• WAGMI
  • Posts
  • Crypto Alpha, 1 September 2024

Crypto Alpha, 1 September 2024

Daily Alpha on All Things Crypto, Web3 and Blockchain

TL;DR

  • DOGS is introducing two new token claim options to alleviate network congestion and speed up transactions.

  • The U.S. Department of Justice has charged Geoffrey K. Auyeung in connection with a $64 million cryptocurrency money laundering operation.

  • Since October 30, 2023, Bitcoin has been trading at a premium in South Korea.

  • Justin Sun will soon reveal the plan for the destruction of the SUN token.

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:

Ad-Free Experience šŸš«šŸ‘€
Weekly News Summary šŸ“°šŸ”„
Weekly Market Summary šŸ’øšŸ“ˆ
Weekly Airdrop Summary šŸŽšŸ’Ž

All for just $15/month after the trial.
Don't miss out! Get your FREE trial today šŸ‘‡

Alpha of the Day

DOGS Token Claims: Faster and Less Chaotic

In an attempt to make the crypto world a little less chaotic, DOGS is rolling out two new token claim options. If you've ever felt like you were stuck in rush hour traffic while trying to claim your tokens, this one's for you. These new options are designed to ease the load on the network and speed up the entire process, so you can finally get your hands on those precious tokens without the stress. Think of it as a VIP pass that lets you skip the lineā€”because who has time to wait?

Geoffrey K. Auyeung and the $64 Million Crypto Laundromat

In a plot twist that could be straight out of a heist movie, the U.S. Department of Justice has charged Geoffrey K. Auyeung with running a $64 million cryptocurrency money laundering scheme. If you thought laundering money was old school, think again. Geoffrey took it digital, proving that crime really does payā€”until it doesnā€™t. Now, instead of swimming in a pool of Bitcoin, heā€™s facing the long arm of the law. Looks like this crypto caper has reached its final chapter.

Receive weekly Bitcoin summaries with news, insights and analysis on all things Bitcoin, all for free.

ETFs: Whereā€™s the Trading Volume?

If youā€™re expecting spot Ethereum and Bitcoin ETFs to be as lively as your favorite CEX, think again. Analysis shows that the trading volume ratio between these ETFs is much lower compared to the action happening on centralized exchanges. Itā€™s like comparing a quiet afternoon tea to a wild night at the club. The ETFs just arenā€™t bringing the same energy, and it seems investors are still partying elsewhere. Maybe these ETFs need a little more hypeā€”or maybe the quiet life isnā€™t so bad after all.

South Koreaā€™s Bitcoin Premium: The October Surge

Since October 30, 2023, Bitcoin has been living its best life in South Korea, trading at a premium. If Bitcoin were a celebrity, this would be its red carpet moment. While the rest of the world watches from the sidelines, South Korea is throwing extra won at Bitcoin like itā€™s the hottest ticket in town. Whether itā€™s market dynamics or just pure FOMO, the premium is real, and Bitcoin is soaking up the spotlight in the land of K-pop and kimchi.

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

Uniswap Foundation: $2 Million for Mother Earth

The Uniswap Foundation is putting its money where its mouth is, and Mother Earth should be proud. In their latest ecological impact report, theyā€™ve allocated over $2 million to four research-focused projects. Itā€™s like a love letter to the planet, written in crypto. From sustainability to innovation, these projects are set to make wavesā€”or at least ripplesā€”in the ecosystem. Uniswap is proving that crypto isnā€™t just about profits; itā€™s also about making a positive impact.

Justin Sunā€™s SUN Token Burn: Incoming Heat

Justin Sun is about to turn up the heat with his upcoming SUN token destruction plan. While most people are busy hoarding tokens, Justin is planning to torch some of his own. The details are still under wraps, but you can bet itā€™s going to be dramatic. This token burn could reduce supply and possibly give SUN holders something to cheer about. Stay tuned, because when Justin says ā€œburn,ā€ you know things are about to get litā€”literally.

Startup insights, stories, and vibes sent to your inbox every Tuesday.

Follow us on X

Check out the Podcast

Listen to crypto founders and our weekly roundup on your favourite podcast platform