Glassnode's report also highlights that the current Bitcoin price cycle is following patterns similar to the past three cycles, although it is managing to stay slightly ahead of previous periods . Despite softer corrections, the current cycle has shown a slower recovery rate compared to previous cycles, as measured by the Realized Capitalization metric . This metric provides a more accurate reflection of the network's capital inflows and outflows.
Palantir Technologies is a software company that specializes in building software solutions to empower organizations in integrating their data, decisions, and operations . The company offers a suite of software applications that enable the integration, visualization, and analysis of information. Palantir's software allows analysts within and between government organizations to collaborate and analyze large quantities of data
Google, the company suggests the implementation of a web technology called Web Monetization. This technology enables website owners to receive micro payments from users as they interact with their content. It provides an alternative way for content creators and website owners to be compensated for their work without relying solely on ads or subscriptions
NASA officials have been discussing potential plans with SpaceX to use their Crew Dragon spacecraft as a backup option for returning the astronauts if Starliner is still deemed unsafe for reentry. The possibility of leaving two seats empty on an upcoming Crew Dragon launch for Wilmore and Williams has been considered
The Japan Meteorological Agency issued a tsunami advisory following the earthquake, with tsunami waves of up to 50 centimeters (1.6 feet) detected along parts of Kyushu's southern coast and the nearby island of Shikoku . Seismologists held an emergency meeting to analyze whether the earthquake had affected the nearby Nankai Trough, which has been the source of past devastating earthquakes
Entegris, based in Billerica, Massachusetts, is known for supplying advanced materials and processes to the semiconductor and other high-tech industries. The company has major chipmakers such as Taiwan Semiconductor Manufacturing and Samsung among its clients . Entegris is well-positioned to offer complementary solutions, such as specialty gases, precursors, and graphite, to meet ON
Tim Walz, a military veteran and former congressman, is seen as a well-qualified candidate for the role of vice president. He has a progressive record and has helped enact an ambitious Democratic agenda in Minnesota. The selection of Walz as Harris's running mate was confirmed by both Harris and Walz themselves on social media.
Grayscale Investments has introduced two new crypto investment trusts, namely the Grayscale Bittensor Trust and the Grayscale Sui Trust. These trusts are designed to provide investment opportunities in specific crypto assets and are targeted at eligible individual and institutional accredited investors. The Grayscale Bittensor Trust is focused on TAO, the token associated with the Bittensor protocol
The decision to hold onto Bitcoin rather than opting for fiat currency payouts and resisting attempts from various entities to acquire their claims suggests that these creditors have a long-term hodler mentality
. This mentality aligns with the broader Bitcoin community's strategy of holding onto BTC through price fluctuations and volatility, commonly known as "hodling".
The potential for Bitcoin to fall below $50,000 if the Magnificent 7 stocks experience another $500 billion loss has been discussed in the context of the relationship between Bitcoin and the performance of these tech stocks. The Magnificent 7 stocks refer to the seven largest tech companies, including Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta (formerly Facebook), and Tesla, which collectively constitute a significant portion of the S&P 500 index
HBM, or high bandwidth memory, is a type of dynamic random access memory (DRAM) standard that was first produced in 2013. It involves vertically stacking chips to save space and reduce power consumption. HBM is a crucial component of graphics processing units (GPUs) used in AI applications, as it helps process large amounts of data generated by complex tasks
Capula Investment Management LLP, one of Europe's largest hedge funds, has announced that it holds $464 million worth of shares in spot Bitcoin exchange-traded funds (ETFs) from BlackRock and Fidelity. The firm holds 4 million shares in Fidelity's Bitcoin ETF, valued at $211 million, and 7.4 million shares in BlackRock's Bitcoin fund, valued at $253 million
Mango Markets, a decentralized cross-margin trading platform built on the Solana blockchain, has announced a partnership with RuneMine. The collaboration aims to enhance the integration between Solana and Bitcoin, creating a more interconnected ecosystem for the exchange of value and culture.
Asian share markets extended their gains on Wednesday, with the Nikkei leading the bounce. The Nikkei index in Japan rose by 2% following a 10% rally on Tuesday, which brought some relief after the index experienced a significant drop of 12.4% on Monday, marking its largest one-day sell-off since the 1987 Black Monday crash.
Repurposing waste heat from Bitcoin mining has gained attention in Scandinavia, with several miners actively exploring or implementing such projects. For example, Genesis Mining is participating in a research project in northern Sweden that investigates repurposing waste heat from Bitcoin mining to grow fruits and vegetables in greenhouses
Japanese firm Metaplanet has announced its plan to invest $58.76 million in Bitcoin (BTC) as part of its strategy to enhance its crypto treasury amid market volatility in Japan . The decision was made during the company's board of directors meeting, where they allocated 8.5 billion yen (approximately $58.76 million) for investment in Bitcoin
Saylor is famously bullish on BTC and has forecasted that the price of Bitcoin will reach approximately $13 million per coin by 2045 . He believes that Bitcoin is a scarce and desirable digital property . Saylor's company, MicroStrategy, currently owns approximately $8 billion worth of BTC
ByteDance, the company behind popular apps like TikTok, has entered the market of AI-generated videos with the launch of a software that can generate videos based on text prompts. This move puts ByteDance in competition with OpenAI's Sora, which is also focused on text-to-video generation. Since OpenAI unveiled Sora earlier this year, several Chinese tech firms have developed similar tools, with some already accessible to users
US President Joe Biden and Vice President Kamala Harris recently met with their national security team to discuss the situation and potential threats posed by Iran and its proxies, particularly in relation to Israel. The meeting took place in the White House Situation Room, where they focused on the ongoing tensions and the possibility of Iranian retaliation following the killing of a top Hamas leader in Tehran.
Robinhood, the popular trading platform, recently suspended 24-hour trades for a period of 8 hours due to an issue experienced by Blue Ocean ATS, their execution venue for round-the-clock trading. During the suspension period, all trades executed were canceled, causing frustration among investors who experienced losses during that time
The implementation of the Markets in Crypto-Assets (MiCA) regulation in the European Union has had a significant impact on the euro stablecoin market. MiCA, which came into force on June 30, 2024, has introduced new transparency and compliance standards for stablecoins across all 27 EU member countries
Law enforcement officials are actively investigating the shooter's motive, but as of now, no clear motive has been determined . The FBI has discovered over 700 social media comments believed to have been made by the shooter in 2019 and 2020, which were described as antisemitic and anti-immigrant . However, it is unclear if these comments directly relate to the motive behind the shooting.
The Bank of Japan's recent interest rate hike and new guidance have had a positive impact on global investors. The dollar surged against the yen, Japanese yields slipped, and the probability of a BOJ October rate rise decreased
SEC Commissioner Caroline A. Crenshaw has expressed concerns over Bitcoin and its impact on investor protection. In a dissenting statement, Commissioner Crenshaw criticized the Securities and Exchange Commission's (SEC) approval of proposed rule changes that would allow for the listing and trading of bitcoin-based products on national securities exchanges
CEO David Bailey and various sources, former President Donald Trump still plans to speak at the Bitcoin Conference in Nashville, Tennessee, despite surviving an assassination attempt on July 13, 2024, in Pennsylvania. Bailey, one of the event's organizers and the CEO of Bitcoin Magazine, confirmed that he had spoken with Trump's team and stated that the former president was in good spirits and excited to deliver a speech at the conference
cryptocurrency sleuth ZachXBT, there are suspicions that the Lazarus Group is behind the $305 million DMM Bitcoin hack. The funds from the hack have allegedly been laundered through an online marketplace called Huione Guarantee, which operates in Cambodia and has been linked to the ruling Hun family of the nation.
The shooter's location was outside the security perimeter, which has led to questions about the size of the perimeter and the efforts made to sweep and secure the American Glass Research building, where the shooter was found on top of the roof. The ability of the shooter to obtain rooftop access in close proximity to the event raises further concerns about the effectiveness of the security measures in place.
Rekt Capital, Bitcoin is currently less than 1.5% away from reclaiming $60,600 as support, which is seen as a crucial level for the cryptocurrency. Rekt Capital emphasizes the importance of this level in maintaining a post-halving reaccumulation range
Partior, a blockchain settlement network and fintech services firm backed by JP Morgan, Standard Chartered, and Temasek, has successfully closed a $60 million Series B funding round. The funding round was led by Peak XV Partners and received support from Valor Capital Group and Jump Trading Group, along with continued support from DBS, JP Morgan, Standard Chartered, and Temasek
the price of the largest Donald Trump memecoin, MAGA (TRUMP), experienced a significant surge of over 30% following an assassination attempt on the former United States president during a rally in Butler, Pennsylvania. The Ethereum-based MAGA memecoin saw its price jump from $6.31 to $10.36 immediately after the incident, resulting in its total market capitalization increasing from $293 million to $469 million in less than 45 minutes
The Kremlin's spokesman Dmitry Peskov clarified that Russia did not believe the current US administration was responsible for the assassination attempt but acknowledged that the atmosphere created by the administration may have provoked the attack
ICP Hub Sahara, an official branch of the Internet Computer Protocol ecosystem, has been actively encouraging Nigerian youths to engage with blockchain technology to enhance their global competitiveness
The Wall Street Journal and other sources, Google's parent company, Alphabet, is in advanced talks to acquire cybersecurity startup Wiz for approximately $23 billion. If the deal goes through, it would mark Google's largest-ever acquisition and further accelerate its presence in the cybersecurity industry
Bitcoin's price reached a two-week high, surpassing $62,000, as investors speculated that Trump's survival and potential re-election would be favorable for the cryptocurrency market
The Runes Protocol is a new token protocol built on top of the Bitcoin network. It allows for the creation and management of various types of digital tokens on the Bitcoin blockchain . Runes utilizes Bitcoin's native features for on-chain data storage and does not rely on off-chain data or a native token for operations
The complaint asks the SEC to investigate OpenAI's NDAs and requests that the company produce all contracts containing non-disclosure agreements, including employment agreements, severance agreements, and investor agreements, for inspection.
Thomas Matthew Crooks, armed with an AR-style rifle, opened fire at Donald Trump during a campaign rally in Butler, Pennsylvania. The shooting resulted in the death of one audience member and the injury of two others. Crooks was shot dead at the scene by a Secret Service sniper
The FBI has conducted interviews and reviewed thousands of images as part of the investigation into the incident .Law enforcement believes that Thomas Matthew Crooks acted alone, but they are continuing to investigate whether he had any accomplices
The EU tech regulators ruled that X's verified accounts, which display a blue checkmark, do not align with industry practices and negatively impact users' ability to determine the authenticity of the accounts they interact with.Prior to Musk's acquisition of the platform, the blue checkmark indicated that an account belonged to a public figure whose identity was verified. However, Musk changed the meaning of the blue checkmark to indicate that the account belonged to a paid subscriber.
Greenidge Generation Holdings Inc., a prominent Bitcoin mining company, has recently expanded its mining operations with the launch of a new site in Mississippi. The company deployed 2,400 Bitcoin miners at the Mississippi site, which went live on July 1, 2024. This expansion is part of Greenidge's efforts to increase its mining capacity and strengthen its position in the Bitcoin mining industry
Hong Kong Exchange-Traded Funds (ETFs) have recently made a significant acquisition in the form of Bitcoin (BTC). The ETFs purchased 425 BTC, which is equivalent to approximately $24 million. This development is seen as a sign of market maturity and could have an impact on the price of BTC. Increased demand from financial institutions often leads to rising prices as it reduces the available supply on the market
Burkett Financial Services, an investment advisor, has made a strategic shift in its Bitcoin ETF holdings. The company has moved from ProShares' BITO ETF to BlackRock's IBIT ETF, according to recent reports. During the second quarter, Burkett Financial Services completely liquidated its position in ProShares BITO ETF and reinvested in BlackRock's IBIT ETF. In the first quarter, the firm held 630 units of BITO, valued at $20,344.
Former President Donald Trump is set to headline the Bitcoin 2024 conference in Nashville, Tennessee. This event is significant as it marks the first time a US president publicly addresses the global Bitcoin community, making it a historic moment for the Bitcoin industry
there is a call for the Securities and Exchange Commission (SEC) of Nigeria to regulate Bitcoin and Ether as commodities. This recommendation comes after a court ruling in the United States state of Illinois classified Bitcoin and Ether as commodities,
The breach occurred in April and involved records of calls and texts from 2022. The leaked data does not appear to include financial information or specifics about call history. AT&T has stated that approximately 7.6 million current account holders and 65.4 million former account holders were affected by the breach.
Furthermore, the search results indicate that Democrats and Republicans have different concerns about the future of democracy. Democrats express concerns about what Trump might do if he returns to the White House, while Republicans fear the Democrats' alleged intentions to transform the country into a socialist or communist society.
The Solana network has gained attention for its fast transaction speeds and low costs, making it an attractive platform for decentralized applications (dApps) and various projects in the cryptocurrency space . Solana's ecosystem includes projects such as liquid staking Jito, Marinade, and Kamino, which have significant amounts of deposits. Additionally, Solana has seen increased developer activity, institutional interest, and growth in the DeFi ecosystem, NFTs, and gaming verticals
The game, which is currently in beta, is a blockchain-based football MMO that offers a sports simulation experience similar to the Football Manager series. Players can take on various roles such as coaching a team or representing a player. Square-Enix's investment of $3.1 million in Soccerverse demonstrates their enthusiasm for the project and their belief in its innovative use of blockchain technology in the genre of football management games
Nigerian court has scheduled the verdict for the tax evasion trial against cryptocurrency exchange Binance for October 11th. Binance is facing four counts of tax evasion, including failure to register with Nigeria's Federal Inland Revenue Service (FIRS) for tax purposes. The charges were initially filed on March 22, 2024, and Binance's lawyer has urged the judge to dismiss all charges
Nigeria's Securities and Exchange Commission (SEC) to regulate Bitcoin and Ether as commodities. This recommendation comes after a recent court ruling in the United States state of Illinois that classified Bitcoin and Ether as commodities. By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of these digital assets
While Big Tech stocks have been driving returns for over a year, there is a growing interest in sectors that have lagged behind, such as small-caps, real estate, and industrials. The recent cool inflation report has solidified expectations for a near-term rate cut by the Federal Reserve, further fueling the shift in investor focus
Apple's lucrative deal with Google could potentially be at risk following a recent U.S. court ruling that declared Google's search engine an illegal monopoly. The ruling has raised concerns about the future of the $20 billion annual payment that Google makes to Apple for default search placement on its devices. Analysts suggest that to avoid antitrust repercussions, Google might end this payment, which could significantly impact Apple's profits
During Reddit's recent earnings call, CEO Steve Huffman hinted at some upcoming changes to the platform, including the testing of AI-powered search results and the potential introduction of paid subreddits.
Notes by sella maurtan | export