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Crypto Alpha, Week 37 2023

All things Crypto, Web3 and Blockchain to keep you updated

TLDR: Ethereum Supreme Court, Uniswap Automates Token Fees, Kujira Onboard USDC, MetaMask Snaps, Quasar CL Vaults, opBNB, Polygon to Ditch MATIC & Liquid Staking Module on Cosmos.

This week’s newsletter is sponsored by MarginX:

MarginX is a decentralized perpetual order book exchange that has integrated AMM functionality for order book market making, also known as Automated Limit Orderbook (ALO) market maker for the perpetual market. Users can list, trade, and provide liquidity in any perpetual market, with liquidity providers earning 100% of all trading, liquidation, and funding fees. The liquidity provided by market participants will automatically populate as limit orders on the order book.

Bitcoin Highlights of the Week

Deutsche Bank partner up with Swiss cryptocurrency firm Taurus to offer Bitcoin and crypto custody and other related services to its institutional clients.

Leading data analytics provider Amboss launch Hydro for the Bitcoin Lightning Network (LN), which is a new subscription service to automate liquidity management.

Bitcoin and Wall Street

BTC has transformed from being labeled a "fraud" and a playground for "drug dealers and murderers" by JP Morgan CEO Jamie Dimon to its current status as a legitimate asset embraced by Wall Street and high net-worth clients.

0.074 BTC for $500,000

In a recent Bitcoin transaction, a passionate cryptocurrency enthusiast unintentionally set a new record by paying a staggering 19 BTC as a transaction fee, equivalent to a jaw-dropping $509,563 in US dollars.

The global investment giant filed a regulatory Form S-1 with the U.S. Securities and Exchange Commission (SEC), seeking approval for a spot Bitcoin ETF.

Ethereum Highlights of the Week

Ethereum Supreme Court

Pillars within the Ethereum ecosystem vision a structured network of on-chain courts, serving as impartial arbitrators for escalating disputes. These courts offer an alternative to rigid, hard-coded rules.

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