DeFI News by Thebittimes.Com

Mosaic Alpha, a decentralized crypto investment platform, has launched the Basket Manager Combine competition aimed at crypto influencers, managers, and investors, as reported to Finbold on Tuesday, April 1. As its name suggests, the event invites participants to create and manage token baskets and potentially win a share of more than $30,000 in rewards.  The Basket Manager Combine competition will run from April 1 to June 30, 2025. Picks for you Robert Kiyosaki’s Q1, 2025 portfolio performance 20 mins ago AI predicts Bitcoin price for April 30, 2025 2 hours ago Ripple just unlocked 500 million XRP 3 hours ...

In recent years, crypto influencers have rebranded ‘newsletter guru’ and ‘trading signals’ communities under a new name: ‘alpha drops.’ These groups of mostly young, male, English-speaking crypto influencers congregate on social media platforms like Discord, Telegram, or WhatsApp to hear so-called leaders flex newfound wealth in an effort to lure followers into buying subscriptions by promising to share their best trades. ‘Alpha’ is a Greek finance term that refers to an asset’s excess return relative to a benchmark index like the S&P 500. It is the idiosyncratic price, isolated from broad, correlated movements of assets. In finance, ‘seeking alpha’ is the goal of non-passive investors, as this measures their success at outperformance. In crypto lingo, ‘alpha drops’ occur when a guru alerts followers about an asset that he believes will outperform the market. Given the high-risk profile of the average altcoin investor, subscribers expect alpha of tens if ...