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- Crypto Alpha - 18 November 2024
Crypto Alpha - 18 November 2024
Daily Alpha on All Things Crypto, Web3 and Blockchain
TL;DR
RUNE DOG•GO•TO•THE•MOON Is Moonwalking Its Way to Success
Sławomir Mentzen: Bitcoin for the Polish Throne
Marathon Digital: Mining Their Way to Bitcoin Glory
Trump’s Treasury Secretary Casting Call: Round Two
Metaplanet’s Big Bitcoin Play
Robert Kennedy Goes All-In on Bitcoin
Satoshi Action Fund’s Strategic Reserve Blueprint
Fed Rate Cut Odds: 61.9% and Climbing
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Alpha of the Day
RUNE DOG•GO•TO•THE•MOON Is Moonwalking Its Way to Success
Forget blue-chip stocks—meme coins are the real MVPs! RUNE DOG•GO•TO•THE•MOON, with a name as quirky as its rally, has surged beyond $0.008, posting a whopping 23.4% jump in just 24 hours. Is it the future of finance or just another fever dream for degens? Nobody knows, but this pup is certainly barking up the right blockchain. Investors are howling with joy, while skeptics wonder if this is a bubble or just another day in the wild west of crypto. Either way, RUNE DOG is proving that even the underdogs (pun intended) have their day.
Sławomir Mentzen: Bitcoin for the Polish Throne
Move over, central banks—Poland’s presidential hopeful Sławomir Mentzen has a game-changing plan. If elected, he vows to create a Bitcoin strategic reserve for the country. Forget gold; it’s all about digital gold now. This move might just make Poland the ultimate crypto haven, or at least give them serious street cred in the blockchain space. Crypto bros in Warsaw are already lining up to campaign, while boomers scratch their heads wondering what a Satoshi even is. If nothing else, Mentzen is putting Bitcoin on the political map.
Marathon Digital: Mining Their Way to Bitcoin Glory
When it comes to hoarding Bitcoin, Marathon Digital is the undisputed champ. With a jaw-dropping 27,562 BTC in their vault, they’re setting the gold standard for mining companies. Their stash is worth more than the GDP of some small countries, and they’re not stopping anytime soon. While competitors scramble to catch up, Marathon is busy setting records, proving that hard work (and massive mining rigs) pays off. For now, they’re sitting on a Bitcoin throne, daring anyone to challenge their dominance.
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Trump’s Treasury Secretary Casting Call: Round Two
Reality TV star turned president turned possible future president, Donald Trump, is reportedly rethinking his picks for Treasury Secretary. Is this The Apprentice: Treasury Edition? With crypto becoming a hot topic, one can’t help but wonder if a pro-Bitcoin candidate will make the shortlist. Wall Street whispers suggest Trump might pick someone who’s less about gold bars and more about digital wallets. One thing’s for sure: whoever gets the nod better be ready for a wild ride.
Metaplanet’s Big Bitcoin Play
Metaplanet isn’t just dabbling in crypto—they’re diving headfirst. The company recently issued 1.75 billion yen in bonds with a 0.36% interest rate, all to beef up their Bitcoin holdings. It’s a bold move, especially with markets as volatile as a toddler on a sugar high. But hey, fortune favors the brave, right? Metaplanet’s strategy screams, “Go big or go home,” and if Bitcoin continues to rise, this gamble could make them the envy of every hedge fund.
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Robert Kennedy Goes All-In on Bitcoin
In a plot twist that sounds straight out of a Netflix drama, Robert Kennedy revealed he’s put most of his wealth into Bitcoin. No stock diversification, no real estate—just pure, unadulterated BTC. While some call it visionary, others are clutching their pearls at the risk. Kennedy, however, seems unfazed, doubling down on his belief that Bitcoin is the future of finance. Whether he’s a genius or just really lucky remains to be seen, but for now, he’s got the crypto crowd cheering him on.
Satoshi Action Fund’s Strategic Reserve Blueprint
The Satoshi Action Fund has rolled out a new policy model for Bitcoin strategic reserves, and it’s got everyone talking. Think of it as a playbook for governments or institutions looking to add BTC to their coffers. With this move, the Fund is positioning itself as the go-to consultant for all things Bitcoin. Critics might call it ambitious, but advocates argue it’s a necessary step for the crypto ecosystem’s legitimacy. Either way, the Fund is making waves—and probably ruffling a few fiat feathers along the way.
Fed Rate Cut Odds: 61.9% and Climbing
The Federal Reserve’s next big move could be a 25-basis-point rate cut in December, and there’s a 61.9% chance of it happening. For the crypto world, this is like hearing Santa might come early. Lower rates could mean more liquidity, and more liquidity often spells bullish vibes for Bitcoin. Traders are already factoring it into their strategies, while economists debate the long-term impact. Whether you’re a hodler or just along for the ride, all eyes are on Jerome Powell and his next move.
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— WAGMI | Crypto, DeFi & Web3 News (@wagmiglobal_)
8:16 PM • Nov 18, 2024
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