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Crypto Alpha, Week 33 2023

All things Crypto, Web3 and Blockchain to keep you updated

TLDR: First Bitcoin ETF Launch in Europe, BTC-ETH ETFs surges in the US, Base See Popularity, INJ 2.0, USDC on Noble, Secret Network and Ethereum Team up and TOKI Bring Stablecoins to Cosmos.

Bitcoin Highlights of the Week

First Bitcoin ETF Launch in Europe

Europe's first Bitcoin ETF, launched by Jacobi Asset Management on Euronext Amsterdam, leads the way in institutional adoption and sustainability.

Contrasting Bitcoin Mining Costs

CoinGecko's report reveals unprofitable Bitcoin mining in Europe due to high electricity costs, highlighting Italy-Lebanon's 783-fold expense gap and igniting debates on low-cost mining opportunities.

Dollar Bonds and Bitcoin

El Salvador's Bitcoin adoption and dollar bond success under President Nayib Bukele showcase innovative financial strategies gaining global attention.

Bitcoin Beach in El Salvador

Bitcoin Beach in El Salvador is teaching over 25,000 students, some as young as 12, about Bitcoin and financial skills, offering underprivileged youth a pathway to economic empowerment.

SEC is likely to approve multiple applications for ETH or BTC-ETH futures exchange-traded funds (ETFs) at the same time. Since July the number of applications has surged.

Ethereum Highlights of the Week

Base Attracts Over 160 mUSD Within Hours

The launch of Coinbase's layer-2 scaling solution, Base, saw an enthusiastic response from the cryptocurrency community where more than $160 million worth of ETH and other assets flowed into Base within hours.

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