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- Crypto Alpha, 25 July 2024
Crypto Alpha, 25 July 2024
Daily Alpha on All Things Crypto, Web3 and Blockchain
TL;DR
Bitstamp has started returning crypto assets to Mt. Gox creditors.
Ethereum Rollup deployment platform Caldera has raised $15 million in Series A funding.
Reuters polls indicate Harris has a higher approval rating than Trump, but Polymarket still shows Trump with a significant lead.
Coinbase plans to introduce a tokenized money market fund to venture into the RWA space.
CryptoQuant's founder notes that Kraken's spot Bitcoin trading volume remains normal, indicating no sell-off by Mt. Gox creditors.
Tesla (TSLA.O) shares extended their early losses to a 10% drop.
U.S. Congressman Cynthia Lummis might unveil BTC strategic reserve legislation at the Bitcoin Conference.
Mt. Gox has disbursed payments to over 17,000 creditors using BTC and BCH.
Coinbase is set to list BLOCKLORDS (LRDS).
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Alpha of the Day
Bitstamp to the Rescue: Mt. Gox Creditors Rejoice!
Bitstamp has finally started returning crypto assets to Mt. Gox creditors, and it’s about time! After years of waiting, those poor souls who lost their precious Bitcoin in the 2014 Mt. Gox collapse are now seeing some digital daylight. The crypto exchange is working its magic, sending those long-lost assets back to their rightful owners. It's like a crypto fairy tale with a happy ending, where Cinderella finally gets her glass slipper back, except this slipper is made of Bitcoin. So, if you're one of the lucky creditors, keep an eye on your wallet – your digital fortune is on its way!
Caldera Rakes in the Cash: $15 Million Series A Success!
Ethereum Rollup deployment platform Caldera has just scored a cool $15 million in Series A funding. This round of investment is hotter than a summer in the Sahara! Caldera is on a mission to make Ethereum rollups smoother than a baby’s bottom, and this hefty cash injection will help them scale new heights. With Series A in the bag, Caldera's ready to roll up (pun intended) and revolutionize the Ethereum landscape. So, if you’re into the nitty-gritty of blockchain scalability, keep an eye on these guys – they’re the ones to watch!
Polls vs. Polymarket: Harris vs. Trump Showdown!
According to the latest Reuters polls, Vice President Kamala Harris has a higher approval rating than Donald Trump. But hold your horses – Polymarket still has Trump leading by a mile. It’s like a reality TV show where the plot twists keep you on the edge of your seat. Will Harris’ approval ratings continue to climb, or will Trump’s fan base rally to keep him on top? It’s a political thriller that’s more dramatic than the latest season of "The Bachelorette," and we can’t wait to see how it unfolds!
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Coinbase Goes Tokenized: Money Market Fund Adventure!
Coinbase is about to venture into the RWA (Real World Assets) space with a brand-new tokenized money market fund. This isn’t your grandma’s savings account – it’s the future of finance! By tokenizing money market funds, Coinbase aims to bring the old-school financial world into the 21st century. It's like turning your dusty piggy bank into a sleek digital wallet. So, if you’ve ever dreamed of having your cash work for you in the coolest way possible, Coinbase is making that dream a reality.
No Panic Here: Kraken's Bitcoin Trading Steady as a Rock!
CryptoQuant's founder has assured us that Kraken's spot Bitcoin trading volume is business as usual, with no signs of a Mt. Gox creditor sell-off. It’s a calm sea in the often stormy world of crypto trading. While rumors of panic selling swirled, Kraken’s trading charts tell a different story – steady and solid. So, if you were worried about a sudden Bitcoin flood hitting the market, relax and take a deep breath. Kraken’s got it under control, and the crypto world remains as zen as a yoga retreat.
Tesla (TSLA.O) shares took a nosedive, extending their early losses to a whopping 10% drop. It's like watching a high-speed car chase where the car skids off the road. Elon Musk's electric dream is hitting a few bumps, and investors are feeling the jolt. But hey, if there’s one thing we know about Musk, it’s that he thrives on turning setbacks into comebacks. So, buckle up and stay tuned – this Tesla rollercoaster is far from over!
Behind-the-scenes stories from across the creator economy.
Lummis and the BTC Legislation Bombshell!
U.S. Congressman Cynthia Lummis might drop a legislative bombshell at the Bitcoin Conference by unveiling BTC strategic reserve legislation. It's like a plot twist straight out of a political thriller. If this happens, it could shake up the crypto world more than a caffeine-fueled coder at a hackathon. Lummis has been a vocal Bitcoin supporter, and this move would cement her status as the crypto queen. Get your popcorn ready, folks – this is going to be epic!
Mt. Gox Redemption: 17,000 Creditors Paid in BTC and BCH!
In a move that feels like justice served, Mt. Gox has disbursed payments to over 17,000 creditors using BTC and BCH. After years of waiting, it's finally payday! It's a redemption story that rivals the best Hollywood comebacks. Those who were left high and dry in the 2014 debacle can now breathe a sigh of relief. So, to all the creditors out there, enjoy your digital windfall – you've earned it!
BLOCKLORDS Ready for Prime Time on Coinbase!
Coinbase is set to list BLOCKLORDS (LRDS), bringing another exciting token to its platform. If you’re into blockchain gaming, this is your cue to get excited. BLOCKLORDS combines medieval strategy with the latest in crypto tech – think "Game of Thrones" meets DeFi. With this listing, Coinbase is adding more spice to its already diverse crypto stew. So, gear up, gamers and traders – it’s time to conquer new realms with BLOCKLORDS!
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Daily #Crypto Alpha | July 25 2024
• #Bitstamp has started returning crypto assets to Mt. #Gox creditors.
• #Ethereum Rollup deployment platform #Caldera has raised $15 million in Series A… x.com/i/web/status/1…
— WAGMI | Crypto, DeFi & Web3 News (@wagmiglobal_)
9:12 AM • Jul 25, 2024
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