A•🌐

The mountain is so hard to climb but the view is so beautiful

[Delphi Digital @Delphi_Digital]

For $100K BTC, our team wanted to take some time to reflect on the first Delphi report ever.

Bitcoin’s price was down ~85% from its highs & the ink on our TradFi resignation letters was still drying.

“The State of Bitcoin”, published in Dec 2018 when $BTC traded at just $3.8K.

[Delphi Digital @Delphi_Digital]

Explore how prediction markets and futarchy harness the general intelligence of markets and why they are two of the most powerful ideas to come out of crypto since Bitcoin and EthereumExplore how prediction markets and futarchy harness the general intelligence of markets and why they are two of the most powerful ideas to come out of crypto since Bitcoin and EthereumExplore how prediction markets and futarchy harness the general intelligence of markets and why they are two of the most powerful ideas to come out of crypto since Bitcoin and EthereumExplore how prediction markets and futarchy harness the general intelligence of markets and why they are two of the most powerful ideas to come out of crypto since Bitcoin and EthereumExplore how prediction markets and futarchy harness the general intelligence of markets and why they are two of the most powerful ideas to come out of crypto since Bitcoin and EthereumExplore how prediction markets and futarchy harness the general intelligence of markets and why they are two of the most powerful ideas to come out of crypto since Bitcoin and Ethereum.

[Delphi Digital @Delphi_Digital]

Everything you need to know about Ai x Crypto:

Short on time? ''DeAI Compressed '' by @PonderingDurian brings you the essential takeaways from the 3 parts of Delphi's DeAI report series.

As always, our Alpha Feed cuts through the noise to deliver concise and pure signal. 👇

[Delphi Digital @Delphi_Digital]

The LST Stack

By inserting itself between current LST providers and end-users, Sanctum's INF token could disrupt the demand-side LST network effects.

Through Infinity, @sanctumso offers a more decentralized and yield-maximizing model within Solana's liquid staking system.

[Delphi Digital @Delphi_Digital]

Mid Year Gaming Review - Funding 🔍

Driven by strong token launches in Q4 2023 & Q1 2024, Web3 gaming funding saw a local peak between January and February.

Since then, monthly funding has stabilized between $60M and $100M, bringing 2024 cumulative funding to $673M.

[Delphi Digital @Delphi_Digital]

Verifiable Compute & Privacy 🔍

Verifiable compute and privacy complement each other, safeguarding data contributors and boosting blockchain capacity.

Privacy prevents data leakage and IP issues, while verifiability ensures the demand side gets exactly what was promised. 👇

[Delphi Digital @Delphi_Digital]

Reads Of The Week 📚

Can't keep track of all the latest developments? Each week, our analysts curate the top reads that capture our attention.

Check out the highlights from Delphi's Reads, this week features ⤵️
https://t.co/wEuF7nMvUj

⚙️ Infrastructure:

🔹 Restaked SVM rollups on Solana

🔹 TEE Attestations Based on Risc Zero ZkVM by
@tolak_eth

🔹 Delphi AF - Magicblock - Ephemeral Rollups on Solana

📈 Macro & Markets:

🔹 Kris Abdelmessih - Life Through a Volatility Lens (S7E10)

🔹 BLS Revisions Lead to Largest Revision (-0.5%) to Employment Level Since 2009

🔹 FED'S POWELL: 'THE TIME HAS COME FOR POLICY TO ADJUST'

🌐 General:

🔹 Narrative mindshare now vs. start of the year By @_kaitoai

🔹 “In Defense of Fundamentals” by @TheiaResearch

🔹 Tether to Develop UAE Dirham-Pegged Stablecoin

🏦 DeFi:

🔹 MagicEden launch token $ME

🔹 Drift Launches Prediction Markets

🔹 Delphi AF - Following Up on Telegram Bots: Crypto's New Cash Cows

Find out what's captivating this week! Check out our curated reads list with links! 👇

[Delphi Digital @Delphi_Digital]

The CEX Listing Effect: Gaming Tokens

Coinbase listing pushed $PIRATE's FDV from $100M to $300M at launch. By July, it hit a $400M ATH before settling around $230M.

$PIRATE ’s case isn’t unique—Day 1 listings on Coinbase or Binance notably impact gaming token performance.👇

[Delphi Digital @Delphi_Digital]

Reads Of The Week 📚

Can't keep track of all the latest developments? Each week, our analysts curate the top reads that capture our attention.

Check out the highlights from Delphi's Reads, this week features ⤵️
https://t.co/B9DMdtCTuV

⚙️ Infrastructure:

🔹 A Short Introduction to DePIN by @heliuslabs

🔹 Scaling Bitcoin in Three Ways and Current Status by @FourPillarsFP

🔹 Delphi Pro - Solana The Modular

📈 Macro & Markets:

🔹 New @CryptoHayes - “Water, Water Every Where”

🔹 Morgan Stanley is now a top 5 IBIT Holder

🔹 Delphi Digital - Market Musings: No Pain, No Gain

🌐 General:

🔹 Devs Continue Migrating to Solana? By @QwQiao

🔹 Apple to Open Payment Chip to Third Parties and Charge Fees

🔹 US Consumer Inflation Expectations Drop

🏦 DeFi:

🔹 Delphi AF - M^0: Rearchitecting The Stablecoin Stack

🔹 PYUSD on Solana Passes Ethereum

🔹 Liquidity Mining: How Deep is Deep Enough? by @atiselsts_eth

Find out what's captivating this week! Check out our curated reads list with links! 👇

[Delphi Digital @Delphi_Digital]

Solana The Modular

Reflecting on our report a year ago, "Solana The Monolith", @solana's modular components continue gaining value across platforms, affecting ETH & BTC.

As rollups promote modularity, Solana is at the forefront.👇

[Delphi Digital @Delphi_Digital]

Reads Of The Week 📚

Can't keep track of all the latest developments? Each week, our analysts curate the top reads that capture our attention.

Check out the highlights from Delphi's Reads, this week features ⤵️
https://t.co/cNRQ8C3TRL

⚙️ Infrastructure:

🔹 Grayscale Launches $SUI & $TAO Investment Trusts

🔹 LIFI Expands to Solana

🔹 Delphi Digital - Beyond The Meme of Parallelization & Solving For State Growth

📈 Macro & Markets:

🔹 Nasdaq & BlackRock File for ETH Options

🔹 Primer on Kamala’s VP Pick Tim Walz

🔹 Delphi Digital - Market Musings: Through The Fire And Flames

🌐 General:

🔹 @variantfund : “Things We’re Excited About in Crypto”

🔹 Part I - Decoding Points Programs: The New Economic Incentives in Crypto (by @threesigmaxyz)

🔹 Cash flows for app tokens: A new model (by @a16zcrypto)

🏦 DeFi:

🔹 Delphi AF - The Evolution of Ethena: Challenges and Emerging Opportunities

🔹 Ethena Solana Launch

🔹 Clever Look ahead Volatility Reduction for AMMs (by @dahlia_malkhi)

Find out what's captivating this week! Check out our curated reads list with links! 👇

[Delphi Digital @Delphi_Digital]

Ever feel like there’s too much chatter? 🗣️

Cut through the noise of CT – Let Delphi’s Alpha Newsletter assist you in curating what matters! 👀

(you wouldn't just walk past "Delos", our Delphi Droid, without a GM, would you? 🤖)

[Delphi Digital @Delphi_Digital]

Seizing the Means of Production

As data & compute reshape the AI economy, reducing labor's value to benefit a few, DeAI offers a vision where individuals are key, competing to create superior data and networks that power dominant intelligences.

Let's Unveil Key Takeaways👇🧵

[Delphi Digital @Delphi_Digital]

Orange Man Likes Orange Coin 🧡

Over the past few months, Trump has gradually shifted his stance on crypto moving from skepticism to pro-crypto.

Eventually, his support became more overt and policy-oriented 👇

[Delphi Digital @Delphi_Digital]

Wading Through The Noise

Entering 2023, we said the worst of the bear market was behind us.

Last summer, we proclaimed the early innings of a new cycle.

Heading into 2024, we said several key catalysts were aligning for a strong Q1 (i.e. favorable global liquidity conditions, spot ETF launches, hype surrounding Bitcoin halving).

But our outlook wasn’t all roses – we noted each of these major catalysts could lose steam right around the same time in late Q1/early Q2.

We emphasized, “This is where the greatest likelihood for a pullback/consolidation lies in our view.”

So far, this is exactly what we’ve seen transpire.

The big question now is – where do we head from here?

[Delphi Digital @Delphi_Digital]

Boomers Slurping The Dip 🧃

With nearly $14.6B in net ETF inflows YTD, $BTC spot ETFs have been a huge success.

And despite BTC's latest price drop, inflows have remained positive. Recent inflows exceeded $200M, with FBTC & IBIT leading the pack. Are boomers our saviors?👇

[Delphi Digital @Delphi_Digital]

Do Airdrops Hurt More Than They Help?

At their best, airdrops decentralize the protocol, reward early users, and solidify a community. At their worst, airdrops alienate users, curb hard-earned momentum, and leak massive value to sybils.

An excerpt from our latest deep dive 👇

[J-Philippe Hidalgo @jeanphihidalgo]

Bots et manipulations : comment le Kremlin fait campagne pour faire élire le RN:
Ces derniers mois la popularité de Bardella a explosé, bien plus que ses opposants !
On nous vend Bardella comme un phénomène de TikTok,ça été aidé par des bots, qui propulsent Bardella sur TikTok!

[Lord Empereur Sam L'Infame 🇶🇦 @samblankok]

Le graphique est HILARANT donc les plus aisées étaient prêt a payer davantage pour aider le pays

Mais c'est les smicard ceux qui auraient bénéficier en 1er de cette politique qui se sont sacrifiés pour les protéger

Ont a atteint un nouveau stade du syndrome de Stockholm la

[Delphi Digital @Delphi_Digital]

Getting Mantle with Native Yields

Discover @0xmantle, a modular Layer2 solution on the OP stack that strives to be the top native yield chain, enabling easy yield generation, capital efficiency, and strategic ecosystem building.

Let's unpack their strategy and intricacies!🧵