ALPHA:
I’m really excited about Tribe Turbo. Seems like it’s filling a huge need for liquidity and makes DAOs very capital efficient. Check the thread:
MARKET:
The inflation data (CPI) was extraordinarily high, and even caused the White House to issue a statement a day early. This spooked the markets and BTC crashed all the way down to the bottom of the weekly support. This could be viewed as a good buying opportunity, or the hint of more pain to come.
Next up, all eyes are on the Federal Reserve and what they’ll do with interest rates in May.
BTC is following a ‘bear flag’ pattern in this red parallel ascending channel. Weekly support provided a temporary bottom this week.
NEWS:
Coinbase listed some complete jokes of tokens, and there were inside buyers
Tesla continues to combine crypto and energy in a new plan to mine BTC with solar power
Gaming giant Ubisoft has backed White Star Capital’s second crypto-focused venture fund as an anchor investor
Big banks backing stablecoin issuer, Circle
Crypto partnerships for NFL!
Another small raise for Pantera
The Biebs loves crypto:
NFTs:
Meta (Facebook) launching a creator platform, but fleecing its users. A tremendous argument for why Web3 will win:
RUGS:
Leverage unwind for $ICHI. Rari Fuse down bad
POD O’ THE WEEK:
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