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  • Crypto Alpha, 26 July 2024

Crypto Alpha, 26 July 2024

Daily Alpha on All Things Crypto, Web3 and Blockchain

TL;DR

  • Harris is set to debate Trump on September 10.

  • The Jersey City Pension Fund in New Jersey plans to invest in a Bitcoin ETF.

  • U.S. regulators are seeking information about banks' relationships with fintech companies.

  • BlackRock states that their customers show little interest in cryptocurrencies beyond BTC and ETH.

  • Trump has raised over $4 million in campaign funds through crypto assets like Bitcoin.

  • Independent presidential candidate Kennedy wants U.S. BTC holdings to match the size of U.S. gold reserves.

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Alpha of the Day

Harris vs. Trump: The Debate of the Decade

Get your popcorn ready, folks! Harris is gearing up to go toe-to-toe with Trump on September 10. This political showdown promises more drama than a season finale of your favorite reality TV show. Expect fiery exchanges, sharp retorts, and enough sound bites to fuel Twitter for weeks. Whether you're team Harris or team Trump, this debate is set to be the ultimate showdown in the battle for the White House. Don't forget to mark your calendar and stock up on snacks because this is one debate you won't want to miss!

Jersey City Pension Fund Goes Crypto

In a move that screams, "Hello, future!" the Jersey City Pension Fund in New Jersey is diving into the world of Bitcoin ETFs. Yep, they're trading in traditional investments for a slice of the crypto pie. This bold move has everyone buzzing, from Wall Street to Main Street. Will it pay off? Only time will tell, but one thing's for sure: retirement planning just got a whole lot more exciting. Who knew pensions could be so trendy?

BlackRock: Ethereum ETF? Not Yet, Folks

Hold your horses, Ethereum enthusiasts! BlackRock hasn't started chatting about the pledge for the Ethereum ETF just yet. While the crypto community eagerly awaits any hint of progress, BlackRock seems to be taking its sweet time. Maybe they're just building suspense, or perhaps they have bigger fish to fry. Either way, the Ethereum ETF remains in limbo, much to the chagrin of eager investors everywhere. Stay tuned, because who knows when BlackRock will finally spill the beans.

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Regulators on the Hunt for Bank-Fintech BFFs

U.S. regulators are on a mission to uncover the juicy details of banks' relationships with fintech companies. It's like they're playing detective, but instead of magnifying glasses, they have subpoenas. This information-gathering spree aims to shed light on how these financial powerhouses are teaming up and what it means for consumers. Will they uncover any scandals or just a bunch of boring compliance reports? Either way, the fintech world is on edge, waiting for the next move in this regulatory chess game.

BlackRock's Crypto Customer Conundrum

BlackRock is spilling the tea: their customers are all about BTC and ETH, and the rest of the crypto crew just isn't cutting it. Despite the hype around altcoins, it seems most investors are sticking to the classics. BlackRock's revelation has sparked a debate about the future of lesser-known cryptos. Are they destined to remain in the shadows, or will they someday share the spotlight with Bitcoin and Ethereum? Only time will tell, but for now, it's a BTC and ETH world, and we're just living in it.

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Aave's Proposal: Fee Conversion and Token Buybacks

Aave is shaking things up with a new proposal that suggests enabling fee conversion and repurchasing tokens from the open market. It's like they're saying, "Let's make DeFi even more exciting!" This move could potentially boost the value of Aave's tokens and keep the platform buzzing with activity. Whether you're a DeFi newbie or a seasoned pro, Aave's proposal is worth watching. Will it pass? And if it does, what will it mean for the Aave community? Stay tuned, because things are about to get interesting.

Trump’s Crypto Campaign Cash

Trump has raised over $4 million in campaign funds through crypto assets like Bitcoin. That's right, folks, the former president is embracing the digital revolution to fuel his political ambitions. It's a savvy move that shows he's keeping up with the times, even if some of his policies seem straight out of the '80s. Love him or hate him, you can't deny that Trump's foray into crypto fundraising is a bold and innovative strategy. Will it pay off in the long run? Only the voters can decide.

Kennedy's Bold Bitcoin Vision

Independent presidential candidate Kennedy is dreaming big: he wants U.S. BTC holdings to match the size of U.S. gold reserves. It's a vision that blends old-school wealth with new-age tech, and it's certainly turning heads. Kennedy's proposal has sparked a lively debate about the role of Bitcoin in the national economy. Can digital gold really stand shoulder to shoulder with the real deal? Whether you're a crypto skeptic or a Bitcoin believer, Kennedy's bold vision is sure to get you thinking about the future of money.

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