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  • Crypto Alpha - 20 December 2024

Crypto Alpha - 20 December 2024

Daily Alpha on All Things Crypto, Web3 and Blockchain

TL;DR

  • ETFs: Your Gateway Drug to Mainstream Crypto

  • ZerePy and a16z: The Dream Team in Open-Source Innovation

  • Mt. Gox Bitcoin Transfer: The $69 Million Mystery

  • WLFI: Trump’s Crypto Gamble Hits a $2.1M Bump

  • Doodles NFTs: From Art to Goldmine Overnight

  • Crypto’s $1.58 Billion Vanishing Act

  • Doodles Founder Sparks Token Speculation

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Alpha of the Day

ETFs: Your Gateway Drug to Mainstream Crypto

The SEC has finally opened the door for Hashdex Nasdaq and Franklin Crypto Index ETFs, giving crypto enthusiasts a reason to pop some digital champagne. With these approvals, dipping your toes into crypto investments might just get as simple as ordering coffee with an app—except this coffee is a little riskier and a lot shinier. While Wall Street embraces these ETFs, it’s not just about accessibility—it’s about giving crypto that “official” nod it’s been craving. So whether you're a Bitcoin maximalist or an altcoin explorer, the ETF boom might just be your next obsession.

ZerePy and a16z: The Dream Team in Open-Source Innovation

Zerebro is teaming up with the tech wizards at a16z to supercharge the ZerePy framework, making open-source the hottest thing since sliced bread. The partnership promises to merge innovation and accessibility, which sounds like a fancy way of saying, "We're making cool stuff, and everyone’s invited." Whether you’re a developer or just someone who likes to sound smart at parties, ZerePy’s evolution will be something to brag about. Let’s just hope they bring some memes along for the ride.

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Mt. Gox Bitcoin Transfer: The $69 Million Mystery

Cue the dramatic music—Mt. Gox is back in the headlines after moving 720 BTC worth nearly $69.87 million. For a platform that’s practically a ghost story in the crypto world, this move has everyone asking, “What’s next?” Is it a payout? Is it a whale flexing? Or is it just crypto being crypto? Whatever the reason, the market is watching, popcorn in hand, to see if this stirs a wave of market FOMO or sends Bitcoin lovers into a panic spiral.

WLFI: Trump’s Crypto Gamble Hits a $2.1M Bump

The Trump family’s WLFI project made waves with its purchase of 8,827 ETH, but the headlines are less about gains and more about its $2.1 million loss. Who knew that crypto could turn even a former president’s venture into a rollercoaster ride? Whether you see this as a bold move or a misstep, it’s a reminder that crypto doesn’t care who you are—it plays by its own rules. Maybe next time, they’ll throw some of that cash into meme coins for the drama factor.

Doodles NFTs: From Art to Goldmine Overnight

In the NFT world, the Doodles collection just pulled off a glow-up for the ages. The Genesis Box spiked over 500% in value in a single day, making early adopters feel like geniuses and the rest of us feel like we missed the bus. It’s not just art anymore; it’s a flex, an investment, and possibly your ticket to Twitter clout. Doodles is proving that even in a market that loves chaos, good vibes and rainbows can still win the day.

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Crypto’s $1.58 Billion Vanishing Act

The first half of 2024 saw crypto thefts hit an eye-watering $1.58 billion, because apparently, hackers can’t resist shiny things either. Whether it’s phishing scams or smart contract exploits, the crypto world continues to play a high-stakes game of cat and mouse. For everyone else, it’s a sobering reminder to double-check those wallet addresses and maybe invest in a hardware wallet. As they say, not your keys, not your crypto—and apparently, not your billions either.

Doodles Founder Sparks Token Speculation

Nothing like a cryptic post to send NFT prices soaring. Doodles’ founder dropped hints about a potential token launch, and the market responded by giving the collection a quick price boost. It’s like whispering “new drop” to a room full of hypebeasts—everyone loses their minds. While the details remain under wraps, one thing is clear: the Doodles community knows how to keep the momentum going. Here’s hoping the token, if it happens, brings as much color as their NFTs.

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