Trump vs. Harris Debate, Bitcoin ETFs Surge, & Major Funds Back FTX's Metaplex Tokens!

GM anon ☕🐺

In today’s Alpha Bytes👇

Trump-Harris debate and CPI reading expected to drive crypto market volatility this week while Harris leads in debate betting, but Polymarket shows Trump dominates swing states. US spot Bitcoin ETFs return to positive flows, adding $28M. Bernstein predicts a Bitcoin price of $80-90k if Trump wins presidential race, or $30-40k if Harris is elected. Pantera, ParaFi and others buy FTX's Metaplex tokens.

BTC $56, 879 (+3.59%), ETH $2, 342 (+1.91%), SOL $134.00 (+4.38%) 

Crypto News 📰 

• Polymarket betters think there’s a 13% chance Trump will mention ‘crypto’ at the second presidential debate

• Binance unit Tokocrypto is third crypto exchange to score full license in Indonesia

• Japan’s Metaplanet buys additional $2M in Bitcoin, raising total holdings to $26M

• North Carolina passes anti-CBDC bill, overrides governor’s veto

• Bitcoin trading volume surged to $2.8T in January to August period

• Japan’s largest electricity company, Tokyo Electric Power, to use renewable energy to mine Bitcoin

• 1.78T dollars was wiped out from the US stock market in the first week of September

• John Deaton slams Senator Warren of lobbying for banks, defends Bitcoin billionaires

• Coinbase layer-2 success shows power of marketing over cutting-edge tech

• Global crypto investment products record largest weekly outflows since March, totaling $726M: CoinShares

• SEC crypto enforcement hits $4.7B this year, rising 3,000% from 2023

• TON hits record transaction highs post-Durov arrest while token price plummets 30%

• Farcaster's new users have fallen into a low growth phase, from a daily peak of about 15,000 in early February to about 650 at present

• MicroStrategy's Michael Saylor predicts Bitcoin price will rise to $13M

• Kalshi's U.S. election markets delayed until friday at earliest

• Kamala Harris releases policy positions, but bitcoin and crypto are MIA

• Friend.tech creators bail on Ethereum social platform four months after token launch

• Sahm Rule indicates US recession remains likely but crypto may be set for bullish reversal

• Bitfarms delays special shareholders meeting to review Riot’s amended requisition

• Five U.S. States reach settlement with GS partners, investors to get full refunds

• Bitcoin retakes $57k, but potential positive catalysts are 'sparse,' says NYDIG

• Bitwise CIO says advisors adopting bitcoin ETFs ‘faster’ than any other exchange-traded fund in history

• Metalpha on Ethereum selling spree, can dump 51,300 ETH by end of week

• Michael Saylor says republicans have more 'progressive’ view on crypto, democrats ‘Drifting to the Middle’

• Investors lost record high $5.6B to crypto scams in 2023, FBI says

• Crypto Fund outflows were most since march last week as Bitcoin ETFs bled

• Decrypt, Rug Radio unveil MYRIAD digital media ecosystem and prediction market

• Senator Schumer leaves crypto out of lawmaker letter after vowing to push regulation

• Neiro on Ethereum becomes top 25 memecoin after Binance, Crypto.com, OKX listings

• DePIN tokens down 30% over 6 months despite reaching $20B market cap — MV Global

• A 0.50% Fed rate cut could raise alarm for Bitcoin, 10x research warns

• Coinbase must face shareholder lawsuit over regulator risk concerns, judge rules

• Liminal cleared by independent security audit after WazirX breach, no vulnerabilities found

• WazirX hacker moves $11M stolen Ether to Tornado cash

• Coinbase market share dips as smaller exchanges gain ground – Kaiko

Airdrops🪂 

• Grass Airdrop Information

• mETH's Next Leap: Boost Your Gains with the $COOK Airdrop 

Project Updates 🔥 

• Ether.Fi to launch visa 'Cash' Card on Scroll Network

• Gala announces more than 3M users in its Telegram gaming ecosystem ahead of $TREZ token launch

• GAMEE’s WatBird gears up for September token launch on The Open Network

• Onramper launches crypto off-ramp service with MoonPay, Alchemy and others

• Japanese blockchain Oasys partners with SK Planet to expand South Korean presence

• Machi Big Brother(@machibigbrother) spent ~5.2K $ETH($16.7M) to buy 11.1M $FRIEND, now worth only $0.7M

• @Tyler_Did_It - alignDRAW up 22% on the day and moving

• New markets coming to aave

• Friend tech sets admin & ownership parameters to 0x00..00

• Snapshot X launches to enable gas-free onchain voting via Starknet

• Llama introduces llamafeed

• Vega Protocol runs out of money for development

• Celestia reveals community roadmap

• Kyber Network introduces KyberZaP

• Wormhole introducing Sigma startup program

• Lombard Finance LBTC live on Morpho

• EclipseFND introduces tETH

• Rabby Wallet introduces GasAccount

Threads 🧵 

• Key insights from Delphi Digital's "Solana the Modular" research - @stacy_muur

• Market observations - @Stoiiic

• Tips on getting into Web3 - @Bobbyong

• Road to crypto intern - @AlexOnchain

• Edge Erosion and PvP - @skyquake_1

Launches 🚀 

• @idexio - IDEX & XCHAIN Mainnet, powered by Arbitrum, are LIVE!

• @Lab7007 - f(A.I.)r Launching on Arbitrum

• @rhinofi Diamond Wave Passport Mint 

Fundraise 💰

• Solana creator platform DRiP raises $8M in seed round 

That's a wrap for today!

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