• WAGMI
  • Posts
  • Crypto Alpha, 11 May 2024

Crypto Alpha, 11 May 2024

Daily Alpha on All Things Crypto, Web3 and Blockchain

TL;DR

  • Coolpad Group's subsidiary acquires $27.86 million in crypto assets.

  • Apple in talks with OpenAI for ChatGPT integration in iPhone ID.

  • Haina International Group holds Bitcoin ETFs worth US$1.3 billion.

  • US Congress may vote on encryption industry legislation by May-end.

  • Morph secures $300,000 funding from angel platform Echo.

  • Over 20 million EIGEN tokens claimed across 50,000+ addresses.

  • Eigen Foundation opens EIGEN airdrop claims, reserving 8.25% for future distribution.

  • Mark Cuban calls for CFTC regulation of all crypto pre-US election.

  • SEC notes Coinbase's dissatisfaction with inquiry responses.

Join the WAGMI Squad!

Demex airdrop is coming soon, start farming points now

Join the squad to enjoy 20% discount on trading fees while we rally together to bag more Demex Points!

Grab Your 7 Day Free Trial

You're invited to upgrade your subscription to our Premium membership with a 7 day FREE trial!

No catches. No strings attached. Just pure crypto alpha to get you ahead!
Upgrade now for:

Ad-Free Experience 🚫👀
Weekly News Summary 📰🔥
Weekly Market Summary 💸📈
Weekly Airdrop Summary 🎁💎

All for just $15/month after the trial.
Don't miss out! Get your FREE trial today 👇

Alpha of the Day

Crypto Acquisition Madness: Coolpad Group's Crypto Splurge!

A subsidiary of the Coolpad Group has pulled off a major crypto heist, acquiring a whopping $27.86 million in cryptocurrency assets. Whether it's a savvy investment move or a daring crypto adventure, this acquisition adds an intriguing twist to the company's portfolio. With crypto prices always on a rollercoaster ride, one can only wonder what Coolpad has up its sleeve with this bold move.

Siri, Meet ChatGPT: Apple's Next iPhone Innovation?

In the ever-evolving world of tech, Apple is on the brink of a groundbreaking collaboration. Rumor has it that they're nearing a deal with OpenAI to integrate ChatGPT into iPhones for identification purposes. Imagine Siri getting an upgrade with ChatGPT's conversational prowess – your iPhone might become your new best friend, offering witty banter and sage advice whenever you need it.

Bitcoin Billionaires: Haina International Group Strikes Gold!

Haina International Group, a quantitative trading firm, has hit the jackpot in the crypto world. They're now proudly holding Bitcoin ETFs valued at a staggering US$1.3 billion. It's like hitting the jackpot in a game of crypto roulette, except this time, they've bet big and won big. With the crypto market's unpredictable nature, Haina's move is either a stroke of genius or a bold gamble that paid off handsomely.

Receive weekly Bitcoin summaries with news, insights and analysis on all things Bitcoin, all for free.

Congress Takes on Crypto: New Legislation Looming!

Hold onto your wallets – there's buzz in the air about potential new legislation for the encryption industry. The U.S. Congress might cast their vote on these regulatory measures by the end of May. It's like watching a high-stakes poker game unfold, with lawmakers making their bets on how to regulate the ever-expanding crypto universe.

Startup Scoop: Morph Gets a Financial Boost!

Morph, a rising star in the startup scene, just secured a sweet deal. They've landed US$300,000 in funding from the angel investment platform Echo. It's like winning the lottery for startups – this injection of cash could fuel their journey to unicorn status, or at least keep the office coffee machine running for a while longer.

Token Triumph: EIGEN Tokens Take the Crypto World by Storm!

The EIGEN token frenzy continues as over 20 million tokens get snapped up by eager investors. With more than 50,000 addresses in on the action, it's like a digital gold rush sweeping through the crypto landscape. As the token's popularity skyrockets, it's anyone's guess where the EIGEN train will stop next.

Behind-the-scenes stories from across the creator economy.

Airdrop Alert: Eigen Foundation's Generous Gesture!

The Eigen Foundation is making waves in the crypto community with its latest move. They've opened up EIGEN pledge airdrop claims, setting aside 8.25% for future distributions. It's like Christmas came early for crypto enthusiasts – free tokens raining down from the digital heavens, promising a future filled with blockchain bounty.

Cuban's Crypto Call: Mark Cuban's Regulatory Rally!

Mark Cuban, the outspoken billionaire entrepreneur, is making waves once again. This time, he's calling for comprehensive CFTC regulation of 'all crypto' ahead of the U.S. election day. It's like the Wild West of crypto is finally getting some much-needed law and order, courtesy of everyone's favorite Shark Tank star.

SEC vs. Coinbase: Crypto Drama Unfolds!

The SEC is stirring up trouble in the crypto world, raising eyebrows with its latest move. They're asserting Coinbase's dissatisfaction with the response to their inquiries. It's like watching a high-stakes poker game between regulators and crypto giants, with the fate of the digital financial landscape hanging in the balance.

Startup insights, stories, and vibes sent to your inbox every Tuesday.

Other Good Reads

The Crypto Nutshell
Get Smarter About Crypto. Join 60,000+ subscribers and get a newsletter on Crypto News & Expert Predictions all in a nutshell 💪

The Daily Munch
We make business news less boring (in your inbox 3x/week).

Crypto Profit 101
Our Top Crypto Pick Soared 103,913% Last Bull Run! Get our next 6 coin picks with 100X potential for 2024 bull run! Don't miss out this time!

Let’s Get Rich
Dive into wealth with 'Let's Get Rich': your weekly treasure trove of savvy investment insights, crypto cues, business openings, and cutting-edge AI tools, all crafted to fuel your fortune!

Get Supercharged
⚡️Exceed The Limits ⚡️ You are Joining the #1 Business AI Magazine read by 10,000+ business owners 🥳 As a thank-you gift we send you 10,000+ ChatGPT prompts.

The BRRR
We help you print money. Join the 6,000+ investors staying ahead of the AI and crypto markets.

Invest Like The 1%
Screw Wall Street & take control of you investments! Join thousands of investors who want to learn the strategies of the top 1%.

Crypto Pragmatist
Actionable alpha 3x a week. Join 60,000+ investors and insiders, for FREE

The Founder’s Pack
Learn the tools, strategies, and stories of the world's best founders. Every week we share with you the best insights from our interviews with founders like Sam Parr, James Mikrut, and Kathryn Cross. Join 2700+ founders, investors, and startup fanatics for free.

Follow us on X

Check out the Podcast

Listen to crypto founders and our weekly roundup on your favourite podcast platform