5 Alpha Tweets - ETH ETF Approval Thoughts, Bull Run Exit Strategies & More
5 Alpha Tweets - ETH ETF Approval Thoughts, Bull Run Exit Strategies & More
Edition 118
Welcome to the alpha please newsletter. I curate five alpha tweets every Friday; that’s it, that’s the newsletter.
gm friends,
It has been an historic week. Yesterday the SEC approved the listing of spot ETH ETFs.
It is a clear indication that US policy towards crypto is changing, at least for the time being.
With the approval of these ETFs, it essentially clarifies ETH as a commodity and also has ramifications for similar coins, which would also clearly not be labelled as securities.
It is the first real bit of clarity alt coins have had in the US. It’s great news for the market.
New thing alert: I launched a Telegram channel recently. It’s free to subscribe for more market updates, DeFi & airdrop opportunities.
Your weekly reading:
(*All the screenshots will take you to Twitter if you click.)
1. ETH ETF approval thoughts
Interesting ramble here on the eth etf.
2. low float / high FDV
Good long form read from Haseeb on a very important topic.
3. Bull Run - Exit Strategies
Everyone needs an exit strategy.
4. Crypto x AI that lives up to the hype
Solid research from 563.
5. Crypto marketing and community advice
I think this is a great read for everyone. Identifying which projects are doing marketing and community well is actually an edge.
Random protocol update
Borrowing against my assets to pay for stuff on a credit card and having the restaking rewards pay off the balance? Been hoping for a long time we would see products like this in DeFi. Worth checking out EtherFi’s range of products.
Airdrop opportunity
Layer3
I’m pretty sure the Layer3 token is not far away. You can basically increase your share of the Layer3 airdrop by grinding away clicking buttons and collecting their infinity cubes. You don’t need a lot of capital, but will take some time to do the quests.
I’ve heard on the grapevine that they are looking to match Galxe’s FDV of ~700M. Good opportunity if you are willing to trade some time for an airdrop.
Go to the Infinity Cubes campaign to get started. Can also get there from the rewards tab.
alpha_pls tweet of the week
Hopium.
And that’s your alpha.
Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Crypto currencies are very risky assets and you can lose all of your money. Do your own research.