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Pranksy, Crypto, Debridge, Mayan, Runestones, Ordinal625

This newsletter is proudly sponsored by Alphabot Premium the premier community for WEB3.

Alphabot Premium the premier community for WEB3

Welcome aboard to Edition 021 of alphaTLDR! We're excited to have you join us for another edition filled with captivating highlights from the crypto world. This week's lineup features intriguing insights into Pranksy, Crypto, Debridge, and Mayan, as well as an introduction to a new meme coin named 'Dog'. Additionally, we're thrilled to announce a competition courtesy of our friends at Ordinal625, adding an extra layer of excitement to this edition. So sit back, relax, and let's dive into the latest news and developments together!

👀 WHAT’S THE META.. 👀

GM, GA, or GN wherever you may be.

Want to stay ahead of the curve? Don't worry we got you. The market has been brewing, here's what's currently happening:

Users are at risk of attacks due to a 'high-risk' vulnerability discovered in Telegram.

Source: Cointelegraph

Key takeaway: A recent report from CertiK, a blockchain security firm, has revealed a significant vulnerability in the Telegram messenger. This vulnerability leaves users susceptible to malicious attacks via specifically designed media files, including images or videos. Read More »

Bitcoin ETF inflows reverse course, turning negative once more, while Grayscale experiences outflows exceeding $300 million.

Source: CryptoNews

Key takeaway: After four consecutive days of inflows, spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States witnessed a change in investor sentiment, with net outflows. The primary factor behind this reversal was the GBTC spot ETF by Grayscale, which saw a single-day net outflow exceeding $303 million. Read More »

A meme coin named 'Dog' will be distributed via airdrop to holders of Bitcoin Runes.

Source: Decrypt

Key takeaway: After a successful airdrop last March, the Runestone project is preparing for its upcoming airdrop, showcasing an adorable puppy theme. Bitcoin wallets that received Runestones during the previous airdrop will receive three meme coins during the Dog airdrop later this month, provided they still possess those Runestone inscriptions at the time of distribution. Read More »

Dubai issues Crypto.com full VASP license

Source: Crypto. News

Key takeaway: Dubai’s Virtual Assets Regulatory Authority has issued a Virtual Asset Service Provider license to Crypto.com, enabling the crypto exchange to cater to institutional investors within the emirate. Read More »

Ordinal625: The spirit miners awaken from their slumber. Their purpose: safeguarding the dwindling output of new bitcoins, occurring once every four years. Amidst the enigmatic landscape of Ordinal625, they gather to make their valiant stand against the tides of uncertainty.

Thanks to our frens over at @Ordinal625 we have 20 FCFS PRESALE WL spots up for grabs. Click Here »

🔮 NFT EVENTS & DROPS 🔮

So many mints, so little time. Don't worry Mani's got you covered. Eight gems to keep an eye on this coming week.

  1. @co_museum

    Our Art. Our Culture. Our Museum. Backed by @AnimocaVentures

    Mint: 10th Apr

  2. @Dew_HQ

    The #1 NFT Aggregator @0xPolygon. Backed by Polygon and Circle

    Mint: 11th Apr

  3. @BitcoinSlime

    Are you ready to own a SLIME🦠?

    Mint: 13th Apr

  4. @MofuMofuMC

    It's about Mofu-ing time...

    The world is against us, restricting music and creativity. Seize this moment to rebel and manifest your unique expression!

    Mint: 12th Apr

🪙 CRYPTO DIGEST 🪙

This past week, Bitcoin briefly lost ground, falling below the previous all-time high (ATH) from 2021, before rallying back above this crucial threshold as the week closed. The recovery continued into this week, with BTC starting strong and surpassing the April open. This level will be crucial to watch in the coming days and weeks. Maintaining support above the April open and the 2021 ATH could signal the beginning of an expansive phase leading to continued price discovery for Bitcoin. Conversely, failure to uphold these levels could result in further consolidation or corrections.

BTC Dominance also played a significant role, achieving its highest weekly close recently without surpassing range highs. This development hints at a pivotal moment for the crypto market cycle. A rise in BTC Dominance toward 57% or higher could indicate a peak for this cycle, potentially setting the stage for the broader altcoin market to begin outperforming Bitcoin. Alternatively, a decisive break in BTC Dominance's current uptrend might suggest that an altcoin season is imminent, with broader market participation likely to increase.

ETH/BTC has faced challenges, posting its lowest weekly close of the current cycle, yet has currently held above its cycle lows. The behaviour of ETH/BTC around the 0.0508 mark—established as a range low in October 2023—will be critical. A shift to treating this level as support could signal a deviation from the range and a phase where Ethereum might outperform Bitcoin. However, failure to sustain this support might lead to a downward expansion, potentially marking a "depression phase" for ETH/BTC.

The upcoming Consumer Price Index (CPI) release on Wednesday is poised to be a significant market mover. Market anticipations suggest a possible sell-off on Tuesday evening in anticipation of the CPI data. A hotter-than-expected CPI could extend the sell-off, whereas a report within or slightly better than expectations might allow for a swift market recovery and continuation of the bullish trend observed over the past year. Additionally, the rising prices of gold, setting new all-time highs amidst global economic uncertainties and regional tensions, have traditionally signalled a risk-off mood in broader markets, further complicating the economic landscape.

🤑 AIRDROPS 🤑

As we recently saw with Wormhole, cross-chain interoperability is often valued in the space.

Did you know there is a cross-chain bridge platform that is currently severely under-farmed?

Debridge is a fast, cheap and easy bridge platform that can be used to bridge between numerous blockchains such as Ethereum, Solana, Binance and more. They recently released a point system which in most cases means that there is an airdrop on the way.

Other airdrops I’m looking at…

Mayan Finance is also another bridge platform that is backed and powered by Wormhole. It is also fast & easy to use.

My strategy with bridges is to bridge once or twice a week between the chains with the lowest gas fees (Solana, Base, Polygon) with consistency. If you want to farm on multiple wallets make sure that you don’t sybil your wallets & also make sure not to spam transactions as this could be flagged as bot activity.

📜 FOR THE CULTURE 📜
Pranksy: A Trailblazer in the NFT World

Pranksy, an enigmatic figure in the NFT space, began his journey in 2017 after a friend introduced him to the viral phenomenon of CryptoKitties. Starting with a modest investment, Pranksy quickly immersed himself in the world of NFTs, building a collection that would eventually become one of the largest in the world. His approach to collecting is strategic, often investing heavily in projects pre-launch and using NFT 'flipping' as a second source of income. Despite the ups and downs of the market, Pranksy's collection has remained a testament to his keen eye for valuable NFTs.

Beyond his personal success, Pranksy has become a beacon of positivity and influence in the NFT community. He has used his resources to support charitable initiatives, including the Blue Dragon's Children Foundation, which helps vulnerable children and victims of human trafficking. His philanthropic efforts have not only made a tangible impact but have also inspired others in the community to use NFTs for social good.

Pranksy's influence extends beyond his charitable endeavors. He has become a role model for many in the NFT space, demonstrating how strategic investments and a thoughtful approach to collecting can lead to success. His transparency and willingness to share his journey have helped newcomers navigate the complex world of NFTs, making him a respected figure in the Web3 ecosystem.

Pranksy's impact on the NFT world cannot be overstated. Through his collecting, philanthropy, and influence, he has not only shaped the market but has also set a standard for how NFT enthusiasts can use their passion for positive change.

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