Harris Leads Trump on Polymarket, SEC Rejects Solana ETFs, & Bitwise Expands to Europe!

M6 Labs Alpha Bytes 🚨: 20th August

Author

M6 Labs
August 20, 2024

GM anon ☕🐺

In today’s Alpha Bytes👇

Harris leads Trump on Polymarket as DNC begins, though they were tied earlier. Senate insiders claim Harris is considering Gensler for Treasury as DNC skips adding Bitcoin in platform. The SEC rejected Cboe’s 19b-4 filings for Solana ETFs. Bitwise AUM surpasses $4.5B, expands to Europe with ETC group purchase.

BTC $61, 004 (+4.12%), ETH $2, 675 (+1.82%), SOL $147.21 (+3.10%)

Crypto News 📰 

  • Crypto ETPs trading volume plummets 50% as BlackRock surpasses Grayscale

  • Japan’s Metaplanet buys $3.4M more in Bitcoin to total 360 BTC

  • Sundog memecoin on Tron spikes after SunPump platform launch

  • Bitcoin stolen in $238M breach fails to get privacy shield, returned to original address

  • Solana's former Top Decentralized Crypto Exchange faces SEC securities violations

  • Italy's second oldest bank, Banca Sella, to offer Bitcoin trading to over 1.3M customers

  • Democratic National Committee Chair met with Bitcoin miner Marathon, Exec says

  • China classifies crypto transactions as money laundering in update to AML Law

  • Former SEC crypto enforcement chief David Hirsh leaves for private practice

  • Top Democratic Donor breaks from Crypto PACs over $12M pledge to unseat Sen. Sherrod Brown: Report

  • U.S. Elections-Linked Bitcoin options draw nearly $350M in open interest

  • Solana-based UXD Protocol’s DAO is voting on whether to sunset its stablecoin

  • Vitalik Buterin transfers $1.05M in ETH to crypto mixer Railgun

  • NY Judge rejects SEC’s efforts to Stymie Tron’s arguments in ongoing securities suit

  • Hong Kong lawmaker calls for legal framework to regulate DAOs following Mantra’s court case

  • Floki scores major deals with english Premier League teams

  • Base introduces ENS subnames for users, plans fair launch via Dutch auction

  • Politics powers nearly 90% of Polymarket’s trading volume

  • Kaiko believes tokenized treasuries will retain appeal amid expected Fed rate cuts

  • Ex-CEO who caused his bank to fail after falling for crypto scam gets 24 years in prison

  • Coin Center wins right to sue U.S. treasury, IRS again over controversial tax reporting rule

  • Hedge Bitcoin exposure by shorting altcoins during murky market, says analyst

  • Crypto adoption jumps 6.4% in H1’24 on the back of Bitcoin, Ethereum milestones

  • Tether expands USDT to Aptos for low-fee transactions and DeFi boost

  • Bitcoin price could bottom if Trump wins, says Bernstein

  • Cardano drops out of the top 10 cryptocurrencies by market cap ranking

  • Malicious ‘bull checker’ chrome extension found targeting Solana users

  • CryptoPunk bought for record $24M in 2022 resold as Ethereum NFT prices decline

  • Solana sees record outflows as memecoin trading declines while Bitcoin ETFs gain

  • Shaquille O'Neal can't dodge Solana NFT lawsuit, court says

  • Australian securities regulator nabbed more than 600 crypto investment scams in a year

  • Economists defend prediction markets against CFTC ban

Airdrops🪂 

Project Updates 🔥 

Threads 🧵 

Launches 🚀 

Fundraise 💰

Videos 🎥

That's a wrap for today!

Join our smol research channel to share crypto insights and help us empower the crypto community👇

Reply

or to participate.