Kamala Harris wants US to lead in blockchain

GM. That is Every 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 affords crypto companies to companies + extra

🍍 Market flavour at this time

Worry and Greed Index is holding regular at 50, holding us proper in the course of impartial territory. Appears just like the crypto market’s taking a breather and weighing its choices.

On the floor, issues look promising: retail traders are accumulating, trade provides are lowering, and BTC ETFs are seeing constant inflows. Nonetheless, we have seen related situations earlier than with out important worth motion.

The elevated liquidity from US and Chinese language central banks might 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, maintain your wits about you and your portfolio numerous. Within the crypto wild west, something can occur! 🤠

📸 Say “crypto”!

You know the way mother and father get all excited when their child says their first phrase? That is mainly how left-wing crypto fanatics react at any time when Kamala Harris even remotely mentions something crypto-related.

It is not with out motive, tho, ‘trigger she hadn’t mentioned a single phrase about this business since she began working for president. Nicely, up till three days in the past, when she lastly mentioned she’d help revolutionary tech like AI and digital belongings whereas additionally defending customers and traders.

Whereas that does sound promising and all, “defending traders” can go some ways. Let’s take SEC Chair Gary Gensler for instance—for him, defending traders 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 bought somewhat bolder together with her assertion, saying that her purpose is to maintain the US a frontrunner in tech like blockchain. This concept was additionally talked about in her just lately 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 she or he nonetheless appears to be dodging the precise phrase “crypto”), however we’re undoubtedly 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 unhealthy you simply wish to be gone proper then and there. And you understand 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 “essentially the most superior glasses the world has ever seen,” and after seeing the demo, I gotta say, he is not flawed.

With these glasses, you possibly can see the world round you want regular, however digital stuff simply pops up in entrance (see right here, he begins speaking in regards to the glasses from round 1:19:00). So yeah, you possibly can sit at a dinner desk and ship a message with out having to take out your cellphone and even look away.

These grandpa-from-Up-type wanting glasses are managed by voice instructions and a neural interface worn on the wrist. Principally, 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 possibly can look her straight within the eyes and faux to care whereas really being productive. You recognize, answering some emails, texting your pals—no matter works.

📰 Information drops

🐹 Hamster Kombat has lastly dropped its HMSTR token… and the group is disillusioned. The token launched at $0.012, and lots of customers really feel let down after taking part in the sport for months solely to obtain rewards that fell in need of 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 International 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 associate, Instruments For Humanity, with an $829K superb for breaking the nation’s privateness legal guidelines. They launched an investigation again in February after receiving complaints that the corporate may be amassing biometric information in trade for crypto.

🚀 Ethena simply revealed plans to roll out a brand new stablecoin known as UStb. The stablecoin will probably be backed by BlackRock’s tokenized USD Institutional Digital Liquidity Fund (BUIDL), making certain a gentle worth of $1 per token.