The 42.5% Signal: Why Novogratz’s CLARITY Act Hype Is the Trade, Not the News
The spread between narrative and reality is the only alpha that matters....
Independent validator client goes live on mainnet
Circulating supply increases by about 2%
Block reward reduced to 3.125 BTC
Block reward halving event
Raises validator limit and account abstraction
92 million ARB released
Improves data availability sampling efficiency
Team and early investor shares released
arbitrage related articles
The spread between narrative and reality is the only alpha that matters....
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Fear
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Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$65,439.7 |
| 1 |
Ethereum
ETH
|
$1,906.01 |
| 1 |
Solana
SOL
|
$78.01 |
| 1 |
BNB Chain
BNB
|
$571.9 |
| 1 |
XRP Ledger
XRP
|
$1.12 |
| 1 |
Dogecoin
DOGE
|
$0.0724 |
| 1 |
Cardano
ADA
|
$0.1717 |
| 1 |
Avalanche
AVAX
|
$6.62 |
| 1 |
Polkadot
DOT
|
$0.8314 |
| 1 |
Chainlink
LINK
|
$8.61 |