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  • Crypto Alpha, 8 July 2024

Crypto Alpha, 8 July 2024

Daily Alpha on All Things Crypto, Web3 and Blockchain

TL;DR

  • Tiger Brokers is searching for new coins that meet Hong Kong trading standards.

  • The MicroStrategy founder shared data showing Bitcoin remains the best-performing asset since 2011.

  • ether.fi has opened the Season 2 airdrop collection check.

  • 10x Research predicts Bitcoin will perform well in the short term but isn't a major buying opportunity in the medium term.

  • "When will Bitcoin fall?" reached 11th place on Baidu's hot search list.

  • Pendle increased the hard cap on sUSDe deposits to $400 million in July.

  • Inscription PIZZA FDV has surpassed $100 million.

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Alpha of the Day

Tiger Brokers Goes on a Coin Hunt

Tiger Brokers is on the prowl, hunting for fresh crypto coins that meet Hong Kong’s trading standards. It’s like a scavenger hunt for digital gold, except the prize isn’t just bragging rights but potentially huge trading volumes. They’re not just picking up any shiny token lying around; it has to pass the rigorous standards of Hong Kong’s financial jungle. If they find the right ones, get ready for a wild ride on the crypto tiger!

Bitcoin: The Undisputed Champion Since 2011

The founder of MicroStrategy just dropped some knowledge bombs, revealing that Bitcoin has been the MVP of assets since 2011. While your stock picks might have left you crying into your cereal, Bitcoin has been out here flexing its gains like it’s on a never-ending bull run. Forget your savings account; apparently, the digital gold has been the go-to for anyone looking to actually make some money in the past decade.

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ether.fi’s Season 2 Airdrop Bonanza

ether.fi is back with a bang, opening up the Season 2 airdrop collection check. It's like a crypto version of Oprah’s giveaway show, but instead of cars, you’re getting tokens. Season 1 was just the warm-up; now, the real party starts. If you missed out last time, this is your chance to snag some digital goodies and feel like a crypto VIP.

Bitcoin: Short-Term Gains, Medium-Term Yawn

10x Research has spoken, and they’re saying Bitcoin is looking good for short-term gains but don’t get too excited about the medium term. It's like telling you the appetizer at the party is great, but don’t hold your breath for the main course. So, if you’re in it for the quick wins, keep an eye on Bitcoin, but maybe don’t quit your day job just yet.

When Will Bitcoin Fall? Baidu Users Want to Know

"When will Bitcoin fall?" has skyrocketed to the 11th spot on Baidu's hot search list. It seems like everyone in China is channeling their inner Nostradamus, trying to predict the next crypto crash. Spoiler alert: If anyone actually knew the answer, they'd probably be too busy buying yachts to post on Baidu. But hey, it’s always fun to speculate.

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

Pendle’s sUSDe Deposit Cap Hits New Heights

Pendle just turned up the volume on their sUSDe deposits, cranking the hard cap to a whopping $400 million in July. It's like they’ve opened the floodgates for crypto enthusiasts to pour in their funds. If you’re holding sUSDe and feeling bullish, it’s time to make your move before the cap fills up faster than a popular nightclub on a Friday night.

PIZZA FDV Hits $100 Million: Crypto's Cheesy Success

Inscription PIZZA FDV has just served up a slice of success, surpassing $100 million. This isn’t your average pizza party; it's a celebration of digital dough. Who knew combining crypto with everyone’s favorite food could lead to such a tasty profit? If you’re not already invested, you might want to grab a slice of this action before it’s all gobbled up.

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