Evan Luthra Alpha
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Welcome to Evan's ALPHA Group! 🚀

It's all about making money and having a good time.

Just a heads-up, it's all in good fun and learning. Nothing said here is a FA.

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Evan Luthra Alpha
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314K subscribers
Evan Luthra Alpha
📢Strategy reduces its Bitcoin holdings by 1,637 BTC worth approximately $102.4 million.

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Evan Luthra Alpha
📢Hashdex will close and liquidate its $14.26M Bitcoin ETF.

➡️Trading is set to end Aug. 17, with cash distributions expected around Aug. 24.

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Evan Luthra Alpha
📢President Trump says the Strait of Hormuz is completely controlled by the United States.

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📢Blockchain Association sends a letter to Senate leaders Thune and Schumer, pushing back point-by-point on the National Sheriffs' Association's claims about the Clarity Act.

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📢Crypto trading volume fell to ~$15B last week, its lowest level of the year and a 70% drop from January's peak, per Kaiko.

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📢Odds of the Clarity Act being signed into law drop to just 27% on Polymarket, down 38 points as traders grow doubtful it happens this year.

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📢Wells Fargo, America's third-largest bank, is launching tokenized deposits for corporate clients.

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📢US Treasury Secretary Bessent says Washington may reach a deal with Iran as soon as tomorrow to reopen the Strait of Hormuz.

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📢Ethereum's staking ratio just hit an all-time high of 34.4%, up from 30% at the start of the year, per Token Terminal.

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📢Fed is no longer projected to raise interest rates next month.

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📢Strategy-linked wallets transferred another 1,030 BTC worth $66.14 million.

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