5 Alpha Tweets - SOL ETF, Why the bottom is in & More
5 Alpha Tweets - SOL ETF, Why the bottom is in & More
Edition 122
Welcome to the alpha please newsletter. I curate five alpha tweets every Friday; that’s it, that’s the newsletter.
gm friends,
June is coming to an end.
Historically when Bitcoin has had a red June it has bounced back in July every single time.
Let’s see if the pattern repeats again.
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. Why VanEck filed for a SOL ETF
The first application for a SOL ETF is in.
2. Bottom is in
Good thread on the overall market with reasons for why new highs are coming.
3. ETH net flows
Analysis of how ETH can get $15B in net flows from ETPs in the first 18 months.
4. AI + crypto
“Web3 isn’t our internet… it will belong to the machines.”
5. How to research crypto
Good framework for researching and understanding crypto.
Random protocol update
cmMETH and COOK land tomorrow.
Quest of the week (brought to you by Layer3)
Zero Network have launched an introductory quest on Layer3. It’s always a good idea to explore test nets, as they have historically been quite rewarding with zero risk.
Also, this is a great place to start with Layer3 if you haven’t used their platform. You will learn a lot by completing quests.
Layer3 also have a token coming soon, which you can qualify for by earning cubes on their platform.
Airdrop opportunity
Mitosis
Putting this in here again, because I think it is one of the better opportunities out there currently.
Mitosis is the first Ecosystem-Owned Liquidity protocol to empower LPs with competitiveness in the highly complex multi-chain DeFi.
If you were looking for another place to earn yield on your ETH, you can deposit eETH (EtherFi’s LRT) across many L2s and net EigenLayer, EtherFi and Mitosis points + L2 incentives.
They have just opened up unlimited deposits. I’ve been farming Mitosis for a while, and am hopeful this might turn into a decent drop as it’s not overfarmed currently.
alpha_pls tweet of the week
I like the recent Solana developments.
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.