- The Phenom Crypto Letter
- Posts
- Unraveling the Crypto Week: BlockBuzz Insights
Unraveling the Crypto Week: BlockBuzz Insights
#1 Source for the Latest Trends and Alpha
will stauner
September 28, 2023
The Phenom Weekly Update
Welcome to the Phenom Crypto Update, your all-in-one source for staying ahead of the curve in the world of cryptocurrencies. We bring you the latest news, cutting-edge trends, and exclusive alpha alerts from the dynamic world of digital currencies curated by our elite Phenom Analysts.
Subscribe for free
Hey Phenoms,
This week we are introducing a new section called BlockBuzz - unpacking the weeks crypto headlines in rapid-fire bullet points. Let us know what you think of it in the poll at the bottom of the page.
Market Rundown
BlockBuzz™️
Quick Hitters from the week
Ethereum races to $10B revenue in 7.5 years, leaving Facebook & Microsoft in the dust.
Pudgy Penguins strut into 2,000 Walmart stores.
Bitboy Crypto out on bail after "loitering" & "simple assault" charges; $2,600 bond.
SEC delays ARK 21Shares Bitcoin ETF verdict to 2024, maxing out extension time.
Bipartisan lawmakers push SEC's Gensler for spot bitcoin ETFs ASAP.
AirBit Club co-founder jailed for 12 years over $100M crypto scam.
UAE shines as a crypto champion in Chainalysis report.
MoneyGram bridges crypto and fiat with a USDC non-custodial wallet.
Circle drops euro stablecoin on Stellar.
Mixin Network dangles $20M bounty post $200M hack.
Bitwise beefs up Bitcoin ETF application, but SEC approval remains dicey.
Bitcoin Ordinals creator introduces Rune, a revamped token protocol.
Taiwan's FSC tightens crypto rules; local exchanges band together.
Alchemy snaps up Satsuma; rebrands to Alchemy Subgraphs.
OKX flaunts $11.2B assets in 11th Proof of Reserves Report.
Gemini pumps $24M into its Gurgaon hub in India.
Kraken bags EU E-Money License, eyes European growth.
Binance hands over Russian operations to CommEX amid compliance woes.
US sanctions Ethereum wallet linked to cartel; $740K Binance deposits tracked.
Phenom Alpha
Update on Alchemy Pay
A couple months ago we sent a report on Alchemy Pay and recommended it has a buy to our Premium Subscribers.
ACH has a strong business development team, a strong use case and revenue model. (see more in our premium report)
Last week they joined Coinbase and Block in being licensed in the US as a money transmitter.
The Twitterverse
A collection of the most interesting stuff on Crypto Twitter this week
JUST IN: 🇺🇸 US Congressman slams SEC Chair Gary Gensler for attacking crypto.
— Watcher.Guru (@WatcherGuru)
4:36 PM • Sep 27, 2023
Everyone is excited about the $BTC ETF filing debacle that's going on. It's great for #cryptocurrency it really is. We have Banks, Billionaires and Countries all trying to jump into the teeny paddling pool that is $BTC. And if Blackrock, Fidelity and Vanguard are getting into it,… twitter.com/i/web/status/1…
— siamkidd (@SiamKidd)
4:05 PM • Sep 27, 2023
This whale went from $12k to $28 million in just 300 days.
He successfully profited from practically every trendy token.
Let's examine his trades and uncover his strategy 👇🧵
— 𝗰𝘆𝗰𝗹𝗼𝗽 (@nobrainflip)
11:40 AM • Sep 27, 2023
I cross-examined @SECGov Chair Gary Gensler about the term 'investment contract', which is key to determining his authority over crypto.
Gensler struggled to answer basic questions like whether an investment contract requires a contract. His evasions are deafening and damning.
— Rep. Ritchie Torres (@RepRitchie)
7:37 PM • Sep 27, 2023
Here is my (incomplete) break down of Ethereum Supply - Even the ETH token is distributed
— Eth Wave 🦇🔊🌊 (@TrueWaveBreak)
6:01 PM • Sep 26, 2023
Phenom News
Stay up to date with the latest news and trends
You made it to the bottom. That’s awesome. If you enjoyed reading the letter please do us a favor and give us some feedback or share it with your friends. It helps us keep bringing you great content every week!
Closing the ledger for now, but the crypto revolution continues. Stay curious, stay bold, and keep chasing those blockchain gains!
Did you like this weeks letter?This helps us refine our topics and bring you more of what you love! Respond to this email if you have any suggestions! |
Forwarded this email and enjoyed it?
Wondering where your friends get all their crypto tips?
Sign up for free
📣 Attention Phenoms! 📣
Are you enjoying the insights, updates, and exclusive content found in our newsletter? We bet you know others who would love it too! Spread the word and make a difference today!
When you refer our newsletter to friends, family, or colleagues, you're not just sharing news—you're connecting them with a community of like-minded individuals passionate about crypto investing. Why keep the knowledge to yourself?
Click the link below and refer our newsletter now.
Reply