• Crypto Pragmatist by M6 Labs
  • Posts
  • Kamala Harris VP Pick Shakes $123M Crypto Betting Pool, Trump Pushes for US Bitcoin Reserves Amid Skepticism, & Starknet Foundation CEO Steps Down!

Kamala Harris VP Pick Shakes $123M Crypto Betting Pool, Trump Pushes for US Bitcoin Reserves Amid Skepticism, & Starknet Foundation CEO Steps Down!

M6 Labs Alpha Bytes 🚨: 7th August

GM anon ☕🐺

In today’s Alpha Bytes👇

Kamala Harris VP Pick Tim Walz upsets $123M Crypto Betting Pool while Senator Warren wants to ban Prediction Markets for Political Events. Trump and Lummis have pushed for US Bitcoin reserves but critics express doubts. Starknet Foundation CEO Diego Oliva steps down.

BTC $56, 692 (+2.23%), ETH $2, 492 (+0.04%), SOL $151.37 (+7.66%) 

Crypto News 📰 

  • Nasdaq asks SEC to approve options trading for BlackRock's new Ethereum Trust

  • Kamala Harris recruits advisors with Binance ties as crypto questions persist

  • Metaplanet wants to raise $70M to bolster Bitcoin holdings

  • Semler Scientific adds another $3M to its Bitcoin treasury

  • US spot Bitcoin ETFs see $148M in net outflows; Ether ETFs log $98M in inflows

  • Vitalik Buterin believes Ethereum Layer-2 networks are close to solving the interoperability problem

  • The Ronin Network bridge, which currently secures over $850M, has been paused while investigating a potential MEV exploit reported by white hats

  • MoonPay experienced its highest Volume Day since April 12th, 2024

  • Bitcoin’s crash wipes out $5B in futures OI but options remain stable

  • Binance thrives during market downturn with record $2B inflows despite India tax probe

  • Trump memecoin DJT falls to nearly zero as dev-linked wallet 'Rugs'

  • Ethereum Layer 2 Turbo claims to process 400k transactions per second

  • ETH staking reaches 27.95% as liquid restaking protocols experience exponential growth

  • Bitcoin weathers most volatile trading day since FTX collapse

  • Post WazirX hack, India's CoinDCX starts investor protection fund with $6M

  • Ripple XRP demand in the US hits pre-SEC lawsuit levels with 14% of global volume

  • Bitcoin and Ethereum ETFs may reduce market volatility, providers say

  • Kiln launches DeFi service for stablecoin rewards, starting with Crypto.com’s web3 wallet users

  • Ubisoft reveals ‘Captain Laserhawk’ game on Ethereum Layer-2 Arbitrum

  • Saylor lauds Bitcoin strategy as catalyst for future economic empires

  • Paris 2024 Olympics venue hit with cyberattack as hackers demand crypto

  • Notcoin leads crypto rebound with 30% jump as Bitcoin, Ethereum regain footing

  • Ark Invest bought $18M worth of Coinbase shares during market slump

  • Venture capital injects $527M into crypto startups in July

  • Crypto Bank Anchorage adds custody for Solana-Based tokens

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.