5 Alpha Tweets - When Might Bitcoin Bottom? Chainlink Economics 2.0 & More

Edition 41

Welcome to the alpha please newsletter. I curate five alpha tweets every Friday; that’s it, that’s the newsletter.

Hell of a week. CPI, hacks, horses (only in crypto).

As always, we will continue to try and skate to where the puck is going.

Your weekly reads below.

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1. When might Bitcoin bottom?

Jamie’s excellent analysis explores global liquidity data and trends that might tell us how close we are to a Bitcoin cycle bottom.

Jamie Coutts CMT @Jamie1Coutts

The Bitcoin monetary network, ambivalent to the machinations of central bank policy, continues to grow stronger by the day. But with macro driving the marginal buyer of all risk assets lets explore the subtle global liquidity cues which will could forewarn of a cycle low 🧵

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2. Why the U.S dollar reigns supreme

The U.S dollar is so damn strong and there’s no escaping it. Here’s why:

Concoda 🥷 @concodanomics

The U.S dollar is wreaking havoc globally, and it's only just starting to pick up momentum. You'd have thought by now that other nations would have bailed from its hegemony. But in reality, there's no way out... 1/

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3. Chainlink Economics 2.0

A clear breakdown of how LINK is evolving to capture value. No one does it better than CLG.

ChainLinkGod.eth @ChainLinkGod

1/ What is #Chainlink Economics 2.0? - Increasing network revenue - Reducing operating costs - Cryptoeconomic security via staking In this 🧵 I’ll break down how $LINK is rapidly evolving to become a productive asset that captures real value

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4. 10 talks from Devcon

A collection of the great talks that occurred at Devcon this week in Bogata. If you want to know where Ethereum is heading then listen to the devs.

Deva the Devcon Unicorn @EFDevcon

1/11 Ready to relive #Devcon Day 1? Us too. 🦄 Check out this collection of talks from the day in the thread below. 🧵👇

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5. The dream of account abstraction

What is account abstraction? Why is it so important? And why is it so difficult to introduce to ETH layer 1?

Argent @argentHQ

Vitalik says that Account Abstraction is “something we’ve always wanted” and that it has “for a long time been a dream of the Ethereum developer community” But why have attempts to introduce AA to Ethereum L1 struggled to be implemented? Let us explain…

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@alpha_pls tweet of the week

Arbitrum is doing rather well.

Aylo @alpha_pls

It's been a rough few months for crypto. But one chain is doing quite well despite the bear. A 🧵 on @arbitrum

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And that’s your alpha.

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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. Do your own research.

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