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  • Crypto Alpha, 21 June 2024

Crypto Alpha, 21 June 2024

Daily Alpha on All Things Crypto, Web3 and Blockchain

TL;DR

  • Lista DAO airdrop applications are open, and it will soon be listed on Binance.

  • PwC: FTX clients may receive 119 to 143 cents per dollar in claims.

  • MicroStrategy bought 11,931 BTC at an average of $65,883 per coin.

  • Martin Shkreli claims Barron Trump has the private key for DJT tokens.

  • 238,000 Americans filed for unemployment benefits last week.

  • AGIX and OCEAN will be converted to FET and then ASI tokens on July 1.

  • LayerZero's “Proof of Donation” requires a $0.10 donation to claim each ZRO.

  • BlackRock warns high interest rates may hurt Bitcoin and the crypto market.

  • Singapore labels digital payment tokens as high-risk for anti-money laundering.

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Alpha of the Day

Lista DAO Airdrop: Get Your Tokens and Binance Listing Soon

The buzz is real, folks! Lista DAO has just opened up applications for its highly anticipated airdrop, and the cherry on top? It’s going to be listed on Binance soon. Imagine the FOMO if you miss out on this one. It’s like getting free pizza and then being told you can sell your leftovers for cash at the hottest new restaurant in town. Apply now, because these tokens are going to fly faster than a meme stock on Reddit.

PwC: FTX Clients Might Strike Gold with 119 to 143 Cents per Dollar

In a twist of fate that sounds almost too good to be true, PwC says FTX clients could get back between 119 to 143 cents on the dollar. That's like losing your wallet at a party and finding it the next morning with extra cash in it. While it's still unfolding, former FTX users might just experience the financial version of a miracle recovery. Grab your popcorn, because this bankruptcy saga just got a lot juicier.

MicroStrategy Buys 11,931 BTC: Because Why Not?

MicroStrategy is at it again, folks. They’ve just bought another 11,931 BTC, averaging $65,883 per coin. It’s like Michael Saylor is on a mission to collect Bitcoin like some people collect vintage vinyl records. With a shopping spree like that, he’s clearly all in on crypto, making us wonder if he’s planning to wallpaper his office with Bitcoin certificates. Either way, it’s a bold move that’s got everyone talking.

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Martin Shkreli’s Wild Claim: Barron Trump and the DJT Tokens

Just when you thought Martin Shkreli couldn’t get any weirder, he drops this bombshell: Barron Trump supposedly holds the private key for DJT tokens. This is the crypto gossip equivalent of claiming Bigfoot owns a stake in Dogecoin. Whether it’s true or just another bizarre twist in the Shkreli saga, it’s certainly making waves. Keep your tinfoil hats handy, folks, this one’s a doozy.

238,000 New Unemployment Claims: The Weekly Economic Rollercoaster

Last week, 238,000 Americans filed for unemployment benefits for the first time. It’s like the economy decided to play a game of musical chairs, and a lot of people ended up without a seat. While it’s a slight increase, it’s a reminder that the job market is still on a wild ride. Let’s hope the next round of economic musical chairs has a happier ending.

AGIX and OCEAN Tokens Morphing into FET and ASI

Big changes are coming for AGIX and OCEAN holders as they prepare to morph into FET and then ASI tokens on July 1. Think of it as a digital token makeover, like a reality show for your crypto portfolio. If you’ve got these tokens, mark your calendar and get ready for the transformation. It’s a blockchain beauty contest, and everyone’s invited.

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LayerZero’s “Proof of Donation”: Crypto for a Cause

LayerZero has rolled out a new “Proof of Donation” mechanism that’s part charity, part token claim. Users need to donate $0.10 in USDC, USDT, or native ETH to snag each ZRO. It’s like paying a cover charge for the coolest crypto club in town, and your entry fee goes to a good cause. Who knew donating pocket change could be this trendy?

BlackRock’s Bitcoin Blues: High Rates, Low Prices

BlackRock has dropped a truth bomb: prolonged high interest rates could put a damper on Bitcoin prices and the broader crypto market. It’s like telling a kid their summer vacation might be canceled. For Bitcoin bulls, this isn’t the best news, but hey, at least they’re keeping it real. Buckle up, because the crypto coaster is in for a bumpy ride.

Singapore’s Crypto Crackdown: High-Risk Tokens on Watch

Singapore has officially classified digital payment tokens as high-risk for anti-money laundering efforts. It’s like putting up a “Caution: Slippery When Wet” sign on the crypto pool deck. This move signals that the city-state is not messing around when it comes to keeping its financial system clean. Crypto traders, take note: the lifeguards are on duty.

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