Alpha
$SUI has a ~$110M unlock tomorrow, with most going to Series A and B investors, while early contributors will receive around 16% of the tokens.
Meanwhile, $SUI has surged 48% in the past week, just before a $100M token unlock. an exit pump or price discovery~! Additionally, SUI's TVL has reached a new all-time high of $1B.
Week Ahead 08/10 - 13/10
Project Updates:
Oct. 7: FTX court hearing to determine date of $16b cash distribution
Oct. 8: HBO documentary claiming to reveal Satoshi Nakamoto's identity
Oct. 8: Saga ($SAGA) Vault Five distribution
Oct. 8: NvirWorld ($NVIR) launches Neural Coin on Nural Network
Oct. 9: DEAPCOIN ($DEP) service enhancement update
Oct. 9: Stacks ($STX) initiates Nakamoto upgrade sequence
Oct. 10: Gods Unchained ($GODS) releases new expansion "The Tower of Dread"
Oct. 13: Dash ($DASH) releases new privacy features for mobile wallet
Mantra ($OM) scheduled to go live on mainnet this week.
Token Unlocks:
Oct8-14: $APT - $99.30M (2.25% of supply)
Oct8-14: $SOL - $78.57M (0.11% of supply)
Oct8-14: $WLD - $74.45M (7.32% of supply)
Oct8-14: $TAO - $46.17M (0.97% of supply)
Oct8-14: $OP - $21.08M (0.99% of supply)
Oct8-14: $TAIKO - $19.80M (15.62% of supply)
Macro:
Oct9: FOMC minutes
Oct10: CPI report release. Expected: 2.3%
China's stock market has surged 20% in a matter of days. This comes as China starts large stimulus.
Project Updates:
Oct. 7: FTX court hearing to determine date of $16b cash distribution
Oct. 8: HBO documentary claiming to reveal Satoshi Nakamoto's identity
Oct. 8: Saga ($SAGA) Vault Five distribution
Oct. 8: NvirWorld ($NVIR) launches Neural Coin on Nural Network
Oct. 9: DEAPCOIN ($DEP) service enhancement update
Oct. 9: Stacks ($STX) initiates Nakamoto upgrade sequence
Oct. 10: Gods Unchained ($GODS) releases new expansion "The Tower of Dread"
Oct. 13: Dash ($DASH) releases new privacy features for mobile wallet
Mantra ($OM) scheduled to go live on mainnet this week.
Token Unlocks:
Oct8-14: $APT - $99.30M (2.25% of supply)
Oct8-14: $SOL - $78.57M (0.11% of supply)
Oct8-14: $WLD - $74.45M (7.32% of supply)
Oct8-14: $TAO - $46.17M (0.97% of supply)
Oct8-14: $OP - $21.08M (0.99% of supply)
Oct8-14: $TAIKO - $19.80M (15.62% of supply)
Macro:
Oct9: FOMC minutes
Oct10: CPI report release. Expected: 2.3%
China's stock market has surged 20% in a matter of days. This comes as China starts large stimulus.
Bitcoin Price on October 07:
2015: 246 $
2016: 613 $
2017: 4369 $
2018: 6591 $
2019: 7989 $
2020: 10603 $
2021: 55339 $
2022: 19958 $
2023: 27947 $ (Bear market wo/ ETF)
2024: 63000 $ (With ETF)
2015: 246 $
2016: 613 $
2017: 4369 $
2018: 6591 $
2019: 7989 $
2020: 10603 $
2021: 55339 $
2022: 19958 $
2023: 27947 $ (Bear market wo/ ETF)
2024: 63000 $ (With ETF)
Alpha
Correlation btw sectors.
^ great returns coming with great risk, memes having highest volatility across all sectors but at the same time memes outperformed all the sectors. Secondly eth killers with low vol but almost similar returns.
The Ethereum Foundation address deposited 1,200 ETH to Bitstamp 20 minutes ago, worth approximately $3.03 million.
https://platform.arkhamintelligence.com/explorer/address/0xa951A1BCBbD1bEE2cc35CFd96Dcf9d101e630c40
https://platform.arkhamintelligence.com/explorer/address/0xa951A1BCBbD1bEE2cc35CFd96Dcf9d101e630c40
67% of hedge funds trading in traditional markets have been involved in digital assets, up from 29% in 2023 and 37% in 2022. Of the funds that have already invested in crypto, 67% plan to maintain the same level of crypto capital, while the remaining funds plan to increase investment by the end of 2024.
https://www.bloomberg.com/news/articles/2024-10-10/almost-half-of-traditional-hedge-funds-are-dabbling-in-crypto?
https://www.bloomberg.com/news/articles/2024-10-10/almost-half-of-traditional-hedge-funds-are-dabbling-in-crypto?
Bloomberg.com
Almost Half of Traditional Hedge Funds Are Dabbling in Crypto
Nearly half of hedge funds focused on traditional asset classes now have exposure to cryptocurrencies as increased clarity around regulations and the launch of exchange-traded funds in the U.S. and Asia draw more investors into the asset class, according…
U.S. CPI: +2.4% YEAR-OVER-YEAR (EST. +2.3%)
U.S. CORE CPI: +3.3% YEAR-OVER-YEAR (EST. +3.2%)
U.S. CORE CPI: +3.3% YEAR-OVER-YEAR (EST. +3.2%)