• WAGMI
  • Posts
  • Crypto Alpha - 15 November 2024

Crypto Alpha - 15 November 2024

Daily Alpha on All Things Crypto, Web3 and Blockchain

TL;DR

  • Pennsylvania’s Bitcoin Balancing Act

  • Tether’s Hadron Collider of Asset Tokenization

  • Gary Gensler’s Last Crypto Dance

  • Trump’s Crypto-Friendly CFTC Vision

  • Gold for Bitcoin? Lummis Says Yes

  • Franklin Templeton Goes Full Ethereum

  • Musk’s DOGE-ified Vision for Efficiency

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

Pennsylvania’s Bitcoin Balancing Act

Pennsylvania lawmakers are spicing up the state's financial portfolio with a proposal to include Bitcoin as a reserve asset on its balance sheet. Imagine a state with BTC in its reserves—talk about hodling with a purpose! This bill could make Pennsylvania the coolest kid in the legislative playground, proving that even governments can embrace digital gold. While the idea might raise eyebrows among gold bugs, it’s a bold move towards modernization. Will this turn the Keystone State into the Bitcoin State? Only time (and legislators) will tell. For now, it’s a step closer to making Satoshi’s vision part of the mainstream economy.

Tether’s Hadron Collider of Asset Tokenization

Tether is taking its innovation game to the next level with Hadron, a platform dedicated to asset tokenization. Think of it as the Amazon Prime of turning real-world assets into digital tokens—fast, efficient, and transformative. Whether it’s real estate, art, or even yachts, Hadron could make trading tokenized assets as easy as buying an NFT. This launch cements Tether’s role as more than just the USDT bigwig. With Hadron, Tether aims to tokenize the un-tokenized, bringing a new level of liquidity and access to traditional assets. Who knew tokenizing your mansion could be just a few clicks away?

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

Gary Gensler’s Last Crypto Dance

SEC Chairman Gary Gensler is making his final push to tighten the screws on crypto regulations. He’s like that professor who assigns homework right before the semester ends. Love him or loathe him, Gensler wants to ensure the U.S. crypto industry doesn’t turn into a regulatory free-for-all. His focus? Clear rules to protect investors while still allowing innovation. The crypto community, however, is split—some are yelling "overreach," while others are sighing in relief at the prospect of clarity. Either way, Gensler’s swan song might shape the U.S. crypto landscape for years to come.

Trump’s Crypto-Friendly CFTC Vision

Donald Trump is on the hunt for a new CFTC chairman, and word on the blockchain is he wants someone who vibes with crypto. It’s a major shift for an industry often caught in regulatory limbo. Trump’s team seems to recognize the growing importance of digital assets and the need for a chair who won’t be allergic to innovation. This move could boost confidence in crypto markets while fostering a more balanced regulatory approach. If successful, Trump’s pick might just make the CFTC the crypto industry’s new best friend—move over SEC, your competition’s here!

Gold for Bitcoin? Lummis Says Yes

U.S. Senator Cynthia Lummis is rewriting the rules of reserve assets by suggesting the Federal Reserve sell its gold to buy Bitcoin. Bold? Definitely. Controversial? Of course. Lummis, a staunch crypto advocate, argues that Bitcoin offers a better hedge against inflation than dusty gold bars. Critics are calling her plan risky, but crypto enthusiasts see it as genius. After all, what’s more futuristic than a reserve asset you can store on a USB drive? Whether or not this idea gets traction, Lummis has sparked a debate about the role of Bitcoin in the modern economy.

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

Franklin Templeton Goes Full Ethereum

Franklin Templeton is giving the nod to blockchain by integrating its $410 million money market fund with Ethereum. That’s right, the century-old investment giant is now dabbling in DeFi territory. This move signals a significant shift in traditional finance, proving that even legacy players can embrace blockchain. By using Ethereum’s network, Franklin Templeton aims to streamline operations and provide more transparency to its investors. It’s like seeing your grandpa join TikTok—unexpected but kind of awesome. Could this pave the way for more big names to jump into crypto waters? Stay tuned.

Musk’s DOGE-ified Vision for Efficiency

Leave it to Elon Musk to turn government efficiency into a meme. During a recent interview, Musk hinted that the "Department of Government Efficiency" (DOGE, naturally) has untapped potential. Whether he’s trolling or brainstorming a real idea is anyone’s guess. But in true Musk fashion, he’s managed to get everyone talking. Could this mean blockchain integration in government systems? Or maybe just more Shiba Inu memes? Either way, Musk’s knack for turning ideas into trends is unmatched. One thing’s for sure: the DOGE department would have no shortage of fans—or investors.

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

Follow us on X

Check out the Podcast

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