WAGMI
Posts
Crypto Alpha, 27 April 2024

Crypto Alpha, 27 April 2024

Daily Alpha on All Things Crypto, Web3 and Blockchain

April 27, 2024

TL;DR

Renzo unveils first season airdrop on April 30 at 19:00.
Grayscale Report emphasizes tokenization's role in blockchain tech.
Swiss National Bank President cautious about Bitcoin in reserves.
Report predicts stablecoin surge in adoption by 2024.
Pike discloses USDC mining pool breach, 299,000 USDC stolen.
Justin Sun deposits 166 million USDT into Binance in 7 hours.
DTCC restricts crypto as collateral from April 30.
Hong Kong Investment Council permits banks to trade virtual asset spot ETFs.
Fulton Bank acquires Republic First, 1st US bank failure this year.

	Sponsored Crypto Profit 101Helping traditional investors profit from crypto with clear swing trading strategies and regular insights—without the complexity or constant monitoring.

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:

Ad-Free Experience 🚫👀
Weekly News Summary 📰🔥
Weekly Market Summary 💸📈
Weekly Airdrop Summary 🎁💎

All for just $15/month after the trial.
Don't miss out! Get your FREE trial today 👇

Alpha of the Day

Renzo's Seasonal Surprise

Renzo, the master of crypto announcements, has dropped another bombshell! Brace yourselves because the first season airdrop is set to rock the crypto world on April 30 at 19:00. Get your virtual baskets ready to catch those digital goodies falling from the blockchain sky. It's like Halloween but with digital candy, and everyone's invited to the crypto costume party!

Grayscale's Blockchain Revelations

Grayscale's latest report reads like a roadmap to the crypto universe, highlighting tokenization as one of the stellar applications of public blockchain technology. It's like discovering a hidden treasure chest in the vast ocean of cryptocurrencies. With tokenization, everything from real estate to artwork can be represented as digital tokens, making the world a blockchain-powered playground.

Swiss Banker vs. Bitcoin: The Debate Continues

The President of the Swiss National Bank has joined the debate club, expressing reservations about cozying up to Bitcoin in the bank's currency reserves. It's like watching a game of chess between tradition and innovation, with Bitcoin making its move on the financial chessboard. Will it be checkmate for the old guard, or will Bitcoin end up in a stalemate?

Big Desk Energy

Startup insights, stories, and vibes sent to your inbox every Tuesday.

Stablecoins: The Rising Stars

Reports are painting a vivid picture of the future, projecting rapid growth in adoption and market significance for stablecoins in 2024. It's like watching the underdog rise to stardom in a Hollywood blockbuster. Stablecoins, the unsung heroes of the crypto world, are gearing up for their moment in the spotlight, ready to steal the show with their stability and reliability.

Pike's Mining Misfortune

Pike's report has sent shockwaves through the crypto community, detailing a security breach in the USDC mining pool that resulted in the loss of 299,000 USDC. It's like a digital heist straight out of a cyberpunk thriller, leaving miners scratching their heads and tightening their virtual security belts.

Justin Sun's Crypto Cash Splash

In a whirlwind of crypto chaos, Justin Sun has made waves by depositing a staggering 166 million USDT into Binance within the last 7 hours. It's like a high-stakes poker game in the world of digital currencies, where players go all-in with their virtual chips. With Justin Sun at the table, expect the unexpected and hold on tight for the crypto rollercoaster ride.

Creator Spotlight

Behind-the-scenes stories from across the creator economy.

DTCC's Cryptocurrency Collateral Clampdown

DTCC has dropped a bombshell of its own, announcing that companies can no longer use cryptocurrency investment instruments as collateral starting April 30. It's like being told you can't use Monopoly money at a real estate auction—crypto enthusiasts are left wondering what's next in this ever-evolving financial landscape.

Hong Kong Investment Council's Virtual Venture

The Hong Kong Investment Council has greenlit banks to facilitate trading of virtual asset spot ETFs, opening the floodgates for a new wave of crypto investment. It's like being handed a golden ticket to the crypto carnival, where bankers trade suits for digital avatars and traditional finance meets the blockchain revolution.

Fulton Bank's Banking Bust

In a shocking turn of events, Fulton Bank swoops in to acquire Republic First, marking the first bank failure in the United States this year. It's like watching a heavyweight boxing match in the world of finance, where mergers and acquisitions are the knockout blows that shape the industry landscape. With Fulton Bank in the ring, expect some serious financial jabs and hooks.

Follow us on X

Daily #Crypto Alpha | April 27 2024 🗞
- #Renzo announces the launch of the first season airdrop scheduled for April 30 at 19:00.
- #Grayscale Report highlights tokenization as among the numerous applications of public blockchain technology.
- President of the Swiss National… twitter.com/i/web/status/1…
— WAGMI | Crypto, DeFi & Web3 News (@wagmiglobal_)
7:56 AM • Apr 27, 2024

Check out the Podcast

Listen to crypto founders and our weekly roundup on your favourite podcast platform