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Crypto Alpha, Week 45 2023

All things Crypto, Web3 and Blockchain to keep you updated

TLDR: Microstrategy Expects BTC Demand Doubling Post Halving, Bitstream White Paper, ETH ETF Nasdaq Application from BlackRock, Coinbase Introduce Verifications, WrappedBTC Live on Osmosis, Cosmos SDK Eden Upgrade, Polygon and NEAR Foundation Team Up & Kraken To Launch Own Layer 2 Network.

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Bitcoin Highlights of the Week

MicroStrategy, a prominent player in the bitcoin ecosystem, forecasts Bitcoin demand to double post halving. The main driver behind this forecast lies within the proposed ETF approvals from different institutions bringing crypto to TradFi.

The creator behind BitVM, Robin Linus, has drafted the Bitstream White Paper. Bitstream is a system aimed at reforming the economic structure of file storage by suggesting a usage-based model that rewards server contributions with bitcoin payments.

Grayscale Investments, the crypto asset manager, continue their dialogue with the SEC in order to transform their bitcoin trust into a spot bitcoin ETF.

Bitcoin SV, created following a hard fork from Bitcoin Cash, will be delisted from Coinbase from January 2024 due to various controversies and troublesome cases with Bitcoin SV.

Replacement Cycling Attacks on the Lightning Network

The Lightning Network, a second-layer solution designed to expedite Bitcoin transactions, recently came under scrutiny due to a vulnerability targeting a critical component called Hash Time Locked Contracts (HTLC).

Ethereum Highlights of the Week

BlackRock, the world’s largest asset manager, has filled for a spot Ethereum ETF on Nasdaq. The asset manager has filled a 19b-4 form with the SEC, and the ETF will trade under the name iShares Ethereum Trust.

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