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  • Crypto Alpha, 28 June 2024

Crypto Alpha, 28 June 2024

Daily Alpha on All Things Crypto, Web3 and Blockchain

TL;DR

  • The EU crypto sector will face disruptions from the MiCA rules targeting stablecoin activity, starting next week.

  • Algorand has introduced 'LiquidAuth', a decentralized authentication and communication tool.

  • Radiant Capital ($RDNT) is in the final stages of launching v3 and expanding to Base.

  • The Ethereum ETF market is projected to grow explosively and secure $15 billion by 2025.

  • Lisk ($LSK) has announced a community vote from Sep 24 to Oct 1 to decide whether to burn or allocate 100M LSK tokens to the DAO Fund.

  • New York-based blockchain tech company Unicoin is planning a public stock listing.

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Alpha of the Day

EU Crypto Sector Faces MiCA Mayhem

Hold on to your digital wallets, European crypto enthusiasts! The MiCA rules are about to drop, and they’re targeting stablecoin activity like a hawk swooping down on a mouse. Starting next week, expect a regulatory shake-up that could make your head spin. Will it be chaos or just another day in the wild west of crypto? Either way, buckle up, because the EU is tightening the screws, and the crypto sector is in for a wild ride. It’s like they’ve decided to throw a wrench in the works just to see who can keep their cool.

Wen Buys the Cat Kingdom

In a move that probably left many scratching their heads and cats purring in approval, Wen ($WEN) has acquired @ShouldHaveCat, the largest cat page on X. Yes, you heard it right – a crypto project just bought a cat page. It’s the kind of strategic genius that makes you wonder if the future is all about memes and felines. Now, Wen has the purr-fect platform to reach the cat-loving masses, because who doesn’t love a good kitty meme with their blockchain updates?

Worldcoin and Alchemy: A Match Made in Blockchain Heaven

Worldcoin is teaming up with Alchemy to launch the World Chain blockchain. It sounds like something out of a sci-fi movie, but it’s very much real and happening. Think of it as the blockchain equivalent of peanut butter meeting jelly – a combo that just makes sense. With Alchemy’s wizardry and Worldcoin’s ambitions, the World Chain is set to be the next big thing. It’s like they’re building a blockchain empire, one block at a time.

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Manta Network Gets a Boost from BlackRock’s BUIDL Fund

Manta Network ($MANTA) just got a hefty endorsement from the big leagues. BlackRock’s #BUIDL Fund is now backing Manta’s wUSDM, making it clear that this project isn’t just swimming in shallow waters. It’s like Manta just got a shiny new trident from Poseidon himself. This backing not only boosts confidence but also solidifies Manta’s place in the crypto ocean. Prepare for some serious waves, folks.

Algorand's LiquidAuth: Decentralization Meets Security

Algorand has dropped a new tool called 'LiquidAuth,' and it’s all about decentralized authentication and communication. Imagine a world where your passwords aren’t getting phished every other day – that’s the dream Algorand is selling. With LiquidAuth, they’re bringing a splash of security and a tidal wave of innovation. It’s like the Swiss Army knife for blockchain security, ensuring your digital identity stays as safe as a vault.

Radiant Capital’s Big v3 and Base Expansion

Radiant Capital ($RDNT) is on the brink of launching v3 and expanding to Base, and it’s got everyone in the crypto space buzzing. It’s like they’re preparing for the blockchain equivalent of a world tour. With v3, they’re aiming to hit all the right notes, making sure their platform is top-notch. The expansion to Base is just the cherry on top, promising more accessibility and reach. Get ready, because Radiant is about to light up the crypto sky.

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Ethereum ETF Market Set to Explode

The Ethereum ETF market is gearing up for explosive growth, with projections hitting a whopping $15 billion by 2025. It’s like Ethereum just got its rocket fuel, and it’s ready to blast off. ETFs are the new cool kids on the block, and Ethereum is about to become the star quarterback. Investors, take note – this is where the smart money is heading. It’s the kind of growth that makes you want to throw your hat in the ring and join the ride.

Lisk Community Faces a Burning Question

Lisk ($LSK) has put a big decision in the hands of its community – to burn or not to burn 100M LSK tokens, that is the question. From Sep 24 to Oct 1, the community will vote on whether to allocate these tokens to the DAO Fund or send them up in flames. It’s like a crypto version of “Survivor,” and only the fittest decision will survive. Will they choose to empower the DAO or turn up the heat with a massive token burn? Grab your popcorn, because this vote is going to be a thriller.

Unicoin Aims for Public Listing

New York-based blockchain tech company Unicoin is making moves towards a public stock listing, and it’s got everyone buzzing. It’s like watching a startup go from garage band to rockstar overnight. Unicoin is ready to hit the big stage and show the world what it’s made of. With a public listing on the horizon, they’re not just playing the crypto game – they’re rewriting the rules. Stay tuned, because Unicoin is about to make some serious noise.

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