- WAGMI
- Posts
- Crypto Alpha - 18 October 2024
Crypto Alpha - 18 October 2024
Daily Alpha on All Things Crypto, Web3 and Blockchain
TL;DR
Trump’s chances of winning the presidency hit a record 62.5% on Polymarket.
Worldcoin has rebranded to "World Network" and revealed its ambitious “Orb 2.0” initiative.
Venmo users in the U.S. can now purchase cryptocurrencies through MoonPay.
A CryptoQuant analyst suggested that Tesla’s recent Bitcoin transfer could be linked to compliance, internal audits, or wallet management issues.
The FBI arrested a hacker responsible for breaching the U.S. SEC, which triggered a surge in Bitcoin's price.
The U.S. SEC has filed a lawsuit against THOR co-founder Matthew Moravec.
U.S. Treasury Secretary Yellen once again voiced her concerns over the risks posed by stablecoins.
zkPass, a privacy-focused data verification protocol, raised $12.5 million in Series A funding.
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:
All for just $15/month after the trial.
Don't miss out! Get your FREE trial today 👇
Alpha of the Day
Trump's Polymarket Surge: 62.5% and Counting!
Polymarket just dropped a bombshell—Trump’s chances of winning the presidency have hit an all-time high of 62.5%. This is like betting on a horse that refuses to slow down. Love him or hate him, Trump has managed to stay relevant in the crypto markets, of all places. As his numbers soar, traders are either thrilled or biting their nails. It’s as if the entire presidency is turning into the Super Bowl, but instead of touchdowns, we’ve got trades flying faster than tweets.
Worldcoin Becomes "World Network" with a Sci-Fi Twist
Worldcoin has officially rebranded as "World Network," but they didn’t stop there. Enter the “Orb 2.0” plan, which sounds like something straight out of a dystopian novel. It’s not just a name change, it’s a whole new vibe. They’re planning to revolutionize identification and currency through some seriously futuristic tech. With Orb 2.0 on the horizon, you might start wondering if your next ID photo will be taken by a robot—seriously, they’re making it that high-tech!
Venmo Teams Up with MoonPay for Easy Crypto Buys
Venmo just made buying crypto as easy as sending your friend $10 for that coffee you “forgot” to pay for. Thanks to their new partnership with MoonPay, U.S. users can now grab their favorite digital coins without jumping through hoops. It’s like Venmo finally realized that its millennial user base wants more than just split payments—they want to stack sats. Say goodbye to complicated exchanges, and hello to Venmo, the casual gateway drug for your crypto obsession.
Receive weekly Bitcoin summaries with news, insights and analysis on all things Bitcoin, all for free.
Tesla’s Bitcoin Shuffle: Compliance or Something More?
Why did Tesla move its Bitcoin? That’s the million-dollar (or maybe billion-dollar) question. A CryptoQuant analyst speculates that it could be due to compliance, internal audits, or even wallet management issues. Elon Musk’s silence on the matter just adds to the mystery. It’s like Tesla is playing a game of Bitcoin chess, but no one’s sure whether it's a brilliant strategy or just the latest chapter in Tesla’s crypto rollercoaster. Either way, it’s got the market buzzing.
FBI Nabs Hacker, Bitcoin Spikes in Response
The FBI just arrested a hacker who breached the U.S. SEC, and in true crypto fashion, Bitcoin’s price shot up like it just downed an energy drink. It’s not every day that law enforcement drama spills over into the digital currency world, but here we are. The arrest sent shockwaves through the market, leading to a spike in BTC prices, because apparently nothing makes traders bullish like a good ol’ hacking scandal. Who knew crime and crypto were such a volatile mix?
Behind-the-scenes stories from across the creator economy.
SEC vs. THOR Co-Founder: The Legal Battle Begins
The U.S. SEC has officially sued THOR co-founder Matthew Moravec, making crypto Twitter light up like a Christmas tree. It’s the latest in the SEC’s ongoing quest to regulate the wild west of crypto. The specifics of the lawsuit are still emerging, but it’s clear that the regulators are stepping up their game. Moravec better get ready for a legal showdown, and THOR fans are holding their breath to see how this impacts the future of the project. Drama incoming!
Yellen Doubles Down on Stablecoin Worries
Treasury Secretary Yellen is back at it, raising the alarm on stablecoins once again. She’s got a point—stablecoins might seem stable, but Yellen thinks they’re more like a ticking time bomb for the financial system. Her concerns echo across Wall Street and Main Street, but let’s be honest, the crypto crowd just shrugs and keeps stacking. Yellen’s warnings may sound serious, but for crypto enthusiasts, it’s just another day in the decentralized world of “we don’t care about fiat.”
zkPass Secures $12.5M for Privacy Tech Expansion
Privacy is the new black, and zkPass knows it. This data verification protocol just raised $12.5 million in Series A funding to expand its privacy protection services. With privacy being a hot topic in both crypto and the real world, zkPass is positioning itself as the go-to solution for keeping your data safe. Their focus on blockchain privacy makes them one to watch in the web3 space. After all, who doesn’t love the idea of staying anonymous while still playing in the crypto sandbox?
Startup insights, stories, and vibes sent to your inbox every Tuesday.
Follow us on X
Daily #Crypto Alpha | October 18 2024… x.com/i/web/status/1…
— WAGMI | Crypto, DeFi & Web3 News (@wagmiglobal_)
8:28 AM • Oct 18, 2024
Check out the Podcast
Listen to crypto founders and our weekly roundup on your favourite podcast platform