7.12M, 3.96%
% of cir supply
~Alpha Research
U.S. SECURITIES AND EXCHANGE COMMISSION: TERRAFORM AGREES TO PAY $4.47 BILLION IN SEC CASE - RTRS
Curvefi founder (Michale Egorov) is being liquidated.
He currently holds $111.87 million $CRV ($33.87 million) in collateral and $20.6 million in debt across four platforms.
https://debank.com/profile/0x7a16ff8270133f063aab6c9977183d9e72835428/history
He currently holds $111.87 million $CRV ($33.87 million) in collateral and $20.6 million in debt across four platforms.
https://debank.com/profile/0x7a16ff8270133f063aab6c9977183d9e72835428/history
DeBank
DeBank | Your go-to portfolio tracker for Ethereum and EVM
I want to express my sincere gratitude for all your support!
A little about background for those who don't know.
Back in 2022, right a week before the FTX collapse, I started this channel. Initially, the focus was to uncover the FTX hacks and alert people to withdraw their money. I still remember I did not sleep for 3 days straight, actively talking to a lot of people and monitoring the flow.
Later, after FTX, I turned this channel into a research channel. Since then, I have been doing daily market research—probably my OG subs know that.
Now we stand at 10k subs. I have no words to appreciate your support. I never asked for donations or requested you to use my exchange links. This channel was a pure contribution of what I have learned from big minds in the space, and I made it free. everything was is my contribution.
I have made a lot of tools for free for the space, seeing if people benefited from them, like the MM dashboard. The number of posts on this channel is low because I don't like sharing the same thing/headline by changing a few words in it. If something is not on Twitter or anywhere else, you will see it here. Also, I am not on Twitter; Telegram is my only place.
What's next? That is yet to be decided.I like doing/sharing my research work and trade ideas, so I did. There is a lot of flow that can be covered. I have been using a lot of tools to come up with those creative plots and data-driven ideas. Expect an update soon! take care of yourself and your family.
A little about background for those who don't know.
Back in 2022, right a week before the FTX collapse, I started this channel. Initially, the focus was to uncover the FTX hacks and alert people to withdraw their money. I still remember I did not sleep for 3 days straight, actively talking to a lot of people and monitoring the flow.
Later, after FTX, I turned this channel into a research channel. Since then, I have been doing daily market research—probably my OG subs know that.
Now we stand at 10k subs. I have no words to appreciate your support. I never asked for donations or requested you to use my exchange links. This channel was a pure contribution of what I have learned from big minds in the space, and I made it free. everything was is my contribution.
I have made a lot of tools for free for the space, seeing if people benefited from them, like the MM dashboard. The number of posts on this channel is low because I don't like sharing the same thing/headline by changing a few words in it. If something is not on Twitter or anywhere else, you will see it here. Also, I am not on Twitter; Telegram is my only place.
What's next? That is yet to be decided.I like doing/sharing my research work and trade ideas, so I did. There is a lot of flow that can be covered. I have been using a lot of tools to come up with those creative plots and data-driven ideas. Expect an update soon! take care of yourself and your family.