- WAGMI
- Posts
- Crypto Alpha, 8 May 2024
Crypto Alpha, 8 May 2024
Daily Alpha on All Things Crypto, Web3 and Blockchain
TL;DR
US SEC Chairman raises concerns about crypto investor disclosure.
Hong Kong central bank forms group to probe asset tokenization.
FTX creditors to receive compensation ranging from 142% to 118%.
Grayscale's Bitcoin ETF sees consecutive days of inflows.
State-owned German bank enters crypto with blockchain-driven bond.
Colombian bank launches crypto exchange with peso stablecoin.
Revolut unveils UK-focused crypto exchange.
German bank plans blockchain-based digital bond issuance.
Data: 168 asset management firms hold BlackRock IBIT.
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:
All for just $15/month after the trial.
Don't miss out! Get your FREE trial today 👇
Alpha of the Day
SEC Chairman Cautions Crypto Investors
The Chairman of the US SEC is shaking things up in the crypto world, expressing concerns over the lack of proper disclosure for investors diving into the crypto market. With the rapid rise of cryptocurrencies, he warns that many investors might not be getting the full picture before jumping into the digital asset realm. It's like going on a blind date without knowing anything about your date – risky business!
Hong Kong's Exploration into Asset Tokenization
Hong Kong's central bank is putting on its detective hat and forming a group to delve into the world of asset tokenization. It's like they're on a quest to uncover the secrets of the crypto universe and see how they can tokenize traditional assets like real estate or stocks. Who knows, maybe we'll soon be buying digital shares of our favorite burger joint!
FTX Creditors Cash In
Creditors of FTX are in for a treat as they prepare to receive compensation ranging from 142% to 118%. It's like getting a surprise bonus from a side hustle you almost forgot about – talk about a pleasant surprise! This unexpected windfall might just have them dancing to the crypto beat.
Receive weekly Bitcoin summaries with news, insights and analysis on all things Bitcoin, all for free.
Grayscale's ETF Keeps the Cash Flowing
Grayscale's spot Bitcoin ETF is on a roll, enjoying consecutive days of inflows. It's like they've hit the jackpot at the crypto casino, with investors pouring their digital dollars into the ETF like there's no tomorrow. With Bitcoin's wild ride, it seems everyone wants a piece of the action!
German Bank Dives into Crypto Waters
A state-owned German bank is taking a plunge into the cryptocurrency sea, unveiling plans for a new blockchain-driven digital bond. It's like watching your parents join TikTok – unexpected and slightly bewildering, but hey, maybe they'll bring some fresh moves to the dance floor!
Colombian Bank Makes Crypto Waves
A leading Colombian bank is making waves in the crypto world, launching its very own crypto exchange and even introducing a stablecoin pegged to the peso. It's like they've opened the doors to a digital treasure trove, inviting Colombians to dive headfirst into the crypto craze. Who needs traditional banking when you've got crypto convenience?
Behind-the-scenes stories from across the creator economy.
Revolut's Crypto Exchange for Brits
Revolut is bringing a taste of the crypto life to the UK with its dedicated crypto exchange. It's like they're throwing a party for all the Brits eager to dip their toes into the crypto waters. With Revolut leading the charge, it's bound to be a jolly good time in the world of digital assets!
German Bank's Blockchain Bond Bonanza
The German Reconstruction Credit Bank is gearing up to issue digital bonds built on blockchain technology. It's like they're rewriting the playbook for traditional banking, ushering in a new era where blockchain reigns supreme. Who knew bonds could be so cutting-edge?
BlackRock IBIT: A Favorite Among Asset Managers
Data reveals that a whopping 168 asset management firms are currently holding BlackRock IBIT. It's like the cool kid in school that everyone wants to hang out with – except in the world of finance. With so many big players backing BlackRock IBIT, it's clear that this digital asset is making waves in the investment world!
Startup insights, stories, and vibes sent to your inbox every Tuesday.
Other Good Reads
The Crypto Nutshell
Get Smarter About Crypto. Join 60,000+ subscribers and get a newsletter on Crypto News & Expert Predictions all in a nutshell 💪
The Daily Munch
We make business news less boring (in your inbox 3x/week).
Fucked Finance
Join over 100,000+ investors and receive stock tips, news, education, and insider Alpha - straight to your inbox. Every Fucking Day.
Crypto Profit 101
Our Top Crypto Pick Soared 103,913% Last Bull Run! Get our next 6 coin picks with 100X potential for 2024 bull run! Don't miss out this time!
Alpha 12
Crypto newsletter aggregating the most actionable market insights from paid sources.
Let’s Get Rich
Dive into wealth with 'Let's Get Rich': your weekly treasure trove of savvy investment insights, crypto cues, business openings, and cutting-edge AI tools, all crafted to fuel your fortune!
Get Supercharged
⚡️Exceed The Limits ⚡️ You are Joining the #1 Business AI Magazine read by 10,000+ business owners 🥳 As a thank-you gift we send you 10,000+ ChatGPT prompts.
The BRRR
We help you print money. Join the 6,000+ investors staying ahead of the AI and crypto markets.
Invest Like The 1%
Screw Wall Street & take control of you investments! Join thousands of investors who want to learn the strategies of the top 1%.
Crypto Pragmatist
Actionable alpha 3x a week. Join 60,000+ investors and insiders, for FREE
Coinpaper
Coinpaper Digest. 5-min daily web3 news.
The Founder’s Pack
Learn the tools, strategies, and stories of the world's best founders. Every week we share with you the best insights from our interviews with founders like Sam Parr, James Mikrut, and Kathryn Cross. Join 2700+ founders, investors, and startup fanatics for free.
Follow us on X
Daily #Crypto Alpha | May 8 2024 🗞
• The Chairman of the US #SEC voices concerns over inadequate disclosure for crypto investors.
• Hong Kong's central bank initiates a group to investigate asset tokenization.
• Creditors of #FTX will receive compensation… twitter.com/i/web/status/1…
— WAGMI | Crypto, DeFi & Web3 News (@wagmiglobal_)
6:51 AM • May 8, 2024
Check out the Podcast
Listen to crypto founders and our weekly roundup on your favourite podcast platform