Daily Alpha and Summary. August 4, 2024
In times like this be confident, don’t get shaken out. Talk to someone, take a break, touch grass, live. We’ve seen worse market conditions than this. If you’re new to the market, do the second sentence if necessary. Bane, a Memecoin, tho I didn't get into it, did a 200x today. There are still opportunities in the market.
Defi
Minted this one with my phantom wallet in anticipation for Eclipse airdrop
Vitalik sold 17.15B $Neiro for 44.53 ETH ($112.5k) after being airdropped token by Dev
State of the market
$366M liquidated from crypto market in past 60mins
Warren buffet has been selling his stocks, now holds $227B in cash
Japan's stock market experiences worst losses since 1987.
One of the biggest military industrial complex stock, Lockheed Martin's stock pumps by 23% in anticipation of a war
Iran vows to attack Israel in response to Isreal’s initial attack
Jump trading is allegedly leaving crypto business after selling $500M ETH since the past 2 weeks
South Korea halts stock selling orders for program trading as bloodbath intensifies
Literally state of the Market
Crypto Og Billionaire, Cobie, believes crypto bull run hasn’t started yet
Sahm rule which signals start of US recession been trigged
