5 Alpha Tweets - ETH ETF expected inflows, SOL vs ETH debate & More
5 Alpha Tweets - ETH ETF expected inflows, SOL vs ETH debate & More
Edition 120
Welcome to the alpha please newsletter. I curate five alpha tweets every Friday; that’s it, that’s the newsletter.
gm friends,
BTC continues to flirt around its ATH. Bulls and bears on the timeline seemingly change opinion day by day.
We remain rangebound, but the set up continues to get better, so I’m hoping for a break to the upside:
The ECB cut rates this week (the Fed won’t be too far behind), BTC ETF inflows came back in force, ETH ETFs are about to launch & Robinhood acquired BitStamp demonstrating a huge commitment to growing their crypto business.
Patience.
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 number crunching
Analysis of potential ETH ETF inflows with bear, base and bull price predictions for end of year.
2. Solana vs ETH Bankless Debate
Good summary of the debate between Solana founder Anatoly & Ethereum researcher Justin Drake.
3. 2024 altcoin performance
Blindly buying new coins on launch really doesn’t work.
4. Onchain Liquidity Games
Interesting write up summarizing the actors playing “onchain liquidity games”.
5. Consensus 2024 takeaways
Summary of the themes from one of the largest annual crypto conferences.
Random protocol update
Sanctum, one of Solana’s largest protocols by TVL, announced their token ($CLOUD) and tokenomics.
Airdrop opportunity
Solv
You can earn yield on your BTC on Solv + Solv points (backed by Binance and they have over 1B in TVL now, so could be an attractive airdrop). They are live across Arbitrum, Merlin and BNB chain.
The SolvBTC Ethena Vault nets you Solv Points + sUSDe yields + Ethena SATS, but there are many options.
You can earn attractive yields with SolvBTC through two methods:
a. Utilizing Solv's Yield Vaults: Deposit your SolvBTC into their Yield Vaults, which provide access to premium yield sources, including BTC Staking, Restaking, and Delta-Neutral Trading Strategies.
b. Exploring DeFi opportunities: By utilizing SolvBTC across diverse DeFi protocols, you can access various yield-generating options and maximize your earnings within the vibrant DeFi ecosystem.
Use this invite code to get started: DA9CVS
alpha_pls tweet of the week
Things happening in June.
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.