5 Alpha Tweets - Financial Nihilism, 24/25 Top Signals & More
5 Alpha Tweets - Financial Nihilism, 24/25 Top Signals & More
Edition 108
Welcome to the alpha please newsletter. I curate five alpha tweets every Friday; that’s it, that’s the newsletter.
Gm friends,
BTC made a new ATH of 70k today.
A lot of people called this asset a scam after the FTX implosion.
They called for the death of crypto and said BTC would never make another ATH.
They were all wrong again.
If you stuck it out through the bear market then you deserve everything coming your way.
Your weekly reading:
(*All the screenshots will take you to Twitter if you click.)
1. Financial Nihilism: The Zeitgeist of Young America
Long and fascinating read about how financial Nihilism is a major driver of crypto price action, and will be especially prevalent this cycle.
2. Think differently
A good read about top signals.
3. Public mania & the private markets
Another sprawling thread with very interesting and relevant thoughts for all market participants.
4. Watch the DXY
Interesting BTC observation.
5. Beginner’s Guide to Ordinals
Great Bitcoin Ordinals explainer.
Random protocol update
Wormhole announced their airdrop eligibility checker. Their W token will be dropping soon. Worth checking all of your wallets across different chains.
Airdrop opportunity
Backpack
Backpack have seemingly announced a snapshot deadline for trading on their exchange. This will likely be the first snapshot of many.
They recently raised 17M in their series A, and have one of the best wallets on Solana.
Try the exchange and do a few trades to get your volume up. You might also find you enjoy trading there.
alpha_pls tweet of the week
More detail about W.
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.