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.
The onboarding was closed yesterday after reaching the cap, and posts were deleted to prevent further messages. I received a lot of messages. Thanks for the support.
Alpha
Historically, July is the strongest month in summer, and QQQ has extremely strong July seasonality for structural reasons. BTC has a median return of 10% in July and tends to bounce back strongly, especially after a negative June (-9.85%).
m2/btc
This is the whole picture of this run.
Three years ago, they said that inflation was all in your head, even as the M2 money supply skyrocketed.
QT has been prevalent since the market topped in 2021. M2 probably bottomed out, and more stimulus/injections from the government could trigger this Bullish Run.
This is the whole picture of this run.
Three years ago, they said that inflation was all in your head, even as the M2 money supply skyrocketed.
QT has been prevalent since the market topped in 2021. M2 probably bottomed out, and more stimulus/injections from the government could trigger this Bullish Run.
Alpha
m2/btc This is the whole picture of this run. Three years ago, they said that inflation was all in your head, even as the M2 money supply skyrocketed. QT has been prevalent since the market topped in 2021. M2 probably bottomed out, and more stimulus/injections…
made the chart here track real time; https://fred.stlouisfed.org/graph/?g=1pGT8
fred.stlouisfed.org
M2 | FRED | St. Louis Fed
View data of a measure of the U.S. money supply that includes all components of M1 plus several less-liquid assets.