NUGGETS OF ALPHA
ETH outperformed Bitcoin for the second consecutive week
Stock market has been receiving a lot of interest recently driven by tech
Capital continues to flow into the few key growth drivers with the AI revolution narrative
RHODL Ratio continues to climb as BTC transfers from experienced investors to newer market participants
200WMA just pierced the 50WMA for the first time in Bitcoin’s history
Solana experiencing a massive spike in the non-core related commits
Market Cap per Developer for ADA is $23M versus $2M for SOL
Liquidity in the US will be rising again
Fear & Greed indicator has flatlined around neutral
Tether plans to mine Bitcoin in Uruguay using renewable energy
Cathie Woods believes that Tesla is best positioned to benefit from recent AI breakthroughs
Digital asset investment products saw outflows totaling US$39M
Stablecoin market shrinking for 14 consecutive months
Total market capitalization of stablecoins dropped to $130B in May
Canadian households owe more than the entire output of the country's economy
Conference Board Leading Index is signaling an upcoming recession
Just like last week, ETH outperformed Bitcoin. However, this week SOL and XRP performed better than ETH.
Overall, the crypto market leaders were up on the week, with SOL, XRP, and FIL leading the way in deep green.
The stock market has been receiving much interest recently driven by tech. The AI revolution narrative continues to
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