GM. That is Day by day Squeeze – your citrus-infused crypto water, subtly flavoring your day with important blockchain notes.
🥥 Kamala Harris makes one other assertion that means she helps digital belongings.
🤓 Meta has introduced its newest innovation—AR good glasses known as Orion.
🍊 Information drops: gamers are disillusioned with Hamster Kombat’s airdrop, PayPal now presents crypto companies to companies + extra
🍍 Market flavour in the present day
Worry and Greed Index is holding regular at 50, conserving us proper in the midst of impartial territory. Appears just like the crypto market’s taking a breather and weighing its choices.
On the floor, issues look promising: retail buyers are accumulating, alternate provides are lowering, and BTC ETFs are seeing constant inflows. Nevertheless, we have seen related situations earlier than with out important value motion.
The elevated liquidity from US and Chinese language central banks may very well be a game-changer, probably fueling the crypto market. In the meantime, the 6-month HODL Wave has hit 79.02%, surpassing ranges seen at earlier bear market bottoms. This implies robust conviction amongst long-term holders.
As at all times, preserve your wits about you and your portfolio various. Within the crypto wild west, something can occur! 🤠
📸 Say “crypto”!
You understand how mother and father get all excited when their child says their first phrase? That is principally how left-wing crypto lovers react each time Kamala Harris even remotely mentions something crypto-related.
It is not with out purpose, tho, ‘trigger she hadn’t mentioned a single phrase about this business since she began operating for president. Effectively, up till three days in the past, when she lastly mentioned she’d help modern tech like AI and digital belongings whereas additionally defending customers and buyers.
Whereas that does sound promising and all, “defending buyers” can go some ways. Let’s take SEC Chair Gary Gensler for instance—for him, defending buyers means aggressive enforcement motion in opposition to crypto companies, which finally ends up slowing innovation too.
Again to Harris once more—she gave one other nod to digital belongings talking at The Financial Membership of Pittsburgh yesterday. And this time, she obtained just a little bolder together with her assertion, saying that her purpose is to preserve the US a pacesetter in tech like blockchain. This concept was additionally talked about in her not too long ago launched financial plan.
So yeah, we’re nonetheless not getting any concrete actions she plans to take to encourage innovation within the crypto business (and he or she nonetheless appears to be dodging the precise phrase “crypto”), however we’re positively beginning to see her lean in favor of this sector.
🚫 Newest tech replace: blocking folks IRL
We have all had these moments the place you are caught in a dialog so dangerous you simply wish to be gone proper then and there. And what? Now that is kinda doable.
On the Meta Join 2024 occasion, Mark Zuckerberg introduced Meta’s new product: Orion, a pair of augmented actuality (AR) good glasses with built-in mini projectors. He hyped them up as “probably the most superior glasses the world has ever seen,” and after seeing the demo, I gotta say, he isn’t incorrect.
With these glasses, you’ll be able to see the world round you want regular, however digital stuff simply pops up in entrance (see right here, he begins speaking concerning the glasses from round 1:19:00). So yeah, you’ll be able to sit at a dinner desk and ship a message with out having to take out your telephone and even look away.
These grandpa-from-Up-type wanting glasses are managed by voice instructions and a neural interface worn on the wrist. Mainly, you say some spells, do some hand gestures and management the apps.
So, the subsequent time a Karen goes on a rant about the way you parked too near her automobile, you’ll be able to look her straight within the eyes and faux to care whereas really being productive. You already know, answering some emails, texting your mates—no matter works.
📰 Information drops
🐹 Hamster Kombat has lastly dropped its HMSTR token… and the neighborhood is disillusioned. The token launched at $0.012, and plenty of customers really feel let down after taking part in the sport for months solely to obtain rewards that fell wanting expectations.
💼 PayPal now allows US retailers (besides these in New York) to purchase, promote, and commerce crypto. This replace brings companies the identical crypto instruments that particular person customers have been having fun with for some time.
⛓️ The US Congress Overseas Affairs Committee handed a decision urging Nigeria to right away free Binance exec Tigran Gambaryan from jail. Subsequent, it heads to the Home of Representatives for a vote.
🧑⚖️ South Korean authorities hit the Worldcoin Basis and its companion, Instruments For Humanity, with an $829K advantageous for breaking the nation’s privateness legal guidelines. They launched an investigation again in February after receiving complaints that the corporate could be gathering biometric knowledge in alternate for crypto.
🚀 Ethena simply revealed plans to roll out a brand new stablecoin known as UStb. The stablecoin might be backed by BlackRock’s tokenized USD Institutional Digital Liquidity Fund (BUIDL), making certain a gentle worth of $1 per token.
🤓 Data juice
Study Zengo with the most recent BitDegree Mission “Zengo: An Progressive Strategy to Crypto Storage”:
